The economy of Iran is a mixed economy with a large state-owned sector and is the largest in the Middle East in terms of nominal GDP. It is the world's 21st largest by purchasing power parity (PPP). Some 60% of Iran's economy is centrally planned.
Iran is the fifth richest country in the world in terms of natural resources such as oil, gas, coal, war and wood, gold, silver, copper, uranium, crude iron and phosphate, With one percent of the world's population, it has more than 7 percent of the world's mineral resources.
Upper class
The top ten percent earners in Iranian society pay 3% of all income taxes, while in the United States the top 10% pay more than 70% of the total income taxes (US billionaires are collectively richer than their Iranian counterparts, however).
The GFP index denotes Iran as a Top 20 world power. For 2023, Iran is ranked 17 of 145 out of the countries considered for the annual GFP review. The nation holds a PwrIndx* score of 0.2712 (a score of 0.0000 is considered 'perfect').
It is the world's 21st largest by purchasing power parity (PPP). Some 60% of Iran's economy is centrally planned. It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange.
Iran performs most strongly in Health and Living Conditions but is weakest in Personal Freedom. The biggest improvement compared to a decade ago came in Social Capital. Visit our Rankings table to see how Iran compares to other countries.
The average IQ of Iranian population is 84 and the ranking of Iran is 119 among 199 countries in the world.
The rapid rise of millionaires makes Iran the 14 richest country in the world and the wealthiest in the Middle East, according to Capgemini's estimates. Iran is now even richer than its biggest rival, Saudi Arabia, which ranks 17 with 210,000 millionaires. Extreme wealth in Iran is not new.
- Slums in Iran includes historical areas of the central core of cities, old areas around the central core and informal settlements. - Cities and neighborhoods that have been identified and studied by the government organization of Urban Regeneration Corporation of Iran.
Iran is a regional and middle power, with a geopolitically strategic location in the Asian continent. It is a founding member of the United Nations, the ECO, the OIC, and the OPEC. It has large reserves of fossil fuels—including the second-largest natural gas supply and the third-largest proven oil reserves.
The Iranian people are the most friendly one we have ever met. During our trip, we spoke with a few European and American tourists. All of them were unanimous on saying good things about Iranian hospitality. In fact, it was in Iran where we started to learn a big lesson: “do not generalise.
Public facilities are the main provider of healthcare.
Today, more than 90% of Iran's 23 million rural population has access to free healthcare services such as prenatal care and vaccination.
More than 90% of the population has health insurance, and the government has made universal coverage by 2018 a priority. In general, health insurance covers 70% of the cost of drugs on the insurers' coverage list, and 90% of public hospital costs, with extra provision for those with rare diseases or in remote areas.
The level of happiness varied from the highest value 148.97±21.49 in Boushehr Province and the lowest 130.39± 25.28 in Hormozgan Province. The mean ± SD value of happiness in the work communities of Iran was 141.22±22.89.
Australia is now home to 2.2 million millionaires, according to a new study. Half of all Australians in 2021 had more than $400,000 in wealth. It means we have the highest median wealth of all the countries studied.
Australia consistently ranks highly in global indexes as a desirable destination to live, work, study and invest. Australia is one of the most multicultural countries in the world and home to the world's oldest living culture. 3rd most desirable work destination in the world.
Iran's economy is dominated by the oil- and gas sector, agriculture and services sectors, and a noticeable state presence in manufacturing and financial services. Economic activity and government revenues to a large extent depend on oil revenues and therefore remain sensitive to the global oil prices.
Iran: The price of octane-95 gasoline is 15000 Iranian Rial per liter. For comparison, the average price of gasoline in the world for this period is 360999.32 Iranian Rial. The chart below shows the price of gasoline in the country relative to other countries. Use the drop menu to see the prices in gallons.
According to a Professor at George Mason University who specializes in Iran, while pork is forbidden under Islamic law, the policy in Iran is to leave minority religions alone.