Iran: Household consumption, percent of GDP

* indicates monthly or quarterly data series
 Iran

Household consumption as percent of GDP

 Latest value 47.21
 Year 2023
 Measure percent
 Data availability 1960 - 2023
 Average 54.53
 Min - Max 36.75 - 81.84
 Source The World Bank
For that indicator, we provide data for Iran from 1960 to 2023. The average value for Iran during that period was 54.53 percent with a minimum of 36.75 percent in 1974 and a maximum of 81.84 percent in 1960. The latest value from 2023 is 47.21 percent. For comparison, the world average in 2023 based on 131 countries is 63.66 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Iran - Household consumption, percent of GDP - Recent values chart

Historical chart
Iran - Household consumption, percent of GDP - historical chart - 1960-2023




Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 38.00 2022 percent
 Capital investment, in dollars 146.32 2023 billion U.S. dollars
 Household consumption, percent of GDP 47.21 2023 percent
 Household consumption, in dollars 189.57 2023 billion U.S. dollars
 Household consumption 4,297,473.36 Q3/2020 billion
 Consumption as percent of GDP 37.23 Q3/2020 percent
 Consumption growth 24.57 Q3/2020 percent
 Investment 3,094,524.51 Q3/2020 billion
 Investment as percent of GDP 26.81 Q3/2020 percent
 Investment growth 55.02 Q3/2020 percent
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