Iran: Household consumption, percent of GDP

* indicates monthly or quarterly data series
 Iran

Household consumption as percent of GDP

 Latest value 50.30
 Year 2023
 Measure percent
 Data availability 1960 - 2023
 Average 54.58
 Min - Max 36.75 - 81.84
 Source The World Bank
The latest value from 2023 is 50.3 percent, an increase from 45.28 percent in 2022. In comparison, the world average is 62.93 percent, based on data from 146 countries. Historically, the average for Iran from 1960 to 2023 is 54.58 percent. The minimum value, 36.75 percent, was reached in 1974 while the maximum of 81.84 percent was recorded in 1960. 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 data
Iran - Household consumption, percent of GDP - Recent values chart

Historical series
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 Reference Measure
 Capital investment, percent of GDP 36.44 2023 percent
 Capital investment, in dollars 149.86 2022 billion U.S. dollars
 Household consumption, percent of GDP 50.30 2023 percent
 Household consumption, in dollars 203.51 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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