Iran: Remittances, percent of GDP

* indicates monthly or quarterly data series

Remittances as percent of GDP

 Latest value 0.54
 Year 2004
 Measure percent
 Data availability 1993 - 2004
 Average 0.89
 Min - Max 0.35 - 2.35
 Source The World Bank
For that indicator, we provide data for Iran from 1993 to 2004. The average value for Iran during that period was 0.89 percent with a minimum of 0.35 percent in 1997 and a maximum of 2.35 percent in 1993. The latest value from 2004 is 0.54 percent. For comparison, the world average in 2004 based on 161 countries is 4.20 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 - Remittances, percent of GDP - recent values

Historical chart
Iran - Remittances, percent of GDP - historical chart - 1993-2004

Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.

 Related indicators Latest value Reference Measure
 Terms of trade 138.43 2021 percent
 Trade openness 54.91 2022 percent
 Exports, percent of GDP 19.80 2022 percent
 Exports, billion dollars 110.88 2022 billion U.S. dollars
 Growth of exports 8.16 2022 percent
 Imports, percent of GDP 17.88 2022 percent
 Imports, billion dollars 102.47 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.36 2022 percent
 Foreign Direct Investment, billion dollars 1.50 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2000 million dollars (current)
 Current account, percent of GDP 3.44 2023 percent
 Current account, in dollars 12.48 2000 billion U.S. dollars
 Trade balance, percent of GDP 2.03 2022 percent
 Trade balance, in dollars 12.22 2000 billion U.S. dollars
 Reserves 7.69 1982 billion U.S. dollars
 Remittances, percent of GDP 0.54 2004 percent
 Net errors and omissions -1,355.00 2000 million USD
 External debt 2.55 2022 percent
 Short-term external debt 25.08 2022 percent
 Short-term debt to reserves 62.06 1982 percent
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