Manufacturing, value added in Iran

Iran: Manufacturing, value added was 19,707.30 trillion constant LCU in 2024. ◆ Volatile

Latest (2024)
19,707.30 trillion constant LCU
Change on year
up 2.3%
World rank
1st
of 191 countries
All-time high
19,707.30 trillion constant LCU
in 2024
All-time low
257.68 trillion constant LCU
in 1960
Years of data
65
1960–2024

Manufacturing, value added in Iran, 1960–2024

05,000.0T10,000.0T15,000.0T20,000.0T196019922024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

The most recent figure for manufacturing, value added in Iran is 19,707.30 trillion constant LCU, measured in 2024. That is the highest value across all 65 years on record.

The figure is up 2.3% on the previous year and up 42.6% over ten years.

Over the whole period, manufacturing, value added in Iran peaked at 19,707.30 trillion constant LCU in 2024 and was at its lowest, 257.68 trillion constant LCU, in 1960.

That places Iran 1st out of 191 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 436.58 trillion constant LCU 257.68 trillion constant LCU 701.07 trillion constant LCU 10
1970s 1,449.48 trillion constant LCU 761.96 trillion constant LCU 2,102.07 trillion constant LCU 10
1980s 2,227.60 trillion constant LCU 1,841.53 trillion constant LCU 2,572.96 trillion constant LCU 10
1990s 4,290.92 trillion constant LCU 3,296.59 trillion constant LCU 5,475.02 trillion constant LCU 10
2000s 9,386.11 trillion constant LCU 6,128.80 trillion constant LCU 12,229.40 trillion constant LCU 10
2010s 13,711.63 trillion constant LCU 12,689.30 trillion constant LCU 14,410.20 trillion constant LCU 10
2020s 17,996.46 trillion constant LCU 16,077.00 trillion constant LCU 19,707.30 trillion constant LCU 5

Countries ranked near Iran

  1. 2 Indonesia 2,757.59 trillion constant LCU compare
  2. 3 Vietnam 1,624.66 trillion constant LCU compare
  3. 4 South Korea 623.30 trillion constant LCU compare

See the full ranking of 191 places →

More economy & growth data for Iran

All data for Iran →

Frequently asked questions

What is manufacturing, value added in Iran?
Manufacturing, value added in Iran was 19,707.30 trillion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest manufacturing, value added recorded in Iran?
The highest recorded value was 19,707.30 trillion constant LCU in 2024.
What is the lowest manufacturing, value added recorded in Iran?
The lowest recorded value was 257.68 trillion constant LCU in 1960.
How does Iran rank for manufacturing, value added?
Iran ranks 1st out of 191 countries with data for 2024.
Is manufacturing, value added rising or falling in Iran?
Over the last ten years it is up 42.6%. The long-run trend across the full record is volatile.
Where does this Iran data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Manufacturing, value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 7,651 data points, 1960–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.