Iran Country profile

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February 2018

Iran lags behind most of its regional peers on measures of growth, per capita incomes and business climate. But creditworthiness is on par with the regional average.  It is the second largest economy in the Middle East and North African region (MENAP) after Saudi Arabia. The recent improvement in oil prices bode well for the outlook, though the threat of the US reimposing extraterritorial sanctions remains a key risk. 

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This chart is a cobweb diagram showing how a country measures up on four important dimensions of economic performance—per capita income, annual GDP growth, business climate and creditworthiness. Per capita income is in current US dollars for 2018 as provided by the IMF. Annual GDP growth is for 2018. Business climate is measured by the World Bank’s Ease of Doing Business ranking of 190 countries. Creditworthiness attempts to measure a country's ability to honour its external debt obligations and is measured by its OECD country credit risk rating. The chart shows not only how a country performs on the four dimensions, but how it measures up against other comparable countries.