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Gross domestic product in current prices

(LCU)

Iran is the top country by GDP (LCU) in the world. As of 2017, GDP (LCU) in Iran was 15,316,530,000 million LCU that accounts for 38.24 % of the world's GDP (LCU). The top 5 countries (others are Indonesia, Viet Nam, Republic of Korea, and Colombia) account for 91.31 % of it. The world's total GDP (LCU) was estimated at 40,049,165,541 million LCU in 2017.

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What is GDP (LCU)?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.