Iran’s GDP shrinks 10.1% during wartime attacks
Iran’s economy contracted sharply in the first quarter of 2026 as official data showed a 10.1% year-on-year drop in GDP amid Israeli and US attacks.
Key Takeaways
AIOfficial data shows that Iran’s gross domestic product shrank by 10.1% year-on-year in the first quarter of the Persian calendar, according to the Iranian Statistical Center.
This period, from late March to late June 2026, coincided with attacks on Iran by Israel and the United States.
The statistics confirmed that the economic contraction included GDP with the oil sector, reflecting the significant impact of the conflict on Iran’s economy.