Iran fifth gold consumer in 2025, global data show

World Bank data shows Iran’s GDP per capita, at approximately $5,190 in 2024, places it in the lower-middle tier of global economies, ranking 119th out of 197 nations.

Yet, in the gold market, it is a global titan. This discrepancy proves that Iranians are diverting a significantly larger portion of their income into gold than citizens of stable economies, Euronews reported.

The ranking comes while the country’s economy is under immense oppressive US pressures.

MNA