Ranking of Iran’s economic status in South-West Asia using multi-criteria decision-making approach

According to Iran’s Twenty Year Vision Policy Document, the country will be a developed state ranking first in the region in terms of economy by the end of 2025. Development has many aspects, the economic development is one of its most important pillar. It is crucial to have a clear understanding of the status in order to realize the Vision Policy goals and based on the future planning and policy making.; This paper is an attempt to determine the economic status of Iran in the region . To this end, various economic indicators were collected within the specified time frame. Given the different importance of these factors in determining the economic status, using - multi-criteria decision-making models (AHP and TOPSIS ) to determine the relative weight of each indicator, the combination index of the economic status of countries was identified. Findingsillustrate that Turkey, Qatar, United Arab Emirates, Saudi Arabia and Iran rank first to fifth, respectively, among the twenty-five countries of South-West Asia in terms of economic development.;