International Atomic Energy Agency director general Yukiya Amano said Iran was, as of today, "implementing its nuclear-related commitments" under the deal.
US President Donald Trump has been a harsh critic of what he calls the agreement's "disastrous flaws".
In January, he set a 120-day deadline for US lawmakers and European allies to "fix" the agreement or face a US withdrawal.
In a speech opening a meeting of the IAEA's board of governors, Amano said the deal "represents a significant gain for verification" and that if it "were to fail, it would be a great loss for nuclear verification and for multilateralism".
Amano said inspectors had had "access to all the sites and locations which we needed to visit".
He added that the agency had requested "further clarifications" over notification Iran gave the agency in January that it intended to construct "naval nuclear propulsion" at some point in the future.
Trump is concerned that parts of the deal start to expire from 2026 and that it fails to address Iran's missile programme, its regional activities or its human rights abuses.
A US exit could kill the deal, which the Islamic republic has refused to renegotiate.
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