Markets Actual Q4 Q1 Q2 Q3 2021
Currency 42000.00 42000 42000 42000 42000 42000

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) -6.40 -7 1.5 4.5 3.1 3
Unemployment Rate (%) 9.80 14.5 15 15.5 15.5 16.5
Inflation Rate (%) 34.40 30 33 31 21 25
Interest Rate (%) 18.00 18 18 18 18 18
Balance of Trade (USD Million) -1767.00 4000 2000 2500 3100 5000
Current Account (USD Million) -2402.00 2000 3500 4000 4000 3000
Current Account to GDP (%) -0.10 -4.5 -3.5 -3.5 -3.5 -3.5
Government Debt to GDP (%) 37.90 48.5 46.5 46.5 46.5 46
Government Budget (% of GDP) -4.40 -9.5 -7.2 -7.2 -7.2 -7.2

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) -6.40 -7 1.5 4.5 3.1 3
GDP (USD Billion) 445.35 410 415 415 415 415
GDP Constant Prices (IRR Billion) 1433096.95 1332780 1454593 1497586 1477523 1372764
Gross Fixed Capital Formation (IRR Billion) 252186.00 284580 310590 319770 315486 293117
GDP per capita (USD) 6948.70 6500 6750 6750 6750 670
GDP per capita PPP (USD) 14535.90 10500 11400 11400 11400 11400
GDP From Agriculture (IRR Billion) 16224.32 15089 16468 16954 16727 15541
GDP From Mining (IRR Billion) 411950.31 383114 418130 430488 424721 394607
GDP From Services (IRR Billion) 877436.23 816016 890598 916921 904637 840496

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 9.80 14.5 15 15.5 15.5 16.5
Youth Unemployment Rate (%) 26.10 25.5 25 25 25 25
Population (Million) 82.10 84.5 85.7 85.7 85.7 85.7

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 34.40 30 33 31 21 25
Consumer Price Index CPI (points) 244.30 252 267 281 296 315
Producer Prices (points) 175.20 201 210 245 228 262
Food Inflation (%) 31.40 20 30 45 35 20
Inflation Rate Mom (%) 3.60 2 2 2 2 2
Producer Prices Change (Percent) 52.88 15 20 40 30 30
CPI Housing Utilities (points) 194.80 213 222 226 236 266
CPI Transportation (points) 323.20 284 320 347 391 354

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 18.00 18 18 18 18 18

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) -1767.00 4000 2000 2500 3100 5000
Current Account (USD Million) -2402.00 2000 3500 4000 4000 3000
Current Account to GDP (%) -0.10 -4.5 -3.5 -3.5 -3.5 -3.5
Imports (USD Million) 14471.00 14000 14500 14900 14900 14500
Exports (USD Million) 12705.00 16000 17000 18000 18000 20000
Crude Oil Production (BBL/D/1K) 1964.00 1950 1990 2000 2100 2100
Foreign Direct Investment (USD Million) 2430.20 900 900 900 900 900

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 37.90 48.5 46.5 46.5 46.5 46
Government Budget (% of GDP) -4.40 -9.5 -7.2 -7.2 -7.2 -7.2
Government Budget Value (IRR Billion) -778100.00 -830500 -792500 -792500 -792500 -792500
Government Spending (RR Billion) 196074.00 191580 209090 215270 212386 197327

Taxes Actual Q4 Q1 Q2 Q3 2021
Sales Tax Rate (%) 8.00 9 8 8 8 9

Business Actual Q4 Q1 Q2 Q3 2021
Industrial Production (%) 10.50 -15 4.5 6.5 5.5 6
Steel Production (Thousand Tonnes) 2260.00 2000 2100 2100 2300 2500
Car Production (Units) 955923.00 800000 850000 850000 850000 850000

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Spending (IRR Billion) 585543.11 544555 594326 611893 603695 560892


This page has economic forecasts for Iran including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Iran economy.