Markets Actual Q2 Q3 Q4 Q1 2020
Currency 42000.00 42340 42685 43029 43378 44085
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 1.80 -2.9 -3.4 -3.8 2.5 3.5
Unemployment Rate (%) 11.70 12.5 12.2 12 12.5 11.5
Inflation Rate (%) 47.50 40 38 37 35 32
Interest Rate (%) 18.00 20 20 20 20 18
Balance of Trade (USD Million) 12983.00 5790 4408 5122 2500 4000
Current Account (USD Million) 11061.00 2500 2500 2500 3000 2500
Current Account to GDP (%) 1.30 0.5 0.5 0.5 0.8 -0.8
Government Debt to GDP (%) 44.20 40 40 40 35 35
Government Budget (% of GDP) -3.90 -3.1 -3.1 -3.1 -3.1 -3.1
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 1.80 -2.9 -3.4 -3.8 2.5 3.5
GDP (USD Billion) 439.51 410 410 410 451 451
GDP Constant Prices (IRR Billion) 1677000.00 1628367 1619982 1613274 1718925 1669739
Gross Fixed Capital Formation (IRR Billion) 197000.00 191287 190302 189514 201925 196147
GDP per capita (USD) 6946.86 5800 5800 5800 6300 6300
GDP per capita PPP (USD) 19082.62 16400 16400 16400 17500 17500
GDP From Agriculture (IRR Billion) 103000.00 100013 99498 99086 105575 102554
GDP From Mining (IRR Billion) 370000.00 359270 357420 355940 379250 368398
GDP From Services (IRR Billion) 844000.00 819524 815304 811928 865100 840345
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 11.70 12.5 12.2 12 12.5 11.5
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 47.50 40 38 37 35 32
Consumer Price Index CPI (Index Points) 153.60 172 196 210 207 278
Producer Prices (Index Points) 175.20 245 245 245 245 257
Food Inflation (%) 73.20 68 55 47 40 25
Inflation Rate Mom (%) 3.50 3.5 2.5 2 2 1.5
CPI Housing Utilities (Index Points) 125.30 162 166 172 169 227
CPI Transportation (Index Points) 169.40 171 226 232 229 306
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 18.00 20 20 20 20 18
Deposit Interest Rate (%) 12.80 14.8 14.8 14.8 14.8 14.8
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) 12983.00 5790 4408 5122 2500 4000
Current Account (USD Million) 11061.00 2500 2500 2500 3000 2500
Current Account to GDP (%) 1.30 0.5 0.5 0.5 0.8 -0.8
Exports (USD Million) 29336.00 18000 16469 17380 16000 18000
Imports (USD Million) 16353.00 12210 12061 12258 13500 14000
Crude Oil Production (BBL/D/1K) 3755.00 3600 3550 3450 3400 3300
Foreign Direct Investment (USD Million) 2356.90 1100 1100 1100 1200 1200
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 44.20 40 40 40 35 35
Government Budget (% of GDP) -3.90 -3.1 -3.1 -3.1 -3.1 -3.1
Government Spending (RR Billion) 149000.00 144679 143934 143338 152725 148355
Taxes Actual Q2 Q3 Q4 Q1 2020
Sales Tax Rate (%) 9.00 9 9 9 9 9
Business Actual Q2 Q3 Q4 Q1 2020
Industrial Production (%) -0.50 3.5 4 0.57 2.5 0.62
Steel Production (Thousand Tonnes) 2015.00 1750 1750 1750 1750 1800
Car Production (Units) 958339.00 700000 700000 700000 800000 800000
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (IRR Billion) 706000.00 685526 681996 679172 723650 702943


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.