Markets Actual Q1 Q2 Q3 Q4 2020
Currency 42000.00 42340 42685 43029 43378 44085
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 1.80 -2.5 -2.9 -3.4 -3.8 3.5
Unemployment Rate (%) 12.10 12.7 12.5 12.2 12 11.5
Inflation Rate (%) 39.90 38 36 32 25 18
Interest Rate (%) 18.00 20 20 20 20 18
Balance of Trade (USD Million) 12983.00 2101 790 1408 5122 7242
Current Account (USD Million) 11061.00 3000 2500 2500 2500 2500
Current Account to GDP (%) 4.26 0.5 0.5 0.5 0.5 -0.8
Government Debt to GDP (%) 39.50 40 40 40 40 35
Government Budget (% of GDP) -1.80 -1.8 -1.8 -1.8 -1.8 -1.8
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 1.80 -2.5 -2.9 -3.4 -3.8 3.5
GDP (USD Billion) 439.51 410 410 410 410 451
GDP Constant Prices (IRR Billion) 1677000.00 1660425 1628367 1619982 1613274 1669739
Gross Fixed Capital Formation (IRR Billion) 197000.00 359775 191287 190302 189514 196147
GDP per capita (USD) 6946.86 5800 5800 5800 5800 6300
GDP per capita PPP (USD) 19082.62 16400 16400 16400 16400 17500
GDP From Agriculture (IRR Billion) 103000.00 15600 100013 99498 99086 102554
GDP From Mining (IRR Billion) 370000.00 431925 359270 357420 355940 368398
GDP From Services (IRR Billion) 844000.00 902850 819524 815304 811928 840345
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 12.10 12.7 12.5 12.2 12 11.5
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 39.90 38 36 32 25 18
Consumer Price Index CPI (Index Points) 153.60 158 167 187 192 227
Producer Prices (Index Points) 173.90 245 245 245 245 257
Food Inflation (%) 59.90 44 38 35 27 15
Inflation Rate Mom (%) 3.50 4 3.5 2.5 2 1.5
CPI Housing Utilities (Index Points) 125.30 156 157 159 157 185
CPI Transportation (Index Points) 169.40 153 166 216 212 250
Money Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) 12983.00 2101 790 1408 5122 7242
Current Account (USD Million) 11061.00 3000 2500 2500 2500 2500
Current Account to GDP (%) 4.26 0.5 0.5 0.5 0.5 -0.8
Exports (USD Million) 29336.00 16601 15000 16469 22380 24500
Imports (USD Million) 16353.00 14500 14210 15061 17258 17258
Crude Oil Production (BBL/D/1K) 3755.00 3650 3600 3550 3450 3300
Foreign Direct Investment (USD Million) 1969.20 1100 1100 1100 1100 1200
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 39.50 40 40 40 40 35
Government Budget (% of GDP) -1.80 -1.8 -1.8 -1.8 -1.8 -1.8
Government Budget Value (IRR Billion) -610301.10 -694950 -708956 -722962 -736967 -825616
Government Spending (RR Billion) 149000.00 221325 144679 143934 143338 148355
Taxes Actual Q1 Q2 Q3 Q4 2020
Sales Tax Rate (%) 9.00 9 9 9 9 9
Business Actual Q1 Q2 Q3 Q4 2020
Industrial Production (%) -0.50 3.5 3.5 4 0.57 0.62
Steel Production (Thousand Tonnes) 2260.00 1750 1750 1750 1750 1800
Car Production (Units) 958339.00 700000 700000 700000 700000 800000
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (IRR Billion) 706000.00 686400 685526 681996 679172 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.