Markets Actual Q1 Q2 Q3 Q4 2022
Currency 42000.00 42000 42000 42000 42000 42000

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -2.80 1.5 4.5 3.1 3 2
Unemployment Rate (%) 9.80 15 15.5 15.5 16.5 16.8
Inflation Rate (%) 48.20 38 31 21 25 25
Interest Rate (%) 18.00 18 18 18 18 18
Balance of Trade (USD Million) -212.00 2000 2500 3100 5000 5500
Current Account (USD Million) -622.00 3500 4000 4000 3000 4000
Current Account to GDP (%) -0.10 -3.5 -3.5 -3.5 -3.5 -2.5
Government Debt to GDP (%) 37.90 46.5 46.5 46.5 46 45
Government Budget (% of GDP) -4.40 -7.2 -7.2 -7.2 -7.2 -5

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -2.80 1.5 4.5 3.1 3 2
GDP (USD Billion) 445.35 415 415 415 415 420
GDP Constant Prices (IRR Billion) 1459601.00 1332780 1454593 1497586 1728179 1372764
Gross Fixed Capital Formation (IRR Billion) 185885.00 284580 310590 319770 203012 293117
GDP per capita (USD) 6948.70 6750 6750 6750 670 7100
GDP per capita PPP (USD) 14535.90 11400 11400 11400 11400 12140
GDP From Agriculture (IRR Billion) 115728.00 15089 16468 16954 106143 15541
GDP From Mining (IRR Billion) 382687.00 383114 418130 430488 381292 394607
GDP From Services (IRR Billion) 833931.00 816016 890598 916921 869758 840496

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 9.80 15 15.5 15.5 16.5 16.8
Youth Unemployment Rate (%) 24.50 25 25 25 25 25
Population (Million) 82.10 85.7 85.7 85.7 85.7 86.9

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 48.20 38 31 21 25 25
Consumer Price Index CPI (points) 292.80 269 277 281 257 337
Producer Prices (points) 189.70 201 210 245 228 262
Food Inflation (%) 67.20 30 30 35 20 20
Inflation Rate Mom (%) 2.50 2 2 2 2 2
Producer Prices Change (Percent) 62.28 20 40 40 30 30
CPI Housing Utilities (points) 211.00 228 230 226 209 285
CPI Transportation (points) 367.10 303 332 347 283 379

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 18.00 18 18 18 18 18

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -212.00 2000 2500 3100 5000 5500
Current Account (USD Million) -622.00 3500 4000 4000 3000 4000
Current Account to GDP (%) -0.10 -3.5 -3.5 -3.5 -3.5 -2.5
Imports (USD Million) 9150.00 14500 14900 14900 14500 15500
Exports (USD Million) 8938.00 17000 18000 18000 20000 22000
Crude Oil Production (BBL/D/1K) 2084.00 1990 2000 2100 2100 2500
Foreign Direct Investment (USD Million) 905.60 900 900 900 900 900

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 37.90 46.5 46.5 46.5 46 45
Government Budget (% of GDP) -4.40 -7.2 -7.2 -7.2 -7.2 -5
Government Budget Value (IRR Billion) -778100.00 -792500 -792500 -792500 -792500 -750000
Government Spending (RR Billion) 196074.00 191580 209090 215270 153547 197327

Taxes Actual Q1 Q2 Q3 Q4 2022
Sales Tax Rate (%) 8.00 9 8 8 9 9

Business Actual Q1 Q2 Q3 Q4 2022
Industrial Production (%) 1.50 -15 6.5 5.5 6 6
Steel Production (Thousand Tonnes) 2700.00 2100 2100 2300 2500 2500
Car Production (Units) 955923.00 850000 850000 850000 850000 900000

Consumer Actual Q1 Q2 Q3 Q4 2022
Consumer Spending (IRR Billion) 622914.67 544555 594326 611893 727546 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.