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

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Annual Growth Rate (%) 1.80 0.1 0.5 0.1 1 1.1
Unemployment Rate (%) 10.40 12.5 12.5 13 13.5 13.5
Inflation Rate (%) 19.80 20 30 32 32 25
Interest Rate (%) 18.00 18 18 18 18 18
Balance of Trade (USD Million) 12983.00 6550 5150 4000 4000 5000
Current Account (USD Million) 11061.00 -2800 -2800 -2800 -2800 -3500
Current Account to GDP (%) -0.10 -4.5 -4.5 -4.5 -3.5 -3.5
Government Debt to GDP (%) 44.20 46.2 46.2 46.2 48 48
Government Budget (% of GDP) -4.40 -4.8 -4.8 -4.8 -5 -5

GDP Actual Q2 Q3 Q4 Q1 2021
GDP Annual Growth Rate (%) 1.80 0.1 0.5 0.1 1 1.1
GDP (USD Billion) 485.00 410 410 410 415 415
GDP Constant Prices (IRR Billion) 1677000.00 1678677 1685385 1678677 1693770 1697142
Gross Fixed Capital Formation (IRR Billion) 197000.00 197197 197985 197197 198970 199366
GDP per capita (USD) 6952.40 7079 7079 7079 7151 7151
GDP per capita PPP (USD) 19098.00 17500 17500 17500 19080 19877
GDP From Agriculture (IRR Billion) 103000.00 103103 103515 103103 104030 104237
GDP From Mining (IRR Billion) 370000.00 370370 371850 370370 373700 374444
GDP From Services (IRR Billion) 844000.00 844844 848220 844844 852440 854137

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 10.40 12.5 12.5 13 13.5 13.5
Youth Unemployment Rate (%) 26.10 26 25.5 25.5 25 25
Population (Million) 82.10 84.5 84.5 84.5 85.7 85.7

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) 19.80 20 30 32 32 25
Consumer Price Index CPI (points) 204.80 210 236 256 265 320
Producer Prices (points) 175.20 263 237 228 228 262
Food Inflation (%) 10.70 40 45 45 45 50
Inflation Rate Mom (%) 2.10 1.6 1.5 2 2 2
Producer Prices Change (Percent) 52.88 50 35 30 30 15
CPI Housing Utilities (points) 167.10 170 201 216 220 271
CPI Transportation (points) 242.90 214 232 288 318 360

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

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (USD Million) 12983.00 6550 5150 4000 4000 5000
Current Account (USD Million) 11061.00 -2800 -2800 -2800 -2800 -3500
Current Account to GDP (%) -0.10 -4.5 -4.5 -4.5 -3.5 -3.5
Imports (USD Million) 16353.00 12950 13750 14000 14000 15000
Exports (USD Million) 29336.00 19500 18900 18000 18000 20000
Crude Oil Production (BBL/D/1K) 1969.00 2350 2450 2650 2550 3100
Foreign Direct Investment (USD Million) 2430.20 900 900 900 900 1000

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 44.20 46.2 46.2 46.2 48 48
Government Budget (% of GDP) -4.40 -4.8 -4.8 -4.8 -5 -5
Government Budget Value (IRR Billion) -778100.00 -825616 -825616 -825616 -825616 -888741
Government Spending (RR Billion) 256990.00 257247 258275 257247 259560 260077

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

Business Actual Q2 Q3 Q4 Q1 2021
Industrial Production (%) -0.50 3.8 4 4.5 4.5 8
Steel Production (Thousand Tonnes) 1790.00 1800 1800 1800 1800 1800
Car Production (Units) 955923.00 800000 800000 800000 800000 800000

Consumer Actual Q2 Q3 Q4 Q1 2021
Consumer Spending (IRR Billion) 706000.00 706706 709530 706706 713060 714480


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.