Markets Actual Q2 Q3 Q4 Q1 2020
Currency 42000.00 42147 42294 42441 42592 42890
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 1.80 -4.9 -6.4 -6.8 2.5 2.5
Unemployment Rate (%) 12.20 12.5 12.2 12 12.5 11.5
Inflation Rate (%) 52.10 50 48 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 -4.9 -6.4 -6.8 2.5 2.5
GDP (USD Billion) 439.51 410 410 410 451 451
GDP Constant Prices (IRR Billion) 1677000.00 1594827 1569672 1562964 1718925 1602038
Gross Fixed Capital Formation (IRR Billion) 197000.00 187347 184392 183604 201925 188194
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 97953 96408 95996 105575 98396
GDP From Mining (IRR Billion) 370000.00 351870 346320 344840 379250 353461
GDP From Services (IRR Billion) 844000.00 802644 789984 786608 865100 806273
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 12.20 12.5 12.2 12 12.5 11.5
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 52.10 50 48 37 35 32
Consumer Price Index CPI (Index Points) 173.50 184 203 208 222 274
Producer Prices (Index Points) 175.20 189 234 261 254 339
Food Inflation (%) 81.70 88 85 67 50 25
Inflation Rate Mom (%) 1.50 3.5 2.5 2 2 1.5
CPI Housing Utilities (Index Points) 141.20 173 172 183 185 242
CPI Transportation (Index Points) 177.70 183 235 199 224 263
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 18.00 20 20 20 20 18
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) 2370.00 3000 3050 3050 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 141699 139464 138868 152725 142340
Taxes Actual Q2 Q3 Q4 Q1 2020
Sales Tax Rate (%) 8.00 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) 2165.00 1750 1750 1750 1750 1800
Car Production (Units) 955923.00 700000 700000 700000 800000 800000
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (IRR Billion) 706000.00 671406 660816 657992 723650 674442


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.