Iran | Economic Forecasts | 2017-2020 Outlook

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.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 32442.00 32700 33100 34000 33700 38900 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 0.60 4.1 4.3 4.5 4.6 5.2 percent [+]
GDP 425.33 438 421 438 396 451 USD Billion [+]
GDP Constant Prices 509325.00 509697 509804 509744 509760 509756 IRR Billion [+]
Gross Fixed Capital Formation 755886.00 769482 769478 769479 769479 769479 IRR Billion [+]
GDP per capita 5936.54 5883 5916 5949 5939 5934 USD [+]
GDP per capita PPP 16507.00 16662 16668 16675 16462 15423 USD [+]
GDP From Agriculture 30191.00 44842 44842 44842 44842 44842 IRR Billion [+]
GDP From Mining 677059.00 638775 675948 638991 675734 640234 IRR Billion [+]
GDP From Services 1558114.00 1501970 1556571 1502270 1556272 1504004 IRR Billion [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 12.70 11.1 10.3 10 10.8 9.5 percent [+]
Employed Persons 23031646.00 22627177 22983841 22626574 22388812 23095395 [+]
Youth Unemployment Rate 30.20 30.02 29.39 29.89 29.58 29.67 percent [+]
Population 79.70 80.18 80.45 80.72 80.95 83.49 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 12.60 7.9 7.1 7.2 7.4 5.9 percent [+]
Consumer Price Index CPI 265.60 258 260 263 263 279 Index Points [+]
Producer Prices 236.30 238 242 245 248 273 Index Points [+]
Food Inflation 19.90 22.07 24.43 25.47 25.91 26.19 percent [+]
Cpi Housing Utilities 203.20 204 206 208 209 215 Index Points [+]
Cpi Transportation 265.30 268 271 274 276 296 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 18.00 18 18 18 16 12 percent [+]
Deposit Interest Rate 16.30 16.59 16.73 16.86 16.73 16.78 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 4127.00 4759 5093 4712 4937 4903 USD Million [+]
Exports 5430.00 4385 4372 4381 4375 4378 USD Million [+]
Imports 15112.00 15464 15564 15639 15677 15776 USD Million [+]
Current Account 3729.00 6203 5966 6389 6393 7520 USD Million [+]
Current Account to GDP 0.41 4.61 4.84 5.06 4.86 3.08 percent [+]
Crude Oil Production 3862.00 3886 3895 3905 3914 4017 BBL/D/1K [+]
Terrorism Index 3.95 3.84 3.85 3.85 3.8 3.5 [+]
Weapons Sales 9.00 29.64 31.91 34.17 31.96 16.33 USD Million [+]
Foreign Direct Investment 1261.80 1504 1030 555 523 3134 USD Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 16.36 20 20 20 16.45 21 percent [+]
Government Budget -2.58 -1.28 -1.56 -1.84 -1.76 -1.99 percent of GDP [+]
Government Budget Value -460352.90 -474209 -496660 -519112 -519112 -555311 IRR Billion [+]
Government Revenues 977963.10 944485 1022038 1099591 1128704 1536481 IRR Billion [+]
Fiscal Expenditure 1438316.00 1473727 1540304 1606882 1647689 2229440 IRR Billion [+]
Military Expenditure 9969.00 9722 9793 9863 9845 9687 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 4.10 3.41 3.32 2.54 2.44 3.45 percent [+]
Steel Production 1580.00 1543 1537 1539 1538 1538 Thousand Tonnes [+]
Ease of Doing Business 120.00 122 123 123 124 129 [+]
Corruption Index 29.00 28 29 29 29 29 Points [+]
Corruption Rank 131.00 139 139 139 142 165 [+]
Car Production 958335.00 957404 988788 1020173 1025991 1056738 Units [+]
Competitiveness Index 4.12 4.12 4.12 4.12 4.04 4.1 Points [+]
Competitiveness Rank 76.00 76 76 76 92 87 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 1464746.00 1870804 1920872 1960633 1960633 2458719 IRR Billion [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 8.00 8.26 8.51 8.76 8.95 11.05 percent [+]