Iran | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 32401.00 33000 33300 33600 34000 38800 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 0.60 3.8 4.1 4.3 4.5 5.2 percent [+]
GDP 425.33 438 438 421 438 451 USD Billion [+]
GDP Constant Prices 509325.00 525684 528474 531280 534102 569222 IRR Billion [+]
Gross Fixed Capital Formation 755886.00 947066 968533 988829 1009832 1258573 IRR Billion [+]
GDP per capita 5936.54 5890 5926 5962 5998 6213 USD [+]
GDP per capita PPP 16507.00 16151 16186 16221 16256 17116 USD [+]
GDP From Agriculture 30191.00 12891 10118 8032 6436 624 IRR Billion [+]
GDP From Mining 677059.00 676165 638775 675948 638991 640234 IRR Billion [+]
GDP From Services 1558114.00 1556873 1501970 1556571 1502270 1504004 IRR Billion [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 12.70 11 11.1 10.3 10 9.5 percent [+]
Employed Persons 23031646.00 21849917 22443730 22338239 22188413 22277035 [+]
Youth Unemployment Rate 30.20 30.05 30.02 29.39 29.89 29.67 percent [+]
Population 79.70 79.91 80.18 80.45 80.72 83.49 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 9.60 8.7 8 8.5 7.9 6.5 percent [+]
Consumer Price Index CPI 254.90 254 258 260 263 279 Index Points [+]
Producer Prices 233.30 237 242 246 250 285 Index Points [+]
Food Inflation 9.80 9.82 10.19 10.29 10.31 10.34 percent [+]
Cpi Transportation 262.10 266 272 277 283 347 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 20.00 20 18 18 18 12 percent [+]
Deposit Interest Rate 16.94 14.74 14.6 14.46 14.31 13.9 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 4127.00 5231 4759 5093 4712 4903 USD Million [+]
Exports 5430.00 4367 4385 4372 4381 4378 USD Million [+]
Imports 15112.00 15482 15464 15564 15639 15776 USD Million [+]
Current Account 3729.00 5337 6203 5966 6389 7520 USD Million [+]
Current Account to GDP 0.41 4.39 4.61 4.84 5.06 3.08 percent [+]
Crude Oil Production 3920.00 3913 3928 3925 3926 3925 BBL/D/1K [+]
Weapons Sales 43.00 38.08 38.15 38.21 41.41 35.14 USD Million [+]
Terrorism Index 3.95 3.84 3.84 3.85 3.85 3.5 [+]
Foreign Direct Investment 1261.80 1979 1504 1030 555 3134 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 16.36 20 20 20 20 21 percent [+]
Government Budget -2.58 -1.68 -2.56 -3.45 -4.34 -1.37 percent of GDP [+]
Government Budget Value -460352.90 -451758 -474209 -496660 -519112 -555311 IRR Billion [+]
Government Revenues 977963.10 866932 944485 1022038 1099591 1536481 IRR Billion [+]
Fiscal Expenditure 1438316.00 1407149 1473727 1540304 1606882 2229440 IRR Billion [+]
Military Expenditure 9969.00 9722 9793 9863 9845 9687 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production 4.10 5.83 3.41 3.32 2.54 3.45 percent [+]
Steel Production 1520.00 1555 1544 1548 1547 1547 Thousand Tonnes [+]
Ease of Doing Business 120.00 126 126 126 127 132 [+]
Corruption Index 29.00 27 28 29 29 29 Points [+]
Corruption Rank 131.00 128 127 126 125 119 [+]
Car Production 958335.00 926019 957404 988788 1020173 1056738 Units [+]
Competitiveness Index 4.12 4.11 4.11 4.11 4.11 4.12 Points [+]
Competitiveness Rank 76.00 73.42 73.42 73.42 73.42 73.22 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 1464746.00 1831082 1870804 1920872 1960633 2458719 IRR Billion [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Sales Tax Rate 8.00 8 8 8 8 8 percent [+]





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. 2/28/2017