Iran | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Currency 30449.00 30899 31202 31505 31808 18176 [+]
GDP Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
GDP Annual Growth Rate 0.60 3.3 3.5 3.5 3.5 5.21 percent [+]
GDP 425.33 431 431 431 438 451 USD Billion [+]
GDP Constant Prices 509325.00 506569 507973 509484 511091 541751 IRR Billion [+]
Gross Fixed Capital Formation 755886.00 757354 757266 757294 757285 769479 IRR Billion [+]
GDP per capita 2949.29 2976 2993 3010 3013 2990 USD [+]
GDP per capita PPP 15572.83 15605 15556 15508 15506 15497 USD [+]
GDP From Agriculture 30191.00 29018 21796 16639 12891 624 IRR Billion [+]
GDP From Mining 677059.00 638336 676385 638557 676165 640234 IRR Billion [+]
GDP From Services 1558114.00 1501359 1557178 1501666 1556873 1504004 IRR Billion [+]
LABOUR Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Unemployment Rate 11.80 10.3 10.4 10 11.2 9.6 percent [+]
Employed Persons 21576137.00 21833322 22138898 21990530 21735475 21911234 [+]
Youth Unemployment Rate 25.40 25.71 25.94 26.15 25.43 25.73 percent [+]
Population 78.80 79.22 79.37 79.52 79.7 81.84 Million [+]
PRICES Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Inflation Rate 8.30 8.5 8.2 7.8 7.8 5.5 percent [+]
Consumer Price Index CPI 235.90 238 240 243 245 260 Index Points [+]
Producer Prices 216.30 217 218 219 220 230 Index Points [+]
Food Inflation 2.00 1.31 0.47 -0.06 -0.21 -0.37 percent [+]
Cpi Transportation 245.10 249 255 261 266 346 Index Points [+]
MONEY Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Interest Rate 21.00 22 22 22 22 14 percent [+]
Deposit Interest Rate 16.94 14.6 14.46 14.31 14.29 13.9 percent [+]
TRADE Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Balance of Trade 4258.00 3875 4257 3853 4028 3984 USD Million [+]
Exports 5430.00 11207 12092 12991 13810 4874 USD Million [+]
Imports 12510.00 12133 12038 11952 11888 11718 USD Million [+]
Current Account 3817.00 1584 1627 1675 1697 1231 USD Million [+]
Current Account to GDP 0.41 3.89 4.15 4.41 4.2 3.76 percent [+]
Crude Oil Production 3400.00 3386 3388 3388 3388 3388 BBL/D/1K [+]
Weapons Sales 43.00 38.08 38.15 38.21 41.41 35.14 USD Million [+]
Terrorism Index 4.22 4.32 4.14 3.96 3.94 3.48 [+]
Foreign Direct Investment 4152.60 3947 3778 3609 3447 3570 USD Million [+]
GOVERNMENT Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Government Debt to GDP 16.36 15.77 16.27 16.78 16.51 15.06 percent [+]
Government Budget -2.58 -1.46 -1.93 -2.41 -2.19 -1.57 percent of GDP [+]
Government Budget Value -460352.90 -474209 -496660 -519112 -527221 -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 [+]
BUSINESS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Industrial Production -2.30 6.4 -1.2 -3.53 -1.82 3.66 percent [+]
Steel Production 1509.00 1431 1419 1425 1424 1424 Thousand Tonnes [+]
Ease of Doing Business 118.00 129 129 129 130 136 [+]
Corruption Index 27.00 26 26 25 25 25 Points [+]
Corruption Rank 130.00 129 128 127 126 116 [+]
Car Production 958335.00 957404 988788 1020173 1025991 1056738 Units [+]
Competitiveness Index 4.09 4.08 4.08 4.08 4.11 4.12 Points [+]
Competitiveness Rank 74.00 77 77 77 73 72 [+]
CONSUMER Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Consumer Spending 1464746.00 1643183 1686809 1701718 1740448 2120154 IRR Billion [+]
TAXES Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Sales Tax Rate 7.00 6.28 6.5 6.71 6.65 5.93 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. 5/29/2016