Iran | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Currency 30700.00 31100 31400 31700 30686 36600 [+]
GDP Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Annual Growth Rate 0.60 3.5 3.5 3.5 1.21 5.21 percent [+]
GDP 425.33 431 431 438 395 451 USD Billion [+]
GDP Constant Prices 509325.00 507973 509484 511091 512782 541751 IRR Billion [+]
Gross Fixed Capital Formation 755886.00 904799 927538 947066 968533 1258573 IRR Billion [+]
GDP per capita 2949.29 3029 3050 3071 3092 3175 USD [+]
GDP per capita PPP 15572.83 15726 15758 15795 15831 16547 USD [+]
GDP From Agriculture 30191.00 21796 16639 12891 10118 624 IRR Billion [+]
GDP From Mining 677059.00 676385 638557 676165 638775 640234 IRR Billion [+]
GDP From Services 1558114.00 1557178 1501666 1556873 1501970 1504004 IRR Billion [+]
LABOUR Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Unemployment Rate 11.80 10.4 10 11.2 11.23 9.6 percent [+]
Employed Persons 21576137.00 22138898 21990530 21735475 21821025 21911234 [+]
Youth Unemployment Rate 25.40 25.94 26.15 25.43 26.39 25.73 percent [+]
Population 78.80 79.42 79.6 79.84 80.08 83.05 Million [+]
PRICES Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Inflation Rate 7.40 7.2 7 7.3 6.24 5.5 percent [+]
Consumer Price Index CPI 238.10 244 249 252 256 279 Index Points [+]
Producer Prices 217.60 220 222 224 225 238 Index Points [+]
Food Inflation 1.80 0.19 -0.36 -0.53 -0.63 -0.7 percent [+]
Cpi Transportation 248.40 257 264 270 277 363 Index Points [+]
MONEY Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Interest Rate 21.00 22 22 22 22.18 14 percent [+]
Deposit Interest Rate 16.94 14.46 14.31 14.29 14.27 13.9 percent [+]
TRADE Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Balance of Trade 4258.00 4257 3853 4028 3963 3984 USD Million [+]
Exports 5430.00 3928 3757 3605 3475 2728 USD Million [+]
Imports 12510.00 12038 11952 11888 11843 11718 USD Million [+]
Current Account 3817.00 1627 1675 1697 1688 1231 USD Million [+]
Current Account to GDP 0.41 4.84 5.06 4.86 4.65 3.08 percent [+]
Crude Oil Production 3600.00 3540 3551 3549 3549 3549 BBL/D/1K [+]
Weapons Sales 43.00 38.08 38.15 38.21 41.41 35.14 USD Million [+]
Terrorism Index 4.22 4.22 4.22 4.22 4.22 4.22 [+]
Foreign Direct Investment 4152.60 3778 3609 3447 3286 3570 USD Million [+]
GOVERNMENT Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Government Debt to GDP 16.36 16.02 16.48 16.45 16.41 16.33 percent [+]
Government Budget -2.58 -3.45 -4.34 -3.29 -2.25 -1.37 percent of GDP [+]
Government Budget Value -460352.90 -496660 -519112 -527221 -535331 -555311 IRR Billion [+]
Government Revenues 977963.10 1022038 1099591 1128704 1157816 1536481 IRR Billion [+]
Fiscal Expenditure 1438316.00 1540304 1606882 1647689 1688497 2229440 IRR Billion [+]
Military Expenditure 9969.00 9722 9793 9863 9845 9687 USD Million [+]
BUSINESS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Industrial Production -2.30 -1.2 -3.53 -1.82 3.5 3.66 percent [+]
Steel Production 1645.00 1552 1567 1564 1563 1563 Thousand Tonnes [+]
Ease of Doing Business 118.00 129 129 130 131 135 [+]
Corruption Index 27.00 26.68 26.5 26.39 26.28 25.98 Points [+]
Corruption Rank 130.00 126 125 124 124 119 [+]
Car Production 958335.00 988788 1020173 1025991 1031809 1056738 Units [+]
Competitiveness Index 4.09 4.08 4.08 4.1 4.11 4.12 Points [+]
Competitiveness Rank 74.00 76.53 76.53 73.92 73.05 72.49 [+]
CONSUMER Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Consumer Spending 1464746.00 1742684 1779611 1831082 1870804 2458719 IRR Billion [+]
TAXES Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Sales Tax Rate 7.00 7 7 7 7 7 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. 7/1/2016