Iran | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 32150.00 32361 32682 33002 33323 38449 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 0.60 3.5 3.8 4.1 4.3 5.2 percent [+]
GDP 425.33 431 438 438 393 451 USD Billion [+]
GDP Constant Prices 509325.00 522910 525684 528474 531280 569222 IRR Billion [+]
Gross Fixed Capital Formation 755886.00 927538 947066 968533 988829 1258573 IRR Billion [+]
GDP per capita 5936.54 5998 6001 6005 6008 6213 USD [+]
GDP per capita PPP 16507.00 16256 16296 16336 16376 17116 USD [+]
GDP From Agriculture 30191.00 16639 12891 10118 8032 624 IRR Billion [+]
GDP From Mining 677059.00 638557 676165 638775 675948 640234 IRR Billion [+]
GDP From Services 1558114.00 1501666 1556873 1501970 1556571 1504004 IRR Billion [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 12.20 10.3 11 11.1 10.3 9.5 percent [+]
Employed Persons 22604718.00 22092896 21849917 22443730 22338239 22277035 [+]
Youth Unemployment Rate 26.10 25.66 25.24 25.82 25.38 25.41 percent [+]
Population 78.80 79.6 79.84 80.08 80.32 83.05 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 9.30 9.3 8.7 8 8.5 6.5 percent [+]
Consumer Price Index CPI 248.00 251 254 258 260 279 Index Points [+]
Producer Prices 223.30 227 229 232 234 256 Index Points [+]
Food Inflation 9.50 11.66 12.08 12.41 12.58 12.73 percent [+]
Cpi Transportation 258.80 263 270 276 282 361 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 20.00 20 20 18 18 12 percent [+]
Deposit Interest Rate 16.94 14.31 14.29 14.27 14.25 13.9 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade 4258.00 3853 4028 3963 3951 3984 USD Million [+]
Exports 5430.00 4394 4367 4385 4372 4378 USD Million [+]
Imports 12510.00 11952 11888 11843 11810 11718 USD Million [+]
Current Account -937.00 3510 3300 3161 3076 2344 USD Million [+]
Current Account to GDP 0.41 5.06 4.86 4.65 4.45 3.08 percent [+]
Crude Oil Production 3920.00 3876 3859 3873 3881 4002 BBL/D/1K [+]
Weapons Sales 43.00 38.08 38.15 38.21 41.41 35.14 USD Million [+]
Terrorism Index 3.95 3.85 3.8 3.75 3.7 3.5 [+]
Foreign Direct Investment 4152.60 3609 3447 3286 3124 3570 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 16.36 18 20 20 20 21 percent [+]
Government Budget -2.58 -4.34 -3.29 -2.25 -1.2 -1.37 percent of GDP [+]
Government Budget Value -460352.90 -519112 -527221 -535331 -543441 -555311 IRR Billion [+]
Government Revenues 977963.10 1099591 1128704 1157816 1186929 1536481 IRR Billion [+]
Fiscal Expenditure 1438316.00 1606882 1647689 1688497 1729304 2229440 IRR Billion [+]
Military Expenditure 9969.00 9722 9793 9863 9845 9687 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production -2.90 -2.57 0.01 4.61 7.5 4.69 percent [+]
Steel Production 1640.00 1552 1556 1554 1554 1554 Thousand Tonnes [+]
Ease of Doing Business 120.00 125 126 126 127 132 [+]
Corruption Index 27.00 26.5 26.39 26.28 26.18 25.98 Points [+]
Corruption Rank 130.00 125 124 124 123 119 [+]
Car Production 958335.00 1020173 1025991 1031809 1037626 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 Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 1464746.00 1779611 1831082 1870804 1920872 2458719 IRR Billion [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/9/2016