Iran | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Currency 30069.00 30353 30653 30954 31254 36062 [+]
GDP Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Annual Growth Rate 0.60 2.8 3.5 3.8 4.1 5.2 percent [+]
GDP 425.33 431 431 438 438 451 USD Billion [+]
GDP Constant Prices 509325.00 520153 522910 525684 528474 569222 IRR Billion [+]
Gross Fixed Capital Formation 755886.00 904799 927538 947066 968533 1258573 IRR Billion [+]
GDP per capita 5936.54 5962 5998 6001 6005 6213 USD [+]
GDP per capita PPP 16507.00 16221 16256 16296 16336 17116 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 10.5 10.3 11 11.1 9.5 percent [+]
Employed Persons 21576137.00 22138898 21990530 21735475 21821025 21911234 [+]
Youth Unemployment Rate 26.10 25.49 25.66 25.24 25.82 25.41 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 8.10 8.3 8.4 8.1 7.5 5.5 percent [+]
Consumer Price Index CPI 242.80 247 252 257 261 292 Index Points [+]
Producer Prices 221.70 223 225 228 230 250 Index Points [+]
Food Inflation 5.30 5.42 6.54 7.12 7.22 7.36 percent [+]
Cpi Transportation 252.50 257 264 270 277 364 Index Points [+]
MONEY Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Interest Rate 20.00 20 20 2 18 12 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 -937.00 3777 3510 3300 3161 2344 USD Million [+]
Current Account to GDP 0.41 4.84 5.06 4.86 4.65 3.08 percent [+]
Crude Oil Production 3630.00 3619 3595 3577 3559 3381 BBL/D/1K [+]
Weapons Sales 43.00 38.08 38.15 38.21 41.41 35.14 USD Million [+]
Terrorism Index 4.22 4.14 3.96 3.94 3.92 3.48 [+]
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 -2.90 -0.23 -2.57 0.01 4.61 4.69 percent [+]
Steel Production 1350.00 1367 1429 1419 1418 1419 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. 9/24/2016