Iran | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Currency 30065.00 31100 31400 31700 31700 36600 [+]
GDP Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Annual Growth Rate 0.60 3.5 3.8 4.1 4.6 5.2 percent [+]
GDP 425.33 431 431 438 438 451 USD Billion [+]
GDP Constant Prices 509325.00 508000 509000 511000 513000 542000 IRR Billion [+]
Gross Fixed Capital Formation 755886.00 905000 928000 947000 969000 1260000 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 21800 16600 12900 10100 624 IRR Billion [+]
GDP From Mining 677059.00 676385 638557 676165 638775 640234 IRR Billion [+]
GDP From Services 1558114.00 1560000 1500000 1560000 1500000 1500000 IRR Billion [+]
LABOUR Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Unemployment Rate 11.80 10.5 10.3 11.2 10.3 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 7.30 7.2 7 6.8 6.5 5.5 percent [+]
Consumer Price Index CPI 240.90 247 253 258 262 295 Index Points [+]
Producer Prices 217.60 220 222 224 225 238 Index Points [+]
Food Inflation 2.70 2.19 2.18 2.23 2.25 2.24 percent [+]
Cpi Transportation 250.20 257 263 269 276 359 Index Points [+]
MONEY Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Interest Rate 20.00 20 20 20 20 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 4260 3850 4030 3960 3980 USD Million [+]
Exports 5430.00 3930 3760 3600 3480 2730 USD Million [+]
Imports 12510.00 12000 12000 11900 11800 11700 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 3610.00 3562 3573 3571 3571 3571 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 -2.30 -1.2 -3.53 -1.82 3.5 3.66 percent [+]
Steel Production 1590.00 1559 1573 1571 1570 1570 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. 7/28/2016