Iran | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Currency 30321.00 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 531939.00 529017 528648 528286 528780 528723 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 44855 44838 44843 44842 44842 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 25.00 24.8 23.68 25.18 23.8 25.13 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 8.90 8.5 8.2 7.8 7.8 5.5 percent [+]
Consumer Price Index CPI 234.80 238 242 245 248 266 Index Points [+]
Producer Prices 215.80 217 218 219 220 228 Index Points [+]
Food Inflation 3.50 2.56 2.18 1.86 1.74 1.65 percent [+]
Cpi Transportation 244.80 252 258 265 272 367 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 -2405.00 -3257 -2486 -1755 -1071 -7670 USD Million [+]
Exports 5430.00 11207 12092 12991 13810 4874 USD Million [+]
Imports 7835.00 12266 12694 13180 13595 8269 USD Million [+]
Current Account 3947.00 7286 7000 6502 6149 6900 USD Million [+]
Current Account to GDP 0.41 3.89 4.15 4.41 4.2 3.76 percent [+]
Crude Oil Production 3385.00 3366 3354 3342 3331 3239 BBL/D/1K [+]
Terrorism Index 4.22 4.32 4.14 3.96 3.94 3.48 [+]
Foreign Direct Investment 4488.60 3983 3921 3860 3647 1835 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 -511859 -511859 -511859 -510552 -587573 IRR Billion [+]
Government Revenues 717384.00 689272 730224 771175 784292 1020935 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 9.70 6.4 7.62 6.93 6.42 12.14 percent [+]
Steel Production 1455.00 1372 1386 1383 1383 1383 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. 5/3/2016