Iran Crude Oil Production  Forecast


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Crude Oil Production in Iran is expected to be 3811.65 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Iran to stand at 3732.49 in 12 months time. In the long-term, the Iran Crude Oil Production is projected to trend around 3554.36 BBL/D/1K in 2020, according to our econometric models.


Iran Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 5059 3588 4569 4365 4837 6057
Exports 21342 19862 29403 29649 28958 29173
Imports 16283 10641 19812 21847 20334 20944
Current Account 16388 16064 15091 14086 13269 8828
Current Account to GDP 6.3 5.8 6.1 6.1 5 6.5
Crude Oil Production 3845 3812 3783 3757 3732 3554
Terrorism Index 3.95 3.86 3.82 3.79 3.75 3.9
Weapons Sales 9 9.07 12.6 16.13 19.66 18.44
Foreign Direct Investment 877 753 951 1149 1347 4207