Iran Crude Oil Production - Forecast

Crude Oil Production in Iran is expected to be 3802.48 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 3802.95 in 12 months time. In the long-term, the Iran Crude Oil Production is projected to trend around 3802.95 BBL/D/1K in 2020, according to our econometric models.


Iran Crude Oil Production
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Iran Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 5643 5858 4545 5101 5790 4139
Exports 24800 20953 20738 19601 20000 23425
Imports 19158 15095 16193 14500 14210 19287
Current Account 3473 2746 3151 2596 3257 3106
Current Account to GDP 6.3 6.1 6.1 5.9 5.9 6.5
Crude Oil Production 3802 3802 3803 3803 3803 3803
Terrorism Index 3.71 3.63 3.56 3.52 3.48 3.11
Weapons Sales 10 14.42 12.62 11.26 9.9 8.57
Foreign Direct Investment 877 785 779 1032 1285 3191