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.


Forecast Data Chart
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Iran Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 6227 5858 4545 2101 790 1454
Exports 29064 20953 18738 16601 15000 23687
Imports 22836 15095 14193 14500 14210 22233
Current Account 4902 4545 5034 5003 5167 5082
Current Account to GDP 4.26 6.1 6.1 5.9 5.9 6.5
Crude Oil Production 3806 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 1969 1500 1500 1100 1100 1200