Markets Actual Q3 Q4 Q1 Q2 2021
Currency 42000.00 42000 42000 42000 42000 42000

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) -10.10 -7 -5 2.5 8.5 3.5
Unemployment Rate (%) 10.40 14 14.5 15 15.5 16.5
Inflation Rate (%) 26.90 30 32 32 35 25
Interest Rate (%) 18.00 18 18 18 18 18
Balance of Trade (USD Million) 12983.00 2150 2000 2500 3100 5500
Current Account (USD Million) 11061.00 2500 2000 3500 4000 3000
Current Account to GDP (%) -0.10 -4.5 -4.5 -3.5 -3.5 -3.5
Government Debt to GDP (%) 44.20 48.5 48.5 46.5 46.5 46
Government Budget (% of GDP) -4.40 -9.5 -9.5 -7.2 -7.2 -7.2

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) -10.10 -7 -5 2.5 8.5 3.5
GDP (USD Billion) 445.35 410 410 415 415 415
GDP Constant Prices (IRR Billion) 1433096.95 1559610 1593150 1718925 1819545 1648910
Gross Fixed Capital Formation (IRR Billion) 306000.00 183210 187150 201925 213745 193700
GDP per capita (USD) 6948.70 6500 6500 6750 6750 670
GDP per capita PPP (USD) 14535.90 10500 10500 11400 11400 11400
GDP From Agriculture (IRR Billion) 16224.32 95790 97850 105575 111755 101275
GDP From Mining (IRR Billion) 411950.31 344100 351500 379250 401450 363803
GDP From Services (IRR Billion) 877436.23 784920 801800 865100 915740 829863

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 10.40 14 14.5 15 15.5 16.5
Youth Unemployment Rate (%) 26.10 25.5 25.5 25 25 25
Population (Million) 82.10 84.5 84.5 85.7 85.7 85.7

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 26.90 30 32 32 35 25
Consumer Price Index CPI (points) 227.90 236 256 265 289 320
Producer Prices (points) 175.20 237 228 228 228 262
Food Inflation (%) 20.90 45 45 45 45 50
Inflation Rate Mom (%) 6.40 1.5 2 2 2 2
Producer Prices Change (Percent) 52.88 35 30 30 30 15
CPI Housing Utilities (points) 184.60 201 216 220 233 271
CPI Transportation (points) 283.50 232 288 318 358 360

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 18.00 18 18 18 18 18

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) 12983.00 2150 2000 2500 3100 5500
Current Account (USD Million) 11061.00 2500 2000 3500 4000 3000
Current Account to GDP (%) -0.10 -4.5 -4.5 -3.5 -3.5 -3.5
Imports (USD Million) 16353.00 13750 14000 14500 14900 14500
Exports (USD Million) 29336.00 15900 16000 17000 18000 20000
Crude Oil Production (BBL/D/1K) 1936.00 2450 2650 2550 2550 3100
Foreign Direct Investment (USD Million) 2430.20 900 900 900 900 1000

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 44.20 48.5 48.5 46.5 46.5 46
Government Budget (% of GDP) -4.40 -9.5 -9.5 -7.2 -7.2 -7.2
Government Budget Value (IRR Billion) -778100.00 -825616 -825616 -825616 -825616 -888741
Government Spending (RR Billion) 206000.00 191580 195700 211150 223510 202550

Taxes Actual Q3 Q4 Q1 Q2 2021
Sales Tax Rate (%) 8.00 8 8 8 8 8

Business Actual Q3 Q4 Q1 Q2 2021
Industrial Production (%) -17.10 4 4.5 4.5 4.5 8
Steel Production (Thousand Tonnes) 2424.60 1800 1800 1800 1800 1800
Car Production (Units) 955923.00 800000 800000 800000 800000 800000

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (IRR Billion) 585543.11 656580 670700 723650 766010 694175


This page has 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.