Iran - Economic Forecasts - 2018-2020 Outlook

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.


Overview Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 12.10 12 12 11.7 12 10.8 percent
Inflation Rate 8.30 9.6 9 8.2 8 5.9 percent
Interest Rate 18.00 16 16 16 16 12 percent
Balance of Trade 5642.00 7893 7893 7893 7893 7893 USD Million
Government Debt to GDP 32.10 38 38 38 35 30 percent
MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 42050.00
37820 37820 37820 37820 37820
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 1.00
percent
4.4 4.5 4.8 4.5 5.2
GDP 393.44
USD Billion
389 400 442 445 451
GDP Constant Prices 1662000.00
IRR Billion
1716336 1980275 1802633 1980275 1991189
Gross Fixed Capital Formation 269000.00
IRR Billion
206712 362615 283646 362615 313316
GDP per capita 5757.80
USD
5639 5291 5375 5066 5080
GDP per capita PPP 18497.68
USD
18023 18801 19580 20005 19628
GDP From Agriculture 112000.00
IRR Billion
109620 238260 117182 238260 129439
GDP From Mining 400000.00
IRR Billion
385236 461890 420541 461890 464530
GDP From Services 827000.00
IRR Billion
867564 897655 878318 897655 970190
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 12.10
percent
12 12 11.7 12 10.8
Employed Persons 23047761.00
23063030 23441022 23205009 22852365 22817631
Youth Unemployment Rate 28.40
percent
25.4 25.4 25.4 25.4 25.4
Population 80.90
Million
80.9 80.9 80.9 80.9 80.9
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 8.30
percent
9.6 9 8.2 8 5.9
Consumer Price Index CPI 114.70
Index Points
118 118 121 125 139
Producer Prices 265.50
Index Points
265 261 253 245 245
Food Inflation 7.00
percent
5.8 6.5 6.2 8 8.5
Inflation Rate Mom 1.15
percent
1.21 1.27 1.31 1.33 1.36
CPI Housing Utilities 112.90
Index Points
115 117 120 123 138
CPI Transportation 110.90
Index Points
114 115 117 122 134
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 18.00
percent
16 16 16 16 12
Deposit Interest Rate 12.80
percent
12.9 12.22 11.55 11.45 13.14
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 5642.00
USD Million
7893 7893 7893 7893 7893
Exports 24800.00
USD Million
32810 32810 32810 32810 32810
Imports 19158.00
USD Million
24918 24918 24918 24918 24918
Current Account 3473.00
USD Million
6144 6751 6563 6779 7179
Current Account to GDP 6.30
percent
6.1 6.1 6.1 5.9 6.5
Crude Oil Production 3814.00
BBL/D/1K
3837 3851 3847 3852 3851
Terrorism Index 3.71
3.7 3.63 3.56 3.57 3.96
Weapons Sales 10.00
USD Million
10 10 10 10 10
Foreign Direct Investment 876.90
USD Million
700 727 753 951 3781
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 32.10
percent
38 38 38 35 30
Government Budget -2.10
percent of GDP
-1.64 -1.73 -1.83 -1.84 -2.09
Government Budget Value -610301.10
IRR Billion
-591016 -626220 -758054 -683156 -1060043
Government Revenues 1459875.40
IRR Billion
1178579 1227900 1277222 1309251 1628046
Fiscal Expenditure 2070176.50
IRR Billion
1769595 1854121 1938646 1992407 2688089
Military Expenditure 14085.76
USD Million
11829 12052 12275 12423 12686
Government Spending 152000.00
RR Billion
150336 181830 154418 181830 170570
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production 3.70
percent
4.9 4.9 4.9 4.9 4.9
Internet Speed 4703.97
KBps
4940 4935 4823 4782 3948
IP Addresses 6878918.00
IP
6800687 6785769 6720134 6694836 6512647
Steel Production 2350.00
Thousand Tonnes
2027 2040 2043 2041 2041
Ease of Doing Business 124.00
124 124 124 124 124
Corruption Index 30.00
Points
30 30 30 30 30
Corruption Rank 130.00
130 130 130 130 130
Car Production 958335.00
Units
957404 988788 1020173 1025991 1057205
Competitiveness Index 4.27
Points
4.19 4.19 4.19 4.19 4.19
Competitiveness Rank 69.00
70 70 70 57 81
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Spending 660000.00
IRR Billion
726624 727320 745804 727320 823815
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 9.00
percent
9 9 9 9 9
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 32.77
mm
18.19 3.04 18.39 35.49 19.18
Temperature 6.54
celsius
22.54 27.38 12.56 8.11 18.04