Industrial Production in Iran decreased 0.50 percent in the third quarter of 2018 over the same quarter in the previous year. Industrial Production in Iran averaged 7.94 percent from 1975 until 2018, reaching an all time high of 102.50 percent in the second quarter of 1980 and a record low of -61.20 percent in the second quarter of 1979.
Industrial Production in Iran is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Iran to stand at 4.00 in 12 months time. In the long-term, the Iran Industrial Production is projected to trend around 8.00 percent in 2020, according to our econometric models.