Markets Actual Q4 Q1 Q2 Q3 2022
Currency 42000.00 42000 42000 42000 42000 42000

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -6.70 3 3 3 2 2
Unemployment Rate (%) 9.40 9.5 9 9 9 9
Inflation Rate (%) 43.70 21 27 27 27 27
Interest Rate (%) 18.00 18 18 18 18 18
Balance of Trade (USD Million) 2219.00 5000 5000 5500 5500 6500
Current Account (USD Million) 1124.00 3000 3000 3000 3000 4000
Current Account to GDP (% of GDP) -0.50 -3.5 -3.5 -3.5 -1 -1
Government Debt to GDP (% of GDP) 45.40 46 46 46 40 45
Government Budget (% of GDP) -9.50 -7.2 -7.2 -7.2 -5 -5

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -6.70 3 3 3 2 2
GDP (USD Billion) 191.72 415 415 415 415 420
GDP Constant Prices (IRR Billion) 1542784.00 1728179 1589068 1589068 1589068 1620849
Gross Fixed Capital Formation (IRR Billion) 224000.00 203012 230720 230720 230720 235334
GDP per capita (USD) 5943.60 670 670 670 7700 7100
GDP per capita PPP (USD) 12433.30 11400 11400 11400 12400 12140
GDP From Agriculture (IRR Billion) 17000.00 17510 17510 17510 17340 17860
GDP From Mining (IRR Billion) 453000.00 466590 466590 466590 462060 475922
GDP From Services (IRR Billion) 875367.00 869758 901628 901628 901628 919661

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 9.40 9.5 9 9 9 9
Youth Unemployment Rate (%) 23.70 25 25 25 25 25
Population (Million) 84.00 85.7 85.7 85.7 85.7 86.9

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 43.70 21 27 27 27 27
Consumer Price Index CPI (points) 351.10 340 379 402 446 431
Producer Prices (points) 189.70 266 247 247 247 321
Food Inflation (%) 59.50 20 20 20 20 20
Producer Prices Change (Percent) 62.28 30 30 30 30 30
Inflation Rate Mom (%) 3.90 2 2 2 2 2
CPI Housing Utilities (points) 220.30 250 272 282 280 318
CPI Transportation (points) 394.50 402 410 419 427 436

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 18.00 18 18 18 18 18

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) 2219.00 5000 5000 5500 5500 6500
Current Account (USD Million) 1124.00 3000 3000 3000 3000 4000
Current Account to GDP (% of GDP) -0.50 -3.5 -3.5 -3.5 -1 -1
Imports (USD Million) 11963.00 14500 14500 14500 14500 15500
Exports (USD Million) 14081.00 20000 20000 20000 20000 22000
Crude Oil Production (BBL/D/1K) 2503.00 2100 2100 2100 2100 2500
Foreign Direct Investment (USD Million) 905.60 900 900 900 900 900

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 45.40 46 46 46 40 45
Government Budget (% of GDP) -9.50 -7.2 -7.2 -7.2 -5 -5
Government Budget Value (IRR Billion) -937852.00 -792500 -792500 -792500 -792500 -750000
Government Spending (RR Billion) 134000.00 153547 138020 138020 138020 140780

Taxes Actual Q4 Q1 Q2 Q3 2022
Sales Tax Rate (%) 8.00 9 9 9 9 9

Business Actual Q4 Q1 Q2 Q3 2022
Industrial Production (%) 10.90 6 6 6 6 6
Steel Production (Thousand Tonnes) 2500.00 2500 2500 2500 2500 2500
Car Production (Units) 863263.00 850000 850000 850000 850000 900000

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Spending (IRR Billion) 601938.32 727546 619996 619996 619996 632396


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.