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

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -2.80 4.5 3.1 3 3 2
Unemployment Rate (%) 9.50 15.5 15.5 15.5 14 14
Inflation Rate (%) 49.50 38 21 6 2 2
Interest Rate (%) 18.00 18 18 18 18 18
Balance of Trade (USD Million) -632.00 2000 2500 5000 5000 5500
Current Account (USD Million) -1206.00 4000 4000 3000 3000 4000
Current Account to GDP (%) -0.50 -3.5 -3.5 -3.5 -3.5 -2.5
Government Debt to GDP (%) 45.40 46.5 46.5 46 46 45
Government Budget (% of GDP) -9.50 -7.2 -7.2 -7.2 -7.2 -5

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -2.80 4.5 3.1 3 3 2
GDP (USD Billion) 445.35 415 415 415 415 420
GDP Constant Prices (IRR Billion) 1770973.00 1332780 1454593 1728179 1728179 1372764
Gross Fixed Capital Formation (IRR Billion) 185885.00 284580 310590 203012 203012 293117
GDP per capita (USD) 5922.50 6750 6750 670 670 7100
GDP per capita PPP (USD) 12389.20 11400 11400 11400 11400 12140
GDP From Agriculture (IRR Billion) 255485.00 15089 16468 106143 106143 15541
GDP From Mining (IRR Billion) 476815.00 383114 418130 381292 381292 394607
GDP From Services (IRR Billion) 882640.00 816016 890598 869758 869758 840496

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 9.50 15.5 15.5 15.5 14 14
Youth Unemployment Rate (%) 23.10 25 25 25 25 25
Population (Million) 84.00 85.7 85.7 85.7 85.7 86.9

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 49.50 38 21 6 2 2
Consumer Price Index CPI (points) 306.10 296 296 297 304 303
Producer Prices (points) 189.70 201 210 245 228 262
Food Inflation (%) 63.50 30 35 20 20 20
CPI Housing Utilities (points) 216.90 238 236 219 218 223
CPI Transportation (points) 379.70 366 391 382 378 390
Producer Prices Change (Percent) 62.28 40 40 30 30 30
Inflation Rate Mom (%) 2.70 2 2 2 2 2

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

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -632.00 2000 2500 5000 5000 5500
Current Account (USD Million) -1206.00 4000 4000 3000 3000 4000
Current Account to GDP (%) -0.50 -3.5 -3.5 -3.5 -3.5 -2.5
Imports (USD Million) 11824.00 14900 14900 14500 14500 15500
Exports (USD Million) 11192.00 18000 18000 20000 20000 22000
Crude Oil Production (BBL/D/1K) 2304.00 2000 2100 2100 2100 2500
Foreign Direct Investment (USD Million) 905.60 900 900 900 900 900

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 45.40 46.5 46.5 46 46 45
Government Budget (% of GDP) -9.50 -7.2 -7.2 -7.2 -7.2 -5
Government Budget Value (IRR Billion) -937852.00 -792500 -792500 -792500 -792500 -750000
Government Spending (RR Billion) 176000.00 191580 209090 153547 153547 197327

Taxes Actual Q2 Q3 Q4 Q1 2022
Sales Tax Rate (%) 8.00 9 8 9 9 9

Business Actual Q2 Q3 Q4 Q1 2022
Industrial Production (%) 1.50 6.5 5.5 6 6 6
Car Production (Units) 863263.00 850000 850000 850000 850000 900000
Steel Production (Thousand Tonnes) 2600.00 2100 2300 2500 2500 2500

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (IRR Billion) 628000.00 544555 594326 727546 727546 560892


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.