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

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -3.90 3.1 3 3 3 2
Unemployment Rate (%) 9.40 12.5 15.5 14 14 14
Inflation Rate (%) 47.60 21 6 2 2 2
Interest Rate (%) 18.00 18 18 18 18 18
Balance of Trade (USD Million) 2219.00 3100 5500 5500 5500 6500
Current Account (USD Million) 1124.00 4000 3000 3000 3000 4000
Current Account to GDP (% of GDP) -0.50 -3.5 -3.5 -3.5 -3.5 -2.5
Government Debt to GDP (% of GDP) 45.40 46.5 46 46 46 45
Government Budget (% of GDP) -9.50 -7.2 -7.2 -7.2 -7.2 -5

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -3.90 3.1 3 3 3 2
GDP (USD Billion) 191.72 415 415 415 415 420
GDP Constant Prices (IRR Billion) 1542784.00 1624920 1589068 1589068 1589068 1620849
Gross Fixed Capital Formation (IRR Billion) 224000.00 326827 230720 230720 230720 235334
GDP per capita (USD) 5943.60 6750 670 670 670 7100
GDP per capita PPP (USD) 12433.30 11400 11400 11400 11400 12140
GDP From Agriculture (IRR Billion) 16771.00 128228 17274 17274 17274 17620
GDP From Mining (IRR Billion) 452865.40 438644 466451 466451 466451 475780
GDP From Services (IRR Billion) 875367.00 867441 901628 901628 901628 919661

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 9.40 12.5 15.5 14 14 14
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 Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 47.60 21 6 2 2 2
Consumer Price Index CPI (points) 316.20 315 257 297 304 303
Producer Prices (points) 189.70 201 210 245 228 262
Food Inflation (%) 62.70 35 20 20 20 20
Producer Prices Change (Percent) 62.28 40 30 30 30 30
Inflation Rate Mom (%) 2.50 2 2 2 2 2
CPI Housing Utilities (points) 222.00 254 209 219 218 223
CPI Transportation (points) 398.60 391 382 378 407 390

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

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) 2219.00 3100 5500 5500 5500 6500
Current Account (USD Million) 1124.00 4000 3000 3000 3000 4000
Current Account to GDP (% of GDP) -0.50 -3.5 -3.5 -3.5 -3.5 -2.5
Imports (USD Million) 11963.00 14900 14500 14500 14500 15500
Exports (USD Million) 14081.00 18000 20000 20000 20000 22000
Crude Oil Production (BBL/D/1K) 2470.00 2100 2100 2100 2100 2500
Foreign Direct Investment (USD Million) 905.60 900 900 900 900 900

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 45.40 46.5 46 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) 134000.00 181456 138020 138020 138020 140780

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

Business Actual Q3 Q4 Q1 Q2 2022
Industrial Production (%) 10.90 5.5 6 6 6 6
Steel Production (Thousand Tonnes) 2500.00 2300 2500 2500 2500 2500
Car Production (Units) 863263.00 850000 850000 850000 850000 900000

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (IRR Billion) 601938.32 658078 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.