GDP Actual Q1 Q2 Q3 Q4 2023
GDP Annual Growth Rate (%) -6.70 -3 -1 0 1 1
GDP (USD Billion) 203.47 270 270 270 270 300
GDP Constant Prices (IRR Billion) 3477000.00 1496710 3372690 3442230 3477000 1511677
Gross Fixed Capital Formation (IRR Billion) 224000.00 203012 217280 221760 224000 219453
GDP per capita (USD) 4802.05 3500 3500 3500 3500 4000
GDP per capita PPP (USD) 12433.30 12700 12700 12700 12700 12900
GDP From Agriculture (IRR Billion) 376000.00 16490 364720 372240 376000 16655
GDP From Mining (IRR Billion) 816000.00 439410 791520 807840 816000 443804
GDP From Services (IRR Billion) 1956000.00 849106 1897320 1936440 1956000 857597

Labour Actual Q1 Q2 Q3 Q4 2023
Unemployment Rate (%) 9.60 9 9 9 9 8.6
Youth Unemployment Rate (%) 22.10 25 25 25 25 25
Population (Million) 84.00 85.7 85.7 85.7 86.9 86.9

Prices Actual Q1 Q2 Q3 Q4 2023
Inflation Rate (%) 35.20 30 32 33 32 30
Consumer Price Index CPI (points) 379.20 382 388 417 500 600
Producer Prices (points) 189.70 266 266 266 266 372
Food Inflation (%) 41.80 45 40 35 30 40
Inflation Rate Mom (%) 1.70 2 2 2 2 2
CPI Housing Utilities (points) 260.90 281 278 293 293 371
CPI Transportation (points) 480.50 490 500 510 520 531

Money Actual Q1 Q2 Q3 Q4 2023
Interest Rate (%) 18.00 18 18 18 18 18

Trade Actual Q1 Q2 Q3 Q4 2023
Balance of Trade (USD Million) 4260.00 6500 5500 5500 5500 7500
Current Account (USD Million) 3534.00 3000 3000 3000 4000 4000
Current Account to GDP (% of GDP) -0.50 -3.5 -3.5 -1 -1 -1
Imports (USD Million) 13025.00 13500 14500 14500 14500 14500
Exports (USD Million) 17285.00 20000 20000 20000 22000 22000
Crude Oil Production (BBL/D/1K) 2478.00 2490 2520 2580 2600 3000
Foreign Direct Investment (USD Million) 905.60 1000 1000 1200 1200 1400

Government Actual Q1 Q2 Q3 Q4 2023
Government Debt to GDP (% of GDP) 45.40 46 46 40 45 40
Government Budget (% of GDP) -9.50 -7.2 -7.2 -5 -5 -3
Government Budget Value (IRR Billion) -937852.00 -792500 -792500 -792500 -750000 -750000
Government Revenues (IRR Billion) 1838360.00 1729759 1785168 1840576 2003698 2003698
Government Spending (RR Billion) 134000.00 153547 129980 132660 134000 131280

Taxes Actual Q1 Q2 Q3 Q4 2023
Sales Tax Rate (%) 8.00 9 9 9 9 9

Business Actual Q1 Q2 Q3 Q4 2023
Industrial Production (%) 9.10 8 9 10 12 9
Steel Production (Thousand Tonnes) 2700.00 2900 2900 2900 2900 3000
Car Production (Units) 863263.00 850000 850000 850000 900000 900000

Consumer Actual Q1 Q2 Q3 Q4 2023
Consumer Spending (IRR Billion) 1750980.99 583880 1698452 1733471 1750981 589719


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Iran Forecast - was last updated on Tuesday, January 18, 2022.