Domestic Economy

The agriculture sector currently accounts for $40 billion or 8% of Iran's annual gross domestic product. According to Agriculture Minister Kazem Khavazi, some 4.3 million farmers produce a…

Close to 7.96 million tons of iron ore concentrates were produced in Iran during the first two months of the current fiscal year (March 20-May 20) to register a 2% decrease compared with the…

A domestic airline will resume flights between Tehran and Istanbul as of August 1, while Turkish Airlines, the national flag carrier airline of Turkey, has already started selling tickets for…

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 4.2% in the third Iranian month (May 21-June 20), indicating a 0.3 percentage point…

The average goods and services Consumer Price Index in the 12-month period ending June 20, which marks the end of the third Iranian month, grew by 14.5% compared with the corresponding period of…

The due date for the submission of tax returns for real entities concerning the last Iranian year (March 2019-20) has been extended to August 21, says Mohammad Masihi, the deputy head of Iranian…

The country’s Gini Index reached 0.3992 in the last fiscal year (March 2019-20) compared with the previous year’s 0.4093, the head of the Statistical Center of Iran said. 

A total of 391,280 people registered with private- and state-run employment agencies in the last Iranian year (March 2019-20), of whom 89,515 managed to land a job.  Data provided by the…

There is great deal of criticism against the World Bank’s Doing Business Report and its associated country rankings, Ali Firouzi, an official with the Ministry of Economic Affairs and Finance,…

Iran’s exhibition industry has sustained losses worth 3.1 trillion rials ($15.72 million) due to the outbreak of coronavirus, as well as cancellation or postponement of trade shows, Managing…

The average goods and services Consumer Price Index for food and beverages in the 12-month period ending June 20 increased by 27.4% compared with last year’s corresponding period. With a…

Iranian households living in urban areas spent an average of 474,379,000 rials ($2,405) in the last Iranian year (March 2019-20), 20.6% more than in the preceding year, the Statistical Center of…

More than 661,000 tons of finished and semi-finished steel products were exported from Iran during the first two months of the current Iranian year (March 20-May 20) to register a 49.23% drop…

A total of 922,000 tons of commodities were transported via railroads from Imam Khomeini Port in the southern Khuzestan Province across the country during the first three months of the current…

Iran International Exhibitions Company will once again start holding all local and international exhibitions as of July 2, according to the CEO of the company.

A total of $17 billion worth of commodities were exported from Iran’s free trade and special economic zones during the last fiscal year (March 2019-20), according to the secretary of the High…

There were 47.3 million sheep and lambs as well as 17 million goats and goat kids in Iran's livestock farms as of the Iranian month ending June 20, registering an increase of 0.1% in the number…

Registration for new applications for Bank Maskan’s Housing Saving Account mortgage initiative closed on June 8, 2020. 

A total of 5.55 million tons of direct reduced iron were produced in Iran during the first two months of the current fiscal year (March 20-May 20) to register an 11% rise compared with last year…

A new shipping line has been launched between Iran's port city of Bushehr and Kuwait. According to Khorshid Gazderazi, the head of Bushehr Chamber of Commerce, Industries, Mines and Agriculture…

The average goods and services Consumer Price Index in the 12-month period that ended on June 20 increased by 27.8% compared with the corresponding period of last year, latest data released by…

Iranian aluminum producers had an aggregate output of 65,170 tons of aluminum ingots during the first two months of the current Iranian year (March 20-May 20) to register a 58% growth compared…

Building permit fees in Tehran have increased by 30% as of June 21 compared with last year.  The decision was approved by Tehran City Council in the final month of last year (Feb. 20-March…

IranAir will launch roundtrip Tehran-Manchester flights, with the maiden flight taking place on July 4. 

A total of $1.2 billion worth of goods were exported by the Cooperatives of Iranian Border Residents during the last Iranian year (March 2019-20). According to Yaser Feyzi, the head of the…