Domestic Economy
July 21, 2023 19:47
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April 25,2023Iran annually needs 16 million cubic meters of wood, but only 5.5-6 million cubic meters are supplied by domestic production and the rest should be imported, according to the head of Iran’s Natural... -
April 25,2023Iran’s exports to Iraq exceeded $10 billion in the last Iranian year (March 2022-23), which marks a record high, registering a 15% rise compared with the year before, according to Farzad Piltan,...
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April 25,2023Iran, with the second largest natural gas reserve in the world, accounts for more than 17% of the known deposits. However, the share of our country in global gas trade is meager. At present,...
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April 25,2023The unemployment rate for Iranians of ages 18 to 35 years stood at 17.4% in the fourth quarter of last Iranian year (Dec. 22, 2022-March 20), registering a year-on-year increase of 0.8%, according...
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April 25,2023A record high of 10,000 tons of tea worth $44.2 million were exported from Iran in the last Iranian year (ended March 20, 2023), registering a 34.8% rise compared with the previous year, according...
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April 25,2023The National Iranian Copper Industries Company produced 348,969 tons of copper anode in the fiscal 2022-23 (ended March 21), unchanged compared to the year before, latest data released by the...
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April 24,2023One of the gravest challenges Iranian economic players have had to grapple with in recent years is the cost of sanctions, including oil discounts Iran gives to customers. With sanctions in place...
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April 24,2023Housing market can be the first refuge of investors and property owners in the new Iranian year (started March 21). However, directing funds from other asset markets is not synonymous with...
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April 24,2023Iran and India have historically maintained friendly and cooperative relations, and as the world moves toward a multipolar order, these two countries are poised to play a crucial role in shaping...
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April 24,2023Iran and Turkey traded $5.35 billion worth of goods in 2022 to register a 12.18% year-on-year rise, latest data released by the Turkish Statistical Institute show. Iran’s exports reached $2.91...
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April 24,2023Domestic air passenger traffic registered a rise of 14% in the last financial year (March 2022-23), as 32.04 million passengers were flown internally by Iranian airlines, new data released by Iran...
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April 24,2023Iran's Civil Aviation Organization has received a proposal from Saudi Arabia to launch three regular flights between the two countries, Iranian Roads and Urban Development Minister Mehrdad Bazrpash...
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April 23,2023Iran’s trade with BRICS member states, namely Brazil, Russia, India, China and South Africa, reached 43.28 million tons worth $34.98 billion during the first 11 months of last Iranian year (March...
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April 23,2023The employment rate in Iran stood at 36.6% (23.43 million) in the last financial year’s fourth quarter (Dec. 22, 2022-March 20), unchanged compared with the same quarter of the year before,...
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April 23,2023Heavyweight Iranian producers of minerals and mining industry products exported 48.68 million tons worth $12.23 billion in the last Iranian year that ended on March 20, 2023, to register a 3.5%...
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April 24,2023Eleven grounded airplanes have returned to service during the last 100 days after their repair and overhaul by local technicians, Jafar Yazarlu, spokesman of the Civil Aviation Organization of Iran...
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April 23,2023Containment of inflation is one of the main concerns of policymakers and economists in all societies, as it affects other economic and social variables. In Iran, curbing inflation was one of the...
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April 23,2023A total of 583,000 tons of goods worth $81 million were exported from Bushehr Province to Qatar in the last Iranian year (March 2022-23), according to Ali Soleimani, a local customs official.
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April 19,2023Recurrence in Iran’s economy emanates from the cognitive mindset of policymakers and the cyclical priorities of the establishment in its interactions with the world. In order to see what risks...
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April 19,2023Pistachio topped the list of Iran’s exports of agricultural and food products in the first 11 months of last Iranian year (March 21, 2022-Feb. 19) in terms of value with $367.35 million.
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April 19,2023The percentage of Iran’s tenant population has been on the rise since early 1990s, which increase has been especially significant and worrying in Tehran, the capital city. This percentage, which...
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April 19,2023Iran traded 96.76 million tons of goods worth $58.84 billion, excluding crude oil exports, with 15 neighboring countries sharing land or sea borders in the last Iranian year that ended on March 20...
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April 19,2023Mobarakeh Steel Company, Iran’s biggest steelmaker, produced 10.24 million tons of semi-finished products in the last Iranian year that ended on March 20, 2023, to register a 10% year-on-year rise...
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April 19,2023Underemployment, the condition in which people in a labor force are working for less than 44 hours per week, stood at 9.5% in the fourth quarter of the previous Iranian year (Dec. 22, 2022-March 20...
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April 19,2023Subsidiaries of the Iranian Mines and Mining Industries Development and Renovation Organization produced 632,166 tons of aluminum ingots in the last Iranian year (ended March 20, 2023) to register...
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