Iran Economic Growth

The government has unveiled the Seventh Five-Year Development Plan, a roadmap enumerating economic goals and targets for the next five years (March 2023-28). 

The Iranian economy grew by 5.7% in the fourth quarter of fiscal 2021-22 at constant prices of fiscal 2016-17, data released by the Central Bank of Iran show. The GDP growth, excluding crude…

The economy grew by 4.4% in the fiscal 2020-21, said the Central Bank of Iran in a new report published on Friday. The CBI report added that GDP growth stood at 3.9%, excluding crude oil…

The Central Bank of Iran says the economy grew by 5.7% in the third quarter of the fiscal 2021-22 (ended Dec. 21, 2021). According to the bank, the “oil industry” saw 5.4% growth, “industries…

The Statistical Center of Iran’s newly released data show the economy grew by 5.1% in Q1-3 of the current fiscal year (March 21-Dec. 21, 2021) compared with the preceding year’s corresponding…

The Statistical Center of Iran says GDP grew by 4.2% in the second quarter of the current fiscal year (June 22-Sept. 22). Without taking oil production into account, Q2 growth stood at 3.3%,…

New data released by the Statistical Center of Iran show the economy grew by 5.9% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period…

The Iranian economy grew 6.2% in the first quarter of the current fiscal year (started March 21) compared with the similar period of the previous year, says the Central Bank of Iran.

The Iranian economy expanded in the last fiscal year (March 2020-21), latest data released by the Central Bank of Iran and the Statistical Center of Iran showed, though CBI reports GDP growth to…

Preliminary estimates by the Central Bank of Iran show Iran’s gross domestic product in the first nine months of the current Iranian year (started March 20, 2020), using constant prices of the…

Iran’s economy grew by 0.8% during the third quarter of the current fiscal year (Sept. 22-Dec. 20, 2020), the Statistical Center of Iran’s latest report shows. Growth, excluding oil sector, was…

Growth in key monetary variables, including money supply and the monetary base, lost momentum in the calendar month to Dec. 20, the Central Bank of Iran said. Outlining trends in major…

The “industries and mines” group registered the highest economic growth (based on the prices of the year ending March 2012) in the first half of the current fiscal year (March 20-Sept. 21) of 5.…

Iran’s economic growth (using 2011 as the base year) turned from negative to positive in the first half of the current fiscal year (March 20-Sept. 21), the governor of the Central Bank of Iran,…

Iran’s gross domestic product contracted by 1.9% during the first half of the current fiscal year (March 20-Sept. 21) compared with the corresponding period of last year, the Statistical Center…

Road fatalities and injuries in Iran are estimated to cause economic losses constituting 4% of the country’s gross domestic product, the managing director of Road Safety Supporters Society,…

The International Monetary Fund expects Iran's economy to return to growth in 2021. In its latest World Economic Outlook report, the IMF forecasts 3.2% growth for Iran's GDP next year. …

Tehran Province accounted for 22.1% or more than one-fifth of Iran’s gross domestic product in the fiscal 2019-20.  The value of Tehran’s output stood at 7,400 trillion rials ($27.1…

Iran's gross domestic product contracted by 2.8% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, Governor of the Central…

Iran’s gross domestic product saw a contraction of 3.5% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, the Statistical…

The underground economy and tax evasion in Iran have been estimated to average 37.7% and 3.5% of gross domestic product respectively in the fiscal 2017-8, an analytical research published by the…

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…

The Iranian economy experienced a 7% contraction in the fiscal 2019-20, the Statistical Center of Iran said in its latest report. According to the report, the GDP shrank by -0.6% without taking…

The World Bank expects Iran's economy to bounce back to growth in 2021 with 2.1% in GDP expansion after having experienced an estimated 5.3% contraction this year. In its June edition of Global…

The International Monetary Fund predicts Iran's economy to bounce back to growth in 2021. In its latest World Economic Outlook report entitled "Chapter 1: The Great Lockdown", IMF expects the…