Iran Economic Growth

The Statistical Center of Iran forecasts a 7.2% decline in Iran's GDP for the current fiscal year (ending March 19), adding that economic growth is expected to stand at 0%, excluding oil…

Iran's gross domestic product in the third quarter of the current Iranian year (March 21-Dec. 21, 2019) stood at +1.2%, Governor of the Central Bank of Iran Abdolnasser Hemmati wrote in an…

The gross domestic product, excluding oil, has been positive during the first six months of [the Iranian year] 1398 [March 21-Sept. 22], the governor of the Central Bank of Iran said in his…

Iran’s economy is expected to contract further by 8.7% in 2019-20 due to external shocks to oil and gas output.  The plummeting exports comes after the expiration of US waivers to major…

Iran's industrial and mining sector experienced 18% growth in the first six months of the current Iranian year (started March 21) compared with the preceding year's corresponding period, says…

Growth has returned to Iran's non-oil sector, says Central Bank of Iran's Governor Abdolnasser Hammati.

Iran's gross domestic product shrank by 4.9% in the fiscal 2018-19 compared to the year before, the Statistical Center of Iran's latest report shows. The overall GDP figure stood at 7,130…

The 8th Conference on Monetary Policies and Banking & Production Challenges was held Monday to explore the root causes of the lingering economic challenges in Iran.  The event was…

Iran's gross domestic product saw a contraction of -3.8 during the three quarters of the last fiscal year (March 21-Dec. 21, 2018) compared to the corresponding period of the year before, the…

The World Bank has downgraded Iran's economic growth estimates and forecasts in a new report. The report entitled "Reforms and External Imbalances: The Labor-Productivity Connection in MENA (…

The Ministry of Economic Affairs and Finance’s worst-case scenario forecast for Iran's average annual consumer inflation in the current fiscal year (March 2018-19) is at 27.8% and that of…

The Institute for Trade Studies and Research, the research arm of the Ministry of Industries, Mining and Trade, has conducted a study of the industrial sector role in the economy over the span…

The performance of Iran’s real economy was weaker than expected in the first half of the current fiscal year (March 21-Sept. 22, 2018), a report by the research arm of Iranian Parliament reads.…

Latest World Bank projections show Iran's gross domestic product will continue to contract in 2019, before reversing gear in 2020. 

Iran's gross domestic product hit 3,738 trillion rials ($33.38 billion at the exchange rate of 112,000 rials per dollar) during the first half of the current fiscal year (March 21-Sept. 22) to…

The International Monetary Fund, in its latest World Economic Outlook, predicts Iran's economy will contract this year and in the following year as a result of the reimposition of US sanctions…

Iran’s GDP growth in 2017-18 dropped to 3.8%, as the effect of a large surge in oil revenues in the previous year dissipated. 

Iran's economy grew 1.7% during the first quarter of the current fiscal year (March 21-June 21) compared with last year's corresponding period, the Statistical Center of Iran said it its latest…

A sectoral review of the Central Bank of Iran's latest report on Iran's economic growth shows the oil sector had the biggest contribution to the gross domestic product during the first quarter…

Iran's gross domestic product in the first quarter of the current fiscal year (March 21-June 21) stood at 1,676.7 trillion rials ($12.59 billion at Sanarate.ir's Sunday exchange rate of 133,132…

The research arm of the Iranian Parliament expects the economy, as measured by the gross domestic product, to contract between 0.5% and 2.8% by the end of the current fiscal year (March 2018-19…

The 4.3% economic growth for Iran confirmed by the International Monetary Fund in its April report is thanks to the allocation of 190 trillion rials ($4.41 billion) in loans to the manufacturing…

Ongoing currency issues and the prospect of US reimposition of sanctions took a back seat on Tuesday at the annual Conference on Monetary and Foreign Exchange Policies in Tehran. 

Iran's economy grew 3.7% during the last fiscal year (March 2017-18), according to latest reports released by the Central Bank of Iran and the Statistical Center of Iran.

This is the…