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ECON FACTBOOK

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Economy of Iran

Population: 77 million in 20131

GDP: $369 billion in 20132

GDP per capita: $4,763 nominal3 ($15,586 PPP4) in 2013

GDP growth rate: -5.8% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ billions) 2012Percent of total
Other activities15830.2%
Mining and utilities12624.0%
Wholesale, retail trade, restaurants and hotels5911.3%
Manufacturing5410.3%
Transport, storage and communication509.5%
Agriculture, hunting, forestry, fishing489.2%
Construction295.5%
Total value added524100%

Employment

Unemployment rate: 13.2% in 20137

Employment by Industry 20128

Employment sectorPercent of total
Services49%
Industry34%
Agriculture17%
Total employment100%

Corporations

Top 1 Corporations by Revenue 20139

RankCorporationRevenue ($ billions) 2013Profit ($ billions) 2013Assets ($ billions) 12/31/13Industry
1National Iranian Oil CompanyN/AN/AN/AOil and gas

Households

Household Wealth: $224 billion in 2014 (61% of GDP)10

Household Wealth per Adult: $4,162 in 201410

Gini Coefficient: .445 in 200611

Government

Central Government

Central Government Revenue: $47 billion (13% of GDP) in 201312

Central Government Expenditure: $66 billion (18% of GDP) in 201312

Central Government Budget Balance: -$19 billion (-5% of GDP) in 201312

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

National Development: $59 billion (16% of GDP) in 201113

Tax Structure

Individual Income Tax Rates and Thresholds in 2015* 14

Corporate Tax Rate: 25% in 201515

* Individual thresholds calculated using the exchange rate 27,419 IRR = 1 USD

Monetary Policy

Money Supply (M0): $41 billion (11% of GDP) in 2014* 16

Benchmark Interest Rate: 14.15% in 201417

Total Reserves: $68 billion (18% of GDP) in 201318

Exchange Rate: 27,419 Iranian Rials = 1 U.S. Dollar on Jan 25, 201519

Inflation: 39.3% in 201320

* Money supply calculated using the exchange rate 27,419 IRR = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201321

N/A (data not available at Relbanks.com)

International Accounts

Exports: $61 billion in 2013 (16% of GDP)22

Imports: $64 billion in 2013 (17% of GDP)22

Trade Balance: +3 billion (-1% of GDP)22

Foreign Direct Investment Inflow: $3 billion in 201323

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $149 million in 2012 (0.04% of GDP)24

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA Factbook (Labor force by occupation) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA Factbook (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: ESADE Sovereign Wealth Funds (Government Funds) Go back
14. Source: Iranian Ministry of Economic Affairs and Finance, Taxes in Iran (Individual tax rates) Go back
15. Source: Iranian Ministry of Economic Affairs and Finance, Taxes in Iran (Corporate tax rate) Go back
16. Source: Central Bank of Iran, Economic Trends, Q2 1393 (Money supply) Go back
17. Source: Central Bank of Iran, Economic Trends, Q2 1393 (Benchmark interest rate) Go back
18. Source: CIA Factbook (Total reserves) Go back
19. Source: Yahoo Finance (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back