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Iran

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Country data

Iran

Iran 2009 2010 2011 2012 2013 2014 2015f
Nominal GDP ($bn) 360.6 419.1 541.1 398.0 367.1 402.7* 417.3
GDP per capita ($) 4,927 5,638 7,200 5,237 4,769* 5,165 5,284
Real GDP growth (annual change, %) 2.3 6.6 3.9 -6.6 -1.9 1.5* 2.2
Government revenue (% of GDP) 23.6 24.2 19.7 15.0 14.6 13.1* 12.3
Government total expenditure (% of GDP) 22.6 21.2 19.5 15.3 15.6 15.2* 14.6
General government debt (gross, % of GDP) 11.5 13.5 9.2 11.8 11.3 11.2* 11.1
Current account balance (% of GDP) 2.6 6.5 11.0 6.6 7.5 4.2* 1.7
Inflation (%) 10.5 19.7 20.5 41.2 19.7 20.0* 20.0
Population (millions) 73.2 74.3 75.2 76.0 77* 78.0 79.0
Unemployment (%) 11.9 13.5 12.3 12.2 10.4 11.6* 12.2
Click to see full economic data (2005 - 2019 forecast)
Source: International Monetary Fund, World Economic Outlook Database, February 2015; *=Estimate

Hot topic: Nuclear negotiations with Iran

Iran_nuclear_deal_signing_2013_v2

Hopes pinned on March nuclear deal

Hopes pinned on March nuclear deal Subscription

5 January 2015 | By James Gavin

Both Barack Obama and Hassan Rouhani have huge vested interests in reaching an agreement over Iran’s nuclear programme. But others would like to see the talks fail

    Iran trends

    Iran crude output

    Oil Ministry scraps buyback contracts Subscription

    6 January 2015 | By

    International oil companies, partnering with National Iranian Oil Company, will now have more incentive to improve exploration and production under the Iran Petroleum Contract

    Since the revolution, the country's main focus has been promoting religious and domestic tourism, with the government concerned that large numbers of foreign visitors could threaten Iran's Islamic traditions

    The region’s sleeping giant Subscription

    6 January 2015 | By

    Visitor numbers are picking up and the government is working on improving Iran’s public image, but sanctions continue to hinder investment in the tourism industry

    UAE non-oil trade with Iran

    Dubai hopes for trade boost with Iran Subscription

    5 January 2015 | By

    Dubai has long been the Islamic Republic’s gateway to the global marketplace and stands to gain if and when embargoes are lifted

    Saudi oil production and brent crude price

    Riyadh in strong position ahead of Opec meeting Subscription

    18 November 2014 | By

    Saudi Arabia showing no signs of cutting oil production despite falling prices

    Mena military spending aand personnel 2013

    Gulf nations step up defence spending Subscription

    2 November 2014 | By

    The continuing conflict in Syria and the ever-present threat of domestic unrest mean the region’s governments will continue to ramp up military investment

    Defence

    Pushing back against Isis Subscription

    2 November 2014 | By

    While the US’ allies in the region have joined the coalition against Isis, each has a differing agenda on Syria. Meanwhile, Iran, the one country that could really help, is being ignored

    Qatar trade balance 2010-2013

    Doha looks to diversify exports Subscription

    24 September 2014 | By James Gavin

    Qatar’s trade surplus as a proportion of GDP is forecast to continue to decline in the coming years. The government is looking to reverse this trend with a stronger focus on non-oil exports and bilateral trade

    Promising development: Amman is now studying a proposal to issue its first Islamic bond

    Wider Middle East ripe for Islamic finance Subscription

    18 September 2014 | By Richard Nield

    Sharia-compliant banking has yet to take off across most of the Levant and North Africa. But growing support from governments could soon lead to a boom in demand

    Filter Iran analysis by sector

    MEED comment

    A general view of Iran's Bushehr nuclear power plant

    Hopes rise on reported Iran uranium deal

    6 January 2015 | By

    Tentative agreement on shipping weapons-grade material to Russia could aid upcoming nuclear talks

    US Secretary of State John Kerry said the attack missions by Iranian jets were a positive development in efforts against Isis

    Iran carries out first airstrikes against Isis, US claims Subscription

    4 December 2014 | By

    Tehran denies offensive despite news footage showing F-4 Phantom II raids in Diyala

    Significant gaps remain over what a peaceful Iranian nuclear programme would look like  

    Nuclear negotiators have work cut out Subscription

    27 November 2014 | By

    Significant gaps remain over what a peaceful Iranian nuclear programme would look like  

    Oil price erosion forms cracks between Opec members

    Oil price erosion forms cracks between Opec members Subscription

    23 October 2014 | By

    Prospect of lower prices ahead triggers call for action from group’s fragile economies

    Possible end in sight for Iran rail projects funding drought

    Possible end in sight for Iran rail funding drought Subscription

    23 October 2014 | By

    Easing of international sanctions will allow stalled projects to make progress

    Iran

    Geneva talks key to gas issue Subscription

    26 June 2014

    Whether Iran can solve the Gulf’s gas shortage depends on the outcome of the nuclear discussions scheduled to be completed on 20 July

    More MEED commentary

    Special reports

    Tehran

    Iran: Nuclear deal critical for economy

    6 January 2015

    The lifting of sanctions has become all the more urgent for the Islamic Republic in the wake of falling oil prices

    Region: Political stability a must to be able to go nuclear

    Nuclear: Backing key to plans Subscription

    7 August 2014

    The highly regulated nature and requirements of the nuclear power industry means foreign support is key to the region’s ambitions

    More Iran special reports

    Market presentations

    Top 100 projects 2012

    Top 100 projects: The Middle East market gains momentum Subscription

    3 February 2013

    This webinar examines projects market trends in the region and forecasts which countries and sectors will grow in 2013

    More MEED webinars

    Top 10 projects

    Rank Project Name Sector Contract value ($m)
    1 South Pars Gas Field Development: Phases 19, 20 and 21 Gas 9,000
    2 South Pars Gas Field Development: Phases 17 & 18: Offshore Gas 7,000
    3 West Ethylene Pipeline Gas 5,501
    4 Tehran Metro: Line 6 Transport 4,000
    4 Tehran Metro: Line 7 Transport 4,000
    6 South Pars Gas Field Development: Phases 22, 23 and 24 Gas 3,500
    7 Bandar Abbas Condensate Refinery Oil 2,500
    7 South Pars Gas Field Development: Phases 13  Offshore Gas 2,500
    7 South Pars Gas Field Development: Phases 14: Offshore Gas 2,500
    7 South Pars Gas Development: Phase 13: Onshore Gas 2,500
    7 South Pars Gas Field Development: Phases 14: Onshore Gas 2,500
    7 South Pars Gas Field Development: Phases 17 & 18: Onshore Gas 2,500
    Click through to the full data table on Iran's biggest projects in construction
    Click through to MEED's Q3 2014 Top 100 Projects report
    Source: MEED Projects; Data compiled: November 2014; All projects are in execution

    Tenders & project awards

    Iran: Butyl chloride Subscription

    1 March 2015 | By

    Supply of butyl chloride

    Iran: Zinc stearate Subscription

    1 March 2015 | By

    Supply of zinc stearate

    Iran: Zinc stearate Subscription

    1 March 2015 | By

    Supply of zinc stearate

    Iran: Postassium peroxy disulphate Subscription

    1 March 2015 | By

    Supply of postassium peroxy disulphate

    Iran: N-methyl pyrrolidone Subscription

    1 March 2015 | By

    Supply of n-methyl pyrrolidone

    Iran: Butyl chloride Subscription

    28 February 2015 | By

    Supply of butyl chloride

    Iran: Zinc stearate Subscription

    28 February 2015 | By

    Supply of zinc stearate

    Iran: Postassium peroxy disulphate Subscription

    28 February 2015 | By

    Supply of postassium peroxy disulphate

    Filter Iran tenders by sector

    Projects trends

    Gulf projects index

    UAE leads Gulf index decline Subscription

    24 February 2015

    Region’s second-biggest projects market drops by 3 per cent

    Gulf projects index

    Oman leads Gulf index growth Subscription

    17 February 2015

    UAE and Qatar only other countries to record increases in value

    Gulf projects index

    Gulf index slides on low oil prices Subscription

    9 February 2015

    Iraq and UAE only countries to record strong growth in projects markets

    More Gulf Projets Index

    Consultants

    People

    Hassan Rouhani Subscription

    22 January 2015

    Hassan Rouhani is President of Iran

    Hassan Rouhani Subscription

    7 January 2014

    Hassan Rouhani is President, Iran

    Humayun Arvmchy

    6 May 2013

    Humayun Arvmchy is manager, Ahab Construction Company

    Abadollah Abdollahi

    6 May 2013

    Abadollah Abdollahi is commander, Khatam al-Anbia Construction Base

    Mohammad Montazeri

    6 May 2013

    Mohammad Montazeri is managing director, Tehran Urban and Suburban Railway Company

    See all Iran biographies


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