![]() The import volume reached 26,595,000 tons and reached 37,570 mn USD, by 5.8% in volume and 18.3% in USD value compared to the same period of last year.Įuropean and Chinese countries have had an increasing investment in Iranian markets overthe past two years, so that the amount of FDI was 8 bn USD, by various countries with China having the most share from April to November 2017. The non-oil export amounted to 88,576,000 tons, 31,640 mn USD, down by 6.9% in volume and 2.4% in USD value, from April to December 2017. The unemployment rate was 12.5% in the year ended March 2017 and the IMF predicted Iran’s unemployment rate to be 12.4%, in 2017 and reach 12.2% in 2018. In the year ended March 2017, Iran active population was approximately 25.8 mn, which 22.6 mn were employed and the remaining 3.2 mn were unemployed. The International Monetary Fund forecasts Iran’s inflation rate to be 10.529% and 10.1% in 20. The average inflation rate has reached 9.9% from April- December 2017. The International Monetary Fund (IMF) predicted that GDP growth will reach 4.2% in the year ending March 2018 and given the financial sector reforms, this trend will even increase to 4.5%, in the medium run.Ĭurrently, the increasing of production cost and aggregate demand are among the main determinants of inflation. ![]() GDP & economic growthĪccording to the Central Bank, the GDP amounted to 3,539,000 bn IRR (constant prices 2012), from April to September 2017 and the economy experienced 4.5% growth. Persians account for 61% of the population, followed by Kurds (10%), Lurs (6%), Balochs (2%) and the remaining 21% including the Azeri (16%), Arabs (2%), Turkmens and Turkic tribes (2%), as well as Armenians, Assyrians and Georgians. The Persian and Azeri people contribute the largest ethnic groups. Iran official language is Persian (Farsi) and the others include Indo-European languages and ethnicities In terms of religion, the majorities 89% of the population are Shi’a, with 10% of Sunni and the remaining 1%. The population growth has had a downward trend and reached from 2.46% during 1986 – 1991 to 1.24% in 2011- 2016. PopulationĪccording to Iran population and housing census, Iran’s total population was 79.93 mn of which 40.50 mn were men and 39.43 mn were women, also 74.1% are urban and 25.9% are rural in the year ended March 2017. The provinces are divided into counties (Shahrestān) and subdivided into districts (Bakhsh) and sub- districts (Dehestān). Iran is divided into five regions with 31 provinces (Ostān), each governed by an appointed governor (Ostāndār). ![]() The Islamic Republic of Iran is a country in the Middle East (West Asia) and is bordered on the north by Armenia, Azerbaijan, Turkmenistan, Kazakhstan and Russia, on the east by Afghanistan and Pakistan, on the south by the Persian Gulf and the Gulf of Oman, on the west by Iraq and Kuwait and on the northwest by Turkey. ![]()
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