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Economy Iran
Flag of Iran Iran
Population: 69,018,924 (July 2004 est.)
Capital: Tehran
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Tabular Data - The Iranian Economy

GDP : purchasing power parity - $478.2 billion (2003 est.)
GDP - Real Growth Rate : 6.1% (2003 est.)
GDP - Per Capita : purchasing power parity - $7,000 (2003 est.)
GDP - Composition By Sector : agriculture: 12.5%
industry: 41.2%
services: 46.2% (2003 est.)
Population Below Poverty Line : 40% (2002 est.)
Inflation Rate (Consumer Prices) : 16.4% (2003 est.)
Labor Force : 22.32 million
note: shortage of skilled labor (2003 est.)
Labor Force - By Occupation : agriculture 30%, industry 25%, services 45% (2001 est.)
Budget : revenues: $40.38 billion
expenditures: $40.29 billion, including capital expenditures of $7.6 billion (2003 est.)
Industries : petroleum, petrochemicals, textiles, cement and other construction materials, food processing (particularly sugar refining and vegetable oil production), metal fabricating, armaments
Industrial Production Growth Rate : 3% excluding oil (2003 est.)
Electricity - Production : 124.6 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 97.1%
hydro: 2.9%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 115.9 billion kWh (2001)
Agriculture - Products : wheat, rice, other grains, sugar beets, fruits, nuts, cotton; dairy products, wool; caviar
Exports : $29.88 billion f.o.b. (2003 est.)
Exports - Commodities : petroleum 80%, chemical and petrochemical products, fruits and nuts, carpets
Exports - Partners : Japan 23%, China 10.2%, Italy 6.6%, South Korea 5%, Netherlands 4% (2003 est.)
Imports : $25.26 billion f.o.b. (2003 est.)
Imports - Commodities : industrial raw materials and intermediate goods, capital goods, foodstuffs and other consumer goods, technical services, military supplies
Imports - Partners : Germany 11.5%, France 9%, China 8.8%, Italy 8.5%, Switzerland 7.1%, UAE 7.1%, Russia 4.6%, Japan 4.3% (2003 est.)
Debt - External : $10.96 billion (2003 est.)
Economic Aid - Recipient : $408 million (2002 est.)
Currency : Iranian rial (IRR)
Currency Code : IRR
Exchange Rates : rials per US dollar - 8,193.89 (2003), 6,906.96 (2002), 1,753.56 (2001), 1,764.43 (2000), 1,752.93 (1999)
note: Iran has been using a managed floating exchange rate regime since unifying multiple exchange rates in March 2002.
Fiscal Year : 21 March - 20 March

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Data Source: Central Intelligence Agency 2004 World Factbook