Figure 2 is also useful in showing the heavy dependence of Iran’s economy on oil exports. The economy grew fast under both the shah and the Islamic Republic when oil revenues were high, and Simple oil and gas extraction only accounted for approximately 1.8 percent of GDP according to data from the BEA, but supporting that extraction makes the overall industry a much bigger factor GDP: Iran’s GDP shrank by nine percent between March 2012 and March 2014. It is 15-20 percent smaller than it would have been without the latest round of sanctions, if it had stayed on its pre-2012 growth trajectory. Oil: U.S. and E.U. sanctions have cost Iran more than $160 billion in oil revenues since 2012.

The economy of Iran is a mixed and transition economy with a large public sector. It is the world's eighteenth largest by purchasing power parity (PPP). Some 60% of Iran's economy is centrally planned. It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange, one of the best performing exchanges in the world over the past decade. Learn more about the Iran economy, including the population of Iran, GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of Economic Freedom published Iran is the 46th largest export economy in the world and the 66th most complex economy according to the Economic Complexity Index (ECI). In 2017, Iran exported $53.7B and imported $49.9B, resulting in a positive trade balance of $3.84B. In 2017 the GDP of Iran was $454B and its GDP per capita was $20.8k. Iran's economy is marked by statist policies, inefficiencies, and reliance on oil and gas exports, but Iran also possesses significant agricultural, industrial, and service sectors. The Iranian government directly owns and operates hundreds of state-owned enterprises and indirectly controls many companies affiliated with the country's security The following year, after the deal was implemented, Iran's economy bounced back and GDP grew 12.3%, according to the Central Bank of Iran. But much of that growth was attributed to the oil and gas Figure 2 is also useful in showing the heavy dependence of Iran’s economy on oil exports. The economy grew fast under both the shah and the Islamic Republic when oil revenues were high, and

Economy - overview: Iran's economy is marked by statist policies, inefficiencies, and reliance on oil and gas exports, but Iran also possesses significant agricultural, industrial, and service sectors. The Iranian government directly owns and operates hundreds of state-owned enterprises and indirectly controls many companies affiliated with the

27 Nov 2018 The share of oil in gross domestic product, budget and its the Central Bank of Iran shows oil revenues accounted for 19.6% of GDP in the first  Iran Locator Map. The World Factbook Country/Location Locator Map Modal ×. Middle East :: Iran Print. Locator Map for Iran. View Iran Photo Gallery. Iran is the 17th largest country in the world in terms of area at 1648195 km2, and has a population of over 75 million. Apart from oil and natural gas, the country's other natural resources include coal, GDP growth (percentage), NA. Iran's economy should remain in recession in 2019, with GDP shrinking by 3.6% amid declining consumption, oil exports and construction activity, and Because of rounding, the sum of the percentages may be smaller/greater than 100%. 6 Nov 2019 Iran's gross domestic product (GDP) declined by 4.85 percent in of Iran, keeping growth low in spite of the country's considerable oil reserves. Oil is the main pillar of Saudi Arabia's economy and the cornerstone of its and almost 90% of fiscal revenue, while the oil sector comprises over 40% of overall GDP. risks are also high as tensions have risen between the kingdom and Iran.

Iran's economy should remain in recession in 2019, with GDP shrinking by 3.6% amid declining consumption, oil exports and construction activity, and Because of rounding, the sum of the percentages may be smaller/greater than 100%.

Iran's leaders have stayed defiant in the face of the sanctions, but their Iran's economy bounced back and GDP grew 12.3%, according to the Central Bank of He said the decision was "intended to bring Iran's oil exports to zero, denying the 

10 Mar 2020 Volatile oil prices poses a downside risk to the outlook. Panelists see the economy contracting 1.3% in SH 2020, which is down 0.7 percentage 

Oil rents (% of GDP) in Iran was reported at 15.34 % in 2017, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - Oil rents (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank > on February of 2020. The biggest sector of Iran´s economy are services, which account for 51 percent of GDP. With services the most important segments are: real estate and specialized and professional services (14 percent of total GDP); trade restaurants and hotels (12 percent) and public services (10 percent). Oil production constitutes 23 percent of the wealth

Experts warn that falling oil prices of Iranian gross domestic product, 

Photos, statistics and additional rankings of Iran. GDP Per Capita, PPP: $19,377 Iran's economy relies primarily on oil and gas exports – the country holds 

Iran: Exports of goods and services as percent of GDP: For that indicator, The World Bank provides data for Iran from 1960 to 2017. The average value for Iran during that period was 20.71 percent with a minimum of 3.73 percent in 1986 and a maximum of 47.37 percent in 1974. The latest value from 2017 is 24.94 percent. For comparison, the world average in 2017 based on 174 countries is 42.80