Economy of Iran

Currency

Iranian rial (IRR)

Fiscal year

21 March - 20 March

Trade organisations

OPEC

Statistics

GDP ranking

19th (2004 est.) [1]

GDP

$516.7 billion (2004 est.)

GDP growth

6.3% (2004 est.)

GDP per capita

$7,700 (2004 est.)

GDP by sector

agriculture (11.2%), industry (40.9%), services (48.7%) (2004 est.)

Inflation

15.5% (2004 est.)

Labour force

23 million; note: shortage of skilled labor (2004 est.)

Labour force by occupation

agriculture (30%), industry (25%), services (45%) (2001 est.)

Main industries

petroleum, petrochemicals, textiles, cement and other construction materials, food processing, metal fabrication, armaments

Trading Partners

Exports

$38.79 billion f.o.b. (2004 est.)

Main partners

Japan 22.2%, mainland China 9.9%, Italy 6.4%, Taiwan 5.6%, Turkey 5.5%, South Korea 5.5% (2003)

Imports

$31.3 billion f.o.b. (2004 est.)

Main Partners

Germany 10.8%, France 8.5%, mainland China 8.3%, Italy 8%, UAE 7.8%, South Korea 6.4%, Russia 4.7%, Japan 4% (2003)

Public finances

Public debt

$139.51 billion (27% of GDP) (2004 est.)

External debt

$13.4 billion (2004 est.)

Revenues

$43.34 billion (2004 est.)

Expenses

$47.7 billion, including capital expenditures of $7.6 billion (2004 est.)

Economic aid

$408 million (2002 est.)