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Iran’s annual inflation rate has been falling lately, although it still remains elevated at around 20%, the World Bank also said.
Iran - Main Macro Indicators
Nominal GDP (USD mn) 144,666.7 (Mar 2020)
Real GDP Growth (%) -6.8 ( Mar 2020)
Nominal GDP Growth (%) 24.943 (Mar 2020)
GDP per Capita (USD) 5,494.057 (2018)
GDP Deflator Growth (%) 34.1 (Mar 2020)
Private Consumption Expenditure (USD mn) 73,357.143 (Mar 2020)
Private Consumption: % of GDP (%) 50.7 (Mar 2020)
Public Consumption Expenditure (USD mn) 22,857.143 (Mar 2020)
Public Consumption: % of GDP (%) 15.8 ( Mar 2020)
Investment: % of GDP (%) 25.8 (Mar 2020)
Gross Fixed Capital Formation (USD mn) 37,285.714 (Mar 2020)
Gross National Product (USD mn) 446,232.053 (2017)
Gross Savings Rate (%) 33.5 (Mar 2020)
Source: CEIC Data
4.0 Real Economy 4.1 Industrial production
Iran’s SMEs record 17% exports growth in first half of Persian year
The value of products produced by Iranian small and medium sized enterprises grew 16.7% y/y growth in the first six months of the 2020/2021 Persian calendar year (March 20 - September 22), Mehr News Agency reported on October 4.
16 IRAN Country Report November 2020 www.intellinews.com