The total population in Iran was estimated at 82.1 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Iran had a population of 22.0 million people. The population of Iran represents 1.08 percent of the world´s total population which arguably means that one person in every 93 people on the planet is a resident of Iran. This page provides - Iran Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Iran was last recorded at 18 percent. Interest Rate in Iran averaged 15.91 percent from 1973 until 2020, reaching an all time high of 22 percent in June of 2014 and a record low of 10 percent in December of 1979. In Iran, the Central Bank of Iran does not use the benchmark interest rate. Instead, the Central Bank of Iran sets the Bank Profit rates for lending and borrowing. This page provides - Iran Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iran recorded a Government Budget deficit equal to 4.40 percent of the country's Gross Domestic Product in 2019. Government Budget in Iran averaged -0.52 percent of GDP from 1990 until 2019, reaching an all time high of 6.60 percent of GDP in 2000 and a record low of -6.20 percent of GDP in 1993. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Iran Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Iran increased 59.90 percent in November of 2018 over the same month in the previous year. Food Inflation in Iran averaged 22.88 percent from 2012 until 2018, reaching an all time high of 59.90 percent in November of 2018 and a record low of 1.80 percent in May of 2016. This page provides - Iran Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Iran was recorded at 22 percent in March of 2020. Inflation Rate in Iran averaged 14.51 percent from 1957 until 2020, reaching an all time high of 59.02 percent in May of 1995 and a record low of -3.27 percent in April of 1958. In Iran, the most important categories in the consumer price index are Housing, water, electricity, gas and other fuels (29 percent of total weight) and Food and beverages (28.5 percent of total weight). Others include: Transport (11.97 percent); Furnishings, household equipment and routine household maintenance (6 percent); Clothing and footwear (6 percent) and Health (5.5 percent). The smallest groups are Recreation and culture; Education; Restaurants and hotels; Communication; Tobacco at and Miscellaneous services and goods. This page provides the latest reported value for - Iran Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Iran increased to 193.80 points in December from 187.80 points in November of 2019. Consumer Price Index CPI in Iran averaged 35.61 points from 1990 until 2019, reaching an all time high of 193.80 points in December of 2019 and a record low of 0.90 points in August of 1990. In Iran, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Iran Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Iran increased to 142 Index Points in June from 140.20 Index Points in May of 2019. CPI Housing Utilities in Iran averaged 114.75 Index Points from 2016 until 2019, reaching an all time high of 142 Index Points in June of 2019 and a record low of 99 Index Points in August of 2016. This page provides - Iran Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Iran increased to 169.40 Index Points in November of 2018 from 169.10 Index Points in October of 2018. CPI Transportation in Iran averaged 114.75 Index Points from 2016 until 2018, reaching an all time high of 169.40 Index Points in November of 2018 and a record low of 99.50 Index Points in August of 2016. This page provides - Iran Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Iran increased 0.60 percent in August of 2019 over the previous month. Inflation Rate Mom in Iran averaged 1.52 percent from 1990 until 2019, reaching an all time high of 7.69 percent in February of 1995 and a record low of -4.17 percent in August of 1990. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Iran Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Iran decreased to 2018 BBL/D/1K in March from 2070 BBL/D/1K in February of 2020. Crude Oil Production in Iran averaged 3524.57 BBL/D/1K from 1973 until 2020, reaching an all time high of 6677 BBL/D/1K in November of 1976 and a record low of 510 BBL/D/1K in October of 1980. This page provides the latest reported value for - Iran Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Iran thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Iran as reported by major credit rating agencies.

Crude Oil Rigs in Iran remained unchanged at 157 in March from 157 in February of 2020. Crude Oil Rigs in Iran averaged 41.52 from 1995 until 2020, reaching an all time high of 157 in December of 2018 and a record low of 18 in February of 1995. This page provides - Iran Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iran recorded 106220 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Iran reported 6541 Coronavirus Deaths. This page includes a chart with historical data for Iran Coronavirus Cases.

Iran recorded 6589 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Iran reported 106220 Coronavirus Cases. This page includes a chart with historical data for Iran Coronavirus Deaths.

Iran recorded 85064 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Iran reported 6589 Coronavirus Deaths. This page includes a chart with historical data for Iran Coronavirus Recovered.

Iran scored 52.97 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Iran averaged 20.78 Points from 2011 until 2019, reaching an all time high of 54.85 Points in 2018 and a record low of 4.02 Points in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Iran Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Services in Iran decreased to 844000 IRR Billion in the second quarter of 2018 from 926000 IRR Billion in the first quarter of 2018. GDP From Services in Iran averaged 166211.46 IRR Billion from 1988 until 2018, reaching an all time high of 926000 IRR Billion in the first quarter of 2018 and a record low of 22451.35 IRR Billion in the second quarter of 1988. This page provides - Iran Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports to Iran in France decreased to -35 EUR Million in March from 14 EUR Million in February of 2020. Exports to Iran in France averaged 16.75 EUR Million from 2014 until 2020, reaching an all time high of 159 EUR Million in January of 2017 and a record low of -117 EUR Million in March of 2019. This page includes a chart with historical data for France Exports to Iran.

Iran is ranked 127 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Iran improved to 127 in 2019 from 128 in 2018. Ease of Doing Business in Iran averaged 133.50 from 2008 until 2019, reaching an all time high of 152 in 2012 and a record low of 117 in 2015. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Iran.

Terrorism Index in Iran increased to 4.72 in 2018 from 4.40 in 2017. Terrorism Index in Iran averaged 4.27 from 2002 until 2018, reaching an all time high of 5.83 in 2010 and a record low of 1.90 in 2004. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The TEDPIX increased 593824 or 154.60% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Iran. Historically, the Iran TEDPIX Stock Market Index reached an all time high of 980571 in May of 2020. The TEDPIX is a major stock market index which tracks the performance of the major companies listed on the Tehran Stock Exchange.

The Gross Domestic Product (GDP) in Iran was worth 485 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Iran represents 0.40 percent of the world economy. GDP in Iran averaged 181.37 USD Billion from 1965 until 2019, reaching an all time high of 598.85 USD Billion in 2012 and a record low of 6.20 USD Billion in 1965. 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. Manufacturing and mining contribute for 13 percent of the output and agriculture for 10 percent. The last big component of the GDP is construction and electricity, gas and water distribution, which account for 7 percent of total output. This page provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iran is the 99 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Iran averaged 79.11 from 2011 until 2019, reaching an all time high of 99 in 2019 and a record low of 62 in 2012. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Iran Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Iran stands at 8 percent. Sales Tax Rate in Iran averaged 6.64 percent from 2010 until 2020, reaching an all time high of 9 percent in 2017 and a record low of 3 percent in 2010. In Iran, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Iran. This page provides - Iran Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Iran decreased to 2250 Thousand Tonnes in March from 2710 Thousand Tonnes in February of 2020. Steel Production in Iran averaged 895.58 Thousand Tonnes from 1991 until 2020, reaching an all time high of 2895 Thousand Tonnes in December of 2019 and a record low of 166 Thousand Tonnes in September of 1991. This page has Steel Production values for Iran.

Gasoline Prices in Iran remained unchanged at 0.36 USD/Liter in April from 0.36 USD/Liter in March of 2020. Gasoline Prices in Iran averaged 0.28 USD/Liter from 1995 until 2020, reaching an all time high of 0.39 USD/Liter in December of 2010 and a record low of 0.06 USD/Liter in December of 1995. This page provides - Iran Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Iran increased to 2429400 IRR Billion in 2018 from 2070176.50 IRR Billion in 2017. Fiscal Expenditure in Iran averaged 723946.89 IRR Billion from 1999 until 2018, reaching an all time high of 2429400 IRR Billion in 2018 and a record low of 53545.60 IRR Billion in 1999. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Iran Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iranian state TV says US using ‘empty excuse’ of Tehran’s nuclear activities

Sale of shares in state-run holding company generates income for government

What are the factors Britain and its allies need to consider as they weigh their response to Iran's seizure of a British-flagged tanker in the Strait of Hormuz? Barney Jopson discusses the difficult waters Iran and the west must navigate to avoid a further escalation with Andrew England and Najmeh Bozorgmehr

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Pompeo insists Washington is still participant of accord despite 2018 withdrawal

Islamic republic eases coronavirus restrictions in effort to boost struggling economy

Tareck El-Aissami has little experience — and a $10m US bounty on his head

Concerns about maritime security in the Gulf are rising as relations between Iran and the west deteriorate over the slow breakdown of the nuclear deal struck by Tehran and world powers in 2015. Iran’s economy has been badly hit by the re-imposition of US sanctions, and in response, Iran says it is no longer sticking to agreed limits on its enriched uranium stockpile. Tom O’Sullivan discusses whether the deal can be saved with Michael Peel in Brussels, Najmeh Bozorgmehr in Tehran and Middle East editor Andrew England.

Contributors: Suzanne Blumsom, executive editor, Tom O’Sullivan, deputy analysis editor, Michael Peel, European diplomatic correspondent, Najmeh Bozorgmehr, Tehran correspondent, and Andrew England, Middle East editor. Producer: Fiona Symon

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A devastating missile and drone attack on Saudi oil installations last week highlighted the vulnerability of global oil supplies to the threat of regional unrest. The attack was claimed by Houthi rebels fighting Saudi-backed forces in neighbouring Yemen, but Saudi and US officials were quick to point the finger of blame at Iran. Geoff Dyer discusses the repercussions of the attack for the region and the oil market with Andrew England, Middle East editor, and Anjli Raval, senior energy correspondent.

Contributors: Geoff Dyer, analysis editor, Andrew England, Middle East editor, and Anjli Raval, senior energy correspondent. Producer: Fiona Symon

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Iranian military leader and commander of the Quds Forces, Qassem Soleimani, was killed on the 3rd of January in a targeted US air strike at Baghdad airport, Iraq. What did Soleimani mean to Iranians and why did the US order the airstrike that killed him? Najmeh Bozorgmehr discusses the story with Andrew England.

Contributors: Andrew England, Middle East editor and Najmeh Bozorgmehr, Tehran correspondent. Producer: Persis Love

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Victory for Iran's hardliners in this month’s parliamentary elections has come at the cost of a despondent population suffering under the weight of renewed US sanctions. With the future of the nuclear deal in doubt and isolationist leaders in the ascendant, Andrew England, Middle East editor, and Najmeh Bozorgmehr, Tehran correspondent, discuss what happens next.

Contributors: Andrew England, Middle East editor, and Najmeh Bozorgmehr, Tehran correspondent. Producers: Fiona Symon and Mehrnosh Khalaj.

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Rial to be changed to the toman after five decades of inflation

Dascha Polanco was in full character while on the set of Lin Manuel Miranda's new project In The Heights on Friday.

Miranda Lambert and her band the Pistol Annies are out celebrating award season. Ashley Monroe Angaleena Presley and Miranda all looked elegant as they arrived at the Grammy Awards party.

The Iranian regime-run channel IRTV2 introduced Sahar Tabar (pictured) as an example of how 'the madness to become famous on social media has ruined a real life'.

Miranda Lambert and her new husband Brendan McLoughlin stayed seated and stone-faced after her ex-husband Blake Shelton performed his country hit God's Country, despite the standing ovation.

Hamilton debuted on August 6, 2015 and has gone on win 11 Tony Awards. And on Monday, the musical's creator Lin-Manuel Miranda revealed that Disney will be bringing the play to the big screen.

The curious case of former Adelaide cleaner Negar Ghodskani began in Iran 11 years ago, moved to Malaysia, then Australia and will this week be sentenced in a US courtroom.

President Hassan Rouhani used his platform at the Islamic conference in the city to rebuke the 'heaviest sanctions' by the US, claiming Iran's economy is on the mend and moving away from reliance on oil.

Shahab Dehghani, 24, an Iranian economics student at Northeastern University, was denied entry to the US and ordered to immediately fly back to his native country.

Satellite images from December 4 show Iranian boats shadowing the aircraft carrier USS Abraham Lincoln as well as two other vessels - the Leyte Gulf and Farragut - in Strait of Hormuz.

Whilst the show was disrupted by a stage invader and Tom Jones accidentally swearing on air, nothing could detract from the 21-year-old's joy as he beat Into The Ark to be named winner.

Just one day after the world premiere of Star Wars: The Rise of Skywalker, Lin-Manuel Miranda has revealed his involvement in the highly-anticipated movie.

The Iranian president smiled and looked at ease as he sat in front of the Russian premier, who appeared characteristically stern (pictured).