Domestic Economy

Iran’s economic growth ranking improves in 2023: IMF

Iran has moved up 10 steps in the world’s economic growth ranking among 191 countries, according to the latest statistics released by the International Monetary Fund (IMF).

Macro Economy

Iran negotiating with 10 foreign companies for house construction

Iran is in negotiations with 10 Asian and European countries for house construction projects across the country, according to an official with knowledge of the matter.

Iran Economy

Iran’s H1 economic growth hits 5.8%: CBI

The growth rate of Iran’s economy in the first six months of 2023 reached an average of 5.8 percent, while the investment growth in 2022 hit 6.7 percent, announced the governor-general of the Central Bank of Iran (CBI).

Macro Economy

Iran ranked 21th among world economies in 2022

A latest report by the International Monetary Fund (IMF) says Iran has taken one step forward in the world ranking of top economies in 2022.

Macro Economy

Nearly 1.76m affordable housing units under construction across Iran

Transport and Urbana Development Minister Mehrdad Bazrpash announced that 1.759 million units of the National Housing Movement plan are under construction across the country.

Macro Economy

Iran’s H1 customs revenues up 67% YOY

The Islamic Republic of Iran’s Customs Administration (IRICA) has reported a significant growth of 67% in total customs revenues in the six months to late September, saying receipts reached 805.27 trillion rials, or around $1.6 billion.

Macro Economy

Iran economy grew by 6.2% in first quarter: CBI

The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).

Macro Economy

Iran’s Foreign Debt Shrinks by 20%: IMF

The International Monetary Fund (IMF) in its latest report said Iran’s foreign debt has decreased by 20 percent and that it is in a better situation in this regard than 132 countries.

Macro Economy

Iran’s five-month tax revenues up 52% YOY

Iranian tax revenues in the five calendar months to late August are 52% higher than figures reported in last year’s corresponding period, according to a Tuesday report by Iran’s National Tax Administration (INTA).

Macro Economy

Iran’s annual inflation rate drops 0.8% in August

Figures by the Iranian government’s statistics agency the SCI show the headline inflation rate in the country fell slightly in the calendar month to August 22.

Macro Economy