Domestic Economy

“Iran should have at least 0.5% share of world economy”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has said that given its natural resources and workforce, Iran should not have less than a 0.5% share of the world economy.

Iran Chamber

Iran’s foreign debt down 28% to $5.597 billion: CBI

Latest figures provided by the Central Bank of Iran (CBI) put Iran’s foreign debt at the end of fiscal month to July 21 at $5.597 billion.

Macro Economy

Iran’s seven-month tax revenues at $7.9 billion

Iran has collected as much as 4,090 trillion rials ($7.9 billion) of taxes in the first seven months of the current Iranian calendar year (March 21 – October 22), according to an official with the knowledge of the matter.

Macro 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