Macro Economic Indicator of Islamic Republic of Iran

Acknowledgement[pic 2][pic 3][pic 4][pic 5][pic 6][pic 7][pic 8][pic 9]

This project consumed huge amount of work, research and dedication. Still, implementation would not have been possible if we did not have a support of many individuals and organizations. Therefore we would like to extend our sincere gratitude to all of them.

We are also grateful to Sir Syed Ghayyur Alam for provision of expertise, and technical support in the implementation. Without their superior knowledge and experience, the Project would like in quality of outcomes, and thus their support has been essential. It is great honor for us that we were doing project under the supervision of Sir Syed Ghayyur Alam.

Contents

Acknowledgement        1

IRAN:        4

GEOGRAPHICAL LOCATION:        4

ECONOMY:        4

Economic Outlook        4

Economy of Iran from 2011 to 2017        6

Gross Domestic Product:        7

Reserve:        7

Trade Balance:        8

Government Reserve:        9

Investment:        10

Saving:        10

        10

Tax:        11

Inflation Rate:        11

Unemployment Rate:        12

GDP Growth:        13

Analysis:        14

Conclusion:        15

References        16

IRAN:

Iran is the second largest economy in the Middle East and North Africa (MENA) region after Saudi Arabia, with an estimated Gross Domestic Product (GDP) in 2015 of US$393.7 billion. It also has the second largest population of the region after Egypt, with an estimated 78.8 million people in 2015. Iran’s economy is characterized by the hydrocarbon sector, agriculture and services sectors, and a noticeable state presence in manufacturing and financial services. Iran ranks second in the world in natural gas reserves and fourth in proven crude oil reserves. Economic activity and government revenues still depend to a large extent on oil revenues and therefore remain volatile.

GEOGRAPHICAL LOCATION:

Geographically, Iran is located in West Asia and borders the Gulf of Oman, Persian Gulf, and Caspian Sea. Iran holds the world's fourth-largest proven oil reserves and the world's second-largest natural gas reserves. And the country is very rich in coal, lead, copper and chromium and many more valuable natural resources.

With an area of 1,648,000 square kilometers, Iran ranks eighteenth in size among the countries of the world. Iran shares its northern borders with three post-Soviet countries: Armenia, Azerbaijan, and Turkmenistan. These borders are more than 2,000 kilometers including nearly 650 kilometers of water along the southern shore of the Caspian Sea. Iran's western borders are with Turkey in the north and Iraq in the south. The Persian Gulf and Gulf of Oman littorals form the entire 1,770 kilometers southern border. To the east lies Afghanistan on the north and Pakistan on the south. The strategic location of Iran in the Middle East and Asia has always been of significance in terms of politics and global eye of the country.