IMF Staff Country Reports

Islamic Republic of Iran: Staff Report for the 2006 Article IV Consultation

Publication Date:

March 8, 2007

Electronic Access:

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Summary:

This 2006 Article IV Consultation highlights that with high oil prices and a significant policy stimulus, the Iranian economy continued to grow strongly in 2005–06. Real GDP growth is estimated at 5½ percent. Oil GDP growth was modest owing to capacity constraints, while non-oil GDP growth was broad based, reaching 6 percent. The tensions associated with the nuclear issue, however, had some adverse effects on private investment. With energy prices projected to remain high and external demand continuing to support non-oil exports, Iran’s near-term growth prospects look favorable.

Series:

Country Report No. 2007/100

Subject:

Commodities Currencies Fiscal policy Fiscal stance Money Oil Oil prices Oil, gas and mining taxes Prices Taxes