IMF Staff Country Reports

Islamic Republic of Iran: 2018 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Iran

Publication Date:

March 29, 2018

Electronic Access:

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Summary:

This 2018 Article IV Consultation highlights that the real GDP growth of Iran is expected to reach 4.3 percent in 2017/18. In the first half of 2017/18, recovery broadened to the non-oil sector, aided by supportive fiscal and monetary policies and a recovery in construction and services activity. The unemployment rate declined to 11.7 percent in the first half of 2017/18, but remained particularly high for youth and women. Inflation averaged 9.9 percent during the first 11 months of 2017/18 aided by moderation in food prices and stable administered prices. Real GDP growth is expected to ease to 4 percent in 2018/19 and is forecast to average 4.5 percent over the medium-term.

Series:

Country Report No. 2018/093

Subject:

Banking Budget planning and preparation Economic and financial statistics External sector statistics Oil, gas and mining taxes Public debt Public financial management (PFM) Revenue administration Taxes