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Currency:
Rial (Ten Rials makes one 'Tomman' which is the
peoples every-day monetary unit).
Exchange Rate (2/22/00):
1755 Rials per $ U.S. for official budget
transaction & essential goods import & export, as well
as external debt service
Gross Domestic Products (GDP) (1999E):
$ 200.5 billion
Real GDP Growth Rate (2000E):
4.2%
Inflation Rate:
13.4%
Current Account Balance (2000E):
$ 0.26 billion
Major Trading Partners:
Germany, Italy, Japan, France, Turkey,
Netherlands, United Kingdom, Spain
Merchandise Exports (1999):
$ 14.8 billion
Merchandise Imports (1999E):
$ 14.0 billion
Major Export Products:
Petroleum & related products, carpets,
pistachios, caviar, fruits, nuts and hides
Major Import Products:
Machinery, military equipment, metal,
foodstuff, pharmaceuticals, refined oil products, technical
services and food stuff
Oil Export Revenues (1999E):
$13.9billion
Oil Export Revenues (2000E):
$21.9 billion
Oil Export Revenues / Total Export Revenues (1999E):
around 90%
Banking System:
All Iranian banks are national & come in
three major categories namely, Commercial, Specialized &
provincial.
Membership at international Organization:
CCC, ESCAP, G-77, IAEA, IBRD, IDA, IDB, IFC,
ILQ, IMF, IMQ, INTERSAT, IPU, OIC, OPEC, UN, UNSECO, UNIDO,
WHO
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