Imports$76.1 billion (2011 est.)
Exports$131.8 billion (2011 est.)
Inflation rate (consumer prices)22.5% (2011 est.)
Unemployment rate15.3% (2011 est.)
GDP - per capita (PPP)$13,200 (2011 est.)
National product real growth rate3% (2010 est.)
Internet users8.214 million (2009)
Telephones - mobile cellular67.5 million (2009)
Population growth rate1.247% (2012 est.)
Population78,868,711 (July 2012 est.)
Known as Persia until 1935, Iran became an Islamic republic in 1979 after the ruling monarchy was overthrown and Shah Mohammad Reza PAHLAVI was forced into exile.
Conservative clerical forces established a theocratic system of government with ultimate political authority vested in a learned religious scholar referred to commonly as the Supreme Leader who, according to the constitution, is accountable only to the Assembly of Experts - a popularly elected 86-member body of clerics.
US-Iranian relations have been strained since a group of Iranian students seized the US Embassy in Tehran on 4 November 1979 and held it until 20 January 1981....
Iran's economy is marked by an inefficient state sector, reliance on the oil sector, which provides the majority of government revenues, and statist policies, which create major distortions throughout the system.
Private sector activity is typically limited to small-scale workshops, farming, and services.
Price controls, subsidies, and other rigidities weigh down the economy, undermining the potential for private-sector-led growth....
The Economist Intelligence Unit
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This report contains detailed forecasts and analysis for Iran, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...