Iran FlagIran

Independence, Freedom, Islamic Republic

 

General


Population: 80,840,713 (2014), 79,853,900 (2013)
Land Area: 1,648,000 sq km
Natural Resources: Petroleum, natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc, sulfur
Capital: Tehran
Political System: Theocratic Republic
State Leader: Ali Hoseini-Khamenei (June 4th 1989)
Head of Government: Hasan Fereidun Ruhani (August 3rd 2013)
Languages: Persian, Turkic, Kurdish, Luri, Balochi, Arabic, Turkish
Currency: Iranian Rial (IRR)
Major Religions: Muslim 98%, Other 2%
Major Ethnicities: Persian 51%, Azeri 24%, Gilaki and Mazandarani 8%, Kurd 7%, Arab 3%, Lur 2%, Baloch 2%, Turkmen 2%, Other 1%
Life Expectancy: 70.89 years (2014), 70.62 years (2013)

Economy


GDP Official Exchange Rate: 411.9 billion (2013), 548.9 billion (2012)
GDP Purchasing Power Parity: 987.1 billion (2013), 1.016 trillion (2012)
GDP Per Capita (PPP): 12,800 (2013), 13,300 (2012)
GDP Growth Rate: -1.5% (2013), -1.9% (2012)
GDP Structure: Agriculture 10.6%, Industry 44.9%, Services 44.5% (2013)
Labour Force By Occupation: Agriculture 16.9%, Industry 34.4%, Services 48.7% (2012)
Industries: Petroleum, petrochemicals, fertilizers, caustic soda, textiles, cement and other construction materials, food processing, ferrous and non-ferrous metal fabrication, armaments
Agriculture Products: Wheat, rice, other grains, sugar beets, sugar cane, fruits, nuts, cotton; dairy products, wool; caviar
Human Development Index: 0.749 (75th)(2014), 0.742 (76th)(2013)
Tourism Revenue: 1.324 billion (2004)
Unemployment Rate: 16% (2013)

MilitaryIran Map


Army Size: 420 000 (2004)
Budget: 2.5% of GDP (2006)

Current Situation

 

Iran is located in Central Eurasia. Iran is bordered by Afghanistan, Armenia, Azerbaijan, Iraq, Pakistan, Turkey and Turkmenistan. Iran has large reserves of petroleum the profits of which amount for roughly 45% of government budget. Iran has a high unemployment rate and a high number of people living below the poverty line, but the economy is steadily growing. However a tense relationship with the United States and most of the Western countries prevents Iran from reaching its full economic potential.

(2014) Iran's economy continues to be negatively impacted by economic sanctions from western nations. Hasan Ruhani was elected as the President of Iran in 2013 and was seen at first as being more moderate than his predecessor, however this remains to be seen.

Thoughts & Comments

 

Sources

CIA World Factbook: Iran
The Economist: The World In 2014
Wikipedia: Iran
http://hdrstats.undp.org/en/countries/profiles/IRN.html

Updated on: September 19, 2014