Iran Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $80.4 billion (1984)

Natural resources: petroleum, natural gas, coal, chromium, copper, iron, lead manganese, zinc, barite, sulfur, coal, emeralds, turquoise

Agriculture: wheat, barley, rice, sugar l>eets, cotton, dates, raisins, tea, tobacco, sheep, goats; an illegal producer of opium poppy for the international drug trade

Major industries: crude oil production (2.4 million b/d in 1985)and refining, textiles, cement and other building materials, food processing (particularly sugar refining and vegetable oil production), metal fabricating (steel and copper)

Electric power: 11,907.600 kW capacity (1985); 41.724 billion kWh produced (1985), 923 kWh per capita

Exports: $16.2 billion (est., 1985); 98% petroleum; also carpets, fruits, nuts

Imports. $16.5 billion (est., 1984); machinery, military supplies, foodstuffs, pharmaceuticals, technical services

Major trade partners: exports—Japan, Turkey, Syria, Italy, Netherlands, Spain, France, FRG; imports—FRG, Japan, Turkey, UK, Italy

Budget· (FY85) proposed expenditures of $42 billion; projected deficit of $4 billion— actual deficit likely to be higher

Monetary conversion rate: 93 rials=US$l (official rate)

Fiscal year: 21 March-20 March

NOTE: The information regarding Iran on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Iran 1986 information contained here. All suggestions for corrections of any errors about Iran 1986 should be addressed to the CIA or the source cited on each page.