Concept
Concept
Economy of Iran
اقتصاد ایران
Iran's economy, long reliant on oil and gas, shaped by historical Silk Road trade and, today, by sanctions and domestic policy.
Read in context →At a glance
- Key dependence
- Oil and gas
- Key challenge
- Sanctions & inflation
Detail
This section addresses the structure and challenges of Iran's economy. Iran's economy is large and diversified but heavily dependent on oil and gas revenues, with the state and parastatal institutions playing a major role. Iran holds some of the world's largest oil and gas reserves, yet it contends with extensive international sanctions, high inflation, and currency volatility — factors that shape the country's macroeconomic picture.
Related entities
Sources
- World Bank — 'Iran Economic Monitor'
- Encyclopaedia Iranica — 'Economy'
- IMF country data