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Irans economy is dependent to its huge resources of oil and gas. Iran has the 2nd natural gas resources of the world and also 3rd or 4rth resources of oil. Iran is a dry country so agriculture is not developed enough. The country is rapidly becoming industrialized and it has the 3rd highest GDP(ppp) among 57 Islamic nations. it also is the biggest car producer (1,600,000 per year) in the middle east and ... Industrializing their country

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12y ago
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15y ago

The Gross Domestic Product (GDP) is $859.7 billion (2008 est.) at purchasing power parity. The Gross Domestic Product (GDP) is growing at an annual rate of 6.4% (2008 est.) The GDP per capita is $13,100 (2008 est.) at purchasing power parity. The GDP is drawn proportionately from: agriculture: 10.8%

industry: 44.3%

services: 44.9% (2008 est.)

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13y ago

The Economy type of Iran is a market economy. Right now their economy isn't really doing well in the manufacturing stage but otherwise they rank 150th out of the worlds economies.

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10y ago
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15y ago

Tehran is the capital for Iran

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Q: What is Iran's economy?
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Related questions

What is Irans leading expWhat is Irans leading export?

Irans leading export is in energy sector. Firstly Oil, then Gas


What is Irans economy based on?

Half of Iran's government and the private sector is half of the Iranian economy. The Iranian government that Iran is trying to privatize it.


What is Irans theocracy?

islam


What kind of money the Irans use?

rials


Who are Irans citizen?

over 7.1 millon people


What is found along irans western coast?

Zagros


What are Irans major trading goods?

corn and wheat


What do ou call irans?

The people from Iran are called Iranians.


Is Irans government ruled by religious leaders?

Yes, unfortunately it is.


What is Irans contenent?

Iran is geographically located in Asia, in the Middle East.


What is Irans bordering countries?

Pakistan,Iraq,Turkmensistan,Turkey,Afghanistan.


What are Irans resources?

Oil, natural resources such as marble, fish, and gas.