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Islamic Republic of Iran: Recent Economic Developments

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  • International Monetary Fund

Abstract

This paper reviews economic developments in Iran during 1990–95. The growth rate of real GDP declined from an average of 11 percent in 1990/91–1991/92 to 2.7 percent in 1994/95. This decline was associated with developments in both the oil and non-oil sectors, such as capacity constraints in the industrial sector; adverse movement in international oil prices; reduction in oil export volumes; and quantitative import restrictions, which adversely affected industries that depended on imported inputs. The real value added in the oil sector declined by 5.6 percent in 1994/95.

Suggested Citation

  • International Monetary Fund, 1995. "Islamic Republic of Iran: Recent Economic Developments," IMF Staff Country Reports 1995/121, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1995/121
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=626
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    Cited by:

    1. Hossein Askari & John Forrer & Hildy Teegen & Jiawen Yang, 2002. "Economic sanctions and US international business interests," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 55(220), pages 55-69.
    2. A. Sepehri & S. Moshiri & M. Doudongee, 2000. "The Foreign Exchange Constraints to Economic Adjustment: The case of Iran," International Review of Applied Economics, Taylor & Francis Journals, vol. 14(2), pages 235-251.

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