Iran - Income



The US Central Intelligence Agency (CIA) reports that in 2001 Iran's gross domestic product (GDP) was estimated at $456 billion. The per capita GDP was estimated at $7,000. The annual growth rate of GDP was estimated at 5%. The average inflation rate in 2002 was 17.3%. The CIA defines GDP as the value of all final goods and services produced within a nation in a given year and computed on the basis of purchasing power parity (PPP) rather than value as measured on the basis of the rate of exchange. It was estimated that agriculture accounted for 19% of GDP, industry 26%, and services 55%.

According to the United Nations, in 2000 remittances from citizens working abroad totaled $320 million. Worker remittances in 2001 totaled $326.4 million. Foreign aid receipts amounted to about $2 per capita.

The World Bank reports that in 2001 per capita household consumption (in constant 1995 US dollars) was $964. Household consumption includes expenditures of individuals, households, and nongovernmental organizations on goods and services, excluding purchases of dwellings. It was estimated that for the same period private consumption grew at an annual rate of 5%. Approximately 20% of household consumption was spent on food, 32% on fuel, 12% on health care, and 8% on education. It was estimated that in 1996 about 53% of the population had incomes below the poverty line.

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