Records of governments on growth of macroeconomic indicators

The Islamic Parliament Research Center (IPRC) has recently released a statistical-analytical report on Iran's economic situation in the post-war (1989) governments. The report focuses on macroeconomic indicators and emphasizes that if the growth continues, 2016 can be an end to Iran's economic downturn.

 

 

IPRC has also offered some suggestions to address the challenges of fluctuating growth, inflation, employment, income, and so on.
The report emphasizes that oil and gas revenues have always influenced Iran's economic growth rate. In other words, the growth was witnessed in times of a rise in oil and gas revenues.
However, the ratio of these two variables has varied in different administrations. About $4.18bn was spent on 1% of economic growth in the first presidential term of Akbar Hashemi Rafsanjani (1989-1992), while the rate in the second presidential term of Mahmoud Ahmadinejad and that of Hassan Rouhani was $67.17bn and $13.99bn, respectively.
Among the fifth governments (the first government of Hashemi to the Rouhani), the best performances regarding exploiting oil resources for economic growth were seen in “the fifth term” and “the seventh and eighth terms” (Mohammad Khatami's eight years presidency).
However, the high economic growth in 1989 (the first post-war government), compared to the previous year (1988), was a major factor in improving the performance of the fifth government.

Average rate of economic growth at market price

Average growth (%)

Year *

9.65

1989

1990

1991

1992

4.25

1993

1994

1995

1996

3.40

1997

1998

1999

2000

7.27

2001

2002

2003

2004

5.54

2005

2006

2007

2008

2.06

2009

2010

2011

2012

2.50

2013

2014

2015

2016**