ECO, FAO, G-19, G-24, G-77, IAEA, IBRD, ICAO, ICC,
IDA, IDB, IFAD, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC,
ISO, ITU, LORCS, NAM, OIC, OPEC, PCA, UN, UNCTAD, UNESCO, UNHCR,
UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in US:
chief of mission:
Iran has an Interests Section in the Pakistani Embassy in Washington,
DC
chancery:
Iranian Interests Section, 2209 Wisconsin Avenue NW, Washington, DC
20007
telephone:
(202) 965-4990
US diplomatic representation:
protecting power in Iran is Switzerland
Flag:
three equal horizontal bands of green (top), white, and red; the
national emblem (a stylized representation of the word Allah) in red
is centered in the white band; Allah Alkbar (God is Great) in white
Arabic script is repeated 11 times along the bottom edge of the green
band and 11 times along the top edge of the red band
@Iran, Economy
Overview:
Iran's economy is a mixture of central planning, state ownership of
oil and other large enterprises, village agriculture, and small-scale
private trading and service ventures. Over the past several years, the
government has introduced several measures to liberalize the economy
and reduce government intervention, but most of these changes have
moved slowly because of political opposition. Iran has faced
increasingly severe financial difficulties in 1992-93 due to an import
surge since 1989 and general financial mismanagement. At yearend 1993
the Iranian Government estimated that it owed foreign creditors about
$30 billion; an estimated $8 billion of this debt was in arrears.
Earnings from oil exports--which provide over 90% of Iran's export
revenues--are providing less relief to Iran than usual because of
declining oil prices. Estimated overall growth was a robust 6.3% in
1992 and a moderate 3% in 1993.
National product:
GNP - purchasing power equivalent - $303 billion (1993 est.)
National product real growth rate:
3% (1993 est.)
National product per capita:
$4,780 (1993 est.)
Inflation rate (consumer prices):
30% (September 1992-September 1993)
Unemployment rate:
30% (1991 est.)
Budget:
revenues:
$NA
expenditures:
$NA, including capital expenditures of $NA
Exports:
$15.5 billion (f.o.b., FY92 est.)
commodities:
petroleum 90%, carpets, fruits, nuts, hides
partners:
Japan, Italy, France, Netherlands, Belgium/Luxembourg, Spain, and
Germany
Imports:
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