Formally Persia, in 1979, Iran became an Islamic Republic and a theocratic rule was created where a religious intellectual, or Supreme Leader, held political power. Relations with the U.S. became tense in 1979, when Iranian students took over the U.S. Embassy in Tehran. Identified as a supporter of terrorism, Iran is subject to U.S. sanctions and export controls. The attempt to bring reforms to the country was brought to an end by the conservative forces. The conservatives won the 2003 municipal elections and, in 2005, a conservative leader became President.
Capital City: Tehran (+3:30 GMT)
Chief of State: Supreme Leader Ali Hoseini-KHAMENEI
Head of Govt.: President Mahmud AHMADI-NEJAD
Currency: Iranian rial
Main Cities: Isfahan, Tabriz, Mashhad
Major Languages: Persian dialects
Calling Code: 98
Voltage: 220V
Stock Exchanges: Tehran Stock Exchange
Primary Religions: Shi'a Muslim
Main Airports
Tehran (THR) (Mehrabad)
Statistics
GDP: purchasing power parity:
$561.6 billion (2005 est.)
GDP - real growth rate:
6.1% (2005 est.)
GDP - per capita: purchasing power parity:
8,300 (2005 est.)
Inflation rate (consumer prices):
13.5% (2005 est.)
Labor force:
23.68 million note: shortage of skilled labor (2005 est.)
Exports:
$55.42 billion f.o.b. (2005 est.)
Exports - partners:
Japan 16.9%, China 11.2%, Italy 5.9%, South Africa 5.8%, South Korea 5.8%, France 4.4%, Turkey 4.6%, Taiwan 4.1%, Netherlands 4.5% (2005)
Imports:
$42.5 billion f.o.b. (2005 est.)
Imports - partners:
Germany 13.7%, UAE 8.3%, China 8.2%, Italy 7%, France 6.2%, South Korea 5.3%, Russia 4.8% (2005)
Population:
68,688,433 (July 2006 est.)
Population growth rate:
1.1% (2006 est.)
Population Below Poverty Line:
40% (2002 est.)
Major Industries:
petroleum, petrochemicals, fertilizers, caustic soda, textiles, cement and other construction materials, food processing (particularly sugar refining and vegetable oil production), ferrous and non-ferrous metal fabrication, armaments
Employing Workers: 141*
Registering Property: 143*
Enforcing Contracts: 33*
Closing a Business: 109*
*2006 World Bank rank out of 175 countries
Capital City: Tehran (+3:30 GMT)
Chief of State: Supreme Leader Ali Hoseini-KHAMENEI
Head of Govt.: President Mahmud AHMADI-NEJAD
Currency: Iranian rial
Main Cities: Isfahan, Tabriz, Mashhad
Major Languages: Persian dialects
Calling Code: 98
Voltage: 220V
Stock Exchanges: Tehran Stock Exchange
Primary Religions: Shi'a Muslim
Main Airports
Tehran (THR) (Mehrabad)
Statistics
GDP: purchasing power parity:
$561.6 billion (2005 est.)
GDP - real growth rate:
6.1% (2005 est.)
GDP - per capita: purchasing power parity:
8,300 (2005 est.)
Inflation rate (consumer prices):
13.5% (2005 est.)
Labor force:
23.68 million note: shortage of skilled labor (2005 est.)
Exports:
$55.42 billion f.o.b. (2005 est.)
Exports - partners:
Japan 16.9%, China 11.2%, Italy 5.9%, South Africa 5.8%, South Korea 5.8%, France 4.4%, Turkey 4.6%, Taiwan 4.1%, Netherlands 4.5% (2005)
Imports:
$42.5 billion f.o.b. (2005 est.)
Imports - partners:
Germany 13.7%, UAE 8.3%, China 8.2%, Italy 7%, France 6.2%, South Korea 5.3%, Russia 4.8% (2005)
Population:
68,688,433 (July 2006 est.)
Population growth rate:
1.1% (2006 est.)
Population Below Poverty Line:
40% (2002 est.)
Major Industries:
petroleum, petrochemicals, fertilizers, caustic soda, textiles, cement and other construction materials, food processing (particularly sugar refining and vegetable oil production), ferrous and non-ferrous metal fabrication, armaments
Employing Workers: 141*
Registering Property: 143*
Enforcing Contracts: 33*
Closing a Business: 109*
*2006 World Bank rank out of 175 countries
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