About the OPEC Fund

About

 

Home   Search   Print

OFID Member Countries

Official country name: Islamic Republic of Iran
National capital: Tehran
Location: In western Asia, bordered by Azerbaijan and Turkmenistan to the north, by Turkey and Iraq to the west, by the Gulf to the south, and by Pakistan and Afghanistan to the east.
Area: 1.65 million km2


Natural Resources: petroleum, natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc, sulfur
Structure of output (value added, % of GDP): agriculture 19.4%, industry 26.2%, services 54.4% (2001)
Population: 64.7 million (2001)
Urban population: 64.7%
Life expectancy at birth, total (years, 2000): 69.1
Population growth rate: 1.6% (2001)
Principal exports: petroleum, natural gas, carpets, nuts and fruit, iron and steel
Exports of goods and services: US$18.97 billion (2000)
Principal imports: machinery and transport equipment, chemicals, food and live animals, basic manufactured goods
Imports of goods and services: US$18.44 billion (2000)
GDP: US$113.9 billion (2001)
Annual growth: 4.8% (2001)
GDP per capita: US$1,753 (2001)
Inflation (annual %): 11.4% (2001)
Total external debt: US$8.7 billion (1999)
Total debt service: US$4.6 billion (1999)
Debt service (% of exports of goods and services, 2000): 11.4%
National currency: Iranian rial (IR)
Average exchange rate: IR 1,754 = US$1 (2001)
OPEC Fund Ministerial Council Member: H.E. Dr. Seyed Shamseddin Hosseini, Minister of Economic Affairs and Finance, Ministry of Economic Affairs and Finance
OPEC Fund Governing Board Representative: Dr. Behrouz Alishiri, Vice Minister and President of OIETAI, Ministry of Economic Affairs and Finance
OPEC Fund Governing Board Alternate: Mr. Saman Ghasemi, Director General for Foreign Investments, Ministry of Economic Affairs and Finance