Economy of Iran in the context of "Industry of Iran"

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⭐ Core Definition: Economy of Iran

Iran has a mixed, centrally planned economy with a large public sector. It consists of hydrocarbon, agricultural and service sectors, in addition to manufacturing and financial services, with over 40 industries traded on the Tehran Stock Exchange. With 10% of the world's proven oil reserves and 15% of its gas reserves, Iran is considered an "energy superpower". Nevertheless since 2024, Iran has been suffering from an energy crisis.

Since the 1979 Islamic revolution, Iran's economy has experienced slower economic growth, high inflation, and recurring crises. The 8-year Iran–Iraq War (1980–1988), increased Corruption in Iran, and subsequent international sanctions severely disrupted development. In recent years, Iran's economy has faced stagnant growth, inflation rates among the highest in the world, currency devaluation, rising poverty, water and power shortages, and low rankings in corruption and business climate indices. The brief war with Israel in June 2025 further exacerbated economic pressures, causing billions in damage and loss of revenues. Despite possessing large oil and gas reserves, Iran's economy remains burdened by structural challenges and policy mismanagement, resulting in limited growth and a decline in living standards in the post-revolution era.

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Economy of Iran in the context of Education in Iran

Education in Iran is centralized and divided into K-12 education plus higher education. Elementary and secondary education is supervised by the Ministry of Education and higher education is under the supervision of Ministry of Science, Research and Technology and Ministry of Health and Medical Education for medical sciences. As of 2016, around 94% of the Iranian adult population is literate. This rate increases to 97% among young adults ages between 15 and 24 without any gender consideration. By 2007, Iran had a student-to-workforce population ratio of 10.2%, standing among the countries with the highest ratio in the world.

Primary school (Dabestân, دبستان) starts at the age of 6 for a duration of six years (previously 5 years). Junior high school (Dabirestân دوره اول دبیرستان), also known as middle school, includes three years of Dabirestân from the seventh to the ninth grade. Senior high school (Dabirestân, دوره دوم دبیرستان), including the last three years (previously 4 years), is mandatory. The student at this level can study theoretical, vocational/technical, or manual fields, each program with its specialties. Ultimately, students are given a high school diploma. The requirement to enter into higher education is to have a high school diploma, and passing the national university entrance examination, Iranian University Entrance Exam (Konkur کنکور), which is similar to the French baccalauréat exam (for most of universities and fields of study). Iran suffers from a problem of over education and falsified academic degrees.

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Economy of Iran in the context of Supreme Leader of Iran

The supreme leader of Iran, also referred to as the supreme leader of the Islamic Revolution, but officially called the supreme leadership authority, is the head of state and the highest political and religious authority of Iran (above the president). The armed forces, judiciary, state radio and television, and other key government organizations such as the Guardian Council and Expediency Discernment Council are subject to the supreme leader. According to the constitution, the supreme leader delineates the general policies of the Islamic Republic (article 110), supervising the legislature, the judiciary, and the executive branches (article 57). The current lifetime officeholder, Ali Khamenei, has issued decrees and made the final decisions on the economy, the environment, foreign policy, education, national planning, and other aspects of governance in Iran. Khamenei also makes the final decisions on the amount of transparency in elections, and has dismissed and reinstated presidential cabinet appointees.

The office was established by the Constitution of Iran in 1979, pursuant to Ayatollah Ruhollah Khomeini's concept of the Guardianship of the Islamic Jurist, and is a lifetime appointment. Originally the constitution required the supreme leader to be Marja'-e taqlid, the highest-ranking cleric in the religious laws of Usuli Twelver Shia Islam. In 1989, however, the constitution was amended and simply asked for Islamic "scholarship" to allow the supreme leader to be a lower-ranking cleric. As the Guardian Jurist (Vali-ye faqih), the supreme leader guides the country, protecting it from heresy and imperialist predations, and ensuring the laws of Islam are followed. The style "Supreme Leader" (Persian: رهبر معظم, romanizedrahbar-e mo'azzam) is commonly used as a sign of respect although the Constitution designates them simply as "Leader" (رهبر, rahbar). According to the constitution (Article 111), the Assembly of Experts is tasked with electing (following Ayatollah Khomeini), supervising, and dismissing the supreme leader. In practice, the Assembly has never been known to challenge or otherwise publicly oversee any of the supreme leader's decisions (all of its meetings and notes are strictly confidential). Members of the Assembly are elected by people in elections, and are approved by bodies (the Guardian Council) whose members are appointed by the supreme leader or appointed by an individual (Chief Justice of Iran) appointed by the supreme leader.

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Economy of Iran in the context of Nishapur

Nishapur (Persian: نیشاپور) or Neyshabur (نیشابور, [ˌnejʃɒːˈbuːɹ] ) is a city in the Central District of Nishapur County, Razavi Khorasan province, Iran, serving as capital of both the county and the district.

Nishapur is the second most populous city of the province in the northeast of Iran, situated in a fertile plain at the foot of Binalud Mountain Range. It has been the historic capital of the Western Quarter of Greater Khorasan, the historic capital of the 9th-century Tahirid dynasty, the initial capital of the 11th-century Seljuk Empire, and is currently the capital city of Nishapur County and a historic Silk Road city of cultural and economic importance in Iran and the Greater Khorasan region.

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