Oil Production in Iran
In the year 2024, the oil production in Iran was IRR 3.25 million, compared to IRR 2.76 million in 2014 and IRR 2.85 million in 2023. It averaged IRR 2.90 million over the last decade.
Iran Oil Chart
Note: This chart displays Oil Production (mn barrels per day, aop) for Iran from 2014 to 2024.
Source: Macrobond.
Iran Oil Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Oil Production (mn barrels per day, aop) | 1.99 | 2.40 | 2.55 | 2.85 | 3.25 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Iranian oil projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable oil forecast available for Iranian oil.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Iranian oil projections.
Want to get access to the full dataset of Iranian oil forecasts? Send an email to info@focus-economics.com.