Central Bank of The Islamic Republic of Iran - Key Statistics - Foreign Reserves - Oil Revenues

See also: Iran's oil and gas revenues and Supreme Audit Court of Iran
  • Oil revenues: Foreign currency proceeds from crude sales are managed by the Central Bank. According to Farda newspaper, the difference between President Ahmadinejad administration's revenues and the amount deposited with the Central Bank of Iran exceeds $66 billion. This amount is broken down as follows:
  1. $35 billion in imported goods (2005–2009),
  2. $25 billion in oil revenues (2005–2008),
  3. $2.6 billion in non-oil export revenues,
  4. $3 billion in foreign exchange reserves.
This is a large number as it is equal one-tenth of Iran's total oil revenues since the 1979 revolution.

Read more about this topic:  Central Bank Of The Islamic Republic Of Iran, Key Statistics, Foreign Reserves

Other articles related to "oil, oil revenues, revenues":

Gabon - Economy
... Gabon's economy is dominated by oil ... Oil revenues comprise roughly 46% of the government's budget, 43% of gross domestic product (GDP), and 81% of exports ... Oil production is now declining rapidly from its high point of 370,000 barrels per day in 1997 ...
Al-Kadafi - Economic Policies
... When the rising international oil prices began to raise Gaddafi's revenues in the 1970s, Gaddafi spent much of the revenues on arms purchases and on sponsoring his ... It benefited greatly from revenues from the petroleum sector, which contributed most export earnings and 30% of its GDP ... These oil revenues, combined with a small population and by far Africa's highest Education Index gave Libya the highest nominal GDP per capita in Africa ...

Famous quotes containing the word oil:

    Oh Gull of my childhood,
    cry over my window over and over, take me back,
    oh harbors of oil and cunners, teach me to laugh
    and cry again that way that was the good bargain
    of youth....
    Anne Sexton (1928–1974)