Between the 60s and 70s Iran experienced a process of industrialization, thanks to the proceeds from the oil market. However, some structural shortcomings have prevented its full development, partly due to the political and religious tensions that mark the history of this country. The war with Iraq and the collapse in the price of oil have contributed to accentuating the economic difficulties of this nation.
| Full Name: | Islamic Republic of Iran |
| Form of government: | Islamic Republic |
| Head of State: | Mahmud Ahmadinejad |
| Currency: | Iranian Riyal (IRR) |
