GDP in Iran
Iran - GDPIran fell deeper into the economic quagmire on 7 August when the first round of U.S. sanctions came into effect. Moreover, oil exports have started to decline sharply ahead of the November sanctions, which will include secondary sanctions against countries that buy Iranian oil. Iran is expected to have shipped 2.1 million barrels per day (mbpd) in August, significantly down from April’s peak of around 3.1 mbpd in April. As a result of rapidly deteriorating economic conditions, President Hassan Rouhani and his reformist camp are under pressure and, in recent days, the parliament ousted the labor and the economy and finance ministers and impeached two more.
Iran - GDP Data
|Economic Growth (GDP, annual variation in %)||-0.2||4.6||-1.3||13.4||-|
5 years of economic forecasts for more than 30 economic indicators.
Iran GDP Chart
Source: Central Bank of Iran.
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