GDP in Iran

Iran GDP | Economic News & Forecasts

Iran - GDP

Iran 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

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)-0.2  4.6  -1.3  13.4  -     

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Iran GDP Chart


Iran GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Bank of Iran.

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