GDP in Iran
Iran - GDPIran’s economy expanded at a considerable pace during the first half of SH 2016, which began on 20 March, powered by rising oil production and exports due to the lifting of economic sanctions. However, analysts warned that growth was failing to trickle down to ordinary people, with unemployment rising over the period. The start of the 2017 calendar year has seen a particular ratcheting up of tensions with the U.S. since the country announced on 27 January a 90-day visa suspension for Iranian citizens, followed soon after by fresh sanctions affecting entities and individuals linked to Iran’s missile program and armed groups in the Middle East; this is likely to make it more difficult for Iran to court already wary foreign investors and attract much-needed capital.
Iran - GDP Data
|Economic Growth (GDP, annual variation in %)||3.7||-6.6||-1.9||4.3||-|
5 years of economic forecasts for more than 30 economic indicators.
Note: Annual variation of gross domestic product (GDP) in %.
Iran GDP Chart
Source: Central Bank of Iran.
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