GDP in Iran
Iran - GDPAccording to data released by the Statistical Institute, the economy stumbled in the first half of SH 2018, with manufacturing and agriculture contracting in annual terms, and the service sector expanding only slightly. The economy is likely to perform poorly in H2, although November’s waivers and OPEC’s recent agreement to exempt Iran from production cuts should support the oil sector. In December, the government presented the draft budget for SH 2019. The bill seeks to diversify the economy away from oil production, and to facilitate job creation and domestic production.
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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