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According to the International Monetary Fund, Iran is a "transition economy", i.e., changing from a planned to a market economy. The United Nations classifies Iran's economy as semi-developed. In 2014, Iran ranked 83rd in the World Economic Forum's analysis of the global competitiveness of 144 countries.
Oct 20, 2022 · Iran’s economy is characterized by its hydrocarbon, agricultural, and service sectors, as well as a noticeable state presence in the manufacturing and financial services. Iran ranks second in the world for natural gas reserves and fourth for proven crude oil reserves.
May 1, 2023 · Iran ’s hardline government, led by President Ebrahim Raisi, is under mounting domestic pressure to deliver on its economic promises — notably to contain prices that have soared as US sanctions...
Apr 14, 2022 · Iran’s economy is slowly emerging from a decade-long stagnation bogged by two rounds of economic sanctions, marked oil price cyclicality, and the COVID-19 pandemic. Despite adjustments that partially mitigated the impact of external shocks, the economy remains constrained by widespread inefficiencies and price distortions that have ...
Access the latest politics analysis and economic growth summary through 2011 for Iran from The Economist Intelligence Unit
1 day ago · The woman next to her, Fatima, 48, a homemaker, was bitterly angry, especially at the United States for the sanctions, which she blames for Iran’s economic problems. “These problems, the ...
Apr 2, 2021 · Iran’s economic outlook hinges on the evolution of the COVID-19 pandemic and the pace of global economic recovery. The GDP recovery is projected to be slow and gradual due to a slow vaccination rollout and weak demand from regional trading partners.
GDP (current US$) - Iran, Islamic Rep. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map. Label. 1960 - 2022.
Feb 9, 2022 · What are the key drivers of Iran’s economy in 2022? And how have they changed since 1979? Iran’s economy is driven primarily by the services sector – education, health care, communications, banking, insurance and the like – which accounted for about half of economic output and total employment in 2019/20.
Feb 2, 2022 · Iran’s economy reveals power and limits of US sanctions. United States sanctions drove Iran into a two-year recession. The economy is now growing, but the upside is limited.
