iran economic data

In the parallel market, the rial has depreciated more moderately against the dollar in 2019/20 after recovering from a strong decline in mid-2018 due to a surge in speculative foreign exchange demand. Looking ahead, with negative economic growth and high inflation, poverty may have increased, as it was compounded by higher gasoline prices in November 2019. Government net disposal of financial assets to finance borrowing requirements remained high as a share of revenues (10.4%) in 2018/19 but lower than the peak in 2016/17 (11.6%). © 2020 – Syracuse University. FRED: Download, graph, and track economic data.

Find out what the Bank Group's branches are doing in the region. Economic History of Iran (Several articles, covering from the pre-Achaemenid period to the modern era) - Encyclopedia Iranica; Iran's Foreign Trade Regime (Many historical data and statistics about Iran's economy) - Ministry of Commerce (Iran) History of Banking in Iran; Iran's Third Development Plan: an Appraisal by Dr. Jahangir Amuzegar In 2019, real GDP growth for Iran was -7.6 %.

The stagnating trajectory of the economy is also likely to put further pressure on labor market dynamics and job creation.Poverty in Iran, measured at the World Bank’s upper middle-income threshold of US$5.5 per day (2011 PPP), declined to 8% in 2013 after the 2010 universal cash transfers program. Facing additional exogenous shocks—including the COVID-19 outbreak in 2020—GDP is expected to further contract in 2020/21. Where available, the spreadsheets comprise not only the latest data, but also time-series data spanning several decades.

News: Economy Mahmoud Hakamian-9th May 2020. GDP growth is projected to be 0.6% in the region in 2019, a fraction of what is needed to create enough jobs for the fast-growing working-age population in the Middle East and North Africa region.

- … EN Global data and statistics, research and publications, and topics in poverty and development Iran's economy is marked by statist policies, inefficiencies, and reliance on oil and gas exports, but Iran also possesses significant agricultural, industrial, and service sectors. The Mashreq region has seen more than its share of deaths, economic losses, and instability for the last decade. By October 2019, Iran's crude oil production had fallen to 2.1 million bpd on average, according to Opec's data.

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iran economic data

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