TEHRAN- The International Monetary Fund (IMF) in its most up-to-date report on the countries’ gross domestic solution primarily based on getting energy parity – GDP (PPP)-, ranked Iran the 22nd in the planet in 2022, Tasnim news agency reported on Friday.

In this report, the IMF announced the GDP of 193 nations in the planet, such as Iran, in the earlier year.

According to the calculations of this international organization, Iran’s GDP primarily based on the getting energy parity, has reached $1.596 trillion in 2022, which has improved by $141 billion compared to the preceding year.

With its GDP (PPP) of $1.596 trillion in 2022, Iran has been recognized as the 22nd biggest financial energy in the planet in the previous year, according to which Iran’s economy is larger than the economies of 171 other nations in the planet.

Iran’s economy ranks 22nd amongst 193 nations in the planet, even though the nation is beneath the most extreme sanctions imposed on a country’s economy in history.

The Globe Bank, in its most up-to-date Middle East and North Africa (MENA) Financial Update report, released on April six, predicted that the Iranian economy grows by two % in 2023.

The bank in its report titled “Growth Slows for Most MENA Economies Amid Double-Digit Meals Inflation”, announced that 15 nations in the MENA area will have reduce financial development in 2023 than the earlier year. 

In its most up-to-date report on the financial circumstance of the Middle East and North Africa area, the Globe Bank has predicted a 3 % development for the region’s economy in 2023.

At the identical time, Iran is amongst the nations that will expertise the lowest drop in its financial development in 2023. The Globe Bank has predicted that Iran’s financial development will attain two % this year. Iran knowledgeable a two.7 % development in its economy in the earlier year.

Back in January, the Globe Bank, in its most up-to-date International Financial Prospects (GEP) report, saw the Iranian economy expanding by two.two % in 2023, regardless of a sharp, lengthy-lasting slowdown in the worldwide economy.

“Our most up-to-date forecasts indicate a sharp, lengthy-lasting slowdown, with worldwide development declining to 1.7 % in 2023 from three. % anticipated just six months ago,” the report study.

Following the worldwide economy, the Islamic Republic of Iran’s financial development in 2023 was also revised down by .five percentage points, to two.two %, on account of slower development in important trading partners.

Primarily based on the report, the deterioration in the worldwide economy is broad-primarily based in practically all regions of the planet in the present year, and per-capita revenue development will be slower than it was through the decade prior to COVID-19.


By Editor

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