Israel’s has now quintupled Iran’s GDP per capita. Canada has the fourth-highest estimated value of natural resources of $33.2 trillion. Iran gdp for 2017 was $454.01B, a 8.36% increase from 2016. Like Iran, Israel has a robust indigenous arms industry , which grew out of necessity because of its isolation in its early decades, although Israel’s defense corporations are now well integrated into the global arms market.

NOTE: 1) The information regarding Iran on this page is re-published from the 2020 World Fact Book of the United States Central Intelligence Agency and other sources. GDP at purchaser's prices is … Iran gdp for was $0.00B, a NAN% decline from . The GDP of Iran contracted in 2018/19 and 2019/20 and modest rebound is expected in 2020/2021 according to an April 2020 World Economic Outlook by the IMF. Israel is close to Iran’s total GDP even though Iran has nearly 10 times the population. The economy likely declined at an unprecedented rate in recent months, undermined by Covid-19 and U.S. economic sanctions. When Iran says Israel won’t exist in 2040, perhaps it is talking about itself. The data reached an all-time high of 22.7 % in Jun 1992 and a record low of -16.0 % in Sep 2008.

The data reached an all-time high of 22.7 % in Jun 1992 and a record low of -16.0 % in Sep 2008. Featured analysis.

May 12, 2020.

The Gross Domestic Product (GDP) in Iran expanded 2.6 % YoY in Jun 2018, following a growth of 2.9 % in the previous quarter. Margin between US and China is coming down in nominal ranking as China gdp growth rate of 2020 (5.82%) is much higher than US's 2.09%. What countries have the largest debt in the world? $7.15. Iran’s economic freedom score is 49.2, making its economy the 164th freest in the 2020 Index. Population; Economy; Trade; Health; Education; Development; Labor Force; Environment; Crime; Immigration; Other; GDP; GDP Growth Rate; GDP Per Capita; GNI; GNI Per Capita; Debt to GDP ; GNP; Inflation Rate; Economic Growth; Manufacturing; NOTE: All 2020 and later data are UN projections and DO NOT include any impacts of the COVID-19 virus.

Real GDP Growth YoY data in Iran is updated quarterly, available from Jun 1989 to Jun 2018, with an average rate of 4.1 %. With a population of 82.8 million people, Iran’s economy is characterized by the hydrocarbon, agriculture, and services sectors, as well as a noticeable state presence in manufacturing and financial services. As of 2020, United States and China would occupy first two places in world gdp ranking of both methods. Learn which countries rank as being one of the top 20 economies in the world. Canada’s GDP is expected to rise to $2.13 trillion by 2023. Estimates suggest that Iran’s GDP has now decreased by about 15 percent as a result of the disruption to businesses, and that the economy will shrink further compared to last year. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Real GDP Growth YoY data in Iran is updated quarterly, available from Jun 1989 to Jun 2018, with an average rate of 4.1 %. Iran’s GDP has never recovered to its pre-revolution levels.

NOTE: All 2020 and later data are UN projections and DO NOT include any impacts of the COVID-19 virus. The dislocation caused by the epidemic, including lower Chinese demand for oil, will further weaken Iran's already depressed economy. The main reason for such a high inflation rate is the falling value of Iran’s currency mostly due to U.S. sanctions. Oil production continued to reel in Q1 and energy exports were likely further suppressed due to weak Chinese demand. Debt to GDP Ratio by Country 2020. Iran currently has the world’s highest inflation rate … IMF says inflation rate in Iran in 2019 was 41.1 percent and in 2020 it will hover around 34.2 percent. while on ppp basis, China is ahead by almost equal margin of Int. Canada’s per capita GDP of $46,260.71 is ranked 20th globally while its GDP (PPP) of $1.84 trillion is ranked 17th globally. Economy | June 30th 2020 Middle East weekly brief: MENA currencies under strain. On nominal basis, US is ahead of China by $7.05 trillion. In 2019, Iran spent $17.4 billion—or 3.8 percent of its GDP—while Israel spent $19.3 billion—or 5 percent of its GDP—on defense, according to IISS data. Real GDP is forecast to contract sharply in 2020, by 12%. Iran GDP 1960-2020. No claims are made regarding the accuracy of Iran Economy 2020 information contained here.

Iran gdp for 2016 was $418.98B, a 8.58% increase from 2015.

The U.S has been the global leader since 1871, but China may soon change that with its amazing growth. Iran gdp for was $0.00B, a 100% decline from 2017. And this is before US sanctions kicked back in.

UK gross domestic product (GDP) is estimated to have fallen by 2.0% in Quarter 1 (Jan to Mar) 2020, following flat GDP in the fourth quarter (Oct to Dec) of 2019. The Gross Domestic Product (GDP) in Iran expanded 2.6 % YoY in Jun 2018, following a growth of 2.9 % in the previous quarter. Nearly all sectors of the economy have been hit hard by the pandemic. Iran ranks second in the world in natural gas reserves and fourth in proven crude oil reserves. Iran’s Gross Domestic Product (GDP) in 2019/20 is estimated at US$463 billion.

Iran Economic Outlook.