Domestic Economy

Official puts Iran’s GDP at $1.81 trillion

Head of Iran’s Plan and Budget Organization Davood Manzour has said that this country is now the 19th largest economy in the world, with a gross domestic product (GDP) of $1.81 trillion based on the purchasing power parity (PPPs).

Macro Economy

IMF puts Iran’s 2023 economic growth at 5.4%

The International Monetary Fund (IMF) has announced that Iran’s economy grew by 5.4% in 2023.

Macro Economy

Supreme Leader hails growth of Iranian private sector

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has appreciated the significant growth of Iranian private sector producers.

Iran Economy

“Iran’s economy can grow by 2.5 times in medium term”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has said the potential capacity of Iran’s economy can be developed up to 2.5 times the current capacity in the medium term, producing some $1000 billion.

Iran Chamber

Iran government seeks to lower pressure on small taxpayers

Head of the Iranian National Tax Administration (INTA) says the country’s government seeks to reduce pressure on small taxpayers and is instead focused on taking taxes from major companies.

Macro Economy

Iran grants more tax exemptions to populated families

The Iranian National Tax Administration (INTA) has plans to grant more tax exemptions to populated families, according to an INTA spokesman.

Iran Economy

UN data puts Iran’s economic growth at 3% in 2023

The United Nations announced a three-percent economic growth for Iran in 2023, saying it surpassed the economic growth rates of 99 countries and stood in the second rank in the Middle East region.

Macro Economy

Iran private sector welcomes CBI’s introduction of offshore rial

Iran private sector has welcomed a plan by the Central Bank of Iran (CBI) to use offshore rial in trade exchanges with Iraq and Afghanistan.

Iran Chamber

Iran to launch offshore rial by late March: CBI chief

Governor of the Central Bank of Iran (CBI) Mohammad-Reza Farzin has said that the country is scheduled to finalize a plan for using “offshore rial” in exchanges with a number of neighboring countries by the end of the current calendar year to March 20.

Financial Markets

Iranians’ per capita income grows 3% in 2022: WB

The World Bank (WB) said that the national per capita income of Iranians registered a three percent growth in 2022, adding that Iran ranked 61st among 123 countries in the world in this respect.

Iran Economy

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