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economic growth

IMF forecasts Iran economy to grow by 3% in 2022

The International Monetary Fund (IMF) expects the Iranian economy will continue to grow in 2022 despite continued pressure on the country because of American sanctions and the economic impacts of the coronavirus pandemic.

Macro Economy

World Bank updates Iran’s economy growth for 2022

The World Bank has revised up its forecast for Iran’s gross domestic product (GDP) growth in 2022, expecting the country’s economy to grow 3.7 percent this year.

Macro Economy

Iran’s nine-month economic growth hit 5.1%

The Statistical Center of Iran’s newly released data show the economy grew by 5.1% in Q1-3 of the current fiscal year (March 21-Dec. 21, 2021) compared with the preceding year’s corresponding period.

Macro Economy

US sanctions hinder Iran’s robust economic recovery

Iran’s economy would unlikely be restored to a robust level if major U.S. sanctions on the country remain, recent researches and opinions indicated.

Macro Economy

IMF predicts 2.5% rise in Iran’s GDP in 2021

The International Monetary Fund expects Iran’s economy to grow by 2.5% in 2021.

Macro Economy

Iran economy out of recession: CBI chief

Iran’s economy has come out of recession following two consecutive quarters of growth, says the Central Bank of Iran’s governor.

Macro Economy

Agriculture remains main driver of growth in Iran

The agriculture sector remains the main driver of growth in Iran’s economy, the data released by the Statistical Center of Iran (SCI) shows.

Macro Economy

IMF cuts Iran’s 2021 growth forecast by 0.2%

The International Monetary Fund (IMF) has predicts that Iran’s economy will grow by 3% in 2021. The IMF had predicted in October that Iran’s growth would reach 3.2% this year.

Macro Economy

Iran economy could rebound to 4.4% growth if US sanctions lifted: IIF

Iran’s economy could grow 4.4% next year if U.S. President-elect Joe Biden lifts sanctions that have contributed to a deep three-year recession, although the COVID-19 crisis could limit foreign investment, the Institute of International Finance (IIF) said.

Macro Economy

IMF expects Iran economy to shrink 5% in 2020

IMF’s October World Economic Outlook shows that Iran’s economy would shrink by 5.0 percent in 2020. The IMF report expected the country’s gross domestic product (GDP) to grow by 3.2 percent in 2021.

Macro Economy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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