1 July 2024
2024/01/12 - 21:40 View: 138

Economic Outlook for Iran in 2024 According to the International Monetary Fund

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Economic Outlook for Iran in 2024 According to the International Monetary Fund

 

The International Monetary Fund (IMF), in its assessment of Iran's economic prospects for the upcoming year, projects a $1.8 trillion economy, a 15% reduction in inflation, a 7% increase in exports, and an 8% decrease in imports.

 

This report estimates a 4.8% increase in Gross Domestic Product (GDP) based on Purchasing Power Parity (PPP) and a 2.5% economic growth for the new year.

 

Additionally, the IMF anticipates an improvement in Iran's current account balance, forecasting a $1.6 billion increase (12.8% growth) to reach $14.1 billion in the upcoming year.

 

https://www.imf.org/en/Countries/IRN

https://www.imf.org/external/datamapper/profile/IRN

 

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