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

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