22 April 2018 - 17:10

Iran's Economic Growth above Global Rate

International institutes forecast Iran's economic growth in 2018 positive and over global growth rate.
News ID : 84913
پرچم ایران

According to the World Bank's projection, Iran's economic growth in 2018 is roughly 4.1 percent, while Persian Gulf oil producing countries' economic growth is less than 3 percent.

World Bank's projection about Qatar, Iraq, Emirates and Oman's economic growth is 2.8 percent, 2.5 percent, 2.5 percent and 2.3 percent respectively. The bank predicted Saudi Arabia's economic growth as the biggest OPEC oil producer 2.1 percent in 2018.

Also the International Monetary Fund in its latest report predicted that Iran's economic growth is steadily 4 percent in 2018 and 2019. Iraq has the highest economic growth after Iran with 3.1 percent and Qatar, Emirates, Kuwait and Saudi Arabia's economic growth is 2.6%, 2%, 1.3% and 1.7% respectively based on IMF's projection.

Iran's economic growth rate in 2018 and 2019 is over the average rate of the Middle East countries, North Africa and Pakistan and this trend happened in 2017.

The International Monetary Fund forecast the global economic growth in the current year is 3.9 percent, while it is seen approximately 3.9 percent in 2019, so it is expected that Iran's economic growth rate be over the global rate in next two years.

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