Real GDP growth

Iran is the second largest economy in the Middle East and North Africa (MENA) region after Saudi Arabia, with an estimated Gross Domestic Product (GDP) of USD 403 billion in 2014. It also has the

 

Figure 1-7: Real GDP Growth Rate

11

Source: World Bank (Note: data for 2014 has not been issued yet)

Second largest population of the region after Egypt, with a population of 77.7 million individuals in 2014. Its economy is characterized by a large hydrocarbon sector, small scale agriculture and services sectors. Aggregate GDP and government revenues still depend to a large extent on oil revenues and are therefore intrinsically volatile. Iranian authorities have adopted a comprehensive strategy encompassing market-based reforms as reflected in the government’s 20-year vision document and Iran’s fifth Five-Year Development Plan (FYDP, 2011-15). Data are in constant 2011 international dollars.

 

Figure 1-8: GDP per capita, PPP (current international $)

current international

Source: World Bank (Note: data for 2014 has not been issued yet)

Figure 1-9: GDP USD Billion Dollar

13

Source: World Bank (Note: data for 2014 has not been issued yet)

Figure 1-10: GDP composition

14

Source: World Bank (Note: data for 2014 has not been issue)