Iran News ...


08/29/10

Economist decreases forecast on Iran's GDP growth

Source: Mehr News Agency, Tehran

Economist slashed down its previous forecast and predicted that Iran Gross Domestic Production will increase over $54 billion in the current year.

ISNA news agency cited Economist's August report stating that GDP rose from $361.2 billion last year to $415.5 billion this year. Next year this figure will rise to $488 billion the report stated.


GDP real growth rates for 2007
See:
Gross Domestic Product (Wikipedia)
 

It is believed that in the Iranian calendar year of 1391 (starting March 2012) GDP will reach $580.8 billion.

In 1392, it will reach $686 billion and in the following year the figure will be $797 billion according to latest forecast by the Economist magazine.

Related Article: Iran's GDP to grow by $55.5B- The Economist - 4/6/10

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