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FinancialNews
17-10-22
IMF estimates Iran’s present account balance to surge almost USD21b this year
(MENAFN) International Monetary Fund (IMF), in its most recent expectations of the world’s macroeconomic measurements, has witnessed Iran’s present account balance raise by USD20.886 billion this year.
According to the IMF figures, Iran’s account balance amounted to USD32.031 billion this year from USD11.145 billion in 2021.
In line with the fund, the nation’s Gross Domestic Product (GDP) according to buying power parity amounted to USD1.6 trillion as of this year, marking a surge of USD150 billion from USD1.45 trillion in the year before.
The IMF registered the Islamic Republic’s GDP per capita at USD18,660 this year, jumping USD1,580 from last year in which the number reached an amount of USD17,080.
The fund, in its most recent World Economic Outlook report named “Countering the Cost-of-Living Crisis” posted on the 11th of October, forecasted that Iran's economy is going to witness an optimistic expansion of three percent this year, after its rising trend for the third year in a row.
MENAFN17102022000045014228ID1105030937
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