The International Monetary Fund (IMF), in its latest World Economic Outlook Report dubbed “Navigating Global Divergences”, has positively revised its forecast for Iran’s gross domestic product (GDP) growth in 2023, expecting the country’s economy to grow 3.0 percent this year.
Based on the report, Iranian economy has improved 10 places among the world’s 191 countries to stand at the 90th place above the UK, the Netherland and Hungary.
The Islamic Republic stood at the 100th place among the world’s economies in 2022, according to the IMF’s previous reports. The fund had estimated the Islamic Republic’s GDP growth at 2.5 percent for 2023, in its previous report published in July.
The entity also revised its estimation for the Islamic Republic’s economic growth in 2022, putting the country’s GDP growth for the mentioned year at 3.8 percent. In the July report, Iran’s economic growth for 2022 was estimated to be 3.5 percent.—Tehran Times
