ID :
98129
Mon, 01/04/2010 - 18:08
Auther :
Shortlink :
http://m.oananews.org//node/98129
The shortlink copeid
The Economist: Iran GDP to rise $21.6b this year
TEHRAN, Jan.4 (MNA) –- The Economist while reiterating its former forecast reported an over $21.6 billion rise in Iran’s Gross Domesticl Product (GDP) in the current year.
The Economist’s December 2009 report indicated that Iran’s GDP would expand twofold in the next five years.
Iran’s GDP in 2010 will be $414 billion which is $55 billion more than last year. The report also predicted a $75.5 billion growth for the 2011 figure to $489.5 billion, The Economist reported.
The growing trend of GDP in Iran will also continue so that the figure is expected to hit $587.7 billion in 2012 and $697.4 billion in 2013.
GDP is a basic measure of a country's overall economic output. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living.
The Economist’s December 2009 report indicated that Iran’s GDP would expand twofold in the next five years.
Iran’s GDP in 2010 will be $414 billion which is $55 billion more than last year. The report also predicted a $75.5 billion growth for the 2011 figure to $489.5 billion, The Economist reported.
The growing trend of GDP in Iran will also continue so that the figure is expected to hit $587.7 billion in 2012 and $697.4 billion in 2013.
GDP is a basic measure of a country's overall economic output. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living.
