Hike in Iran global GDP share: Economist
The Economist Intelligence Unit stated in its October 2009 report that Iran's share of Global Gross Domestic Product in the past year was 0.57 percent, and predicted that in this year it will be 0.65 percent, and next year it will increase to 0.71 percent.
The magazine predicted that in the next five years Iran will have a positive trend in Global GDP going up to 0.71, 0.79, 0.89, 0.98 and 1.07 percent, respectively.
GDP is gross domestic product. For a region, the GDP is "the market value of all the goods and services produced by labor and property located in" the region, usually a country. It equals GNP minus the net inflow of labor and property incomes from abroad.