IMF reports growth in Iran’s export of goods, services
Baku, Azerbaijan, May 2
By Farhad Daneshvar – Trend:
Iran’s export of goods and services amounted to $102.4 billion in 2016, the International Monetary Fund’s latest Regional Outlook for the Middle East and Central Asia said.
According to the report, the figure grew by $27.5 billion compared to the preceding year.
IMF suggested that the amount is expected to reach $114.7 billion in 2017 and $117.7 billion in 2018.
The fund also suggests that the Middle Eastern nation is expected to see non-oil growth accelerate from 0.75 percent in 2016 to almost 3.5 percent in 2017.
While the report says Iran’s GDP growth will stand at 3.3 percent in 2017, the country’s nominal GDP is projected to stand at $368.5 billion in the current year.