Iran Country profile

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January 2019
Iran lags most of its regional peers on measures of growth, per capita incomes, business climate and creditworthiness. It is the second largest economy in the Middle East and North Africa and Pakistan region (MENA) after Saudi Arabia. The reimposition of US sanctions, forecast halving of oil production and extremely high inflation rates puts Iran at significant
risk of stagflation in the future.
Figure
This chart is a cobweb diagram showing how a country measures up on four important dimensions of economic performance—per capita income, annual GDP growth, business climate and credit worthiness. Per capita income is in current US dollars between 2018 and 2023 as provided by the IMF. Annual GDP growth is the average between 2018 and 2023. Business climate is measured by the World Bank’s Ease of Doing Business ranking of 190 countries. Creditworthiness attempts to measure a country's ability to honour its external debt obligations and is measured by its OECD country credit risk rating. The chart shows not only how a country performs on the four dimensions, but how it measures up against other comparable countries.