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19.07.24 14:17

Economics

Iran's economy to grow by 3.3 per cent in 2024

The growth rate will be 4.3 per cent in developing countries

According to the International Monetary Fund (IMF), Iran's GDP will expand by 3.3 per cent in 2024. This was reported by Mehr News Agency, a partner of TV BRICS.

The international monetary authority projects that the global economy will grow at an average pace of 3.2 per cent in 2024, which is a little less than it predicted a year earlier, according to its most recent Global Economic Outlook report.

Furthermore, the World Bank forecasts that, in comparison to the previous year, Iran's exports of products and services will surpass 7.1 per cent in 2024.

Additionally, the experts predict that in 2024, the nation's goods imports will increase by 1.8 per cent over the previous year.

The International Monetary Fund projects 3.3 per cent economic growth in 2023. According to analysts, the percentage in developing nations will be 4.3 per cent by 2024.

Photo: iStock

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