IMF Predicts 3% Iran Growth in 2022

The International Monetary Fund is expecting Iran’s economy to grow by 3% in 2022.
In a new World Economic Outlook report titled “War Sets Back Global Recovery”, IMF say the country’s economy expanded by 4% in 2021. Its predictions for 2023 and 2027 are at 2%.
The IMF has put Iran’s 2014-20 GDP growth at 5%, -1.4%, 8.8%, 2.8%, -2.3%, -1.3% and 1.8% respectively with the 2004-13 average at 2.5%.
“Global economic prospects have worsened significantly since our last World Economic Outlook forecast in January. At the time, we had projected the global recovery to strengthen from the second quarter of this year after a short-lived impact of the Omicron variant. Since then, the outlook has deteriorated, largely because of Russia’s invasion of Ukraine — causing a tragic humanitarian crisis in Eastern Europe — and the sanctions aimed at pressuring Russia to end hostilities,” reads the report’s introduction.