Economic Growth of Iran in ۲۰۱۴

Based on the recent appraisal published by the International monetary fund (IMF), it is expected that Iran's economy to be on the growth path in 2014 given the positive developments in external environment and the driving force generated from rial depreciation in the past.
Based on the Reporters Club, the latest IMF report titled Regional Economic Outlook: Central Asia and Middle East projected a recovery for Iran's economy in 2014. The report speculated that improvements in the outlook of foreign relations as well as the driving force resulting from depreciation in real rate of exchange would contribute to stabilization of Iranian economy in 2014. Oil and gas production would also stabilize. IMF has not modified its previous forecast of Iranian economic growth in 2014 and still believes that Iranian economy would experience a growth of 1.5 percent. The Iranian economic growth in Iran stood at -1.7 percent. It is also predicted that the inflation rate would fall from 35.2% to 23% this year. The report estimated the current account balance equal to 8.1% of GDP and further forecasted that the figure would drop to 5.2% this year.
Similar to previous year, the IMF report believes that the Iranian financial balance will remain negative. In 2013, the figure stood at -2.2% of GDP and is expected to reach 2.5% this year.