Iran’s Economic Growth Exceeds That of 99 Countries in 2023: UN

The United Nations pointed to a three-percent economic growth for Iran in 2023, saying it surpassed the economic growth rates of 99 countries and stood in the second rank in the Middle East (ME) region.

News ID: ۸۱۸۵۵۵

08 January 2024

The UN Department of Economic and Social Affairs in its latest report on “World Economic Situation and Prospects 2024” put Iran’s economic growth in 2023 at three percent and expected that Iran’s economy will grow by 2.4 percent in 2024.

Among the 180 countries in the world, Iran’s economic growth was more than that of 99 countries in 2023, the report stated, adding that Iran stood in the 81st place in terms of economic growth.

Guyana had the maximum economic growth among countries in the world in 2023 with a 32.5-percent growth rate.

Timor-Leste, a Southeast Asian nation, had the lowest economic growth in the world in 2023, the report added.

The statistics of the United Nations indicate that the average economic growth of 12 Middle Eastern countries in 2023 was less than one percent. So Iran’s economy grew three times that of the average economic growth in the region.

After Bahrain with a 3.1 percent economic growth, Iran had the highest economic growth last year compared to other countries in the Middle East. / Tasnim