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Oil exports as percent of gdp iran

HomeViscarro6514Oil exports as percent of gdp iran
24.11.2020

16 Jul 2019 Yet, only 17 percent of the Iranian GDP in 2018 and 30 percent of the government's fiscal budget for the Iranian year 2019-2020 depend on  He said the decision was "intended to bring Iran's oil exports to zero, denying the As a result of the sanctions, Iran's gross domestic product (GDP) contracted  Crude Oil Exports for Iran, Islamic Republic of. Barrels Per Day, Annual, Not Percent of Non-oil GDP, Annual, Not Seasonally Adjusted2000 to 2020 (Oct 28). 10 Jan 2020 in drying up Iranian oil exports. As the following chart shows, Iran's GDP shrank by 9.5 percent last year according to IMF estimates. For 2020  28 Oct 2019 MENAP OEs: Growth for MENAP oil exporters, excluding Iran and conflict countries, will soften to 1.3 percent this year on lower and more 

Iran also ranks second in terms of production and export in OPEC. Iran is ranked as the second largest economy in the Middle East and North Africa in terms of GDP of about US$549 billion in 2012. Apart from oil and natural gas, the country's other natural resources include coal, chromium, GDP growth ( percentage), NA.

15 Sep 2009 High oil prices permitted Iran to increase its export earnings and amass over USD 68 In 2008 public debt amounted to 25 percent of GDP. 29 Apr 2019 The impact of U.S. sanctions on Iran's economy is spilling over into the "Growth in MENAP oil exporters is projected at 0.4 percent in 2019,"  23 Oct 2019 Only Libya (19% of GDP contraction) and Venezuela (35% of GDP contraction) the Iranian economy in 2019 due to "plummeting" oil and gas exports, along with goods over the past year has increased by that percentage. Iran: Exports of goods and services as percent of GDP: For that indicator, The World Bank provides data for Iran from 1960 to 2017. The average value for Iran during that period was 20.71 percent with a minimum of 3.73 percent in 1986 and a maximum of 47.37 percent in 1974. The latest value from 2017 is 24.94 percent. Iran had an estimated Gross Domestic Product (GDP) in 2017 of US$447.7 billion, and a population of 80.6 million people. Iran’s economy is characterized by the hydrocarbon sector, agriculture and services sectors, and a noticeable state presence in manufacturing and financial services.

Iran is an energy superpower and the Petroleum industry in Iran plays an important part in it. In 2004 Iran produced 5.1 percent of the world's total crude oil (3.9 million barrels (620,000 m 3) per day), which generated revenues of US$25 billion to US$30 billion and was the country's primary source

15 Sep 2009 High oil prices permitted Iran to increase its export earnings and amass over USD 68 In 2008 public debt amounted to 25 percent of GDP. 29 Apr 2019 The impact of U.S. sanctions on Iran's economy is spilling over into the "Growth in MENAP oil exporters is projected at 0.4 percent in 2019,"  23 Oct 2019 Only Libya (19% of GDP contraction) and Venezuela (35% of GDP contraction) the Iranian economy in 2019 due to "plummeting" oil and gas exports, along with goods over the past year has increased by that percentage. Iran: Exports of goods and services as percent of GDP: For that indicator, The World Bank provides data for Iran from 1960 to 2017. The average value for Iran during that period was 20.71 percent with a minimum of 3.73 percent in 1986 and a maximum of 47.37 percent in 1974. The latest value from 2017 is 24.94 percent. Iran had an estimated Gross Domestic Product (GDP) in 2017 of US$447.7 billion, and a population of 80.6 million people. Iran’s economy is characterized by the hydrocarbon sector, agriculture and services sectors, and a noticeable state presence in manufacturing and financial services.

In 2012, oil exports contributed to about 80% of Iranian public revenue, Oil export revenues enabled Iran to amass well over $135 billion in foreign exchange reserves as of December 2016. [38] [39] Iran ranked first in scientific growth in the world in 2011 and has one of the fastest rates of development in telecommunication globally.

Iran is the 46th largest export economy in the world and the 66th most complex economy according to the Economic Complexity Index (ECI). In 2017, Iran exported $53.7B and imported $49.9B, resulting in a positive trade balance of $3.84B. In 2017 the GDP of Iran was $454B and its GDP per capita was $20.8k. Iran's economy is marked by statist policies, inefficiencies, and reliance on oil and gas exports, but Iran also possesses significant agricultural, industrial, and service sectors. The Iranian government directly owns and operates hundreds of state-owned enterprises and indirectly controls many companies affiliated with the country's security In 2012, oil exports contributed to about 80% of Iranian public revenue, Oil export revenues enabled Iran to amass well over $135 billion in foreign exchange reserves as of December 2016. [38] [39] Iran ranked first in scientific growth in the world in 2011 and has one of the fastest rates of development in telecommunication globally. The government had projected $18.36 billion from selling oil this year, according to the news service. In fiscal 2017, revenue from oil reached more than $24 billion in the wake of relaxed U.S. sanctions, 45 percent more than in fiscal 2018. Iran Reports A Huge Drop In GDP As Sanctions Halt Oil Exports Iran's gross domestic product, including oil production, shrank 4.9 percent in fiscal year 2018-19 compared with the year before, according to the latest report by Statistical Center of Iran's (SCI). Although U.S. sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales remain strong, generating nearly $500 million a month, shipping data

7 Feb 2012 However, revenues from oil and gas accounted for 65 percent of Iran oil exports and total expenditure percent of Iran's GDP in 2009.20.

23 Oct 2019 Only Libya (19% of GDP contraction) and Venezuela (35% of GDP contraction) the Iranian economy in 2019 due to "plummeting" oil and gas exports, along with goods over the past year has increased by that percentage. Iran: Exports of goods and services as percent of GDP: For that indicator, The World Bank provides data for Iran from 1960 to 2017. The average value for Iran during that period was 20.71 percent with a minimum of 3.73 percent in 1986 and a maximum of 47.37 percent in 1974. The latest value from 2017 is 24.94 percent. Iran had an estimated Gross Domestic Product (GDP) in 2017 of US$447.7 billion, and a population of 80.6 million people. Iran’s economy is characterized by the hydrocarbon sector, agriculture and services sectors, and a noticeable state presence in manufacturing and financial services.