Page 13 - IRANRptAug21

Sanctions drive
Trump’s sanctions drive against Iran kicked in halfway through 2018, a year that brought a GDP contraction of 6%, according to the World Bank. Things worsened in 2019 as the sanctions screw was tightened, with economic output falling 6.8%. The World Bank estimated it to decline by 3.7% in 2020.
Iran - Main Macro Indicators
Nominal GDP (USD mn) 223,333.3 (Sep 2020)
Real GDP Growth (%) 4.8 (Sep 2020)
Nominal GDP Growth (%) 54.46 (Dec 2020)
GDP per Capita (USD) 6,996.71 (2020)
GDP Deflator Growth (%) 31.6 (Sep 2020)
Private Consumption Expenditure (USD mn)
109,928.57 (Dec 2020)
Private Consumption: % of GDP (%) 48.9 (Dec 2020)
Public Consumption Expenditure (USD mn)
21,738.10 (Dec 2020)
Public Consumption: % of GDP (%) 9.7 (Dec 2020)
Investment: % of GDP (%) 26.2 (Dec 2020)
Gross Fixed Capital Formation (USD mn)
58,976.19 (Dec 2020)
Gross National Product (USD mn) 581,697.96 (2019)
Gross Savings Rate (%) 41.5 (Dec 2020)
Source: CEIC Data
13 IRAN Country Report August 2021 www.intellinews.com