The economy of Iran is a mixed and transition economy with a large public sector. Some 60 percent of the economy is centrally planned. It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange, one of the best performing exchanges in the world over the past decade.] With 10 percent of the world’s proven oil reserves and 15 percent of its gas reserves, Iran is considered an “energy superpower”.

It is the world’s eighteenth largest by purchasing power parity (PPP) and twenty-nine by nominal gross domestic product. The country is a member of Next Eleven because of its high development potential

GDP                     Nominal: $416.5 billion
                               PPP: 1.357 trillion(IMF, 2014 est.)

GDP Rank             29nd (nominal) / 18th (PPP)

GDP growth      Increase 0.5%

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