IMF foresees Iran’s 2025 growth at 0.6%, with modest rebound in 2026
The International Monetary Fund (IMF) projected Iran’s real gross domestic product (GDP) to grow by 0.6% in 2025, with a rise expected to improve slightly to 1.1% in 2026, according to its latest outlook released in October.
Iran’s economy has been under Western sanctions for decades over its nuclear program, which continues to weigh on growth prospects and access to global markets.
The United Nations also reinstated an arms embargo and other sanctions on the country on September 29, following a “snapback” process triggered by European powers in response to concerns over Tehran’s nuclear activities.
According to the report, the inflation is projected to stay high at 42.4%.
The fund on Tuesday raised its global economic growth forecast for 2025 to 3.2% from 3%, while keeping it stable at 3.1% for 2026.
An IMF report said that despite the forecast's increase from the previous report, global economic growth is projected to slow from 3.3% in 2024 to 3.2% in 2025 and 3.1% in 2026 amid "policy shifts and complex forces."