Iran's GDP Growth Slows Despite Government Spending And Oil Support

Dalga Khatinoglu
Dalga Khatinoglu

Oil, gas and Iran economic analyst

Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023.
Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023.

Data from the Statistical Center of Iran shows that the country’s GDP growth has been slowing, while remaining growth is fueled by higher government spending and more oil production.