Iran economic losses from conflict could reach 40% of GDP - FDD

The Foundation for Defense of Democracies (FDD) estimates that Iran’s economic losses from the ongoing conflict could total between $50 billion and $300 billion, or roughly 40 percent of pre-war GDP, in a preliminary assessment of the war’s impact.

The report says Iran’s opaque financial system, large informal economy, and wartime conditions make precise estimation difficult, and notes that several major cost categories, including human capital losses and reconstruction costs, were not included in the model.