Iran's economy ranked 19 globally
According to new reports, Iran's economy has gained the rank 19 globally.
MojNews-According to new reports, Iran's economy has gained the rank 19 globally.
An Iranain economic official has said that this country is now the 19th largest economy in world, with a gross domestic product (GDP) of $1.81 trillion based on the purchasing power parity (PPP).
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year.
Head of Iran's Plan and Budget Organization Davood Manzour made the remark on Monday in a post on X, formerly known as Twitter.
He said in his post that the country plans to increase its current GDP to $2.5 trillion based on the PPPs within the next five years, which will fall on the 50th anniversary of the Islamic Revolution.
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