Iran’s GDP stands at $1tr despite economic war

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TEHRAN – The International Monetary Fund (IMF) has put the Islamic Republic of Iran’s GDP at 1 trillion dollars in the year 2021.

According to the IMF’s World Economic Outlook report released in October 2021, Iran is even ranked higher than regional countries such as Saudi Arabia and Turkey as two heavyweight economies, which are members of the G-20 group.

The statistics come as Iran has been under the heaviest illegal sanctions in history when Donald Trump officially withdrew the United States from the 2015 nuclear deal – JCPOA) – in May 2018 under his “maximum pressure” campaign against the Islamic Republic.

When Trump abandoned the JCPOA, his top hawkish diplomat Mike Pompeo said the U.S. will impose “the strongest sanctions in history” on Iran. Also in November 2018, John Bolton, who was the White House national security advisor at the time, said,…

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