Reviewing the economic growth of 72 countries over 2022, the World Bank’s report titled Global Economic Prospects showed that Iran's economy had experienced a significant growth rate of 5% in the first quarter of last year, according to figures cited in a Saturday report by the IRNA.
The growth rate went down by 2.5% in the second quarter but rose again in the third quarter and reached 3.4%, showed the figures.
Iran's economic growth reached 4.7% in the fourth quarter of 2022 while the average economic growth of developed countries was only 1.2% over the period.
The World Bank has predicted a 2.2% growth for Iran's economy in 2023, a figure which is higher than the average growth forecast for the global economy despite the fact that the country is still under sanctions imposed by the United States.
6125**7129**4261