Iran in the Lead
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💰 Top Savers in the World
In 2023, Iran's gross domestic savings reached a staggering 52,675,294,000,000,000 LCU, showcasing the country's strong saving habits.
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🚢 Robust Export Sector
In 2023, Iran's exports of goods and services amounted to 34,617,095,000,000,000 LCU, highlighting a strong export-driven economy.
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🌾 Strong Agricultural Sector
Iran's agriculture, forestry, and fishing sectors contributed 18,360,183,000,000,000 LCU to the economy in 2023, underscoring its agricultural prowess.
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🏗️ Thriving Industrial Sector
In 2023, Iran's industry, including construction, added 51,842,958,000,000,000 LCU to the economy, showcasing a robust industrial base.
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💼 Dominant Service Industry
Iran's service sector contributed 69,039,487,000,000,000 LCU in 2023, indicating a strong service-driven economy.
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💸 Lowest External Debt Burden
Iran boasts one of the lowest external debt stocks, accounting for just 2.45% of its GNI in 2023. This positions the country as having minimal reliance on foreign debt.
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📉 Minimal Debt Service Obligations
Iran's total debt service was only 0.34% of its exports in 2023, indicating a low burden of debt repayment relative to its export earnings.
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🤝 Minimal Aid Dependency
In 2022, Iran received negligible bilateral aid from Luxembourg, highlighting its independence from foreign aid sources.
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📚 High Primary Education Enrollment
In 2017, Iran achieved a near-perfect net intake rate in grade 1, with 99.98% of eligible females enrolled, reflecting a strong commitment to education.
Iran Following Behind
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🏛️ High Government Expenditure
Iran's general government final consumption expenditure hit 18,422,330,000,000,000 LCU in 2023, reflecting substantial public sector spending.
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💱 Complex Exchange Rate System
Iran's official exchange rate was 42,000 LCU per US$ in 2023, with a PPP conversion factor of 89,391.81, indicating a multifaceted currency system.
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📉 Negative External Balance
Iran faced a significant external balance deficit in 2023, with a negative value of -5,403,951,000,000,000 LCU, indicating challenges in trade.
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📉 Negative Terms of Trade Adjustment
Iran's terms of trade adjustment was negative at -1,585,600,410,845,230 LCU in 2023, indicating unfavorable trade conditions.
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📊 Discrepancy in GDP Estimates
In 2022, Iran had a discrepancy of -195,940,706,686,100 LCU in its GDP expenditure estimates, suggesting inconsistencies in economic data.
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🎓 Low Female Intermediate Education
Only 8.78% of Iran's female working-age population had intermediate education in 2022, highlighting a gap in educational attainment.
