Iran has the highest nominal GDP in the Middle East: post JCPOA potential

[khansaheeb]

So we have the 2nd largest GDP in the Islamic world. Highest in middle east despite sanctions.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

If JCPOA is successful where would we go from here?

Pakistan needs to learn of the Iranians. Self reliance is the best option.

 

[Chat SAMOSA]

I don't want to raid your parade here bro but these numbers are volatile hence Nominal is off the marker by default and nothing to write home about..

Besides what does Iran sell? outside of Oil and Gas? As Iran has no other exports that is note worthy? The question is who is buying that much of oil and gas?

Iranians have some of the most astute engineering and artistic brains based on the small sample I've interacted with. Whatever progress Iran makes is under two heavy handicaps viz. international and domestic sanctions.

Apart from o&g they probably export dry fruits and nuts I'd guess - found them in Dubai clearly marked as Iranian - don't know how big or small that is. The pistachios were super delicious.

 

[drmeson]

Iranians have some of the most astute engineering and artistic brains based on the small sample I've interacted with. Whatever progress Iran makes is under two heavy handicaps viz. international and domestic sanctions.

Apart from o&g they probably export dry fruits and nuts I'd guess - found them in Dubai clearly marked as Iranian - don't know how big or small that is. The pistachios were super delicious.

Thanks man

 

[BlessedKingOfLonging]

No country with over 1 Trillion USD GDP and a population of 80 Million is gonna look like Iran.

Mexico.

 

[aryobarzan]

@drmeson , @Cancerous Tumor

Another NON GDP way to look at any countries development is by looking at "Electricity generation"...the amount of Electrical power generated in any given country closely correlates with general development of that country..

This 60 second video tells you how the world countries developed in the last 50 years...very interesting how we start with almost all European/north American crowed and by 2018 new players have arrived..Iran is one of those..
Note :Saudi power generation is mostly to run those 33 desalination plants that use gigantic amount of electricity (90% of their drinkable water!).

and by the 2020.

 

[Cancerous Tumor]

@drmeson , @Cancerous Tumor

Another NON GDP way to look at any countries development is by looking at "Electricity generation"...the amount of Electrical power generated in any given country closely correlates with general development of that country..

This 60 second video tells you how the world countries developed in the last 50 years...very interesting how we start with almost all European/north American crowed and by 2018 new players have arrived..Iran is one of those..
Note :Saudi power generation is mostly to run those 33 desalination plants that use gigantic amount of electricity (90% of their drinkable water!).

and by the 2020.
View attachment 857207

I was thinking about another way to compare Iran to a similar country that has same capabilities of Iran(or greater than Iran). It couldn't be an EU country due to their union stuff.

Turkiye is a good example and a lot of similarities but not unfortunately oil and gas producer.

Egypt similar to Turkiye case.

Mexico is almost perfect example that has good oil and gas production and similar agriculture and even better industry but they rely so much on their trade with US.

Brazil :

Population 214 million (Iran 85 m)
GDP $1.44 T (Iran $200 b Worldbank data)
Exports $280 billion (Iran $180-200)
Foreign reserves $327 billion (Iran $85-230 b)

Brazil is self efficient in food production and exporter of food.

Similar characteristic (almost same numbers)

* They put infrastructure under category of industry (same 17% in Iran)

Oil production 3 million barrel of Brazil vs 2.5 million barrel of Iran
Gas production of Brazil is almost at 1/8 of Iran's.

Differences :
Iran's gini coefficient is 42 vs Brazil's 53
Iran doesn't have textiles , aircraft and lumber industries.(others with lower outputs).

By the looks of it Iran should have 50-75% of Brazil's economy.(50% is worst case scenario )

 

[K_Bin_W]

@drmeson , @Cancerous Tumor

Another NON GDP way to look at any countries development is by looking at "Electricity generation"...the amount of Electrical power generated in any given country closely correlates with general development of that country..

This 60 second video tells you how the world countries developed in the last 50 years...very interesting how we start with almost all European/north American crowed and by 2018 new players have arrived..Iran is one of those..
Note :Saudi power generation is mostly to run those 33 desalination plants that use gigantic amount of electricity (90% of their drinkable water!).

and by the 2020.
View attachment 857207

China is nothing short of a miracle.. just amazing.

 

[khansaheeb]

@drmeson , @Cancerous Tumor

Another NON GDP way to look at any countries development is by looking at "Electricity generation"...the amount of Electrical power generated in any given country closely correlates with general development of that country..

This 60 second video tells you how the world countries developed in the last 50 years...very interesting how we start with almost all European/north American crowed and by 2018 new players have arrived..Iran is one of those..
Note :Saudi power generation is mostly to run those 33 desalination plants that use gigantic amount of electricity (90% of their drinkable water!).

and by the 2020.
View attachment 857207

India did well to achieve the meteoric leap to 3 rd position, very impressive.

 

[Hussain93]

The most stringent sanctions and the mullahs know how to survive and thrive .their wisdom is unmatched compared to seculer cleanshaves despots ruling the wider muslims world. inshaAllah you will see even Afghanistan thriving in time compared to Pakistan which is infested with pro colonial setup .

 

[Cancerous Tumor]

Iran

Unemployment and HDI is almost same.
Brazil even with higher gini is doing better than Iran in employment section.

 

[Cancerous Tumor]

Now back to worldbank data again,they put Brazil at rank 8 with $3.1 T and Iran at rank 22 with $1.1 T which is 1/3 of Brazil's GDP (PPP). and here they were too kind to Iran

 

[aryobarzan]

Now back to worldbank data again,they put Brazil at rank 8 with $3.1 T and Iran at rank 22 with $1.1 T which is 1/3 of Brazil's GDP (PPP). and here they were too kind to Iran
View attachment 857397

To compare countries development against each other they use "Nominal" GDP as the most accurate parameter .In recent years the Human Development Index "HDI" is used which has the GDP as one parameter in it..I think the last HDI that I saw on Iran was 0.783 which is the border line between developed and Highly developed.. I do not recall HDI for Brazil....Mexico seems to me a better match for Iran with a GDP nominal of 1.4 trillion and an HDI of slightly lower 0.779. And by the way they are neck and neck with Iran on the Electricity generation video..which nicely correlates with GDP..

 

[Cancerous Tumor]

To compare countries development against each other they use "Nominal" GDP as the most accurate parameter .In recent years the Human Development Index "HDI" is used which has the GDP as one parameter in it..I think the last HDI that I saw on Iran was 0.783 which is the border line between developed and Highly developed.. I do not recall HDI for Brazil..

0.765 (2019) belongs to Brazil.

View attachment 857361

View attachment 857362

Brazil data^

 

[Cancerous Tumor]

To compare countries development against each other they use "Nominal" GDP as the most accurate parameter .In recent years the Human Development Index "HDI" is used which has the GDP as one parameter in it..I think the last HDI that I saw on Iran was 0.783 which is the border line between developed and Highly developed.. I do not recall HDI for Brazil....Mexico seems to me a better match for Iran with a GDP nominal of 1.4 trillion and an HDI of slightly lower 0.779. And by the way they are neck and neck with Iran on the Electricity generation video..which nicely correlates with GDP..

Compared to their "Nominal" data they put Iran at $200 B and Brazil at $1.44 T which is almost 1 to 7 ratio .

Good thing about bigger countries like Brazil is that they have more data available and it makes this comparison easier.in next post I will go into detail of each GDP section and we will see if :
Iran has 1/7 of Brazil capabilities ?
or is it 1/3 ?

or it's 1/2 to 3/4 of Brazil's capabilities ?

 

[drmeson]

Compared to their "Nominal" data they put Iran at $200 B and Brazil at $1.44 T which is almost 1 to 7 ratio .

Good thing about bigger countries like Brazil is that they have more data available and it makes this comparison easier.in next post I will go into detail of each GDP section and we will see if :
Iran has 1/7 of Brazil capabilities ?
or is it 1/3 ?

or it's 1/2 to 3/4 of Brazil's capabilities ?

While the oil/gas production itself was USD 200 Bln lol

These clowns.