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Not sure why it is off topic for you. You said there is no real productivity when talking about GDP, but apparently there is. GDP it self is Gross Domestic Products, a sum value of all domestic production of goods and services. It has everything to do with productivity. However, for all these...

There is though. To measure the general size of a country of economy, we can either use constant prices or current prices. Current prices just measure the value of commodities in its current value whereas constant prices account for inflation. Nominal GDP uses current prices as base for its...

Nobody says IMF are incorrect, and no I didnt say the numbers are BS as well. I said Iranian government is BS-ing the numbers and my finding actually confirms that. As you can see, Iranian central bank turns out maintains two exchange rates and it is not using the official exchange rates for...

Another interesting find is Iran's latest GDP figure in rial as published by Iran's central bank (finally found it thanks to a good Iranian friend of mine). https://www.cbi.ir/page/23635.aspx Iran's GDP in current prices kinda shows an impressive growth But Iran's GDP in constant prices are...

Anyway, it is interesting that the value of IRR against USD according to Iranian central bank is just IRR 42000 throughout the months with no fluctuations whatsoever. Any currencies pegged to the USD such as QAR, SAR, also shows no movement in exchange rates as well. The rates for other...

Except two things that matter, type of exchange rates being used and Iran' GDP figures in Rial. Those are the underlying factors which validate or invalidate any numbers put forward thereafter.

You know that saying case closed wont actually close the case right? But hey, I mean if that figure makes your sleep better at night...

Not quite, because apparently international trades with Iran use the NIMA rate. It seems not even the central bank adheres to the official rate when it comes to international trade. So why the two exchange rates though? And why are they completely detached from each other’s? If Iran itself is...

Well I would not go too far talking about cherrypicked industry data before the underlying question regarding the base currency used for converting Iranian GDP figure into USD is cleared. Because any USD numbers brought forward would be further questioned. IMF are not fooled, they are also not...

Well I cant rely on IMF numbers because the numbers in questions here are the IMF ones and the base for IMF numbers are also the rates that are being questioned here. Furthermore as you said, Iran economy is a closed economy so it is only fair to see the GDP numbers in its original currency to...

You are correct, IMF economists obviously are no stupid, which is why they also made it clear that the figures are based on the official figures. For most countries, official figures are not that different to the market rate no matters where and by whom the rate is being used. Do you have...

Yeah it seems Iranian government does not really bother pumping dollars to back up the official exchange rate because what is the point of having an official exchange rate that nobody adheres to? Like this travel agent listed 1 CNY as being equal to 42,900 IRR while 1 CNY is equal to USD 0.15 at...

The IMF's numbers are based on the official exchange rates, so they are not totally BS. If anything, it is Iran's government that might be BS-ing the numbers. Iran maintains an official exchange rate that is completely detached from the open market rate (rates people are actually willing to...

Except the calculation is based on the official exchange rate of the Iranian rial. Much like Sri Lanka before crisis, Iranian rial has multiple exchange rates which are detached from each other. As the table shows, IRR's official exchange rate has basically detached itself from market reality...

Czech and Slovenia are not east European countries though.. they are central European countries.

Err no, tributary state does not mean the state is part of the empire to which the tribute is being paid. Many surrounding South East Asian states maintained tributaries to various Chinese Dinasties without ever being part of the Chinese Empire or ruled by it. It is more of a form of hegemony...

Hey I mean that’s your 9.7k. If that is what you think is okay, then good for you buddy. It was 1 million that nutted in greeks’ butts now it is 9 thousands, what an achievement! hurray!

Amigo, you just proved that you talked out of your butt over and over again. Lying is part of your greek heritage or what?

Not according to the OECD they are not. Unemployment benefit in Greece is EUR 350-400 only for 12 months max only. Minimum monthly earning for a Chinese worker is about EUR 300-500 a month or 3000 to 6000 EUR a year. Your brain is incapable of math or what? And no, last year alone around 9.1k...

Not really though. Greece is paying for it another way. Its women opening legs for Western Europeans to get out of the country for example. Its men being economic refugees with EU passport to escape 15% unemployment rate. And its country getting its butt entered by illegal migrants just because...