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

[Beny Karachun]

You are a stupid Jew and nothing else, if you would have had turned pages back we had a deep and extensive comparison of the industrial output of Iran with Brazil which has similar numbers to Iran and has same GDP. How come one country has a GDP nominal of 1.7 trillion and other has 200 Billion ROFL? Use brain Jew if you have any.

It's almost as if industrial output doesn't determine GDP, why is Singapore, Hong Kong, Israel so rich?

You are creating things that have no buyers, your currency is worthless around the world, Brazil has 0 sanctions and can freely trade with anyone while Iran can't really trade, its money is worthless for that reason.

Or are you going to dispute the huge gap between the official exchange rate (Corresponding to the 1.5 trillion dollar GDP) and the black market rate ("coincidentally" corresponding to the 200 billion dollar GDP)

 

[Cancerous Tumor]

@nufix

In regards to issue of exchange rates (42,000 and NIMA )

1.Total imports of Iran during last few years was somewhere between 50-100$ B.
According to government data value of Imports will be less than 15% of Iran's GDP.(worst case scenario)

2. At the time price of imported goods went up , wages and income of people also went up. ( example minimum wage )

 

[TheImmortal]

It's almost as if industrial output doesn't determine GDP, why is Singapore, Hong Kong, Israel so rich?

Israel rich? Almost a quarter of Israel lives in poverty.

About two million Israelis live below the poverty line - report

Bituach Leumi (National Insurance) published a short and overdue report from past data on poverty and inequality in Israel.

m.jpost.com

Israel per capita income #35 in world at ~$39K, Singapore #4 in the world at ~$94K.

Oceans apart.

 

[Beny Karachun]

Israel rich? Almost a quarter of Israel lives in poverty.

About two million Israelis live below the poverty line - report

Bituach Leumi (National Insurance) published a short and overdue report from past data on poverty and inequality in Israel.

m.jpost.com

Israel per capita income #35 in world at ~$39K, Singapore #4 in the world at ~$94K.

Oceans apart.

39k? Are you using information from 2017?

Israel GDP Per Capita 1960-2022

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for...

www.macrotrends.net

And 2022 is estimated to be 55,000$


Poverty in Israel is middle class in Iran. Poverty line isn't an absolute thing, governments can freely move it lower or higher.
Meanwhile in Iran you have problem with water, government blocks your internet, people are rioting etc.

Israel is over there with the richest and most successful countries in the world.
Of course Singapore would be in a much better position, its open market economy is something to strive for.

Also, Israel's position isn't exactly good, it needs to invest a ton in defense, way more than countries of similar per capita GDP. There's also the Israeli population, which isn't nearly as obedient as the one in Singapore.