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So roughly $290 billion. Hm, that's not really stellar but it's not too shabby either.
I see potential to do a lot of things annually.
The IMF uses a US$1 = 42,000 rials exchange rate when they convert Iran's GDP figure which is calculated in rials by the central bank to the USD equivalent, The World Bank uses free exchange rates (US$1 = 280,000 rials) when they convert Iran's GDP figure (the same number) to the USD equivalent, The World Bank kinda explains this on their website:I suggest adding up the IMF and World Bank figures and dividing them by two, thereby getting an average.
1.7 trillion + 200 billion = 1.9 trillion divided by 2 = 950 billion
The previous IMF figure was 1.4 trillion so let's say 800 billion ? That seems more than fair. Because you can't disregard the IMF figure but at the same time you can't disregard the World Bank figure, so then take an average, does that make sense ?
I pray for safety of the trapped peopleAt least five killed after a building collapses in Iran, leaving 80 people trapped
Yeah, $290 billion if you use the NIMA system exchange rate or $250 billion if you use the free market exchange rate, Probably somewhere in between.
The IMF uses a US$1 = 42,000 rials exchange rate when they convert Iran's GDP figure which is calculated in rials by the central bank to the USD equivalent, The World Bank uses free exchange rates (US$1 = 280,000 rials) when they convert Iran's GDP figure (the same number) to the USD equivalent, The World Bank kinda explains this on their website:
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So what you are doing makes sense? No
well , My uncle is retired sepahi , 3 of my cousins are Sepahi and one of my distance relative was martyred in syria as sepahi ... none of them have luxury lives but almost all of them are critizing the wide spread corruption among ISI ... they feel betrayed ...
If these guys with simple life werent protecting Iran , ISI could fall in less than 1 year ... but most of ISI are corrupted , none of my good relative could advanced in ISI ranks but there are some bad people I know who are advancing in ISI rank ...
The funny part is being spy for foreign country has even lower punishment in Iran than stealing a car ... ISI doesn't want to confront the traitors among their own ranks ...
GDP numbers on Iran are nonsense in a hyperinflation environment and wild currency rates.
And PPP also makes India the 3rd biggest economy in the world....we know that’s not true with all the poverty and lack of development in many parts of the country.
Exactly this.
An organization with such problems cannot survive long-term.
Donbass offensive is still very slow and grinding for both sides. 90% of Russia‘s current gains were made in first 2 weeks. So everything has gone largely as I thought it would when everyone was saying Russia is going to take over everything.
Not even retired Russian generals are calling it a successful campaign. It was designed as a blitzkreig now it’s morphed into Iran and Iraq war basically in terms of the grind.
I don’t know how anyone can look at that war and not say Ukrainian resistance was very formidable. Yes Eastern Ukraine is now bombed to bits. Most people here were saying Kiyv will fall. Now we are waiting for Donbass and Luchnask to fall.
If Kramatorsk falls, the battle for the Donbas is basically over.
After that if Ukraine doesn't want to negotiate Russia will likely go for Odessa.
Ok, no. GDP, By its definition, is the "measure of the market value of all the final goods and services produced in a specific time period". Lets consider Turkey, Lets say we calculate this figure to be x Turkish liras, Now Lets say the Turkish government prints a bunch of money and adds them to the system overnight and now we calculate this figure to be 2*x Turkish liras at the same time Turkish lira is going to lose half of its value against the dollar so you are going to get the same GDP figure when you convert it to the USD equivalent. Now if we use a fixed exchange rate for the Turkish lira when we are trying to convent this 2*x figure to the USD then we are going to conclude that the Turkey's GDP grow by 100% over night! This is what's happening with the IMF's report on Iran's GDP.Well you're basically implying that the GDP should be strictly determined by exchange rate. So then Turkey, since last year, its currency has lost half of its value, should we cut their GDP by half ?
PPP then might be a better way of gauging GDP. According to the PPP standard Iran's GDP is 980 billion (IMF) 1.1 trillion (World Bank). Considering that, my original estimate of 700-950 is not that unrealistic.