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Iran's economy has been growing at a steady pace. In 2017, the country had a GDP of $447.7 billion and a population of around 80.6 million according to the World Bank. The economy of the country is characterized by the hydrocarbon sector, agriculture and services sector, and a considerable presence of the state in manufacturing and financial services.
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Orion Market Research Impact of COVID-19 on Iran Economy, Size, Share, Analysis Report & Forecast to 2025 Request https://www.omrglobal.com/request-sample/impact-of-covid-19-on-iran-economy a Free Sample of our Impact of COVID-19 on Iran Economy: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
Iran's economy has been growing at a steady pace. In 2017, the country had a GDP of $447.7 billion and a population of around 80.6 million according to the World Bank. The economy of the country is characterized by the hydrocarbon sector, agriculture and services sector, and a considerable presence of the state in manufacturing and financial services. Moreover, as per the aforementioned organization, Iran is ranked second in natural gas reserves and fourth in the proven crude oil reserves globally as of 2017. However, the economy of the nation remains volatile as its economic activity and government revenues still depend on oil revenue to a very much extent. Moreover, the recent outbreak of coronavirus (COVID-19), originating from China, has put a threat to the macroeconomic stability of the country. A full Report of Impact of COVID-19 https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-iran-economy on Iran Economy is Available at: The report analyzes the impact of COVID-19 on the Iran economy and major verticals across the countries of the region. Major verticals that contribute significantly towards the economy of the country include oil industry, chemical, pharmaceutical, automobile, and others. The oil industry is one of the industries that primarily contribute to the building blocks of the nation’s economy. The industry is volatile and is severely hampered by the sanctions put by the US government on the Iranian government in 2020. These sanctions prevent Iran to sell its oil in the international market. Moreover, amid this, Iran is facing several challenges regarding the rapid spread of COVID-19 and expects its economy to crash. While the epidemic has caused a negative impact on the oil production capacity of several economies, Iran saw no or little effect on its oil production. On 4th March 2020, Iran's Ministry of Petroleum announced that the outbreak of COVID-19 in the country has not affected Iran's oil and gas production. Request https://www.omrglobal.com/request-sample/impact-of-covid-19-on-iran-economy a Free Sample of our Impact of COVID-19 on Iran Economy: Major Verticals Affected •Oil Industry •Chemical •Pharmaceutical •Automobile •Others (Food Processing) Company Studied •DarouPakhsh Pharmaceutical Manufacturing Co. •Esfahan Steel Co. •Iran Dairy Industries Co. •Iran Khodro Industrial Group •Khouzestan Steel Co. •MAPNA Group •Mobarakeh Steel Co.
•National Iranian Copper Industries Co. (NICICO) •National Iranian Oil Co. •National Petrochemical Co. •SAIPA Group For https://www.omrglobal.com/report-customization/impact-of-covid-19-on-iran-economy More Customized Data, Request for Report Customization @ About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404