Iran's GDP growth stood at 6.4 percent in 2016, largely as a result of the oil sector's bounce back, both in production and exports, following the removal of sanctions in January 2016 through the JCPOA, World Bank reported.
European Union finance ministers admitted on Saturday that the world's 20 biggest economies (G20) will miss their target of generating additional economic growth through reforms by 2018 and called for reflection on why they have failed.
Iran's economic growth registered an 11.6-percent growth in the nine months from March 20, 2016 to December 20, 2016 indicating over eight percent growth year-on-year to stand on top of the list of world economic powers in terms of annual economic growth, said economic analyst and lecturer at Shahid Beheshti University Saeed Leilaz on Wednesday.
Japan's economy expanded 1.0 percent in 2016 as a bump in exports and capital investment offset weak spending at home, data showed on Monday, although it was unlikely to erase concerns about Tokyo's faltering war on deflation.
Foreign investments in Iran’s capital market reached $362 million in the first nine months of the Iranian year (March 20 to December 20, 2016), said a member of the Board of Directors of Securities and Exchange Organization (SEO) of Iran.