Iran's economy has been volatile over the past decade Annual growth in real GDP, 2006-2018
Iran is not only the world’s fifth-biggest petroleum producer (about 4.1 million barrels a day) and 12th-biggest exporter (1.3 million barrels a day), it also has the world’s fourth-largest stock of proven crude oil reserves: 158.4 billion barrels, trailing only Venezuela, Saudi Arabia and Canada. Despite its oil wealth, Iran’s economy has been turbulent for much of the past decade. It’s real (inflation-adjusted) gross domestic product fell in three of the four years from 2012 to 2015, grew by 12.5% in 2016 and is projected to have fallen back dramatically since then.
Iran's economy has been volatile  | over the past decade  | Annual growth in real GDP, 2006-2018  | 2016  | 12.5%  | 10%  | 5.4%  | 3.8%  | 2006  | 2018  | -5  | --7.7%  | 2012  | 10  | Note: 2017 and 2018 data preliminary.  | Source: Interna tional Monetary Fund estimates  | PEW RESEARCH CENTER 