Iran's GDP is relatively low due to a combination of factors, including heavy economic sanctions imposed by the U.S. and other countries, which have restricted its ability to engage in international trade and access foreign investment. Additionally, mismanagement, corruption, and a reliance on oil exports make the economy vulnerable to fluctuations in global oil prices. Political instability and isolation further hinder economic growth and diversification, perpetuating a cycle of economic challenges.
investment is part of output, so if we have a low investment, we will have a lower GDP holding all other factors constant.
High GDP because it means more money.
This is because India is still a developing country.
Because when you divide their GDP by the number of Chinese people you get a small number. There are a LOT of people in China.
core inflation rate
investment is part of output, so if we have a low investment, we will have a lower GDP holding all other factors constant.
High GDP because it means more money.
Because the the GDP is very modest.Because the GDP per capita is very low and the economy was destroyed after 1990 by the so called "democrats".
Matters how big the country is, but the US GDP is about 15 trillion, so 85 billion is much, much smaller, Bill Gates at one point was worth 50 billion, so it is a relatively low number for GDP.
The GDP per capita in Romania is low; for 2009 was cca. 7 300 US $.
This is because India is still a developing country.
The question should specify whose GDPs per capita Saudi Arabia and Iran are being compared to. If it is the other Gulf Countries, the large relative populations of Iran and Saudi Arabia dilute the petroleum wealth in Saudi Arabia and Iran in GDP per capita calculations relative to the smaller Gulf Countries.
Because when you divide their GDP by the number of Chinese people you get a small number. There are a LOT of people in China.
A relatively advanced developing economy of 1.3 billion people.
In terms of Military, Navy, Air Force, Iran is powerful. In terms of Economy, GDP, HDI, Resources, Saudi Arabia is much more powerful.
No, Haiti wasn't the poorest country, but was definitely having economic troubles. Haiti has always had a low GDP and GDP per capita, but a moderate GDP growth rate and a considerably low debt rate.
Irans economy is dependent to its huge resources of oil and gas. Iran has the 2nd natural gas resources of the world and also 3rd or 4rth resources of oil. Iran is a dry country so agriculture is not developed enough. The country is rapidly becoming industrialized and it has the 3rd highest GDP(ppp) among 57 Islamic nations. it also is the biggest car producer (1,600,000 per year) in the middle east and ... Industrializing their country