Portal:Business/Selected economy/2

The economy of Iran is a mixed economy with a large state-owned sector and is one of the largest in the Middle East. It is the world's 21st largest by purchasing power parity (PPP). Some 60% of Iran's economy is centrally planned. It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange. The stock exchange has been one of the best performing exchanges in the world over the past decade. With 10% of the world's proven oil reserves and 15% of its gas reserves, Iran is considered an "energy superpower". Iran's economy is very overestimated. Because their currency value has been artificially fixed by the Iranian government. But that doesn't work in the global market. In fact, Iran's GDP (nominal) is 200 ~ 300 billion USD, which is close to 50th in the world. (Full article...)