The World Bank has predicted in its report that Iran's economy in the coming years will show a tripling of growth of GDP. Thus, the bank's experts noted that "in 2015 the gross domestic product (GDP) of Iran increased by 1.9%, and it is expected that in 2016 the GDP growth will be 5.8%, and as projected for 2017, this figure could reach 6.7%. "
According to analysts, the World Bank predicts a triple growth of Iran, as the after-sanctions expectations are associated with Tehran
"In the case of performance of its obligations under the nuclear agreement, the joint comprehensive action plan (SVPD), concluded in July 2015 in Vienna between Iran and the Six international negotiators, Iran can count on unlocking $150 billion of its foreign assets. In 2016 Tehran will able to increase its oil production to 7.5 million barrels per day," the report of the Bank reads.
In addition, experts point out that after the lifting of the sanctions, Iran will first of all return to traditional sectors of the economy such as oil, gas and automotives. Iran's GDP growth will also be contributed to by being an attractive market for foreign investment.
