Iran’s economy now a quarter the size of Saudi Arabia’s, researcher says
Political economy researcher Mohammed Al-Tayyar says Iran’s economy is now just 25% the size of Saudi Arabia’s, despite being equal in 1979.
Key Takeaways
AIPolitical economy researcher Mohammed Al-Tayyar said that in 1979, the Saudi and Iranian economies were equal in size, but today Iran’s economy is just 25% the size of Saudi Arabia’s.
Speaking to Al Ekhbariya channel, he added that this highlights the contrast between Iran’s 1979 vision and Saudi Arabia’s Vision 2030.
Al-Tayyar noted that Iran’s economy is facing a crisis due to weak exports, warning that this could lead to the collapse of the Iranian state on all levels.
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