The real GDP of Iran (purchasing power parity) is …. twice the nominal? What the fuck is going on. Also this is the GDP in the year 2011.
Nominal GDP is realgdp+inflation. Unless Iran went through some devastating deflation, it is impossible for these numbers to be reported as so, especially considering that Iranian inflation has been super duper high due to international sanctions.
The numbers don’t make sense. Can anyone explain this? My econometrics professor thinks Wikipedia is wrong, but I also saw these figures in Global Finance magazine.
Edit: Thank you comment guy for clearing that up. I wasn’t sure of the difference between real and ppp.