Tehran Stock Exchange capital amounts to 25% of Iran's GDP
Tehran Stock Exchange (TSE) capital amounted to one-fourth of Iran’s gross domestic product (GDP) by the end of 2004, a report by the International Monetary Fund (IMF) said.
The value of TSE capital by the end of 2004, reached US$42.6 billion, which was equal to 25.2 percent of Iran’s GDP, the IMF site reported.
Iran’s GDP in 2004, was US$169 billion, the report said, adding that 2,253,000 stock exchanges were closed at the TSE last year. Some 13,014,000 stocks were exchanged during the period.
In its report, the IMF put the number of the companies registered in the TSE at 402 by the end of 2004.