A record-high 57 percent of Iranians said economic conditions in their communities were getting worse after the United States withdrew from the nuclear deal in May 2018, according to a newly released Gallup poll. The organization interviewed a national sample of Iranians using landline and mobile telephone numbers in July and August 2018.
Iranians' confidence in their local economy collapsed along with their currency following President Donald Trump's decision a year ago in May to leave the Iran nuclear deal and reimpose economic sanctions. https://t.co/jvQUMOYpMx pic.twitter.com/BxDDLlTFXn— GallupNews (@GallupNews) June 12, 2019
Many Iranians hoped that their economic situation would improve following the signing of the nuclear deal in July 2015. But the economic recovery was slow even after sanctions were lifted in January 2016. The U.S. withdrawal from the nuclear deal and subsequent reimposition of sanctions on oil sales and other key sectors were key setbacks.
In July and August, a record-low of 7 percent of Iranians said that it was a good time to find a job. Additionally, a record-low 12% of Iranians rated their lives positively enough to be considered "thriving," and a record-high 34% rated their lives poorly enough to be considered "suffering."
Many Iranians likely expected their job prospects to improve after the nuclear deal, but with the U.S. pulling out, those prospects are increasingly grim. A record-low 7% in 2018 said it was a good time to find a job. https://t.co/jvQUMOYpMx pic.twitter.com/kJnudZoQLF— GallupNews (@GallupNews) June 11, 2019
Iran’s economic prospects have suffered greatly since the survey was administered. In June 2019, the World Bank downgraded its outlook for Iran for the third consecutive time. It projected a negative growth rate of minus 4.5 percent.
Click here for more information about the poll.