The International Monetary Fund (IMF) reported that Iran's economy is expected to shrink by 9.5% this year. The estimate, which was published in the IMF's World Economic Outlook report, is similar to World Bank calculations which indicate that by the end of 2019, Iran's economy will be 90% of its size from two years ago. The IMF added that Iran continues to experience "very severe macroeconomic distress," including an estimated inflation rate of 35.7% for this year.