The economic sanctions are a symptom not the cause.
It's nominal GDP per capita was above Taiwan, Turkiye, South Korea, and all of Eastern Europe.
If the stuff that happened to Iran in our timeline didn't happened in the 1980s-2000s, it probably could have seen an economic boom comparable to what SK and Taiwan saw in the 1990s - especially becuase the leadership in 1980s South Korea and Taiwan were equally as authoritarian as that in Iran back then.
Other similar losers from that era were the DRC, Syria (before the civil war it was roughly on par with Turkiye), the Ivory Coast (it was France's premier financial hub in Franafrique before the civil war), and Pakistan (it's GDP per capita was significantly above China's until the 1990s, and Pakistani advisors helped industrialize significant portions of the Gulf).
They could just stop being at war with Israel any time, it is a pointless choice.
In the meantime i hope it rains.
It is a crying shame and the Iranians deserve better. At the moment 16 million people may find themselves without water in the near future. I'm lost for words.
If one positive thing could be found in this situation it might finally be the thing that brings down the regime. I think it's fair to say this year has been an annus horribilis for them.
(Sounds familiar? Warning bells for other locals, maybe? ..)
Most educated Iranians you know, btw, are (drum roll) in diaspora, for good reasons.
It's sad to such a great people subjugated by their government.
1: https://www.cfr.org/article/irans-regional-armed-network 2: https://www.unitedagainstnucleariran.com/proxy-wars/map
It's an Islamic theocracy with nuclear as well as regional hegemonic ambitions; what about the corresponding impoverishment of its citizens is "baffling" to you?
Imagine if the US targeted germany or japan or saudi arabia for destruction. They'd be in far worse situation than iran.