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Value of Iran's gross domestic product rising

Business Materials 15 June 2020 14:41 (UTC +04:00)
Value of Iran's gross domestic product rising

BAKU, Azerbaijan, June 15

By Elnur Baghishov - Trend:

The value of gross domestic product in Iran (excluding crude oil) increased by 1.1 percent in the last Iranian year (from March 21, 2019 to March 20, 2020) compared to the preceding Iranian year (from March 21, 2018 to March 21, 2019), Trend reports citing the Central Bank of Iran (CBI).

According to statistic, the value of gross domestic product without crude oil was -1.8 percent in the preceding Iranian year.

“Excluding crude oil, it was 0.4 percent in Chapter 1, 0.5 percent in Chapter 2, 3.8 percent in Chapter 3 and 0.1 percent in Chapter 4 of last Iranian year,” statistic said.

“The value of gross domestic product, including crude oil, decreased by 6.5 percent in the last Iranian year, compared to the preceding Iranian year,”statistic noted.

The value of gross domestic product including crude oil was 11 percent in Chapter 1, -9.1 percent Chapter 2, 1.7 percent Chapter 3, -6.4 percent Chapter 4 of last Iranian year.

Preceding Iranian year (from March 21, 2018 to March 21, 2019)

1Q of last Iranian year (March 21 –June 21, 2019)

2Q of last Iranian year (June 22-September 22, 2019)

3Q of last Iranian year (September 23- December 21, 2019)

4Q of last Iranian year (December 22, 2019-March 19, 2020)

Last Iranian year (from March 21, 2019 to March 20, 2020)

The value of gross domestic product

-5.4

-11.0

-9.1

1.7

-6.4

-6.5

The value of gross domestic product (excluding crude oil)

-1.8

0.4

0.5

3.8

0.1

1.1

The table below shows the value of Iran's gross domestic product. The table shows the prices in dollars, based on $1 equals to 42,000 rials.

The table shows the prices based on the official exchange rate of Iran ($1 equals to 42,000 rials).

Preceding Iranian year (from March 21, 2018 to March 21, 2019)

1Q of last Iranian year (March 21 –June 21, 2019)

2Q of last Iranian year (June 22-September 22, 2019)

3Q of last Iranian year (September 23- December 21, 2019)

4Q of last Iranian year (December 22, 2019-March 19, 2020)

Last Iranian year (from March 21, 2019 to March 20, 2020)

The value of gross domestic product

443 billion

126 billion

158 billion

142 billion

139 billion

567 billion

The value of gross domestic product (excluding crude oil)

385 billion

113 billion

149 billion

132 billion

130 billion

525 billion

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