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Value of GDP in Iran's agricultural sector declines

Business Materials 21 December 2021 16:39 (UTC +04:00)
Value of GDP in Iran's agricultural sector declines

BAKU, Azerbaijan, Dec. 21

By Elnur Baghishov – Trend:

The value of gross domestic product (GDP) in the Iran’s agricultural sector decreased by 2 percent, during the first six months of the current Iranian year (March 21 through September 22, 2021), compared to the same period last Iranian year, Trend reports via the Central Bank of Iran (CBI).

According to the statistics of the bank, the value of GDP in the agricultural sector for 6 months amounted to about 1.23 quadrillion rials (about $29.4 billion).

“In the same period last Iranian year, the figure stood at 1.26 quadrillion rials (about $30 billion),” the statistics said.

Moreover, the share of the agricultural sector in Iran's gross domestic product was a negative 0.3 percent within 6 months.

As reported, the value of Iran’s GDP (including crude oil) amounted to 7.53 quadrillion rials (about $179 billion) over the first six months of the current Iranian year. This is an increase of 3.3 percent compared to the same period last Iranian year. So, the figure stood at 7.28 quadrillion rials (about $174 billion) in the same period last Iranian year.

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