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Statistical Center of Iran reveals data on value of GDP

Business Materials 12 September 2022 17:11 (UTC +04:00)
Statistical Center of Iran reveals data on value of GDP
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, September 12. The value of Iran's Gross Domestic Product (GDP), including crude oil, increased by 4.3 percent, during the first three months of current Iranian year (March 21 through June 21, 2022), compared to the same period last Iranian year, Trend reports citing the statistics of Statistical Center of Iran.

According to the statistics, the value of Iran’s GDP (including crude oil) amounted to 1.89 quadrillion rials (about $45 billion) in 3 months.

Meanwhile, in the same period last Iranian year, the figure stood at 1.82 quadrillion rials (about $43.3 billion).

In addition, the value of Iran's GDP (excluding crude oil) increased by 3.8 percent for 3 months compared to the same period last Iranian year.

“So, the value of Iran’s GDP (excluding crude oil) amounted to 1.61 quadrillion rials (about $38.4 billion) during the reporting period, while in the same period last Iranian year, this figure amounted to 1.55 quadrillion rials (about $36.8 billion),” the statistics said.

Iran reached an increase of 1.1 percent in the value of GDP in the oil-gas sector, 13.8 percent in the energy sector, 3.9 percent in the services sector, 5.1 percent in the industrial sector, while a decrease of 3.9 percent in the construction sector, 0.8 percent in the agriculture sector and 0.7 percent in the mining sector.

Both the Central Bank of Iran and the Statistical Center of Iran provide statistics on GDP in the country, however, there is always a difference in the figures.

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