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Iran’s CBI shares data on value of GDP in services sector

Business Materials 4 January 2023 13:10 (UTC +04:00)
Iran’s CBI shares data on value of GDP in services sector
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, January 4. The value of the gross domestic product (GDP) in Iran’s services sector (trade, restaurant, transport, communication, monetary and financial institutions, professional and private, public, and so on) amounted to 4.25 quadrillion rials (about $101 billion), during the first six months of the current Iranian year (March 21 through September 2022), Trend reports via the statistics of Central Bank of Iran (CBI).

According to the statistics, the value of GDP in the services sector for the reporting period increased by 2.6 percent compared to the same period last Iranian year.

So, the value of GDP in the services sector amounted to about 4.14 quadrillion rials (about $98.6 billion) in the same period last Iranian year.

Moreover, the share of the services sector in Iran's gross domestic product was 41.8 percent in 6 months.

In total, the value of Iran’s GDP (including crude oil) amounted to 7.75 quadrillion rials (about $184 billion) within the first 6 months of the current Iranian year. This is an increase of 2.97 percent compared to the same period last Iranian year. So, the figure stood at 7.52 quadrillion rials (about $179 billion) in the same period last Iranian year.

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