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Central Bank shares data on Iran’s GDP

Business Materials 14 March 2023 13:16 (UTC +04:00)
Central Bank shares data on Iran’s GDP
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 14. The value of Iran's Gross Domestic Product (GDP), including crude oil, increased by 3.72 percent, during the first nine months of the current Iranian year (March 21, 2022, through December 21, 2022), compared to the same period last Iranian year, Trend reports via the statistics of Central Bank of Iran (CBI).

According to the statistics, the value of Iran’s GDP (including crude oil) amounted to approximately 11.6 quadrillion rials (about $275 billion) in 9 months.

Meanwhile, in the same period last Iranian year, the figure stood at 11.2 quadrillion rials (about $266 billion).

In addition, the value of Iran's GDP (excluding crude oil) for 9 months increased by 3.2 percent compared to the same period last Iranian year.

“So, the value of Iran’s GDP (excluding crude oil) for nine months amounted to 10.6 quadrillion rials (about $253 billion), while in the same period last Iranian year, this figure was about 10.3 quadrillion rials (about $245 billion),” the statistics said.

Iran reached an increase of 9.3 percent in the value of GDP in the oil-gas sector, 2.8 percent in the services sector, 5.6 percent in the industrial and mining sector, and 1.1 percent in the agriculture sector within 9 months.

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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