BAKU, Azerbaijan, December 23. The value of Iran's Gross Domestic Product (GDP), including crude oil, increased by 37.8 percent, during the first six months of current Iranian year (March 21 through September 22, 2023), compared with the same time last year, Trend reports.
Data from Iran’s Central Bank shows that the value of Iran’s GDP (including crude oil) was around 67.8 quadrillion rials (about $1.62 trillion) in 6 months.
In the same period last Iranian year, the figure stood at about 49.3 quadrillion rials (about $1.17 trillion).
The Central Bank of Iran announced the GDP in statistics both at current prices and at the prices of 7 years ago (March 21, 2015 through March 20, 2016), which are considered as an index for the country. The information includes current prices.
In addition, the value of Iran's GDP (excluding crude oil) increased by 44.3 percent for 6 months compared to the same period last Iranian year.
So, the value of Iran’s GDP (excluding crude oil) amounted to 61.9 quadrillion rials (about $1.47 billion) during the reporting period, while in the same period last Iranian year, this figure amounted to 42.9 quadrillion rials (about $1.02 trillion).
Iran reached an increase of 18.1 percent in the value of GDP in the energy sector, 39.9 percent in the agricultural sector, 51.1 percent in the services sector, 34.5 percent in the industrial sector, 40 percent in mining sector, while a decrease of 6.6 percent in the oil-gas 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.