BAKU, Azerbaijan, December 26. The value of the gross domestic product (GDP) in Iran’s industrial and mining sectors was around 18 quadrillion rials (about $427 billion) in the first six months of the current Iranian year (March 21 through September 22, 2023), Trend reports.
As reflected in the data of Central Bank of Iran (CBI), this is an increase of 36.6 percent compared with the same time last Iranian year.
In the same period last Iranian year, the figure stood at 13.1 quadrillion rials (about $313 billion).
Meanwhile, the value of Iran’s GDP in the industrial sector for 6 months was 12.4 quadrillion rials (about $294 billion), representing a 34.5-percent growth from 9.2 quadrillion rials (about $219 billion) in the same period last year.
Also, the value of Iran’s GDP in the mining sector for 6 months amounted to 5.58 quadrillion rials (about $133 billion), shows an increase of 41.4 percent compared to 3.95 quadrillion rials (about $94 billion) in the same period last Iranian year.
In total, the value of Iran’s GDP (including crude oil) was around 67.8 quadrillion rials (about $1.62 trillion) in 6 months, which is an increase of 37.8 percent compared to 49.3 quadrillion rials (about $1.17 trillion) in the same period last year.
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 an index for the country. The information includes current prices index.
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.
---
Follow the author on X (Twitter):@BaghishovElnur