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Iran sees increase in value of GDP in oil-gas sector

Oil&Gas Materials 21 December 2021 15:32 (UTC +04:00)
Iran sees increase in value of GDP in oil-gas sector

BAKU, Azerbaijan, Dec. 21

By Elnur Baghishov – Trend:

The value of the gross domestic product (GDP) in Iran’s oil-gas sector increased by 15.1 percent, during the first six months of the current Iranian year (March 21 through September 22, 2021), compared to the same period last Iranian year, Trend reports citing the statistics of Central Bank of Iran (CBI).

According to the statistics, the value of GDP in the oil-gas sector for the mentioned period amounted to about 629 trillion rials (about $15 billion).

Meanwhile, in the same period last Iranian year, the figure stood at 546 trillion rials (about $13 billion).

The share of the oil-gas sector in Iran's GDP was 1.1 percent, the statistics said.

As reported, the value of Iran’s GDP (including crude oil) amounted to 7.53 quadrillion rials (about $179 billion) over the first six months of the current Iranian year. This is an increase of 3.3 percent compared to the same period last Iranian year. So, the figure stood at 7.28 quadrillion rials (about $174 billion) in the same period last Iranian year.

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