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Iran discloses data on economic growth in oil sector

Oil&Gas Materials 2 May 2022 12:01 (UTC +04:00)
Iran discloses data on economic growth in oil sector
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, May 2. The economic growth rate in Iran’s oil sector amounted to 1.23 quadrillion rials (about $29.4 billion) for the autumn of last Iranian year (September 23 through December 21, 2021), Trend reports via the statistics of the Central Bank of Iran (CBI).

According to the statistics, the economic growth rate in country’s oil sector increased by 134 percent compared to the autumn of the preceding Iranian year (September 22 through December 20, 2020).

Meanwhile, in the autumn of the preceding Iranian year, economic growth in the oil sector amounted to 527 trillion rials (about $12.5 billion).

In general, Iran's economic growth rate was about 16.1 quadrillion rials (about $383 billion) for the autumn of last Iranian year, which is an increase of 59 percent compared to the same season preceding Iranian year.

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