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Central Bank of Iran unveils value of GDP

Finance Materials 14 March 2022 16:33 (UTC +04:00)
Central Bank of Iran unveils value of GDP
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 14

Trend:

The value of Iran's Gross Domestic Product (GDP), including crude oil, increased by 4.1 percent during the first nine months of the current Iranian year (March 21 through December 21, 2021), 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 11 quadrillion rials (about $263 billion) within 9 months.

Meanwhile, in the same period last Iranian year, the figure stood at 10.6 quadrillion rials (about $253 billion).

In addition, the value of Iran's GDP (excluding crude oil) increased by 3.4 percent in nine months, compared to the same period last Iranian year.

“So, the value of Iran’s GDP (excluding crude oil) amounted to 10 quadrillion rials (about $240 billion) during the reporting period, while in the same period last Iranian year, this figure amounted to 9.75 quadrillion rials (about $232 billion),” the statistics said.

Iran reached an increase of 11.7 percent in the value of GDP in the oil-gas sector, 6.5 percent in the services sector, while a decrease of 2.1 percent in the agriculture sector for 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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