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Value of GDP in Iran's agricultural sector down

Finance Materials 24 December 2022 13:56 (UTC +04:00)
Value of GDP in Iran's agricultural sector down
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, December 24. The value of the gross domestic product (GDP) in Iran’s agricultural sector decreased by 1.1 percent, during the first six months of the current Iranian year (March 21 through September 21, 2022), 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 GDP in the agricultural sector for 6 months amounted to 1.1 quadrillion rials (about $26.4 billion).

“Meanwhile, in the same period last Iranian year, the figure stood at 1.09 quadrillion rials (about $26.1 billion),” the statistics said.

Moreover, the share of the agricultural sector in Iran's gross domestic product was 18.4 percent in 6 months.

In total, the value of Iran’s GDP (including crude oil) amounted to 7.75 quadrillion rials (about $184 billion) within the first 6 months of the current Iranian year. This is an increase of 2.97 percent compared to the same period last Iranian year. So, the figure stood at 7.52 quadrillion rials (about $179 billion) in the same period last Iranian year.

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