BAKU, Azerbaijan, September 24. The value of the gross domestic product (GDP) in Iran’s industrial and mining sectors was 8.17 quadrillion rials (about $195 billion) during the first three months of the current Iranian year (March 21 through June 21, 2023), Trend reports.
As reflected in the data of Central Bank of Iran (CBI), this is an increase of 35 percent compared with the same time last Iranian year.
In the same period last Iranian year, the figure stood at 6.04 quadrillion rials (about $144 billion).
Meanwhile, the value of Iran’s GDP in the industrial sector for 3 months was 5.68 quadrillion rials (about $135 billion), which is an increase of 34 percent compared to 4.2 quadrillion rials (about $100 billion) in the same period last year.
Also, the value of Iran’s GDP in the mining sector for 3 months amounted to 2.5 quadrillion rials (about $60 billion), which is an increase of 50 percent compared to 1.8 quadrillion rials (about $40 billion) in the same period last Iranian year.
In total, the value of Iran’s GDP (including crude oil) was around 29.8 quadrillion rials (about $708 billion) in 3 months, which is an increase of 40.3 percent compared to 21.2 quadrillion rials (about $505 billion) 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.
However, at the prices of 7 years ago, GDP was 3.8 quadrillion rials (about $90.5 billion) in 3 months of the current year and 1.82 quadrillion rials (about $43.3 billion) in the same period last year.
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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