BAKU, Azerbaijan, December 24. The value of the gross domestic product (GDP) in Iran’s oil-gas sector fell by 6.6 percent in the first six months of the current Iranian year (March 21 through September 22, 2023), compared with the same time last Iranian year, Trend reports.
Data from Iran’s Central Bank shows that the value of GDP in the oil-gas sector for 6 months was around 5.93 quadrillion rials (about $141 billion) at current prices.
Meanwhile, the figure stood at 6.34 quadrillion rials (about $151 billion) in the same period last Iranian year.
At the same time, the share of the oil-gas sector in Iran's GDP for six months was 8.7 percent.
In total, the value of Iran’s GDP (including crude oil) was around 67.8 quadrillion rials (about $1.62 trillion) in 6 months, which is an increase of 37.8 percent compared to 49.3 quadrillion rials (about $1.17 trillion) 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.
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.
