BAKU, Azerbaijan, September 20. The value of Iran's Gross Domestic Product (GDP), including crude oil, increased by 40.3 percent, during the first three months of current Iranian year (March 21 through June 21, 2023), compared with the same time last year, Trend reports.
According to the data of the Central Bank of Iran, the value of Iran’s GDP (including crude oil) was around 29.8 quadrillion rials (about $708 billion) in 3 months.
In the same period last Iranian year, the figure stood at 21.2 quadrillion rials (about $505 billion).
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 as an index for the country. The information includes current prices.
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.
In addition, the value of Iran's GDP (excluding crude oil) increased by 48.8 percent for 3 months compared to the same period last Iranian year.
So, the value of Iran’s GDP (excluding crude oil) amounted to 26.7 quadrillion rials (about $636 billion) during the reporting period, while in the same period last Iranian year, this figure amounted to 18 quadrillion rials (about $427 billion).
Iran reached an increase of 13.4 percent in the value of GDP in the energy sector, 58.6 percent in the agricultural sector, 55.2 percent in the services sector, 34.1 percent in the industrial sector, 37.2 percent in mining sector, while a decrease of 6.9 percent in the oil-gas sector.
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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