BAKU, Azerbaijan, September 21. The value of the gross domestic product (GDP) in Iran’s oil-gas sector decreased by 6.9 percent during the first three months of the current Iranian year (March 21 through June 21, 2023), compared with the same time last Iranian year, Trend reports.
As indicated in the data of the Central Bank of Iran, the value of GDP in the oil-gas sector for 3 months was 3.04 quadrillion rials (about $72.3 billion) at current prices.
Meanwhile, the figure stood at 3.26 quadrillion rials (about $77.7 billion) in the same period last Iranian year.
At the same time, the share of the oil-gas sector in Iran's GDP for nine months was 10.2 percent.
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.
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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