BAKU, Azerbaijan, January 3. The value of the gross domestic product (GDP) in Iran’s services sector (trade, restaurant, transport, communication, monetary and financial institutions, professional and private, public, and so on) increased by 51.1 percent in the first six months of the current Iranian year (March 21 through September 22, 2023), compared with the same time last year, Trend reports.
During 6 months, the value of GDP in the services sector was around 31.4 quadrillion rials (about $749 billion), as stated in the data of the Central Bank of Iran.
In the corresponding period as the previous Iranian year, the figure stood at 20.8 quadrillion rials (about $495 billion).
Also, the share of the services sector in Iran's gross domestic product was 45.2 percent in 6 months.
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 index.
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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