BAKU, Azerbaijan, March 27. The value of GDP in Iran’s industrial and mining sectors over the first nine months of the past Iranian year (from March 20, through December 20, 2024) grew by 23.8 percent compared to the same period last year (from March 21, through December 21, 2023).
Data obtained by Trend from the Central Bank of Iran (CBI) shows that the value of GDP in the industrial and mining sectors for this period amounted to around 42.4 quadrillion rials (about $74.5 billion). In the same period last year, this figure stood at 34.2 quadrillion rials (about $60.2 billion).
The statistics also reveal that the industrial sector's GDP value reached approximately 31.2 quadrillion rials (about $54.8 billion), marking a 22.9 percent increase compared to last year. In the previous year, the industrial sector's GDP was about 25.4 quadrillion rials (about $44.6 billion).
Furthermore, the mining sector contributed to the GDP with a value of 3.23 quadrillion rials (around $5.7 billion), reflecting a 22.6 percent increase compared to the same period last year, when the mining sector's GDP stood at 2.63 quadrillion rials (about $4.64 billion).
In total, the industrial and mining sectors accounted for 27.5 percent of Iran's GDP in this nine-month period.
Including crude oil, Iran’s total GDP for the nine months of the year was valued at 154 quadrillion rials (about $265 billion) at current prices. This represents a 31.4 percent increase compared to the same period last year.
To note, the CBI announced the GDP statistics in both current prices and eight-year period prices (from March 21, 2015, through March 20, 2016), which are considered an index for the country. The information includes current prices.
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