BAKU, Azerbaijan, January 2. Iran’s GDP value
in industrial and mining sectors grew by 22.8 percent during the
last six months of the Iranian year (from March 20 through
September 21, 2024) compared to the same period of last year (from
March 21 through September 22, 2023).
The data obtained by Trend from the country’s Central Bank shows that GDP
in the industrial and mining sectors amounted to 27.2 quadrillion
rials (about $47.8 billion) during the six months. The value of GDP
in the industrial and mining sectors in the same period last year
amounted to about 22.2 quadrillion rials (about $38.9 billion).
The information showed that GDP in the industrial sector
amounted to 19.8 quadrillion rials (about $34.8 billion) during the
six months. This is 21.9 percent higher than the same period last
year. In the same period last year, GDP in the industrial sector
totaled 16.2 quadrillion rials (about $28.6 billion).
Moreover, the statistics add that the value of GDP in the mining
sector for the six months amounted to about 2.08 quadrillion rials
(about $3.65 billion). This is 19.2 percent more than in the same
period last year. During the same period last year, GDP in the
mining sector amounted to 1.74 quadrillion rials (about $3.06
billion).
According to the statistics, the share of the industry and
mining sector in GDP amounted to 27.3 percent for six months.
Furthermore, the value of GDP, including crude oil, for six
months totaled about 99.6 quadrillion rials (about $177 billion) at
current prices. Taking into account crude oil, the value of Iran’s
GDP for six months increased by 30.6 percent compared to the same
period last year.
To note, Iran’s Central Bank published GDP statistics in both
current prices and 8-year-old prices (from March 21, 2015, through
March 20, 2016), which is considered an index for the country. The
information includes current prices.
