SCI statistics launched on Monday confirmed Iran’s gross home product (GDP) reached greater than $72 billion within the six months to September 21, up from 48.727 trillion rials in the identical interval a 12 months earlier. Ta.
According to the info, Iran’s GDP excluding oil additionally elevated by 2.6% year-on-year from April to September, reaching 38.374 trillion rials.
SCI makes use of fastened costs reported in 2021 because the baseline for calculating financial indicators.
According to the statistics, Iran’s manufacturing and mining sectors, together with oil manufacturing actions, expanded by 5.3% within the six months to late September in comparison with the identical interval final 12 months.
They confirmed that the GDP of Iran’s agricultural sector elevated by 2.9% and the providers sector expanded by 2.5% throughout the identical interval.
Iran’s financial progress has continued lately regardless of a U.S. sanctions regime that restricts the nation’s oil exports and entry to monetary and banking providers.
A gradual enhance in oil exports to non-public consumers in Asian markets, significantly China, has contributed to Iran’s sturdy financial progress lately.
According to the most recent estimates, Iran sells greater than 1.5 million barrels of oil per day.
The GDP of Iran’s oil sector, which incorporates the extraction and sale of oil and gasoline, expanded by 8.8% within the six months to late September in contrast with the identical interval a 12 months in the past, in response to SCI statistics.
MA/Press TV