The Iran Project
: The Central Bank of Iran (CBI) says the country has achieved a 4.5% economic growth in the nine months to December 21.
Saturday 16 March 2024 - 17:10
Story Code : 417785
Source : IRNA
Iran economy grew 4.5% in nine months to late Dec.: CBI
According to the report, the country’s gross domestic product (GDP) in the nine months to Dec. 21 grew 4.5% and 3.5% with and without taking oil into account, respectively, compared to the same period last year.
The economic growth during the said period (9 months to late Dec.) follows a 4% growth last year, with both figures indicative of a continuation in improving economic activities in the country.
Also according to the CBI report, four groups of economic activities saw a rise in their value added in the nine months to Dec. 21, contributing to the economic growth in that period by a total of 4.5%. Those groups are services, oil and gas, industries and mines, and agriculture, forestry and fishing.
Based on the CBI figures, the GFCF growth in the same period hit 4.9%, mainly because of a growth in machinery and construction sectors, with each making a 7.2% and 3.3% growth, respectively.
Reporter : Editorial of The Iran Project
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