A Monday report by the Central Bank of Iran (CBI) suggests that Iran’s economic growth reached 5.7% in the third quarter of the current Iranian calendar year (September 23 – December 21, 2021) putting the country’s overall economic growth in the nine months to December 21, 2021 at 4.1%.
The report said that the country’s gross domestic product stood at $13.4 billion in the three-month period showing a 5.7% growth compared to last year’s corresponding period.
The improvement of gross domestic product in the period under review was largely due to 8.1, 3.8 and 5.4 percent growth in services, industries and mines, and oil groups respectively.
The agriculture group, however, fell by 2.5% in the three-month period in comparison to figures from the last year’s corresponding period.
The country’s growth domestic product including oil revenues and excluding oil revenues registered 4.1 and 3.4 percent growth respectively in comparison to the first nine months of the preceding year.