Iran’s economy grew by 3% in the first half of the current Iranian year (March 21-Sept. 22) compared with the similar period of last year, the Central Bank of Iran said in a report released on Dec. 22.
Without taking into account crude oil production, the growth rate stands at 2.7%.
The groups categorized by the bank as “agriculture”, “petroleum”, “industries and mines”, and “services” saw a respective GDP growth rate of 1.1%, 6.6%, 3.8% and 2.6%.
The CBI report came after the Statistical Center of Iran said the economy grew by 3.3% during the same period compared with the similar period of last year.
SCI says GDP growth stood at 3.4%, excluding crude oil production.
A sectoral breakdown of GDP shows “agriculture” registered -2.2%, “industries and mines” 5% and “services” 2.6% in growth rates during the period under review.
The “industries and mines” group includes the subcategories of “crude oil and natural gas extraction”, “other mines”, “industry”, “energy” and “construction”, which saw respective growth rates of 3.2%, 0%, 4.9%, 12.9% and -1.6%, according to SCI.