Iran’s economic growth in the previous Iranian calendar year (March 21, 2023 to March 19, 2024) with/without oil included increased 4.5 percent and 3.6 percent respectively.
Iran’s economy grew by 5.7% in the fiscal year ending in late March 2024, marking the highest growth since 2017, according to the Statistical Center of Iran (SCI).
The Central Bank of Iran (CBI) has issued a report which suggests that the country’s economy has grown by 4.5% in the first three quarters of the fiscal year (March 21 – December 21, 2023).
Vice-President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammadreza Bahraman believes Iran has the potential to triple its GDP in the medium term.
Head of Iran’s Plan and Budget Organization Davood Manzour has said that this country is now the 19th largest economy in the world, with a gross domestic product (GDP) of $1.81 trillion based on the purchasing power parity (PPPs).
The United Nations announced a three-percent economic growth for Iran in 2023, saying it surpassed the economic growth rates of 99 countries and stood in the second rank in the Middle East region.
Figures by the Iranian government’s statistics agency (SCI) show the country’s economy grew by 3.3% in the first three quarters of the Iranian calendar year (March 21 – December 21, 2022).
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.
Iran’s gross domestic product (GDP) excluding oil grew 3.4 percent in the first six months of the current Iranian calendar year (March 21 – September 22) compared to the same period last year, according to the Statistical Center of Iran (SCI).
Iranian President Ebrahim Raeisi on Saturday referred to the significance of trade and exports in the country’s new five-year development plan and said that political diplomacy has to serve economic diplomacy.