The Economic Growth Rate for the First Half of the Year 1397 (Base Year: 1390)
The Economic Growth Rate for the First Half of the Year 1397 [1](Base Year: 1390)
According to the compiled Quarterly National Accounts which were released by the Statistical Centre of Iran, the growth rate of the Gross Domestic Product (GDP) of the country at market price (base year: 1390) for the first half of the year 1397 was 0.4 percent.
The results indicate that the industries of agriculture and manufacturing groups (including natural gas and crude oil extraction, exploitation of other mines, manufacturing, energy and construction sectors) had a negative growth of -2.5 and
-1.2 percent respectively and services group experienced a 2.3 percent growth.
|
Sector
|
Growth Rate for the First Half of the Year 1397*
(base year 1390) (percent)
|
|
Agriculture
|
-2.5
|
|
Manufacturing
|
-1.2
|
|
Services
|
2.3
|
|
Gross Domestic Product
(Market Price)
|
0.4
|
|
Gross Domestic Product excluding oil (Market Price)
|
0.3
|
*It should be mentioned that the supplementary information on the Quarterly National Accounts for the first half of the year 1397 is available at
https://www.amar.org.ir/english/Statistics-by-Topic/National-accounts
[1] . It is the Iranian year which usually begins within a day of 21 March of the Gregorian calendar. To find the corresponding year of the Gregorian calendar, add 621 or 622 (depending on the time of the year) to a Solar Hijri year. For example the corresponding year of the year 1397in the Gregorian calendar is (from 21 March 2018 to 20 March 2019).