Iran economy grows by 4.1% in first 3 quarters: Central Bank
The Iranian economy has been making strides despite the sanctions imposed on the country.
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Car manufacturing in Tehran, at the main plant of Iran Khodro Company
Iran's total GDP grew by 4.1% during the first 9 months of the Iranian calendar year of 1400, which extends from March 21 to December 21 of 2021.
Iran's central bank released statistics showing that the country's economy grew by 3.4%, not taking into account the Islamic Republic's oil exports.
National economic growth excluding oil registered a growth of 5.8% during the same period.
The Central Bank of Iran's figures reflected growth in various areas and sectors, which included the services sector (8.1%), the industries and mines sectors (3.8%), and the oil sector (5.4%) compared to the same period in 2020.
However, the agriculture sector, as per the figures, recorded negative growth of 2.5%.
