In a report released later on Saturday, the Iranian Statistics Centre (SCI) said in a report released later on Saturday that Iran’s gross domestic product (GDP) reached 100,260 trillion rials (over $125 billion at free market prices) in 1403, reaching 97,301 trillion rials reported in 2024 to 97,301 trillion rials reported by Press TV.
SCI considers the fixed prices reported in 2021 as the baseline for GDP calculations.
He said that oil-free Iran’s GDP has also expanded by 2.1% to 76,140 trillion rial.
The manufacturing and mining sector, including the oil industry, was the best performers of the Iranian economy from the late March to the late March calendar year to the late March, as the Iranian oil sector expanded by 6.2% over the period.
The figures showed that Iran’s agriculture and services sectors each had an increase of 2.5% from late March.
A table published by SCI on its website shows that growth in Iran’s oil and gas sector slowed by 1.9% until March 2024.
Oil accounted for 24.7% of Iran’s economy from March 2025 to March 2025 as sector GDP totaled to RI 24,119 trillion over the period.
Iran’s services sector has GDP at 38,746 trillion RI, accounting for more than 40% of Iran’s economy.
SCI figures on economic growth are usually lower than those reported by the Central Bank of Iran (CBI).
The CBI reported that the economic growth rate, three-quarters, was around 3.7% since late December 2024.
The Iranian economy has grown over the past four years despite inflationary pressures caused by foreign sanctions and global supply chain problems.
MNA