Agro Investment Down 10.8% Annually Over Eight Years

The average annual growth rate of investment in the agriculture sector stood at -10.8% from the fiscal 2011-12 to fiscal 2019-20, says the head of Agricultural Planning, Economic and Rural Development Research Institute of Agriculture Ministry.
According to the Central Bank of Iran’s data, investment in the agriculture sector decreased from 87 trillion rials ($378 million at the current exchange rate) in the year ending March 2012 (using the constant prices of the same year) to 35 trillion rials ($152 million) in the year ending March 2020, indicating an annual decrease of 10.8%. 
Ali Kianirad added that investment worth 55 trillion rials [$239 million] was made in the sector in the year ending March 2013, indicating a 38% decline compared with the year before. In the year ending March 2014, investment in this sector increased by 7% to reach 59 trillion rials ($256 million), Mehr News Agency reported.