Domestic Economy

Iran’s GDP Growth at 3.7% in Fiscal 2017-18

According to the Statistical Center of Iran, the economy grew by 4.3% without taking into account crude oil production
Iran’s GDP Growth at 3.7% in Fiscal 2017-18Iran’s GDP Growth at 3.7% in Fiscal 2017-18
The services sector registered the highest growth rate last year with 6.8%

Iran's economy grew 3.7% during the last fiscal year (March 2017-18), according to latest reports released by the Central Bank of Iran and the Statistical Center of Iran.
This is the first time CBI and SCI are reporting similar figures on Iran's economic growth and the first time their corresponding reports are released at the same time. 
According to CBI, Iran's gross domestic product—based on the fiscal 2011-12 prices–stood at 6,940 trillion rials ($164.2 billion based on official exchange rates) last year.


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