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Iran H1 GDP Growth at 0.4% (Mar-Sep 2018)

Excluding the share of oil sector from GDP, Iran's growth rate stands at 0.3%
Iran H1 GDP Growth at 0.4% (Mar-Sep 2018)
Iran H1 GDP Growth at 0.4% (Mar-Sep 2018)

Iran's gross domestic product hit 3,738 trillion rials ($33.38 billion at the exchange rate of 112,000 rials per dollar) during the first half of the current fiscal year (March 21-Sept. 22) to register a 0.4% growth compared with last year's corresponding period, the Statistical Center of Iran's latest report shows.
Excluding the share of oil sector from GDP, the figure stood at 2,899 trillion rials ($25.88 billion), which indicates a 0.3% growth year-on-year.
The breakdown of GDP for the three economic sectors shows only the services sector experienced growth with 2.3%. The two other sectors of agriculture and industry saw contractions of 2.5% and 1.2% respectively.

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