Economy, Domestic Economy
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Economic Growth 3.6%

Economic Growth 3.6%Economic Growth 3.6%

Iran's economy grew by 3.6% in the first nine months of the current year (ending March 20) compared with the similar period last year, according to the latest statistics released by the Central Bank of Iran (CBI) on Monday.

The preliminary report by CBI indicates that Iran's real gross domestic product (GDP) exceeded 1,518 trillion rials ($54.6 billion at official exchange rates) based on 2004 prices during the nine-month period, IRNA reported.

Based on the statistics released by CBI in December last year, Iran's economy grew by 4 percent in the first half of the current year, ending two consecutive years of negative growth.

Financialtribune.com