TEHRAN- Iran's gross domestic product (GDP) including oil grew 4.5 percent in the first nine months of the current Iranian calendar year (March 21-December 21, 2023), compared to the first three quarters of last year, according to the Central Bank of Iran (CBI).

Based on the CBI data, the figure excluding oil increased by 3.5 percent, IRNA reported.

Earlier, the Statistical Centre of Iran (SCI) had put the country’s GDP growth at 5.1 percent in the third quarter of the current Iranian calendar year (September 23-December 21, 2023); the figure excluding oil increased by 2.5 percent.

The SCI data indicate that in the autumn of the current Iranian year, the oil and gas sector was the leading sector growing by 21.8 percent, the industry sector grew by 1.3 percent, the mining sector grew by 0.3 percent and the services sector grew by 4.6 percent compared to the Q3 1401.

As announced previously by the central bank, Iran's GDP grew four percent in the past Iranian calendar year 1401 (ended on March 20).

The CBI put the GDP growth at 3.5 percent excluding oil.

According to CBI data, the GDP growth was positive in all four quarters of the previous year so that from the first quarter to the end of the fourth quarter of the said year, the economic growth rate of the country was 1.9 percent, 3.9 percent, 4.9 percent, and 5.3 percent, respectively.

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