Economic growth in 1401 reached 4%
According to Iran Economistthe central bank announced: the growth of the gross domestic product in all seasons of 1401 had an upward trend, so that from the first quarter to the end of the fourth quarter of the said year, the country’s economic growth rate was 1.9 percent, 3.9 percent, respectively. The percentage was 4.9% and 5.3%.
According to the preliminary calculations of the economic accounts department of this bank, the gross domestic product at the base price (at constant prices of 2015) in the fourth quarter of 1401 reached the figure of 3596.8 thousand billion rials, which compared to the fourth quarter of 1400, a growth of 5. It shows 3 percent. Also, the economic growth without oil during the mentioned period was equal to 4.7%.
Investigating the state of investment in various economic sectors (at constant prices of 2015) shows that in the fourth quarter of 2011, “gross fixed capital formation” has grown by 6.0 percent compared to the same period of the previous year; So that in the reported period, the growth of gross fixed capital formation in the two subsectors of “machinery” and “construction” was equal to 10.6 and 3.2 percent, respectively.
Also, the growth of gross fixed capital formation in 1401 was equal to 6.7% and in the two sub-sectors “machinery” and “construction” was 15.4% and 1.2% respectively; This is despite the fact that the growth of the said component in 1400 was equal to zero percent. For this reason, the growth of investment expenses in 1401 indicates the improvement of the prospects of economic actors and the improvement of production capacities in the coming years.
In total, the performance of the country’s gross domestic product at the base price in 1401 “including oil” and “without oil” at the constant prices of 1395 reached 15,154.0 and 13,881.8 thousand billion rials, respectively, compared to the previous year. It has been associated with an increase of 4.0 and 3.5 percent, respectively. Realization of economic growth of 4.0% in 1401 along with economic growth of 4.4% in 1400 indicates the continuation of acceptable growth of economic activities in the country.
It is worth noting that the GDP growth in all the seasons of 1401 had an upward trend, so that from the first quarter to the end of the fourth quarter of the said year, the country’s economic growth rate was 1.9%, 3.9%, 4% respectively. It was 9% and 5.3%.
Report on developments in the real sector of Iran’s economy in 1401