IFP Exclusive

Iran’s economic growth rate was 5.8% last fall: Central Bank

Iran’s Central Bank has released the economic indices for the third quarter of the last Persian-calendar year (ended March 20).

According to the figures, Iran’s non-oil economic growth rate for the quarter was 5.8%, and the country’s GDP was 3.7%.

And the services sector registered a growth of more than 8%.

Iran is under stringent US sanctions, which have targeted its oil sales and non-oil economic development.

Sanctions that had been removed under a 2015 deal between Iran and six other partners were re-introduced and a range of other stringent bans were imposed in the country after former US President Donald Trump unilaterally withdrew from the agreement in 2018.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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