{"id":604,"date":"2025-06-18T14:57:13","date_gmt":"2025-06-18T11:27:13","guid":{"rendered":"https:\/\/moneyro.app\/en\/blog\/?p=604"},"modified":"2025-06-24T16:12:55","modified_gmt":"2025-06-24T12:42:55","slug":"iranian-economy-grows-by-3-in-2024-25-led-by-petroleum-and-manufacturing-sectors","status":"publish","type":"post","link":"https:\/\/moneyro.app\/en\/blog\/iranian-economy-grows-by-3-in-2024-25-led-by-petroleum-and-manufacturing-sectors\/","title":{"rendered":"Iranian Economy Grows by 3% in 2024\u201325, Led by Petroleum and Manufacturing Sectors"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Iranian economy expanded by 3% in the calendar year ending March 20, 2025, according to new data released by the Statistical Center of Iran (SCI). The country\u2019s gross domestic product (GDP) reached 100,260 trillion rials (over $125 billion at free market exchange rates), up from 97,301 trillion rials the previous year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The SCI uses 2021 fixed prices as the base for its calculations. Excluding oil, the Iranian economy grew by 2.1%, reaching 76,140 trillion rials in non-oil GDP.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The strongest performance came from the manufacturing and mining sector, including oil, which grew by 3.4%. The petroleum sub-sector alone expanded by 6.2%, despite signs of a slowdown. Oil and gas sector growth decelerated by 1.9% compared to the previous year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Iran\u2019s agriculture sector grew by 3.2%, while services expanded by 2.5%. The services sector remained the largest component of the economy, contributing over 40% of GDP, or 38,746 trillion rials. Oil accounted for 24.7% of GDP, with a value of 24,119 trillion rials.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The SCI figures were slightly more conservative than those from the Central Bank of Iran (CBI), which had reported a 3.7% economic growth rate for the first three quarters of the same year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite enduring inflationary pressures, international sanctions, and disruptions in global supply chains, Iran has maintained positive economic growth for the past four consecutive years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Iranian economy expanded by 3% in the calendar year ending March 20, 2025, according to new data released by the Statistical Center of Iran (SCI). The country\u2019s gross domestic product (GDP) reached 100,260 trillion rials (over $125 billion at free market exchange rates), up from 97,301 trillion rials the previous year. The SCI uses [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-exchange"],"_links":{"self":[{"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/posts\/604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/comments?post=604"}],"version-history":[{"count":1,"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/posts\/604\/revisions"}],"predecessor-version":[{"id":606,"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/posts\/604\/revisions\/606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/media\/605"}],"wp:attachment":[{"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/media?parent=604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/categories?post=604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneyro.app\/en\/blog\/wp-json\/wp\/v2\/tags?post=604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}