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Iran's GDP increased 6.7 percent for March 2003-2004

Tehran, June 19, IRNA-Iran's gross domestic product (GDP) for the Iranian year of 1382 (ended March 19, 2004) rose by 6.7 percent compared to the previous year reaching rls 379,09 billion calculated at 1376 prices.

The value-added in agriculture sector was 7.1 percent higher toping rls 53,354 billion and it's share at market prices was slightly lower and stood at 11.6 percent compared to the same period in the previous year.

The industrial and mining sector's growth also rose by 7.4 percent in 1382 compared to the preceding year. Over 93 percent of value-added was attributed to the industrial sector.

Also, the value-added in the service sector grew by 5.1 percent and the sector generated 49.5 percent of the GDP at the 1376 prices.

Iran's economic growth rate rose to 8.03 percent in 2003 from 5.56 percent in 1993, said the Economic Accounts Department at Iran's Statistics Center (ISC) said last month.

The ISC said Iran's per capita income has been following an upward trend since 1993, reaching rls 15.5 million in 2003 from rls 1.5 million in 1993.

The ISC Public Relations Department said per capita income in fixed prices rose to rls 6.5 million in 2003 from rls 4.7 million in 2003.

The report said that mining sector (including the oil sector) has had a major share (17.7 percent), followed by the industry sector with 14.9 percent share; wholesale and retail sale as well as vehicle repair and goods with 12.3 percent share; business, professional and real estates with 11.5 percent share; the transportation and communications sector with 6.8 percent share in the GDP generation, the ISC said .

The ratio of exports to the GDP stood at 25.7 percent, said the report.

Compared to other provinces of the country, Tehran -- whose population accounts for 17.8 percent of the country's population -- had a 25.9 percent share in the GDP generation, followed by Khuzestan province with 14.3 percent, Khorasan with 6.1 percent, and Isfahan with 5.8 percent share.

Copyright (c) 2005 RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.

... Payvand News - 6/19/05 ... --

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