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Iran's 2007 GDP growth rate at 6.9% last year

Press TV - The Central Bank of Iran has released early estimates based on which the GDP growth rate was recorded at 6.9 percent last Iranian year.

Based on the report, the country's seasonally adjusted real GDP (gross domestic product) in base year prices of 1376 (1997) increased to $50.30 billion last Iranian year (ended March 19) from $47.06 billion the previous year.

The GDP growth rate was 6.9 percent last year compared to 6.2 percent the year before.

The CBI report says the rise is largely due to an increase in value added in certain sectors including agriculture, housing construction, transportation, warehousing and communication, as well as social and household services.

... Payvand News - 08/13/08 ... --

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