Iran GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Iran contracted 4.20 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Iran averaged 4.58 Percent from 1963 until 2013, reaching an all time high of 23.01 Percent in the second quarter of 1992 and a record low of -12.54 Percent in the fourth quarter of 1979. GDP Annual Growth Rate in Iran is reported by the Central Bank of Iran.
||1963 - 2013
Iran has a fairy diversified economy. Although the country is one of the world’s major oil producers, the oil sector accounts only for 23 percent of GDP. The largest contributor to the GDP is services (around 50 percent of total output). Within services, the most important are real estate and specialized and professional services (14 percent of GDP); trade, restaurants and hotels (12 percent of GDP) and public services (10 percent of GDP). Manufacturing and mining constitute 20 percent of GDP and agriculture 10 percent. This page provides - Iran GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.