Iran’s Central Bank: Iraq’s economy up 1.4%
2025-03-21 14:37:24 - From: Shafaq News
Shafaq News/ Iraq recorded economic growth of 1.4% over the past Iranian year, according to economic indicators released on Friday by Iran’s Central Bank.
The figures, covering the first nine months of the Iranian year that ended on Thursday, showed that Iran’s economy grew by 3.7%, a rate the bank described as stable and reasonable compared with regional and global averages.
Fixed capital formation in Iran increased by 3.4%, while non-oil trade reached over $116 billion, marking an 11.2% rise, according to the report.
The data showed that Turkiye’s economy expanded by 2.8%, Pakistan by 2.5%, and Iraq and Saudi Arabia by 1.4%. The overall growth rate for the Middle East and Central Asia was 2.4%.
