{"id":9620,"date":"2024-01-29T04:25:33","date_gmt":"2024-01-29T04:25:33","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=9620"},"modified":"2024-01-29T04:25:33","modified_gmt":"2024-01-29T04:25:33","slug":"irans-oil-gas-industry-productivity-growth-hits-16-3-under-13th-administration","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/9620\/","title":{"rendered":"Iran\u2019s oil, gas industry productivity growth hits 16.3% under 13th administration"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0Iran\u2019s oil and gas industry has witnessed a 16.3 percent productivity growth under the 13th administration during the 6th National Development Plan (ending March 19, 2024).<\/p>\n

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The oil and gas industry\u2019s productivity has soared to 12.6 percent from -3.7 percent as domestic economy\u2019s productivity rate has reached 3.7 percent from 0.8 percent, showing the country\u2019s productivity and economic growth owes to the oil industry more than other sectors.<\/p>\n

The 13th administration has focused on beating off economic challenges since it took office in August 2021. A glance at statistics related to economic activities of different sectors shows that the slogan adopted in summer 2021 has been now put into action.<\/p>\n

The country\u2019s economic growth has witnessed increases since the 13th administration took over.<\/p>\n

Signs of hope for finding a way out of the 2010s stagflation have now appeared thanks to the 13th administration\u2019s efforts as the average economic growth in 2021 and 2022 rose to 4.2 percent, of which 75 percent owes to productivity growth.<\/p>\n

The oil and gas industry has played a greater role when compared to other sectors\u2019 shares in achieving the economic growth.<\/p>\n

According to the figures released by the Statistical Center of Iran (SCI), the oil industry registered 19.8 percent and 25.6 percent growth in spring and summer 2023 respectively \u2013 22.7 percent on aggregate in the six months \u2013 having a 16 percent role in increasing Iran\u2019s gross domestic product (GDP).<\/p>\n

The SCI data also showed that Iran’s economic growth in summer 2023 stood at 7.1 percent if the oil sector\u2019s growth included and 4.2 percent if excluded.<\/p>\n

The SCI data also showed that Iran’s economic growth including oil reached 7.1 percent in summer 2023 and the figure excluding oil stood at 4.2 percent.<\/p>\n<\/div>\n<\/div>\n

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