Iran-Economy

Iran's economy contracts more than 10 pct during war: official data

  • English
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  • ID : 8500257
  • Dateline : Sept 20, 2026/File
  • Location : Iran
  • Category : Other,Restrictions
  • Duration : 1'27
  • Audio Language : Nats/Part Mute
  • Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : See shotlist
  • Published : 2026-09-22 01:33
  • Last Modified : 2026-09-22 04:08:34
  • Version : 3

Iran-Economy

Iran's economy contracts more than 10 pct during war: official data

Dateline : Sept 20, 2026/File

Location : Iran

Duration : 1'27

  • English


FILE: Tehran, Iran - Date Unknown (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
1. Iranian national flag, city view

FILE: Tehran, Iran - May 2026 (CCTV - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
2. Various of traffic, pedestrians
3. Various of traffic, Iranian national flags along roadside

FILE: Tehran, Iran - Feb 28, 2026 (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
4. Various of cityscape after explosions, smoke rising from buildings

FILE: Kharg Island, Iran - 2016-2018 (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
5. Various of oil storage tanks, flame at oil refinery, facilities

Strait of Hormuz - Sept 8, 2026 (CGTN - No No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
6. Various of stationary vessels at sea; waves

FILE: Washington D.C., USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
7. Various of White House, flags
8. Various of Capitol Hill; U.S. national flag


Iran's gross domestic product (GDP) contracted by more than 10 percent year on year during the U.S.-Israel-Iran war, official data showed on Sunday.

According to the Statistical Center of Iran, the country's GDP, including the oil and gas sector, fell by 10.1 percent year on year from March 21 to June 20, a period corresponding to the first quarter of the Persian calendar year.

Meanwhile, GDP excluding oil and gas sector declined by 4.6 percent year on year during the same period, the data showed.

Iran has long been subject to Western economic sanctions and was already facing pressure from currency depreciation and inflation. After the United States and Israel launched military operations against Iran in late February, U.S. restrictions and sanctions on Iran were further intensified.

In late August, the U.S. Treasury Department announced a new round of sanctions against Iran.

In response, Iran's Ministry of Economic Affairs set up an "Economic War Command Center" to coordinate and speed up efforts to address economic challenges arising from the conflict.

On Feb. 28, Israel and the United States launched joint attacks on Tehran and other Iranian cities. Iran responded with waves of missile and drone attacks targeting Israel and U.S. bases and assets in the region, and tightened its grip on the Strait of Hormuz.

ID : 8500257

Published : 2026-09-22 01:33

Last Modified : 2026-09-22 04:08:34

Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)

Restrictions : See shotlist

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