The growth of the industrial sector in Iran suffers from a negative rate of -9.5 % according to a report on the crisis in the industry by the Research Centre of the Iranian regime’s Parliament.
The report, published on December 16 , was made public on December 20.
Kazem Jalali, the center’s director told state-run TV network : ” The investment in the industrial sector in Iran , estimated at 22,000 billion tomans ($ 8.5 billion in 2008) , dropped to 9,000 billion tomans ( $3.5 billion) in 2013 , meaning dropped to half. this is a disaster for the industry sector which represents 20% of the country’s economy. “
Due to the negative slope of industrial growth , hundreds of production units had to file for bankruptcy, the labor market has collapsed , foreign trade declined and inflation soared , analysts say .
According to a report from the Ministry of Industry, Mines and Trade, published in December , while the annual average industrial output per capita in the world is $ 1,277, it is only $316 dollars in Iran, close to a quarter of the international average.
A comparison with other countries in the region indicates that Saudi and Turkish industrial production respectively are 4.5 and 5.0 times greater than that of Iran. This statistic also shows that a Saudi citizen exports 12 times more than an Iranian industrial products .
