• 25 November 2018 - 20:29
  • News Code: 93966

Iran's external debt in the first six months of the current year reduced by 9 percent, compared to the beginning of the year.

According to the latest figures of the Central Bank of Iran, the volume of Iran's foreign debt based on its initial maturity stood at 10.317 bn dollars, of which 6.853 bn dollars are for mid-term and long-term debts and 3.464 bn dollars for short-term debts.

Iran's foreign debt in euro is 8.783 bn euros, of which 5.834 bn euros are for both mid-term and long-term debts and 2.949 bn euros are short-term debts share.

Iran's debt volume in the end of Mordad month (based on Iranian calendar) was 10.405 bn dollars and it reduced to 10.317 bn dollars in Shahrivar, while the foreign debt of Iran in the end of the first month of the current year was 11.305 bn dollars, showing the decrease of Iran's foreign debt in the first six months of the current year.

It is worth mentioning that Iran's debt to its GDP is roughly 2.5 percent which is a low figure. Iran's foreign debt index to its GDP in comparison with other nations signifies Iran is among those countries have lowest foreign debt.


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