Iran PESTLE Insights – A Macroeconomic Outlook Report
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Mining, manufacturing, and utilities contributed 32.2% to Iran’s gross value added (GVA) in 2022, followed by agriculture (13%) and wholesale, retail, and hotel activities (11.9%). In nominal terms, the three sectors are forecast to grow by 41.3%, 41.4%, and 41.4%, respectively, in 2023.
Tehran generated around 26.3% of Iran’s GDP and was home to 16.6% of the country’s population as of 2022, according to the GlobalData cities database.
Scope
In May 2023, President Ebrahim Raisi inaugurated an investment project worth IRR2.9 trillion ($68.4 million), which includes 11 electricity projects and water supply lines to 155 rural areas of the country.
Key Highlights
The TEDPIX index has been exhibiting a volatile trend. As of July 18, 2023, the index stood at 1,956,634, compared to 1,469,832 on July 18, 2022.
Reasons to Buy
Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Saipa
Table of Contents
Frequently asked questions
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