Mining, manufacturing, and utilities contributed 29.9% to Iran’s gross value added (GVA) in 2023, followed by wholesale, retail, and hotel activities (12.9%) and agriculture (14.3%). In nominal terms, the three sectors are forecast to grow by 39.6%, 38.7%, and 40.4%, respectively, in 2024.
Tehran generated around 27.3% of Iran’s GDP and was home to 16.7% of the country’s population as of 2023, according to the the analyst cities database.
Iran’s Planning and Budget Organization (PBO) allocated IRR3.0 quadrillion (over $6.0 billion) for construction and infrastructure projects in the next Iranian calendar year’s (March 2024-March 2025) national budget bill.
Tehran generated around 27.3% of Iran’s GDP and was home to 16.7% of the country’s population as of 2023, according to the the analyst cities database.
Iran’s Planning and Budget Organization (PBO) allocated IRR3.0 quadrillion (over $6.0 billion) for construction and infrastructure projects in the next Iranian calendar year’s (March 2024-March 2025) national budget bill.
Scope
- Macroeconomic Country Outlook Reports evaluate a country's investment potential through its political, economic, social, technological, legal, and environmental (PESTLE) framework.
- This comprehensive analysis offers a holistic view of the economy, serving as a strategic tool to understand market dynamics, business potential, and operational direction.
- Each PESTLE factor is examined based on four parameters: current strengths, current challenges, future prospects, and future risks. These insights support strategic planning by highlighting opportunities and risks within the economy, helping businesses and investors make informed decisions.
- The report aims to provide a detailed understanding of the country's macroeconomic environment to facilitate effective decision-making and strategy development.
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.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Iran’s performance in country risk analysis in comparison to Middle East and North Africa and the World average
- Exhibit 2: Performance overview (score: 0-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: Key sectors’ contribution to the economy (2019-26f)
- Exhibit 5: FDI inflows & outflows, FDI inward and outward stock (2019-23)
- Exhibit 6: Key infrastructure indicators
- Exhibit 7: Real GDP and household consumption growth rate (2019-26f)
- Exhibit 8: Real GDP growth rate comparison (2023)
- Exhibit 9: Volume of exports and imports growth (2019-26f)
- Exhibit 10: Current account balance (2019-26f)
- Exhibit 11: Top three commodity exports, % of total exports (2019-23)
- Exhibit 12: Plastics and articles thereof exports, % of world total (2023)
- Exhibit 13: Bank of Iran interest rates (September 2019-September 2024)
- Exhibit 14: Exchange rate and inflation (2019-26f)
- Exhibit 15: General government deficit (2019-26f)
- Exhibit 16: General government debt (2019-26f)
- Exhibit 17: Unemployment rate (2019-26f)
- Exhibit 18: Average annual wages (2019-26f)
- Exhibit 19: Labor cost index (2019-26f)
- Exhibit 20: Rural/urban share of total population (2015, 2020, 2025f, 2030f)
- Exhibit 21: Age-group share of total population (2015, 2020, 2025f, 2030f)
- Exhibit 22: Gender split (2015, 2020, 2025f, 2030f)
- Exhibit 23: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2023)
- Exhibit 24: Number of patents granted per million population (2023)
- Exhibit 25: High-technology exports, % of manufactured exports (2022 or latest)
- Exhibit 26: Rule of Law (rankings), 2023
- Exhibit 27: Corruption Perceptions Index (rankings) (2023)
- Exhibit 28: Renewable energy capacity (2019-23)
- Exhibit 29: CO2 emissions (2019-23)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- IKCO
- Saipa
