Iran PESTLE Insights - A Macroeconomic Outlook Report

Iran PESTLE Insights - A Macroeconomic Outlook Report

Summary

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.

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.

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.

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.