Macroeconomic Outlook Report: Iran

Macroeconomic Outlook Report: Iran

Summary

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 GlobalData 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.