World Business Council



IRAN

Chair

Iran, with a population of approximately 85 million and a GDP of around $650 billion in 2023, has an economy driven by oil and gas, along with agriculture and services. The per capita income is about $7,600. Despite international sanctions impacting its economy, Iran presents opportunities for foreign direct investment (FDI) in oil, gas, and infrastructure. 

Efforts to diversify the economy and develop non-oil sectors are ongoing, with potential in technology and tourism.