Domestic Economy

Iran's Business Environment Improves in Winter

“Access to water”, “access to electricity, gas and diesel” and “access to Internet and mobile phone network” were the three most prominent factors in the improvement of business environment
Iran's Business Environment Improves in Winter Iran's Business Environment Improves in Winter

Iran’s business environment has secured a modest improvement in the fourth quarter of the current fiscal year (Dec. 22, 2018-March 20) compared with the previous quarter, but a downturn over the same quarter of the year before, the latest quarterly survey by Iran Chamber of Commerce, Industries, Mines and Agriculture announced.   
Iran’s National Business Environment Index stood at 6.27 points in Q4, registering a decrease of 3.39% compared with the preceding quarter and an increase of 8.18% year-on-year. 
The index calculated by ICCIMA measures business friendliness of Iran’s economy, with 10 indicating the worst grade, which suggests that the growth of index is indicative of a deteriorating business environment.


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