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Macroeconomic Analysis
NewLuxembourg PESTLE Insights – A Macroeconomic Outlook Report
Financial intermediation, real estate, and business activities contributed 47.1% to the gross value added (GVA) in 2023, followed by transport, storage and communication (11.6%) and wholesale, retail, and hotel activities (10.1%). In nominal terms, the three sectors are expected to grow by 5.1%, 5.6%, and 5.5%, respectively, in 2024. According to the Central Bank of Luxembourg, Luxembourg’s direct investment position was at $994.9 billion in Q4 2023, compared to the investment of $969.2 billion in Q4 2022. The country had...
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Macroeconomic Analysis
NewGlobal Macroeconomic Outlook – Q2 2024 Update
Global Macroeconomic Outlook Report Overview 2024 is anticipated to be a pivotal year, characterized by a shift in consumption from services to goods and an acceleration in investment as monetary conditions gradually ease. Furthermore, industrial production is expected to rebound in 2024 and 2025, following a slump in 2023. This recovery is likely to be driven by gradual improvements in external demand and easing supply chain constraints. However, non-macroeconomic risks, particularly geopolitical shocks, remain significant, contributing to the uncertainty surrounding...
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Macroeconomic Analysis
NewChile PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing, and utilities contributed 29.3% to the gross value added (GVA) in 2023, followed by wholesale, retail, and hotels (11.8%) and transport, storage and communications (7.7%). In nominal terms, the three sectors are forecast to grow by 6.0%, 4.8%, and 3.7%, respectively, in 2024. Four major regions in Chile generated 52.3% of the country’s GDP and comprised 53.0% of the country’s population, as of 2023, according to GlobalData’s cities database
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Macroeconomic Analysis
NewJapan PESTLE Insights – A Macroeconomic Outlook Report
Financial intermediation, real estate and business activities contributed 25.1% to the gross value added (GVA) in 2023, followed by mining, manufacturing and utilities activities (23.4%), wholesale, retail and hotels activities (14.8%). In nominal terms, the three sectors are expected to grow by 3.3%, 3.2% and 2.7%, respectively, in 2024. Three major metropolitan areas in Japan generated 64.6% of the country’s GDP in 2023, and comprised 48.4% of the country’s population, in 2023, according to GlobalData.
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Macroeconomic Analysis
NewGermany PESTLE Insights – A Macroeconomic Outlook Report
Financial intermediation, real estate and business activities contributed 25.0% to the gross value added (GVA) in 2023, followed by mining, manufacturing and utilities activities (23.9%), wholesale, retail and hotels activities (12.0%). In nominal terms, the three sectors are expected to grow by 2.8%, 2.4% and 3.2%, respectively in 2024. Four major states comprised 60.4% of the country’s population in 2023 and 62.6% of the German GDP in 2022, according to the Eurostat.
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Macroeconomic Analysis
NewChina PESTLE Insights – A Macroeconomic Outlook Report
China PESTLE Insights Report Overview The GDP of China was $17.8 trillion in 2023 and the country ranked 52nd out of 153 nations in the GCRI Q3 2023. On March 11, 2024, China's parliament amended a law to enhance the Communist Party's control over the State Council and China's cabinet following the cancellation of the premier's post-parliament news conference for the first time in thirty years. Buy the Full Report to Get More Insights into the China PESTLE Insights Report...
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Macroeconomic Analysis
NewBelgium PESTLE Insights – A Macroeconomic Outlook Report
Belgium PESTLE Outlook Report Overview The GDP of Belgium was $626.0 billion in 2023 and the country ranked 14th out of 153 nations in the GCRI Q1 2024. The Belgian government introduced the NEED project during its presidency of the Council of the European Union in 2024. During its presidency, Belgium aims to advance its unique multi-criteria approach to categorize unmet medical needs. Buy the Full Report to Get More Insights into the Belgium PESTLE Insights Report Download a Free...
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Macroeconomic Analysis
NewUnited Arab Emirates (UAE) PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing, and utilities contributed 44.2% to the gross value added (GVA) in 2023, followed by financial intermediation, real estate and business activities (21.4%), and wholesale, retail, and hotels (13.4%). In nominal terms, the three sectors are forecast to grow by 5.3%, 5.6%, and 4.4%, respectively, in 2024. The Emirates of Abu Dhabi, Dubai, and Sharjah were among the best performing regions in the UAE in 2023, according to GlobalData cities database.
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Sector Analysis
NewUrea Capacity and Capital Expenditure Outlook by Region, Countries, Companies, Projects and Forecast to 2030
Urea Industry Capacity & Capital Expenditure (Capex) Overview The urea capacity was 241.92 million tonnes per annum (mtpa) in 2023. The use of urea as fertilizer in the agriculture industry and for industrial applications such as for production of plastics is driving global urea demand. Furthermore, Asia, FSU, and the Middle East will primarily drive the global Urea capacity growth during the outlook period. Urea Industry Capacity and Capex Outlook, 2024-2030 (mtpa) Buy the Full Report for More Insights into...
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Macroeconomic Analysis
Norway PESTLE Insights – A Macroeconomic Outlook Report
Norway PESTLE Outlook Report Overview The GDP of Norway was $524.7 billion in 2023 and the country ranked 27th out of 153 nations in the GCRI Q3 2023. The Norwegian government has tasked the Water Resources and Energy Directorate (NVE) with conducting strategic impact assessments for three potential offshore wind areas slated for tendering in 2025. Additionally, NVE will begin assessments for other relevant offshore wind areas towards the country's goal of having 30GW of offshore wind operational by 2040,...