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Macroeconomic Analysis
NewNorway PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing, and utilities contributed 41.7% to the gross value added (GVA) in 2023, followed by financial intermediation, real estate, and business activities (12.4%) and wholesale, retail, and hotels (6.1%). In nominal terms, the three sectors are forecast to grow by 4.5%, 5.3%, and 5.2%, respectively, in 2024. Three major cities in Norway generated 39.9% of the country’s GDP in 2023 and comprised 33.5% of the country’s population, as of 2023.
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Macroeconomic Analysis
NewAustralia PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing and utilities activities contributed 22.6% to the gross value added (GVA) in 2023, followed by financial intermediation, real estate and business activities (21.5%), wholesale, retail and hotels activities (9.8%). In nominal terms, the three sectors are expected to grow by 3.7% each in 2024. Four major metropolitan regions in Australia comprised 57.3% of the country’s population and accounted for 59.5% of the country’s GDP in 2023, according to GlobalData’s cities database.
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Sector Analysis
NewESG State of Play and Telco Approaches
ESG State of Play and Telco Approaches Report Overview Major tech and telecom companies have a stated commitment to ESG, but their goals, delivery, and reporting can vary substantially. TMT companies are among the key players in the race to net zero. They are not only reducing their carbon footprint, but also enabling others to decarbonize by offering solutions for resource optimization, productivity enhancement, and innovation support. Many telecom operators are publishing sustainability reports which have substantial detail on areas...
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Macroeconomic Analysis
NewRussia PESTLE Insights – A Macroeconomic Outlook Report
Metropolitan areas of Moscow and Saint Petersburg account for nearly 19.7% of Russia’s population and 40.1% of its GDP in 2023, according to GlobalData’s cities database. In November 2023, the government announced to invest RUB1.3 trillion ($15.4 billion) to foster development in Russia railways infrastructure in 2024.
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Macroeconomic Analysis
NewIceland PESTLE Insights – A Macroeconomic Outlook Report
Financial intermediation, real estate and business activities contributed 25.5% to the gross value added (GVA) in 2023, followed by the mining, manufacturing and utilities with 14.6%, and wholesale, retail and hotels with 11.9%. According to GlobalData estimates, the three sectors are expected to grow by 6.2%, 6.4% and 8.0%, respectively, in 2024. Reykjavik contributed 57.6% of Iceland’s GDP and was home to 60.8% of the country’s population as of 2023
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Macroeconomic Analysis
NewVenezuela PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing and utilities activities contributed 45.9% to the gross value added (GVA) in 2023, followed by wholesale, retail and hotels (24.1%), and construction activities (2.4%), according to GlobalData estimates. According to OPEC, Venezuela has around 303.2 billion barrels of proven crude oil reserves, it produced 716,000 barrels of crude oil per day in 2022.
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Macroeconomic Analysis
NewArgentina PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing and utilities activities contributed 24.0% to the gross value added (GVA) in 2023, followed by wholesale, retail and hotels activities (21.9%), financial intermediation, real estate and business activities(14.1%). In nominal terms, the three sectors are expected to grow by 61.9%, 61.9% and 61.0%, respectively, in 2024. Four major cities comprised 39.2% of the country’s population in 2023 and the highest concentration of economic activities are in Buenos Aires, the capital of Argentina, according to GlobalData.
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Macroeconomic Analysis
NewBrazil PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing and utilities activities contributed 20.8% to the gross value added (GVA) in 2023, followed by financial intermediation, real estate and business activities (16.6%), wholesale, retail and hotels (14.2%). In nominal terms, the three sectors are expected to grow by 5.6%, 6.1% and 5.7%, respectively, in 2024. Sao Paulo, Rio de Janeiro, Belo Horizonte are the major cities of Brazil that contributed 27.3% to the country’s GDP and comprised 19.9% of the country’s population in 2023, according to the...