-
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.
-
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
-
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.
-
Macroeconomic Analysis
NewChina PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing and utilities activities contributed 32.8% to the gross value added (GVA) in 2023, followed by wholesale, retail and hotels activities (11.1%), agricultural activities (7.7%). In nominal terms, the three sectors are expected to grow by 7.9%, 6.7% and 6.2%, respectively, in 2024. Eastern China accounts for most of the provincial GDP in 2023. Beijing, Shanghai, Jiangsu and Guangzhou are the major cities of Eastern China. Better sea connectivity has boosted manufacturing in these cities.
-
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.
-
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.
-
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.
-
Macroeconomic Analysis
Iceland 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
-
Macroeconomic Analysis
Argentina 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.
-
Macroeconomic Analysis
Brazil 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...