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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
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.
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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...
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Macroeconomic Analysis
Qatar PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing, and utilities contributed 52.2% to the gross value added (GVA) in 2023, followed by construction activities (10.7%), and wholesale, retail, and hotel business activities (7.1%). In nominal terms, the three sectors are expected to contract by 0.82%, 0.83%, and 0.82%, respectively, in 2024. Doha is a major city in Qatar, contributing 44.4% to the country’s GDP and accounting for 47.5% of its population in 2023, according to GlobalData cities database.
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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.
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Macroeconomic Analysis
Ukraine PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing and utilities contributed 23.9% to the gross value added (GVA) in 2023, followed by wholesale, retail and hotels activities (17.0%), financial intermediation, real estate and business activities (15.1%). In nominal terms, all three sectors are expected to grow by 8.1% each in 2024. City of Kiev accounted for 31.8% of the country’s GDP and for 8.9% of Ukraine’s population in 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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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
Morocco PESTLE Insights – A Macroeconomic Outlook Report
According to GlobalData estimates, mining, manufacturing, and utilities contributed 24.1% to the gross value added (GVA) in 2023, followed by financial intermediation, real estate, and business activities (17.1%), wholesale, retail, and hotels business activities (15.2%). In nominal terms, the three sectors are expected to grow by 5.5%, 5.3%, and 5.3%, respectively, in 2024. Rabat and Casablanca are the major cities of Morocco, which contributed 15.9% to the country’s GDP and comprised 11.3% of the country’s population in 2023, according to...