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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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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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Sector Analysis
NewDenmark Cards and Payments – Opportunities and Risks to 2027
Denmark Cards and Payments Market Report Overview The annual value of card transactions in the Denmark cards and payments market was $109.81 billion in 2023 and will grow at a CAGR of more than 4% during 2023-2027. Rising inflation, unemployment, and ongoing geopolitical uncertainty harmed the cards and payments sector. However, gradual growth in consumer expenditure and purchasing power will drive the sector growth during the forecast period. Denmark Card Transactions Outlook, 2023-2027 ($ Billion) Buy the Full Report for...
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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...
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Sector Analysis
Australia Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
Australia Life Insurance Market Report Overview The gross written premium of the Australia life insurance market was AUD33.6 billion ($23.3 billion) in 2023. Â The market will achieve a CAGR of more than 5% during 2024-2028. The Australia life insurance market is expected to pick up pace in 2024 supported by macroeconomic and demographic factors, such as a stabilizing economy, an aging population, low unemployment rates, and improved investment returns. The Australia life insurance market research report provides in-depth market analysis,...
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Macroeconomic Analysis
NewQatar 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.