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Macroeconomic Analysis
Qatar PESTLE Insights – A Macroeconomic Outlook Report
Qatar PESTLE Insights Report Overview The GDP of Qatar was $220 billion in 2022 and the country ranked 33rd out of 153 nations in the GCRI Q3 2023. In December 2022, the United Nation’s Organizational Committee of the Peacebuilding Commission (PBC) elected Qatar as a member for 2023–24, as a representative of the Asia-Pacific group. The PBC, an intergovernmental advisory group greatly improves the ability of the international community to promote the UN's greater peace agenda while supporting the promotion...
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Macroeconomic Analysis
Ukraine PESTLE Insights – A Macroeconomic Outlook Report
Ukraine PESTLE Insights Report Overview Ukraine was ranked 109th of 153 nations in the GCRI Q3 2023. The country’s GDP was $175.6 billion in 2023. According to the Ukrainian government, Ukraine received significant financial aid from January to November 2023. Ukraine’s real GDP recorded a prominent annual increase in Q3 2023, marking the highest growth since Q3 2007. This follows six consecutive periods of contraction, primarily attributed to the base effect resulting from Russia's invasion. Despite the challenging circumstances, the...
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Macroeconomic Analysis
Ecuador PESTLE Insights – A Macroeconomic Outlook Report
Ecuador PESTLE Insights Report Overview Ecuador ranked 99th out of 153 nations in the GCRI Q3 2023. The country’s GDP was $118.6 billion in 2023. Ecuador experienced commendable economic growth in 2023, paving the way for future development. The outlook for 2024 is even more promising, with an expected growth rate of more than 1%. This upswing can be primarily attributed to an increase in public consumption, driven by the advantageous scenario of lower commodity prices. Key Sector’s Contribution to...
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Macroeconomic Analysis
Morocco PESTLE Insights – A Macroeconomic Outlook Report
Morocco PESTLE Outlook Report Overview The GDP of Morocco was $142.6 billion in 2023 and was ranked 59th out of 153 nations in the GCRI Q3 2023. Although inflation has exerted pressure on the purchasing power of households and businesses, a gradual decline is expected over the next two years. It is important to note that an unfavorable outlook may emerge in the event of severe droughts. Maintaining low inflation and sustaining economic growth will necessitate a well-balanced policy approach....
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Macroeconomic Analysis
Slovakia PESTLE Insights – A Macroeconomic Outlook Report
Slovakia PESTLE Insights Report Overview The GDP of Slovakia was $132.4 billion in 2023 and was ranked 39th of 153 nations in the GCRI Q3 2023. Consumption recovery from the energy price shock and increased investment driven by EU funds, the RRF, and government initiatives are anticipated to contribute to this growth. The inflation rate is expected to decrease from in 2024, positively impacting consumer confidence. However, new measures addressing high energy prices and implementing social initiatives may lead to...
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Macroeconomic Analysis
Nigeria PESTLE Insights – A Macroeconomic Outlook Report
Nigeria PESTLE Insights Report Overview The GDP of Nigeria was $478 billion in 2022 and was ranked 129th out of 153 nations in the GCRI Q3 2023. The envisaged elimination of the Premium Motor Spirit (PMS) subsidy, coupled with increased revenue will bring down the fiscal deficit in 2023–24. Financing the deficit is expected through borrowing, particularly from concessional sources with extended maturities. Despite heightened oil exports, the current account is forecasted to register a deficit. Nigeria Macroeconomic Key Sector’s...
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Macroeconomic Analysis
Israel PESTLE Insights – A Macroeconomic Outlook Report
Israel PESTLE Insights Report Overview The GDP of Israel was $522 billion in 2022 and was ranked 21st of 153 nations in the GCRI Q3 2023. Following an unprecedented terrorist attack by Hamas on October 7, 2023, resulting in the loss of 1,400 lives in a single day, Israeli Prime Minister Benjamin Netanyahu declared war and initiated an operation in the Gaza Strip to eliminate Hamas. According to the Bank of Israel, the conflict is anticipated to lead to a...
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Macroeconomic Analysis
Poland PESTLE Insights – A Macroeconomic Outlook Report
Poland PESTLE Insights Report Overview The GDP of Poland was $690.6 billion in 2022 and was ranked 37th of 153 nations in the GCRI Q3 2023. According to the Central Statistical Office of Poland (GUS), in Q3 2023, the country grew at a decent rate which signifies a recovery from the contraction in Q2. Poland Macroeconomic Key Sector’s Contribution to the Economy Buy Full Report to Get More Insights into the Poland Macroeconomic Key Sector’s Contribution to the Economy Download...
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Macroeconomic Analysis
Taiwan (Province of China) PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing and utilities activities contributed 35.5% to Taiwan’s (Province of China) gross value added (GVA) in 2022, followed by wholesale, retail, and hotels activities (18.7%), and financial intermediation, real estate, and business activities (18.4%). In nominal terms, the three sectors are forecasted to grow by 4.0%, 4.0%, and 3.8%, respectively, in 2023. Taipei is home to 10.7% of Taiwan’s (Province of China) population, and accounts for 10.8% of GDP as of 2022, according to GlobalData.
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Macroeconomic Analysis
Croatia PESTLE Insights – A Macroeconomic Outlook Report
Financial intermediation, real estate, and business activities contributed 22.1% to the gross value added (GVA) in 2022, followed by wholesale, retail, and hotel activities (20.3%), and mining, manufacturing, and utilities activities (17.7%). In nominal terms, the three sectors are expected to grow by 9.2%, 9.1% and 9.1%, respectively, in 2023. Zagreb and Split are major regions in Croatia, accounting for approximately 47.5% of the country’s GDP and 41.9% of its population as of 2022, according to GlobalData.