Germany PESTLE Insights – A Macroeconomic Outlook Report
Financial intermediation, real estate and business activities contributed 25.7% to the gross value added (GVA) in 2022, followed by Mining, manufacturing and utilities (23.4%), and Other services (22.8%). The three sectors are forecast to grow by 4.8%, 4.8% and 5.3%, respectively, in 2023.
Four major states comprised 60.4% of the country’s population in 2022 and 63% of the German GDP in 2021, according to EuroStat database
Scope
As per the World Intellectual Property Organization (WIPO), Global Innovation Index (2022), Germany ranked 1st out of 125 countries in terms of logistics performance parameter. According to the Federal Statistical Office, number of passengers travelled through bus, coach, and rail transport increased by 29% in 2022, compared with previous year.
Key Highlights
The overall DAX (Germany DAX Index) exhibited an upward trend over last year. As of March 24, 2022, the index stood at 14,273.8, compared to 15,210.4 on March 24, 2023.
Reasons to Buy
Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Key Players
Table of Contents
List of Tables
List of Figures
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