Austria PESTLE Insights - A Macroeconomic Outlook Report
Summary Financial intermediation, real estate and business activities contributed 23.9% to the gross value added (GVA) in 2019, followed by mining, manufacturing and utilities (22.1%) and wholesale, retail and hotels (17.0%). In nominal terms, financial intermediation, real estate and business activities grew by 4.0% and the mining sector grew by 3.1% in 2019.
The ATX Index, widely considered a benchmark of the overall performance of stocks listed in the Vienna Stock Exchange, has exhibited a decreasing trend. As of July 24 2020, the ATX Index stood at 2,257.36, compared to 3,032.28 on July 26, 2019.
Scope - As per World Bank’s logistics performance index (LPI), transport and logistic infrastructure in Austria has improved over the last two years with a jump in rank from seventh in 2016 to fourth out of 160 countries in 2018
- Upper Austria, Lower Austria and Vienna contributed 57.89% to the country’s GDP and comprised 57.1% of Austria’s population in 2019
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.
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