Czech Republic PESTLE Insights - A Macroeconomic Outlook Report
Summary Mining, manufacturing and utilities contributed 31.52% to the country’s gross value added (GVA) in 2019, followed by financial intermediation, real estate and business activities (20.95%) and wholesale, retail and hotels (10.78%). In nominal terms, the three sectors are expected to grow by 0.56%, -9.27% and -0.37%, respectively, in 2020.
Four major regions in the Czech Republic generated around 63.98% of the country’s GDP and comprised 55.29% of the country’s population, as of the end of 2018.
Scope - As per the ‘Global Competitiveness Report 2019’, the Czech Republic’s infrastructure ranked 20th out of 141 nations, with a score of 83.8 out of 100.
- The PX index exhibited a downward trend over the past year. As of November 2, 2019 , it stood at 1,061.83, compared to 842.92 on November 2, 2020.
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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