Czech Republic PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

Czech Republic PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

  • December 2021 •
  • 44 pages •
  • Report ID: 5995595 •
  • Format: PDF
Czech Republic PESTLE Insights - A Macroeconomic Outlook Report

Summary
Mining, manufacturing and utilities activities contributed 30% to the gross value added (GVA) in 2020, followed by financial intermediation, real estate and business activities (19.4%) and wholesale, retail and hotels (11.5%). The three sectors are forecast to grow by 2.8%, 9.2% and 7.3%, respectively, in 2021.

Four major regions in the Czech Republic generated around 64.7% of the country’s GDP in 2019 and comprised 55.4% of the country’s population, as of 2020, according to Eurostat

The CRO index exhibited an upward trend during November 12, 2020, to November 12, 2021. Overall, the index increased by 50.8% from 908.6 on November 12, 2020, to 1,370.8 on November 12, 2021.

Scope
- The Czech government formulated the National Investment Plan for 2020-50, worth CZK8.0 trillion ($360 billion), which aims to strengthen the regional infrastructure network

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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