Venezuela PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

Venezuela PESTLE Insights - A Macroeconomic Outlook Report

Summary
Zulia and the Capital region contributed 19.7% of the nation’s total population and are home to the country’s major economic activities, as per latest available data (2021)

Mining, manufacturing and utilities activities contributed 25.5% to the gross value added (GVA) in 2019, followed by wholesale, retail and hotels (20.8%), and construction activities (7.5%)

The IBVC index of Caracas Stock Exchange market crashed by 99.7% during January 2021 to January 2022

Scope
- In 2020, FDI inflows in Venezuela recorded an increase of 2.7%, compared to 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.