Australia PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

Australia PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

  • February 2022 •
  • 44 pages •
  • Report ID: 6011559 •
  • Format: PDF
Australia PESTLE Insights - A Macroeconomic Outlook Report

Mining, manufacturing and utilities contributed 19.6% to the country’s GVA in 2021, followed by financial intermediation, real estate and business activities (12%) and wholesale, retail and hotels (10.7%). In nominal terms, the sectors are expected to grow at 2.3%, 5.1% and 3.2%, respectively, in 2022, According to the analyst.

Four major metropolitan regions in Australia comprised 69.1% of the country’s population and accounted for 67% of its GDP in 2021

The S&P/ASX 200, an index widely considered as a benchmark for stocks listed on the Australian Securities Exchange, exhibited a continuous upward trend over last year. As of January 03, 2021, the S&P/ASX 200 index stood at 6587.1, compared to 7444.6 on January 03, 2022.

- The US and the UK have been the largest recipients of Australian investments for three consecutive years, 2018-20

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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