Germany PESTLE Insights - A Macroeconomic Outlook Report
Summary Financial intermediation, real estate and business activities contributed 26.1% to gross value added (GVA) in 2021, followed by mining, manufacturing and utilities (23.3%), and other services (23.1%), According to the analyst. In nominal terms, the three sectors are forecast to grow by 3.2%, 2.5% and 3.2%, respectively, in 2022.
Nordrhein-Westfalen, Bayern, Niedersachsen and Baden-Württemberg are among the best performing regions in Germany. They accounted for 63.2% of the country’s GDP and were home to 60.3% of the German population in 2020.
The overall DAX Index exhibited an increasing trend over last year. As of February 22, 2022, the DAX stood at 14,094.1, compared to 13,950.0 on February 22, 2021.
Scope - In 2021, the government and Deutsche Bahn allocated $10.6 billion for 2,000 bridges, expected to be completed by 2029
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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