Spain PESTLE Insights - A Macroeconomic Outlook Report

Spain PESTLE Insights - A Macroeconomic Outlook Report

  • May 2021 •
  • 46 pages •
  • Report ID: 6074948 •
  • Format: PDF
Spain PESTLE Insights - A Macroeconomic Outlook Report

Summary
Financial intermediation, real estate and business activities contributed 24.7% to the gross value added (GVA) in 2020, followed by wholesale, retail and hotels (21.3%), and mining, manufacturing and utilities (14.6%). In nominal terms, the three sectors are forecasted to grow by 7.5%, 5.8% and 3.6%, respectively in 2021.

Four major autonomous communities of Spain generated around 61.0% of GDP in 2019 and were home to 59.0% of the population in 2020

Scope
- Luxembourg, Switzerland, and the UK were the top investors in the country in 2020
- The IBEX 35 index has exhibited an upward trend over the past year. As of April 14, 2021, the IBEX 35 index stood at 8,525.1, compared to 7,108.6 on April 14, 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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