United Kingdom PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

United Kingdom’s economic growth is expected to increase slightly in 2019 before slowing in 2020, on the assumption that there is a smooth exit from the European Union i.e. Brexit. Due to lack of clarity about future trading arrangements some Brexit-related uncertainties still remain. United Kingdom’s inflation is expected to touch to 2% by the end of 2020.

 

In World Bank’s ease of doing business ranking United Kingdom was ranked 9 out of 190 countries in 2018. United Kingdom’s ease of doing business ranking slipped from 7th position in 2017.

 

United Kingdom (UK), officially the United Kingdom of Great Britain and Northern Ireland, is a sovereign state located off the north-western coast of continental Europe. The country includes the island of Great Britain, which is a term sometimes also loosely applied to the whole state, the north-eastern part of the island of Ireland, and many smaller islands. Northern Ireland is the only part of the UK that shares a land border with another state, that is the Republic of Ireland.

 

United Kingdom (UK) had estimated population of 65.572 million in the year 2016 and expected to reach 68.203 million by 2022. UK’s around 31.741 million was employed in 2016 and the unemployment rate was 4.9% of total labor force.

 

U.K’s real gross domestic product (GDP) was around GBP 1865.41 billions in 2016 whereas the nominal GDP was GBP 1939.64 billions. This resulted in GDP deflator 103.979. Per capita GDP was estimated at USD 40095.95 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 42480.72.

 

The output gap for UK in 2016 was negative at 0.173% of the potential GDP. In 2016, UK government’s revenue was GBP 703.888 billions whereas the expenditure was GBP 764.289 billions. This resulted UK government’s net lending / borrowing negative at GBP 60.401 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

 

The current account balance for UK was estimated to be negative at USD 114.546 billions for the year 2016 and is expected to decline at a CAGR of 9.41% and reach USD 61.418 by 2022. This negative current account balance indicates the UK is a net borrower from the whole world.

 

Scope of United Kingdom – PESTLE Analysis and Macroeconomic Trends Report

– This report provides information about key macroeconomic indicators for United Kingdom.

– This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for United Kingdom.

 

For more information and to purchase United Kingdom PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/united-kingdom-pestle-analysis-macroeconomic-trends-market-research

 

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UAE PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

In World Bank’s ease of doing business ranking UAE was ranked 11 out of 190 countries in 2018. UAE’s ease of doing business ranking improved from 21st position in 2017.

 

United Arab Emirates, abbreviated as UAE, is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar, Iran and Pakistan.

 

UAE had estimated population of 9.856 million in the year 2016 and expected to reach 11.765 million by 2022, growing at a CAGR of 2.98%.

 

UAE’s real gross domestic product (GDP) was estimated to be around AED 1217.02 billions in 2016 whereas the nominal GDP was expected to be at AED 1363.79 billions. This resulted in GDP deflator 112.06. Per capita GDP was estimated at USD 37677.91 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 67870.78.

 

In 2016, UAE government’s revenue was AED 358.419 billions whereas the expenditure was AED 412.176 billions. This resulted UAE government’s net lending / borrowing negative at AED 53.757 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

 

The current account balance for UAE was estimated to be at USD 8.782 billions for the year 2016 and is expected to grow at a CAGR of 11.41% and reach USD 26.226 by 2022. This positive current account balance indicates the UAE is net lender to the whole world.

 

Scope of United Arab Emirates (UAE) – PESTLE Analysis and Macroeconomic Trends Report

  • This report provides information about key macroeconomic indicators for UAE.
  • This report provides PESTELE (political, economic, social, technological, legal and environmental) analysis for UAE.

 

For more information and to purchase UAE PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/uae-pestle-analysis-macroeconomic-trends-market-research-report

 

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South Korea PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

South Korea’s economic growth is expected to remain close to 3% through 2020 due to fiscal stimulus increasing employment growth, which is reflected by double-digit hikes in the minimum wage in 2018-19 and restructuring in the manufacturing sector. South Korea’s efforts to stabilise the housing market have led to a decline in construction orders for residential property. Inflation is expected to edge up from 1½ per cent toward the 2% target, while the current account surplus will remain above 5% of GDP.

 

Improved relation with North Korea is a landmark event that can affect South Korea’s economy positively. However, trade protectionism remains a concern due to intermediate goods accounting for four-fifths of South Korea’s exports to China, its largest trading partner, South Korea is vulnerable to higher import barriers on Chinese exports to the United States.

 

In World Bank’s ease of doing business ranking South Korea was ranked 5 out of 190 countries in 2018. South Korea’s ease of doing business ranking slipped from 4th position in 2017.

 

South Korea, officially the Republic of Korea, is a country in East Asia, constituting the southern part of the Korean Peninsula. The name Korea is derived from Goryeo, a dynasty which ruled in the Middle Ages. It shares land borders with North Korea to the north, and oversea borders with China to the west and Japan to the east. South Korea lies in the north temperate zone with a predominantly mountainous terrain. It comprises an estimated 51 million residents distributed over 38,375 square miles.

 

The capital and largest city is Seoul, with a population of 10 million. South Korea is a presidential republic consisting of 17 administrative divisions and is a developed country with the second highest standard of living in Asia, having an HDI of 0.909. It is Asia’s fourth largest economy and the world’s 15th (nominal) or 12th, purchasing power parity, largest economy. The economy is export-driven, with production focusing on electronics, automobiles, ships, machinery, petrochemicals and robotics. South Korea is a member of the United Nations, Uniting for Consensus, G20, WTO, and OECD, and a founding member of APEC and the East Asia Summit.

 

Korea had estimated population of 51.246 million in the year 2016 and expected to reach 52.509 million by 2022. Korea’s 26.235 million population was employed in 2016 and the unemployment rate was 3.708% of total labor force.

 

Korea’s real gross domestic product (GDP) was around KRW 1508265 billions in 2016 whereas the nominal GDP was KRW 1637420.80 billions. This resulted in GDP deflator 108.563. Per capita GDP was estimated at USD 27538.81 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 1934.03.

 

The output gap for Korea in 2016 was negative at 1.4% of the potential GDP. A country’s negative output gap indicates that actual economic output is below the economy’s full potential.

 

In 2016, Korean government’s revenue was KRW 361750.90 billions whereas the expenditure was KRW 356197 billions. This resulted Korean government’s net lending / borrowing at KRW 5553.90 billion in 2016 indicating that enough financial resources were made available by the government to boost economic growth.

 

The current account balance for Korea was estimated to be at USD 98.677 billions for the year 2016 and is expected to decrease at a CAGR of 0.22% and reach USD 104.339 by 2022. Despite slight decline in the current account balance Korea will still remain net lender to the whole world.

 

Scope of South Korea – PESTLE Analysis and Macroeconomic Trends Report

– This report provides information about key macroeconomic indicators for South Korea.

– This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for South Korea.

 

For more information and to purchase South Korea PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/south-korea-pestle-analysis-macroeconomic-trends-market-research-report

 

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Saudi Arabia PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

In World Bank’s ease of doing business ranking Saudi Arabia was ranked 92 out of 190 countries in 2018. Saudi Arabia’s ease of doing business ranking slipped from 15th position in 2008.

 

Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is the largest Arab state in Western Asia by land area approximately 830,000 square miles, constituting the bulk of the Arabian Peninsula and the second-largest in the Arab world, after Algeria. It shares its borders with Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain and the United Arab Emirates to the east, Oman to the southeast, and Yemen in the south.

 

Saudi Arabia had estimated population of 31.743 million in the year 2016 and expected to reach 35.747 million by 2022. Saudi Arabia’s unemployment rate was 5.727% of total labor force.

 

Saudi Arabia’s real gross domestic product (GDP) was around SAR 2580.82 billions in 2016 whereas the nominal GDP was SAR 2398.56 billions. This resulted in GDP deflator 92.938. Per capita GDP was estimated at USD 20150.13 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 55158.22.

 

In 2016, Saudi Arabia government’s revenue was SAR 528 billions whereas the expenditure was SAR 933.402 billions. This resulted Saudi Arabia government’s net lending / borrowing negative at SAR 405.402 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

 

The current account balance for Saudi Arabia was estimated to be negative at  USD 24.914 billions for the year 2016 and is expected to decrease at a CAGR of 176.07% and reach USD 8.363 by 2022. This negative current account balance indicates the Saudi Arabia is net borrower from the whole world.

 

Scope of Saudi Arabia – PESTLE Analysis and Macroeconomic Trends Report

– This report provides information about key macroeconomic indicators for Saudi Arabia.

– This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Saudi Arabia.

 

For more information and to purchase Saudi Arabia PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/saudi-arabia-pestle-analysis-macroeconomic-trends-market-research-report

 

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Hungary PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

Hungary’s economic growth is expected to slow down in the next two years which will result in rising imports to meet domestic demand. Increasing real-wage gains and record-high employment is expected to boost private consumption. Hungary’s housing sector growth is expected to decrease due to re-introduction of VAT on new buildings from 2019.

 

Hungary is expected to be vulnerable to financial turmoil in emerging-market economies and a hard Brexit is expected to hurt Hungary’s exports and business confidence. Tight labour market conditions are expected to raise inflation which is projected to reach 4% in 2019.

 

In World Bank’s ease of doing business ranking Hungary was ranked 53 out of 190 countries in 2018. Hungary’s ease of doing business ranking slipped from 48th position in 2017.

 

Hungary is a landlocked state with many neighbours – Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria. It is mostly flat, with low mountains in the north. Lake Balaton, a popular tourist centre, is the largest lake in central Europe. The capital city, Budapest, was originally was two separate cities: Buda and Pest. It straddles the River Danube, is rich in history and culture and famed for its curative springs. Hungary has a single-chamber parliament or national assembly whose 386 members are elected by voters every four years.

 

Hungary had estimated population of 9.835 million in the year 2016 and expected to reach 9.71 million by 2022. Hungary’s unemployment rate was 4.883% of total labor force.

 

Hungary’s real gross domestic product (GDP) was around HUF 24897.02 billions in 2016 whereas the nominal GDP was HUF 35372.57 billions. This resulted in GDP deflator 142.076. Per capita GDP was estimated at USD 12778.29 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 27481.79.

 

In 2016, Hungary government’s revenue was HUF 16202.36 billions whereas the expenditure was HUF 16844.50 billions. This resulted Hungary government’s net lending / borrowing negative at HUF 642.145 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

 

The current account balance for Hungary was estimated to be at USD 5.434 billions for the year 2016 and is expected to decline at a CAGR of 12.89% and reach USD 1.569 by 2022. This positive current account balance indicates the Hungary is net lender to the whole world.

 

Scope of Hungary – PESTLE Analysis and Macroeconomic Trends Report

  • This report provides information about key macroeconomic indicators for Hungary.
  • This report provides PESTELE (political, economic, social, technological, environmental and legal) analysis for Hungary.

 

For more information and to purchase Hungary PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/hungary-pestle-analysis-macroeconomic-trends-market-research-report

 

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Germany PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

Germany’s economic growth is expected to decline slightly but remain stable due to strong job creation and a fiscal stimulus. Due to trade-related uncertainties and diminishing world demand Germany’s export is expected to be affected. On the other hand, private consumption is expected to increase due to strong wage growth and fiscal measures that increase German household disposable income. Also, low interest rates, high capacity utilisation and growing housing demand is expected to boost residential and business investment. The current account surplus is expected to decrease as stronger domestic demand fuels imports.

 

A further rise in protectionism can negatively affect Germany’s economic growth and employment, particularly if it involved slower growth in China, tariffs on Germany’s car exports, renewed financial market turbulence and economic shocks in large European economies. On the other hand, successful integration of immigrants into the labour market, improved education and training, and an increase in women’s working hours as a result of recent reform efforts are expected to improve labour shortages and allow companies to expand production.

 

In World Bank’s ease of doing business ranking Germany was ranked 24 out of 190 countries in 2018. Germany’s ease of doing business ranking slipped from 20th position in 2017.

 

Germany, officially The Federal Republic of Germany, is a federal parliamentary republic in western central Europe. Berlin is the capital and also is the largest city in Germany. The country has three levels of government in which the responsibilities, roles and power are distributed accordingly and they are federal, states, and local. Germany became the first country in Europe to establish a development ministry, in 1961.

 

Germany had estimated population of 82.732 million in the year 2016 and expected to reach 83.454 million by 2022. Germany’s 49.81% population (around 41.212 million) was employed in 2016 and the unemployment rate was 4.158% of total labor force.

 

Germany’s real gross domestic product (GDP) was around Euro 2832.18 billions in 2016 whereas the nominal GDP was Euro 3132.67 billions. This resulted in GDP deflator 110.61. Per capita GDP was estimated at USD 41902.28 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 48110.85.

 

The output gap for Germany in 2016 was 0.383% of the potential GDP which indicates that German economy was outperforming by managing actual output higher than it’s maximum potential.

 

In 2016, German government’s revenue was Euro 1411.38 billions whereas the expenditure was Euro 1387.68 billions. This resulted German government’s net lending / borrowing at Euro 23.705 billion in 2016 indicating that enough financial resources were made available by the government to boost economic growth.

 

The current account balance for Germany was estimated to be at USD 294.34 billions for the year 2016 and is expected to grow at a CAGR of 0.56% and reach USD 291.342 by 2022. This positive current account balance indicates the Germany is net lender to the whole world.

 

Scope of Germany – PESTLE Analysis and Macroeconomic Trends Market Research Report

– This report provides information about key macroeconomic indicators for Germany.

– This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Germany.

 

For more information and to purchase Germany PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/germany-pestle-analysis-macroeconomic-trends-market-research-report

 

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France PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

France’s economic growth is expected to remain at 1.06% in 2019 before coming down to 1.50% in 2020. Business investment in France is expected to improve despite lowing external demand due to favourable financing conditions and business tax cuts. Job creation in France is expected to improve due to lower labour taxes, a more flexible labour market and improved training opportunities, notably for low-skilled workers, supporting household consumption.

 

In World Bank’s ease of doing business ranking France was ranked 32 out of 190 countries in 2018. France’s ease of doing business ranking slipped from 31st position in 2017.

 

France is the largest country in the EU, stretching from the North Sea to the Mediterranean. The landscape is diverse, with mountains in the east and south, including the Alpine peak of Mont Blanc (4 810 m) which is Western Europe’s highest point. Lowland France consists of four river basins, the Seine in the north, the Loire and the Garonne flowing westwards and the Rhône, which flows from Lake Geneva to the Mediterranean Sea.

 

France had population of 64.605 million in the year 2016 and expected to reach 66.399 million by 2022. France’s 25.092% population was employed in 2016 and the unemployment rate was 10.042% of total labor force.

 

France’s real gross domestic product (GDP) was around Euro 2120.39 billions in 2016 whereas the nominal GDP was Euro 2225.92 billions. This resulted in GDP deflator 104.977. Per capita GDP was estimated at USD 38127.65 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 42313.99.The output gap for France in 2016 was negative at 2.185% of the potential GDP.

 

In 2016, France government’s revenue was Euro 1184.41 billions whereas the expenditure was Euro 1257.41 billions. This resulted France government’s net lending / borrowing negative at Euro 72.997 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

 

The current account balance for France was negative at USD 26.864 billions for the year 2016 and is expected to grow at a CAGR of 215.22% and reach USD 13.026 by 2022. In future France’s current deficit is expected to improve allowing France to lend money to other countries.

 

Scope of France – PESTLE Analysis and Macroeconomic Trends Report

– This report provides information about key macroeconomic indicators for France.

– This report provides PESTELE (political, economic, social, technological, environmental and legal) analysis for France.

 

For more information and to purchase France PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/france-pestle-analysis-macroeconomic-trends-market-research-report

 

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Egypt PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

In World Bank’s ease of doing business ranking Egypt was ranked 120 out of 190 countries in 2018. Egypt’s ease of doing business ranking improved from 128th position in 2017.

 

Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia, via a land bridge formed by the Sinai Peninsula. Most of its territory of 390,000 square miles lies within the Nile Valley of North Africa and is bordered by the Mediterranean Sea to the north, the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south and Libya to the west.

 

Egypt had estimated population of 90.2 million in the year 2016 and expected to reach 103.386 million by 2022. Egypt’s unemployment rate was 12.571% of total labor force in the same year.

 

Egypt’s real gross domestic product (GDP) was around EGP 1917.20 billions in 2016 whereas the nominal GDP was EGP 2708.30 billions. This resulted in GDP deflator 141.263. Per capita GDP was estimated at USD 3684.57 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 12553.94.

 

In 2016, Egyptian government’s revenue was EGP 564.843 billions whereas the expenditure was EGP 890.143 billions. This resulted Egyptian government’s net lending / borrowing negative at EGP 325.3 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

 

The current account balance for Egypt was estimated to be negative at USD 18.659 billions for the year 2016 and is expected to decrease at a CAGR of 53.17%.

 

Scope of Egypt – PESTLE Analysis and Macroeconomic Trends Report

– This report provides information about key macroeconomic indicators for Egypt.

– This report provides PESTELE (political, economic, social, technological, legal and environmental) analysis for Egypt.

 

For more information and to purchase Egypt PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/egypt-pestle-analysis-macroeconomic-trends-market-research-report

 

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China PESTLE Analysis & Macroeconomic Trends Market Research Report Launched from MarketResearchReports.com

China’s economic growth has recently weakened despite showing no such trend in most of 2018. It is projected to decline in 2019-20 due to the weakening of industrial production, profits and revenues. Foreign trade flows will lose some momentum following the escalation of trade tensions with major importers like USA. The slowdown of activity also reflects the cutback of infrastructure investment by China, as local government debt has been subject to greater scrutiny, though it could rebound following the recent acceleration of debt issuance and announcement of new projects.

 

China’s is easing monetary conditions to support it’s economic activity. The escalation of trade tensions resulted in a fall of the exchange rate, which was halted by government interventions, and a decline in stock prices.

 

Goods exports and imports is expected to slow down, though import tariff cuts recently introduced by China and an increased VAT refund on exported products will mitigate the impact of trade tensions. Round tripping of exports destined to the USA market through third countries is not affected by tariff hikes and is already picking up. Also surging overseas tourism is expected to reduce the current account surplus.

 

China’s trade frictions are expected to disproportionately affect smaller firms that are less able to maintain profit margins to accommodate the tariff hikes and some geographical regions that are more reliant on exports for their growth.

 

In World Bank’s ease of doing business ranking Australia was ranked 46 out of 190 countries in 2018. China’s ease of doing business ranking improved from 78th position in 2017.

 

China, an ancient, mysterious and beautiful land, is always appealing to adventurous foreign visitors China, officially the People’s Republic of China, is a sovereign state located in East Asia. It is the world’s most populous country, with a population of over 1.38 billion. The PRC is a single-party state governed by the Communist Party, with its seat of government in the capital city of Beijing. It exercises jurisdiction over twenty two provinces, five autonomous regions, four direct-controlled municipalities, such as Beijing, Tianjin, Shanghai, and Chongqing, and two mostly self-governing special administrative regions, such as Hong Kong and Macau.

 

China had estimated population of 1382.71 million in the year 2016 and expected to reach 1432.26 million by 2022. China’s unemployment rate was 4.02% of total labor force in the same year. China’s real gross domestic product (GDP) was around CNY 74594.98 billions in 2016 whereas the nominal GDP was CNY 74539.62 billions. This resulted in GDP deflator 99.926. Per capita GDP was estimated at USD 8113.26 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 21291.77.

 

In 2016, Chinese government’s revenue was CNY 21042.65 billions whereas the expenditure was CNY 23818.14 billions. This resulted Chinese government’s net lending / borrowing negative at CNY 2775.49 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

 

The current account balance for China was estimated to be at USD 196.38 billions for the year 2016 and is expected to decrease at a CAGR of 8.10% and reach USD 168.442 by 2022.

 

Scope of China – PESTLE Analysis and Macroeconomic Trends Report

– This report provides information about key macroeconomic indicators for China.

– This report provides PESTLE (political, economic, social, technological,legal and environmental) analysis for China.

 

For more information and to purchase China PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/china-pestle-analysis-macroeconomic-trends-market-research-report

 

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Global Virtual Training Market to Grow at 17.6% CAGR and reach USD 96.3 billion by 2023, from USD 36.4 billion in 2017

In this report covers the present scenario (with the base year being 2017) and the growth prospects of global Virtual Training market for 2018-2023.

Virtual training is a simulated virtual environment which is created to assess the capabilities of trainees to select the right resource. The virtual training simulation is of two kinds, namely instructor-led training and non-instructor-supported training. Simulation, by definition is a process of imitation of an operation of a real world system or a process.

Growing awareness virtual training and simulation has positively driven the market growth. Fields such as civil aviation, military, e-learning, serious gaming, simulation-based gaming, entertainment, digital manufacturing, and healthcare use the technology widely, due to it’s the advantages such as ease handling & understanding, offers virtual environment as close as real one, and efficiency of training.

Virtual training is a training method in which a simulated virtual environment is used. In this environment an instructor is able to explain, show or test certain abilities that can contribute to the learning process. It is used in wide area of applications, including in flight simulation, simulation-based gaming, serious games, healthcare training, energy, transportation training, e-learning, military & navy, digital manufacturing, and others. The most proportion of Virtual Training is used for entertainment, and the revenue proportion is about 35.5% in 2016.

North America region is the largest supplier of Virtual Training, with a production market share nearly 44% in 2016. Europe is the second largest supplier of Virtual Training, enjoying production market share nearly 25.2% in 2016.

North America is the largest sales place, with a sales market share nearly 28.8% in 2016. Following North America, Europe is the second largest sales place with the sales market share of 27%.

Over the next five years, projects that Virtual Training will register a 17.6% CAGR in terms of revenue, reach US$ 96300 million by 2023, from US$ 36400 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Virtual Training market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

  • Hardware
  • Software
  • Segmentation by application:
  • Military
  • Civil Aviation
  • Medical
  • Entertainment
  • Other

This report also splits the market by region:

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

  • L-3 Link Simulation & Training
  • CAE
  • Boeing
  • Thales
  • FlightSafety
  • Airbus
  • Lockheed Martin
  • BAE Systems
  • Raytheon
  • Cubic
  • Rheinmetall Defence
  • ANSYS
  • Saab
  • Elbit Systems
  • Rockwell Collins

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Virtual Training consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
  • To understand the structure of Virtual Training market by identifying its various subsegments.
  • Focuses on the key global Virtual Training manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Virtual Training with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Virtual Training submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 160 pages 2018-2023 Global Virtual Training Consumption Market Report” report covers Scope of the Report, Executive Summary, Global Virtual Training by Players, Virtual Training by Regions, Americas, APAC, Europe, Middle East & Africa, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Virtual Training Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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