Ecuador PESTLE Insights – A Macroeconomic Outlook Report
- Pages: 44
- Published: February 2024
- Report Code: MLER0060MEO
Mining, manufacturing, and utilities contributed 23.4% to the gross value added (GVA) in 2023, followed by wholesale, retail, and hotels (12.8%) and financial intermediation, real estate, and business activities (11.8%). In nominal terms, the three sectors are forecast to grow by 3.6%, 4.1%, and 5.3%, respectively, in 2024.
Quito is the major region in Ecuador, which contributed 24.4% to the country’s GDP and comprised 15.4% of the country’s population in 2023, according to MarketLine’s city database.
Scope
Ecuador’s Ministry of Transport and Public Works intends to increase private participation in the state road network from 17% to 40% by May 2025, with tenders prepared for 12 projects, including four high-priority ones, involving a total investment exceeding $1 billion.
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.
Companies mentioned
AeroGal
Produbanco
Table of Contents
List of Tables
List of Figures
Pricing
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