South Korea PESTLE Insights – A Macroeconomic Outlook Report
- Pages: 45
- Published: June 2023
- Report Code: MLER0041MEO
According to MarketLine estimates, mining, manufacturing, and utility activities contributed 30% to GVA, followed by financial intermediation, real estate, and business activities (24.4%), and wholesale, retail, and hotels (9.4%) in 2022. The three sectors are forecast to grow by 6.5%, 5.7%, and 3.0%, respectively, in 2023.
Seoul, Busan, and Incheon contributed 31.9% of the country’s GDP and comprised 30.7% of the country’s population in 2022, according to MarketLine.
Scope
In July 2020, the Korean government announced $135.5 billion in investment (2020–25) for the Korean New Deal Program which aims for a green transition of infrastructure.
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
Samsung
Hyundai
Daewoo
KIA Motors
Table of Contents
List of Tables
List of Figures
Pricing
Discounts available for multiple purchases.