New Zealand PESTLE Insights - A Macroeconomic Outlook Report
Summary
Financial intermediation contributed 33.4% to New Zealand’s gross value added (GVA) in 2021, followed by mining, manufacturing and utilities (13.9%), and wholesale, retail and hotels (12.8%). In nominal terms, the three sectors are forecast to grow by 9.7%, 6.8% and 5.8%, respectively, in 2022.
Auckland, Wellington, and Christchurch were home to 44.7% New Zealand’s total population in 2021. Auckland remains the country’s most economically active region, contributing 31.6% to the country’s GDP in 2021, According to the analyst cities database.
The NZ index has exhibited a decrease trend over last year. As of July 05, 2022, the index stood at 10,965.2, compared to 12,812.3 on July 05, 2021.
Scope
- According to the New Zealand Infrastructure Commission Pipeline, the number of infrastructure projects increased from 176 ($6.1 billion) in 2019 to ,700 projects ($65.6 billion) at the end of 2021
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.