Italy PESTLE Insights - A Macroeconomic Outlook Report

Italy PESTLE Insights - A Macroeconomic Outlook Report
Summary

According to GlobalData, financial intermediation, real estate and business activities contributed 27.9% towards GVA, followed by mining, manufacturing and utilities activities (20.5%), and wholesale, retail and hotels activities (15.9%) in 2022. The three sectors are forecast to grow by 6.7%, 7.0%, and 7.0%, respectively, in 2023.

Three major regions of Italy generated around 77.6% of the country’s GDP in 2021 and were home to 66.2% of the country’s population in 2022

The FTSEMIB Index exhibited an upward trend over past year. As of July 18, 2023, the Index stood at 28,642.5, compared to 21,169.1 on July 18, 2022.

ScopeIn April 2023, Italy plans EUR10.3 billion ($10.9 billion) transport infrastructure improvement in Liguria and tenders EUR740 million ($786.5 million) projects for SS89 and SS106 routes in Puglia, managed by ANAS.Reasons to BuyMacroeconomic 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 operationsAlong 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.