New Zealand PESTLE Insights - A Macroeconomic Outlook Report

New Zealand PESTLE Insights - A Macroeconomic Outlook Report
Summary

Financial intermediation, real estate, and business activities contributed 33.9% to New Zealand’s gross value added (GVA) in 2022, followed by mining, manufacturing, and utilities (13.7%), and wholesale, retail, and hotels business activities (12.3%). In nominal terms, the three sectors are expected to grow by 7.1%, 7.2%, and 7.2%, respectively, in 2023.

Auckland, Wellington, and Christchurch were home to 45.1% of New Zealand’s total population in 2022. Auckland remains the country’s most economically active region, contributing 32.6% to the country’s GDP in 2022, according to the GlobalData cities database.

The S&P/NZX 50 Gross Index has been on an upward trend. As of July 18, 2023, the index stood at 11,932.8, compared to 11,163.6 on July 18, 2022.

ScopeAccording to the World Bank, Logistics Performance Index (2023), New Zealand ranked 26th out of 138 nations in 2023.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.