South Korea: PESTLE Insights – Macroeconomic Outlook Report

South Korea: PESTLE Insights – Macroeconomic Outlook Report



Summary



Mining, manufacturing and utilities contributed 33.5% to the gross value added (GVA) in 2019, followed by financial intermediation, real estate and business activities (19.3%), and wholesale, retail and hotels (11%).



In 2018, Seoul, Gyeonggi-do, and Gyeongsangnam-do contributed 52.8% to the country’s GDP and were home to 50.6% of the South Korea’s population



Scope



– According to the World Bank’s logistics performance index (LPI), transport and logistic infrastructure in South Korea deteriorated over the last two years with a decline in its ranking from 24th in 2016 to 25th out of 160 countries in 2018

– The overall KOSPI composite index exhibits a sharp decline in March 2020 as COVID-19 affected South Korean economic activity, eventually recovering in April 2020. The KOSPI index declined to 1,947.6 on April 29 2020 compared to 2,216.4 on April 29 2019



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

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