123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

Lucintel’s Pestle Analysis Of Spain: Economy Is Estimated To Reach $1.42 Trillion By 2018

By Author: Roy Almaguer
Total Articles: 84

The Euro zone crisis and high fiscal deficit are expected to maintain their adverse effect on Spain’s economic growth, leading to a slow growth rate over the next five years. Lucintel estimates the Spanish economy to grow to $1.42 trillion by 2018. Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the various growth opportunities and risk factors associated with the country and present its findings in “PESTLE Analysis of Spain 2013.”
The economy primarily depends on the service industry; tourism, information and communication, and the health care industry were the leading sectors in the Spanish economy over the last five years. Spain faces challenges related to its extremely high unemployment rate, which is hindering per capita income and responsible for low domestic demand. Weak foreign and domestic demand has reduced the GDP growth and the economy contracted in 2012.
Despite its problems, Spain has much offer to the global community. It is the world’s fifth-largest producer of solar energy and fourth-largest producer in wind energy. The Spanish government seeks to increase renewable energy production. Biotechnology and the pharmaceutical industry are the major emerging sectors in Spain.
The major focus of the current government is sustainable growth combined with social development. The major challenge for Spain’s government is to reduce the general government fiscal deficit below the level of 6.3% of GDP in 2013 and increase employment opportunities. The government of Spain has targeted to reduce government debt by the end of 2014. The government is also aiming to diversify export and investment base by promoting trade with Asian and Latin American countries.
This report analyzes the impact of different macroeconomic indicators of the country on various industries. It also includes the impact of socio-political-demographical changes on Spain’s economic performance. This report analyzes domestic and external economic trends, government policies, technological changes, and their impact on different industries. In the current economic scenario of the country, construction, banking, and manufacturing industries are likely to be most affected. Lucintel offerings include M & A and Due Diligence.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. For more information please follow Lucintel at Facebook: https://www.facebook.com/lucintel. Twitter: https://twitter.com/lucintel. LinkedIn: http://www.linkedin.com/company/357023?trk=tyah&trkInfo=tas%3Alucintel%2Cidx%3A1-1-1

Total Views: 89Word Count: 378See All articles From Author

Business Articles

1. Why Video Transfers Have Become So Essential At Present?
Author: alphadvdcreations

2. Video Transfer Method To Keepyourfavourites For Life
Author: alphadvdcreations

3. How Compact Lube Trucks Can Increase Industrial Maintenance Capabilities
Author: Scott Lee

4. 5 Tips To Get Your Construction Business Visible In Canada
Author: Rick Greoneveld

5. Why Retailers Need Ecommerce Product Catalog Management?
Author: Liza Zeimer

6. Cutlery For Wedding Should Have A Smooth Reflection And Smooth Edges!
Author: Dean Lance

7. Htc Screen Repair And Replacement In Uk
Author: Rosie Grace

8. Cutlery For Wedding Made From Copper Is Always Safe On The Use!
Author: Dean Lance

9. Floor Lamps South Africa Is Safe And Extremely Beneficial On The Use!
Author: Dean Lance

10. Stem Floor Lamp Is Designed To Produce Perfect Accent Of Lighting For Your Home!
Author: Dean Lance

11. To Be Appropriate For Benefiting Instant Cash For Me
Author: Jack martin

12. Opportunities For The Global Waterproofing Admixture Market To Reach $4.5 Billion By 2023
Author: Lucintel

13. Money Loan Specialist Carries On In A Positive Sense And Answers
Author: Alex Mighty

14. How To Increase Sales By Using Just One Word
Author: Ian Marsh

15. Xbox Game Console Repair Services In Uk
Author: Rosie Grace

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: