The Czech Republic has experienced robust growth during the last 10 years, but is expected to witness a modest rate of 2% over the next five years. The Czech GDP is forecast to reach US $279.8 billion in 2017. The open investment climate and huge potential in sectors such as energy, automotive, retail, and construction is expected to drive the economy over the forecast period.
Lucintel, a leading global management consulting and market research firm, has performed PESTLE analysis of the Czech Republic and presents its findings in “PESTLE Analysis of Czech Republic: 2012-2017.”
The export-oriented economy of the Czech Republic is witnessing somewhat of a slowdown due to the European economic crisis. The nation and its economy, however, are expected to ride through the rough patch on the virtue of its pace of economic growth and huge potential in sectors such as energy, automotive, and retail. Rebound in the growth of exports will further sustain economic growth.
Lucintel’s research indicates that the budgetary consolidations of the government are likely to result in a sluggish demand in the private sector through 2012. The economic growth will pick up again in 2013 due to the restored demand in western Europe supported by large-scale stimulation packages in the large European countries.
The Czech Republic has undergone major economic reforms and has privatized a majority of its sectors such as telecommunication, banking, and others. It is a stable economy registering double-digit growth over 2001-2011, making it a favorable destination for investment.
This study provides a concise overview of the PESTLE analysis of Czech Republic. The report studies the political, economical, sociological, technological, and legal analysis of the Czech Republic. The report also contains a SWOT analysis and recent economic policies analysis of the Czech Republic. The scope of this study is limited to annual trends for the past 10 years and forecasts of GDP and population for the next five years.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of this report:
• Trend and forecast of real GDP growth rate of Czech Republic
• Trend of savings and investments as well as consumption expenditure in percentage of GDP of Czech Republic
• Trend of consumption expenditure as percentage of GDP in Czech Republic
• Trend of growth of population and unemployment rate in Czech Republic
• R&D and technological factor of Czech Republic2012
• More than 15 figures/charts and five tables are provided in this roughly 60-page report