Venezuela PESTLE Insights - A Macroeconomic Outlook Report

January 2021 | 42 pages | ID: PCB6049B458EN
MarketLine

Abstracts

Venezuela PESTLE Insights - A Macroeconomic Outlook Report

Summary

Venezuela’s real GDP is forecast to contract by -12.04% in 2020, due to the loss of jobs in the production, manufacturing, education and hospitality sectors and limited growth prospects amid the pandemic.

Mining, manufacturing and utilities activities contributed 27.7% to the gross value added (GVA) in 2019, followed by wholesale, retail and hotels (23.5%), and financial intermediation, real estate and business activities (11.8%).

Scope

• As per the World Bank's logistics performance index (LPI), transport and logistic infrastructure in Venezuela deteriorated sharply over the last two years, with a decrease in rank from 122nd in 2016 to 142nd out of 160 countries in 2018.
• The IBVC index of the Caracas Stock Exchange has exhibited an upward trend since May 2020, after a sharp decline in January 2020 amid the pandemic.

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.

Contents

Table of Contents
List of Exhibits
Did You Know?
Country Highlights
COVID-19 Impact
Country Snapshot
PESTLE Insights
Political Landscape
Economic Landscape
Social Landscape
Technological Landscape
Legal Landscape
Environmental Landscape
Outlook

List Of Figures

LIST OF FIGURES

Exhibit 1: Venezuela’s Performance in terms of its Country Risk Analysis in Comparison to Latin America and the World
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: Venezuela Stock Market (IBVC) Index
Exhibit 5: Key Sectors’ Contribution to the Economy (2015-2022f)
Exhibit 6: Net FDI Inflows and Outflows (2015-2019) and FDI Stock Inflows and Outflows (2015-2019)
Exhibit 7: Key Infrastructure Indicators
Exhibit 8: Real GDP and Household Consumption Growth Rate (2015-2022f)
Exhibit 9: Real GDP Growth Rate Comparison (2019)
Exhibit 10: Export and Import Growth (2015-2022f)
Exhibit 11: Current Account Balance (2015-2022f)
Exhibit 12: Top Three Commodity Exports, % of Total Exports (2015-2019)
Exhibit 13: Mineral Fuel, Oils and Products of their Distillation (2018)
Exhibit 14: Exchange Rate (2015-2022f) and Inflation Rate (2015-2022f)
Exhibit 15: Revenue and Expenditure (2015-2019)
Exhibit 16: General Government Debt (2015-2019)
Exhibit 17: Unemployment Rate (2015-2022f)
Exhibit 18: Average Annual Wages (2015-2019)
Exhibit 19: Labor Cost Index (2015-2019)
Exhibit 20: Rural/Urban Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 21: Age-group Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 22: Gender Split (1995, 2005, 2015, 2025)
Exhibit 23: Internet Users as a Percentage of the Total Population, Mobile and Broadband Penetration Rate (2019)
Exhibit 24: Number of Patents Granted Per Million Persons (2019)
Exhibit 25: Research and Development, % of GDP (2019)
Exhibit 26: Doing Business in Venezuela 2020
Exhibit 27: Corruption Perceptions Index (Rankings) (2019)
Exhibit 28: CO2 Emissions (2015-2019)

COMPANIES MENTIONED

PDVSA
La Giralda