Macroeconomic Opportunities and PESTLE Analysis of South Africa 2016
The South African economy is dominated by the service sector, which contributed approximately68.7% to the total GDP in 2016. Industrial sector contributes 27.5% of GDP, in which themanufacturing contributes 11.9% of GDP. South African government is looking towardspromoting diversification in the tourism sector and expansion of small and medium scaleenterprises in the textile and sugar industries. Strong total consumption caused by an increase inhousehold consumption and government spending, is expected to be the main growth driver ofthe South African economy.political, economic, social, technological, legal, and environmental factors of South Africa and hascome up with a comprehensive research report, “PESTLE Analysis of South Africa 2016.” Thisreport provides an analysis of the South Africa’s economy from historical, current, and futureperspectives. SWOT analysis, forecast and scenario analysis, and risk analysis of South Africa isalso included in the report. The report also includes the forecast for South African economicgrowth through 2021.
The report highlights various drivers and challenges which have influenced investment decisionsin the economy. South Africa is a politically stable country, and has a current account surplus.
South Africa’s literacy rate is 94.3% and R&D spending is 2.2% of GDP in 2016. South Africa iscurrently facing challenges, like high unemployment rate, high fiscal deficit, low foreign reserves,and currency depreciation. The South African economy is expected to show a gradual recovery ofeconomic activity, with strengthening economic growth in 2017. The expansion of economicactivity will rely on the growth of household consumption and investment, with an increase inmanufacturing exports followed by the currency appreciation.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.
Some of the features of “PESTLE Analysis of South Africa 2016” include:
Trend and forecast for key macroeconomic variables that are useful to make major
Analysis on economic activity, investment environment, and trade structure of the country
Major industries in South Africa and its contribution to GDP
Trends in savings, investments, and consumptions
Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
Analysis on geographical importance and social structure such as labor quality
Strength, Weakness, Opportunity, and Threat (SWOT) analysis of South Africa