Lucintel's PESTLE Analysis of Ukraine Estimates $279.3 Billion Economy by 2017
Irving, Texas (PRWEB) October 10, 2012
In 2011, Ukraine's GDP accounted for $166.9 billion at current price and is expected to increase to $279.3 billion by 2017 at the current price. The Ukrainian economy was hit by the harsh effects of the global financial crisis but managed to attain a 4.2% growth in 2010. The country started experiencing low inflation rate in 2011 as compared to the inflation rate during 2005-2010 although it is still above the central bank's comfort zone.
Lucintel, a leading global management consulting and market research firm, makes a concise study and an insightful analysis on Ukraine's political, economic, social environment and business risk and presents its findings in “PESTLE Analysis of Ukraine 2012.”
Lucintel has diagnosed increasing inflation, which is above the comfort zone of the central bank, and increasing dependency ratio to be stoking the woes of the Ukrainian economy. The economy has its growth factors in the two major contributors to its GDP, the service and manufacturing sectors. Ukraine's abundant natural resource is another major growth factor.
Almost all the sectors have 100% FDI in Ukraine. A major share of FDI takes place in the service sector followed by the manufacturing sector. Production of shake gas in the country will wean it off from Russia as well as increase the country's export. Improvement in Ukraine's investment climate can be seen with its reformed regulatory system and attempt to bring down inflation within comfort level by increasing the interest rate and thereby sustain financial stability. Ukraine is ahead of the other European countries in R&D expenditure, yet it needs improvement with higher private participation.
This Lucintel research report provides a detail risk analysis of political, social, economic, R&D, and technological environments and SWOT analysis en masse. This research study is designed and intended for use by new entrants, manufacturers, OEMs, investors, executives, and consultants focused on the market of Ukraine.
The data and analysis found in this report can be utilized for a variety of functional business reasons, including business development, strategic planning, determination of market size and trends,competitive analysis, investment decisions, and joint product development.
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. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency.Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.
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