Aragon latest publications
BBVA Research has closely analyzed the Aragonese economy for a number years. We witnessed the resurgence following the "Great Crisis": 7 consecutive years of growth allowed GDP to recover, and it will grow above the average in Spain.
After growing 3.0% in 2018, the economy of Aragon could have grown by 2.1% in 2019. It will advance by 1.8% in 2020 and 2.0% in 2021, reducing the unemployment rate to 8.6% in 2021. The average GDP pc annual growth rate will be 2.0%, half a point above the Spanish average, with a demographic stagnation in the region
The Digitization Index (DiGiX) assesses the infrastructure, the level of adoption, and the institutional and market conditions that allow a country or region to take full advantage of information and communication technologies. It includes 17 Spanish regions and 99 countries, with comparable information available for 2019.
Aragon keeps its tendence of slower GDP growth.It could grow 2.0% in 2019 and 1,5% in 2020, given renewed commercial tensions and plenty of risks remain.
The economy of Aragon may have grown 2.6% in 2018, and will moderate to 2.4% in 2019 and 2.0% in 2020. It will create over 14,000 new jobs by 2020, although some risks are more likely to materialize now, than they were some months ago. Total employment will be still far from its pre-crisis level. Inclusive growth is a chall…
Aragon could grow by 2.8% in 2018 and 2.7% in 2019 in an export-friendly environment, with investment plans underway and a favourable economic policy. Uncertainty remains at high levels.
The economy of Aragon could have grown 3.2% in 2017 and will grow at least 2.4% both in 2018 and 2019. This will add around 21,000 new jobs in the period and unemployment shall drop to 7.7%. Although pre-crisis GDP and GDP per capita will be recovered, creating more and better jobs remains as a challenge.
Aragón podría crecer un 2,9% en 2017 y un 2,8% en 2018, gracias al impulso de la demanda interna y las exportaciones. Si bien el entorno global mejora, los riesgos internos y externos persisten.