Balearic Islands

Balearic Islands latest publications

March 6, 2019

Balearic Islands Economic Outlook 2019

The economy of the Balearic Islands would have grown by 2.4% in 2018, is expected to advance by 2.2% in 2019 and moderate to 1.7% in 2020, linking seven consecutive years of economic recovery, with an average growth of 2.8% annually. This will add around 33,000 new jobs between the end of 2018 and 2020 and the unemployment …

March 13, 2018

Balearic Islands Economic Outlook 2018

The economy of the Balearic Islands is estimated to have grown at 4.1% in 2017. Looking ahead, regional GDP is expected to grow by 3.0% in 2018 and 2.6% in 2019. This would allow the creation of 36,000 new jobs and would reduce the unemployment rate to 7.1% at the end of 2019, very close to the historical low reached in 3Q1…

March 22, 2017

Balearic Islands Economic Outlook 2017

The economy of the Balearic Islands grew 3.2% in 2016, and will still grow 2.6% in 2017 and 2.5% in 2018, creating some 32,000 new jobs in those two years, although some external factors’ contribution shall slow down. Recovering pre-crisis per capita income, and creating more and better jobs remain as challenges.

June 29, 2016

Balearic Islands Economic Outlook 2016

The Balearics grew by 3.2% in 2015 and became the first region capable of surpassing the pre-crisis level of employment. The growth will settle at around 3.2% in 2016 and 3.3% in 2017. This scenario will allow the creation of 46,000 jobs over the two year period.

April 23, 2015

Presentación "Situación Balears. Primer semestre 2015"

La recuperación se consolida, y Balears podría aumentar en 38.000 los ocupados entre 2015 y 2016, superando el nivel de empleo previo a la crisis. Es necesario continuar con las reformas y el proceso de modernización de la economía.

April 23, 2015

Balearic Islands Outlook. First half 2015

The Balearic Islands economy is still picking up pace. Growth of 3.3% is forecast in 2015 and 3.0% in 2016, again above the national average. Around 38,000 jobs could be created up to late 2016, taking employment beyond the pre-crisis level.

July 23, 2014

Balearic Islands Outlook 2014

The recovery in the Balearic Islands started in mid-2013, consolidating job-creation at a stronger pace than the national average. The main pillars of this accelerating growth are a milder fiscal consolidation effort that in previous years and the contribution from the external sector. In the medium term reforms will be nee…

July 23, 2014

Situación Balears 2014

Las Illes Balears aceleran la recuperación iniciada a mediados de 2013, consolidando la creación de empleo y a un ritmo más vivo que la media nacional. Un menor esfuerzo fiscal que en pasados ejercicios y la contribución del sector exterior serán los pilares de la aceleración del crecimiento. A medio plazo serán necesarias …