The GDP of the Balearic Islands would have grown by 10.5% in 2021. The sanctions imposed on Russia and the increase in fuel prices reduce growth expectations. Even so, Balearic GDP could increase by 7.1% in 2022 and 5.0% in 2023, making the Balearic Islands the most dynamic region in the three-year period 2021-2023.
Spain | Regional Economic Outlook. Second Quarter 2022
GDP growth in Spain is revised downwards in both 2022 and 2023 due to the impact that the invasion of Ukraine, the sanctions imposed on the Russian economy and the increase in prices, especially fuel prices, will have.
Spain | Regional Economic Outlook. First Quarter 2022
The control of the pandemic, the return of foreign tourism, the arrival of European funds and the progressive elimination of bottlenecks to production mark the regional scenario. Tourist communities will grow more, but those in the north will also achieve historically high numbers.
Consumption remains dynamic, driving domestic tourism, allowing GDP to grow above average in 2021 in regions where coastal tourism is important. On the other hand, a lower than anticipated increase in investment and exports will affect activity in inland and northern regions.
Spain | Regional Economic Outlook. Third Quarter 2021
The improvement in health indicators and the relaxation of restrictions have reduced uncertainty and allowed a recovery in private spending and national tourism. The foregoing translates into generalized upward revisions in all regions in 2021, although with a different magnitude.
DiGiX: The digital transformation index to assess the objectives of the NGEU in Spain
The digitization of the economy is an essential ingredient for sustainable growth and social welfare. A good digital transformation plan requires a diagnosis of the starting point. The Digitalization Index (DiGiX) is a tool that allows such a diagnosis for the Spanish regions.
The GDP of the Balearic Islands would have fallen by 18.0% in 2020 and is expected to increase by 8.0% in 2021 and 11.6% in 2022. The economy in 2021 will go from less to more with the improvement of the international environment, European funds, the progress of vaccination and the relaxation of restrictions.
Spain | Greenhouse Gas Emissions in Spain: an approach by Autonomous Communities
Greenhose Gas Emissions shows a high heterogeneity across countries. Spain has been lowering its absolute emissions and its intensity in the last years. This document analizes in detail available data for GHG emissions of Spanish Autonomous Communities (AC).