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Canary Island latest publications

August 12, 2021

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.

June 18, 2021

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.

June 11, 2021

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).

April 27, 2021

Spain | Regional Economic Outlook. Second Quarter 2021

From the second half of this year on, the progress in vaccination and larger investment related to NGEU funds shall push the recovery. In 2022, additionnally, expansive fiscal policies in Europe, Spain (and it´s autonomous communities) and the US shall push growth.

March 16, 2021

Spain | Canary Islands Economic Outlook 2021

The economy of the Canary Islands may have shrunk by 15.0% in 2020, and might grow 8.1% in 2021 and 9.6% in 2022. Public policies softened the impact of COVID-19. Consumption, investment and tourism will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.

March 1, 2021

Spain | Real estate outlook in the Canary Islands. March 2021

Housing sales fell more in the Canary Islands than the Spanish average and have not recovered to their pre-pandemic level. The main reason is the reduction in foreign purchases, whose weight fell below 30% in the first 9 months of 2020. Meanwhile, prices fell by 0.9% in 2020, less than the average (-1.1%).

December 16, 2020

DiGiX: Digital transformation index for the Spanish Regions as a starting point for NGEU

The update of the digitization index for 2020, presents a baseline for economic policy makers in charge of designing digital transformation plans for the economy, within the NGEU framework. It indicates innovation and productivity aspects to be promoted as well as the ones that are lagging behind to be supported.

March 18, 2020

Tourism after the crisis: where to go

For once, what is urgent has become important. The coronavirus crisis is taking priority over everything in the short run and its consequences could be difficult, particularly for the tourism industry.