Publications

With 31 editions published, the BBVA Regional Economic Yearbook is the most detailed report on the economy of the Catalan regions and includes o access via a digital portal. Catalonia's GVA increased by 4.0% in 2024 (4.0%), with Girona, the Pla de Lleida region, and the Comarques de Muntanya regions standing out.

In 2024, Catalonia's GDP could have grown by 3.2%, and is expected to increase by 2.6% in 2025 and 1.5% in 2026. Going forward, the evolution of activity will be marked by the high uncertainty surrounding economic and tariff policies and the slow recovery in Europe.

Tourism and consumption continue to drive growth toward the Mediterranean and the islands in 2025, but the prospect of a slowdown persists toward 2026 in a context of high uncertainty that delays the acceleration of export-producing regions.

In 2024, growth is revised upwards due to the boost in domestic consumption and tourism. The end of the drought, the improvement of the European economy, and the reduction of interest rates will help sustain growth, affected by the impact of the dana and possible changes in tariff policy in the US.

Catalonia's GDP will grow by 3.0% in 2024 and 2.6% in 2025, outpacing Spain's growth in both years. This will create 175,000 jobs between 2024 and 2025.

In 2024, prospects will improve, with service exporting communities benefiting most, while stagnant exports limit the progress of many industrial regions. In 2025, growth moderates and shifts to areas with less tourism weight.

Catalonia's GDP could increase by 2.6% in 2024 and 2.1% in 2025, which would allow 192,000 new jobs to be created in the region in the two-year period.

In 2024, the Spanish economy presents a heterogeneous outlook, with different autonomous communities showing significant variations in their growth prospects. In this quarter's BBVA Research Regional Economic Outlook report we explore the most relevant economic trends and challenges for this year and next.