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The GDP of Extremadura would have grown by 2.6% in 2018, 0.5 p.p. above the growth of 2017, and is expected to increase by 2.4% in 2019 and 1.9% in 2020. This will add around thirteen thousand new jobs between the end of 2018 and 2020 and the unemployment rate shall drop to 21.2%, still 5.8 p.p. above the 2007 minimum.
The economy of Extremadura grew 2.4% in 2017 and will grow 2.7% in 2018 and 2.4% in 2019. This will add around 10,000 new jobs in the period and unemployment shall drop to 23,3%. Although pre-crisis GDP will be recovered, creating more and better jobs remains as a challenge.
The economy of Extremadura grew 2.0% in 2016, and will still grow 2.3% in 2017 and 2.4% in 2018, creating some 13,000 new jobs in those two years, although some external factors’ contribution shall slow down. Although pre-crisis per capita income will be reached, creating more and better jobs remain as challenges.
After an increase of 3.0% in 2015, the GDP of Extremadura will grow 2.3 and 2.5% in 2016 and 2017, respectively. The fall in the price of oil, the acceleration of the EMU, and the strength of internal demand shall drive growth. This scenario will enable the creation of 13,000 new jobs during this two-year period.
A range of factors have contributed to the acceleration in growth being enjoyed by Extremadura’s economy. First, internal demand has performed better over the last year, supported by an improvement in confidence and a reduction in fiscal tightening. Second, external demand once again made a positive contribution. For the fu…
La recuperación se consolida, y Extremadura podría crear 14.000 puestos de trabajo entre 2015 y 2016, pero es necesario continuar con las reformas y el proceso de modernización de la economía.
The economy in Extremadura is growing and, for the first time since the crisis began, there is a bias to the upside in our forecasts
The economy in Extremadura troughed in 2013 and began to recover, a path it will continue in 2014 thanks to a more dynamic foreign sector and progress in correcting internal imbalances