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The economy of Galicia grew 2.7% in 2018, and will still grow 2.2% in 2019 and 2.0% in 2020, creating some 30,300 new jobs in those two years, although some external factors’ contribution shall slow down. Having almost recovered pre-crisis per capita income, creating more and better jobs remains as a challenge
January 2, 2019
Spain's Galicia region will once again grow more than the country as a whole in 2019
Galicia has been, in recent years, one of Spain's most dynamic regional economies. According to data from Spanish Regional Accounting, it is the region with the third highest cumulative growth between 2015 and 2017. Thus, it is just below Catalonia and Murcia, and above others such as Madrid, Castile-La Mancha and the Bale…
The economy of Galicia could have grown 2.8% in 2017 and will grow at least 2.6% in 2018 and 2.3% in 2019. This will add around 27,000 new jobs in the period and unemployment shall drop to 12.1%. Although pre-crisis GDP will be recovered, creating more and better jobs remains as a challenge.
The economy of Galicia grew 3.0% in 2016, and will still grow 2.8% in 2017 and 2.9% in 2018, creating some 20,000 new jobs in those two years, although some external factors’ contribution shall slow down. Having almost recovered pre-crisis per capita income, creating more and better jobs remains as a challenge.
La política fiscal y monetaria, junto con el turismo y el impacto de las reformas implementadas mantienen el crecimiento robusto, por encima de lo esperado hace unos meses. Pero los menores vientos de cola apuntan a una desaceleración en 2017
The Galician economy confirmed in 2015 that it was leaving the recession behind, after anaemic GDP growth in 2014. The recovery was underpinned on both external and internal factors.
The Galician economy will grow by more than 2% in 2016 and 2017, and will create close to 30,000 jobs during this two-year period. Internal demand continues its recovery, while tourism and exports are the main growth drivers. The recovery of the industrial sector, stimulating investment, and the creation of employment, are …
The economic recovery and job creation in Galicia both saw improvement in the first half. The BBVA Research scenario forecasts that growth will steady at around the 2.8% mark over the rest of 2015 and 2016, with potential for 37,000 jobs to be created over the two-year period.