Searcher

Published on Wednesday, March 10, 2021

Spain | Castille-La Mancha Economic Outlook 2021

The economy of Castille-La Mancha may have shrunk by 9.0% in 2020, and might grow 4.4% in 2021 and 6.2% in 2022. Public policies softened the impact of COVID-19. Consumption and investment will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.

Key points

  • Key points:
  • GDP per capita in Castille-Le Mancha shall grow slightly over Spain´s up to 2022. The lower relevance of social consumption and foreign tourism allow a milder recession in 2020 .
  • Heterogeneous impact among urban areas, more favorable for Talavera, Ciudad Real and Toledo.
  • Consumption and investment may allow to add some 31,000 jobs between 2019 and 2022.
  • The risks arise from the pandemic, much needed reforms and NGEU funds' distribution.

Geographies

Topics

Has this information been useful?

New comment

Be the first one to add a comment

Load more

You may also be interested in