Searcher

Published on Tuesday, March 9, 2021

Spain | Extremadura Economic Outlook 2021

The economy of Extremadura may have shrunk by 9.2% in 2020, and might grow 4.2% in 2021 and 7.0% 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:
  • Extremadura shall lead GDP per capita growth until 2022. The lower relevance of social consumption and foreign tourism allow a milder recession in 2020 .
  • Heterogeneous impact among urban areas, more favorable for Caceres.
  • Consumption and investment may allow to add some 16,000 jobs between 2019 and 2022.
  • The risks arise from the pandemic, much needed reforms and NGEU funds' distribution.

Documents to download

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