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La Rioja's GDP will grow by 2.5% in 2024 and 2.4% in 2025, exceeding the pre-crisis level by 8%, and 2,600 new jobs will be created.
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- Macroeconomic Analysis
- Regional Analysis Spain
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Following Law 21/2021 and the Intergenerational Equity Mechanism (IEM), Social Security contributions rose by 0.7 points without generating higher future pensions. Although the reserve fund is growing, the pensions system faces a significant de…
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- Spain
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- Pension
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Social Security affiliation fell by 193,700, and unemployment increased by 21,900 due to seasonal factors. After adjusting for this factor, it is estimated that the number of contributors rose by 23,000, while the unemployed decreased by 4,500.…
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- Regional Analysis Spain
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The year 2023 ended with a declining banking sector marked by the contraction of credit and the slowdown in deposits due to the ECB's restrictive monetary policy. However, the easing of interest rates and this monetary policy in 2024 has improv…
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- Spain
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- Macroeconomic Analysis
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- Central Banks
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Wealth stagnation may be influencing consumption and investment decisions. The recovery of prices in the real estate sector will help to improve the trend. However, the concentration of wealth in housing has negative externalities.
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- Real Estate
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Since the beginning of the war in Ukraine, Spain has grown more than the EU, but the data offers an alternate view when, instead of comparing the aggregate performance of activity and employment, we focus on per capita growth.
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- Employment
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Europe and the U.S. are considering how to increase the weight of manufacturing in the production structure. Since the beginning of the pandemic, fiscal plans and tariff policies have been announced to boost or protect certain sectors.
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- Spain
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- Employment
- ...
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- Macroeconomic Analysis
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This Working Paper analyzes the settlement payment for 2022 under the common system of autonomous communities financing, recently published by the Ministry of Finance.
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- Regional Analysis Spain
- ...
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- Macroeconomic Analysis
- Public Finance
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Social Security affiliation fell by 9,800 people, and unemployment decreased by 10,800, slightly worse than expected. Adjusted for seasonality, the number of contributors increased by 3,000, 22,000 less than in June, and the unemployed dropped …
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Falling interest rates, the gradual recovery in the eurozone and a more positive demographic outlook are expected to boost residential demand, which in a context of relatively limited housing production will lead to house price growth in the current biennium.
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- Regional Analysis Spain
- Real Estate
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Since 2013, labor productivity in the construction sector, measured as GVA per hour worked in real terms, has fallen by more than 20%. In comparison, the growth in the same indicator for all sectors is 5%.
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- Spain
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- Regional Analysis Spain
- Employment
- Real Estate
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