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Galicia's GDP increased by 4.1% in 2022. We expect an increase of 0.7% in 2023 and 3.4% in 2024, which will allow the creation of 17 thousand jobs in the biennium.

On December 16, Mexican President Andrés Manuel López Obrador proposed an initiative to reform the Aviation Law that would authorize foreign airlines and parastatals to operate in Mexican territory.

Between September and December 2022, tourist spending made by Spaniards outside their usual province of residence was 26 pp above the 2019 figures, according to data on spending with credit cards from BBVA. However, a stagnation is observed whe…

This presentation analyzes the evolution of GHG emissions in Spain and its main determinants. The Spanish Regions that contribute the most to national activity do not always generate the most emissions. Sectoral structure and mix and balance of…

The INE has today published the first estimate of GDP growth for 2021 by Autonomous Community in Spain. As BBVA Research pointed out, the greatest dynamism was seen in the island and tourist regions. The Canary Islands, Navarre and the Basque C…

Economic growth in 2023 will be modest and driven by services. A drop in the secondary sector (mainly via Manufacturing) is anticipated due to the general slowdown of the economy. Industrial and tourist entities recover first.

In the middle of 2022, the Construction sector continues to grow, 0.5% above that presented in the middle of 2021, driven by Civil Works, Building continues to contract. Bank mortgage credit in 2022 with discrete growth, has taken the lead. A high concentration is observed at the state level.

Aragon's GDP is expected to grow by 3,3% in 2022, although the current economic slowdown will continue in the coming quarters. Regional GDP is expected to grow by 0,6% in 2023, due to the fall in European demand, higher energy and transport pri…

Central Government has authorized (approved and implemented) spending programs linked to the RRTP amounting to 43.7 billion euros, 83% of what was planned for 2021 and 2022. Of these, Central Government would have granted and awarded investment…

In 2020, there were 35,046 Baby Boomer retirement migrants residing in Mexico. More than half are from the U.S., followed by Spain and Canada, 3 out of 5 are men, 4 out of 5 are between 60 and 79 years old, more than half have bachelor's, speci…

Navarre's GDP grew by 4.8% in 2021. But the war in Ukraine and sanctions reduce growth expectations. Thus, Navarre's GDP is expected to increase by 3.5% in 2022 and to slow down in 2023, when the increase will be 0.2%.

The GDP of the Valencian Community grew by 5.8% in 2021. But the war in Ukraine and the sanctions reduce growth expectations. Thus, the Valencian GDP is expected to increase by 4.3% in 2022 and to slow down in 2023, when the increase will be 0.7%.