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The GDP of the Canary Islands will increase by 10.7% in 2022. We forecast an increase of 2.8% in 2023 and 3.3% in 2024, which will enable the creation of 69,000 new jobs between 2022 and 2024.

The Canary Islands' GDP could grow by 9.6% in 2022 and 5.7% in 2023. The control of the pandemic, the use of savings saved by Canarian families, the boost in the execution of European funds (NGEU) and unused productive capacity will favour recovery. Ukraine's invasion will have a negative effect.

The Canary Islands economy grew by 2.9% in 2017 and will continue to grow by 2.9% in 2018 and 2.6% in 2019. 56,000 jobs will be created by the end of 2019, despite the weakening of some external impulses.