GDP latest publications
The rise in infections over the past month and increased costs throughout most of the past year herald a weakening of the recovery in Spain at the beginning of 2022.
The Colombian economy will grow 4.0% in 2022 and 2.8% in 2023, with inflation pressures that will gradually moderate from the second half of this year. The monetary policy intervention rate will turn contractionary in mid-2022. The great challenge for the economy is to increase formal employment and generate more savings.
2021 Q4 GDP outturn together with December real economic indicators again confirmed the growth slowdown, calling for more easing measures in 2022.
Leaving aside divergences in the short term, a comprehensive, balanced approach must pay attention to all the underlying information on the ongoing recovery of the Spanish economy that indicators such as GDP and employment can offer us.
The economy of the Basque Country, although showing a recovery, is less dynamic than expected last spring. GDP growth in 2022 will be somewhat higher than in 2021, around 5.5%, and by the end of 2022 there might be a return to the pre-crisis level of activity.
The global economy beat forecasts in 2021, with a more positive than expected first half to the year — driven by the restart in activity and the rollout of vaccinations. However, the second six months were more moderate, affected by supply chain disruptions and rising inflation.
One of the roles of Social Security is to provide insurance in the form of retirement pensions. Society is faced with the challenge of ensuring that Social Security provides this social policy through a sustainable and adequate pension system.
The INE has published the first estimate of GDP growth in 2020 by autonomous communities in Spain. The results show that the growth hierarchy was in line with what was pointed out by BBVA Research, which anticipated greater strength in Extremadura and Castilla-La Mancha and greater weakness in the isles and tourist regions.