In a Europe where the economy is at half mast, Spain has an insolent growth. In 2024, its gross domestic product (GDP) jumped 3.2 %, according to figures published on Wednesday, January 29. A rate four times faster than the European average and an increase of 0.5 points compared to 2023. “Thus, 40 % of the growth of the euro zone in 2024 comes from herewelcomed the Minister of Economy, Commerce and Businesses, Carlos Cuerpo. For the first time, the Spanish economy attenuated international shock effects instead of worsening them. »» Throughout the year, consumption increased by 2.8 %, exports, by 3 %, and imports, by 2 %.
Pulled by the tourism sector – with 94 million foreign visitors (+ 10 %) and 126 billion euros in tourist spending (+ 16 %) – and doped by strong immigration – 1.5 million new inhabitants have been identified Between 2021 and 2024 and 40 % of the 470,000 jobs created in 2024 were occupied by foreigners -, Spanish growth also benefits from the breath given by the funds of the European recovery plan Nextgenerationeu, decided in 2020.
You have 69.96% of this article to read. The rest is reserved for subscribers.
Source: Lemonde