4Q 2021 Economic Situation Report

The Gross Domestic Product (GDP) of Spain, in the fourth quarter of 2021, has experienced a quarter-on-quarter growth of 2.0% in terms of volume (adjusted data). Meanwhile, the interannual variation has been 5.2%, being below the forecasts contained in the General State Budget Law for 2021, which was estimated at an economic growth in GDP of […]

3Q 2021 Economic Situation Report

The Gross Domestic Product (GDP) of Spain, in the third quarter of 2021, has experienced quarter-on-quarter growth of 2% in terms of volume (adjusted data), while the year-on-year variation has been 2.7%, significantly below expectations, due to the impact of energy and raw material prices. In reference to the Canary Islands, the GDP in […]

2Q 2021 Economic Situation Report

We face a second half of the year where uncertainty is mixed with uncertain prospects based on a recovery based on an adequate vaccination rate compatible with the attacks of the different existing strains. In reference to the Canary Islands, GDP in the first quarter of 2021 registered a quarter-on-quarter decrease of 0.23% in real terms (compared to […]

4Q 2020 Economic Situation Report

The negative impact on the economy as a consequence of the COVID-19 health crisis has been permanent throughout 2020. This last quarter of the year continues to present high uncertainty, given the latest outbreaks of the pandemic, and the implementation, once again, of restrictions on mobility, not only on a regional scale, […]

2Q 2020 Economic Situation Report

During the second quarter of 2020, the impact of Covid-19 has generated an unprecedented economic crisis, due to the typology and the high uncertainty it generates for all sectors of society. The health effects, the declaration of the state of alarm, the restrictions on mobility, the closure of borders and the paralysis […]