Employment, measured in terms of full-time equivalents, increased by 0.7% compared to the first quarter of the year, representing an annual growth rate of 1.5%, a total of 14,270 jobs more than in the second quarter . quarter of 2022.
He GDP of the Basque Autonomous Community has advanced 0.4% in the second quarter of 2023, quarterly and annual growth is estimated at 1.5%, in both cases one-tenth less than the advance released in July. Employment, measured in terms of full-time equivalents, increased by 0.7% compared to the first quarter of the year, representing an annual growth rate of 1.5%, a total of 14,270 jobs more than in the second quarter of 2022, according to data released by Eustat.
These estimates, which incorporate all current economic information available at the time of their preparation, reduce by one-tenth the figures obtained in the Advance of the Quarterly Accounts of Eustat of 17 July last, both for the quarterly and the interannual growth rate, while the estimated variations in employment remains unchanged.
Eustat has specified that, if the 2022 nominal GDP data is compared with the previous Covid-19 data, the 2022 GDP will be a 8.5% higher than in 2019.
As for the development of GDP by area, in the second quarter of 2023 Alava presents an annual growth of 1.6%, Gipuzkoa 1.5% and Bizkaia of 1.4%.
Source: EITB
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