The Minister of Economy, Trade and Business, Carlos Corps, assures that the data “reconfirms the good progress of the Spanish economy”.
The Spanish economy grew 2.5% in 2023a tenth more than expected by the government of Pedro Sánchez, after a quarterly increase of 0.6% in the last quarter of the year, according to data published today by the National Institute of Statistics (INE).
In this way the Spanish economy chained its borders third annual growth in a row, although last year was the most subdued year of the period: in 2021 GDP advanced by 6.4%, in 2022 it grew by 5.8% and the momentum has now weakened to 2.5%. These three years of growth have come after the historic 11.2% decline in GDP due to the coronavirus outbreak.
The Spanish Minister of Economy, Trade and Affairs, Carlos Corpshas emphasized that the final growth data for 2023 published today by the INE “reaffirm the good progress of the Spanish economy”.
“In the face of catastrophic forecasts and biased narratives, the numbers are clear and indisputable,” Body said, emphasizing that the 2.5% growth achieved in 2023 is “more than five times higher than the eurozone average and the highest of all countries.” the major European economies”.
Source: EITB
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