According to updated forecasts, the economy will grow by 1.9% this year, slightly less than initially expected. However, in 2025 the increase will be greater than expected, namely 2.1%. In both years, 18,000 jobs are expected to be created and the average unemployment rate will be 7%.
The Basque government has done that revised downwards are growth forecasts for Euskadi’s gross domestic product (GDP) for this year by checking the 1.9%two tenths less than in the macroeconomic picture it has maintained since the month of this year September from last year.
He also revised the growth forecast for the Basque economy for the coming year. 2025but in this case upwardsby setting it to 2.1% as the previous one was 1.8%.
The Ministry of Economy and Finance published its first quarterly report on Tuesday, in which it also foresees that in both 2024 and 2025 18,000 jobsThe average unemployment rate will therefore be 7% this year and 6.6% next year.
(We are working to expand the information)
Source: EITB
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