According to the report published by Eustat, growth is mainly supported by the evolution of the services sector.
He Gross domestic product (GDP) has grown 0.4% and the employment A 0.3% in the third quarter of 2024. Compared to the third quarter of 2023, both GDP and employment increased by 1.6%, according to estimates from the Advance Quarterly Economic Accounts of eustat.
As reported by the organization in a note, current economic information available at the time of the preparation of this advance shows that the annual growth observed in the Basque economy this third quarter of the year is mainly based on the evolution of the service sector.
Employment, measured in full-time equivalents, increased by 0.3% in the second quarter of 2024 compared to the previous quarter. Compared to the same quarter last year, the estimated growth is 1.6%.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
