The economy grew 2.2 % in Euskadi in 2024 and 17,000 new jobs were created

Euskadi closed 2024 with a growth of the 2.2 % GDP and the generation of more than 17,000 jobs1.8 % compared to 2023, according to Eustat estimates.

With regard to the fourth quarter of the year, the GDP registered an increase of 2.1 % in relation to the fourth quarter of the previous year and 0.6 % in relation to the previous quarter.

These estimates of GDP growth of last quarter The year improves in two tenths obtained in the progress of quarterly accounts of January 16, 2025, both in Interannual and in intertrmetral terms.

In turn, the estimate of GDP growth has increased by a tenth. For historical areas, the annual growth of 2 % GDP is estimated Álava2.2 % in Bizkaia and 2.1 % in Gipuzkoa.

The estimated year -on annual growth of the 2024 year for the Basque economy, “considerably” superior than in the whole European Union And in the eurozone, the four tenths lies under the most recent estimate of the growth of the US economy and more than one point under the estimate for the Spanish economy, which reaches 3.5 %.

Employment

The number of jobs has promoted 1.8 %throughout the year throughout the year, which represents 17 136 net jobs more than the previous year. With regard to employment (measured in fully equivalent jobs), a positive variation of 1.6 %is estimated in interanual terms. This year the percentage of the year is a growth of 0.4 % compared to the third quarter of 2024.

The interanual evolution of employment is positive in all branches and promotions, in relation to the same quarter of the previous year, they are 0.2 % in the primary sector, 0.7 % in industry, in 0.6 % under construction and in 1.9 % in services.