Spain’s National Statistics Institute (INE) on Friday revised the country’s 2024 gross domestic product growth rate upward to 3.5% from an original 3.2% after computing final data.<\/p>\n
INE also revised the 2023 annual GDP growth data down to 2.5% growth from a previous 2.7% and revised its 2022 data up to an expansion of 6.4% from a prior 6.2%.<\/p>\n
The Spanish economy has consistently outpaced its euro zone peers in recent years.<\/p>\n
On Tuesday, the government raised its 2025 growth forecast to 2.7% from 2.6%, considerably higher than Germany’s estimated 0.2% expansion and France’s 0.6% forecast.<\/p>\n
Las week, S&P Global raised Spain’s long-term sovereign credit rating to “A+” from “A”, citing a private sector-driven improvement in the country’s external finances, supported by high savings and robust exports.<\/p>\n
(Reporting by Joao Manuel Mauricio and Javi West Larra\u00f1aga, editing by Inti Landauro and David Latona)<\/p>\n","protected":false},"excerpt":{"rendered":"Spain’s National Statistics Institute (INE) on Friday revised the country’s 2024 gross domestic product growth rate upward to…\n","protected":false},"author":2,"featured_media":437373,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5312],"tags":[2000,299,28144,148162,62001,104],"class_list":{"0":"post-437372","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-spain","8":"tag-eu","9":"tag-europe","10":"tag-gross-domestic-product","11":"tag-ine","12":"tag-national-statistics-institute","13":"tag-spain"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115233938857517929","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/437372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=437372"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/437372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/437373"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=437372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=437372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=437372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}