The Spanish economy will exceed the pre-covid level by 6.6 points in 2025

Today, Carlos Corpus was playing with an advantage.

Oliver Thansan
Oliver Thansan
30 January 2024 Tuesday 21:41
9 Reads
The Spanish economy will exceed the pre-covid level by 6.6 points in 2025

Today, Carlos Corpus was playing with an advantage. The Minister of Economy appeared in the Congress of Deputies with the still fresh data published yesterday by the National Institute of Statistics that certified GDP growth of 2.5% last year, a percentage above what was expected. . Armed with this argument, he has stressed that Spain has surpassed the large economies and is above the behavior of Germany and France, and very close to that of Italy. Furthermore, he added that the growth forecasts are better for Spain than those of the European partners, so that “we would be practically 6.6 points above the pre-covid level in 2025 compared to the Italian, French or German economies, which will be below.”

A response that the minister wanted to place explicitly as a reply to the statements this morning by the president of the PP, Alberto Núñez Feijóo, in which he stated that the Spanish economy is not doing well and that it is one of the worst in Europe. “This statement is not true,” said Body, insisting on the growth of Spanish GDP last year, and recalling how at the beginning of the year many analysts anticipated a growth of only 1 or 1.5%, which has been far exceeded. .

With these data, the minister considers that the economy is very well placed to meet the growth objectives for this year, which the Government has set at 2%; a figure well above national and international forecasting organizations, which predict a percentage of around 1.5%, at least so far.

"The drag that we have due to the good data since 2023 positions us before starting the year 2024 already growing by one percentage point and this again is a very positive element to be able to continue growing and continue meeting our differential growth objectives," he said. underlined.

On the other hand, it has also announced the creation of the National Productivity Council, a recommendation from the European Commission and which appears as one of the commitments of the coalition agreement between the PSOE and Sumar. A piece of advice that should serve to improve business productivity and the impact that public policies and also new phenomena such as the application of Artificial Intelligence have on it.