Spanish Consumers Helped Economy Outpace Peers at End of 2024

Apart from the activity in the eurozone, almost as if it did not matter what could happen with its trading partners, the Spanish economy entered the curves last year stepping on the accelerator. The INE has confirmed that GDP grew by 2024 by 3.2%, a rate higher than the 2.7% that it recorded in the previous year. Not only did it not slow down with the eurozone, but it was surprised by taking speed.

The Spanish economy grew by 3.2% in 2024, five tenths more than in 2023, after maintaining in the last quarter of the year an advance of 0.8%, the same that recorded in the...

Spain confirms itself as the most dynamic economy of the Eurozone in the last year. GDP rose by 3.2% in the year, almost four times more than the region as a whole. This good performance was achieved in a context where global uncertainty weighed heavily - war in Ukraine, crisis in the Middle East, still high interest rates - and in which our main partners, the two largest economies of the euro, faced major problems.

INE confirms that our country contributed about half of the GDP of all the euro partners last year

In 2024, Spain reached a gross domestic product (GDP) per capita, expressed in purchasing power standards, equivalent to 92% of the EU measure (100), after reducing the gap with respect to the Twenty-Seven by one percentage point in relation to the situation in 2023 (91%), which is the smallest gap with respect to the European average since 2017 and exceeding the 91% corresponding to 2019, the last year before the impact of the Covid-19 pandemic…

MADRID, 27 (EUROPA PRESS) Spain achieved in 2024 a gross domestic product (GDP) per capita expressed in purchasing power standards equivalent to 92% of the EU measure (100), after reducing the gap with respect to the Twenty-seven by a percentage point in relation to the situation of 2023 (91%), which means [...] The entry Spain improves its purchasing power to maximums since 2017, but still below the EU average appears first in Forbes Spain.