Spanish Growth To Remain Robust In 2024 As Consumption Picks Up
Country Risk / Spain / Wed 01 May, 2024
Key View
- We have revised up our 2024 GDP forecast for the Spanish economy as private consumption is likely to perform somewhat better than we had anticipated in 2024 and our outlook on Spain’s industry has improved. We now expect the Spanish economy to expand by 2.2% in 2024 (previously 1.5%) after 2.5% growth in 2023.
- We remain of the view that