Madrid´s economy has remained highly buoyant in recent years, only surpassed by the island regions, mainly thanks to the momentum of market services and strong employment, which, coupled with the upturn in foreign (city) tourism, has boosted consumer spending. 

According to our estimates, Castile and León’s GDP will grow by 2.4% in 2024, slightly less than the Spanish economy as a whole (2.8%). Although employment is performing more sluggishly than average, there is a more positive trend in industry and exports, bolstered by a…

The Balearic Islands is one of the most dynamic regions in the country. According to CaixaBank Research, the Balearic Islands’ GDP will grow by 3.2% in 2024, above the Spanish average (2.8%). This is thanks to the upturn in tourism, which, in turn, is boosting job…

The Canary Islands’ economy has proven to be highly resilient following the pandemic. At CaixaBank Research, we expect 3.3% GDP growth in 2024 (2.8% in Spain), the highest in the country. The upturn in tourism is boosting job creation and consumer spending.

Murcia’s economy is evolving positively. At CaixaBank Research we estimate that Murcia’s GDP will grow by 2.7% in 2024 (2.8% in Spain). It has enjoyed a notable improvement in exports and industrial activity and, above all, an upturn in the agriculture and livestock…