Spain's economy up 2.5% in 2023, more than expected. The Spanish economy grew by a tenth more than the government estimates.
This is growth for the third consecutive year, although more moderate than that of 6.4% in 2021 and that of 5.8% in 2022. On an annual basis, in the fourth quarter GDP recorded an increase of 2%, a tenthMore than in the same period of 2022, driven by household consumption and investments. The National Institute of Statistics (INE) confirms the data anticipated by the executive.