The Independent Authority for Fiscal Responsibility (AIReF) published this Monday a report estimating the GDP of the Autonomous Communities for the second quarter of 2022, in which they include the Balearic Islands (2.5%), the Canary Islands (1.5%) ) , Comunidad Valenciana (1.3%) and Cataluña (1.3%) above the national average, which is 1.1%.

In terms of quarterly fluctuation rates, the Balearic Islands and the Canary Islands are the two autonomous communities that stand out for their expansion, which is higher than that of Spain as a whole, while Cantabria registers the weakest growth with an increase of 0.5%, followed from Extremadura (0.6%).

Below the national average, AIReF places the Basque Country and Andalusia (1%); Asturias, Castilla-La Mancha, Navarre, Aragon, Castilla y León and Galicia (0.8%); La Rioja and Murcia (0.7%); Extremadura (0.6%) and Cantabria (0.5%).

To make these estimates, AIReF uses a methodology that combines three types of statistical information: monthly data from short-term indicators disaggregated at territorial level, annual data compiled in terms of national accounts from the regional accounts of Spain, and Estimates for the national rate published by the Quarterly National Accounts.


For their part, year-on-year, the Balearic Islands are the Autonomous Community with the largest increase in GDP, with an increase of 13.8%, more than 7.5 percentage points higher than that of Spain as a whole (6.3%).

In fact, the Canary Islands (11.6%), the Valencian Community (7.2%), Andalusia (7.1%) and Catalonia (6.7%) are also above the national average, according to AIReF.

Below this average Madrid (6.2%); Asturias (6.1%); Aragon (5.5%), Navarre (5%); Basque Country (4.9%); La Rioja (4.7%): Cantabria (4.3%); Galicia (4.2%); Extremadura (4.1%); Castile and León (3.9%); Castile-La Mancha (3.5%) and Murcia (3.1%).

As AIReF warns in a press release, these estimates are fraught with greater uncertainty because, as INE itself warns, quarterly national accounts estimates have seen larger-than-usual revisions since the outbreak of the coronavirus.

Source europapress.es

You May Also Like

Dismantling a criminal group dedicated to drug trafficking operating in Ourense

[ad_1] Four members of the group, which also had infrastructure in Madrid…

Denialismus und Hitzeschwindel: Weder waren es 1957 50° noch werden Wetterkarten manipuliert

[ad_1] Meteorologen sind in diesem Sommer mehr von den Belästigungen der Leugner…

Congestion on K2: Around 150 climbers reach the summit in a single day, almost half in all of history

[ad_1] With all due respect to the carvings, Everest (8,848m) is no…

Constitutional judge Alfredo Montoya resigns for health reasons

[ad_1] MADRID, July 27 (EUROPA PRESS) – The judge of the Constitutional…