Key GDP data for 2023
The most recent estimates indicate that the nominal Gross Domestic Product (GDP) for the year 2023 has reached the figure of 3,500.6 million euros, reflecting a year-on-year increase of 9.0% compared to 2022. In parallel ·lel, the real GDP has been established at 2,891.0 million euros, with an increase of 2.6%.
Revision of Estimates and Increase in Growth
Compared with the initial forecasts that anticipated a nominal growth of 7.4%, the semi-final revision has revealed an increase of 1.6 percentage points, attributed to the collection of more detailed data from the different sectors.
Sectoral Analysis: A Diversified Growth
Examining the economic sectors in nominal terms shows a growth trend in all of them. Following the difficulties caused by the COVID-19 pandemic, sectors such as transport and storage have experienced a remarkable increase of 16.8%. Other sectors, such as construction and financial activities, have also grown, with variations of 12.5% and 12.1% respectively.
Sectoral: Growth Details
In addition, real estate and professional activities have shown an increase of 9.9% and 9.8%. Trade, both wholesale and retail, as well as catering, continue to grow robustly, with increases of 9.2% and 9.1% respectively.
GDP per Capita: Perspectives and Trends
In relation to the population, nominal GDP per capita has reached 41,134 euros by 2023, with a positive variation of 4.5%. However, real GDP per capita has experienced a fall of 1.7%, remaining at 33,972 euros, influenced by the increase in the GDP deflator and population growth.
Fiscal Pressure and Economic Implications
Finally, in relation to the fiscal pressure of 2023, the semi-final estimate of GDP indicates a figure of 25.9%. This data represents a decrease of 0.8 percentage points compared to the previous year, when the fiscal pressure was 26.7%.
Final Reflections on Economic Growth
These data not only reflect an economic recovery, but also underline the importance of sector diversification and the need to continue monitoring economic trends to ensure long-term stability.
