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Spain Outlook: a robust but weaker recovery & the need to sustain it over time from 2022 onwards.

Spain Outlook: a robust but weaker recovery & the need to sustain it over time from 2022 onwards.

  • Por José María Romero Vera, Andrés Arronte Ledo and Jorge Vindel González.
  • 5th of November 2021

The economic recovery is proving to be robust throughout 2021, but weaker than expected. The inflationary context will significantly offset its benefits. Will economic growth be sustainable from 2022 & beyond? In the latest edition of our report “Ee SPAIN OUTLOOK for Business Strategy” at Equipo Económico (Ee) we foresee that we will witness an incomplete economic recovery, with a rebound of Spanish GDP set around 4.7% and 5.3%, over 2021 and 2022 respectively. Therefore, the Spanish economy would only attain its pre-crisis activity levels in 2023.

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