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Impact of Covid-19 and outlook for the Spanish economy.

Impact of Covid-19 and outlook for the Spanish economy.

  • Por José María Romero Vera
  • 17th of April 2020

The world economy is being strongly affected by the impact of the Covid-19 pandemic. The necessary search for the containment of the progression of the disease has led to a general disruption of the economic activity, including Spain. In this context, we expect the contraction of Spanish GDP to reach 10% in 2020. The impact of the crisis will be heterogeneous at the sectorial level. In order to recover from this crisis, the needs of the productive network must be considered with the utmost care, since they represent the main generator of employment.

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