He Gross Domestic Product of Spain grew by 2.6% in the fourth quarter of 2022, according to the definitive reading of the Spanish National Institute of Statistics. The figure is below the 2.7% forecast and the 4.7% of the previous quarter.
He Spanish GDP registers a variation of 0.2% in the fourth quarter of 2022 compared to the previous quarter in terms of volume. This rate is similar, both to the one registered in the third quarter, and to the one advanced on January 27.
In the year 2022 as a whole, GDP registers a variation of 5.5% in terms of volume. GDP at current prices stands at 1,327,108 million euros, 10.0% higher than in 2021.
The contribution of national demand to the interannual growth of the GDP is 0.9 points, 1.9 points lower than that of the third quarter. For its part, external demand presents a contribution of 1.7 points, two tenths less than that of the previous quarter.
Source: Fx Street
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