Home Entertainment News Its economy soars by 2.6% despite Sánchez and the severe drought

Its economy soars by 2.6% despite Sánchez and the severe drought

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Its economy soars by 2.6% despite Sánchez and the severe drought

Despite the obstacles that the government is putting in the way to the Andalusians and despite the fact that 2023 was a more than complicated year for one of the main powers of the community (the agriculture), Andalusian workers and businessmen have managed to ensure that economy of Andalusia rose 2.6% last year. An authentic featgiven that we are talking about growth very similar to that of Spain as a whole but in a region that has been affected more than any other by the drought.

Thus, the Andalusian economy grew in 2023 practically at the same rate as the Spanish economy and recovered orient yourself shown from 2019 to 2021, where it even exceeded the growth data of the GDP registered in all of Spain. All this, despite a year “very negative” for a strategic sector in Andalusialike agriculture, due to the effects of drought on all agri-food activities.

According to the latest review included in the system of Annual regional accounts of Andalusia who develops the Statistical and Cartographic Institute of Andalusia (IECA)he GDP grew up in Andalusia in 2023 2.6%while throughout Spain it reached 2.7%. Both data represent an upward revision of data on the behavior of the economy a year earlier. So, while the INE granted two-tenths more growth in its review of GDP data in Spain, the CIRA placed this revision a tenth higher.

Regarding the data of regional accounting annual Andalusia 2023highlights the capacity of Andalusian economy to cope with the effects of drought on all agricultural activity and the production of the agri-food industry, as well as the reduction in exports of this sector and goods, taking into account the drop in demand from traditional trading partners . Tourism and services offset these effects.

Thus, in 2023, the greatest growth in the Andalusian economy occurred in the professional activity sectors, with a year-on-year increase of 9.2%, followed by information and communications, which increased by 5.4%, or by wholesale and retail trade. retail trade which increased its activity by 4.2%. Services increased by 3.9% and artistic, recreational and entertainment activities by 3%. Key sectors, such as construction, grew by 2.4%, while agriculture, livestock, forestry and fishing grew by only 1%. Conversely, industrial activity decreased by 2.4%.

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