Basque Country Economic Outlook 2019

Summary

The economy of the Basque Country reduced its growth to 2.2% in 2018, and will keep a similar growth rate in 2019 and 2020. It will create 27,000 new jobs during that time, although there are many risks and some are now more likely to materialize. Total employment will be 5.5 percentage points below its pre-crisis level

Key points

• Key points:
• The Basque Country keeps its economic growth rate so far in 2019
• Basque GDP will keep its strength in 2019 and 2020
• The Basque economy will add 27 thousand jobs in two years
• Greater uncertainty because of protectionism, brexit and the automobile sector

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