Galicia Economic Outlook 2019

Summary

The economy of Galicia grew 2.7% in 2018, and will still grow 2.2% in 2019 and 2.0% in 2020, creating some 30,300 new jobs in those two years, although some external factors’ contribution shall slow down. Having almost recovered pre-crisis per capita income, creating more and better jobs remains as a challenge

Key points

• Key points:
• Economic growth continues in Galicia in 2019
• There will be a gentle slowdown in GDP in 2019 and 2020
• The Galician economy will create 30.000 jobs in the two years
• Uncertainty is on the rise due to increased protectionism, Brexit and the developments in the automobile sector

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