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The Colombian economy is cycling towards recovery, with projections of moderate growth. Increasing investment and improving infrastructure are needed to accelerate the pace. Seizing local and external opportunities is crucial. Public-private collaboration is key to achieving economic goals.
This study demonstrates how expenditures between regions can be used to estimate domestic tourism, and gain further insights into its dynamics. We discuss additional use cases of the methodology, and offer suggestions on how it can be specialized for asking different types of questions.
DANE published departmental GDP figures for 2023. It is noteworthy that, despite the good growth performance of some departments, there are large regional disparities, which are mainly evidenced in the share of national GDP, contribution to tot…
In April, the national unemployment rate was 10.6%, similar to a year ago and, seasonally adjusted, lower than in March 2024. The April rate results are due to the good performance of employment, which to some extent was due to the higher numbe…
Avocado is one of Mexico's main consumption and export products. We estimate the GDP of avocado from 2018 to 2022 by the production method using a deterministic approximation and official sources. The results are consistent with the growth that…
The GDP of the Valencian Community could increase by 2.1% in 2024 and 2.0% in 2025, which would allow the creation of 103,000 new jobs in the region in the biennium.
According to BBVA credit card data, the first months of the year have been characterized by a slowdown in the growth of tourist spending in Spain compared to the last months of 2023, weighed down by the decline in consumption by Spaniards and despite the rebound of foreign tourism.
In March, the national unemployment rate was 11.3%, up from 10.0% a year ago. Seasonally adjusted, the national unemployment rate continued its upward trend in March. Employment fell by 0.7% year-over-year, so that job creation continued its do…
The GDP of the Canary Islands will increase to 2.6% in 2024 and 1.6% in 2025, which will allow it to create 49,000 new people in the community in those two years.
GDP in Castile and Leon could increase by 2.0% in 2024 and 1.8% in 2025, which would create 27,000 new jobs in the region in the biennium
By the end of 2023, the Mexican economy grew at an annual rate of 3.2%, with an extraordinary growth of 15.6% in construction and differentiated effects at the regional level. The dynamism of services underpins growth in 2023; Wholesale and Retail grew 3.9% and 4.1%, respectively.
The GDP of the Balearic Islands could increase by 2.5% in 2024 and 1.7% in 2025, which would allow the creation of 28,000 new jobs in the region in the biennium
