The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the draft budget of Catalonia for 2025, which presents growth estimates in the Gross Domestic Product (GDP) in volume terms and in employment for the period 2024-2025 that differ from the latest estimates of the Government of Spain’s macroeconomic scenario for the country as a whole.
Catalonia estimates GDP growth in volume terms of 2.2% for 2025. This forecast is similar to AIReF’s forecast of 2.3% and is in the range of other agencies’ forecasts for the region.