Category: spain

In August 2023, Spain has recorded a significant increase of 13.9% in the arrival of international tourists compared to the same month last year, reaching a total of 10.1 million visitors. Breakdown of Tourist Arrivals by Mode of Transportation: These figures reflect robust growth in tourist arrivals through various modes of transportation, with a notable…

In a notable economic boost, Spain experienced a surge in international tourist spending during August 2023. According to the latest Egatur survey, the total expenditure by international tourists in the country reached a substantial €13.529 billion, marking a remarkable increase of 19.9% compared to August 2022. Key Highlights: This substantial growth in tourism-related spending is…

In the latest economic report, Spain’s Gross Value Added (GVA) reflects a positive trend, reaching a total of €1.23 trillion with a notable annual growth of 10.8%. Let’s delve into the key sectors: Spain’s economic landscape demonstrates resilience and growth across various domains, painting a positive picture for the nation’s economic future. https://www.ine.es/dyngs/INEbase/es/operacion.htm?c=Estadistica_C&cid=1254736177056&menu=ultiDatos&idp=1254735576581

In the first quarter of 2023, Spain saw notable trends in labor mobility: Nationality and Mobility (2023): Mobility among Employed: Total Unemployed: Mobility among Unemployed: Historical Perspective: The workforce has been growing steadily over the years, reaching 18,601k in the first quarter of 2023. These insights shed light on Spain’s evolving labor landscape. https://www.ine.es//dyngs/INEbase/es/operacion.htm?c=Estadistica_C&cid=1254736176909&menu=ultiDatos&idp=1254735976597

The Spanish Gross Domestic Product (GDP) exhibited a 0.5% increase in the second quarter of 2023 compared to the previous quarter, as measured by volume. This growth rate is a tenth of a percentage point lower than that recorded in the first quarter but is also a tenth higher than the estimate released on July…

In the latest release of labor mobility and geographical change statistics for the year 2023 from Spain’s “Última Nota de Prensa,” significant insights into the dynamics of the Spanish workforce have emerged. Labor Mobility Overview The report reveals that 2.6% of employed individuals in the first quarter of 2023 have relocated to a different municipality…

The latest data from Spain’s National Annual Accounts reveals a robust performance for the country’s economy in 2022. Here are the key highlights: GDP Growth: Spain’s Gross Domestic Product (GDP) experienced substantial growth in 2022, expanding by 5.8% compared to the previous year. This figure surpassed the earlier estimate provided by the Quarterly National Accounts…

The latest data from the quarterly labor cost survey (Encuesta Trimestral de Coste Laboral – ETCL) in Spain for the second quarter of 2023 has been released. The report indicates a notable increase in labor costs for companies compared to the same period in 2022. Key Highlights: These findings indicate the evolving landscape of labor…

The latest data from INEbase reveals the price indices for Spain’s service sector in the second quarter of 2023. These indices provide insights into the changes in prices across various service sectors, reflecting economic trends and consumer behavior. Here are some key highlights from the report: These indices provide valuable insights into the performance of…

In the second quarter of 2023, Spain witnessed a noteworthy decline in mortgage foreclosures, particularly those initiated on residential properties owned by individuals and legal entities, according to the latest data from the statistical report on mortgage foreclosures. Here are the key highlights from the report: The report also provides specific figures for the second…

The Spanish National Institute of Statistics (INE) has released the Harmonized Labor Cost Index (ICLA) for the second quarter of 2023, indicating key insights into labor costs within the country. Key Highlights: Labor Cost per Hour Worked – Q2/2023 Index Variation General Index 107.675 6.5 Adjusted Index 1 107.730 5.6 Year-on-Year Variation, Seasonally Adjusted Data…

Spain’s high-tech and medium-high-tech businesses experienced remarkable growth in 2021, according to the latest data. The total turnover of high and medium-high technology companies surged by 8.8%, reaching an impressive 285,935.7 million euros. This economic expansion is particularly noteworthy in the context of the global technology sector. Some key indicators for Spain’s high-tech sector in…

The latest statistics from the Instituto Nacional de Estadística (INE) reveal a notable decline in the number of mortgages registered for residential properties in Spain during June 2023. Key Figures: Trends: Market Implications: The decrease in mortgage registrations, along with the rise in interest rates, may indicate a shifting landscape in Spain’s real estate market.…

Spain’s railway transport sector has reported impressive growth in the second quarter of 2023, according to the latest data from the Instituto Nacional de Estadística (INE). Passenger Transport: Freight Transport: Trends Over Time: Future Outlook: The substantial growth in both passenger and freight transport via railways in Spain during the second quarter of 2023 bodes…

In the second quarter of 2023, Spain’s employed population saw a notable increase, with 603,900 individuals finding work compared to the first quarter, marking a growth of 2.95%. This surge brings the total number of employed individuals to 21,056,700, the highest ever recorded in the survey’s history. On a seasonally adjusted basis, the quarterly variation…

Indicators for retail trade in Spain show consistent growth in June 2023. According to the Retail Trade Index, the monthly variation at constant prices, adjusting for seasonal and calendar effects, is 0.3%. Furthermore, the annual rate of the General Retail Trade Index at constant prices stands at 6.4% in the series adjusted for seasonal and…

In the latest edition of the Survey of Occupancy in Non-Hotel Tourist Accommodations (EOAT) for June 2023, a 3.0% decrease in overnight stays compared to the same month of the previous year has been reported. Despite this variation, accumulated overnight stays since January have shown a growth of 9.1%, surpassing figures from the same period…

According to the provisional data from the Continuous Population Statistics (ECP) as of July 1, 2023, Spain’s population increased by 135,186 individuals during the second quarter of the year, reaching a total of 48,345,223 inhabitants. The arrival of immigrants from various nationalities contributed to this growth, with the main nationalities being Colombian, Moroccan, and Spanish.…

According to the latest Survey of Occupancy in Non-Hotel Tourist Accommodations (EOAT) for June 2023, there has been a 3.0% decline in overnight stays compared to the same month in 2022. This data presents a challenge for the tourism sector, which continues to face difficulties due to the ongoing pandemic. However, the survey also highlights…

According to the latest survey on non-hotel tourist accommodation, stays in these establishments have decreased by 3.0% compared to the same month in 2022. However, when looking at the cumulative stays since January, there is a growth of 9.1%, and they are 7.4% higher than the same period in 2019. In particular, rural tourism data…