Spain GDP Revised for Past Years on Stronger Pandemic Rally
This article is for subscribers only.
The Spanish economy rebounded more strongly from the Covid-19 pandemic shock than initially though.
Gross domestic product expanded 6.4% in 2021 and 5.8% the following year, well above the originally reported 5.5% readings for both years, according to revised data released by the national statistics institute, known as INE, on Monday. The revised reading show the Spanish economy returned to pre-pandemic levels in 2022 instead of mid-2023.