GDP News
Gross domestic product is a key economic indicator measuring the total value of goods and services produced within a country.
Spain GDP: 2025 growth cut to 2.6%, 2024 revised up
Spain's National Statistics Institute (INE) has revised down its 2025 GDP growth forecast to 2.6%, citing slower consumption and investment. However, the 2024 growth estimate was revised up to 3.7%. The INE also adjusted nominal GDP upwards by 2.82 billion euros.
Spain's Debt Drops Below 100% of GDP
Spain's public debt ratio fell to 99.9% of GDP in July, the lowest level since February 2020. Despite this milestone, the nominal debt reached a record 1.744 trillion euros.
UK Economy Grows 0.4% in July
The UK economy unexpectedly grew by 0.4% in July, matching June's rate. This figure exceeded economists' predictions of no growth.
Gross domestic product is a key economic indicator measuring the total value of goods and services produced within a country.
