Figures published by the Spanish National Institute of Statistics (INE) position Asturias as the autonomous community with the highest GDP growth in 2017. The year-on-year advance was 3.8%, exceeding the Spanish average (3%) by 0.8 points, and the European average (2.4%) by 1.4 points. The subsequent positions were Cantabria and Aragon with a 3.4% growth rate, followed by Madrid with 3.3%.
The Asturian industrial sector, with an increase of 8.1%, was the greatest driving force behind the region’s GDP growth. Professional and scientific activities (7.1%), and construction (6.1%) were also an influencing factor on the increase in GDP in Asturias, allowing it to secure the top spot in the ranking of autonomous communities. Likewise, sectors such as IT and communications (3.4%), and trade (2.5%) revealed GDP increases throughout 2017.
The Hispalink integrated regional modelling network envisages an increase in GDP in Asturias of 2.6% in 2018.
Source: La Nueva España