B:SM will break its investment record this year with 62 million euros
War in Ukraine: when kyiv attacks Russia with inflatable balloons loaded with explosives
United States: divided on the question of presidential immunity, the Supreme Court offers respite to Trump
Maurizio Molinari: “the Scurati affair, a European injury”
Irritable bowel syndrome: the effectiveness of low-carbohydrate diets is confirmed
Beware of the three main sources of poisoning in children
First three cases of “native” cholera confirmed in Mayotte
Meningitis: compulsory vaccination for babies will be extended in 2025
When traveling abroad, money is a source of stress for seven out of ten French people
Elon Musk arrives in China to negotiate data transfer and deployment of Tesla autopilot
Patrick Pouyanné, CEO of TotalEnergies, is very reserved about the rapid growth of green hydrogen
In the United States, a Boeing 767 loses its emergency slide shortly after takeoff
A charred papyrus from Herculaneum reveals its secrets about Plato
The watch of the richest passenger on the Titanic sold for 1.175 million pounds at auction
Youn Sun Nah: jazz with nuance and delicacy
Paris Globe, a new international theater festival
Skoda Kodiaq 2024: a 'beast' plug-in hybrid SUV
Tesla launches a new Model Y with 600 km of autonomy at a "more accessible price"
The 10 best-selling cars in March 2024 in Spain: sales fall due to Easter
A private jet company buys more than 100 flying cars
This is how housing prices have changed in Spain in the last decade
The home mortgage firm drops 10% in January and interest soars to 3.46%
The jewel of the Rocío de Nagüeles urbanization: a dream villa in Marbella
Rental prices grow by 7.3% in February: where does it go up and where does it go down?
Even on a mission for NATO, the Charles-de-Gaulle remains under French control, Lecornu responds to Mélenchon
“Deadly Europe”, “economic decline”, immigration… What to remember from Emmanuel Macron’s speech at the Sorbonne
Sale of Biogaran: The Republicans write to Emmanuel Macron
Europeans: “All those who claim that we don’t need Europe are liars”, criticizes Bayrou
These French cities that will boycott the World Cup in Qatar
MLS: new double for Messi who offers victory to Miami
PSG-Le Havre: Ramos on his way, Kolo Muani at the bottom of the hole… Favorites and scratches
Football: Vasco da Gama separates from its Argentinian coach Ramon Diaz
F1: for the French, Ayrton Senna is the 2nd best driver in history ahead of Prost
This is clear from the definitive data published today by the National Institute of Statistics (INE). This data improves the Government's forecasts, which indicated an increase of 2.4% for 2023; However, GDP continued on the path of deceleration last year after having grown by 5.8% in 2022 and 6.4% in 2021.
Despite this, the Minister of Economy, Carlos Body, has highlighted that the 2023 economic growth of 2.5% is more than five times higher than the euro zone average and the highest among the main European economies. "The figures are incontestable," said Corps.
The INE has also maintained the growth pattern, with a contribution from national demand (consumption and investment) of 1.7 percentage points and a contribution from external demand (exports and imports) of 0.8 points.
Annual growth has been supported by the strength of household consumption driven by job creation and the good performance of the foreign sector, in a context in which interest rates are at their highest level in the last two decades. .
Business investment, however, has shown greater weakness and has not yet recovered its pre-pandemic level.
The value of GDP at current prices for the whole of 2023 stood at 1,461,889 million euros, 8.6% higher than in 2022.
GDP increased 0.6% in the fourth quarter compared to the previous quarter. This rate was two tenths higher than that of the third quarter.
National demand contributed 0.4 points to quarter-on-quarter GDP growth. For its part, external demand contributed 0.1 points.
On the demand side, household consumption grew by 0.2% and that of Public Administrations by 1.0%. For its part, investment, gross capital formation, rose 0.6%.
Both exports of goods and services (2.7%) and imports (2.5%) registered positive rates.
On the supply side, all major sectors presented positive rates in their added value. Thus, the industry grew 2.3% quarter-on-quarter. Within this, manufacturing accelerated three tenths, up to 1.1%.
Construction increased 1.2% quarter-on-quarter, 1.9 points more than the previous quarter. And services slowed down nine tenths, to 0.1%. For its part, agriculture registered a quarter-on-quarter variation of 5.3%, compared to -4.2% in the previous quarter.
