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Investing.com -- Spain’s economic growth for 2024 has been revised upward to 3.5% from the previously reported 3.2%, according to data released Friday by the country’s National Statistics Institute (INE).
The adjustment came after the statistics agency computed final economic data for the year. The revision represents a 0.3 percentage point increase from the original growth figure.
At the same time, INE made adjustments to previous years’ growth rates. The 2023 gross domestic product growth was revised downward to 2.5% from the earlier estimate of 2.7%, marking a 0.2 percentage point reduction.
For 2022, the statistics office adjusted figures in the opposite direction, revising the growth rate upward to 6.4% from the previously reported 6.2%.
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