Navarre Economic Outlook 2019

Summary

The economy of Navarre grew by 3.0% in 2018 and will advance by 2.0% in 2019 and 1.8% in 2020. Some 11,000 jobs will be created in the biennium, although the risks are numerous and some of them are more likely now. In 2020 the level of employment will be 0.5 percentage points below of the pre-crisis level

Key points

• Key points:
• In 2019-2020, Navarre's GDP per capita in line with the average for Spain
• The regions of the Zona Media and Pamplona have surpassed their pre-crisis level of affiliation, with Pamplona, Ribera Alta and Ribera being the most dynamic in the last year
• The economy of Navarre will create around 11,000 jobs in the biennium ending in 2020
• External (protectionism, brexit, Europe's growth...) and internal uncertainty are increasing

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