The GDP of the Basque Country recorded an annual growth of 2.2 per cent in the first quarter, an increase of 0.5 per cent over the previous quarter
The Basque Country's Gross Domestic Product (GDP) grew by 2.2 per cent in the first quarter of2026, compared with the same period of the previous year, and grew by 0.5 per cent over the previous quarter.
Employment also showed an upward trend, with year-on-year growth of 1.3 per cent and 0.2 per cent over the last quarter of 2025, according to the progress of the quarterly economic accounts made by Eustat.
In a statement, the Basque Institute of Statistics has stressed that, according to the economic information available at the time of this progress, the growth of the first quarter is mainly based on the good performance of construction and services.
With regard to employment, measured in full-time equivalent jobs, the year-on-year growth of 1.3 per cent has been the creation of around 12,000 jobs.
In view of the statistical calendar, Eustat will publish on 5 June the disaggregated estimates of GDP and employment for the first quarter of 2026, after incorporating economic information not yet available in this progress.
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