The Andalusian economy is growing strongly and exceeding forecasts.This is reflected in the latest upward revision of regional growth, which estimates Andalusia's Gross Domestic Product (GDP) increase at 3% by 2025, according to data published by BBVA Research. This figure places Andalusia above the average economic growth rate for Spain and other European regions.
The president of the Andalusian Government, Juanma Moreno, has highlighted during the control session in the Parliament of Andalusia that political stability, legal security and moderation They are key factors that are driving the transformation and progress of the Andalusian economy.
The Andalusian economy has enjoyed six consecutive years of growth above that of Spain and Europe.
Since 2019, the Andalusian economy has maintained a growth trend above the national average. This positive trend is not only maintained, but is also consolidated in 2025 with a growth forecast of 3%, a figure that strengthens the community's position as an economic engine of southern Europe.
According to the data presented, Andalusia It has been growing above the Spanish and European Union average for six years., which demonstrates the success of the economic policies implemented by Juanma Moreno's government. The Andalusian economy relies on strategic sectors such as agriculture, tourism, industry, and technological innovation to drive its development.
Record foreign investment in the Andalusian economy: more than 837 million in one year
One of the highlights is the increase in foreign investment in the Andalusian economy, which has grown more than 20 points above the national average. Specifically, Andalusia has attracted more than €837 million in foreign investment over the last year. This Growth demonstrates the confidence of international investors in the institutional stability and the favorable economic framework offered by the Andalusian Government.
Moreno has pointed out that this trend is the result of the creation of an ecosystem that favors business development, based on tax cuts, administrative simplification, and the promotion of strategic productive sectors.
Foreign investment in #Andalusia In 2024 it will reach €837 million, 40% more than the previous year.
That's more than 20 points above the Spanish average. The data is revealing.#AndalusiaWorks pic.twitter.com/z7nSIxR9dU
—Juanma Moreno (@JuanMa_Moreno) March 20, 2025
More employment and more self-employed workers are the driving force of the Andalusian economy.
The evolution of the Andalusian economy is also reflected in the labor market. Since January 2019, unemployment has fallen by more than 20% in Andalusia, which has accumulated 46 consecutive months of declines in the unemployment rateIn May 2021, the region consolidated its position as the region with the highest number of self-employed workers in all of Spain, a position it maintains to this day.
Currently, the Andalusian economy has 3,5 million employees and an unemployment rate of 15,7%. Furthermore, eight out of ten new companies registered with Social Security in Spain are Andalusian, which demonstrates the strength of the community's business fabric.
Household income grows by 28% and strengthens consumption in the Andalusian economy.
The growth of the Andalusian economy has also had a direct impact on household income. Between 2018 and 2024, family income has increased by 28%, while in the period 2012-2018 it barely grew by 1%. This increase demonstrates the improvement in the quality of life of Andalusians and the dynamism of the regional economy.
Housing policy is another key plank strengthening the Andalusian economy. The Andalusian government has tripled the number of social housing units built between 2019 and 2024 compared to the previous five-year period. In total, 12.000 social housing units (VPO) have been built, and the Emergency Plan announced by the government provides for the construction of 20.000 additional homes over the next five years.
These measures, together with the tax reduction and administrative streamlining introduced by the LISTA and its Regulations, They promote access to housing and stimulate economic activity and job creation in the construction sector., key to the Andalusian economy.
Andalusia guarantees legal security and stability to continue boosting the Andalusian economy.
The President of the Andalusian Government has stressed that the institutional, political and budgetary stability that Andalusia offers has been key to consolidating these results. In the face of the uncertainty experienced in other regions of Spain, the Andalusian economy continues to be a beacon of confidence and attractiveness for investment.
Moreno has highlighted that The Andalusian model, based on dialogue, stability and efficient management, allows for continued generation of wealth and employment. in the region. The Andalusian economy is, he said, an example of sustained and responsible growth.
