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Report on the macroeconomic forecasts of Aragon Budget for 2025

The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the draft budget of the Autonomous Region of Aragon for 2025, which present growth estimates in the Gross Domestic Product (GDP) in volume terms, of the GDP deflator and of employment in terms of persons employed, for the period 2024-2026, different from the latest forecasts of the Government of Spain’s macroeconomic scenario for the country as a whole.

Aragon estimates GDP growth in volume terms of 2.4% by 2025. This forecast is higher than AIReF’s central forecast of 2% and is the same as the forecasts made by other agencies for the region. However, it should be borne in mind that the forecasts of some agencies do not yet include the recent revisions to the Spanish National Accounts.

AIReF
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