The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the draft budgets for 2026 for the Basque Country, which presents estimates of growth in the gross domestic product (GDP), in terms of volume and at current prices, of the GDP deflator and of employment, in terms of persons employed and full-time equivalent jobs, that differ from the latest estimates in the macroeconomic scenario for the country as a whole.
Specifically, the Basque Country estimates GDP growth in terms of volume of 1.9% for 2026. This forecast coincides with AIReF’s central forecast and is within the range of forecasts made by other agencies for the region.
