The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the draft budgets for 2026 for Aragon and Madrid. Both regions present 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, that differ from the Government’s macroeconomic scenario for the country as a whole.
Specifically, Madrid estimates GDP growth in terms of volume of 2.2%. This forecast is slightly below AIReF’s central forecast, but within the range of forecasts made by other agencies.
