Investor Presentaiton
Growth estimates of Comunidad de Madrid in 2022
Extension of the recovery process launched in 2021
On average, projected growth for 2022 is 5.6% for
C. Madrid. The Comunidad de Madrid would return to
the pre-Pandemic pattern with a higher rate of
economic activity generation than Spain.
GDP growth forecasts. Comunidad de
Madrid and Spain
Real GDP growth rates
Upward pressures
✓ Administration of the vaccines to a sufficent % of the
population during 2021/2022 and efficacy for other
highly contagious variants.
✓ Approval of some efficient treatment against COVID-
19.
✓ Tranfer of the funds of the Recovery and Resilience
Facility and REACT EU.
✓ Labour market recovery to be translated into
employment gains
7,0
6,0
5,2
5,0
4,0
3,0
2,0
1,0
90
0,0
5,1
C. Madrid
BBVA Research aug-22
FUNCAS may-22
Average
Spain
CEPREDE jul-22
AIReF jun-22
Downward pressures
× Geopolitical risk o situation during 2022
× Continued high price levels that reduce purchasing
power, undermining domestic demand.
× Slowdown in the arrival and management of Recovery
Funds.
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