Investor Presentaiton
Growth estimates of Community of Madrid in 2022
7.0
Extension of the recovery process launched in 2021
On average, projected growth for 2022 is 5.6% for
C. Madrid. The Community of Madrid would return to
the pre-Pandemic pattern with a higher rate of
economic activity generation than Spain.
GDP growth forecasts. Community of
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
5.6
6.0
5.0
4.0
3.0
2.0
1.0
0.0
C. Madrid
5.3
.
Spain
■BBVA Research apr-22
■CEPREDE jan-22
■Hispalink apr-22
Average
Downward pressures
× New waves and restrictions 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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