Valencia, Madrid and Catalonia, the fastest growing communities in 2015 – Investing.com Spain

MADRID (Reuters) – The autonomous regions of Valencia, Madrid and Catalonia were the highest economic growth recorded in 2015, with records above 3.2 percent GDP grew in the whole year.

According to data released Wednesday by the National Statistics Institute, Valencia saw its GDP grow by 3.6 percent, Madrid rose 3.4 percent and Catalonia grew by 3, 3 percent.

the fact that Valencia and Catalonia are the two communities with the largest debt relative to its economy, with 2.9 percent of GDP in the case of Valencia is given and 2.6 percent of GDP in Catalonia, according to the Bank of Spain which compares with a national average of 1.5 percent of GDP.

on the other side, Cantabria (2, 6 percent), Melilla (2.7 percent) and Aragon (2.7 percent) were the regions with lower growth.

in terms of GDP per capita, Madrid is the richest region country with an average of 31,812 euros per capita, 36.6 percent above the national average, located at 23,290 euros.

by contrast, Extremadura in 2015 showed the lowest GDP per capita, the stand at 16,166 euros.

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