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Foreign investment in Catalonia up 16% in first half of 2019

Figures show recovery in amount put into Catalan economy from abroad, reaching €1.2bn in first six months

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20 September 2019 11:47 AM

by

ACN | Barcelona

The amount of foreign investment injected into the Catalan economy reached 1.23 billion euros in the first half of 2019, a 16.1% increase on the same period last year.

The figures from Spain's industry and trade ministry show that the amount of foreign investment into Catalonia recovered considerably in the first six months of 2019.

Last year, Catalonia attracted 1.06 billion euros of investment from abroad, one of the lowest figures since 2014, when foreign investment reached 512 million euros for the year.

By quarter, January to March saw 704 million euros of foreign investment, a 95% rise on last year, with the amount from April to June reaching 530 million, some 28.4% less.

As for the difference between the first two quarters of this year, foreign investment fell by 24.8%, despite the overall improvement over the full six-month period.

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