Foreign investment in Catalonia up 18% in 2023, reaching €4.6 bn
While Catalonia recorded its best figures since 2016, Spain as a whole fell by 18%
Catalonia attracted €4.6 billion in foreign investment in 2023, according to data released by the Economy Ministry on Wednesday.
Compared to 2022, foreign investment increased by 18%, reaching the highest level since 2016 and the fourth highest level on record.
The surge in the last quarter is particularly noteworthy, with Catalonia receiving nearly €2.5 billion, almost half of the total for the year.
Among Spain's autonomous communities, Catalonia ranked second, just behind Madrid, which secured €15 billion. However, the Spanish capital experienced a decline in investment of almost 13% compared to the previous year.
The figures include foreign investment based on the location of a company's headquarters, regardless of where the investment is made, which contributes to Madrid's impact due to its status as the capital.
Nationally, Spain experienced an 18% decline, with a total of €28 billion of foreign investment in the country.