Spain GDP

V L W recovery

World GDP Already Back To Pre-Crisis Levels

At the end of the first half of 2021, world GDP had already recovered end-2019 levels – after a decline of 3.5% in 2020 – thanks to the strong growth of the Chinese and US economies, according to calculations made in May by the OECD. Analysts at Oxford Economics agree in their calculations, which also talk about a GDP of 100.1% of 2019 in June 2021 and of a global…


spain flag crisis concept 1379 4664

Spain: GDP Falls By 0.5% In First Quarter

T. C. | The Spanish economy fell by 0.5% in the first quarter of the year, returning to negative values after having registered rates of 17.1% and 0.0%, respectively, in the third and last quarter of 2020. Analysts had expected a decline of 0.4%, so the figure is almost in line with forecasts.


The Spanish economy in 2020: things are not looking so bad

The Spanish Economy In 2020: Things Are Not Looking So Bad

Oriol Carreras and Eduard Llorens i Jimeno (CaixaBank Research) | All the indicators suggest that next year will be defined by the same key elements. As we can see in the first chart, to the extent that global growth, and that of the euro area in particular, remains contained, we do not expect to see a significant surge in exports. Therefore, the foreign sector will continue to provide very modest contributions to growth. Moreover, the global environment will remain a source of risk.


spain torito

Spanish GDP grows 0.4%, slowest in three years

The Spanish economy grew 0.4% in the second quarter, one tenth less than in the previous quarter and also a tenth less than advanced at the end of July. It is the lowest rate of quarterly growth in three years, according to the National Accounts published this Monday by the National Institute for Statistics (INE).


person climbing up stairs

Eurozone GDP: Hitting bottom?

Santander Research | The performance of the Eurozone economy in 2018 was far from meeting expectations. Having exceeded expectations in 2017, with GDP growth yoy of 2.5% – the strongest since the 3.1% in 2007 – the economy registered a strong slowdown in 2018 with caused up to a 1.8% fall yoy in GDP. Although, probably, the growth levels of 2017 were not sustainable – taking into account the economic fundamentals of the Eurozone and the performance of the rest of the world – , the economic slowdown was strong, especially in the second half of 2018. In quarterly terms, GDP went from growing a quarterly average of o.7% in 2017 to only 0.4% in the first half of 2018 and a quarterly average of 0.2% in 2018.



Does the 2019 Budget benefit the Spanish economy?

The Upward Manipulations In Spanish GDP Accounting

We have seen how the public debt figures are being manipulated downward, and now we’re going to see how there are also manipulations in Spanish GDP, but this time they are upward. From this we can infer that the ratio of debt/GDP, which is a crucial figure for the health of any economy, is seriously undervalued.

 



Betting on Spain

14 year employment record set in March

MADRID | April 7, 2015 | By Fernando G. UrbanejaThere are two lingering black marks against the Spanish economy. The first is rampant unemployment, which is second only to Greece in the euro area and the OECD.  The second is a large budget deficit-the largest in Europe-which remains stubbornly high and is still some way off the target of 3% of GDP. Against that backdrop, the Spanish economy has returned to stronger growth this year, with forecasts showing the economy could expand by as much as 3%. 


Cartoon Funcas 2

Funcas predicts stronger growth in Spain

The Corner | March 6, 2015 | In yet more positive news for the Spanish economy, influential foundation FUNCAS has revised its growth projections upwards for 2015 to 3%. Increased consumption and an improvement in the construction sector are the chief reasons for the upward trend.