Spain achieved a world ranking of 54th position in the institutions pillar of the Global Competitiveness Index 2017-18 report published by the World Economic Forum. Should you wish to access the Spanish version of the infographic, kindly click here.
Preliminary Quarterly GDP In Q1 2018, the Spanish economy grew by 0.7% quarter-on-quarter, maintaining the rate of advance of the last two quarters. This evolution continues to be supported by the dynamism of domestic demand, by the improvement of financial conditions and the labour market, and also by the positive contribution of the external sector … Continued
Spain occupies the 68th position in the pillar of the financial market of the Global Competitiveness Index 2017-18 prepared by the World Economic Forum.
Economic Growth In Q4 2017, the Spanish economy grew by 3.1% year-on-year, reaching a nominal GDP of €1.16 trillion, and retains a favourable gap from the Eurozone average (2.7%). The domestic demand had a contribution of 3.2 points to this growth, 0.2pp more than in Q3 2017, while the foreign sector declined to -0.1 points, … Continued
SPAIN National Accounts (INE) In Q3 2017, the Spanish GDP recorded a year-on-year growth of 3.1%. It is worth noting the growth of domestic demand (2.7 points vs. 2.3 in Q2), while external demand shrank from 0.8 points in Q2 to 0.4 in Q3. Looking at the individual components of domestic demand, the final consumption … Continued
SPAIN GDP flash estimate Q3 2017 (INE) In Q3 2017 the Spanish economy grew by 0.8% quarter-on-quarter (in comparison with 0.9% in Q2) and by 3.1% year-on-year, due to the increase in private consumption and investment, especially in the construction sector. The foreign sector gained momentum in a global environment with a more synchronized growth. … Continued
Quarterly Report Q3-2017 Circulo de Empresarios from Círculo de Empresarios
The socioeconomic balance is a clear reflection that Spain is a success story. Since 1977, per capita income for the Spanish has doubled in real terms and gone from 76.1% of the EU average to the current 92%. The incorporation of women in the job market is a reality – their participation has grown from … Continued
SPAIN Tourist movements (Frontur) Spain registered 57.3 million tourists in the first eight months of 2017 (9.9% more than in the same period of 2016). By country, the main countries of origin were the United Kingdom (13 million), France (8.4 million) and Germany (8.2 million). Labour (Ministry of Employment) September ended with 27,858 more unemployed … Continued
The year 1977 evokes images of change, freedom, openness and mutual understanding. Many Spanish people can remember where they were when the recent democratic history of our country began. Others, because of their age, grew up while this was being consolidated, or had the good fortune to be born in a modern Spain that was … Continued
All the best things that have happened in Spain over the past 40 years of democracy have been a result of the attainment of our freedom and the achievement of our country’s modernisation, which has been boosted and reinforced through our integration with and commitment to the European project. Since 1977, the history of Spain … Continued
Quarterly report on the global and Spanish economy Q2-2017 Circulo de Empresarios from Círculo de Empresarios
The Barometer of the Círculos, now in its fourth edition, maintains its commitment to Spanish society to help resolve the imbalances that persist in the wake of the recent economic crisis. This objective is shared by the Círculo of Entrepreneurs, the Círculo of Economy and the Círculo of Basque Entrepreneurs, and has been since the … Continued
SPAIN Advanced GDP 1Q 2017 (INE)) In the 1Q of 2017 the GDP grew by 0.8% quarter-on-quarter and 3% year-on-year. Employment April 2017 (Ministry of Employment and Social Security) In April the average affiliation to Social Security grew 1.18% to reach 18,122,222 employed persons. In year-on-year terms, there were 658,387 more affiliates (+3.77%), the best … Continued
SPAIN National Accounts 4Q 2016 (INE) In 2016 the Spanish economy grew 3.2% year-on-year, reaching a nominal GDP of 1.113trillion euros. In the 4Q, the GDP increased 0.7% quarter-on-quarter and 3% year-on-year (vs. 3.2% in the 3Q of 2016). The contribution of domestic demand to annual GDP growth in the 4Q was 2.2 points, three … Continued
SPAIN Employment January 2017 (Ministry of Employment and Social Security) Registered unemployment rose by 57,257 persons from December to reach 3,760,231, one of the lowest levels of the past seven years. In year-on-year terms, the number of people without work dropped by 390,524 (down 9.41%), the largest decline since 1999. In December there were 1,633,592 … Continued