Published on Thursday, January 2, 2020
What is the outlook for the Spanish economy in 2020?
Summary
The Spanish economy ends the second decade of the 21st century with a GDP growth rate close to its potential and an unemployment rate of 14.3%. During the last three quarters of 2019, GDP has grown at an annualized quarterly rate of 1.6%.
Key points
- Key points:
- After growth of over 4% in some quarters at the start of the recovery, the slowdown has been drastic.
- This is also the case for the job creation rate and for unemployment reduction.
- The unemployment rate exceeded 27% in 2013 and fell to below 14% in the first quarter of 2019.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Employment
- Regional Analysis Spain
Tags
Documents and files
Que_se_espera_para_la_economia_espanola_en_2020_Rafael_Domenech_ElCorreo_WB-1.pdf
Spanish - January 2, 2020