Spain: Recent Economic Developments and Selected Issues

Publication Date:

May 27, 1997

Summary:

This Recent Economic Developments and Selected Issues paper highlights that after several years of relatively buoyant growth, Spain’s economy went into recession in late 1992 and through 1993, but recovered rapidly in 1994 and early 1995. Toward the end of 1995, there was a renewed slowdown, though less marked than in other European countries, followed by a gradual acceleration during 1996. Over the three-year period 1994–96, GDP growth averaged 2.4 percent a year. The employment growth picked up relatively strongly in 1995 and 1996.

Series:

Country Report No. 1997/039

Subject:

English

Publication Date:

May 27, 1997

ISBN/ISSN:

9781451812008/1934-7685

Stock No:

1ESPEA0011997

Pages:

102

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