IMF Staff Country Reports

Spain : 2007 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

May 18, 2007

Electronic Access:

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Summary:

Spain’s 2007 Article IV Consultation underlies that immediate growth prospects are bright and the central scenario is for a smooth landing but with appreciable downside risks. The Spanish economy enjoyed another year of remarkable growth in 2006, further extending its prolonged expansion. Output growth gathered pace in the course of 2006 to reach 3.9 percent for the year, and brisk job creation absorbed further increases in female participation and immigration, and inflation moderated appreciably.

Series:

Country Report No. 07/175

Subject:

Article IV consultations Balance of payments Current account balances Current account deficits Economic indicators Financial sector Fiscal policy Public information Spain Staff appraisals Staff Reports