{
  "title": "Spain: Staff Report for the 2001 Article IV Consultation",
  "publication": "IMF Staff Country Reports, March 13, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/spain-staff-report-for-the-2001-article-iv-consultation-15713",
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  "summary": "This 2001 Article IV Consultation highlights that the economy of Spain grew by more than 4 percent annually during 1997–2000—reflecting strong consumption, competitive exports, wage moderation, and supply conditions enhanced by structural reforms.",
  "sections": [
    {
      "heading": "Executive summary",
      "content": "- The economy of Spain grew by more than 4 percent annually during 1997–2000.\n- Drivers cited: strong consumption, competitive exports, wage moderation, and supply conditions enhanced by structural reforms.\n- Annualized real GDP growth was about 2 percent in the third quarter of 2001, compared with 2.5 percent and 3 percent, respectively, in the second and first quarters of 2001.\n- Industrial production decreased during most of 2001, and in November stood about 1 percent lower than a year before."
    },
    {
      "heading": "Findings and indicators",
      "content": "- Growth performance:\n  - \"more than 4 percent annually during 1997–2000\"\n  - \"annualized real GDP growth was about 2 percent in the third quarter of 2001\"\n  - \"2.5 percent\" in the second quarter of 2001\n  - \"3 percent\" in the first quarter of 2001\n- Industrial activity:\n  - Industrial production \"has been decreasing during most of 2001\"\n  - \"in November stood about 1 percent lower than a year before\"\n- Structural contributors to expansion:\n  - strong consumption\n  - competitive exports\n  - wage moderation\n  - supply conditions enhanced by structural reforms"
    },
    {
      "heading": "Document identification",
      "content": "- This content is the IMF Staff Report for the 2001 Article IV Consultation on Spain.\n\nSpain: Staff Report for the 2001 Article IV Consultation (IMF Staff Country Report 2002, 053).\n\n---\n\n Content in this bundle\n\n- cr0253\n  - cr0253 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0253 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 13, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451812046.002",
    "The economy of Spain grew by more than 4 percent annually during 1997–2000.",
    "Drivers cited: strong consumption, competitive exports, wage moderation, and supply conditions enhanced by structural reforms.",
    "Annualized real GDP growth was about 2 percent in the third quarter of 2001, compared with 2.5 percent and 3 percent, respectively, in the second and first quarters of 2001.",
    "Industrial production decreased during most of 2001, and in November stood about 1 percent lower than a year before.",
    "Growth performance:",
    "Industrial activity:",
    "Structural contributors to expansion:",
    "This content is the IMF Staff Report for the 2001 Article IV Consultation on Spain.",
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