{
  "title": "Spain: Staff Report for the 2004 Article IV Consultation",
  "publication": "IMF Staff Country Reports, February 17, 2005",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/spain-staff-report-for-the-2004-article-iv-consultation-18063",
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  "summary": "This 2004 Article IV Consultation highlights that with growth proceeding at a steady pace of 2.6 percent during 2004, the Spanish economy has weathered the slowdown in the European Union relatively well.",
  "publishDate": "2005-02-17",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Growth and economic performance (2004)",
      "content": "- Real GDP growth proceeded at a steady pace of 2.6 percent during 2004.\n- The report states that the Spanish economy \"has weathered the slowdown in the European Union relatively well.\"\n- Domestic demand is identified as the primary driver of growth in 2004."
    },
    {
      "heading": "External sector and current account",
      "content": "- The external current account is estimated to have widened to some 4¼ percent of GDP in the first half of 2004.\n- Net exports are recorded as making a continued negative contribution to growth."
    },
    {
      "heading": "Near-term outlook and projections",
      "content": "- A gradual, but sustained recovery is expected.\n- GDP growth is projected at 2.7 percent in 2005.\n- The projection for 2005 is \"again based on the strength of domestic demand, with a continued negative contribution of net exports.\""
    },
    {
      "heading": "Key subjects and thematic focus",
      "content": "- Banking\n- Employment\n- Housing prices\n- Inflation\n- Labor\n- Prices\n- Public debt"
    },
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      "content": "- Series: Country Report No. 2005/056\n- Volume: 2005\n- Issue: 056\n- Pages: 52\n- DOI: https://doi.org/10.5089/9781451812114.002\n- ISBN: 9781451812114\n- ISSN: 1934-7685\n\nInternational Monetary Fund. \"Spain: Staff Report for the 2004 Article IV Consultation\", IMF Staff Country Reports 2005, 056 (2005).\n\n---\n\n Content in this bundle\n\n- Cr0556\n  - Cr0556 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cr0556 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/spain-staff-report-for-the-2004-article-iv-consultation-18063"
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    "Published: February 17, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451812114.002",
    "Real GDP growth proceeded at a steady pace of 2.6 percent during 2004.",
    "The report states that the Spanish economy \"has weathered the slowdown in the European Union relatively well.\"",
    "Domestic demand is identified as the primary driver of growth in 2004.",
    "The external current account is estimated to have widened to some 4¼ percent of GDP in the first half of 2004.",
    "Net exports are recorded as making a continued negative contribution to growth.",
    "A gradual, but sustained recovery is expected.",
    "GDP growth is projected at 2.7 percent in 2005.",
    "The projection for 2005 is \"again based on the strength of domestic demand, with a continued negative contribution of net exports.\"",
    "Banking",
    "Employment",
    "Housing prices",
    "Inflation",
    "Labor",
    "Prices",
    "Public debt",
    "Series: Country Report No. 2005/056",
    "Volume: 2005",
    "Issue: 056",
    "Pages: 52",
    "DOI: https://doi.org/10.5089/9781451812114.002",
    "ISBN: 9781451812114",
    "ISSN: 1934-7685",
    "**Cr0556**"
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