## Spain: Staff Report for the 2014 Article IV Consultation

_IMF Staff Country Reports, July 10, 2014_

## Source details

**Canonical URL:** [Spain: Staff Report for the 2014 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/spain-staff-report-for-the-2014-article-iv-consultation-41733)

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## Bibliographic details
- Published: July 10, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498348157.002

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### Macroeconomic assessment and trends
- Economic growth in Spain has resumed.
- Unemployment is falling.
- Exporters are gaining market share.
- The current account is in surplus for the first time in decades.
- Financial conditions have improved sharply, with sovereign yields at record lows.
- Business investment is rebounding strongly.
- Private consumption has started to recover owing to improved employment prospects and rising confidence.

### Policy discussion and Executive Directors' conclusions
- Executive Directors have welcomed the improving Spanish economy.
- Executive Directors stressed that labor market reform should be accompanied by product and service market liberalization to maximize the gains to growth and jobs.

### Publication and metadata (as provided)
- Publication date: July 10, 2014
- Pages: 78
- Volume: 2014
- Issue: 192
- Series: Country Report No. 2014/192
- DOI: https://doi.org/10.5089/9781498348157.002
- Stock No: 1ESPEA2014002
- ISBN: 9781498348157
- ISSN: 1934-7685
- Subject: Corporate income tax, Employment, Labor, Labor markets, Taxes, Unemployment, Wages
- Keywords: committee's recommendation, Corporate income tax, CR, Employment, Europe, Global, government, government tax Reform Proposa, government Tax Reform Proposal, increase VAT, ISCR, Labor markets, rate, trend productivity growth, Unemployment, vis nonresident, Wages

*International Monetary Fund. Spain: Staff Report for the 2014 Article IV Consultation (IMF Staff Country Reports 2014, 192).*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/spain-staff-report-for-the-2014-article-iv-consultation-41733_