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News
Labour market: Economically Active Population Survey
In Q4-17, employment decreases by 50,900 persons. In the last 12 months, employment increases by 490,300 persons, the y/y change in employment was +2.65%. The number of unemployed persons increases by 34,900 in Q4-17. In the last 12 months, unemployment decreases by 471,100 persons, the y/y change in unemployment was -11.12%.
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News
Spanish external sector and competitiveness: facts and figures
In the year to September 2017, exports advanced by 9.1% compared to the same period of 2016 to €205.6 bn and imports expanded by 11.1% to €224.1 bn. In real terms, exports grew by 8.6% y/y, and imports grew by 5.6% y/y. Spain’s trade deficit increased to €18.6 bn compared to the same period of 2016 (deficit of €13.2 bn). The export/import coverage ratio reached 91.7%, 1.7 pp lower than in the same period of 2016 (93.4%, provisional data). The attached updated document provides additional key facts and figures of Spain’s external sector.
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News
IMF Country Focus. Spanish Recovery: Key Numbers
Spain has been a success story as crisis recoveries go. The country took the right reforms to get back on its feet after the blow it suffered when its economy slumped in 2008: its economy has expanded for the fourth year in a row. But while its growth is healthy and the country has regained much of its competitiveness, many people are still jobless, productivity is low, and the country is highly indebted to foreign creditors.
