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Spain growth outlook remains strong for 2017 & 2018: European Commission Forecast

13 Feb
2017

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The growth for 2017 is expected to be 2.3% and 2.1% for 2018 for Spain

The European Commission just released it’s Winter economic forecast for the Eu region: Spain remains strong:

Economic growth exceeded expectations in recent quarters. As favourable tailwinds gradually subside, the pace of growth is set to ease but remain robust throughout the forecast horizon.

Unemployment is set to continue to fall steadily, and inflation is picking up as oil prices increase and core inflation recovers.

Thanks to both new revenue measures and a positive macroeconomic outlook, the general government deficit is expected to continue declining over the forecast horizon. Public debt is set to stabilise at about 100% of GDP.

 

Check our interactive chart of all the European countries with their respective growth rates expected for 2017 and 2018, you will find it on the third point of this page.

Find the full winter economic forecast here.

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