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Spain: Staff Report for the 2001 Article IV Consultation

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  • International Monetary Fund

Abstract

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. 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. Industrial production has been decreasing during most of 2001, and in November stood about 1 percent lower than a year before.

Suggested Citation

  • International Monetary Fund, 2002. "Spain: Staff Report for the 2001 Article IV Consultation," IMF Staff Country Reports 2002/053, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2002/053
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