Spain: The Economic Remontada

9/5/2017 - Infographic and chart
ic_blogtagSpainCountry RiskCreditEuropean Union (EU)EurozoneGross Domestic Product (GDP)Growth

Spanish GDP to surpass pre-crisis level for the first time at the end of 2017 After.

Germany, Portugal, France and Italy, Spain’s nominal GDP is expected to break its 2008 record this year. Spanish GDP is forecast to grow by +3.0% in 2017. It should moderate to +2.3% in 2018, as reflation takes its toll on household purchasing power and corporate profits.

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