Spanish GDP grew by 0.7%

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Monday, Jan 30 2017

Spanish GDP grew by 0.7%

The Gross Domestic Product (GDP) generated by the Spanish economy shows a variation of 0.7% in the fourth quarter of 2016 compared to the previous quarter, according to estimation of quarterly GDP. This rate is similar to that recorded in the quarter previous.

The annual variation of GDP in the fourth quarter of 2016 stands at 3.0%, two tenths lower than in the third quarter (3.2%). By the temporary aggregation of the four quarters, the growth in volume of GDP in the year 2016 is estimated at 3.2%.

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