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April 7, 2021

Spain | Spanish exports of goods after COVID-19

Despite the difficult global context brought about by COVID, the Spanish exports of goods maintained their export market destination and gained competitiveness and share in international trade. Outlook is favourable, although the uncertainty about the pandemic remains high and its impact on global activity is relevant.

April 5, 2021

Spain | Exports will lead the recovery again

COVID-19 hit international trade in 2020, paralyzing activity in several sectors and disrupting global supply chains. Demand plummeted and trade flows were severely damaged. The upward trend in the export of Spanish goods that had been ongoing since 2010 was also interrupted.

March 23, 2021

Spain | The complementary pension systems need a boost

The pay-as-you-go (PAYG) pension system is one of the pillars of the welfare state. In order to keep people's income in retirement at similar levels to when they were working, advanced societies have developed complementary pension systems, but these are not particularly widespread in Spain.

March 16, 2021

Spain | Canary Islands Economic Outlook 2021

The economy of the Canary Islands may have shrunk by 15.0% in 2020, and might grow 8.1% in 2021 and 9.6% in 2022. Public policies softened the impact of COVID-19. Consumption, investment and tourism will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.

March 15, 2021

Peru | GDP contracts again in January

GDP contracted 1.0% year-on-year in January. Mining and hydrocarbons weighed down activity in January. These sectors were joined by others that have been experiencing contractions for almost a year, such as commerce and services
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  • Peru

March 12, 2021

Spain | R&D in the private sector: Next Generation EU (NGEU) funds are not enough

Research, development and innovation (R+D+I) are undoubtedly pending issues in Spain. Poor performance in this area has severe consequences for our economy. For example, the fact that there has been no growth in labor productivity in recent years and the resulting impact on wages.

March 10, 2021

Spain | Castille-La Mancha Economic Outlook 2021

The economy of Castille-La Mancha may have shrunk by 9.0% in 2020, and might grow 4.4% in 2021 and 6.2% in 2022. Public policies softened the impact of COVID-19. Consumption and investment will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.

March 9, 2021

Spain | Extremadura Economic Outlook 2021

The economy of Extremadura may have shrunk by 9.2% in 2020, and might grow 4.2% in 2021 and 7.0% in 2022. Public policies softened the impact of COVID-19. Consumption and investment will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.