With a 3.2% increase in 2015, the Spanish GDP growth was the highest among larger EU economies. The Spanish economy remained the best-performing major economy in the Euro zone also in 2017, thanks to below items:
- increasing ease of doing business
Spain did a large variety of efforts to ease the starting and running a business processes after the economy crisis hit the country - Tourism
Spain seeds third most visited country in the world during all these years, after France snd US. hosting more than 75 million people annually. - Agriculture
Spain produces vegetables and nuts and fruits as one of the biggest exporters in the world, reaching 30 Billion USD in 2017 - Industries
obviously Spain still faces threats and weaknesses in its economy, mainly:
- High levels of private and public debt
- Duality of labour market
- high level of structural unemployment
- unity of the country threatened by separatist movement in Catalonia
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Great post! You've earned a 25.00% upvote from @dolphinbot
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hello; good to read this. however, when I see the title first, I was expecting to read some details regarding the strategic direction used by Spain government to escape from economic Recession. please let me read some more on your next post. Have a nice weekend.
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thank you for reading, I will try to post detailed info in another post. 🙇♂️🍀
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