Economic Data: Spain

Economic Data: Spain

Exports as a % of GDP (2016) [Leakage]

33.3%

General government spending as a % of GDP (2016) [Injection]

44.2%

Net investment in non-financial assets as a % of GDP (2016) [Injection]

0.62%

Tax revenue as a % of GDP (2016) [Leakage]

33.2%

The savings rate as a % of GDP (2016) [Leakage]

5.2%

Imports as a % of GDP (2016) [Injection]

30%

Based on these figures, which were greater, injections or leakages in the economy?

The largest injection / leakage is general government spending, as an injection at 41% of GDP. Exports
and imports lean 4.3% towards leakages, with a higher percentage of exports. Overall, injections are at 71.62%,
nearly equivalent, but slightly lower than leakages at 71.9%.

Figure 1: Spain's GDP growth over the past 20 years

Based on the graph, which part of the business cycle does you country appear to be in?

Spain appears to be approaching the middle/end of a boom cycle, likely to be completed in the next few years
(based on historical data). The still lie within the expansion phase, but if GDP growth levels off, they will enter
the contraction phase.  

Works Cited

“Spain” OECD, Organization for Economic Co-Operation and Development, data.oecd.org/spain.htm.
“Spain” The World Bank | Data, The World Bank Group, data.worldbank.org/country/spain.