OECD Economic Outlook, Volume 2019 Issue 2
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a series of focus notes on selected macroeconomic and structural issues, and a chapter summarising developments and providing projections for each individual country.
Spain
The moderation in economic growth in 2019 is projected to continue in 2020 and 2021. Domestic demand will remain the main driver of growth, albeit at a slower pace than in recent years, with moderating employment growth weighing on consumption and heightened uncertainty hindering investment. Lower export market growth will be a drag on exports. Inflation will remain subdued, with continued slack in the economy.
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