lunedì 24 marzo 2014

Spain has a nominal GDP of 1502.6 billion in 2012, which is really high but also to expect by a developed country like Spain. The GDP has been rising throughout the years however 2008 was the highest GDP with 1510.5 billion and it was caused by really high Consumptions, Investments, Government Expenditure and low exports and imports. The Consumption in 2012 is at its highest with 878.5 billion and a percentage of 59.3%, which is also really high but again to be expected in a developed country such as Spain. The Investment is at a percentage of 19.19% and also at its lowest throughout the years at 284.2 billion, while in 2007 it was at 443.7 billion so it decreased significantly. The Government Expenditure is at a percentage of 19.83% which is close the Investment percentage and in 2012 the G is at 298.9 billion which continues to lower since 2009. The Imports in 2012 is at 990.0e which is at its lowest compared to all the previous years and the exports was calculated to be at 1.68.
The household consumption is at its highest with 891.4 which means there is more money than usual and it also means that Spain has recovered really well from the crisis in 2009 increasing by more than 30. In investment compared to 2009 it has decreased by a fair amount (more than 50) so it has not yet recovered from the crisis, and also in Government expenditure it has decreased from 313.4 to 298.9 so here also it did not recover from the 2009 crisis. Income instead in 2012 has never been lower and it has been gradually decreasing since 2009.


1 commento:

  1. Spain has a very high GDP, but as tommy says you would expect a high GDP from a developed country like spain, unexpectedly in 2008 Spain had the highest GDP in the last 4 years. This is very strange because in 2008 the crisis had bursted out and is in fact reflected in other European countries such as mine, perhaps it hadn't reached Spain just yet but is most certainly had devastating effects on the country as it can be seen now. The crisi however has had its effects on Spain's investment as it all-time low was in 2008 and it dropped by 160 billion approximately, this indicates that Spain literally had less money to invest and had to re allocate it to avoid the crisis that was approaching from the United States.

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