The Spanish economy exited recession in the third quarter of 2013 with the gross domestic product expanding 0.1 percent sequentially, final data from the statistical office Ine revealed Thursday.
This follows a 0.1 percent contraction in the second quarter and a 0.4 percent fall in the first quarter.
On an annual basis, the economy remained in negative territory. The GDP fell 1.1 percent year-on-year in the third quarter. This was revised from a 1.2 percent contraction reported initially. In the second quarter, GDP was down 1.6 percent.
Compared with the previous quarter, private consumption grew 0.4 percent and government spending rose 0.1 percent. Gross fixed capital formation increased 0.2 percent quarter-on-quarter. Exports and imports increased 2.2 percent and 2.8 percent respectively.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.