Labour market Spain International tourist arrivals Spain Private sector financing Spain Manufacturing PMIs US-Eurozone Global trade World labour productivity growth

1. Economy…
at a glance
April 2024
Private sector financing Spain (Bank of Spain)
Feb. 24
International tourist arrivals Spain (INE)
+15.6%
Jan.- Feb.24
y-o-y
Millions of tourists accumulated in Jan-Feb. of each year
9,777,481
By regions
Mar. 24
20,901,967
y-o-y
(+0.9% monthly)
+2.6%
Average affiliates *
2,727,003
y-o-y
(-1.2% monthly)
-4.7%
Unemployed
* Original series
% y-o-y affiliated change March of each year
Employment creation
Labour market Spain (M. Incl., Soc. Sec. and Migr. / M. Labour and Soc. Ec.)
-1.3%
y-o-y
Companies
-1.5%
y-o-y
Households
% y-o-y change
€ 919,954 M
€ 677,961 M
18.1%
of total
Main origin
UK
3.3
2.8
3.5 3.3
2.9
-0.2
-0.5
4.8
2.7
2.6
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Average 2015-19
+3.2%
Affiliates by regimes
7.2
8.0 8.3 8.6 8.6
0.7
5.7
8.5
9.8
2016
2017
2018
2019
2020
2021
2022
2023
2024
-1.3
-1.5
-4
-3
-2
-1
0
1
2
3
Feb-22
Apr-22
Jun-22
Aug-22
Oct-22
Dec-22
Feb-23
Apr-23
Jun-23
Aug-23
Oct-23
Dec-23
Feb-24
Companies
Households

2. Economy… at a glance, a publication of the “Círculo de Empresarios” produced by its Department of Economy, contains information and opinion from reliable sources. However, the “Círculo de
Empresarios” does not guarantee its accuracy and does not take responsibility for any errors or omissions. This document is merely informative. As a result, the “Círculo de Empresarios” is not responsible
for any uses that may be made of the publication. The opinions and estimates of the Department can be modified without prior warning.
Manufacturing PMIs US-Eurozone (Investing)
Mar. 24 Value ≥ 50: expansion of economic activity; < 50 = contraction
r/Mar. 23
+2.7
51.9 points
US
r/Mar. 23
-1.2
46.1 points
Eurozone
Main European economies
Value ≥ 50: expansion of economic activity;
< 50 = contraction
Annual growth in trade in goods. Major economies
% change
Global trade (UNCTAD)
2023*
y-o-y
-3.0%
Goods
y-o-y
-5.0%
Services
y-o-y
+8.0%
$ 31 tr
* Preliminary figures
% quarterly global trade value change
World labour productivity growth (McKinsey)
1997-2022
+2.3%
global average
compound annual
growth
% compound annual growth rate (CAGR)
50%
of growth
India and China
Global average
CAGR
2.3%
China and India
Other emerging economies
Advanced economies
Contribution to growth
%, weighted by GDP
37
11
4
6
8
6
13
4
1
7
3
51.9
46.1
42
44
46
48
50
52
54
56
58
60
62
64
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
Jun-23
Sep-23
Dec-23
Mar-24
US Eurozone
Mar.21 – Mar. 24
-4%
-3%
-2%
-1%
0%
1%
2%
3%
4%
5%
6%
Q1
22
Q2
22
Q3
22
Q4
22
Q1
23
Q2
23
Q3
23
Q4
23*
Q1
24*
Services
Goods
** Estimates