natgillin/translations-raw huggingface dataset:
Det bør bemærkes , at i henhold til de senest tilgængelige data har Spanien en eksport , der som andel af BNP udgør 30 pct . , mens importen er på 28 pct .
It may also be recalled that , according to the most recent data available , Spain has a ratio of foreign trade to GDP of 30 % for exports and 28 % for imports , and a share of intra-EU trade of 71 % for exports and 66 % for imports .
for importen . hensyn til prisstabilitet .
Long-term interest rate developments Over the reference period from February 1997 to January 1998 long-term interest rates in Spain were 6.3% on average , and thus stood below the reference value for the interest rate criterion of 7.8% set on the basis of the three best-performing Member States in terms of price stability .
Det samme var tilfældet for 1997 som helhed og for 1996 ( se tabel 11 ) .
This was also the case for 1997 as a whole , as well as for 1996 ( see Table 11 ) .
Den gennemsnitlige 12-årige rente har været under referenceværdien siden november 1996 .
Twelvemonth average long-term interest rates have been below the reference value since November 1996 .
Den lange rente har i hovedtræk været faldende siden begyndelsen af 1990'erne ( se figur 7a ) .
Long-term interest rates have been on a broadly declining trend during the 1990s ( see Chart 7a ) .
Samtidigt har man kunnet iagttage en tendens til konvergens mellem den lange rente i Spanien og renterne i de EU-lande , som siden 1990'ernes begyndelse har haft de laveste obligationsrenter .
A broad trend towards the convergence of Spanish long-term interest rates with those prevailing in the EU countries with the lowest bond yields has also been observed for most of the period since the early 1990s .
Siden midten af 1995 er konvergensen accelereret og spændet er nu stort set elimineret ( se figur 7b ) .
Since mid-1995 the process of convergence towards these levels has accelerated , and the differential has now been virtually eliminated ( see Chart 7b ) .
Hovedårsagerne til denne udvikling har været det betydelige fald i inflationsforskellen mellem Spanien og de EU-lande , der har de laveste lange renter .
The main factor underlying this trend was the significant decline in the inflation differential vis - - vis those countries with the lowest long-term bond yields , which has recently approached zero .
Inflationsforskellen har på det seneste nærmet sig nul . Den relative stabilitet i den spanske pesetas valutakurs over for de ovenfor nævnte lande og en forbedring af de offentlige finanser har også bidraget til en indsnævring af spændet .
The relative stability of the Spanish peseta s exchange rate against the currencies of the above-mentioned countries and an improvement in the country s fiscal position also helped to account for the narrowing of the differential .
Disse bagvedliggende tendenser har de finansielle markeder opfattet som forbedrede muligheder for spansk deltagelse i tredje fase af ØMUen - et element som i sig selv kan have medvirket til accelereringen af indsnævringen af rentespændene , både direkte og ved at forbedre udsigterne for pris - og valutakursstabilitet .
These underlying developments were seen by markets as improving the prospects for participation in Stage Three of EMU - an element which may in turn have played an independent role in accelerating the narrowing of yield differentials , both directly and by further improving the prospects for price and exchange rate stability .
Konkluderende sammenfatning I referenceperioden har Spanien opnået en HICP-inflation på 1,8 pct . , hvilket er klart under referenceværdien fastlagt i traktaten .
Concluding summary Over the reference period Spain has achieved a rate of HICP inflation of 1.8% , which is well below the reference value stipulated by the Treaty .
Væksten i enhedslønomkostningerne er dæmpet , og den generelle udvikling mod lav inflation ses også i andre relevante prisindeks .
The increase in unit labour costs was subdued and a general trend towards low rates of inflation was also apparent in terms of other relevant price indices .
Der er kun få tegn på et umiddelbart opadgående pres på inflationen .
Looking ahead , there is little sign of immediate upward pressure on inflation ;
Ifølge prognoser vil inflationen stige til lidt over 2 pct . i 1998 og 1999 .
forecasts project inflation will rise to somewhat above 2 % in 1998 and 1999 .
I referenceperioden har den stort set været stabil og generelt tæt på de uændrede centralkurser , uden at der har været behov Udviklingen i den lange rente I referenceperioden fra februar 1997 til januar 1998 har den lange rente i Spanien i gennemsnit været 6,3 pct .
The Spanish peseta has been participating in the ERM for considerably longer than two years . Over the reference period it remained broadly stable , generally close to its unchanged central parities , without the need for measures to support the exchange rate .
, og var hermed under referenceværdien på 7,8 pct . i henhold til rentekriteriet , som er fastlagt udfra de 3 medlemslande , som har klaret sig bedst med
The level of long-term interest rates was 6.3% , i.e. below the respective reference value .
af BNP i 1997 , dvs . under referenceværdien , og der ventes et yderligere fald til 2,2 pct .
In 1997 Spain achieved a fiscal deficit ratio of 2.6% , i.e. below the reference value , and the outlook is for a further decline to 2.2% in 1998 .
Efter at den kulminerede i 1996 , faldt gældskvotienten med 1,3 procentpoint til 68,8 pct . i 1997 .
After having reached a peak in 1996 , the ratio declined by 1.3 percentage points to stand at 68.8% in 1997 .
Hvad angår holdbarheden af de offentlige finanser , er der udsigt til et fald i gælden til 67,4 pct . af BNP i 1998 .
Regarding the sustainability of fiscal developments , the outlook is for a , decrease in the debt ratio to 67.4% of GDP in 1998 .
Med den aktuelle gældskvotient på knap 70 pct . vil opnåelsen af det skønnede underskud for 1998 og balancerede budgetter derefter reducere gældskvotienten til under 60 pct .
Given the current debt ratio of somewhat below 70 % of GDP , achieving the fiscal balance forecast for 1998 and a balanced budget thereafter would reduce the debt ratio to below 60 % in 2001 .
det primære underskud i stedet holdes på 1998-niveauet i de følgende år , vil gældskvotienten ikke nå ned på 60 pct . før i henholdsvis år 2007 og år 2004 .
Instead , keeping the 1998 overall or primary balances constant in the following years would bring the debt ratio down to 60 % of GDP not before 2007 and 2004 respectively , thus pointing to the need for further substantial progress in consolidation .
Oversigt over tabeller og figurer * SPANIEN I Prisudvikling Tabel 1 Figur 1 Tabel 2 Tabel 3 Spanien : HICP-inflation Spanien : Prisudvikling Spanien : Mål for inflation og relaterede indikatorer Spanien : Seneste inflationstendenser og prognoser ( a ) Seneste tendenser i forbrugerpriserne ( b ) Prognoser for inflationen
List of Tables and Charts * SPAIN I Price developments Table 1 Chart 1 Table 2 Table 3 Spain : HICP inflation Spain : Price developments Spain : Measures of inflation and related indicators Spain : Recent inflation trends and forecasts ( a ) Recent trends in consumer price inflation ( b ) Inflation forecasts
Udviklingen i de offentlige finanser Tabel 4 Figur 2 Spanien : Offentlige finanser Spanien : Offentlig bruttogæld ( a ) Niveau ( b ) Årlige ændringer og underliggende faktorer Spanien : Den offentlige bruttogælds sammensætning Spanien : Offentligt overskud (+) / underskud (-) ( a ) Niveau ( b ) Årlige ændringer og underliggende faktorer Spanien : Offentlige udgifter og indtægter Spanien : Offentlige sektors budgetstilling Spanien : Potentiel fremtidig gældskvotient under alternative antagelser Spanien : Fremskrivning af forsørgerbyrden
Fiscal developments Table 4 Chart 2 Spain : General government financial position Spain : General government gross debt ( a ) Levels ( b ) Annual changes and underlying factors Spain : General government gross debt - structural features Spain : General government surplus (+) / deficit (-) ( a ) Levels ( b ) Annual changes and underlying factors Spain : General government expenditure and receipts Spain : General government budgetary position Spain : Potential future debt ratios under alternative assumptions for fiscal balance ratios Spain : Projections of elderly dependency ratio
Figur 4 Tabel 6 Figur 5 Tabel 7
Chart 4 Table 6 Chart 5 Table 7
III Valutakursudviklingen Tabel 8 Figur 6 Tabel 9 Tabel 10 ( a ) Spanien : Valutakursstabilitet ( b ) Væsentlige indikatorer for valutakursspændinger for spanske pesetas Spanske pesetas : Afvigelser fra de bilaterale centralkurser i ERM Spanske pesetas : Mål for den reale effektive valutakurs over for ERM-medlemslande Spanien : Udvikling i eksterne forhold
III Exchange rate developments Table 8 ( a ) Spain : Exchange rate stability ( b ) Key indicators of exchange rate pressure for the Spanish peseta Chart 6 Spanish peseta : Deviations from ERM bilateral central rates Table 9 Spanish peseta : Measures of the real effective exchange rate vis - - vis ERM Member States Table 10 Spain : External developments
IV Udviklingen i den lange rente Tabel 11 Figur 7 Spanien : Lang rente ( a ) Spanien : Lang rente ( b ) Spanien : Lang rente og forbrugerprisinflation , afvigelse fra EU-lande med laveste lange renter
IV Long-term interest rate developments Table 11 Spain : Long-term interest rates Chart 7 ( a ) Spain : Long-term interest rate ( b ) Spain : Long-term interest rate and CPI inflation differentials against EU countries with lowest long-term interest rates
Spanien : HICP-inflation ( årlige procentvise ændringer )
Table 1 Spain : HICP inflation ( annual percentage changes )
HICP-inflation Referenceværdi Kilde : Europa-Kommissionen . 1996 3,6 2,5
1996 HICP inflation Reference value Source : European Commission .
Nov. 97 1,9 -
Nov 97 1.9 -
Dec. 97 1,9 -
Dec 97 1.9 -
Jan. 98 1,9 - Feb. 97 - jan. 98 1,8 2,7
Jan 98 Feb 97 - Jan 98 1.9 1.8 2.7 3.6 2.5
Spanien : Prisudvikling ( årlige procentvise ændringer ) Forbrugerprisindeks 10 8 6 4 2 0 - 2 1990 Kilde : Nationale data .
Spain : Price developments ( annual percentage changes ) CPI 10 8 6 4 2 0 - 2 1990 Source : National data .
Spanien : Mål for inflation og relaterede indikatorer ( årlige procentvise ændringer , medmindre andet er angivet )
Spain : Measures of inflation and related indicators ( annual percentage changes unless otherwise stated )
1990 Mål for inflation Forbrugerprisindeks ( CPI ) Nettoprisindeks ( b ) Forbrugsdeflator BNP deflator Producentpriser Relaterede indikatorer Vækst i realt BNP Produktionsgab ( procentpoint ) Ledighedsgrad ( pct . ) Enhedslønomkostninger , hele økonomien Løn og arbejdsgiverbidrag pr. besk .
1990 Measures of inflation Consumer price index ( CPI ) CPI excluding changes in net indirect taxes ( b ) Private consumption deflator GDP deflator Producer prices Related indicators Real GDP growth Output gap ( p.pt s ) Unemployment rate (%) Unit labour costs , whole economy Compensation per employee , whole economy Labour productivity , whole economy Import price deflator Exchange rate appreciation ( c ) Broad monetary aggregate ( M3H )( d ) Stock prices House prices 6.7 .
1996 1997 ( a ) 3,6 3,4 3,4 3,1 1,7 2,3 - 2,1 22,2 2,9 3,8 0,8 2,4 0,9 7,8 22,1 1,9 2,0 1,7 2,5 2,2 1,3 3,4 - 1,5 20,8 1,9 2,7 0,8 4,1 - 4,5 3,0 52,7 1,3
1996 1997 ( a ) 3.6 3.4 3.4 3.1 1.7 2.3 - 2.1 22.2 2.9 3.8 0.8 2.4 0.9 7.8 22.1 1.9 2.0 1.7 2.5 2.2 1.3 3.4 - 1.5 20.8 1.9 2.7 0.8 4.1 - 4.5 3.0 52.7 1.3
Spanien : Seneste inflationstendenser og prognoser ( årlig procentvis ændring , medmindre andet er angivet ) ( a ) Seneste tendenser i forbrugerpriserne Sep. 97 Nationalt forbrugerprisindeks ( CPI ) Årlig procentvis ændring Ændring i gns .
Spain : Recent inflation trends and forecasts ( annual percentage change unless otherwise stated )
Okt . 97 1,9 2,9 1,8
Oct 97 1.9 2.9 1.8
Nov. 97 2,0 2,8 2,1
Nov 97 2.0 2.8 2.1
Dec. 97 2,0 2,4 2,3
Dec 97 2.0 2.4 2.3
Jan. 98 2,0 2,2 2,4
Jan 98 2.0 2.2 2.4 2.0 2.8 1.6
2,0 2,8 1,6 ( b ) Prognoser for inflationen 1998 Europa-Kommissionen ( forår 1998 ) , HICP OECD ( december 1997 ) , forbrugsdeflator IMF ( october 1997 ) , CPI Kilde : Europa-Kommissionen ( prognose forår 1998 ) , OECD og IMF .
( b ) Inflation forecasts European Commission ( spring 1998 ) , HICP OECD ( December 1997 ) , private consumption deflator IMF ( October 1997 ) , CPI Source : European Commission ( spring 1998 forecasts ) , OECD and IMF . 1998 2.1 2.4 2.2
Spanien : Offentlige finanser ( procent af BNP )
Spain : General government financial position ( as a percentage of GDP )
1996 Offentligt overskud (+) / underskud (-) - 4,6 Referenceværdi - 3 Overskud (+) / underskud (-) , fratrukket offentlige investeringsudgifter ( b ) - 1,7 Offentlig bruttogæld ( c ) 70,1 Referenceværdi 60 Kilde : Europa-Kommissionen ( prognose forår 1998 ) og EMI-beregninger .
General government surplus (+) / deficit (-) Reference value Surplus (+) / deficit (-) , net of public investment expenditure ( b ) General government gross debt Reference value Source : European Commission ( spring 1998 forecasts ) and EMI calculations .
( b ) Et negativt fortegn angiver , at det offentlige underskud er større end investeringsudgifterne .
( b ) A negative sign indicates that the government deficit is higher than investment expenditure . 1996 - 4.6 - 3 - 1.7 70.1 60
Spanien : Offentlig bruttogæld ( procent af BNP )
Spain : General government gross debt ( as a percentage of GDP )
( a ) Niveau 80 70 60 50 40 1990 1991 1992 1993 1994 1995 1996 1997
( a ) Levels 80 70 60 50 40 1990 1991 1992 1993 1994 1995 1996 1997
( b ) Årlige ændringer og underliggende faktorer Primær balance Vækst-rente forskel 15 10 5 0 - 5 1991 1992 1993 1994 1995 1996 1997 Stock-flow-justeringer Samlet ændring
( b ) Annual changes and underlying factors Primary balance 15 10 5 0 - 5 1991 1992 1993 1994 1995 1996 1997 Growth / interest rate differential Stock-flow adjustment Total change
Spanien : Den offentlige bruttogælds sammensætning 1990 44,8 96,6 3,4 94,1 1,0 65,7 32,4 1,9 1991 45,5 96,0 4,0 87,6 1,4 62,8 31,6 5,6 1992 48,0 93,3 6,7 86,5 1,8 60,5 26,4 13,0 1993 60,0 91,5 8,5 72,0 3,0 43,7 34,9 21,5 1994 62,6 90,8 9,2 80,7 3,0 41,7 33,6 24,7 1995 65,5 90,7 9,3 78,4 3,1 42,1 29,6 28,3 1996 1997 70,1 68,8 91,1 8,9 80,0 3,1 41,0 29,7 29,3 90,4 9,6 78,5 3,7 30,6 37,2 32,1 Gæld i alt ( pct .
Spain : General government gross debt str uctural features Total debt ( as a percentage of GDP ) Composition by currency (% of total ) In domestic currency In foreign currencies Domestic ownership (% of total ) Average maturity ( a ) ( years ) Composition by maturity ( b ) (% of total ) Short-term ( c ) ( < 1 year) Medium-term (1-5 years) Long-term (> 5 years ) 1990 44.8 96.6 3.4 94.1 1.0 65.7 32.4 1.9 1991 45.5 96.0 4.0 87.6 1.4 62.8 31.6 5.6 1992 48.0 93.3 6.7 86.5 1.8 60.5 26.4 13.0 1993 60.0 91.5 8.5 72.0 3.0 43.7 34.9 21.5 1994 62.6 90.8 9.2 80.7 3.0 41.7 33.6 24.7 1995 65.5 90.7 9.3 78.4 3.1 42.1 29.6 28.3 1996 1997 70.1 68.8 91.1 8.9 80.0 3.1 41.0 29.7 29.3 90.4 9.6 78.5 3.7 30.6 37.2 32.1
af total ) Kortfristet ( c ) ( < 1 år) Mellemfristet (1-5 år) Langfristet (> 5 år ) Kilde : Nationale data , undtagen gæld i alt ( Europa-Kommissionen ( prognose forår 1998 )) .
Source : National data except for total debt ( European Commission ( spring 1998 forecasts )) .
Kun papirer i egen valuta registreret i det centrale bogføringssystem .
Only those domestic currency securities that are recorded in the centralised book-entry system .
Papirer i egen valuta registreret i det centrale bogføringssystem , papirer i fremmed valuta og overtagen gæld ; tilsammen udgør disse mellem 70 pct .
Domestic currency securities that are recorded in the centralised book-entry system , foreign currency securities and assumed debt ;
( 1992 ) og 81 pct . ( 1997 ) af gæld i alt .
overall , these represent between 70 % ( 1992 ) and 81 % ( 1997 ) of the total debt .
Spanien : Offentligt overskud (+) / underskud (-) ( procent af BNP )
Spain : General government surplus (+) / deficit (-) ( as a percentage of GDP )
( b ) Årlige ændringer og underliggende faktorer Konjunkturafh . faktorer 3 2 1 0 - 1 - 2 - 3 - 4 1991 1992 1993 1994 1995 1996 1997 Konjunkturuafhængige faktorer Samlet ændring
( b ) Annual changes and underlying factors Cyclical factors 3 2 1 0 - 1 - 2 - 3 - 4 1991 1992 1993 1994 1995 1996 1997 Non-cyclical factors Total change
Kilde : Europa-Kommissionen ( prognose forår 1998 ) . Anm .
Source : European Commission ( spring 1998 forecasts ) .
: I figur 3b angiver negative værdier bidrag til en stigning i underskuddet , mens positive værdier angiver bidrag til et fald . 116
Note : In Chart 3b negative values indicate a contribution to an increase in deficits , while positive values indicate a contribution to their reduction .
Spanien : Offentlige udgifter og indtægter ( procent af BNP ) Udgifter i alt 50 45 40 35 1990 1991 1992 1993 1994 1995 1996 1997 Indtægter i alt
Spain : General government expenditure and receipts ( as a percentage of GDP ) Total expenditure 50 45 40 35 1990 1991 1992 1993 1994 1995 1996 1997 Total current receipts
Spanien : Den offentlige sektors budgetstilling ( procent af BNP )
Spain : General government budgetary position ( as a percentage of GDP )
1990 Løbende indtægter i alt 39,6 Skatter 22,6 Sociale bidrag 13,3 Andre løbende indtægter 3,8 Udgifter i alt 43,7 Løbende overførsler 18,3 Faktiske renteudgifter 3,9 Offentligt forbrug 15,5 Kapitaludgifter , netto 6,0 Overskud (+) eller underskud (-) - 4,1 Primær balance - 0,2 Overskud (+) elller underskud (-) , fratrukket offentlige investeringsudgifter ( a ) .
Total current receipts Taxes Social security contributions Other current receipts Total expenditure Current transfers Actual interest payments Public consumption Net capital expenditure Surplus (+) or deficit (-) Primary balance Surplus (+) or deficit (-) , net of public investment expenditure ( a ) 1990 39.6 22.6 13.3 3.8 43.7 18.3 3.9 15.5 6.0 - 4.1 - 0.2 .
Spanien : Potentiel fremtidig gældskvotient under alternative antagelser ( procent af BNP ) Konstant offentlig saldo 70 Konstant primær balance Balanceret budget
Spain : Potential future debt ratios under alternative assumptions for fiscal balance ratios ( as a percentage of GDP ) Constant overall balance 70 Constant primary balance Balanced budget
af BNP , eller en primær balance på 2,1 pct . af BNP , eller alternativt at budgettet balancerer fra og med 1999 .
Note : The three scenarios assume that the debt ratio of 67.4% of GDP for 1998 is as forecast and that the 1998 overall balance of - 2.2% of GDP or the primary balance of 2.1% of GDP will be kept constant over the period considered ( as a percentage of GDP ) , or , alternatively , that a balanced budget is maintained from 1999 onwards .
De underliggende antagelser er en fortsat vækst i realt BNP som i 1998 på 2,9 pct . som skønnet af Kommissionen ;
The underlying assumptions are a real trend GDP growth rate in 1998 of 2.9% as estimated by the Commission ;
Spanien : Fremskrivning af forsørgerbyrden 1990 Forsørgerbyrden ( andel af befolkningen over 64 år i forhold til andelen mellem15 og 64 år ) 19,8 2000 23,5 2010 25,9 2020 2030 30,7 41,0
Spain : Projections of elderly dependency ratio 1990 Elderly dependency ratio ( population aged 65 and over as a proportion of the population aged 15-64 ) 19.8 2000 23.5 2010 25.9 2020 30.7 2030 41.0
( a ) Spanien : Valutakursstabilitet ( 1 , marts 1996 - 27 . februar 1998 )
( a ) Spain : Exchange rate stability ( 1 March 1996 - 27 February 1998 )
Medlemsskab af ERM Medlem siden Devaluering af bilateral centralkurs på landets eget initiativ Maksimal afvigelse opad (+) og nedad (-) fra centralkurserne i ERM-båndet , pct . mod ( a ) belgiske franc danske kroner D-mark franske franc irske pund italienske lire hollandske gylden østrigske schilling protugisiske escudos finske mark
Membership of the Exchange Rate Mechanism ( ERM ) Membership since Devaluation of bilateral central rate on country 's own initiative Maximum upward (+) and downward (-) deviations from central rates in the ERM grid (%) against ( a ) Belgian franc Danish krone Deutsche Mark French franc Irish pound Italian lira Dutch guilder Austrian schilling Portuguese escudo Finnish markka
Ja 19 . juni 1989 Nej
Yes 19 June 1989 No
( b ) Væsentlige indikatorer for valutakursspændingerfor spanske pesetas 3 måneders gennemsnit til ultimo : Valutakursvolatilitet ( a ) Spænd mellemkorte renter ( b ) Maj 96 Aug . 96 Nov. 96 Feb. 97 Maj 97 Aug .
( b ) Key indicators of exchange rate pressure for the Spanish peseta Average of 3 months ending : Exchange rate volatility ( a ) Short-term interest rate differentials ( b ) May 96 Aug 96 Nov 96 Feb 97 May 97 Aug 97 Nov 97 Feb 98 3.7 4.4 2.9 3.8 1.3 3.6 2.2 2.9 1.6 2.3 1.4 2.0 0.8 1.6 0.5 1.1
Spanske pesetas : Afvigelser fra de bilaterale centralkurser i ERM ( daglige observationer ;
Spanish peseta : Deviations from ERM bilateral central rates ( daily data ;
marts 1996 til 27 . januar 1998 ) ESP / BEF 15 10 5 0 - 5 - 10 - 15 2 .
1 March 1996 to 27 February 1998 ) ESP / BEF 15 10 5 0 - 5 - 10 - 15 Q2 1996 ESP / NLG Q3 Q4 Q1 Q2 1997 Q3 Q4 Q1
kv . 1996 3 .
ESP / DKK
kv . 1997 3 .
ESP / DEM
ESP / DKK ESP / DEM ESP / FRF ESP / IEP
ESP / FRF ESP / IEP
ESP / ITL 15 10 5 0 - 5 - 10 - 15 2 .
ESP / ITL 15 10 5 0 - 5 - 10 - 15 Q2
ESP / ATS
ESP / ATS
ESP / PTE
ESP / PTE
ESP / FIM
ESP / FIM
Spanske pesetas : Mål for den reale effektive valutakursover for ERM-medlemslande ( månedlige data ;
Spanish peseta : Measures of the real effective exchange rate vis - - vis ERM Member States ( monthly data ;
Gennemsnit Gennemsnit jan. 87-feb . 98 1987 - 5,1 - 3,8 - 12,1 3,5 2,2 - 12,4
Average Jan 87-Feb 98 - 5.1 - 3.8 - 12.1 Average 1987 3.5 2.2 - 12.4
Spanien : Udvikling i eksterne forhold ( procent af BNP )
Spain : External developments ( as a percentage of GDP )
løbende poster plus ny kapitalpost - 3,4 Nettotilgodehavende i (+) eller gæld til (-) udl . ( c )- 11,6 Eksport ( varer og tjenester ) ( d ) 17,1 20,4 Import ( varer og tjenester ) ( e ) ( b )
Current account plus new capital account ( b ) Net foreign assets (+) or liabilities (-) ( c ) Exports ( goods and services ) ( d ) Imports ( goods and services ) ( e ) 1990 - 3.4 - 11.6 17.1 20.4
1996 1997 ( a ) 1,3 1,4 - 18,0 .
1996 1997 ( a ) 1.3 1.4 - 18.0 .
udgave af IMFs betalingsbalancemanual , hvilket begrebsmæssigt svarer til betalingsbalancens løbende poster i tidligere udgaver af manualen .
( b ) According to the 5th edition of the IMF Balance of Payments Manual , which is conceptually the equivalent of the current acco unt in previous editions of the Manual .
( d ) I 1996 var andelen af vareeksport til EU-lande 71,0 pct . af den samlede vareeksport ;
( d ) In 1996 the share of intra-EU exports of goods in national exports of goods was 71.0% ;
( e ) I 1996 var andelen af vareimport fra EU-lande 66,3 pct . af den samlede vareimport ;
( e ) In 1996 the share of intra-EU imports of goods in national imports of goods was 66.3% ;
Spanien : Lang rente ( procent )
Spain : Long-term interest rates ( percentages )
Lang rente Referenceværdi Kilde : Europa-Kommissionen . 1996 8,7 9,1
1996 Long-term interest rate Reference value Source : European Commission .
Nov 97 6,0 -
Nov 97 6.0 -
Dec 97 5,6 -
Dec 97 5.6 -
Jan 98 5,4 - Feb 97 - jan 98 6,3 7,8
Jan 98 Feb 97 - Jan 98 5.4 6.3 7.8 8.7 9.1
( a ) Spanien : Lang rente ( månedsgennemsnit ;
( a ) Spain : Long-term interest rate ( monthly averages ;
procent ) 16 14 12 10 8 6 4 1990 1991 1992 1993 1994 1995 1996 1997
in percentages ) 16 14 12 10 8 6 4 1990 1991 1992 1993 1994 1995 1996 1997
( b ) Spanien : Lang rente og forbrugerprisinflation , afvigelse fra EU-lande med laveste renter * ( månedsgennemsnit ; procentpoint ) Lang rente 6 Forbrugerprisinflation
( b ) Spain : Long-term interest rate and CPI inflation differentials against EU countries with lowest long-term interest rates * ( monthly averages ;
Kilde : Renter : Europa-Kommissionen ( hvor disse ikke er tilgaengelige er bedst sammenlignelige data anvendt ) ;
CPI inflation differential Source : Interest rates : European Commission ( where these are not available the most comparable data have been used ) ;