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Annual Report

The Annual Report of the Banco de España reviews the performance of the Spanish economy from a global perspective.

It describes, as a backdrop to the domestic situation, the performance of the international economy and analyses developments in the Spanish economy, with special emphasis on monetary and fiscal policy and economic and financial flows.

From 2011 the English edition of the Annual Report comprises Chapters 1 and 2, the boxes published in the remaining chapters of the Spanish edition and the Annual Accounts of the Banco de España.

Readers interested in other chapters are referred to the original Spanish edition, available in the Spanish section of this website.

Annual Report 1998

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