Spanish Business Cycle
Dating Committee
Spanish Economic Association

Spain Business Cycle Expansions and Contractions

Contractions (recessions) start at the peak of a business cycle and end at the trough
Peak Valley Length of recession Length of Expansion Explanation
1974Q4 1975Q2 3 Quarters 12 Quarters The Oil recessions
1978Q3 1979Q2 4 Quarters 50 Quarters
1992Q1 1993Q3 7 Quarters 58 Quarters The European crisis
2008Q2 2009Q4 7 Quarters 3 Quarters The double recession
2010Q4 2013Q2 11 Quarters -

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Download quarterly dating since 2005

The main features of the chronology of the Spanish Business cycle dating committee

The committee confirms that the double recession ended in 2013Q2

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