Not long ago, my previous post on the Spanish economy closed with a question about the missing economic growth. Spain and Portugal are struggling with recession. Several think exports can provide a ray of hope by inducing growth. But this remains uncertain. I provide three tables below in an effort to address this question.
|
1992
|
1995
|
2000
|
2005
|
2010
|
Portugal
|
25
|
27
|
29
|
28
|
31
|
Spain
|
17
|
22
|
29
|
26
|
26
|
Finland
|
26
|
36
|
44
|
42
|
40
|
Austria
|
34
|
35
|
46
|
54
|
54
|
Italy
|
18
|
26
|
27
|
26
|
27
|
Poland
|
22
|
23
|
27
|
37
|
42
|
Czech Republic
|
54
|
51
|
63
|
72
|
79
|
Hungary
|
32
|
45
|
75
|
66
|
87
|
|
1995
|
2000
|
2005
|
2011
|
Spain
|
1,91
|
1,80
|
1,86
|
1,64
|
Portugal
|
0,44
|
0,38
|
0,37
|
0,33
|
Hungary
|
0,25
|
0,44
|
0,61
|
0,63
|
Czech R.
|
0,34
|
0,46
|
0,75
|
0,90
|
Slovak R.
|
0,17
|
0,19
|
0,31
|
0,43
|
Poland
|
0,45
|
0,50
|
0,86
|
1,02
|
France
|
5,90
|
5,13
|
4,47
|
3,34
|
Germany
|
10,21
|
8,64
|
9,36
|
8,26
|
Italy
|
4,58
|
3,77
|
3,60
|
2,93
|
Euro area
|
33,49
|
29,99
|
30,56
|
26,01
|
Portugal
|
2005
|
2011
|
Extra- EU
|
20,0
|
26,1
|
Intra – EU
|
80,0
|
74,5
|
|
|
|
Spain
|
2005
|
2011
|
Extra- EU
|
27,6
|
33,1
|
Intra – EU
|
72,4
|
66,9
|