Market Intelligence Reports

Quarterly Global Market Report Q4 2020

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72 November, 2020 Spain Global: 25 Availability: 30 Cost: 13 Regulation: 42 Productivity: 31 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 16 Availability: 20 Cost: 6 Regulation: 29 Productivity: 10 Remote Readiness 14 Remote Readiness 24 Spain has spent $44 billion USD in response to the virus. The key policies of economic support include: • Expansion of the unemployment benefit to include workers not usually be eligible for unemployment support • Allowances for the self employed • Increased sick pay to include people who are self-isolating • Tax relief and suspensions on social security payments for affected industries and self-employed • Industry and sector support https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 EU/Schengen and people from countries on the EU safe list can enter Spain subject to health checks. Travellers from high risk countries will also need to provide a negative Covid-19 test result. A night time curfew is in place. Masks are mandatory in public places. Lockdown rules are also implemented at a local and regional level. 3.5% 4.7% 0% 20% Spain Regional Ave. % of GDP Spain Q4 2019* Q4 2020* % Change YOY Total Workforce 23.09M 22.90M -1% Unemployment Rate (%) 13.9% 16.3% +17% Unemployed Workers 3.2M 3.7M +16% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ Eurostat

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