Portugal
% potential GDP% potential GDP % potential GDP% potential GDP
Figure 5.2 (continued)

output gap
- - OECD--AMECO — HP

cyclically adjusted net lending
- - OECD--AMECO — HP


cyclically adjusted net lending
- - OECD--AMECO — HP


cyclically adjusted structural revenues
- - OECD--AMECO -Hp
Spain

1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004
cyclically adjusted structural expenditures
- -OECD--AMECO -Hp

cyclically adjusted structural revenues
- - OECD--AMECO —Hp
125
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