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November 15, 2024

Global | NGFS Phase V: less orderly transitions and greater chronic physical climate risks

The new release includes significant updates mainly focused on the chronic physical risk assessment, driven by a new damage function aligned with the latest research, resulting in greater projected output losses.

November 12, 2024

Türkiye | The impact of climate change on tourism demand in Türkiye

Tourism activities are highly dependent on weather conditions, and hence, vulnerable to the impact of climate change. Our analysis of Turkish tourism demand within the context of climate conditions points to possible changes in seasonality and quantity of tourism flows across provinces, depending on their tourism type.

November 5, 2024

Türkiye | Quarterly Debt Report. Third quarter 2024

The overall total FX position of the economy worsened in the third quarter of the year. Public sector’s short position declined whereas private sector’s long position deteriorated somewhat.

November 4, 2024

Mexico | Regional Sectoral Outlook. Second Half 2024

The Mexican economy will grow at an annual rate of 1.2% by the end of 2024. Construction will close with a GDP growth of 10.1%, accumulated to the 2Q24, and will sustain the weak growth of the Mexican economy in 2024.

October 28, 2024

Spain | Consumption Outlook. October 2024

Private consumption growth will exceed 2023 levels (1.8%) in both 2024 (2.5%) and 2025 (2.1%), driven by positive underlying fundamentals.

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Our most recent publications

November 27, 2024

Global | BBVA Research Big Data Geopolitics Monitor. November 27, 2024

Israel and Hizbullah agree on a ceasefire. Trump appoints Bessent US Secretary of the Treasury. Mexican President threatens to retaliate on tariffs.

November 26, 2024

Mexico | Lower surplus reflects higher economic dynamism in 3Q24

The current account surplus in the third quarter of 2024 was lower than the corresponding figure for the same period of 2023 mainly due to the deficit in the balance on non-oil related goods.

November 25, 2024

Big Data techniques used

Spain | The impact of the DANA (isolated high-level depression) in real time with Big Data

Observing the performance of the economy in real time and at high granularity is vital to quickly measure the economic impact of an exceptional event such as the recent DANA that has left a lasting impact in our country, especially in Valencia.

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