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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 5, 2024

Mexico | Pemex contributes to a public spending above budget

The Historical Balance of Public Sector Borrowing Requirements (HBPSBR) was 49.3% of GDP at the end of the third quarter. We anticipate that this balance will be 50.8% by year-end.

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.

October 17, 2024

Mexico Real Estate Outlook. Second Semester 2024

The accumulated Construction GDP grows 10.1% in the second quarter of 2024, with increases in all subsectors. In a change of trend, the mortgage market is now increasing 2.2% in real amount and is set to continue advancing

October 15, 2024

Spain Economic Outlook. October 2024

GDP growth forecasts have been revised upwards by 0.4 percentage points for 2024 to reach 2.9%, and by 0.3 pp for 2025 to reach 2.4%. This is due to statistical revisions of historical data, recent developments more favorable than expected, and improved estimates of external and internal demand contributions.

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Our most recent publications

November 13, 2024

Global | BBVA Research Big Data Geopolitics Monitor. November 13, 2024

Donald Trump is actively assembling the new administration after his victory. ECB has expressed concerns regarding newly prosposed trade tariffs.

November 13, 2024

Peru | Tracking consumption and investment with real-time data in October 2024

The Big Data Consumption Index accelerated in October, in a context of pension fund withdrawals that culminated in that month and a strong labor market. Meanwhile, the Big Data Investment Index (private and public) continued to decline in the same period.

November 12, 2024

Mexico | Banxico is set to keep cutting rates amid cooling core services inflation

Banxico is likely set to cut the policy rate by 25 bps this week in a backdrop of easing core services inflation, which is starting to turn a corner amid a challenging context for economic activity.

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.

See more

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