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    BBVA ResearchForecasts

    Forecasts

    In this section, you will find forecasts by year from our economic analyses. Select the geography for which you wish to see data, or select data for "Commodities".

    Forecasts

    In this section, you will find forecasts by year from our economic analyses. Select the geography for which you wish to see data, or select data for "Commodities".

    • Eurozone
    • Mexico
    • Spain
    • Türkiye
    • Argentina
    • Colombia
    • China
    • Peru
    • Uruguay
    • USA
    • Commodities

    Eurozone

    • Eurozone

    • Mexico

    • Spain

    • Türkiye

    • Argentina

    • Colombia

    • China

    • Peru

    • Uruguay

    • USA

    • Commodities

    GDP (YoY, %)
    Inflation (%, eop)
    Inflation (%, avg)
    ECB interest rate (%, eop)
    ECB interest rate (%, avg)
    10y Bund yield (%, eop)
    10y Bund yield (%, avg)
    USD/EUR (level, eop)
    USD/EUR (level, avg)
    20222023202420252026FORECAST
    FORECASTBALANCE OF RISKFORECASTBALANCE OF RISKFORECASTBALANCE OF RISKDATE
    GDP (YoY, %)3.600.500.80Neutral1.00Neutral1.10Neutralnov 24, 2024
    Inflation (%, eop)9.202.902.60Neutral1.80Neutral1.80Neutralnov 24, 2024
    Inflation (%, avg)8.405.402.40Neutral2.00Neutral1.80Neutralnov 24, 2024
    ECB interest rate (%, eop)2.004.003.00Neutral2.00To the downside2.00Neutralnov 24, 2024
    ECB interest rate (%, avg)0.233.403.69Neutral2.21To the downside2.00Neutralnov 24, 2024
    10y Bund yield (%, eop)2.132.112.35To the downside2.25Neutral2.40Neutralnov 24, 2024
    10y Bund yield (%, avg)1.192.462.36To the downside2.23Neutral2.33Neutralnov 24, 2024
    USD/EUR (level, eop)1.061.091.06Neutral1.06Neutral1.11Neutralnov 24, 2024
    USD/EUR (level, avg)1.051.081.08Neutral1.05Neutral1.08Neutralnov 24, 2024