Spain | Higher investment reduced the economy's lending capacity in 2014
Published on Monday, March 30, 2015 | Updated on Monday, March 30, 2015
Spain | Higher investment reduced the economy's lending capacity in 2014
Summary
The Spanish economy's lending capacity fell to 1.0% of GDP in 2014, resulting from the investment rate increase. The saving rate decreased slightly due to a higher growth of comsumption which offset the increase of gross disponsable income. Households and firms reduced their lending capacity while government and financial institutions improved their balance sheet from 2014
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Financing capacity
Authors
BBVA Research
BBVA Research
Virginia Pou
BBVA Research - Senior Economist
Félix Lores
BBVA Research - Principal Economist