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March 6, 2024
GDP growth in Spain for 2024 is revised upwards from 1.5 % to 2.1 %. In 2025, the advance would be reduced by 0.5 pp with respect to the previous scenario, to 2.0 %. The need to initiate the adjustment in public accounts and the greater weakness expected in the Eurozone economy explain the deterioration in the outlook.
November 30, 2023
Spain's GDP growth forecast is maintained for 2023 (2.4%), revised downwards to 1.5% in 2024 and is expected to accelerate in 2025 (2.5%). The growth bias is negative due to the geopolitical context and uncertainty in EMU activity and economic policy measures.
February 18, 2021
Timid and less timely countercyclical policies, structural lags and problems of uncertainty for investment are behind the greater decline and the prospects for a slower recovery expected for Mexico.
July 3, 2020
This report analyzes the ways to finance this round of fiscal stimulus package and responds to the recent debate of fiscal deficit monetization. The report also makes policy suggestions to maintain Chinese public debt level and financial stability in the long term.
May 22, 2020
The economic crisis that has accompanied the COVID-19 is markedly different from others that have come before. This has made it difficult to make forecasts, with at least three sources of uncertainty: how much activity is falling, how will economic agents react and how efficient will economic policies be implemented.
February 10, 2020
An analysis of economic variables and through Big Data is made to quantify the effects of sargassum in the tourist activity of Quintana Roo in 2019. The results do not find solid evidence in this regard, either because it was not a relevant factor or by the success of mitigation actions.
October 16, 2019
It has become fairly commonplace to talk about the high uncertainty of the global economic scenario, about growth prospects that, whatever they may be, are generally being revised downward or at risk of default biased in that direction.
May 13, 2019
At BBVA Research we estimate that a tariff increase to 25% could bring Chinese GDP down 0.5 pp from our base scenario, in which China grows by around 6% in 2019. The impact on the other two trading blocks will be less severe, around 0.2 pp in the United States and 0.1 pp in the eurozone.
