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November 14, 2024

Spain | From the cyclical to the structural: Why are exports of goods not advancing?

Sales of goods abroad are 2.4% below the levels of two years ago. In that time, exports of services have increased by 24% and GDP has increased by 5.6%. This divergence is not normal.

July 17, 2024

Spain | Catalonia Economic Outlook. First Half of 2024

Catalonia's GDP could increase by 2.6% in 2024 and 2.1% in 2025, which would allow 192,000 new jobs to be created in the region in the two-year period.

July 2, 2024

Spain | Mediterranean tourism and service exports, a withering support?

In 2024, the Spanish economy presents a heterogeneous outlook, with different autonomous communities showing significant variations in their growth prospects. In this quarter's BBVA Research Regional Economic Outlook report we explore the most relevant economic trends and challenges for this year and next.

May 31, 2024

Spain | Change of production model, at your service

Since the end of 2019 through the first quarter of 2024, the Gross Value Added (GVA) of the services sector has increased by 6.3%, compared to 3.7% for the total economy. In addition, the number of hours worked increased by more than 2%, compared to 0.9% for all sectors.

May 6, 2024

Spain | Are the seams starting to show?

GDP continues to rise sharply. However, the data shows a growth pattern that is unlikely to be sustainable in the long term. Even so, the differential growth that the Spanish economy is showing is something to be celebrated.

February 6, 2024

Spain | Region of Murcia Economic Outlook 2024

Murcia's GDP will grow by 1.6% in 2024 and 2.5% in 2025. This will allow 34 thousand jobs to be created in the two-year period and reduce the unemployment rate to 11.5% in 2025.

January 31, 2024

Spain | Aragon Economic Outlook 2024

Aragon's GDP will grow by 1.8% in 2024 and 2.4% in 2025. This will allow 25 thousand jobs to be created in the two-year period and reduce the unemployment rate to 7.6% in 2025.

December 15, 2023

Colombia | The external deficit was reduced but for the reasons we like the least

In the third quarter, the current account deficit continued to narrow and reached 1.68 billion dollars, representing 1.7% of GDP. Nevertheless, the reasons for this closing are not as good as others: they respond to the process of contraction that domestic demand has undergone so far this year.

December 4, 2023

Europe | Growth in a hostile environment

The eurozone economy has been virtually stagnant for several quarters now, underperforming expectations so far in the year's second half and with no clear signs of recovery on the horizon.