Spain | 2024 Regional GDP December 16, 2025 The INE's updated regional GDP estimates for 2024 do not introduce significant changes to the growth hierarchy, which, as noted in September, was led by Murcia and the island regions.
Mexico Economic Outlook. December 2025 December 9, 2025 GDP fell 0.3% QoQ in 3Q25, reflecting the persistent weakening of domestic demand, with less dynamism in private consumption, a slowdown in the real wage bill and sharp declines in gross fixed investment —affected by legal uncertainty, external volatility and the fiscal consolidation.
Brazil Economic Outlook. December 2025 December 9, 2025 Growth and inflation have slowed under tighter monetary conditions, a weaker fiscal impulse, and a challenging global backdrop, supporting expectations of an imminent easing cycle. GDP is set to grow 2.2% in 2025 and 1.7% in 2026, with inflation likely ending this year at 4.4% and next year at 3.8%.
Peru Economic Outlook. December 2025 December 4, 2025 The economy continues to perform well. Domestic demand accelerated in the third quarter, driven by private spending. This positive momentum and pension funds withdrawals point to output growth reaching 3,3 % in 2025. A slight moderation is expected in 2026 amid electoral uncertainty, GDP growth easing to 3,1 %.
Colombia Economic Outlook. December 2025 December 3, 2025 Between 2025 and 2027, GDP will be driven by domestic demand: resilient household consumption, supportive public spending and investment boosted by a healthier construction sector. Persistently high inflation, cautious monetary policy and a wide fiscal deficit weigh on the outlook.
Spain Economic Outlook. December 2025 December 3, 2025 GDP growth will reach 2.9% in 2025 (0.1 pp less than forecast in October), while in 2026 and 2027 the expansion is expected to continue with increases of 2.4% (0.1 pp more than in October) and 2.0%, respectively. The outlook is positive, although significant structural challenges persist.
China Economic Outlook, December 2025 December 2, 2025 Domestic headwinds including housing market crash, overcapacity, weak sentiments take the place of tariff war to be the dominant factors for China’s growth slowdown.
Türkiye Economic Outlook. November 2025 November 28, 2025 The global economy remains unstable but is faring better than expected. In Türkiye, we maintain our baseline with somewhat a restrictive policy mix in the short term; yet with a balance of risks evolving to a stickier inflation trend due to the prolonged process with more muted gains on expectations.
Colombia | Automotive Situation November 20, 2025 In 2025, the automotive sector is accelerating its sales momentum, with strong growth in utility vehicles and in hybrid and electric models. Greater household purchasing power and a more appreciated exchange rate, among other supportive factors, sustain this trend and will keep driving sales in 2025 and 2026.
Argentina | Mining Outlook 2025 November 12, 2025 Argentina holds world-class mining potential. The development of lithium and copper, combined with the Large Investment Incentive Regime (RIGI), could increase production and multiply exports by five by 2032, consolidating the country's role in the global energy transition.
Mexico | Banking outlook. November 2025. November 12, 2025 Financing in Mexico has been characterized by three main trends: i) the increase in resources allocated to companies; ii) the fade out of the accounting effect of the exchange rate on the balances of loan and deposit portfolios; and iii) the strengthening of retirement funds as the main source of domestic savings.
Spain | Consumption Outlook. November 2025 November 11, 2025 Private consumption is set to grow by 3.3% in 2025, two-tenths higher than in 2024, and by 2.5% in 2026, driven by expected increases in household disposable income and wealth. Durable goods and services will continue to lead the expansion in spending.
Latam | Remittances to Argentina, Peru and Colombia December 17, 2025 Remittances are a key source of foreign currency in Latin American countries, although tighter migration policies in the United States will moderate their growth and their share of GDP. The effects will be limited in Argentina and more noticeable in Colombia and Peru, with a more gradual expansion path.
Big Data techniques used Global | BBVA Research Big Data Geopolitics Monitor. 17 December 2025 December 17, 2025 Germany Set to Approve €50 Bn in Military Procurement Amid Rising Russia Threat. US Announces Blockade on Venezuelan Oil Tankers, Elevating Geopolitical Tension
Mexico | Banxico to deliver one last rate cut before moving to the sidelines December 17, 2025 At this stage, the Board will likely refocus on the risks associated with the persistence of core inflation—particularly in services—and on the temporary inflation shock expected in early 2026, despite the significant weakness of the economy and the strength of the MXN.
Türkiye | Banking Sector Outlook December 2025 December 16, 2025 Banks’ operating environment started to improve after September with extending margins. On the other hand, the disinflation strategy of the monetary policy continues to be supported by macro-prudential measures, which we expect to be maintained to a large extent in 2026.
Spain | 2024 Regional GDP December 16, 2025 The INE's updated regional GDP estimates for 2024 do not introduce significant changes to the growth hierarchy, which, as noted in September, was led by Murcia and the island regions.
