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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)
    2023202420252026FORECAST
    FORECASTBALANCE OF RISKFORECASTBALANCE OF RISKDATE
    GDP (YoY, %)0.500.800.80Neutral1.10Neutralmar 07, 2025
    Inflation (%, eop)2.902.502.00Neutral2.30To the upsidemar 07, 2025
    Inflation (%, avg)5.402.402.20Neutral1.90To the upsidemar 07, 2025
    ECB interest rate (%, eop)4.003.002.00To the upside2.00To the upsidemar 07, 2025
    ECB interest rate (%, avg)3.403.692.21To the upside2.00To the upsidemar 07, 2025
    10y Bund yield (%, eop)2.112.222.40To the upside2.45To the upsidemar 07, 2025
    10y Bund yield (%, avg)2.462.342.43To the upside2.43To the upsidemar 07, 2025
    USD/EUR (level, eop)1.091.051.06To the upside1.11To the upsidemar 07, 2025
    USD/EUR (level, avg)1.081.081.05To the upside1.08To the upsidemar 07, 2025