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In 2025, the Galician economy could report a 6.4% increase in GDP per capita when compared with 2019, the largest advance within Spain. This brings the autonomous region one step closer to converge with the country as a whole.
Base on the National Financial Health Survey (Ensafi) 2023, presented in June 2024, this press article mentions some advantages of having financial inclusion metrics at the household level (inquiring whether any member has any financial product or service).
By the end of 2024, the public deficit is expected to finish at levels similar to those of 2019. However, this apparent similarity hides profound differences in the composition of revenues and expenses.
In the 2024-I quarter, on average, the population in labor poverty was able to cover only 42.3% of the food basket with their labor income. In Baja California, Guerrero and Oaxaca, people in labor poverty can purchase less than 1/3 of the food …
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 …
The last two years in Latin America have been marked by differences in macroeconomic policy strategies. Chile and Peru have made significant interest rate reductions as their inflation has allowed. Meanwhile, Colombia and Mexico are more reluctant to implement significant reductions in their rates.
Spain has managed to stay out of the Excessive Deficit Procedure and has no significant economic imbalances, according to the recent European Semester assessment. However, the Commission still identifies important challenges regarding fiscal consolidation and improving future economic performance for sustained growth.
This note contains some relevant characteristics and results of the recently published National Survey on Financial Health (Ensafi) 2023, carried out to understand all the aspects that can define the state of financial health of adults in Mexic…
The recent increase in inflation, not seen in decades, has shown our aversion to the constant escalation of prices. Although inflation has already fallen, it is expected to stay above 3%, and around 2.5% in 2025, affected by the performance of …
This presentation, delivered on the 10th anniversary of the BBVA Pension Institute in Portugal, analyzes the economic forecasts for Portugal and Spain, and the challenge of long-term aging of their population, as one of the challenges facing pu…
Despite higher recent GDP growth, the productivity of the Spanish economy has been falling behind that of the EU, making convergence in per capita income difficult. The projections of the Ageing Report 2024 do not foresee any improvement in the outlook.
The intensity of political events, in a year plagued by key elections in many regions of the world, as well as two ongoing armed conflicts, contrast with the resilience of the global economy.
