Economic growth

Economic growth latest publications

July 17, 2019

Spain Economic Outlook. Third quarter 2019

The growth of the Spanish economy is slightly revised upwards to 2.3% in 2019, due to the positive surprises recorded until June, and remains at 1.9% for 2020. The expansion is expected to continue supported by a gradual recovery of the global environment and a more expansionary monetary policy

June 18, 2019

Spain | No signs of slowdown for the moment

GDP growth could be between 0.6% and 0.7% t/t in 2Q19, which, if confirmed, would introduce an upward bias on BBVA Research's growth forecast for 2019 (2.2% a/a). Domestic spending continues to lead economic activity, although exports could have regained some traction

May 31, 2019

Colombia | The economy in its gradual recovery process

Last week they published data on the growth of the Colombian economy in the first quarter of the year and the large figures show a gradual and orderly recovery as expected. Within the recovery highlights positively the progress in investment in machinery and equipment and civil works.

May 30, 2019

Spain Regional Watch. Second quarter 2019

The Communities of the Centre are improving; the delay in exports conditions the north of Spain and consumption is resisting the slowdown in the east

May 21, 2019

Uruguay Economic Outlook. First half 2019

Uruguay is focused on elections, with necessary structural reforms taking a back seat.

May 20, 2019

Spain | GDP growth remains solid in 2Q19, despite uncertainty.

The growth of the Spanish economy may stand between 0.6% and 0.8% QoQ during 2Q19, which would introduce an upward bias on BBVA Research's forecast for 2019 (2.2%). Domestic spending leads the advance of activity and uncertainty over external demand remains high.

April 30, 2019

Spain | GDP growth climbed 0.7% in 1Q, in line with expectations

The Spanish economy grew by 0.7% QoQ (2.4% YoY) in 1Q19. According to INE (Instituto Nacional de Estadística — Spanish National Statistics Institute), domestic demand accounted for much of this growth (0.5 pp QoQ/2.2 pp YoY) thanks to the stability of consumption and the recovery of investment. External demand also grew (0.…

April 30, 2019

Spain | Regional GDP growth in 2018

BBVA Research's scenario is confirmed: GDP growth has moved toward the peninsular center and weakened in Levante. However, recovery across much of northern Spain has been slowed due to the weakness of the industrial sector. GDP growth exceeded the 2.6% national average in only five of Spain's autonomous regions: Madrid, Can…