GDP


Spain employment

Spain’s Hotel And Restaurant Sector’s GDP Will Fall By Up To 20%

Funcas | The sectors most directly affected by the shutdown – retail, hotel accommodation, restaurants, cultural and sporting activities and personal services – account for 15% of GDP alone. And they also have a ‘snowball effect’ on the rest of the sectors equivalent to 6% of GDP, according to our forecasts’ update for 2020 and 2021.


Spain's government

What If There Is A V-Shaped Recovery?

A glimmer of hope in the macro scenario managed by Banco Santander’s Research team. Compared to more somber estimates such as those from the Bank of Spain or BBVA Research, the experts at Santander Corporate & Investment do believe in a V-shaped recovery.Banco Santander’s base scenario envisages a 5.2% fall in Spanish GDP this year compared with 8.3% growth in 2021.


eurozone quarantine

A Two-Month Quarantine Can Mean A Recession Of -3.6% In The Eurozone’s Annual GDP

Unigestion | The current shock that the investment world is facing has three unique features: it is exogenous, it will likely be temporary, and its effect on the real economy is extremely uncertain. According to our core scenario, 2020 should see the first global recession since the Great Financial Crisis. This scenario assumes that the quarantine will have a limited impact on financial services, insurance, utilities and healthcare services, and leaves 20% of usual energy consumption.


3. Public debt

The Coronavirus Crisis Could Cost Spain Between 3.9% And 10% Of GDP

The coronavirus crisis could cost Spain 3.9% of GDP, in a mild scenario. But if the current containment and crisis measures are extended for three months, GDP could fall by up to 6 percentage points. And if they continue until summer, by almost 10. This is one of the conclusions of the report presented yesterday by Nuno Fernandes, Professor of Finance at IESE Business School.


The Spanish economy in 2020: things are not looking so bad

The Spanish Economy In 2020: Things Are Not Looking So Bad

Oriol Carreras and Eduard Llorens i Jimeno (CaixaBank Research) | All the indicators suggest that next year will be defined by the same key elements. As we can see in the first chart, to the extent that global growth, and that of the euro area in particular, remains contained, we do not expect to see a significant surge in exports. Therefore, the foreign sector will continue to provide very modest contributions to growth. Moreover, the global environment will remain a source of risk.


spain torito

Spanish GDP grows 0.4%, slowest in three years

The Spanish economy grew 0.4% in the second quarter, one tenth less than in the previous quarter and also a tenth less than advanced at the end of July. It is the lowest rate of quarterly growth in three years, according to the National Accounts published this Monday by the National Institute for Statistics (INE).


spanish GDP

Spanish GDP slows more than expected

Bankia Estudios | Spanish GDP slows more than expected. The provisional GDP data for Q219 has disappointed, by registering a quarterly growth of 0.5%, one tenth below our forecast and the Bank of Spain´s estimate.


During the first quarter, growth was robust in the US and in Spain

Expectations for Spanish GDP growth in 2019 rise to 2.3%

BBVA Research | The recovery of the Spanish economy will continue during the two years 2019-2020. In fact, and despite the risks which still hang over the scenario, growth expectations have been revised upwards one tenth to 2.3% for 2019 and remain at 1.9% for 2020.


How much are Spaniards going to spend next year?

Lower consumer growth weighs on Spanish GDP growth in Q119

Bankinter | Three pieces of positive macro data on the Spanish economy:  GDP grew in the first quarter of 2019 by +2.4% yoy compared to the +2.3% expected and +2.3% in the previous quarter. In inter-quarterly rate accelerated unexpectedly to +0.7% from +0.6% in Q42018. Both are double that of the Eurozone and the 28.