Spain | Balance of payments continued to show financing capacity until May
Published on Friday, July 29, 2016 | Updated on Monday, August 1, 2016
Spain | Balance of payments continued to show financing capacity until May
Summary
The balance of payment registered a surplus of 4.267 millions of euros in May, which, on the positive side, was explained by tourism and the lower energetic deficit. The financing account registered a net capital outflow of 35.273 millions of euros after excluding the Bank of Spain. This occurred due to a rise in outward investmentand a fall of the investment going in.
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Authors
Matías Pacce
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