Spain | Further softening of the economy's financing capacity
Published on Thursday, January 8, 2015 | Updated on Thursday, January 8, 2015
Spain | Further softening of the economy's financing capacity
Summary
The Spanish economy's lending capacity declined to 0.6% of GDP, on an annual aggregate basis, in the third quarter of the year. This was the result of a contraction in the savings rate and a small growth in the investment, similar to the previous quarter dynamics. By agents, only the government improved its balance sheet from the previous quarter.
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- Spain
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- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
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