Published on Monday, March 30, 2015 | Updated on Monday, March 30, 2015
Spain | Higher investment reduced the economy's lending capacity in 2014
Summary
The Spanish economy's lending capacity fell to 1.0% of GDP in 2014, resulting from the investment rate increase. The saving rate decreased slightly due to a higher growth of comsumption which offset the increase of gross disponsable income. Households and firms reduced their lending capacity while government and financial institutions improved their balance sheet from 2014
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- Spain
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- Macroeconomic Analysis
Tags
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- Financing capacity
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Authors
BR
BBVA Research
BBVA Research
VP
Virginia Pou
BBVA Research - Senior Economist
FL
Félix Lores
BBVA Research - Principal Economist