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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BBVA Research BBVA Research
Virginia Pou BBVA Research - Senior Economist
Félix Lores BBVA Research - Principal Economist

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Spanish - March 30, 2015

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