Published on Monday, March 18, 2019 | Updated on Tuesday, March 19, 2019
The quest for balance in the Spanish pension system
Summary
The diagnosis of the system's current problems is well known. Since the start of the 2008 financial crisis, pension spending has increased by 4% on average annually, whilst earnings have stagnated—or even decreased—as a result of a 17% fall in employment.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Pension
- Regional Analysis Spain
Tags
- Tags
- CPI
- OECD
- Toledo pact
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Authors
RD
Rafael Doménech
BBVA Research - Head of Economic Analysis