Statistics

Changes in the tables of the Statistical Bulletin

March

Chapter 15. Non-financial corporations

Tables 15.28 and 15.29, relating to the Indebtedness ratio (Debt/Equity, FSI.1) and the Return on Equity ratio (EBIT / Equity, FSI.2), are calculated by the Central Balance Sheet Data Office in accordance with the 2006 Financial Soundness Indicators Compilation Guide (FSI in its English acronym), of the International Monetary Fund. These ratios are calculated using the business information available in the CBI integrated database, with the formulation proposed by the IMF, which is not the same as that used in the preparation of the rest of the Central Balance Sheet Data Office ratios. Since December 2022, the IMF has published these indicators on its website https://data.imf.org/?sk=51B096FA-2CD2-40C2-8D09-0699CC1764DA using data from the Spanish National Accounts and the Financial Accounts of the Spanish Economy , and with the methodology of the new 2019 guide. The Banco de España will stop publishing tables 15.28 and 15.29 at the time it disseminates the FSIs according to the new guide, which is in process.

Chapter 17. Balance of payments and international investment position

In order to adapt the terminology of Balance of Payments and International Investment Position (BP/IIP) to recent international standards changes, an additional dimension is added at the end of the code, called “type of entity”. This dimension was already present in direct investment series according to the directional principle (tables 17.40, 17.41, 17.42, 17.43, 17.44a, 17.44b and 17.45), and from March, it is going to appear in every series of BP/IIP.

The dimension type of entity can take the value “ALL” (all units) or “RSP” (Special Purpose Entities, SPE).

This change is only going to affect the codification of already published series and does not imply any modification on the available information. In Spain, the breakdown of SPE data is only relevant for direct investment, and as already mentioned, it was already available.

The new coding is going to be implemented in the downloadable files as well as in BIEST series.

Additionally, the composition of the euro area is going to be updated due to the inclusion of Croatia as a new member in 2023 (tables 17.3a, 17.4b, 17.4c, 17.4d, 17.4e, 17.16, 17.22a, 17.23a, 17.23b, 17.27a, 17.44a, 17.44b and 17.45).

The composition of the Organization of the Petroleum Exporting Countries (OPEC) is going to be updated due to the exit of Ecuador (tables 17.3a, 17.4b, 17.16, 17.22a, 17.27a).

Some geographical areas that involve “rests” (like the rest of euro area or the rest of the world) are going to be removed from the presentation of tables 17.3a, 17.4b, 17.4c, 17.4d, 17.4e, 17.16, 17.22a, 17.23a, 17.23b, 17.27a. The corresponding data are still going to be available, the user can obtain them as a difference between the totals and countries or geographical areas displayed in the tables.

February

Chapter 8. Other Monetary Financial Institutions

On December 2022 data, and from January of that year, tables 8.17 and 8.20 include more information on the counterparty sectors for loans and deposits. Thus, column 5 in both tables now contains additional information under the new columns “Other financial intermediaries”, “Financial auxiliaries” and “Captive financial institutions and money lenders”.

This is essentially due to the entry into force of Regulation (EU) 2021/379 of the European Central Bank of 22 January 2021, on the balance sheet items of credit institutions and of the monetary financial institution sector (recast) (ECB/2021/2) and its transposition into Spanish law through Banco de España Circular 6/2021.

In addition, on December 2022 data, pound sterling figures are included separately under “Other currencies” in table 8.25 (Breakdown of main assets and liabilities of other MFIs, by currency). Pound sterling amounts were previously published in the “Other currencies” column.

January

Chapter 2. Main economic indicators and Chapter 20. Exchange rates and competitiveness indices

Following the entrance of Croatia in the euro area, with the January publication of the competitiveness indices contained in tables 2.11, 20.6, 20.7 y 20.8 of the Statistical Bulletin, new indexes for the euro area and developed countries (including Croatia in their definition) have been published, and that substitute the old indexes published for that areas.