Publications

4/2021

• Full document (3 MB)
  • Quarterly report on the Spanish economy (3 MB)
  • Overview (282 KB)
  • Boxes
    • Summary of the Quarterly Report boxes (154 KB)
    • Box 1. Macroeconomic projections for the Spanish economy (2021-2024): the Banco de España's contribution to the Eurosystem's December 2021 joint forecasting exercise (430 KB)
    • Box 2. An analysis of the global economic impact of the recent increase in energy commodity prices (322 KB)
    • Box 3. The impact of supply and demand shocks on recent economic developments and prices (274 KB)
    • Box 4. Recent developments in Spanish SMEs’ access to external finance according to the European Central Bank's six-monthly survey (306 KB)
    • Box 5. The potential impact of global supply chain bottlenecks on the Spanish economy in the coming quarters (274 KB)
    • Box 6. Job opportunities and supply and demand mismatches for places on vocational training courses (270 KB)
  • Analytical Articles
    • Economic and financial performance of Spanish firms in 2020 and 2021 according to the central balance sheet data office (820 KB)
    • Bigtechs and financial services: some challenges, benefits and regulatory responses (322 KB)
    • Report on the Latin American Economy. Second half of 2021. Outlook, vulnerabilities and policy space (3 MB)
    • October 2021 Bank Lending Survey in Spain (749 KB)
    • An empirical analysis of the determinants that can boost Next Generation EU'S effectiveness (252 KB)
    • The role of cryptoassets as legal tender: the example of El Salvador (215 KB)
    • Inflation in the United States: recent developments and outlook (935 KB)
    • Corporate bond issuance during the COVID-19 pandemic: a comparison with the global financial crisis (1 MB)
    • Results of non-financial corporations to 2021 Q2 (614 KB)
  • Economic Notes
    • European Semester 2021 and Recovery, Transformation and Resilience Plan (600 KB)
    • Measure to support credit and the financial sector in banking systems considered material for Spain (434 KB)
    • Turkey: macro-Financial situation (1 MB)

3/2021

• Full document (3 MB)
  • Quarterly report on the Spanish economy (2 MB)
  • Boxes
    • Box 1. Macroeconomic projections for the Spanish economy (2021-2023) (398 KB)
    • Box 2. The IMF’s recent general allocation of special drawing rights and the options for channelling them to vulnerable economies (262 KB)
    • Box 3. Euro area manufacturing bottlenecks (301 KB)
    • Box 4. Review of the European Central Bank's monetary policy strategy (510 KB)
    • Box 5. The differential impact by gender of the COVID-19 crisis on the Spanish labour market (283 KB)
    • Box 6. Recent developments in inbound tourism in Spain (260 KB)
    • Box 7. The factors underlying the recent increase in inflation in Spain (272 KB)
  • Analytical Articles
    • Overview of global and European institutional sustainable finance initiatives (4 MB)
    • The role of central banks in combating climate change and developing sustainable finance (391 KB)
    • Cash infrastructure and cash access vulnerability in Spain (11 MB)
    • A cost of living index for Spanish cities (452 KB)
    • Recent developments in financing and bank lending to the non-financial private sector. First half of 2021 (1 MB)
    • The IMF´s resources in the face of COVID-19 crisis (506 KB)
    • Impact of the COVID-19 pandemic on the Spanish commercial real estate market (623 KB)
    • The July 2021 Bank Lending Survey in Spain (674 KB)
    • The impact of the efficacy of justice on business investment in Spain (440 KB)
    • Results of non-financial corporations in 2021 Q1 (528 KB)
    • Historical development of the european structural and investment funds (425 KB)
    • Financial flows and balance sheets of households and non-financial corporations in 2020 (498 KB)
    • G20 debt-relief initiatives for low-income countries during the pandemic (1 MB)

2/2021

• Full document (3 MB)
  • Quarterly report on the Spanish economy (2 MB)
  • Boxes
    • Box 1. Macroeconomic projections for the Spanish economy (2021-2023): the Banco de España's contribution to the Eurosystem's June 2021 joint forecasting exercise (398 KB)
    • Box 2. Some determinants of the growth differential between the euro area and the United States since the onset of the pandemic (282 KB)
    • Box 3. Outlook for household saving in the euro area and in the United States (230 KB)
    • Box 4. Recent developments in Spanish SMEs' access to external finance according to the ECB's six-monthly survey (263 KB)
    • Box 5. Accuracy of short-term economic projections during the pandemic: the importance of the cut-off date (286 KB)
    • Box 6. Recent changes en CO2 emissions in Spain (407 KB)
  • Analytical Articles
    • The balance of payments and international investment position of Spain in 2020 (689 KB)
    • The impact of the COVID-19 health crisis on the housing market in Spain (839 KB)
    • Fiscal Rebalancing plans in the medium term: the case of the United Kingdom (295 KB)
    • Report on the Latin American economy. First half of 2021. Outlook, vulnerabilities and policy space (1 MB)
    • International capital markets during the COVID-19 crisis (881 KB)
    • April 2021 Bank Lending Survey in Spain (530 KB)
    • Furlough schemes in the COVID-19 crisis: an initial analysis of furloughed employees resuming work (331 KB)
    • Results of non-financial corporations to 2020 Q4. Preliminary year-end data (512 KB)
    • Personal loan rates and household characteristics: Spain compared with other euro area countries (319 KB)

1/2021

• Full document (2 MB)
  • Quarterly report on the Spanish economy (1 MB)
  • Boxes
    • Box 1. Macroeconomic projections in Spain (2021-2023) (340 KB)
    • Box 2. Listed companies’ earnings expectations since the onset of the COVID-19 crisis (252 KB)
    • Box 3. Analysis of US fiscal policy plans (231 KB)
    • Box 4. Household saving during the pandemic and its possible effects on the future recovery in consumption (292 KB)
    • Box 5. Open strategic autonomy in the EU (178 KB)
    • Box 6. Banco de España business activity survey (EBAE) (226 KB)
    • Box 7. Business births and deaths since the onset of the pandemic (256 KB)
    • Box 8. Developments in the projections of the main macroeconomic variables in 2020 (256 KB)
  • Analytical Articles
    • The EU-UK Trade and Cooperation Agreement (TCA) (341 KB)
    • Impact of the dividend distribution restriction on the flow of credit to non-financial corporations in Spain (493 KB)
    • The cost of electricity for Spanish firms (461 KB)
    • The gender gap in financial competences (556 KB)
    • The economic impact of COVID-19 on Spanish firms according to the Banco de España Business Activity Survey (EBAE) (517 KB)
    • The economic performance of Spanish provinces during 2020 and its determinants (513 KB)
    • Recent developments in financing and bank lending to the non-financial private sector (778 KB)
    • January 2021 Bank Lending Survey in Spain (574 KB)
    • Euro area household income and saving during the first wave of the pandemic (382 KB)
  • Economic Notes
    • Turkey: macro-financial situation (1 MB)