Banco de España Blog

Using a simple format and plain language, the Banco de España Blog seeks to make our work more accessible to the general public. It allows us to share our analysis of economic and financial issues and the ins and outs of the Banco de España’s tasks and activities with all those keen to learn more.

The Blog series group together posts covering certain similar topics. Further down is a general listing of all Blog posts, with a search function to help readers find the posts they are interested in.

 

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Competition and financial stability in the fintech era

04/02/2026 José Enrique Gutiérrez

Technological innovation in financial services (known as fintech) is changing the way we manage our finances. Understanding its potential impact on financial stability is a key concern for the Banco de España and other financial supervisors around the world.

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¿Cómo medimos y comparamos las economías? Novedades en 2025

17/12/2025

How do we measure and compare economies? What's new in 2025

Gabriel Quirós Romero

Not all data can be used to measure, and compare, different countries’ economies. We need to use the same yardstick: international statistical standards that assess economic and financial activity consistently across countries. Besides, they should also adapt to constantly changing scenarios. The 2025 standards measure digitalisation, globalisation, sustainability and inequality better.

International Economy

Imagenes-subhome-listado

06/11/2025

What impact do armed conflicts have on international trade? Series: Focus. Research Videoblog

Francesca Viani

Military conflicts in Ukraine and Palestine have changed the geopolitical landscape. They have also affected international trade, showing that a country is more vulnerable when it concentrates its imports in a few countries. Find further details in the study “Sourcing all the eggs from one basket: trade dependencies and import prices” by Irina Balteanu, Katja Schmidt, and Francesca Viani.

International Economy

imagen capitulo 05

23/04/2025

Can tariffs change the world? Series: International

Javier Pérez

The import tariffs that the United States is imposing are shaking markets and the global economy. Could tariffs be a game changer?
In recent decades every economy in the world has grown thanks to globalisation. But inequalities have increased in the most developed countries, creating a sense of injustice in some.
Grab your headphones and find out where the United States’ true hegemonic power resides.

International Economy

Shutterstock

27/02/2025

Unpacking the International Monetary Fund: eighty years of fostering international financial cooperation

Isabel Garrido , Patrocinio Tello

The International Monetary Fund (IMF) plays a key role in maintaining the stability of the global financial system and upholding multilateralism, now under threat. In this post we take a closer look at this long-standing institution that faces substantial challenges in the years ahead.

International Economy

Subhome incertidumbre

29/07/2024

Measuring economic uncertainty. The role of artificial intelligence

Corinna Ghirelli , Andrés Azqueta-Gavaldón

Uncertainty is part and parcel of our lives. It affects our decisions and economic activity too. That’s why identifying and measuring economic uncertainty is key for economists. The Banco de España has developed various indicators of uncertainty, such as the EPU indexes, that help assess the risks and quantify their possible impact on activity.

International Economy