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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After the flash floods in Spain, how did the Banco de España respond to the financial consequences?

11/07/2025 Andres Azqueta , Ana Isabel Hernáez

The flash floods last autumn caused severe human, economic and environmental damage in eastern Spain. The Banco de España took a number of steps in response, including assessing and closely monitoring the financial situation in the area to identify the needs of households and businesses and any risks to the financial system.

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Subhome_en

11/12/2024

Beyond GDP: how to measure economic welfare

Gabriel Quirós Romero (Adviser)

GDP and per capita income are frequently used as synonyms of welfare. However, the concept of welfare is broader and more complex. As the economic and social developments of recent decades have made increasingly clear, economic welfare and well-being cannot be gauged by GDP alone. However, determining complementary welfare indicators and measuring them accurately is difficult.

Statistical information and databases

Subhome estadísticas

12/11/2024

What makes (official) statistics reliable

Javier Jareño , Juan Mª Peñalosa (Associate Director General)

In today’s information age, the sheer volume and availability of data is overwhelming. Identifying reliable information is a challenge that we all face as members of the public. Official statistics offer a dependable source of trustworthy information.

Statistical information and databases

Subhome incertidumbre

29/07/2024

Measuring economic uncertainty. The role of artificial intelligence

Corinna Ghirelli (Head of the Euro Area Economy Unit) , 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.

Statistical information and databases