The Barometer of the Círculos, in this third edition, seeks to contribute to collectively solving the big problems that affect Spain. On this occasion, in addition to presenting the shared vision of the Círculo de Empresarios, the Círculo de Economía and the Círculo de Empresarios Vascos, it has enjoyed the participation –begun in 2015– of … Continued
Foreign companies in Spain According to the most recent report Foreign Multinationals in Spain, in 2013 the number of foreign affiliates was 10,722 (34.4% of Spanish large-sized companies). Taxes A Spanish worker dedicates an average of 180 days of salary each year to pay direct and indirect taxes, principally through Social Security contributions*(102 days) and … Continued
SPAIN 2015 regional GDP In 2015, the average rate of economic growth in Spain’s regional communities was 3.2%, but three of them grew at an even higher rate: Valencia (3.6%), Madrid (3.4%) and Catalo-nia (3.3%). By contrast, Cantabria (2.6%), Aragón (2.7%) and the autonomous city of Melilla (2.7%) registered the lowest rates of growth. Overall, … Continued
Middle Market Spain Business expectations According to a study by Ernst & Young, 65% of the companies in this sector will apply organic growth strategies (new products and sectors), in 13% they will be inorganic (M&A), while the remaining 22% will combine both models of growth.
SPAIN National Accounting 4Q 2015 (INE) During the fourth quarter of 2015 the Spanish economy grew 0.8%, and 3.5% year-on-year. For 2015 as a whole, the nominal annual progress was 3.8% and the real advance was 3.2%. The GDP in current prices reached 1,081,190 million euros. The contribution of the domestic demand to annual growth … Continued
Barometer of the companies Corporate trends According to the Deloitte Barometer, of the 294 Spanish companies surveyed, 61% report that their billing improved in the second half of 2015 (although it was some 2 decimal points lower than in the first half of the year) a figure slightly higher than their expectations for the first half of 2016. In addition, … Continued
Risk Capital 2015 Principal indicators 2015 confirmed the recovery of risk capital activity, though without reaching the levels of 2014. The volume of investment was 2,790 million euros, or 19.5% less than the previous year, due to the scarcity of investments of more than 100 million euros.
SPAIN Exports, January-September 2015 Exports of merchandise to September reached 186,261.1 million euro, with an increase of 4.4% year-on-year (Ministry of the Economy). Imports also increased, 3.9%, to 204,903.1 million euro, thus confirming the recovery of internal demand. The trade deficit was reduced by 1.1% (to 18,642 million euro). The non-energy balance had a surplus of 2,034.1 million euro (vs. 10,704 million the … Continued