Ageing conditions the sustainability of the system IN 2050 SPAIN WILL BE THE SECOND COUNTRY IN THE OECD, AFTER JAPAN, WITH THE HIGHEST DEPENDENCY RATIO *, WHICH WILL BE 78.4%, 25.7 PP HIGHER THAN THE OECD AVERAGE The dependency ratio in Spain will increase by 45.6 pp between 2020 and 2050, more than double the … Continued
Pension expense, Spain In August, the payroll of Social Security contributory pensions in Spain increased by 5.03% per year, reaching 9.68 billion euros per month. Between January and August, it increased at a rate of 6.8% year-on-year, compared with 3.8% in 2018 and 3% in 2017, and 4.5pp above the forecasted growth for the Spanish … Continued
In this infographic we present the situation of the pension system in Spain.
Spanish banking sector Profits During the first quarter of 2016, amidst low interest rates, the consolidated results of Spanish credit institutions dropped 23.6%. By contrast, the improvement in economic activity has made it possible to continue to lower the volume of troubled assets (down 40% since December of 2013). At the same time, according to … Continued
Recent improvements in GDP and employment confirm that Spain’s recovery and economic dynamism continue to be strengthened. Internally, the reforms that have been carried out and the efforts in the private sector have corrected some of our macroeconomic imbalances. This has led to improvements in the labor market, the external sector, investment and access to … Continued