El RealTimeTracker, nuestro modelo de seguimiento y pronóstico en tiempo real, estima que un crecimiento trimestral del PIB del 0,7% en el 1T26, en línea con el promedio de los últimos trimestres. También anticipa, con información aún muy incompleta, una desaceleración en el 2T26 hasta el +0,4%, indicando que el mantenimiento del dinamismo de la […]

• The RealTimeTracker, our real-time monitoring and forecasting model, estimates quarterly GDP growth of 0.7% in Q4 2025, in line with the average of the last four quarters. With still very incomplete information, it also anticipates a slight acceleration in Q1 2026 (+0.8%), indicating that the Spanish economy’s momentum would continue in the short term. […]

The RealTimeTracker, our real-time monitoring and forecasting model, estimates GDP growth of 0.7% in Q3 2025, in line with the figures recorded in recent quarters. It also anticipates, with still very incomplete information, an increase of +0.5% in Q4, which would suggest a moderate slowdown in growth in the final quarter of the year. The 0.7% increase would have […]

The RealTimeTracker, our real-time monitoring and forecasting model, estimates that quarterly GDP growth would stand at +0.7% in Q1 2025, easing very slightly compared with recent quarters. This +0.7% growth is driven by the revision of the national accounts and recent investment indicators. Labour indicators (Social Security registrations), demand indicators (retail consumption) and supply indicators […]

Macro analysis in partnership with EY Insights. The RealTimeTracker, our real-time tracking and forecasting model, estimates that GDP quarterly growth will be at +0.6% in Q4 2024, showing moderation compared to previous quarters. Service indicators drove this GDP growth in the quarter, while investment in capital goods and construction contributed less. Despite this moderation, we […]

Macro outlook, global focus and micro perspective for September 2024. Macro outlook The RealTimeTracker, our real-time monitoring and forecasting model, estimates that quarterly GDP growth would be around +0.6% in Q3 2024, easing slightly from 0.8% in Q1 and Q2. This introduces an upside bias to the projections for the year as a whole, and […]

Macro outlook, global focus and micro perspective for June 2024. Macro outlook The RealTimeTracker, our real-time monitoring and forecasting model, estimates that quarterly GDP growth would stand between +0.4% and +0.5% in Q2 2024, easing from 0.7% in Q1 2024. The balance of risks has not changed substantially and annual growth would remain at +2.3%, […]

Macro outlook, global focus and micro perspective for May 2024. Macro outlook The RealTimeTracker, our real-time monitoring and forecasting model, estimates that quarterly GDP growth could reach +0.5% in Q2 2024. Annual growth would stand at 2.3%, two tenths lower than in 2023 but triple the figure projected for the Eurozone. All of this is […]

Macro outlook, global focus and micro perspective for March 2024. Macro outlook The RealTimeTracker, our real-time monitoring and forecasting model, estimates that quarterly GDP growth will reach +0.8% in Q1 2024, beating expectations from the start of the year. We anticipate somewhat more moderate growth in Q2 2024. The tentative reading of the first half […]

This study proposes the most in-depth and detailed analysis of gender inequality in STEM fields in Spain to date. Distinctively, we focus on areas with a significant emphasis on mathematics, where the most pronounced gaps occur; we cover everything from basic education, thanks to the latest PISA results, to the professional career, for which we […]

Macro outlook, global focus and micro perspective for January 2024. Macro outlook The RealTimeTracker, our real-time monitoring and forecasting model, estimates that Spanish GDP will close Q4 2023 with growth of +0.5%. We therefore estimate that 2023 would have ended with growth of +2.4%. On a preliminary basis, for Q1 2024 we anticipate growth similar […]

Macro outlook, global focus and micro perspective for November 2023. Macro outlook The Spanish economy remains in positive territory in the final stretch of the year: the RealTimeTracker estimates positive GDP growth in Q4 2023 (+0.2%), showing a trend of gentle slowdown in recent quarters, but growth figures higher than those anticipated months ago. Annual […]

Spain has practically the same real per capita income as 15 years ago, while other countries around us are much richer than they were then. This means that over the last eighteen years we have not improved our average standard of living. We are therefore on the road to two lost decades. There are many […]

Macro outlook, global focus and micro perspective for October 2023. Macro outlook: The Spanish economy is entering negative territory in the short term: the RealTimeTracker, our real-time monitoring and forecasting model, estimates negative GDP growth in Q3 2023: -0.1%. This rate, which already takes into account the INE revision of the national accounts published on […]

Macro outlook, global focus and micro perspective for September 2023. Macro outlook The outlook for the Spanish economy is positive in the short term: the RealTimeTracker, our real-time monitoring and forecasting model, estimates quarter-on-quarter GDP growth of around +0.6% in Q2 2023, in line with the Q1 2023 figure. However, specific indicators show mixed trends: […]

For more than fifteen years, every six months Esade has published the Informe Económico y Financiero (Economic and Financial Report) with the support of Banco Sabadell. With this report, Esade seeks to stay true to its mission and contribute to society with what it does best, providing knowledge to improve public debate. The Report thus […]

Macro outlook, global focus and micro perspective for June 2023. Macro outlook The growth forecasts for the Spanish economy are positive in the short term: we estimate quarter-on-quarter GDP growth of around +0.5% in the second quarter. The services sector is driving this growth, which means that if its performance cools relative to expectations, growth […]