Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Spain
ESPB6FATC01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,336,510,000.00
Year-over-Year Change
-19.49%
Date Range
1/1/1993 - 10/1/2024
Summary
The Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Spain measures the net change in foreign financial assets held by Spain's residents. This trend is important for understanding Spain's international investment position and overall economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Balance of Payments: Financial Account tracks cross-border transactions in financial assets and liabilities. The Assets component measures the net acquisition of foreign financial assets by Spanish residents, reflecting international investment and capital flows.
Methodology
The data is collected and calculated by the Bank of Spain based on surveys and administrative records.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess Spain's external position and financial stability.
Key Facts
- Spain's net acquisition of foreign financial assets was €42.5 billion in 2021.
- This trend has been generally positive since the 2008 financial crisis.
- Foreign direct investment is a major component of Spain's financial account.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Spain measures the net change in foreign financial assets held by Spain's residents.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Spain's international investment position, capital flows, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank of Spain based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and investors to assess Spain's external position and financial stability.
Q: Are there update delays or limitations?
A: The data is typically published quarterly with a short delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Spain (ESPB6FATC01CXCUQ), retrieved from FRED.