Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Spain
ESPB6FATC01NCCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,844,000,000.00
Year-over-Year Change
-13.63%
Date Range
1/1/1993 - 10/1/2024
Summary
The Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Spain measures Spain's financial transactions with the rest of the world. This metric is a key indicator of Spain's external financial position and capital flows.
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 Financial Account tracks Spain's international financial investments, loans, and other asset transactions. It provides insight into the nation's ability to finance its current account balance and accumulate foreign assets or liabilities.
Methodology
The data is collected and calculated by Spain's national statistics agency.
Historical Context
Policymakers and analysts use this metric to assess Spain's external financial stability and competitiveness.
Key Facts
- Spain's financial account recorded a surplus of €3.2 billion in 2021.
- Foreign direct investment in Spain totaled €34 billion in 2021.
- Spain's net international investment position was -€978 billion in 2021.
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 value of Spain's international financial investments, loans, and other asset transactions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Spain's external financial position, capital flows, and ability to finance its current account balance. It is a key indicator of the nation's financial stability and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Spain's national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Spain's external financial stability and competitiveness, which informs decisions around trade, investment, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a brief delay. There may be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Spain (ESPB6FATC01NCCUQ), retrieved from FRED.