The Spanish economy is exposed to structural macroeconomic shocks of different nature that impact with different intensity and meaning on relevant variables such as GDP or employment on which, ultimately, the welfare of citizens depends. The aim of this space is to disseminate and highlight the data and results generated in the research on the Spanish economy supported by the Foundation, both in terms of the current situation and in historical perspective.
Latest entries
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ECO Report 2026 (April)
The Business Cycle Observatory, an initiative of BBVA Research, Fedea and the Rafael del Pino Foundation, have jointly launched the fifteenth edition of the Observatory on the Business Cycle in Spain, entitled «Business Cycle and House Prices in Spain». This Observatory analyses and quantifies the influence of a wide range of factors on the economic cycle in Spain.
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ECO 2025 Report (November)
The Economic Cycle Observatory, an initiative of BBVA Research, Fedea and the Rafael del Pino Foundation, has jointly launched the fourteenth edition of the Observatory on the Economic Cycle in Spain, entitled «Productivity performance in Spain and its causes». This Observatory analyses and quantifies the influence of a wide range of factors on productivity performance in Spain.
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ECO 2025 Report (May)
The Economic Cycle Observatory, an initiative of BBVA Research, Fedea and the Rafael del Pino Foundation, has jointly launched the thirteenth edition of the Observatory on the Economic Cycle in Spain, entitled «Cyclical behaviour of GDP until the first quarter of 2025 and tariff uncertainty». This Observatory analyses and quantifies the influence
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ECO 2024 Report (October)
The Economic Cycle Observatory, an initiative of BBVA Research, Fedea and the Rafael del Pino Foundation, has jointly launched the twelfth edition of the Observatory on the Economic Cycle in Spain, entitled “The cyclical behaviour of GDP and consumption until the second quarter of 2024”. This Observatory analyses and quantifies the
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Rafael del Pino Fellowship in Macroeconomic Modelling and Public Policies
Closed call for applications
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ECO 2024 Report (April)
The Economic Cycle Observatory, an initiative of BBVA Research, Fedea and the Rafael del Pino Foundation, has jointly launched the eleventh edition of the Observatory on the Economic Cycle in Spain, entitled “Economic cycle, employment and productivity in 2023”. This Observatory analyses and quantifies the influence of a wide range of factors.
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Pre-industrial Spain (1277-1850)
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GDP Supply