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March 5, 2014

Foreign investment in Spain in 2013

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Foreign investment in Spain in 2013

According to official data of the Central Bank of Spain in 2013 the foreign investment in Spain amounted to 88,758 million euros, significantly more than in the previous few years. It is worth noting that in 2012 foreign investment went from Spain and the total leakage of money was of .338,9 million euros in 2012, in 1,5 % more than in the previous 2011 . Thus, foreign investment funds responded to the unstable economic and financial situation in Spain.

Such data was published by the Central Bank of Spain this week. Only in December of 2013 the foreign investors have invested in the Spanish economy more than 19,937 million euros, a figure exceeded in 18.941,5 million euros invested by foreign funds and private investors in November of 2013.

Thus, the final result was positive for the Spanish economy and the size of incoming foreign investments exceeded the size of outgoing funds. According to the result in 2013 was registered a surplus of 7.130,6 million euros, while in 2012 the economy was negative balance deficit and foreign investment amounted to 11.518,7 million euros, according to the Central Bank of Spain.

This positive trend in the inflow of foreign investment in Spain began in July 2013 and clearly reflects the economic and financial reality prevailing in the country in recent years. If in 2012 and 2011 were reported deficits in the balance of foreign investment in the country, in 2013 the situation has changed to the opposite. In 2013, Spain was able to get out of a technical recession and the country's GDP grew by 0.2 % in the last quarter of 2013. Spain's economy is recovering and gaining strength that is reflected in the response of the world`s economies. Spain is becoming more attractive in terms of investment for many financial companies and investment funds. Foreign funds, both public and private, continue to choose to invest in Spain and the Spanish economy.

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