Q1

 2004-2012- In 2004 the total investment as percent of GDP of Spain was $28.285 n
while savings was $22.803 bn which was reduced to an investment of $18.436 b and
savings of$18.522bn in 2012 due to recession in 2008 .

 2013-2018-In 2013 the total investment as percent of GDP was $17.216 b with
savings of $19.254 bn which was increases by nearly 15% to $20.478 billion and
savings of $22.327 bn in 2018.

Q3 Difference in Risk Profile

The Global market has seen a decline in the Spanish market since the net investments have
been declining steadily over a piviod of time from 2004-2012 and 2013-2018. People have
started to think Spain as a more unstable market.
Q2 Current Account Balance
• 2004-2012- From the year 2004 to 2011 Spain was current account balance deficit country
and a major importer of commodities because the current A/C balance was negative. But in
2012 it became positive as .086%of GDP
• 2013-2018- From years henceforth, Spurn has been a consistent country by being in
surplus and being a lender to current A/C deficit countries.

Q4 Currency exchange
• If Spain would not have declared Euro as its currency and would have continued with its
own currency then it would have faced a lot of troubles with trade and international affairs.
Euro being a stable currency paved a lot of ways for the country to explore its trades with
other countries and opened ways for free trade routes across Europe from 2004-2018

5) Current account balance Return policy

• 2004-2012- Since Spain being a deficit country in this period government should have
decreased its local consumption of goods and become an exporter
• 2013-2018- Since Spain being a surplus country in this period government should have
increased its local consumption of goods and become an importer.

We first analyze-_-at the loan level-credit conditions (both loan to values and loan spreads)
in both good (2005:Q1-2007:Q2) and bad (2007:03-2010:Q4) times, where the turning point
in bank liquidity, credit and real estate dynamics starts in the summer of 2007

6) Balance of payments profile since 2018?

Since 2018 Balance of payments of Spain has remained at $2513 million which has pretty
much remained unchanged after 2018 and is likely to remain unchanged for the coming
future as well.

Spain Balance of Payments (BoP): Current Account data was reported at 2,853.000 EUR mn
in May 2022. This records an increase from the previous number of -479.000 EUR mn for
Apr 2022. Spain Balance of Payments (BoP): Current Account data is updated monthly,
averaging -1,053.000 EUR mn from Jan 1993 to May 2022, with 353 observations.