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null What Will Be the Key Implications of Coronavirus for Spain?

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What Will Be the Key Implications of Coronavirus for Spain?
17 Apr 2020
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Clock 45 mins.
CATEGORIES: AER Global Spain China Real Estate Coronavirus
ANALYSTS:
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Ignacio de la Torre
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Leopoldo Torralba
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Joaquín Rivera
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Diego Mejía
This chartbook contains our updated predictions for Spanish GDP in 2020 and 2021, which differ quite a bit from those of the IMF.  They are based on a sectoral model that allows us to understand the impact of coronavirus depending on the cyclicality of each sector.  We put our focus on the real estate, tourism and hospitality industries in Spain.  In addition, we update the medical situation, continue our epidemiological model that anticipates when the epidemic will come under control in Spain and refine our hypotheses on when and how confinement measures will be lifted.  Finally, we conclude by exposing our considerations on the long-term impact of the coronavirus in Spain.
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