Banco de España reintroduces financial statistics

The Banco de España has expanded its catalogue of statistics by reintroducing two previously discontinued products within the area of financial corporations statistics.

This strategic move specifically focuses on the renewed publication of comprehensive data for insurance corporations and pension funds.

This reintroduction is a pivotal step, as it enables the consistent dissemination of the statistics on the total balance sheet and its detailed sector breakdown for all financial corporations.

By doing so, the Banco de España effectively closes existing information gaps in this crucial area, providing a more complete and transparent overview of the financial sector.

These updated data, now accessible in the 'Financial Corporations' thematic area, include quarterly releases of balance sheet data, encompassing both assets and liabilities, for insurance corporations and pension funds.

Additionally, the releases provide specific breakdown tables detailing the most significant asset items, offering granular insights into their composition and structure.

The reintroduction of these statistics significantly enhances the historical depth available for analysis.

Statistical information on insurance corporations is now accessible from the second quarter of 2016 (2016 Q2).

For pension funds, the data availability commences from the third quarter of 2019 (2019 Q3).

The total balance sheet of financial corporations and its sector breakdown is also available from 2019 Q3, coinciding with the start date of the pension fund statistics.

This consistent historical coverage allows researchers and analysts to track trends and developments over several years.

Additionally, time series being discontinued as a direct result of these updated statistics will soon be moved to a dedicated 'Historical statistics for researchers' section, ensuring their continued accessibility for academic and in-depth studies.