Last month, the British Chamber of Commerce in Spain published a climate and perspectives barometer of British investment in Spain.
In summary, we come to the conclusion that:
- 1. The United Kingdom is the third most important investor in Spain. In 2014, the stock of British foreign direct investment (FDI) increased for the first time since 2008. Representing over 11% of the Spanish economy's total FDI in 2014.
- 2. The UK is Spain's most committed investor. In cumulative terms, throughout the period for which data is available (1993-1H16), the United Kingdom has invested annually over €1.37 bn., in line with investment in 1H16. If this trend continues in the second half of the year, the United Kingdom would rank similarly as it has in previous years.
- 3. Domestic political risk has so far not affected FDI inflows into Spain from the UK. Neither the uncertainty surrounding the ability to form a government in Spain in 2016 nor the EU referendum in the UK have affected British FDI flows in the first half of the year. British inflows remained stable, confirming the UK's solid commitment to investing in Spain.
For reviewing the barometer report, click here