Spain Crude Oil Production - Forecast

Crude Oil Production in Spain is expected to be 2.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Spain to stand at 2.00 in 12 months time. In the long-term, the Spain Crude Oil Production is projected to trend around 2.00 BBL/D/1K in 2020, according to our econometric models.


Spain Crude Oil Production
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Spain Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -3050045 -1400000 -2400000 -2100000 -1400000 -1800000
Exports 23858354 24500000 23800000 22500000 27900000 23700000
Imports 26436200 25900000 26200000 24600000 29300000 25500000
Current Account 904 2300 2500 2800 1150 3640
Current Account to GDP 1.9 1.1 1.1 1.1 1 0.8
Terms of Trade 102 104 105 104 106 104
Foreign Direct Investment 10809 3200 -1600 2450 2200 2320
Capital Flows -1307 1980 2200 7500 -1900 4400
Remittances 3083 3120 2420 3620 2750 3890
Tourist Arrivals 6771 8720 8950 4120 5420 6150
Gold Reserves 282 282 282 282 282 282
Tourism Revenues 4076 6450 6980 3220 3820 4050
Terrorism Index 1.7 1.7 1.7 1.7 1.7 1.7
Weapons Sales 814 820 777 733 708 628
External Debt 1918114000 1954132000 1961960000 1975330000 1986403000 2031138000
Crude Oil Production 2 2 2 2 2 2