The forecast for private pension spending in Spain from 2024 to 2028 shows a consistent value at 0.6% of GDP. As of 2023, private pension spending also stands at 0.6% of GDP, indicating no variation year-on-year for the forecasted period. This flat trend suggests stability but also highlights the lack of growth or decline in the sector. Over the last two years, the data suggests no significant changes or growth, resulting in a CAGR of 0% over the past five years.
Future trends to watch for include potential policy changes or economic shifts that could impact private pension contributions, as well as demographic changes that could affect the demand for private pensions. Monitoring these factors will be crucial for anticipating any deviations from the current forecast.