The analysis of total private pension assets in Spain shows significant fluctuations over the past decade, with values dipping from $199.63 billion in 2013 to as low as $164.24 billion in 2016, and then recovering to $207.03 billion in 2023. The year-on-year variations reflect a volatile market, with growth and contraction periods, noted by a 10.64% increase in 2013 and a -8.47% decrease in 2015. From 2021 onwards, there has been a steady growth, with a 1.84% increase in 2023. The last five years’ CAGR stood at 3.62%, demonstrating moderate growth.
Future trends to watch for include the forecasted steady growth at a 5-year CAGR of 1.34%, resulting in a projected value of $225.22 billion by 2028. Observing the global economic recovery and changes in pension regulations will be pivotal in understanding future trajectory and potential volatility.
