Banco Bilbao Vizcaya Argentaria (BBVA) 20-F 4 Mar 22 2021 FY Annual report (foreign) Financial data

Cover

Cover	12 Months Ended
	Dec. 31, 2021shares
Document Information [Line Items]
Entity Registrant Name	BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Entity Central Index Key	0000842180
Document Type	20-F
Document Period End Date	Dec. 31, 2021
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Interactive Data Current	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding	6,667,886,580
Entity Well-known Seasoned Issuer	Yes
Document Annual Report	true
Document Registration Statement	false
Document Transition Report	false
Document Shell Company Report	false
ICFR Auditor Attestation Flag	true
Entity File Number	1-10110
Entity Incorporation, State or Country Code	U3
Document Accounting Standard	International Financial Reporting Standards
Entity Address, Country	ES
Entity Address, Address Line One	Calle Azul, 4
Entity Address, City or Town	Madrid
Entity Address, Postal Zip Code	28050
Security Reporting Obligation	15(d)
American Depositary Shares [Member]
Document Information [Line Items]
Title of 12(b) Security	American Depositary Shares, each representing the right to receive one ordinary share, par value €0.49 per share
Trading Symbol	BBVA
Security Exchange Name	NYSE
Ordinary shares [member]
Document Information [Line Items]
Title of 12(b) Security	Ordinary shares, par value €0.49 per share
Trading Symbol	BBVA*
Security Exchange Name	NYSE
A0875 Fixed Rate Senior Notes Due2023 [Member]
Document Information [Line Items]
Title of 12(b) Security	0.875% Fixed Rate Senior Notes due 2023
Trading Symbol	BBVA 23
Security Exchange Name	NYSE
A1125 Fixed Rate Senior Notes Due2023 [Member]
Document Information [Line Items]
Title of 12(b) Security	1.125% Fixed Rate Senior Notes due 2025
Trading Symbol	BBVA 25
Security Exchange Name	NYSE
Business Contact [Member]
Document Information [Line Items]
Entity Address, Country	ES
Local Phone Number	537 7000
City Area Code	+34 91
Contact Personnel Name	Rafael Salinas Martínez de Lecea
Entity Address, Address Line One	Calle Azul, 4
Entity Address, City or Town	Madrid
Entity Address, Postal Zip Code	28050

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021
Auditor [Line Items]
Auditor Firm ID	1027
Auditor Location	Madrid, Spain
Auditor Name	KPMG Auditores

Statement of financial position

Statement of financial position, order of liquidity (Statement) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets [Line Items]
Cash and cash equivalents		€ 67,799	€ 65,520	€ 44,303
Current financial assets at fair value through profit or loss, classified as held for trading		123,493	105,878	99,469
Derivative financial assets held for trading	[1]	30,933	40,183	32,232
Equity instruments held for trading		15,963	11,458	8,892
Debt instruments held for trading		25,790	23,970	26,309
Loans and advances to central banks held for trading		3,467	53	535
Loans and advances to banks held for trading		31,916	18,317	19,020
Loans and advances to customers held for trading assets		15,424	11,898	12,482
Financial assets at fair value through profit or loss, mandatorily measured at fair value		6,086	5,198	5,557
Equity instruments, mandatorily measured at fair value		5,303	4,133	4,327
Debt securities, mandatorily measured at fair value		128	356	110
Loans and advances to customers, mandatorily measured at fair value		655	709	1,120
Financial assets at fair value through profit or loss		1,092	1,117	1,214
Debt securities at fair value through profit or loss		1,092	1,117	1,214
Financial assets at fair value through other comprehensive income		60,421	69,440	61,183
Investments in equity instruments designated at fair value through other comprehensive income		1,320	1,100	2,420
Debt securities at fair value through other comprehensive income		59,074	68,308	58,731
Loans and advances to credit institutions at fair value through other comprehensive income		27	33	33
Financial assets at amortised cost		372,676	367,668	439,162
Debt Securities at amortized cost		34,781	35,737	38,877
Loans and advances to central banks at amortised cost		5,681	6,209	4,275
Loans and advances to banks		13,276	14,575	13,649
Loans and advances to customers	[2]	318,939	311,147	382,360
Derivative financial assets held for hedging		1,805	1,991	1,729
Accumulated fair value hedge adjustment on hedged item included in carrying amount, assets		5	51	28
Investments in subsidiaries, joint ventures and associates		900	1,437	1,488
Investments in joint ventures		152	149	154
Investments in associates		749	1,288	1,334
Assets under insurance contracts and reinsurance contracts issued		269	306	341
Tangible assets		7,298	7,823	10,068
Property, plant and equipment		7,107	7,601	9,816
Property plant and equipment for own use		6,874	7,311	9,554
Assets leased out under an operating lease		233	290	263
Investment property		191	222	252
Intangible assets and goodwill		2,197	2,345	6,966
Goodwill		818	910	4,955
Intangible assets other than goodwill		1,379	1,435	2,010
Tax assets		15,850	16,526	17,083
Current tax assets		932	1,199	1,765
Deferred tax assets		14,917	15,327	15,318
Other assets		1,934	2,513	3,800
Insurance contracts linked to pensions		0	0	0
Inventories		424	572	581
Rest other assets		1,510	1,941	3,220
Non-current assets or disposal groups classified as held for sale		1,061	85,987	3,079
Assets		662,885	733,797	695,471
Equity and Liabilities [Line Items]
Current financial liabilities at fair value through profit or loss, classified as held for trading		91,135	84,109	86,414
Derivative financial liabilities held for trading	[1]	31,705	41,680	34,066
Short positions held for trading		15,135	12,312	12,249
Deposits from central banks held for trading		11,248	6,277	7,635
Deposits from credit institutions held for trading		16,176	14,377	22,704
Customer deposits held for trading		16,870	9,463	9,761
Financial liabilities at fair value through profit or loss		9,683	10,050	10,010
Customer deposits at fair value		809	902	944
Debt certificates at fair value		3,396	4,531	4,656
Other financial liabilities at fair value		5,479	4,617	4,410
Financial liabilities at amortised cost		487,893	490,606	516,641
Liabilities due to central banks		47,351	45,177	25,950
Deposits from banks		19,834	27,629	28,751
Deposits from customers	[3]	349,761	342,661	384,219
Debt instruments issued		55,763	61,780	63,963
Other financial liabilities		15,183	13,358	13,758
Derivative financial liabilities held for hedging		2,626	2,318	2,233
Accumulated fair value hedge adjustment on hedged item included in carrying amount, liabilities		0	0	0
Insurance contracts issued that are liabilities		10,865	9,951	10,606
Provisions		5,889	6,141	6,538
Provisions for employee benefits		3,576	4,272	4,631
Other long term employees benefits		632	49	61
Legal proceedings provision		623	612	677
Provisions commitments and guarantees given		691	728	711
Other provisions	[4]	366	479	457
Tax liabilities		2,413	2,355	2,808
Current tax liabilities		644	545	880
Deferred tax liabilities		1,769	1,809	1,928
Other liabilities		3,621	2,802	3,742
Liabilities included in disposal groups classified as held for sale		0	75,446	1,554
Liabilities		614,125	683,777	640,546
Shareholders equity		60,383	58,904	58,950
Issued capital		3,267	3,267	3,267
Additional paid-in capital		3,267	3,267	3,267
Unpaid capital which has been called up		0	0	0
Share premium		23,599	23,992	23,992
Equity instruments issued other than capital		0	0	0
Other equity interest		60	42	56
Retained earnings		31,841	30,508	29,388
Revaluation surplus		0	0	0
Other reserves		(1,857)	(164)	(119)
Reserves or accumulated losses of investments in subsidaries joint ventures and associates		(247)	(164)	(119)
Other reserves other		(1,610)	0	0
Treasury shares		(647)	(46)	(62)
Profits or losses attributable to owners of the parent		4,653	1,305	3,512
Interim dividends		(532)	0	(1,084)
Accumulated other comprehensive income		(16,476)	(14,356)	(10,226)
Items that will not be reclassified to profit or loss		(2,075)	(2,815)	(1,875)
Actuarial gains or losses on defined benefit pension plans		(998)	(1,474)	(1,498)
Non-current assets and disposal groups classified as held for sale (not reclassified)		0	(65)	2
Share of other recognised income and expense of investments in subsidaries joint ventures and associates (not reclassified)		0	0	0
Other comprehensive income, net of tax, change in fair value of equity instruments measured at fair value with changes in other comprehensive income		(1,079)	(1,256)	(403)
Hedge ineffectiveness of fair value hedges for equity instruments measured at fair value through other comprehensive income		0	0	0
Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk		2	(21)	24
Items that may be reclassified to profit or loss		(14,401)	(11,541)	(8,351)
Hedge of net investments in foreign operations effective portion		(146)	(62)	(896)
Foreign currency translation		(14,988)	(14,185)	(9,147)
Hedging derivatives. Cash flow hedges effective portion		(533)	10	(44)
Changes in the fair value of debt instruments measured at fair value with changes in other comprehensive income		1,274	2,069	1,760
Hedging Instruments (not designated)		0	0	0
Non-current assets and disposal groups classified as held for sale may be reclassified		0	644	(18)
Share of other recognised income and expense of investments in subsidaries joint ventures and associates		(9)	(17)	(5)
Non-controlling interests		4,853	5,471	6,201
Accumulated other comprehensive income non controlling interest		(8,414)	(6,949)	(5,572)
Other non controlling interest items		13,267	12,421	11,773
Adjusted initial balance		48,760	50,020	54,925
Equity and liabilities		€ 662,885	€ 733,797	€ 695,471
[1]	(*) The variation in 2021 is mainly due to the evolution of interest rate derivatives at BBVA, S.A.
[2]	(*) The variation in 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
[3]	(*) Variation in 2020 is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
[4]	(**) Individually insignificant provisions or contingencies, for various concepts in different geographies.

Statement of comprehensive inco

Statement of comprehensive income, profit or loss, by function of expense (Statement) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Profit or loss [abstract]
Interest income	€ 23,015	€ 22,389	€ 27,762
Interest expense	(8,329)	(7,797)	(11,972)
Interest income (expense)	14,686	14,592	15,789
Dividend income	176	137	153
Share of profit (loss) of associates and joint ventures accounted for using equity method	1	(39)	(42)
Fee and commission income	6,997	5,980	6,786
Fee and commission expense	(2,232)	(1,857)	(2,284)
Gains or losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss net	134	139	186
Gains or losses on financial liabilities and liabilities held for trading net	341	777	419
Gains (losses) on financial assets at fair value through profit or loss, mandatorily measured at fair value	432	208	143
Gains or losses on financial assets and liabilities designated at fair value through profit or loss net	335	56	(98)
Gains (losses) on hedging instrument, fair value hedges	(214)	7	55
Gains (losses) on exchange differences on translation, net of tax	883	359	581
Miscellaneous other operating income	661	492	639
Miscellaneous other operating expense	2,041	1,662	1,943
Income arising from insurance contracts	2,593	2,497	2,890
Expense arising from insurance contracts	(1,685)	(1,520)	(1,751)
Gross profit	21,066	20,166	21,522
Administrative expenses	8,296	7,799	8,769
Employee benefits expense	(5,046)	(4,695)	(5,351)
Other expense, by function	3,249	3,105	3,418
Depreciation and amortisation expense	(1,234)	(1,288)	(1,386)
Provision or reversal of provisions	(1,018)	(746)	(614)
Impairment loss on financial assets	3,034	5,179	3,552
Impairment financial assets measured at cost	(3,017)	(5,160)	(3,470)
Impairment Financial Assets Measured At Fair Value Through Other Comprehensive Income	(17)	(19)	(82)
Profit (loss) from operating activities	7,484	5,153	7,202
Impairment or reversal of impairment investments in subsidiaries joint ventures and associates	0	(190)	(46)
Impairment or reversal of impairment on non financial assets	(221)	(153)	(128)
Impairment tangible assets	(161)	(125)	(94)
Impairment loss recognised in profit or loss, intangible assets other than goodwill	(19)	(19)	(12)
Other impairment non financial assets	(41)	(9)	(23)
Gains(losses) on derecognized of non financial assets and subsidiaries net	24	(7)	(5)
Negative goodwill recognised in profit and loss	0	0	0
Profit or loss from non current assets and disposal groups classified as held for sale not qualifying as discontinued operations	(40)	444	23
Profit (loss) before tax	7,247	5,248	7,046
Tax expense (income)	(1,909)	(1,459)	(1,943)
Profit (loss) from continuing operations	5,338	3,789	5,103
Profit (loss) from discontinued operations	280	(1,729)	(758)
Profit (loss)	5,618	2,060	4,345
Profit (loss), attributable to non-controlling interests	965	756	833
Profit (loss), attributable to owners of parent	€ 4,653	€ 1,305	€ 3,512
Basic earnings (loss) per share	€ 0.67	€ 0.14	€ 0.47
Basic earnings (loss) per share from continuing operations	0.63	0.40	0.58
Diluted earnings (loss) per share from continuing operations	0.63	0.40	0.58
Basic earnings (loss) per share from discontinued operations	0.04	(0.26)	(0.11)
Diluted earnings (loss) per share from discontinued operations	€ 0.04	€ (0.26)	€ (0.11)

Statement of comprehensive in_2

Statement of comprehensive income, OCI components presented before tax (Statement) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of comprehensive income [abstract]
Profit (loss)	€ 5,618	€ 2,060	€ 4,345
Other comprehensive income	(3,977)	(5,375)	(286)
Other comprehensive income that will not be reclassified to profit or loss, before tax	358	(822)	(584)
Other comprehensive income, before tax, gains (losses) on remeasurements of defined benefit plans	218	(88)	(364)
Non-current assests available for sale	(3)	17	2
Share of other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified to profit or loss, net of tax	0	0	0
Other comprehensive income, before tax, gains (losses) from investments in equity instruments	189	(796)	(229)
Other comprehensive income, before tax, gains (losses) on hedging instruments that hedge investments in equity instruments	0	0	0
Other comprehensive income, before tax, change in fair value of financial liability attributable to change in credit risk of liability	33	4	(133)
Income tax relating to components of other comprehensive income that will not be reclassified to profit or loss	(80)	40	140
Other comprehensive income that will be reclassified to profit or loss, before tax	(4,335)	(4,553)	298
Other comprehensive income, before tax, hedges of net investments in foreign operations	(117)	378	(687)
Gains (losses) on hedges of net investments in foreign operations, before tax	(117)	378	(687)
Reclassification adjustments on hedges of net investments in foreign operations, before tax	0	0	0
Other Reclassifications Comprehensive Income Before Tax Hedges Of Net Investments In Foreign Operations	0	0	0
Other comprehensive income, before tax, exchange differences on translation	(2,256)	(4,873)	(104)
Gains (losses) on exchange differences on translation, before tax	(2,239)	(4,873)	(123)
Reclassification adjustments on exchange differences on translation, before tax	(17)	0	1
assifications Comprehensive Income Before Tax Exchange Differences On Translation	0	0	18
Other comprehensive income, before tax, cash flow hedges	(691)	230	(203)
Gains (losses) on cash flow hedges, before tax	(553)	230	(193)
Reclassification adjustments on cash flow hedges, before tax	(137)	0	(10)
Amounts removed from equity and included in carrying amount of non-financial asset (liability) whose acquisition or incurrence was hedged highly probable forecast transaction, net of tax	0	0	0
Other reclassification comprehensive income before tax cash flow hedges	0	0	0
Other Comprehensive Income Before Tax Debt Instruments At Fair Value With Changes In Other Comprehensive Income	(1,139)	460	1,131
Gains (losses) on remeasuring available-for-sale financial assets, before tax	(1,082)	515	1,280
Reclassification adjustments on available-for-sale financial assets, before tax	(57)	(54)	(149)
Other reclassification comprehensive income before tax available for sale financial assets	0	0	0
Other comprehensive income before tax non current assets held for sale	(663)	(492)	461
Gains (losses) on non current assets held for sale	(30)	(472)	472
Reclassification adjustments on non current assets held for sale	(633)	(20)	0
Other Reclassifications Comprehensive Income Before Tax Non Current Assets Held For Sale	0	0	(11)
Share of other comprehensive income of associates and joint ventures accounted for using equity method that will be reclassified to profit or loss, before tax	8	(13)	31
Income tax relating to components of other comprehensive income that will be reclassified to profit or loss	523	(243)	(332)
Comprehensive income	1,640	(3,315)	4,060
Comprehensive income, attributable to non-controlling interests	(500)	(606)	552
Comprehensive income, attributable to owners of parent	€ 2,141	€ (2,709)	€ 3,509

Statement of changes in equity

Statement of changes in equity (Statement) - EUR (€) € in Millions	Total	Issued capital [member]	Share premium [member]	Equity Instruments Issued Other Than Capital [Member]	Other equity interest [member]	Retained earnings [member]	Revaluation surplus [member]	Other reserves [member]	Treasury shares [member]	Equity attributable to owners of parent [member]	Interim dividends [Member]	Accumulated other comprehensive income [member]	Other comprehensive income non controlling interest [Member]	Rest of non controlling interest [Member]
Equity at beginning of period (Previously stated [member]) at Dec. 31, 2018	€ 52,874	€ 3,267	€ 23,992	€ 0	€ 50	€ 23,017	€ 3	€ (56)	€ (296)	€ 5,324	€ (975)	€ (7,216)	€ (3,236)	€ 9,000
Equity at beginning of period (Increase (decrease) due to changes in accounting policy [member]) at Dec. 31, 2018	0	0	0	0	0	3,046	0	19	0	76	(134)	(3,007)	(2,054)	2,054
Equity at beginning of period at Dec. 31, 2018	52,874	3,267	23,992	0	50	26,063	3	(37)	(296)	5,400	(1,109)	(10,223)	(5,290)	11,054
Changes in equity [abstract]
Comprehensive income	4,060	0	0	0	0	0	0	0	0	3,512	0	(3)	(282)	833
Changes in equity other than total income or expense recognized	(2,009)	0	0	0	6	3,325	(3)	(82)	234	(5,400)	25	0	0	(114)
Issue of equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issue of preferred shares	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance of other equity instruments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Period or maturity of other issued equity instruments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Increase (decrease) through conversion of convertible instruments, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Decrease through other distributions to owners, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends recognised as distributions to owners	(2,289)	0	0	0	0	(1,063)	0	0	0	0	(1,084)	0	0	(142)
Purchase of treasury shares	(1,088)	0	0	0	0	0	0	0	(1,088)	0	0	0	0	0
Sale or issue of treasury shares	1,335	0	0	0	0	13	0	0	1,322	0	0	0	0	0
Equity reclassified into financial liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Financial liabilities reclassified into equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Increase (decrease) through transactions with owners, equity	0	0	0	0	0	4,364	(3)	(70)	0	(5,400)	1,109	0	0	0
Increase (decrease) through acquisition of subsidiary, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Adjustments for share-based payments	(4)	0	0	0	(4)	0	0	0	0	0	0	0	0	0
Increase (decrease) through other changes, equity	37	0	0	0	10	11	0	(12)	0	0	0	0	0	28
Equity at end of period (Previously stated [member]) at Dec. 31, 2019	54,925	3,267	23,992	0	56	26,402	0	(125)	(62)	3,512	(1,084)	(7,234)	(3,527)	9,728
Equity at end of period (Increase (decrease) due to changes in accounting policy [member]) at Dec. 31, 2019	0	0	0	0	0	2,986	0	6	0	0	0	(2,992)	(2,045)	2,045
Equity at end of period at Dec. 31, 2019	54,925	3,267	23,992	0	56	29,388	0	(119)	(62)	3,512	(1,084)	(10,226)	(5,572)	11,773
Changes in equity [abstract]
Comprehensive income	(3,315)	0	0	0	0	0	0	0	0	1,305	0	(4,014)	(1,361)	755
Changes in equity other than total income or expense recognized	(1,590)	0	0	0	(14)	1,120	0	(45)	16	(3,512)	1,084	(116)	(16)	(107)
Issue of equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issue of preferred shares	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance of other equity instruments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Period or maturity of other issued equity instruments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Increase (decrease) through conversion of convertible instruments, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Decrease through other distributions to owners, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends recognised as distributions to owners	(1,190)	0	0	0	0	(1,066)	0	0	0	0	0	0	0	(124)
Purchase of treasury shares	(807)	0	0	0	0	0	0	0	(807)	0	0	0	0	0
Sale or issue of treasury shares	823	0	0	0	0	0	0	0	823	0	0	0	0	0
Equity reclassified into financial liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Financial liabilities reclassified into equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Increase (decrease) through transactions with owners, equity	0	0	0	0	0	2,585	0	(41)	0	(3,512)	1,084	(116)	(16)	16
Increase (decrease) through acquisition of subsidiary, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Adjustments for share-based payments	(22)	0	0	0	(22)	0	0	0	0	0	0	0	0	0
Increase (decrease) through other changes, equity	(394)	0	0	0	8	(399)	0	(4)	0	0	0	0	0	1
Equity at end of period (Previously stated [member]) at Dec. 31, 2020	50,020	3,267	23,992	0	42	30,508	0	(164)	(46)	1,305	0	(14,356)	(6,949)	12,421
Equity at end of period (Increase (decrease) due to changes in accounting policy [member]) at Dec. 31, 2020	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity at end of period at Dec. 31, 2020	50,020	3,267	23,992	0	42	30,508	0	(164)	(46)	1,305	0	(14,356)	(6,949)	12,421
Changes in equity [abstract]
Comprehensive income	1,640	0	0	0	0	0	0	0	0	4,653	0	(2,512)	(1,465)	965
Changes in equity other than total income or expense recognized	(2,900)	0	(393)	0	17	1,333	0	(1,693)	(600)	(1,305)	(532)	391	0	(119)
Issue of equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issue of preferred shares	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance of other equity instruments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Period or maturity of other issued equity instruments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Increase (decrease) through conversion of convertible instruments, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Decrease through other distributions to owners, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends recognised as distributions to owners	(1,045)	0	(393)	0	0	0	0	0	0	0	(532)	0	0	(119)
Purchase of treasury shares	(1,022)	0	0	0	0	0	0	0	(1,022)	0	0	0	0	0
Sale or issue of treasury shares	438	0	0	0	0	0	0	17	421	0	0	0	0	0
Equity reclassified into financial liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Financial liabilities reclassified into equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Increase (decrease) through transactions with owners, equity	0	0	0	0	0	1,693	0	(780)	0	(1,305)	0	391	0	0
Increase (decrease) through acquisition of subsidiary, equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Adjustments for share-based payments	(11)	0	0	0	(11)	0	0	0	0	0	0	0	0	0
Increase (decrease) through other changes, equity	(1,260)	0	0	0	28	(360)	0	(930)	0	0	0	0	0	1
Equity at end of period at Dec. 31, 2021	€ 48,760	€ 3,267	€ 23,599	€ 0	€ 60	€ 31,841	€ 0	€ (1,857)	€ (647)	€ 4,653	€ (532)	€ (16,476)	€ (8,414)	€ 13,267

Statement of cash flows, indire

Statement of cash flows, indirect method (Statement) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of cash flows [Line Items]
Cash flows from (used in) operating activities		€ (1,242)	€ 39,349	€ (10,654)
Profit (loss)		5,618	2,060	4,345
Adjustments to reconcile profit (loss)		7,688	11,653	9,582
Adjustments for depreciation expense		1,234	1,288	1,386
Other adjustments to reconcile profit (loss)		6,454	10,365	8,196
Net increase decrease in operating assets		(38,267)	(57,370)	(37,127)
Adjustments for decrease (increase) in financial assets held for trading		(17,031)	(10,351)	(9,604)
Non tradign financial assets mandatorily at fair value through profit or loss operating assets		(908)	(241)	(318)
Adjustments For Decrease Increase In Other Financial Assets Designated At Fair Value Through Profit Or Loss		25	97	99
Adjustments For Decrease Increase In Financial Assets At Fair Value Through Other Comprehensive Income		7,116	(16,649)	(3,755)
Adjustments For Decrease Increase In Financial Assets At Amortised Cost		(28,062)	(30,212)	(26,559)
Adjustments for decrease (increase) in other assets		592	(15)	3,010
Net increase Decrease in operating liabilities		25,266	84,961	14,148
Adjustments for increase (decrease) in financial liabilities held for trading		6,479	247	6,001
Other financial liabilities designated at fair value through profit or loss operating activities		(837)	647	2,680
Financial liabilities at amortized cost operating activities		19,682	84,853	8,016
Adjustments for increase (decrease) in other liabilities		(58)	(787)	(2,549)
Income taxes paid (refund), classified as operating activities		(1,546)	(1,955)	(1,602)
Cash flows from (used in) investing activities		(1,634)	(37)	97
Outflows of cash from investing activities		(12,472)	(1,185)	(1,494)
Purchase of property, plant and equipment, classified as investing activities		(396)	(632)	(852)
Purchase of intangible assets, classified as investing activities		(550)	(491)	(528)
Other cash payments to acquire interests in joint ventures, classified as investing activities		(50)	(62)	(114)
Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities		0	0	0
Purchase Of Non Current Assets And Liabilities Held For Sale Classified As Investing Activities		(11,476)	0	0
Other Outflows Of Cash Classified As Investing Activities		0	0	0
Inflows of cash from investing activities		10,838	1,148	1,592
Proceeds from sales of property, plant and equipment		78	558	128
Proceeds from sales of intangible assets		0	0	0
Other cash receipts from sales of interests in joint ventures		80	307	98
Cash flows from losing control of subsidiaries or other businesses		10	0	5
Proceeds from disposal of non-current assets or disposal groups classified as held for sale and discontinued operations		10,670	283	1,198
Proceeds From Other Collections Related To Investing Activities		0	0	162
Cash flows from (used in) financing activities		(4,349)	(2,069)	(2,703)
Investments in Financing Activities		(4,786)	(5,316)	(7,418)
Dividends paid, classified as financing activities		(926)	(1,065)	(2,147)
Repayments of subordinated liabilities		(2,301)	(2,820)	(3,571)
Payments ForTreasury Stock Amortization		0	0	0
Payments For Treasury Stock Acquisition		(1,022)	(807)	(1,088)
Other Outflows Of Cash Classified As Financing Activities		(538)	(624)	(612)
Disinvestments In Financing Activities		438	3,247	4,716
Proceeds from issue of subordinated liabilities		0	2,425	3,381
Proceeds from issuing shares		0	0	0
Proceeds From Treasury Stock Disposal		438	822	1,335
Other Inflows Of Cash Classified As Financing Activities		0	0	0
Effect of exchange rate changes on cash and cash equivalents		(1,864)	(4,658)	(634)
Increase decrease in cash and cash equivalents including companies held for sale		(9,089)	32,585	(13,893)
Cash and cash equivalents including balance of companies for sale		76,888	44,303	58,196
Cash and cash equivalents including balance of companies for sale		67,799	76,888	44,303
Components of cash and cash equivalents at the end of the period [Line Items]
Cash		6,877	6,447	7,060
Cash and bank balances at central banks	[1]	55,004	53,079	31,756
Other financial assets		5,918	5,994	5,488
Bank overdrafts		0	0	0
Cash and cash equivalents at end of period		67,799	65,520	44,303
Total cash and cash equivalents classified as non current assets and disposable groups classified as held for sale in usa		€ 0	€ 11,368	€ 0
[1]	(*) The variation in 2020 with respect to 2019 is mainly due to an increase in balances of BBVA, S.A. at the Bank of Spain.

Statement of financial positi_2

Statement of financial position, order of liquidity (Parentheticals) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of financial position [abstract]
Memorandum loan commitments given	€ 119,618	€ 132,584	€ 130,923
Financial guarantees given Memorandum	11,720	10,665	10,984
Memorandum other commitments given	34,604	36,190	39,209
Memorandum item subordinated liabilities at amortised cost	14,808	16,488	18,018
Subordinated liabilities at fair value memorandum item	€ 0	€ 0	€ 0

Note 1

Note 1	12 Months Ended
	Dec. 31, 2021
Introduction Basis For The Presentation Of The Consolidated Financial Statements Internal Control Of Financial Information And Other Information [Abstract]
Disclosure of Introduction Basis For The Presentation Of The Consolidated Financial Statements Internal Control Of Financial Information And Other Information [Text Block]	Introduction, basis for the presentation of the Consolidated Financial Statements, Internal Control over Financial Reporting and other information Introduction Banco Bilbao Vizcaya Argentaria, S.A. (hereinafter “the Bank”, “BBVA" or “BBVA, S.A.”) is a private-law entity subject to the laws and regulations governing banking entities operating in Spain. It carries out its activity through branches and agencies across the country and abroad. The Bylaws and other public information are available for inspection at the Bank’s registered address (Plaza San Nicolás, 4 Bilbao) as noted on its web site (www.bbva.com). In addition to the activities it carries out directly, the Bank heads a group of subsidiaries, joint ventures and associates which perform a wide range of activities and which together with the Bank constitute the Banco Bilbao Vizcaya Argentaria Group (hereinafter, the “Group” or the “BBVA Group”). In addition to its own separate financial statements, the Bank is required to prepare Consolidated Financial Statements comprising all consolidated subsidiaries of the Group. As of December 31, 2021, the BBVA Group had 205 consolidated entities and 45 entities accounted for using the equity method (see Notes 3 and 16 and Appendix I to V). The Consolidated Financial Statements of the BBVA Group for the year ended December 31, 2021, have been authorized for issue on March 4, 2022. The BBVA Group’s Consolidated Financial Statements are presented in compliance with IFRS-IASB (International Financial Reporting Standards as issued by the International Accounting Standards Board), as well as in accordance with the International Financial Reporting Standards endorsed by the European Union (“EU-IFRS”) applicable as of December 31, 2021, considering the Bank of Spain Circular 4/2017, and with any other legislation governing financial reporting which is applicable and with the format and mark-up requirements established in the EU Delegated Regulation 2019/815 of the European Commission. The BBVA Group’s accompanying Consolidated Financial Statements for the year ended December 31, 2021 were prepared by the Group’s Directors (through the Board of Directors meeting held on February 9, 2022) by applying the principles of consolidation, accounting policies and valuation criteria described in Note 2, so that they present fairly the Group’s total consolidated equity and financial position as of December 31, 2021, together with the consolidated results of its operations and cash flows generated during the year ended December 31, 2021. These Consolidated Financial Statements were prepared on the basis of the accounting records kept by the Bank and each of the other entities in the Group. Moreover, they include the adjustments and reclassifications required to harmonize the accounting policies and valuation criteria used by the Group (see Note 2.2). All effective accounting standards and valuation criteria with a significant effect in the Consolidated Financial Statements were applied in their preparation. The amounts reflected in the accompanying Consolidated Financial Statements are presented in millions of euros, unless it is more appropriate to use smaller units. Some items that appear without a balance in these Consolidated Financial Statements are due to how the units are expressed. Also, in presenting amounts in millions of euros, the accounting balances have been rounded up or down. It is therefore possible that the totals appearing in some tables are not the exact arithmetical sum of their component figures. The percentage changes in amounts have been calculated using figures expressed in thousands of euros. The information included in the accompanying consolidated financial statements for the years ended December 31, 2020 and 2019, is presented in accordance with the applicable regulation, for the purpose of comparison with the information for the year ended December 31, 2021. Sale of BBVA’s U.S. subsidiary As mentioned in Note 3, in 2020, BBVA reached an agreement to sell its entire stake in BBVA USA Bancshares, Inc., which in turn owned all the capital stock of the bank BBVA USA, as well as other companies of the BBVA Group in the United States with activities related to this banking business. On June 1, 2021 and once the mandatory authorizations had been obtained, BBVA completed this sale (the USA Sale). As required by IFRS 5 "Non-current assets held for sale and discontinued operations", the balances of assets and liabilities corresponding to such companies for sale were reclassified from their corresponding accounting headings to the headings "Non-current assets and disposal groups classified as held for sale” and “Liabilities included in disposal groups classified as held for sale” respectively, in the consolidated balance sheet as of December 31, 2020. Similarly, as required by the aforementioned IFRS 5, the results generated by these companies for the first five months of 2021 and for 2020 are presented in the heading “Profit (loss) after tax from discontinued operations” of the consolidated income statement for such period, and in the heading "Non-current assets and disposal groups classified as held for sale" of the consolidated statements of recognized income and expense for 2021 and 2020, respectively. Additionally, the results corresponding to the year ended December 31, 2019 were reclassified, to facilitate the comparison between periods, to those same headings of the consolidated income statement and consolidated statement of recognized income and expense for that year. Finally, the total consideration received in cash for the USA Sale has been recorded under the heading of “Divestments - Non-current assets classified as held for sale and associated liabilities” of the consolidated statements of cash flows for the year ended December 31, 2021. Note 21 shows a breakdown of the financial information of the companies sold in the United States for the dates and periods indicated. (Reverse) Repurchase Agreements Recognition Beginning in 2021, certain repurchase agreements and reverse repurchase agreements began to be presented on a net basis in the consolidated balance sheet. In order to make the information as of December 31, 2020 and 2019 comparable with the information as of December 31, 2021, the information as of December 31, 2020 and 2019 was adjusted by reducing Total assets and Total liabilities by €2,379 and €2,266 million in 2020 and 2019, respectively. Management and impacts of the COVID-19 pandemic In 2020, the COVID-19 pandemic had adverse effects on the Group's results and capital base. During 2021, the pandemic has continued to evolve with gradual improvements in the global economic conditions, mainly due to the vaccination progress against the coronavirus and the significant economic stimuli adopted by authorities, which have supported the improvement in the 2021 results of the Group. However, there are still uncertainties about the future final impact of the COVID-19 pandemic, mainly in consideration of the increasing number of infections caused by new variants of the coronavirus. The Group continuously monitors these changes and their impacts on the business. The main impacts of COVID-19 pandemic in the BBVA Group's Consolidated Financial Statements are detailed in the following Notes: – Note 1.6 includes information on the consideration of the COVID-19 pandemic in the estimates made. – Note 7.1 details the main risks associated with the pandemic as well as information on its evolution and its impact in the macroeconomic forecasts. – Note 7.2 includes information related to the initiatives carried out by the Group to help the most affected clients, jointly with the corresponding government measures. Likewise, it contains, among others, information regarding the level of activity and the amount corresponding to moratorium measures, both public and private, granted by the Group worldwide. Additionally, the measures applied to the treatment of forward looking information used in the calculation of expected losses are detailed. – Note 7.5 presents information regarding the impact on liquidity and funding risk. – Note 18.1 includes information concerning the impairment of the goodwill in the United States recorded during the first quarter of 2020, mainly due to the impact of COVID-19 in updating the macroeconomic scenario and the expected evolution of interest rates. – Note 47 includes information on the impact of the update of the macroeconomic scenario affected by the COVID-19 pandemic mainly during the year ended December 31, 2020. The information contained in the BBVA Group’s Consolidated Financial Statements is the responsibility of the Group’s Directors. Estimates were required to be made at times when preparing these Consolidated Financial Statements in order to calculate the recorded or disclosed amount of some assets, liabilities, income, expense and commitments. These estimates relate mainly to the following: – Loss allowances on certain financial assets (see Notes 7, 12, 13, 14 and 16). – The assumptions used to quantify certain provisions (see Notes 23 and 24) and for the actuarial calculation of post-employment benefit liabilities and commitments (see Note 25). – The useful life and impairment losses of tangible and intangible assets (see Notes 17, 18, and 21) – The valuation of goodwill and price allocation of business combinations (see Note 18). – The fair value of certain unlisted financial assets and liabilities (see Notes 7, 8, 10, 11, 12 and 13). – The recoverability of deferred tax assets (see Note 19). As mentioned above, in 2021, the pandemic has continued to evolve with gradual improvements in the global economic conditions, although there is still uncertainty about the final future impact (see Note 1.5). The increased uncertainty associated with the unprecedented nature of this pandemic has entailed greater complexity in developing reliable estimates and applying judgment. Therefore, these estimates were made on the basis of the best available information on the matters analyzed, as of December 31, 2021. However, it is possible that events may take place in the future which could make it necessary to amend these estimations (upward or downward). Any such changes would be recorded prospectively, recognizing the effects of the change in estimation in the corresponding consolidated financial statements. During 2021 there have been no significant changes in the estimates made as of December 31, 2020 and 2019, with the exception of those indicated in these Consolidated Financial Statements. BBVA Group’s Consolidated Financial Statements are prepared under an Internal Control over Financial Reporting Model (ICFR). It provides reasonable assurance with respect to the reliability and the integrity of the consolidated financial statements. It is also aimed to support that the transactions are processed in accordance with the applicable laws and regulations. The ICFR model is compliant with the control framework established in 2013 by the “Committee of Sponsoring Organizations of the Treadway Commission” (hereinafter, "COSO"). The COSO 2013 framework sets out five components that constitute the basis of the effectiveness and efficiency of the internal control systems: – The establishment of an appropriate control framework. – The assessment of the risks that could arise during the preparation of the financial information. – The design of the necessary controls to mitigate the identified risks. – The establishment of an appropriate system of information to detect and report system weaknesses. – The monitoring over the controls to support they perform correctly and are effective over time. The ICFR model is a dynamic model that continuously evolves over time to reflect the reality of the BBVA Group’s businesses and processes, as well as the risks and controls designed to mitigate them. It is subject to a continuous evaluation by the internal control units located in the different entities of BBVA Group. These control units are integrated within the BBVA internal control model, defined and led by Regulation & Internal Control, and which is based in two pillars: – A control system organized into three lines of defense that has been updated and strengthened, as described below: a. The first line of defense (1LoD) is located within the business and support units, which are responsible for identifying risks associated with their processes, as well as for implementing and executing the necessary controls to mitigate them. The Risk Control Assurer (RCA) role was created to reinforce the adequate risk management in each area’s processes b. The second line of defense (2LoD) comprises the specialized control units for each type of risk (Risk Control Specialists - RCS- among others Finance, Legal, IT, Third Party, Compliance or Processes). This second line defines the mitigation and control frameworks for their areas of responsibility across the entire organization and performs challenge to the control model (supervises the implementation and design of the controls and assesses their effectiveness). c. The third line of defense (3LoD) is the Internal Audit unit, which conducts an independent review of the model, verifying the compliance and effectiveness of the model. – A committee structure in the Group, called Corporate Assurance, which enables the escalation of possible weaknesses and internal control issues to the management at a Group level and also in each of the countries where the Group operates. The Internal Control Finance (RCS Finance) units within Finance comply with a common and standard methodology established at the Group level, as set out in the following diagram: The ICFR model is subject to annual evaluations by the Group’s Internal Audit Unit. It is also supervised by the Audit Committee of the Bank’s Board of Directors. The BBVA Group is also required to comply with the Sarbanes-Oxley Act (hereafter “SOX”) as a registered company with the U.S. Securities and Exchange Commission (“SEC”). The main senior executives of the Group are involved in the design, compliance and implementation of the internal control model to make it effective and to support the quality and accuracy of the financial information.

Note 2

Note 2	12 Months Ended
	Dec. 31, 2021
Principles Of Consoldiation, Acounting policies and measurement bases applied and recent IFRS pronouncements [Abstract]
Disclosure of principles of consolidation, accounting policies and measurement bases applied and recent IFRS pronouncements [Text Block]	Principles of consolidation, accounting policies and measurement bases applied and recent IFRS pronouncementsThe Glossary includes the definition of some of the financial and economic terms used in Note 2 and subsequent Notes of the accompanying Consolidated Financial Statements.Principles of consolidation In terms of its consolidation, in accordance with the criteria established by IFRS, the BBVA Group is made up of four types of entities: subsidiaries, joint ventures, associates and structured entities, defined as follows: – Subsidiaries Subsidiaries are entities controlled by the Group (for definition of control, see Glossary). The financial statements of the subsidiaries are fully consolidated with those of the Bank. The share of non-controlling interests from subsidiaries in the Group’s consolidated total equity is presented under the heading “Minority interests (Non-controlling interests)” in the consolidated balance sheet. Their share in the profit or loss for the period or year is presented under the heading “Attributable to minority interest (non-controlling interests)” in the accompanying consolidated income statement (see Note 31). Note 3 includes information related to the main subsidiaries in the Group as of December 31, 2021, 2020 and 2019. Appendix I includes other significant information on all entities. – Joint ventures Joint ventures are those entities for which there is a joint control arrangement with third parties other than the Group (for definitions of joint arrangement, joint control and joint venture, refer to Glossary). The investments in joint ventures are accounted for using the equity method (see Note 16). Appendix II shows the main figures for joint ventures accounted for using the equity method as of December 31, 2021. – Associates Associates are entities in which the Group is able to exercise significant influence (for definition of significant influence, see Glossary). Significant influence is deemed to exist when the Group owns 20% or more of the voting rights of an investee directly or indirectly, unless it can be clearly demonstrated that this is not the case. Certain entities in which the Group owns 20% or more of the voting rights are not included as Group associates, since the Group does not have the ability to exercise significant influence over these entities. Investments in these entities, which do not represent material amounts for the Group, are classified as “Financial assets at fair value through other comprehensive income” or “Non-trading financial assets mandatorily at fair value through profit or loss”. In contrast, some investments in entities in which the Group holds less than 20% of the voting rights are accounted for as Group associates, as the Group is considered to have the ability to exercise significant influence over these entities. As of December 31, 2021, 2020 and 2019, these entities are not significant to the Group. Appendix II shows the most significant information related to the associates (see Note 16), which are accounted for using the equity method. – Structured Entities A structured entity is an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when the voting rights relate to administrative matters only and the relevant activities are directed by means of contractual arrangements (see Glossary). In those cases where the Group sets up entities or has a holding in such entities, in order to allow its customers access to certain investments, to transfer risks or for other purposes, in accordance with internal criteria and procedures and with applicable regulations, the Group determines whether control over the entity in question actually exists and therefore whether it should be subject to consolidation. Such methods and procedures determine whether there is control by the Group, considering how the decisions are made about the relevant activities, assessing whether the Group has control over the relevant elements, exposure to variable returns from involvement with the investee and the ability to use control over the investee to affect the amount of the investor’s returns. – Structured entities subject to consolidation To determine if a structured entity is controlled by the Group, and therefore should be consolidated into the Group, the existing contractual rights (different from the voting rights) are analyzed. For this reason, an analysis of the structure and purpose of each investee is performed and, among others, the following factors will be considered: a. Evidence of the current ability to manage the relevant activities of the investee according to the specific business needs (including any decisions that may arise only in particular circumstances). b. Potential existence of a special relationship with the investee. c. Implicit or explicit Group commitments to support the investee. d. The ability to use the Group´s power over the investee to affect the amount of the Group’s returns. These types of entities include cases where the Group has a high exposure to variable returns and retains decision-making power over the investee, either directly or through an agent. The main structured entities of the Group are the asset securitization funds, to which the BBVA Group transfers loans and advances, and other vehicles, which allow the Group’s customers to gain access to certain investments or to allow for the transfer of risks or for other purposes (see Appendices I and V). The BBVA Group maintains the decision-making power over the relevant activities of these vehicles and financial support through securitized market standard contracts. The most common ones are: investment positions in equity note tranches, funding through subordinated debt, credit enhancements through derivative instruments or liquidity lines, management rights of defaulted securitized assets, “clean-up” call derivatives, and asset repurchase clauses by the grantor. For these reasons, the loans and receivable portfolios related to the vast majority of the securitizations carried out by the Bank or Group subsidiaries are not derecognized in the books of said entity and the issuances of the related debt securities are recorded as liabilities within the Group’s consolidated balance sheet. For additional information on the accounting treatment for the transfer and derecognition of financial instruments, see Note 2.2.2. “Transfers and derecognition of financial assets and liabilities”. – Non-consolidated structured entities The Group owns other vehicles also for the purpose of allowing customers access to certain investments, to transfer risks, and for other purposes, but without the Group having control of the vehicles, which are not consolidated in accordance with IFRS 10 – “Consolidated Financial Statements”. The balance of assets and liabilities of these vehicles is not material in relation to the Group’s Consolidated Financial Statements. As of December 31, 2021, 2020 and 2019, there was no material financial support from the Bank or its subsidiaries to unconsolidated structured entities. The Group does not consolidate any of the mutual funds it manages since the necessary control conditions are not met. Particularly, the BBVA Group does not act as arranger but as agent since it operates the mutual funds on behalf and for the benefit of investors or parties (arranger or arrangers) and, for this reason it does not control the mutual funds when exercising its authority for decision making. The mutual funds managed by the Group are not considered structured entities (generally, retail funds without corporate identity over which investors have participations which gives them ownership of said managed equity). These funds are not dependent on a capital structure that could prevent them from carrying out activities without additional financial support, being in any case insufficient as far as the activities themselves are concerned. Additionally, the risk of the investment is absorbed by the fund participants, and the Group is only exposed when it becomes a participant, and as such, there is no other risk for the Group. In all cases, the operating results of equity method investees acquired by the BBVA Group in a particular period only include the period from the date of acquisition to the financial statements date. Similarly, the results of entities disposed of during any year only include the period from the start of the year to the date of disposal. The consolidated financial statements of subsidiaries, associates and joint ventures used in the preparation of the Consolidated Financial Statements of the Group have the same presentation date as the Consolidated Financial Statements. If financial statements at those same dates are not available, the most recent will be used, as long as these are not older than three months, and adjusted to take into account the most significant transactions. As of December 31, 2021, financial statements as of December 31 of all Group entities were utilized except for the case of the consolidated financial statements of six associates deemed non-significant for which financial statements as of November 30, 2021 were used. The accounting principles and policies and the valuation methods applied in the preparation of the consolidated financial statements may differ from those used, at the individual level, by some of the entities that are part of the BBVA Group; This is why, in the consolidation process, the necessary adjustments and reclassifications are made to standardize such principles and criteria among themselves and bring them into line with the IFRS-IASB. In preparing the accompanying Consolidated Financial Statements, the following accounting principles and policies and assessment criteria have been applied: IFRS 9 became effective as of January 1, 2018 and replaced IAS 39 regarding the classification and measurement of financial assets and liabilities, the impairment of financial assets and hedge accounting. However, the Group has chosen to continue applying IAS 39 for accounting for hedges as permitted by IFRS 9. Classification and measurement of financial assets Classification of financial assets IFRS 9 contains three main categories for financial assets classification: measured at amortized cost, measured at fair value with changes through other comprehensive income, and measured at fair value through profit or loss. The classification of financial instruments in the categories of amortized cost or fair value depends on the business model with which the entity manages the assets and the contractual characteristics of the cash flows, commonly known as the "solely payments of principal and interest" criterion (hereinafter, the SPPI). The assessment of the business model should reflect the way the Group manages groups of financial assets and does not depend on the intention for an individual instrument. Thus, for each entity within the BBVA Group there are different business models for managing assets. In order to determine the business model, the following aspects are taken into account: – The way in which the performance of the business model (and that of the assets which comprise such business model) is evaluated and reported to the entity's key personnel; – The risks and the way in which the risks that affect the performance of the business model are managed; – The way in which business model managers are remunerated; – The frequency, amount and timing of sales in previous years, the reasons for such sales and expectations regarding future sales. Regarding the SPPI test, the analysis of the cash flows aims to determine whether the contractual cash flows of the assets correspond only to payments of principal and interest on the principal amount outstanding at the beginning of the transaction. Interest is understood here as the consideration for the time value of money; and for the credit risk associated with the principal amount outstanding during a specific period; and for financing and structure costs, plus a profit margin. The most significant judgments used by the Group in evaluating compliance with the conditions of the SPPI test are the following: – Modified time value: in the event that a financial asset includes a periodic interest rate adjustment but the frequency of this adjustment does not coincide with the term of the reference interest rate (for example, the interest rate reset every six months to a one-year rate), the Group assesses, at the time of the initial recognition, this mismatch to determine whether the contractual cash flows (undiscounted) differ significantly or not from the cash flows (undiscounted) of a benchmark financial asset, for which there would be no change in the time value of money. The defined tolerance thresholds are 10% for the differences in each period and 5% for the analysis accumulated throughout the financial asset life. – Contractual clauses: The contractual clauses that can modify the calendar or the amount of the contractual cash flows are analyzed to verify if the contractual cash flows that would be generated during the life of the instrument due to the exercise of those clauses are only payments of principal and interest on the principal amount outstanding. To do this, the contractual cash flows that may be generated before and after the modification are analyzed. The main criteria taken into account in the analysis are: a. Early termination clauses: generally a contractual clause that permits the debtor to prepay a debt instrument before maturity is consistent with SPPI when the prepayment amount substantially represents unpaid amounts of principal and interest on the principal amount outstanding (which may include reasonable additional compensation for the early termination of the contract). b. Instruments with an interest rate linked to contingent events: – An instrument whose interest rate is reset to a higher rate if the debtor misses a particular payment may meet the SPPI criterion because of the relationship between missed payments and an increase in credit risk. – An instrument with contractual cash flows that are indexed to the debtor’s performance – e.g. net income or is adjusted based on a certain index or stock market value would not meet the SPPI criterion. c. Perpetual instruments: to the extent that they can be considered instruments with continuous (multiple) extension options, they meet the SPPI test if the contractual flows meet it. When the issuer can defer the payment of interest, if such payment would affect their solvency, they would meet the SPPI test if the deferred interest accrues additional interest, while if they do not, they would not meet the test. – Non-recourse financial instruments: In the case of debt instruments that are repaid primarily with the cash flows of specific assets or projects and the debtor has no legal responsibility, the underlying assets or cash flows are evaluated to determine whether the contractual cash flows of the instrument are consistent with payments of principal and interest on the principal amount outstanding. a. If the contractual terms do not give rise to additional cash flows to payments of principal and interest on the amount of principal outstanding or limitations to these payments, the SPPI test is met. b. If the debt instrument effectively represents an investment in the underlying assets and its cash flows are inconsistent with principal and interest (because they depend on the performance of a business), the SPPI test is not met. – Contractually linked instruments: a look-through analysis is carried out in the case of transactions that are set through the issuance of multiple financial instruments forming tranches that create concentrations of credit risk in which there is an order of priority that specifies how the flows of cash generated by the underlying set of financial instruments are allocated to the different tranches. The debt tranches of the instrument will comply with the requirement that their cash flows represent only payment of principal and interest on the outstanding principal if: a. The contractual terms of the tranche being assessed for classification (without looking through to the underlying pool of financial instruments) give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding, b. The underlying pool of financial instruments comprises instruments with cash flow that are solely payments of principal and interest on the principal amount outstanding, and c. The exposure to credit risk in the underlying pool of financial instruments inherent in the tranche is equal to or lower than the exposure to credit risk of the underlying pool of financial instruments (for example, the credit rating of the tranche being assessed for classification is equal to or higher than the credit rating that would apply to a single tranche that funded the underlying pool of financial instruments). In any event, the contractual conditions that, at the time of the initial recognition, have a minimal effect on cash flows or depend on the occurrence of exceptional and highly unlikely events do not prevent compliance with the conditions of the SPPI test. Based on the above characteristics, financial assets will be classified and valued as described below. A debt instrument will be classified in the amortized cost portfolio if the two following conditions are fulfilled: – The financial asset is managed within a business model whose purpose is to maintain the financial assets to maturity, to receive contractual cash flows; and – The contractual conditions of the financial asset give rise to cash flows that are only payments of principal and interest. A debt instrument will be classified in the portfolio of financial assets at fair value with changes through other comprehensive income if the two following conditions are fulfilled: – The financial asset is managed with a business model whose purpose combines collection of the contractual cash flows and sale of the assets, and – The contractual characteristics of the instrument generate cash flows which only represent the return of the principal and interest. A debt instrument will be classified at fair value with changes in profit and loss provided that the entity's business model for their management or the contractual characteristics of its cash flows do not require classification into one of the portfolios described above. In general, equity instruments will be measured at fair value through profit or loss. However the Group may make an irrevocable election, at initial recognition to present subsequent changes in the fair value through “other comprehensive income”. Financial assets will only be reclassified when BBVA Group decides to change the business model. In this case, all of the financial assets assigned to this business model will be reclassified. The change of the objective of the business model should occur before the date of the reclassification. Measurement of financial assets All financial instruments are initially recognized at fair value, plus, those transaction costs which are directly attributable to the issue of the particular instrument, with the exception of those financial assets which are classified at fair value through profit or loss. All changes in the value of financial assets due to the interest accrual and similar items are recorded in the headings "Interest and other income" or "Interest expense", of the consolidated income statement of the year in which the accrual occurred (see Note 37), except for trading derivatives that are not economic and accounting hedges. The changes in fair value after the initial recognition, for reasons other than those mentioned in the preceding paragraph, are treated as described below, according to the categories of financial assets. “Financial assets held for trading”, “Non-trading financial assets mandatorily at fair value through profit or loss” and “Financial assets designated at fair value through profit or loss” Financial assets are recorded under the heading “Financial assets held for trading” if the objective of the business model is to generate gains by buying and selling these financial instruments or generate short-term results. The financial assets recorded in the heading “Non-trading financial assets mandatorily at fair value through profit or loss” are derived from a business model which objective is to obtain the contractual cash flows and / or to sell those instruments but its contractual cash flows do not comply with the requirements of the SPPI test. Financial assets are classified in “Financial assets designated at fair value through profit or loss” only if it eliminates or significantly reduces a measurement or recognition inconsistency (an ‘accounting mismatch’) that would otherwise arise from measuring financial assets or financial liabilities, or recognizing gains or losses on them, on different bases. The assets recognized under these headings of the consolidated balance sheet are measured upon acquisition at fair value and changes in the fair value (gains or losses) are recognized as their net value under the headings “Gains (losses) on financial assets and liabilities held for trading, net”, “Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net” and “Gains (losses) on financial assets designated at fair value through profit or loss, net” in the accompanying consolidated income statement (see Note 41). Changes in fair value resulting from variations in foreign exchange rates are recognized under the heading “Exchange differences, net” in the accompanying consolidated income statements (Note 41). ”Financial assets at fair value through other comprehensive income” – Debt instruments Assets recognized under this heading in the consolidated balance sheets are measured at their fair value. This category of valuation implies the recognition of the information in the income statement as if it were an instrument valued at amortized cost, while the instrument is valued at fair value in the balance sheet. Thus, both interest income on these instruments and the exchange differences and impairment that arise in their case are recorded in the profit and loss account, while subsequent changes in its fair value (gains or losses) are recognized temporarily (by the amount net of tax effect) under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Fair value changes of debt instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30). The amounts recognized under the headings “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Fair value changes of debt instruments measured at fair value through other comprehensive income” continue to form part of the Group's consolidated equity until the corresponding asset is derecognized from the consolidated balance sheet or until a loss allowance is recognized on the corresponding financial instrument. If these assets are sold, these amounts are derecognized and included under the headings “Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net” (see Note 41). The net loss allowances in “Financial assets at fair value through other comprehensive income” over the year are recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification - Financial assets at fair value through other comprehensive income” (see Note 47) in the consolidated income statement for the year. Interest income on these instruments is recorded in the consolidated profit and loss account (see Note 37). Changes in foreign exchange rates are recognized under the heading “Exchange differences, net" in the accompanying consolidated income statements (see Note 41). – Equity instruments At the time of initial recognition of specific investments in equity instruments, the BBVA Group may make the irrevocable decision to present subsequent changes in fair value in other comprehensive income. Subsequent changes in this valuation will be recognized in "Accumulated other comprehensive income - Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income" (see Note 30). Dividends received from these investments are recorded in the heading "Dividend income" in the consolidated income statement (see Note 38). These instruments are not subject to the impairment model of IFRS 9. “Financial assets at amortized cost” The assets under this category are subsequently measured at amortized cost, after initial recognition, using the effective interest rate method. Net loss allowances of assets recorded under these headings arising in each period are recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification – Financial assets measured at amortized cost” in the consolidated income statement for such year (see Note 47). Classification and measurement of financial liabilities Classification of financial liabilities Financial liabilities are classified in the following categories: – Financial liabilities at amortized cost; – Financial liabilities that are held for trading, including derivatives, are financial instruments which are recorded in this category when the Group’s objective is to generate gains by buying and selling these financial instruments; – Financial liabilities that are designated at fair value through profit or loss on initial recognition under the Fair Value Option. The Group has the option to designate irrevocably, on the initial moment of recognition, a financial liability at fair value through profit or loss provided that doing so results in the elimination or significant reduction of measurement or recognition inconsistency, or if a group of financial liabilities, or a group of financial assets and financial liabilities, has to be managed, and its performance evaluated, on a fair value basis in accordance with a documented risk management or investment strategy. Measurement of financial liabilities Financial liabilities are initially recorded at fair value, less transaction costs that are directly attributable to the issuance of instruments, except for financial instruments that are classified at fair value through profit or loss. Variations in the value of financial liabilities due to the interest accrual and similar items are recorded in the headings “Interest and other income” or “Interest expense”, of the consolidated income statement for the year in which the accrual occurred (see Note 37), except for trading derivatives that are not economic and accounting hedges. The changes in fair value after the initial recognition, for reasons other than those mentioned in the preceding paragraph, are treated as described below, according to the categories of financial liabilities. “Financial liabilities held for trading” and “Financial liabilities designated at fair value through profit or loss“ The subsequent changes in the fair value (gains or losses) of the liabilities recognized under these headings of the consolidated balance sheets are recognized as their net value under the headings “Gains (losses) on financial assets and liabilities held for trading, net” and “Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net” in the accompanying consolidated income statements (see Note 41). The changes in the own credit risk of the liabilities designated under the fair value option is presented in “Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss – Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk”, unless this treatment brings about or increases an asymmetry in the income statement. Changes in fair value resulting from variations in foreign exchange rates are recognized under the heading “Exchange differences, net” in the accompanying consolidated income statements (Note 41). “Financial liabilities at amortized cost” The liabilities under this category are subsequently measured at amortized cost, using the “effective interest rate” method. Hybrid financial liabilities When a financial liability contains an embedded derivative, the Group analyzes whether the economic characteristics and risks of the embedded derivative and the host instrument are closely related. If the characteristics and risks of the host and the derivative are closely related, the instrument as a whole will be classified and measured according to the general rules for financial liabilities. If, on the other hand, the economic characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host, its terms meet the definition of a derivative and the hybrid contract is not measured at fair value with changes in fair value recognized in profit or loss, the embedded derivative shall be separated from the host and accounted for as a derivative separately at fair value with changes in profit and loss and the host instrument classified and measured according to its nature. “Derivatives-Hedge Accounting” and “Fair value changes of the hedged items in portfolio hedges of interest-rate risk” The Group uses financial derivatives as a tool for managing financial risks, mainly interest rates and exchange rates (See Note 7). When these transactions meet certain requirements, they are considered "hedging instruments". Changes occurring subsequent to the designation of the hedging relationship in the measurement of financial instruments designated as hedged items as well as financial instruments designated as hedge accounting instruments are recognized as follows: – In fair value hedges, the changes in the fair value of the derivative and the hedged item attributable to the hedged risk are recognized under the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement, with a corresponding offset under the headings where hedging items ("Hedging derivatives") and the hedged items are recognized, as applicable, except for interest-rate risks hedges (which are almost all of the hedges used by the Group), for which the valuation changes are recognized under the headings “Interest and other income” or “Interest expense”, as appropriate, in the accompanying consolidated income statement (see Note 37). – In fair value hedges of interest rate risk of a portfolio of financial instruments (portfolio-hedges), the gains or losses that arise in the measurement of the hedging instrument are recognized in the consolidated income statement, with the corresponding offset on the headings “Derivatives-Hedge Accounting” and the gains or losses that arise from the change in the fair value of the hedged item (attributable to the hedged risk) are also recognized in the consolidated income statement (in both cases under the heading “Gains (losses) from hedge accounting, net”, using, as a corresponding offset, the headings "Fair value changes of the hedged items in portfolio hedges of interest rate risk" in the consolidated balance sheets, as applicable). – In cash flow hedges, the gain or loss on the hedging instruments relating to the effective portion is recognized temporarily under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedging derivatives. Cash flow hedges (effective portion)” in the consolidated balance sheets, with a corresponding offset under the heading “Hedging derivatives” of the Assets or Liabilities of the consolidated balance sheets as applicable. These differences are recognized under the headings “Interest and other income” or “Interest expense” at the time when the gain or loss in the hedged instrument affects profit or loss, when the forecast transaction is executed or at the maturity date of the hedged item. Almost all of the cash flow hedges carried out by the Group are for interest rate risk and inflation of financial instruments, so their differences are recognized under the heading "Interest and other income" or "Interest expense” in the consolidated income statement (see Note 37). – Differences in the measurement of the hedging items correspondi

Note 3

Note 3	12 Months Ended
	Dec. 31, 2021
BBVA Group [Abstract]
Disclosure of BBVA Group [Text Block]	BBVA Group The BBVA Group is an international diversified financial group with a significant presence in retail banking, wholesale banking and asset management. The Group also operates in the insurance sector. The following information is detailed in the appendices of these consolidated financial statements of the Group for the year ended December 31, 2021: – Appendix I shows relevant information related to the consolidated subsidiaries and structured entities. – Appendix II shows relevant information related to investments in joint ventures and associates accounted for using the equity method. – Appendix III shows the main changes and notification of investments and divestments in the BBVA Group. – Appendix IV shows fully consolidated subsidiaries with more than 10% owned by non-Group shareholders. The following table sets forth information related to the Group’s total assets as of December 31, 2021, 2020 and 2019, broken down by the Group’s entities according to their activity: Contribution to Consolidated Group total assets. Entities by main activities (Millions of euros) 2021 2020 2019 Banking and other financial services 631,683 703,304 664,100 Insurance and pension fund managing companies 29,657 28,667 29,300 Other non-financial services 1,545 1,826 2,071 Total 662,885 733,797 695,471 The total assets and results of operations broken down by operating segments are included in Note 6. The BBVA Group’s activities are mainly located in Spain, Mexico, South America and Turkey, with active presence in the rest of Europe, the United States and Asia: – Spain. The Group’s activity in Spain is mainly carried out through Banco Bilbao Vizcaya Argentaria, S.A. The Group also has other entities that mainly operate in Spain’s banking sector and insurance sector. – Mexico. The BBVA Group operates in Mexico, not only in the banking sector, but also in the insurance sector through BBVA Mexico. – South America. The BBVA Group’s activities in South America are mainly focused on the banking, financial and insurance sectors, in the following countries: Argentina, Colombia, Peru, Uruguay and Chile. It has a representative office in Sao Paulo (Brazil). The Group owns more than 50% of most of the entities based in these countries. Appendix I shows a list of the entities which, although less than 50% owned by the BBVA Group as of December 31, 2021, are consolidated (see Note 2.1). – Turkey. The Group’s activity in Turkey is mainly carried out through the Garanti BBVA Group. – Rest of Europe. Group's activity in Europe (excluding Spain) is carried out by banking and financial institutions, mainly in Switzerland, Italy, Germany, the Netherlands and Romania and the Bank's branches in Germany, Belgium, France, Italy, Portugal and the United Kingdom. – United States. The Group's activity in the United States is mainly carried out by the branch of Banco Bilbao Vizcaya Argentaria, S.A. in New York, the Branch of BBVA Mexico in Houston, participations in technology companies through funds and investment vehicles, including the venture capital fund Propel Venture Partners, the broker-dealer business BBVA Securities Inc., and a representative office in Silicon Valley (California). – Asia. The Group's activity in Asia is conducted through the Bank's branches (Taipei, Tokyo, Hong Kong, Singapore and Shanghai) and representative offices (Beijing, Seoul, Mumbai, Abu Dhabi and Jakarta). Significant transactions in the Group in 2021 Voluntary takeover bid for the entire share capital of Türkiye Garanti Bankası A.Ş (Garanti). On November 15, 2021, BBVA announced a voluntary takeover bid addressed to the holders of the 2,106,300,000 shares 2 not controlled by BBVA, representing 50.15% of Garanti's total share capital. BBVA submitted for authorization an application of the voluntary takeover bid to the Capital Markets Board of Turkey (CMB) on November 18, 2021. The consideration offered by BBVA to Garanti shareholders is 12.20 Turkish Liras in cash for each share. The maximum amount payable by BBVA will be 25,697 million Turkish Liras (equivalent to approximately €1,690 million at an exchange rate of 15.23 Turkish Liras per Euro estimated as of December 31, 2021) assuming all of Garanti's shareholders sell their shares. BBVA will pay the consideration with its current shareholder's funds. BBVA reserves the right to reduce or otherwise modify the voluntary takeover bid price by an amount equal to the gross amount of the distribution per share, if Garanti declares or distributes dividends, reserves or any other kind of distribution to its shareholders at any time from the date of the announcement on November 15, 2021 until the day of completion of the voluntary takeover bid. BBVA may cancel the takeover bid at any time before the commencement of the acceptance period. The acquisition by BBVA of more than 50% of Garanti's total share capital is subject to the prior approval of several authorities, both in Turkey and in other jurisdictions. BBVA will disclose to the market when all relevant authorizations are obtained. BBVA has received confirmation from the CMB that it will not formally approve the voluntary takeover bid application until the CMB receives confirmation from BBVA that all relevant approvals required by BBVA have been duly obtained. Only after approval by the CMB of the voluntary takeover bid application will the voluntary takeover bid period begin. The estimated impact will depend on the percentage of shares that are tendered. As of December 31, 2021, BBVA estimated maximum impact of minus 32 basis points in the Common Equity Tier 1 fully loaded ratio and approximately 2% accretion to its book value per share 3 , (all the above assuming that all Garanti shareholders accept the offer). Divestitures Sale of BBVA’s U.S. subsidiary to PNC Financial Service Group On June 1 2021, after obtaining all the required authorizations, BBVA completed the sale to The PNC Financial Services Group, Inc. of 100% of the capital stock of its subsidiary BBVA USA Bancshares, Inc., which in turn owned all the capital stock of the bank, BBVA USA. The consideration received in cash by BBVA amounted to approximately 11,500 million USD (price provided in the agreement minus the agreed closing price adjustments) equivalent to approximately €9,600 million (with an exchange rate of 1.20 EUR / USD). The accounting of both the results generated by BBVA USA Bancshares since the announcement of the transaction and the closing of its sale has had an aggregate positive impact on the BBVA Group's Common Equity Tier 1 ("fully loaded") ratio of approximately 294 basis points, which includes the generation of capital contributed by the subsidiary to the Group until the closing of the transaction (on June 1, 2021) and a profit net of taxes of €582 million. As a result thereof, the BBVA Group has been reflecting the results that BBVA USA Bancshares, Inc. has been generating, as well as the positive impact, mainly, of these results on the Common Equity Tier 1 ("fully loaded") ratio of BBVA Group. The calculation of the impact on Common Equity Tier 1 has been made taking into account the amount of the transaction in euros and BBVA Group's financial statements as of June 2021. The BBVA Group continues to develop an institutional and wholesale business in the United States that it currently carries out through its broker-dealer BBVA Securities Inc. and the New York branch. BBVA also maintains its investment activity in the fintech sector through its participation in Propel Venture Partners US Fund I, L.P. Note 21 shows a breakdown of the financial information of the companies sold in the United States as of December 31, 2021, 2020 and 2019 and the results of those companies as of and for the first five months of 2021 and the years ended 2020 and 2019. Sale of the BBVA Group's stake in Paraguay On January 22, 2021, once the mandatory authorizations were obtained, BBVA completed the sale of its direct and indirect shareholding of 100% of the capital stock of Banco Bilbao Vizcaya Argentaria Paraguay, S.A. (“BBVA Paraguay”) to Banco GNB Paraguay S.A., a subsidiary of the Gilinski Group. This transaction was originally agreed in 2019. The total amount received by BBVA amounted to approximately USD 250 million (approximately €210 million). The transaction generated a capital loss net of taxes of approximately €9 million. This transaction had a positive impact on the Common Equity Tier 1 (fully loaded) of the BBVA Group of approximately 6 basis points, which is reflected in the capital base of the BBVA Group in the fiscal year 2021. Significant transactions in the Group in 2020 Divestitures Alliance with Allianz, Compañía de Seguros y Reaseguros, S.A . On April 27, 2020, BBVA reached an agreement with Allianz, Compañía de Seguros y Reaseguros, S.A. to create a bancassurance joint venture in order to develop the non-life insurance business in Spain, excluding the health insurance line of the business. On December 14, 2020, once the required authorizations had been obtained, BBVA completed the operation and announced the transfer to Allianz, Compañía de Seguros y Reaseguros, S.A. of half plus one share of the company BBVA Allianz Seguros y Reaseguros, S.A., for which it received €274 million, without taking into account a variable part of the price (up to €100 million depending on certain objectives and planned milestones). This operation resulted in a profit net of taxes of €304 million and a positive impact on the fully loaded CET1 of the BBVA Group of 7 basis points, recorded in the Consolidated Financial Statements for the year ended December 31, 2020.

Note 4

Note 4	12 Months Ended
	Dec. 31, 2021
Shareholder Remuneration System [Abstract]
Disclosure of shareholder remuneration system [Text Block]	Shareholder remuneration system Cash Dividends in financial years 2019 and 2020 Throughout 2019 and 2020, BBVA's Board of Directors approved the payment of the following dividends (interim or final dividends) fully in cash, recorded in "Total Equity- Interim Dividends" and "Total Equity - Retained earnings" of the consolidated balance sheet of the relevant year: – The Annual General Meeting of BBVA held on March 15, 2019, approved, under item 1 of the Agenda, the payment of a final dividend for 2018, in addition to other dividends previously paid, in cash for an amount equal to €0.16 (€0.1296 net of withholding tax) per BBVA share. The total amount paid to shareholders on April 10, 2019, after deducting treasury shares held by the Group's Companies, amounted to €1,064 million and is recognized under the heading "Total equity- Retained earnings" of the consolidated balance sheet as of December 31, 2019. – The Board of Directors, at its meeting held on October 2, 2019, approved the payment in cash of €0.10 (€0.081 net of withholding tax) per BBVA share, as gross interim dividend based on 2019 results. The total amount paid to shareholders on October 15, 2019, after deducting treasury shares held by the Group's companies, amounted to €665 million and is recognized under the heading "Total equity- Interim dividends" of the consolidated balance sheet as of December 31, 2019 . – The Annual General Meeting of BBVA held on March 13, 2020, approved, under item 1 of the Agenda, the payment of a final dividend for 2019, in addition to other dividends previously paid, in cash for an amount equal to €0.16 (€0.1296 net of withholding tax) per BBVA share. The total amount paid to shareholders on April 9, 2020, after deducting treasury shares held by the Group's Companies, amounted to €1,065 million and is recognized under the heading "Total equity- Retained earnings" of the consolidated balance sheet as of December 31, 2020. ECB recommendations for 2020 In accordance with recommendation ECB/2020/19 issued by the ECB on March 27, 2020 on dividend distributions during the COVID-19 pandemic, the Board of Directors of BBVA resolved to modify for the financial year corresponding to 2020 the dividend policy of the Group, announced on February 1, 2017, determining as new policy for 2020 not to pay any dividend amount corresponding to 2020 until the uncertainties caused by COVID-19 disappear and, in any case, not before the end of such fiscal year. On July 27, 2020, the ECB prolonged this recommendation until January 1, 2021 by adopting recommendation ECB/2020/35. On December 15, 2020 the ECB issued recommendation ECB/2020/62, repealing recommendation ECB/2020/35 and recommending that significant credit institutions exercise extreme prudence when deciding on or paying out dividends or performing share buy-backs aimed at remunerating shareholders. Shareholder remuneration during financial year 2021 BBVA notified on January 29, 2021, by means of Privileged Information, that it intended to resume its shareholder remuneration policy in 2021, announced on February 1, 2017, via Relevant Event, contingent upon the repealing of recommendation ECB/2020/62 and the absence of further restrictions or limitations. The Annual General Meeting held on April 20, 2021 approved, in the third item of its agenda, a cash distribution from the issue premium account of €0.059 per share as shareholder remuneration in respect of the Group’s 2020 earnings for each of the Bank's outstanding shares, all this in compliance with recommendation ECB/2020/62, which was paid on April 29, 2021. The total amount was €393 million and was recognized under the heading “Total Equity – Share Premium” of the consolidated balance sheet as of December 31, 2021 (see Note 27). On July 23, 2021, the European Central Bank published the approval of recommendation ECB/2021/31 repealing recommendation ECB/2020/62 from September 30, 2021, whereby the ECB indicated that it would assess capital, dividend distribution and share buyback plans of each financial institution in the context of their ordinary supervisory process, eliminating the remaining restrictions on dividend and share buyback related matters established in recommendation ECB/2020/62. In keeping with the above, the Board of Directors, at its meeting held on September 30, 2021, approved the payment in cash of €0.08 (€0.0648 net of withholding tax) per BBVA share, as gross interim dividend against 2021 results. The total amount paid to shareholders on October 12, 2021, after deducting treasury shares held by the Group's companies, amounted to €532 million and is recognized under the heading "Shareholder’s funds - Total equity- Interim dividends" of the consolidated balance sheet as of December 31, 2021. The forecasted financial statement, drawn up in compliance with the applicable legal requirements, which evidenced the existence of sufficient liquidity to distribute the abovementioned amount approved on September 29, 2021 was the following: Available amount for interim dividend payments (Millions of Euros) August 31, 2021 Profit of BBVA, S.A., after the provision for income tax 934 Maximum amount distributable 934 Amount of proposed interim dividend 533 BBVA cash balance available to the date 31,887 Other shareholder remuneration On February 3, 2022, it was announced that a cash distribution in the amount of €0.23 gross per share as shareholder remuneration in relation to the Group's result in the 2021 financial year was expected to be submitted to the relevant governing bodies of BBVA for consideration (see Note 56). Share buyback program On October 26, 2021, BBVA obtained the pertinent authorization from the European Central Bank to buy back up to 10% of its share capital for a maximum of €3.5 billion, in one or several tranches and over the course of a 12-month period (the “Authorization”). Upon receiving the authorization and making use of the delegation conferred by the BBVA Annual General Meeting held on March 16, 2018, at its meeting of October 28, 2021, BBVA Board of Directors resolved to carry out a framework share buyback program in compliance with Regulation (EU) no. 596/2014 of the European Parliament and the Council of April 16, 2014 on market abuse and Delegate Regulation (EU) no. 2016/1052 of the Commission, of March 8, 2016, to be executed in various tranches up to a maximum of €3.5 billion, with the aim of reducing BBVA's share capital (the “Framework Program”), notwithstanding the possibility of terminating or cancelling the Framework Program at an earlier date where advisable due to the concurrence of a series of specific circumstances, as well as to carry out a first share buyback program within the Framework Program (the "First Tranche"), which was notified as Privileged Information on October 29, 2021. On November 19, BBVA notified by means of Privileged Information that the First Tranche would be executed externally through J.P. Morgan AG as manager, for a maximum amount of €1,500 million, for the purchase of a maximum number of shares of 637,770,016 representing, approximately, 9.6% of BBVA's share capital as of the date of the agreement, and that the first program would begin on November 22, 2021, and that it would conclude not earlier than November 22, 2021 or later than April 5, 2022, and, in any case, whenever, within said timeframe the maximum monetary amount is reached, or the maximum number of shares is purchased. Between November 22 and December 31, 2021, J.P. Morgan AG, as manager of the First Tranche, acquired 112,254,236 BBVA shares (see Note 29). Between January 1 and February 3, 2022, J.P. Morgan AG has acquired 65,272,189 BBVA shares. On February 3, 2022, BBVA announced that its Board of Directors agreed, within the Framework Program, to carry out a second buyback program (the “Second Tranche”) aimed at reducing BBVA’s share capital, for a maximum amount of €2,000 million and a maximum number of shares to be acquired equal to the result of subtracting from 637,770,016 own shares (9.6% of BBVA’s share capital at that date) the number of own shares finally acquired in execution of the First Tranche. The implementation of the Second Tranche, which will also be executed externally through a lead-manager, will begin after the end of the implementation of the First Tranche and shall end no later than October 15, 2022 (see Note 56). Amendment of Shareholder Remuneration Policy On November 18, 2021, BBVA announced that the Board of Directors of BBVA agreed to modify the Group’s shareholder distribution policy, which was communicated as relevant information on February 1, 2017, with registration number 247679 establishing a new policy consisting in an annual distribution of between 40% and 50% of the consolidated ordinary profit of each year (excluding extraordinary amounts and items included in the consolidated profit and loss account), compared to the previous policy of distributing between 35% and 40%. This policy will be implemented through the distribution of an interim dividend for the year (expected to be paid in October of each year) and a final dividend (to be paid once the year has ended and the allocation of the year-end profit has been approved, expected to take place in April of each year), with the possibility of combining cash distributions with share buybacks (the execution of the share buyback program will be deemed an extraordinary shareholder remuneration and will, therefore, not be included within the scope of the policy), all subject to the relevant authorizations and approvals applicable at any given time. Proposal on allocation of earnings of BBVA, S.A. for 2021 Below is included a breakdown of the distribution of the Bank´s earnings for financial year 2021, which the Board of Directors will submit to the Annual General Meeting for approval. Allocation of earnings (Millions of Euros) 2021 Profit (loss) for year 1,080 Distribution Interim dividends 533 Reserves / Accumulated gains 547

Note 5

Note 5	12 Months Ended
	Dec. 31, 2021
Earnings per share [abstract]
Disclosure of earnings per share [text block]	Earnings per share Basic and diluted earnings per share are calculated in accordance with the criteria established by IAS 33. For more information see Glossary. The calculation of earnings per share is as follows: Basic and Diluted Earnings per Share 2021 2020 2019 Numerator for basic and diluted earnings per share (millions of euros) Profit attributable to parent company 4,653 1,305 3,512 Adjustment: Additional Tier 1 securities (*) (359) (387) (419) Profit adjusted (millions of euros) (A) 4,293 917 3,093 Profit (loss) from continued operations (net of remuneration of Additional Tier 1 capital instruments) 4,014 2,646 3,851 Profit (loss) from discontinued operations (net of non-controlling interest) (B) (See Note 21) 280 (1,729) (758) Denominator for basic earnings per share (number of shares outstanding) — — — Weighted average number of shares outstanding (**) 6,668 6,668 6,668 Average treasury shares (12) (13) (20) Share buyback program (***) (255) — — Adjusted number of shares - Basic earnings per share (C) 6,401 6,655 6,648 Adjusted number of shares - diluted earnings per share (D) 6,401 6,655 6,648 Earnings (losses) per share (****) 0.67 0.14 0.47 Basic earnings (losses) per share from continuing operations (Euros per share)A-B/C 0.63 0.40 0.58 Diluted earnings (losses) per share from continuing operations (Euros per share)A-B/D 0.63 0.40 0.58 Basic earnings (losses) per share from discontinued operations (Euros per share)B/C 0.04 (0.26) (0.11) Diluted earnings (losses) per share from discontinued operations (Euros per share)B/D 0.04 (0.26) (0.11) (*) Remuneration in the year related to contingent convertible securities, recognized in equity (see Note 22.4). (**) Weighted average number of shares outstanding (millions of euros), excluding weighted average of treasury shares during the year. (***) Consists of 112 million shares acquired between November 22 and December 31, 2021, by J.P. Morgan AG, as manager of the first tranche of the shares buyback program approved by the Board of Directors in October 2021 (€1,500 million); and the estimated number of shares pending to be acquired under such tranche as of December 31, 2021 (see Note 4) (****) In 2021, 2020 and 2019 the weighted average number of shares outstanding was 6,668 million. The adjustment of additional Tier 1 securities amounted to €359, €387 and €419 million in 2021, 2020 and 2019, respectively. As of December 31, 2021, 2020 and 2019, there were no other financial instruments or share option commitments to employees that could potentially affect the calculation of the diluted earnings per share for the years presented. For this reason, basic and diluted earnings per share are the same.

Note 6

Note 6	12 Months Ended
	Dec. 31, 2021
Operating Segments Reporting [Abstract]
Disclosure of operating segments [text block]	Operating segment reporting Operating segment reporting represents a basic tool in the oversight and management of the BBVA Group’s various activities. The BBVA Group compiles reporting information on disaggregated business activities. These business activities are then aggregated in accordance with the organizational structure determined by the BBVA Group and, ultimately, into the reportable operating segments themselves. As of December 31, 2021 the structure of the information by operating segments reported by the BBVA Group differs from that presented at the end of the 2020 financial year, mainly as a consequence of the exclusion of the United States as an operating segment, as a result of the sale agreement reached with PNC and the completion of the transaction (see Note 3). Most of the businesses in the United States excluded from this agreement, together with those of the former operating segment “Rest of Eurasia” (which has been eliminated) constitute a new operating segment called “Rest of Business”. The BBVA Group's operating segments as of December 31, 2021 are summarized below: – Spain Includes mainly the banking and insurance business that the Group carries out in Spain, including the results of the new company BBVA Allianz Seguros y Reaseguros, S.A. (see Note 3). – Mexico Includes banking and insurance businesses in this country as well as the activity of BBVA Mexico in Houston. – Turkey Includes the activity of Garanti BBVA group that is mainly carried out in this country and, to a lesser extent, in Romania and the Netherlands. – South America Primarily includes the Group´s banking and insurance businesses in the region. With respect to the sale of BBVA Paraguay, the closing of the transaction took place in January 2021 (see Note 3). – Rest of Business Mainly includes the wholesale activity carried out in Europe (excluding Spain), and the United States through to the New York branch, as well as the institutional business that the Group develops in the United States through its broker-dealer BBVA Securities Inc. It also includes the banking business developed through the five BBVA branches located in Asia. Lastly, Corporate Center performs centralized Group functions, including: the costs of the head offices with a corporate function; management of structural exchange rate positions; portfolios whose management is not linked to customer relationships, such as financial and industrial holdings; stakes in Funds & Investment Vehicles in tech companies including the stake in the venture capital fund Propel Venture Partners; certain tax assets and liabilities; funds for employee commitments; goodwill and other intangible assets, as well as the financing of such portfolios and assets. Additionally, the results obtained by the Group's businesses in the United States until completion of the sale to PNC on June 1, 2021 (see Note 21), are presented in a single line under the heading "Profit (loss) after tax from discontinued operations" in the consolidated income statement and in the income statement of the Corporate Center. Finally, the costs related to the Banco Bilbao Vizcaya Argentaria, S.A. restructuring process in Spain, which process is considered to be a strategic decision, are registered in the lines "Provisions", "Provisions or reversal of provisions", "Impairment or reversal of impairment on non-financial assets" and "Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations" (see Notes 24, 46, 49 and 50). The breakdown of the BBVA Group’s total assets by operating segments as of December 31, 2021, 2020 and 2019, is as follows: Total Group assets by operating segments (Millions of Euros) 2021 2020 (*) 2019 (*) Spain 413,477 408,030 367,678 Mexico 118,106 110,236 109,087 Turkey 56,245 59,585 64,416 South America 56,124 55,436 54,996 Rest of Business 40,314 35,172 32,891 Subtotal assets by operating segments 684,266 668,460 629,068 Corporate Center and adjustments (21,381) 65,336 66,403 Total assets BBVA Group 662,885 733,797 695,471 (*) The figures corresponding to 2020 and 2019 have been restated. The following table sets forth certain summarized information relating to results of each operating segment and Corporate Center for the years ended December 31, 2021, 2020 and 2019: Main margins and profit by operating segments (Millions of euros) Operating Segments BBVA Group Spain Mexico Turkey South America Rest of Business Corporate Center 2021 Net interest income 14,686 3,502 5,836 2,370 2,859 281 (163) Gross income 21,066 5,925 7,603 3,422 3,162 741 212 Operating income 11,536 2,895 4,944 2,414 1,661 291 (668) Operating profit (loss) before tax 7,247 2,122 3,528 1,953 961 314 (1,632) Profit (loss) after tax from discontinued operations 280 — — — — — 280 Net attributable profit (loss) 4,653 1,581 2,568 740 491 254 (980) 2020 (*) Net interest income 14,592 3,566 5,415 2,783 2,701 291 (164) Gross income 20,166 5,567 7,025 3,573 3,225 839 (63) Operating income 11,079 2,528 4,680 2,544 1,853 372 (898) Operating profit (loss) before tax 5,248 823 2,475 1,522 896 280 (748) Profit (loss) after tax from discontinued operations (1,729) — — — — — (1,729) Net attributable profit (loss) 1,305 652 1,761 563 446 222 (2,339) 2019 (*) Net interest income 15,789 3,585 6,209 2,814 3,196 236 (252) Gross income 21,522 5,674 8,034 3,590 3,850 728 (353) Operating income 11,368 2,420 5,383 2,375 2,276 249 (1,336) Operating profit (loss) before tax 7,046 1,896 3,690 1,341 1,396 222 (1,499) Profit (loss) after tax from discontinued operations (758) — — — — — (758) Net attributable profit (loss) 3,512 1,436 2,698 506 721 184 (2,032) (*) The figures of the Operating Segments corresponding to 2020 and 2019 have been restated.

Note 7

Note 7	12 Months Ended
	Dec. 31, 2021
Risk Management [Abstract]
Disclosure of risk management [Text Block]	Risk managementRisk factors BBVA Group has processes in place for identifying risks and analyzing scenarios in order to enable the Group to manage risks in a dynamic and proactive way. The risk identification processes are forward looking to seek the identification of emerging risks and take into account the concerns of both the business areas, which are close to the reality of the different geographical areas, and the corporate areas and senior management. Risks are identified and measured consistently using the methodologies deemed appropriate in each case. Their measurement includes the design and application of scenario analyzes and stress testing and considers the controls to which the risks are subjected. As part of this process, a forward projection of the Risk Appetite Framework (RAF) variables in stress scenarios is conducted in order to identify possible deviations from the established thresholds. If any such deviations are detected, appropriate measures are taken to keep the variables within the target risk profile. In this context, there are a number of emerging risks that could affect the evolution of the Group's business. These risks are included in the following blocks: Furthermore, the Group has been and may be affected during the following quarters or years by the measures or recommendations adopted by regulatory authorities in the banking sector, such as variations in reference interest rates, the modification of prudential requirements, the temporary suspension of dividend payments, the modification of the deferral of monthly installments for certain loans and the granting of guarantees or public guarantees to new credit operations for companies and self-employed persons, the adoption of further similar measures or the termination of those already approved, as well as any changes in financial assets purchase programs by the ECB. Since the outbreak of the pandemic, the Group has experienced a decline in its activity. For example, the granting of new loans to individuals has generally decreased. In addition, the Group faces various risks, such as an increased risk of volatility in the value of its assets (including financial instruments valued at fair value, which may suffer significant fluctuations) and of the securities held for liquidity reasons, a possible increase in the NPL ratio and risk-weighted assets, as well as a negative impact on the Group's cost of financing and on its access to financing (especially in an environment where credit ratings are affected). Following the generalized lifting of mobility restrictions and the increasing resumption of normal operations, greater emphasis is being placed on the particular circumstances of each customer, in addition to its respective industry or sector. Furthermore, the pandemic could continue to adversely affect the business and transactions of third parties that provide critical services to the Group and, in particular, the higher demand and/or the lower availability of certain resources could, in some cases, make it more difficult for the Group to maintain the required service levels. In addition, the widespread use of remote work has increased the risks related to cybersecurity, as the use of non-corporate networks has increased. In 2021 the global economy has grown significantly, recovering in part from the crisis caused by the pandemic, which caused a sharp fall in global GDP in 2020. The significant upturn in global growth has been due to progress in the vaccination against COVID-19 and important economic stimuli adopted by public authorities. Activity indicators show, however, that the economic recovery process has lost momentum in recent months. The recent slowdown in economic growth is taking place in an environment marked by a sharp increase in infections caused by new variants of the COVID-19, although the increasing immunization of the world population has helped to generally prevent the adoption of mobility restrictions, which would have had a greater impact on the economy. The effects of reduced production due to the pandemic and its persistence, coupled with fiscal stimuli and strong demand for goods, once restrictions have been lifted, contribute to maintaining the problems in global supply chains observed since the beginning of 2021 which, in addition to negatively affecting economic activity, generate significant upward pressure on prices. Against this backdrop, annual inflation in December 2021 stood at 7.0% in the United States and 5.0% in the Eurozone. In both geographical areas, long-term inflation expectations from markets and surveys have been adjusted upwards, although in the case of the Eurozone they remain generally below the European Central Bank’s 2% target. High inflation rates and their increased persistence have put pressure on central banks to withdraw monetary stimuli earlier than they had originally anticipated. The United States Federal Reserve, in particular, has begun the rollback in its bond-buying program and has suggested that monetary policy interest rates will adjust upwards earlier and faster than expected by financial markets and financial analysts, and also that a downsizing of its balance sheet may soon begin. In the Eurozone, the ECB will complete the pandemic emergency purchase program (PEPP) in March 2022. Although the asset purchase program (APP) is maintained, asset purchases will be moderated over the course of 2022. However, unlike the Federal Reserve, the ECB has continued to maintain that it rules out an increase in benchmark interest rates in 2022. According to BBVA Research, the global economic recovery process is expected to continue in the coming months, albeit at a slightly slower pace than expected in autumn of 2021, due to the persistence of the pandemic, but also due to a higher-than-estimated impact of supply chain problems and inflationary pressures. All this against a background of reduced fiscal and monetary stimulus. GDP growth would therefore moderate, from an estimated 5.6% in 2021 to about 4.2% in 2022 in the United States, from 5.1% in 2021 to 3.7% in 2022 in the Eurozone and from 8.0% in 2021 to 5.2% in 2022 in China. The likely rise in monetary policy interest rates in the United States, which could reach 1.25% by the end of 2022, as well as a progressive control of the pandemic and a moderation of supply chain problems, would allow inflation to be moderated throughout the year; although inflation is expected to remain high, particularly in the United States. Risks arising from this economic scenario expected by BBVA Research are significant and are biased downwards in the case of activity, and include more persistent inflation, financial turbulence caused by a more aggressive withdrawal of monetary stimuli, the emergence of new variants of the coronavirus that bypass current vaccines, a more intense slowdown in the Chinese economy, as well as social and geopolitical tensions. Likewise, the countries in which the Group operates face various idiosyncratic risks, beyond those related to the global environment. Financial institutions are exposed to a complex and ever-changing regulatory environment defined by governments and regulators. This can affect their ability to grow and the capacity of certain businesses to develop, and result in stricter liquidity and capital requirements with lower profitability ratios. The Group constantly monitors changes in the regulatory framework that allow for anticipation and adaptation to them in a timely manner, adopt industry practices and more efficient and rigorous criteria in its implementation. The financial sector is under ever closer scrutiny by regulators, governments and society itself. In the course of activities, situations which might cause relevant reputational damage to the entity could raise and might affect the regular course of business. The attitudes and behaviors of the Group and its members are governed by the principles of integrity, honesty, long-term vision and industry practices through, inter alia, the internal control model, the Code of Conduct, the Corporate Principles in tax matters and Responsible Business Strategy of the Group. New technologies and forms of customer relationships: Developments in the digital world and in information technologies pose significant challenges for financial institutions, entailing threats (new competitors, disintermediation, etc.) but also opportunities (new framework of relations with customers, greater ability to adapt to their needs, new products and distribution channels, etc.). Digital transformation is a priority for the Group as it aims to lead digital banking of the future as one of its objectives. Technological risks and security breaches: The Group is exposed to new threats such as cyber-attacks, theft of internal and customer databases, fraud in payment systems, etc. that require major investments in security from both the technological and human point of view. The Group gives great importance to the active operational and technological risk management and control. Regarding legal risks, the financial sector faces an environment of increasing regulatory and litigious pressure, and thus, the various Group entities are usually party to individual or collective judicial proceedings (including class actions) resulting from their activity and operations, as well as arbitration proceedings. The Group is also party to other government procedures and investigations, such as those carried out by the antitrust authorities in certain countries which, among other things, have in the past and could in the future result in sanctions, as well as lead to claims by customers and others. In addition, the regulatory framework, in the jurisdictions in which the Group operates, is evolving towards a supervisory approach more focused on the opening of sanctioning proceedings while some regulators are focusing their attention on consumer protection and behavioral risk. In Spain and in other jurisdictions where the Group operates, legal and regulatory actions and proceedings against financial institutions, prompted in part by certain judgments in favor of consumers handed down by national and supranational courts (with regards to matters such as credit cards and mortgage loans), have increased significantly in recent years and this trend could continue in the future. The legal and regulatory actions and proceedings faced by other financial institutions in relation to these and other matters, especially if such actions or proceedings result in favorable resolutions for the consumer, could also adversely affect the Group. All of the above may result in a significant increase in operating and compliance costs or even a reduction of revenues, and it is possible that an adverse outcome in any proceedings (depending on the amount thereof, the penalties imposed or the procedural or management costs for the Group) could damage the Group's reputation, generate a knock-on effect or otherwise adversely affect the Group. It is difficult to predict the outcome of legal and regulatory actions and proceedings, both those to which the Group is currently exposed and those that may arise in the future, including actions and proceedings relating to former Group subsidiaries or in respect of which the Group may have indemnification obligations. Any of such outcomes could be significantly adverse to the Group. In addition, a decision in any matter, whether against the Group or against another credit entity facing similar claims as those faced by the Group, could give rise to other claims against the Group. In addition, these actions and proceedings attract resources from the Group and may occupy a great deal of attention on part of the Group's management and employees. As of December 31, 2021, the Group had €623 million in provisions for the proceedings it is facing (included in the line "Provisions for litigation and pending tax cases" in the consolidated balance sheet) (see Note 24), of which €533 million correspond to legal contingencies and €90 million to tax related matters. However, the uncertainty arising from these proceedings (including those for which no provisions have been made, either because it is not possible to estimate them or for other reasons) makes it impossible to guarantee that the possible losses arising from these proceedings will not exceed, where applicable, the amounts that the Group currently has provisioned and, therefore, could affect the Group's consolidated results in a given period. As a result of the above, legal and regulatory actions and proceedings currently faced by the Group or to which it may become subject in the future or otherwise affected by, individually or in the aggregate, if resolved in whole or in part adversely to the Group's interests, could have a material adverse effect on the Group’s business, financial condition and results of operations. Spanish judicial authorities are investigating the activities of Centro Exclusivo de Negocios y Transacciones, S.L. (Cenyt). Such investigation includes the provision of services by Cenyt to the Bank. On 29th July, 2019, the Bank was named as an investigated party (investigado) in a criminal judicial investigation (Preliminary Proceeding No. 96/2017 – Piece No. 9, Central Investigating Court No. 6 of the National High Court) for alleged facts which could be constitutive of bribery, revelation of secrets and corruption. On February 3, 2020, the Bank was notified by the Central Investigating Court No. 6 of the National High Court of the order lifting the secrecy of the proceedings. Certain current and former officers and employees of the Group, as well as former directors have also been named as investigated parties in connection with this investigation. The Bank has been and continues to be proactively collaborating with the Spanish judicial authorities, including sharing with the courts the relevant information obtained in the internal investigation hired by the entity in 2019 to contribute to the clarification of the facts. As of the date of the approval of the Consolidated Financial Statements, no formal accusation against the Bank has been made. This criminal judicial proceeding is at the pre-trial phase. Therefore, it is not possible at this time to predict the scope or duration of such proceeding or any related proceeding or its or their possible outcomes or implications for the Group, including any fines, damages or harm to the Group’s reputation caused thereby. Credit risk is the potential loss assumed by the Group as a result of the failure by the Group´s counterparties to meet their contractual obligations. The general principles governing credit risk management in the BBVA Group are: – Risks taken should comply with the general risk policy established by the Board of Directors of BBVA. – Risks taken should be in line with the level of equity and generation of recurring revenue of the BBVA Group prioritizing risk diversification and avoiding relevant concentrations. – Risks taken should be identified, measured and assessed and there should be management and monitoring procedures, in addition to mitigation and control mechanisms. – Risks should be managed in a prudent and integrated manner during their life cycle and their treatment should be based on the type of risk. In addition, portfolios should be actively managed on the basis of a common metric (economic capital). – The main criterion when granting credit risks is the capability of the borrower or obligor to fulfill on a timely basis all financial obligations with its business income or source of income without depending upon guarantors, bondsmen or pledged assets. – Improve the financial health of our clients, help them in their decision making and in the daily management of their finances based on personalized advice. – Help our clients in the transition towards a sustainable future, with a focus on climate change and inclusive and sustainable social development. Credit risk management in the Group has an integrated structure for all its functions, allowing decisions to be taken objectively and independently throughout the life cycle of the risk. – At Group level: frameworks for action and standard rules of conduct are defined for handling risk, specifically, the channels, procedures, structure and supervision. – At the business area level: they are responsible for adapting the Group's criteria to the local realities of each geographical area and for direct management of risk according to the decision-making channel: a. Retail risks: in general, the decisions are formalized according to the scoring tools, within the general framework for action of each business area, with regard to risks. The changes in weighting and variables of these tools must be validated by the GRM area. b. Wholesale risks: in general, the decisions are formalized by each business area within its general framework for action with regard to risks, which incorporates the delegation rule and the Group's corporate policies. The risk function has a decision-making process supported by a structure of committees with a solid governance scheme, which describes their purposes and functioning for a proper performance of their tasks. This governance scheme has been key in the management of the COVID-19 crisis in all the geographical areas where the Group operates, in which it has been possible to support the maintenance of the flow of funds required for the operation of the economies while analyzing and monitoring the credit quality of exposures. COVID-19 support measures Since the beginning of the pandemic, the Group offered COVID-19 support measures to its customers (individuals, SMEs and wholesale) in all the geographic areas where it operates, consisting of both deferrals on existing loans and new public-guaranteed lending. These measures were extended to individual customers and, in the case of legal entities, to different sectors, with Leisure and Real Estate being the sectors that have used them most. Deferral support schemes have expired in all geographical areas Deferrals were both legislative (based on national laws) and non-legislative (based on sectorial or individual schemes) and were aimed at mitigating the effects of COVID-19 and deferring the payment of principal and/or interest, while maintaining the original contracts. The detail of legislative deferrals by geographical area is as follows: Spain: – Mainly covered by Royal Decree Laws (hereinafter "RDL") 8/2020 and 11/2020, as well as by the sector agreement promoted by the Spanish Banking Association (hereinafter "AEB") to which BBVA adhered. – Legislative deferrals consisted of a three-month deferral of principal and interest payments and were aimed, by type of client, at individuals, sole proprietors or the self-employed and, by type of product, at mortgages, personal loans or consumer loans. – In addition, once the legal deferral expired, customers could adhere to the sector agreement for the remaining term up to the limit established in that agreement. – Deferrals granted under the AEB sectorial agreement had a duration of up to 12 months of principal deferral in the case of mortgage loans and up to 6 months in personal loans. – Under RDL 26/2020, the possibility of deferring the principal and/or interests was offered for companies in the transport sector for up to 6 months and for companies in the tourism sector for up to 12 months. Mexico: – The National Banking and Securities Commission (hereinafter, "CNBV") published the official records P285/2020 dated March 26, 2020 and P293/2020 dated April 15, 2020, allowing the granting of deferrals on principal and interest for a term of 4 months, extendable for 2 months more. The main beneficiaries of these measures were individuals and companies, impacting mortgage loans, personal loans and consumer loans, including credit cards. Turkey: – The Banking Regulation and Supervisory Agency (hereinafter, "BRSA") instructed banks to support customers through deferrals, consisting of deferring payments for a period of 3 months, with a potential extension of up to 6 months. These support measures were granted to individual custome r s. Colombia: – The binding legislation for deferrals is provided by the Financial Superintendence of Colombia, specifically by its Circulars 07/2020 and 14/2020, as well as Resolution No. 385. The deferrals offered consisted of the deferral of principal and interest payments for up to 6 months. Peru: – Several measures were approved by the Superintendence of Banking and Insurance (SBS) of Peru, allowing the deferral of principal and interest payments, initially for up to 6 months and later extended for up to 12 months, mainly for individuals, self-employed and small companies. Argentina: – Based on state legislation such as Royal Decree 544/2020 or Decree 319/2020, as well as on various regulations from the Central Bank. Deferral for up to 3 months of principal and interest. With regard to new financing with public guarantees, the Group's involvement in the following is noteworthy: Spain: – The Official Credit Institute (hereinafter, ICO) published several aid programs aimed at the self-employed, small and medium-sized enterprises (hereinafter "SMEs") and companies, through which a guarantee of between 60% and 80% (in SMEs always 80%) was granted for a term of up to 5 years for new financing granted (RDL Mar/2020). – The amount and duration of the guarantee depended on the size of the company and the type of aid to which it applied, and could be extended for up to a maximum term of 3 additional years and the grace period could be extended for up to 12 additional months with respect to the terms and grace periods initially agreed (RDL Nov/2020). – Likewise, facilities were provided in term extensions (up to a maximum term of 10 years), conversion of financing operations into Participative Loans as well as debt forgiveness in part of the financing (RDL 5/2021 and Code of Good Practices). – The ICO has also subsidized for individuals the amount of the rent for up to 6 months in loans of up to 6 years. – Almost all of the ICO loans with the expired grace period have resumed payment on a regular basis or canceled their debt. – ICO loan extensions represented around 25% of all ICO financing. Turkey : – Public support programs have been registered guaranteeing up to 80% of loans to companies for a term of 1 year. Colombia: – Different public support programs (FNG, Bancoldex, Finagro, Findeter) provide for guarantees covering between 50-90%. Peru: – There were public support programs such as Reactiva, Crecer or FAE aimed at companies and micro-enterprises with guaranteed amounts ranging from 60% to 98%, depending on the program and the type of company. – For loans granted under the Reactiva program, it was possible to extend both the maturity date and the grace period of the loans. Argentina: – Guarantees of up to 100% for micro-SMEs or self-employed and up to 25% for other companies in loans of up to 1 year The outstanding balance of existing loans for which a payment deferral was granted (split by those existing at year-end and those that were completed by year-end) under EBA standards and for which financing was granted with public guarantees given at a Group level, as well as the number of customers of both measures, as of December 31, 2021 and 2020 are as follows: Amount of payment deferral and financing with public guarantees of the Group (Millions of Euros) Payment deferral Financing with public guarantees Existing Completed Total Number of customers Total Number of customers Total payment deferral and guarantees (%) credit investment December 2021 189 21,743 21,931 2,188,720 16,093 264,809 38,025 10.9 % December 2020 (*) 6,536 21,868 28,405 2,779,964 16,053 249,458 44,458 12.9 % (*) Figures as of December 2020 do not include the companies sold in the United States in 2021. The outstanding balance of existing loans for which a payment deferral was granted (split by those existing at year-end and those that were completed by year-end) under EBA standards and for which financing was granted with public guarantees given at a Group level, broken down by segment, as of December 31, 2021 and 2020 are as follows: Amount of payment deferral and financing with public guarantees by concept (Millions of Euros) Payment deferral Financing with public guarantees Existing Completed Total 2021 2020 (*) 2021 2020 (*) 2021 2020 (*) 2021 2020 (*) Group 189 6,536 21,743 21,868 21,931 28,405 16,093 16,053 Households 107 4,503 14,904 14,550 15,011 19,052 1,376 1,235 Of which: Mortgages 97 3,587 10,195 7,471 10,291 11,059 6 1 SMEs 44 1,023 3,950 4,743 3,994 5,766 10,911 10,573 Non-financial corporations 37 961 2,766 2,397 2,803 3,358 3,788 4,232 Other — 50 122 179 122 229 18 13 (*) Figures as of December 2020 do not include the companies sold in the United States in 2021. Amount of payment deferral by stages (Millions of Euros) Stage 1 Stage 2 Stage 3 Total 2021 2020 (*) 2021 2020 (*) 2021 2020 (*) 2021 2020 (*) Group 13,236 18,602 6,252 7,736 2,444 2,066 21,931 28,405 Households 9,167 12,336 3,707 4,997 2,137 1,719 15,011 19,052 Of which: Mortgages 6,360 7,347 2,444 2,844 1,487 867 10,291 11,059 SMEs 2,609 4,147 1,131 1,327 254 292 3,994 5,766 Non-financial corporations 1,364 1,903 1,387 1,399 53 56 2,803 3,358 Other 95 216 27 13 — — 122 229 (*) Figures as of December 2020 do not include the companies sold in the United States in 2021. Deferrals involved the temporary suspension, in whole or in part, of contractual obligations and their deferral for a specific period of time. Considering that the payment deferrals granted in connection with COVID -19 provide temporary relief to the debtors and that the economic value of the affected loans was not significantly impacted, no contractual modifications were considered and, therefore, the modified loans are accounted for as a continuation of the original loans. During 2020, the loss of temporary value of the deferrals that did not trigger the right to collect interest was included under the heading "Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification” of the consolidated income statement, amounting to €304 million, of which €300 million had been already recognized as higher interest margin at such date. During 2021, the amount recognized was not significant. Regarding the classification of exposures according to their credit risk, the Group has continued to apply IFRS 9 when granting the payment deferrals and has reinforced the procedures for monitoring credit risk both throughout the life of the transactions and at their maturity. This means that the payment deferrals granting does not imply in itself an automatic trigger for a significant increase in risk and that the transactions subject to the payment deferrals are initially classified in the stage in which they had previously been classified, unless, based on their risk profile, they should be classified in a worse stage. On the other hand, as evidence of payment has ceased to exist or has been reduced, the Group has introduced additional indicators or segmentations to identify the significant increase in risk or impairment that may have occurred in some transactions or a set of them and, where appropriate, they have been classified in Stage 2 or Stage 3. Furthermore, the indications provided by the European Banking Authority (EBA) have been taken into account to not consider as "forbearance" the payment deferrals that meet a series of requirements. All this without prejudice to maintaining its consideration as a forbearance if it was previously qualified as such or classifying the exposure in the corresponding stage previously stated. On the other hand, the treatment planned for the payment deferrals that expire and may require additional support will be in accordance with the updated evaluation of the customer's credit quality and the characteristics of the solution granted. If applicable, they will be treated as Refinancing or Restructuring as described in Note 7.2.7 of the Financial Statements. Regarding public support for lending, it does not affect the evaluation of the significant increase in risk since risk is valued based on the credit quality of the relevant instrument. However, in estimating the expected loss, the existence of the guarantor implies a possible reduction in the level of provisions necessary since, for the hedged part, the loss that would be incurred in the foreclosure of the guarantee is taken into account. The public guarantees granted in the different geographies in which the Group operates have been considered as an integral part of the terms and conditions of the loans granted under the consideration that the guarantees are granted at the same time that the financing is granted to the client and in a way inseparable from it. The quantitative information on refinancing and restructuring operations is presented in Appendix VIII: "Quantitative information on refinancing and restructuring operations and other requirement under Bank of Spain Circular 6/2012". IFRS 9 requires determining the Expected Credit Loss (hereinafter "ECL") of a financial instrument in a way that reflects an unbiased estimation removing any conservatism or optimism, including the time value of money and a forward-looking perspective (including the economic forecast), all this based on the information that is available at a certain point in time and that is reasonable and bearable with respect to future economic conditions. Therefore, the recognition and measurement of ECL is highly complex and involves the use of significant analysis and estimation including formulation and incorporation of forward-looking economic conditions into the ECL model. The modeling of the ECL calculation is subject to a governance system that is common to the entire Group. Within this common framework, each geography makes the necessary adaptations to capture its particularities. The methodology, assumptions and observations used by each geography are reviewed annually, and after a validation and approval process, the outcome of this review is incorporated into the ECL calculations. Risk parameters by homogeneous groups Expected losses can be estimated both individually and collectively. Regarding the collective estimate, the instruments are distributed in homogeneous groups (segments) that share similar risk characteristics. Following the guidelines established by the Group for the development of models under IFRS 9, each geography performs the grouping based on the information available, its representativeness or relevance and compliance with the necessary statistical requirements. Depending on the portfolio or the parameter being estimated, one risk driver or another will apply and different segments will reflect differences in PDs and LGDs. Thus, in each segment, changes in the level of credit risk will respond to the impact of changing conditions on the common range of credit risk drivers. The effect on the Group’s credit risk in response to changes in forward-looking information will be considered as well. Macroeconomic modeling for each segment is carried out using some of the shared risk characteristics. These segments share credit risk characteristics such that changes in credit risk in a part of the portfolio are not concealed by the performance of other parts of the portfolio. In that sense, the methodology developed for ECL estimation indicates the risk drivers that have to be taken into account for PD segmentation purposes, depending on whether the estimation is for retail or wholesale portfolios. As an example of the variables that can be taken into consideration to determine the final models, the following stand out: – PD - Retail: Contractual residual maturity, credit risk scoring, type of product, days past due, forbearance, time on books, time to maturity, nationality of the debtor, sale channel, original term, indicator of credit card activity, percentage of initial drawn balance in credit cards. – PD - Wholesale: Credit Risk Rating, type of product, watch-list level, forbearance (client), time to maturity, industry sector, updated balance (y/n), written off, grace period. – LGD – retail: credit Risk Scoring, segment, type of product, secured / unsecured, type of collateral, sales channel, nationality, business area, debtor’s commercial segment, forbearance (account) EAD (this risk driver could be correlated with the time on books or the LTV so, before including it, an assessment should be done in order to avoid a double co

Note 8

Note 8	12 Months Ended
	Dec. 31, 2021
Fair value of financial instruments [Abstract]
Disclosure of fair value of financial instruments [text block]	Fair value of financial instruments Framework and processes control As part of the process established in the Group for determining the fair value so that financial assets and liabilities are properly following the IFRS 13 principles: Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the principal market or most advantageous market, at the measurement date. BBVA has established, at a geographic level, a structure of Risk Operational Admission and Product Governance Committees responsible for validating and approving new products or types of financial assets and liabilities before being contracted. Local management responsible for valuation, which are independent from the business are members of these committees. These areas attempt to ensure, prior to the approval stage, the existence of not only technical and human resources, but also adequate informational sources to measure the fair value of these financial assets and liabilities, in accordance with the rules established by the valuation global area and using models that have been validated and approved by the responsible areas complying with the governance of BBVA Group's official models. Fair value hierarchy All financial instruments, both assets and liabilities are initially recognized at fair value, which at that point is equivalent to the transaction price, unless there is evidence to the contrary in the market. Subsequently, depending on the type of financial instrument, it may continue to be recognized at amortized cost or fair value through adjustments in the consolidated income statement or equity. When possible, the fair value is determined as the market price of a financial instrument. However, for many of the financial assets and liabilities of the Group, especially in the case of derivatives, there is no market price available, so its fair value is estimated on the basis of the price established in recent transactions involving similar instruments or, in the absence thereof, by using mathematical measurement models that are sufficiently tried and trusted by the international financial community. The estimates of the fair value derived from the use of such models take into consideration the specific features of the asset or liability to be measured and, in particular, the various types of risk associated with such asset or liability. However, the limitations inherent in the measurement models and possible inaccuracies in the assumptions and parameters required by these models may mean that the estimated fair value of an asset or liability does not exactly match the price for which the asset or liability could be exchanged or settled on the date of its measurement. Additionally, for financial assets and liabilities that show significant uncertainty in inputs or model parameters used for valuation, criteria is established to measure said uncertainty and activity limits are set based on these. Finally, these measurements are compared, as much as possible, against other sources such as the measurements obtained by the business teams or those obtained by other market participants. The process for determining the fair value requires the classification of the financial assets and liabilities according to the measurement processes used as set forth below: – Level 1: Valuation using directly the quotation of the instrument, observable and readily and regularly available from independent price sources and referenced to active markets that the entity can access at the measurement date. The instruments classified within this level are fixed-income securities, equity instruments and certain derivatives. – Level 2: Valuation of financial instruments with commonly accepted techniques that use inputs obtained from observable data in markets. – Level 3: Valuation of financial instruments with valuation techniques that use significant unobservable inputs in the market. As of December 31, 2021, the affected instruments at fair value accounted for approximately 0.74% of financial assets and 0.35% of the Group’s financial liabilities. Model selection and validation is undertaken by control areas outside the business areas. Fair Value and Carrying Amount (Millions of euros) 2021 2020 2019 Notes Carrying Amount Fair Value Carrying Amount Fair Value Carrying Amount Fair Value ASSETS Cash, cash balances at central banks and other demand deposits 9 67,799 67,799 65,520 65,520 44,303 44,303 Financial assets held for trading 10 123,493 123,493 105,878 105,878 99,469 99,469 Non-trading financial assets mandatorily at fair value through profit or loss 11 6,086 6,086 5,198 5,198 5,557 5,557 Financial assets designated at fair value through profit or loss 12 1,092 1,092 1,117 1,117 1,214 1,214 Financial assets at fair value through other comprehensive income 13 60,421 60,421 69,440 69,440 61,183 61,183 Financial assets at amortized cost 14 372,676 377,451 367,668 374,267 439,162 442,788 Derivatives – Hedge accounting 15 1,805 1,805 1,991 1,990 1,729 1,729 LIABILITIES Financial liabilities held for trading 10 91,135 91,135 84,109 84,109 86,414 86,413 Financial liabilities designated at fair value through profit or loss 12 9,683 9,683 10,050 10,050 10,010 10,010 Financial liabilities at amortized cost 22 487,893 488,733 490,606 491,006 516,641 515,910 Derivatives – Hedge accounting 15 2,626 2,626 2,318 2,318 2,233 2,233 Not all financial assets and liabilities are recorded at fair value, so below we provide the information on financial instruments recorded at fair value and subsequently the information of those recorded at amortized cost (including their fair value although this value is not used when accounting for these instruments). Below are the different elements used in the valuation technique of financial instruments. Active Market BBVA considers an active market as a market that allows the observation of bid and offer prices representative of the levels to which the market participants are willing to negotiate an asset, with sufficient frequency and volume. Furthermore, BBVA would consider as traded in an “Organized Market” quotations for assets or liabilities from Over The Counter (OTC) markets when they are obtained from independent sources, observable on a daily basis and fulfil certain conditions. The following table shows the financial instruments carried at fair value in the accompanying consolidated balance sheets, broken down by level used to determine their fair value as of December 31, 2021, 2020 and 2019: Fair Value of Financial Instruments by Levels (Millions of Euros) 2021 2020 2019 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 ASSETS Financial assets held for trading 32,371 87,736 3,386 32,555 71,938 1,386 31,135 67,262 1,072 Equity instruments 15,925 — 37 11,367 31 60 8,832 — 59 Debt securities 11,877 13,725 189 12,790 11,123 57 18,076 8,178 55 Loans and advances 615 47,279 2,913 2,379 26,741 1,148 697 30,491 849 Derivatives 3,954 26,732 247 6,019 34,043 121 3,530 28,593 109 Non-trading financial assets mandatorily at fair value through profit or loss 4,378 522 1,186 3,826 381 992 4,305 92 1,160 Equity instruments 4,158 394 751 3,612 57 465 4,223 1 103 Debt securities — 128 — 4 324 28 — 91 19 Loans and advances 220 — 435 210 — 499 82 — 1,038 Financial assets designated at fair value through profit or loss 916 176 — 939 178 — 1,214 — — Equity instruments — — — — — — — — — Debt securities 916 176 — 939 178 — 1,214 — — Loans and advances — — — — — — — — — Financial assets at fair value through other comprehensive income 52,157 7,545 719 60,976 7,866 598 50,896 9,203 1,084 Equity instruments 1,178 36 106 961 34 105 1,794 146 480 Debt securities 50,952 7,509 613 59,982 7,832 493 49,070 9,057 604 Loans and advances 27 — — 33 — — 33 — — Derivatives – Hedge accounting 63 1,733 9 120 1,862 8 44 1,685 — LIABILITIES Financial liabilities held for trading 26,215 64,305 615 27,587 56,127 395 26,266 59,438 710 Trading derivatives 4,755 26,560 389 7,402 34,046 232 4,425 29,466 175 Short positions 15,124 11 — 11,805 504 3 12,246 1 2 Deposits 6,335 37,733 226 8,381 21,577 159 9,595 29,971 533 Financial liabilities designated at fair value through profit or loss 1 8,243 1,439 — 8,558 1,492 — 8,629 1,382 Customer deposits — 809 — — 902 — — 944 — Debt certificates 1 1,956 1,439 — 3,038 1,492 — 3,274 1,382 Other financial liabilities — 5,479 — — 4,617 — — 4,410 — Derivatives – Hedge accounting 53 2,573 — 53 2,250 15 30 2,192 11 The following table sets forth the main valuation techniques, hypothesis and inputs used in the estimation of fair value of the financial instruments classified under Levels 2 and 3, based on the type of financial asset and liability and the corresponding balances as of December 31, 2021, 2020 and 2019. Fair value of Financial Instruments by levels.(Millions of euros) 2021 2020 2019 Level 2 Level 3 Level 2 Level 3 Level 2 Level 3 Valuation technique(s) Observable inputs Unobservable inputs ASSETS Financial assets held for trading 87,736 3,386 71,938 1,386 69,092 1,508 Equity instruments — 37 31 60 — 59 Comparable pricing (Observable price in a similar market) - Brokers quotes -NAV provided by the administrator of the fund Debt securities 13,725 189 11,123 57 8,178 55 Present-value method - Issuer´s credit risk - Prepayment rates Loans and advances 47,279 2,913 26,741 1,148 30,491 849 Present-value method - Issuer´s credit risk - Prepayment rates Derivatives 26,732 247 34,043 121 28,593 109 Interest rate Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flows - Exchange rates - Beta Equity Future and Equity Forward: Discounted future cash flows - Volatility of volatility Foreign exchange and gold Future and Equity Forward: Discounted future cash flows - Volatility of volatility Credit Credit Derivatives: Default model and Gaussian copula - Correlation default Commodities Commodities: Momentum adjustment and discounted cash flows Non-trading financial assets mandatorily at fair value through profit or loss 522 1,186 381 992 92 1,160 Equity instruments 394 751 57 465 1 103 Comparable pricing (Observable price in a similar market) - Brokers quotes - NAV provided by the administrator of the fund Debt securities 128 — 324 28 91 19 Present-value method - Issuer credit risk - Prepayment rates Loans and advances — 435 — 499 — 1,038 Specific liquidation criteria regarding losses of the EPA proceedings - Prepayment rates Financial assets designated at fair value through profit or loss 176 — 178 — — — Present-value method - Issuer credit risk Debt securities 176 — 178 — — — Financial assets at fair value through other comprehensive income 7,545 719 7,866 598 9,203 1,084 Equity instruments 36 106 34 105 146 480 Comparable pricing (Observable price in a similar market) - Brokers quotes - NAV provided by the administrator of the fund Debt securities 7,509 613 7,832 493 9,057 604 Present-value method - Issuer´s credit risk - Prepayment rates Hedging derivatives 1,733 9 1,862 8 1,685 — Interest rate Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flows - Exchange rates - Beta Equity Future and Equity Forward: Discounted future cash flows - Volatility of volatility Foreign exchange and gold Future and Equity Forward: Discounted future cash flows - Volatility of volatility Credit Credit Derivatives: Default model and Gaussian copula - Correlation default Commodities Commodities: Momentum adjustment and Discounted cash flows Fair Value of Financial Instruments by Levels.(Millions of Euros) 2021 2020 2019 Level 2 Level 3 Level 2 Level 3 Level 2 Level 3 Valuation technique(s) Observable inputs Unobservable inputs LIABILITIES Financial liabilities held for trading 64,305 615 56,127 395 61,588 827 Deposits 37,733 226 21,577 159 29,971 533 Present-value method - Interest rate yield - Funding interest rates not observed in the market or in consensus services Derivatives 26,560 389 34,046 232 29,466 175 Interest rate Interest rate products (Interest rate Swaps, call money Swaps y FRA): Discounted cash flows - Exchange rates - Beta Equity Future and Equity forward: Discounted future cash flows - Volatility of volatility Foreign exchange and gold Future and Equity Forward: Discounted future cash flows - Volatility of volatility Credit Credit Derivatives: Default model and Gaussian copula - Correlation default Commodities Commodities: Momentum adjustment and discounted cash flows Short positions 11 — 504 3 1 2 Present-value method - Prepayment rates Financial liabilities designated at fair value through profit or loss 8,243 1,439 8,558 1,492 8,629 1,382 Present-value method - Prepayment rates - Issuer´s credit risk - Current market interest rates - Prepayment rates Derivatives – Hedge accounting 2,573 — 2,250 15 2,192 11 Interest rate Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flows - Exchange rates - Beta Equity Future and Equity Forward: Discounted future cash flows - Volatility of volatility Foreign exchange and gold Future and Equity Forward: Discounted future cash flows - Volatility of volatility Credit Credit Derivatives: Default model and Gaussian copula - Correlation default Commodities Commodities: Momentum adjustment and discounted cash flows Main valuation techniques The main techniques used for the assessment of the majority of the financial instruments classified in Level 3, and its main unobservable inputs, are described below: – The net present value (net present value method): This technique uses the future cash flows of each financial instrument, which are established in the different contracts, and discounted to their present value. This technique often includes many observable inputs, but may also include unobservable inputs, as described below: a. Credit Spread: This input represents the difference in yield of a debt security and the reference rate, reflecting the additional return that a market participant would require to take the credit risk of that debt security. Therefore, the credit spread of the debt security is part of the discount rate used to calculate the present value of the future cash flows. b. Recovery rate: This input represents the percentage of principal and interest recovered from a debt instrument that has defaulted. – Comparable prices (similar asset prices): This input represents the prices of comparable financial instruments and benchmarks used to calculate a reference yield based on relative movements from the entry price or current market levels. Further adjustments to account for differences that may exist between financial instrument being valued and the comparable financial instrument may be added. It can also be assumed that the price of the financial instrument is equivalent to the comparable instrument. – Net asset value: This technique utilizes certain assumptions to use net asset value as representative of fair value, which is equal to the total value of the assets and liabilities of a fund published by the managing entity. – Gaussian copula: This model is used to integrate default probabilities of credit instruments referenced to more than one underlying CDS. The joint density function used to value the instrument is constructed by using a Gaussian copula that relates the marginal densities by a normal distribution, usually extracted from the correlation matrix of events approaching default by CDS issuers. – Black 76: variant of Black Scholes model, whose main application is the valuation of bond options, cap floors and swaptions where the behavior of the Forward and not the Spot itself, is directly modeled. – Black Scholes: The Black Scholes model postulates log-normal distribution for the prices of securities, so that the expected return under the risk neutral measure is the risk free interest rate. Under this assumption, the price of vanilla options can be obtained analytically, so that inverting the Black- Scholes formula, the implied volatility for process of the price can be calculated. – Heston: This model, typically applied to equity OTC options, assumes stochastic behavior of volatility. According to which, the volatility follows a process that reverts to a long-term level and is correlated with the underlying equity instrument. As opposed to local volatility models, in which the volatility evolves deterministically, the Heston model is more flexible, allowing it to be similar to that observed in the short term today. – Libor market model: This model assumes that the dynamics of the interest rate curve can be modeled based on the set of forward contracts that compose the underlying interest rate. The correlation matrix is parameterized on the assumption that the correlation between any two forward contracts decreases at a constant rate, beta, to the extent of the difference in their respective due dates. The input “Credit default volatility” is a volatility input of the credit factor dynamic applied in rate/credit hybrid operative. The multifactorial frame of this model makes it ideal for the valuation of instruments sensitive to the slope or curve, including interest rate option. – Local Volatility: In the local volatility models, the volatility, instead of being static, evolves deterministically over time according to the level of moneyness (i.e. probability that the option has a positive value on its date of expiration) of the underlying, capturing the existence of volatility smiles. The volatility smile of an option is the empirical relationship observed between its implied volatility and its strike price. These models are appropriate for options whose value depends on the historical evolution of the underlying which use Monte Carlo simulation technique for their valuation. Unobservable inputs Quantitative information of unobservable inputs used to calculate Level 3 valuations is presented below as of December 31, 2021, 2020 and 2019: Unobservable inputs. December 2021 Financial instrument Valuation technique(s) Significant unobservable inputs Min Average Max Units Debt Securities Present value method Credit Spread 2.72 125.41 2,374.39 bp Recovery Rate 0.00 % 37.34 % 40.00 % % 0.10 % 96.63 % 144.11 % % Equity/Fund instruments (*) Net Asset Value Comparable Pricing Loans and advances Present value method Repo funding curve (2.71) % 1.16 % 4.99 % Abs Repo rate Credit Derivatives Gaussian Copula Correlation Default 34.56 % 43.47 % 52.78 % % Black 76 Price Volatility — Vegas Equity Derivatives Option models on equities, baskets of equity, funds Dividends (**) Correlations (88) % 60 % 99 % % Volatility 5.57 26.30 62.00 Vegas FX Derivatives Option models on FX underlyings Volatility 3.96 9.71 16.34 Vegas IR Derivatives Option models on IR underlyings Beta 0.25 2.00 18.00 % Correlation Rate/Credit (100) 100 % Credit Default Volatility — — — Vegas (*) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. (**) The range of unobservable dividends is too wide range to be relevant. Unobservable inputs. December 2020 Financial instrument Valuation technique(s) Significant unobservable inputs Min Average Max Units Debt Securities Present value method Credit Spread 4.32 47.01 564.22 bp Recovery Rate 0.00 % 37.06 % 40.00 % % 0.10 % 99.92 % 143.87 % % Equity/Fund instruments (*) Net Asset Value Comparable Pricing Loans and advances Present value method Repo funding curve (1.18) % (0.25) % 0.74 % Abs Repo rate Credit Derivatives Gaussian Copula Correlation Default 30.40 % 44.87 % 60.95 % % Black 76 Price Volatility — Vegas Equity Derivatives Option models on equities, baskets of equity, funds Dividends (**) Correlations (77) % 51 % 98 % % Volatility 6.52 29.90 141.77 Vegas FX Derivatives Option models on FX underlyings Volatility 4.11 10.00 16.14 Vegas IR Derivatives Option models on IR underlyings Beta 0.25 2.00 18.00 % Correlation Rate/Credit (100) 100 % Credit Default Volatility — — — Vegas (*) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. (**) The range of unobservable dividends is too wide range to be relevant. Unobservable inputs. December 2019 Financial instrument Valuation technique(s) Significant unobservable inputs Min Average Max Units Loans and advances Present value method Repo funding curve (6) 16 100 bp Debt securities Comparable pricing Credit spread 18 83 504 bp Recovery rate 0.00 % 28.38 % 40.00 % % 0.01 % 98.31 % 135.94 % % Equity instruments (*) Net asset value Comparable pricing Credit option Gaussian Copula Correlation default 19.37 % 44.33 % 61.08 % % Corporate Bond option Black 76 Price volatility — Vegas Equity OTC option Heston Forward volatility skew 35.12 35.12 35.12 Vegas Local volatility Dividends (**) Volatility 2.49 23.21 60.90 Vegas FX OTC options Black Scholes/Local Vol Volatility 3.70 6.30 10.05 Vegas Interest rate options Libor Market Model Beta 0.25 2.00 18.00 % Correlation rate/Credit (100) 100 % Credit default Volatility — — — Vegas (*) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. (**) The range of unobservable dividends is too wide range to be relevant. Adjustments to the valuation Under IFRS 13, the entity must estimate the value taking into account the assumptions and conditions that market participants would have when setting the price of the asset or liability on the valuation date. In order to comply with the fair value requirements, the entity applies adjustments to the fair valuation considering, default criteria, inherent and from the counterparties, valuation risk from funding and valuation risks due to valuation uncertainty and related to the prudent valuation criteria. All of the above are aligned with the regulatory requirements (EBA CRR 105.10) and considering model risk, liquidity risk (Bid / Offer) and price uncertainty risk. Adjustments to the valuation for risk of default The fair value of liabilities should reflect the entity's default risk, which includes, among other components, its own credit risk. Taking this into account, the Group makes valuation adjustments for credit risk in the estimates of the fair value of its assets and liabilities. These adjustments are calculated by estimating Exposure At Default, Probability of Default and Loss Given Default, which are based on the recovery levels for all derivative products on any instrument, deposits and repos at the legal entity level (all counterparties under a same master agreement), in which BBVA has exposure. Credit Valuation Adjustment (hereinafter “CVA”) and Debit Valuation Adjustments (hereinafter “DVA”) are included in the valuation of derivatives, both assets and liabilities, to reflect the impact on the fair value of the counterparty credit risk and its own, respectively. The Group incorporates in its valuation, for all exposures classified in any of the categories valued at fair value, both the counterparty credit risk and its own. In the trading portfolio, and in the specific case of derivatives, credit risk is recognized through such adjustments. As a general rule, the calculation of CVA is the sum of the expected positive exposure in time t, the probability of default between t-1 and t, and the Loss Given Default of the counterparty. Consequently, the DVA is calculated as the sum of the expected negative exposure in time t, the probability of default of BBVA between t-1 and t, and the Loss Given Default of BBVA. Both calculations are performed throughout the entire period of potential exposure. The calculation of the expected positive and negative exposure is done through a Montecarlo simulation of the market variables involved in all trades’ valuation under the same legal netting set. The information needed to calculate the probability of default and the loss given default of a counterparty comes from the credit markets. The counterparty’s Credit Default Swaps are used if liquid quotes are available. If a market price is not available, BBVA has implemented a mapping process based on the sector, rating and geography of the counterparty to assign probabilities of default and loss given default calibrated directly to market. An additional adjustment for Own Credit Adjustment (OCA) is applied to the instruments accounted for by applying the Fair Value Option permitted by IFRS 9. The amounts recognized in the consolidated balance sheet as of December 31, 2021, 2020 and 2019 related to the valuation adjustments to the credit assessment of the derivative asset as Credit Valuation Adjustments (CVA) were €-121 million, €-142 million and €-106 million respectively, and the valuation adjustments to the derivative liabilities as Debit Valuation Adjustment (DVA) were €104 million, €124 million and €117 million, respectively. The impact recorded under “Gains (losses) on financial assets and liabilities held for trading, net” in the consolidated income statement for the year ended December 31, 2021, 2020 and 2019 corresponding to the mentioned adjustments was a net impact of €0 million, €-29 million and €67 million respectively. Valuation adjustments for financing risk The fair value of the positions recorded at fair value must reflect the entity's financing risk. Taking into account the above, the Group makes adjustments for financing risk valuation (Funding Valuation Adjustment FVA) in the estimates of the fair value of its assets and liabilities. The adjustment to the valuation for financing risk incorporates the cost of financing implicit in the valuation of positions at fair value. This adjustment reflects the cost of funding for non-collateralized or partially collateralized operations. Additionally, as of December 31, 2021, 2020 and 2019, €-11 million, €-9 million and €-8 million related to the “Funding Valuation Adjustments” (“FVA”) were recognized in the consolidated balance sheet, being the impact on results €-1 million, €-1 million and €4 million, respectively. Valuation adjustments for valuation uncertainty The fair value of the positions recorded at fair value must reflect the valuation risk derived from the uncertainty in the valuation for concepts of pure uncertainty of prices, liquidity risk and model risks. This adjustment is aligned with the regulatory requirements for prudent valuation via valuation adjustments with an impact on CET1, and meets the requirements of EBA CRR 105.10 for this purpose. The adjustment to the valuation for liquidity incorporates an adjustment for Bid / Offer spreads in the valuation of derivatives that do not meet the necessary conditions to be considered a Market Maker operation. The adjustment to the valuation for model risk captures the uncertainty in the price associated with the products valued with the use of a valuation model ("Mark to Model") given the existence of more than one possible model applicable to the valuation of the product or the calibration of its parameters from the observations of inputs in the market. The adjustment to the valuation for price uncertainty includes the uncertainty associated with the dispersion in the values observed in the market for the prices taken in the valuation of assets or as inputs in the valuation models. The impact recorded under “Gains (losses) on financial assets and liabilities held for trading, net” in the consolidated income statement for the year ended December 31, 2021 corresponding to the mentioned adjustments was a net impact of €-30 million. Financial assets and liabilities classified as Level 3 The changes in the balance of Level 3 financial assets and liabilities included in the accompanying consolidated balance sheets are as follows: Financial assets Level 3: Changes in the year (Millions of Euros) 2021 2020 2019 Assets Liabilities Assets Liabilities Assets Liabilities Balance at the beginning 2,984 1,902 3,316 2,103 3,527 4,115 Changes in fair value recognized in profit and loss (*) 338 143 611 296 112 71 Changes in fair value not recognized in profit and loss (47) (10) (89) (4) 2 — Acquisitions, disposals and liquidations (**) 2,531 156 (725) (652) (432) 479 Net transfers to Level 3 (436) (80) 549 199 76 (2,751) Exchange differences and others (69) (56) (160) (35) 31 189 Discontinued operations (***) — — (518) (5) — — Balance at the end 5,301 2,054 2,984 1,902 3,316 2,103 (*)Profit or loss that is attributable to gains or losses relating to those financial assets and liabilities held as of December 31, 2021, 2020 and 2019. Valuation adjustments are recorded under the heading “Gains (losses) on financial assets and liabilities (net)”. (**) Of which, in 2021, the assets roll forward is comprised of €2,742 million of acquisitions and €211 million of disposals. The liabilities roll forward is comprised of €213 million of acquisitions and €57 million of sales. (***)The balance of 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). In 2021 there was an increase in the trading portfolio mainly due to the evolution of loans and advances and their corresponding funding with deposits. In line with this increase in the activity, there is a higher volume of exposures classified as level 3 which mainly corresponds to temporary acquisitions of assets, despite having improved throughout the year the observability of the inputs used to value these assets in the market. In 2020, a reduction was made in financial assets held for trading and financial liabilities held for trading classified as Level 2 in the fair value hierarchy for an amount of €1,918 million and a reduction in financial assets held for trading and Financial liabilities held for trading classified as Level 3 in the fair value hierarchy for an amount of €461 million euros (see Note 1.3). In 2019, certain interest rate yields were adapted to those observable in the market, which mainly affected the valuation of certain deposit classes recorded under “Financial liabilities at amortized cost” and certain insurance products recorded under “Financial liabilities designated at fair value through profit or loss - Other financial liabilities”, and, as a result thereof, their classification changed from Level 3 to Level 2. Additionally, €1,285 million in assets held for trading and €649 million in liabilities held for trading were classified in Level 3, mainly due to certain reverse repurchase and repurchase agreements, due to the non-observability and liquidity in the interest rate yield for the financing of assets applied in the calculation of their fair value. For the years ended December 31, 2021, 2020 and 2019, the profit/loss on sales of financial instruments classified as Level 3 recognized in the accompanying consolidated income statement was not material. Transfers among levels The Global Valuation Area, in collaboration with the Group, has established the rules for an appropriate financial instruments held for trading classification according to the fair value hierarchy defined by IFRS. On a monthly basis, any new assets added to the portfolio are classified, according to this criterion, by the subsidiaries. Then, there is a quarterly review of the portfolio in order to analyze the need for a change in classification of any of these assets. The financial instruments transferred among the different levels of measurement for the years ended December 31, 2021, 2020 and 2019 are at the following amounts in the accompanying consolidated balance sheets as of December 31, 2021, 2020 and 2019: Transfers among levels. December 2021 (Millions of Euros) From: Level 1 Level 2 Level 3 To: Level 2 Level 3 Level 1 Level 3 Level 1 Level 2 ASSETS Financial assets held for trading 924 2 35 184 10 637 Non-trading financial assets mandatorily at fair value through profit or loss 8 — — — 14 23 Financial assets designated at fair value through profit or loss — — — — — — Financial assets at fair value through other comprehensive income 596 17 506 50 — 6 Derivatives – Hedge accounting — — — — — — Total 1,528 19 542 234 24 665 LIABILITIES Financial liabilities held for trading 562 — 24 57 15 95 Financial liabilities designated at fair value through profit or loss — — — 38 — 65 Derivatives – Hedge accounting — — — — — — Total 562 — 24 95 15 160 Transfer among levels (Millions of Euros) 2020 2019 From: Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 To: Level 2 Level 3 Level 1 Level 3 Level 1 Level 2 Level 2 Level 3 Level 1 Level 3 Level 1 Level 2 ASSETS Financial assets held for trading 1,460 11 203 548 4 98 74 — 1,119

Note 9

Note 9	12 Months Ended
	Dec. 31, 2021
Cash Cash balances at central banks and other demand deposits [Abstract]
Disclosure Of Cash Cash Balances At Central Banks And Other Demand Deposits Explanatory [Text Block]	Cash, cash balances at central banks and other demand deposits The breakdown of the balance under the heading “Cash, cash balances at central banks and other demand deposits” in the accompanying consolidated balance sheets is as follows: Cash, cash balances at central banks and other demand deposits (Millions of Euros) Notes 2021 2020 2019 Cash on hand 6,877 6,447 7,060 Cash balances at central banks (*) 55,004 53,079 31,756 Other demand deposits 5,918 5,994 5,488 Total 8.1 67,799 65,520 44,303 (*) The variation in 2020 with respect to 2019 is mainly due to an increase in balances of BBVA, S.A. at the Bank of Spain.

Note 10

Note 10	12 Months Ended
	Dec. 31, 2021
Financial assets and liabilities held for trading [Abstract]
Disclosure of financial assets and liabilities held for trading [Text Block]	Financial assets and liabilities held for tradingBreakdown of the balance The breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows: Financial assets and liabilities held for trading (Millions of Euros) Notes 2021 2020 2019 ASSETS Derivatives (*) 30,933 40,183 32,232 Equity instruments 7.2.2 15,963 11,458 8,892 Credit institutions 816 633 1,037 Other sectors 15,147 10,824 7,855 Debt securities 7.2.2 25,790 23,970 26,309 Issued by central banks 936 1,011 840 Issued by public administrations 21,946 19,942 23,918 Issued by financial institutions 1,130 1,479 679 Other debt securities 1,778 1,538 872 Loans and advances (**) 7.2.2 50,807 30,268 32,037 Loans and advances to central banks 3,467 53 535 Reverse repurchase agreement 3,467 53 535 Loans and advances to credit institutions 31,916 18,317 19,020 Reverse repurchase agreement 31,901 18,310 18,953 Loans and advances to customers 15,424 11,898 12,482 Reverse repurchase agreement 14,916 11,295 12,187 Total assets 8.1 123,493 105,878 99,469 LIABILITIES Derivatives (*) 31,705 41,680 34,066 Short positions 15,135 12,312 12,249 Deposits (**) 44,294 30,117 40,099 Deposits from central banks 11,248 6,277 7,635 Repurchase agreement 11,248 6,277 7,635 Deposits from credit institutions 16,176 14,377 22,704 Repurchase agreement 15,632 14,035 22,313 Customer deposits 16,870 9,463 9,761 Repurchase agreement 16,824 9,418 9,689 Total liabilities 8.1 91,135 84,109 86,414 (*) The variation in 2021 is mainly due to the evolution of interest rate derivatives at BBVA, S.A. (**) The variation in 2021 corresponds mainly to the evolution of "Reverse repurchase agreement" of BBVA S.A., partially offset by the evolution of "Repurchase agreement". The information for 2020 and 2019 has been subject to certain non-significant modifications in order to improve comparability with the figures for financial year 2021 (see Note 1.3). As of December 31, 2021, 2020 and 2019 “Short positions” include €14,298, €11,696 and €11,649 million, respectively, held with general governments. The derivatives portfolio arises from the Group’s need to manage the risks it is exposed to in the normal course of business and also to market products amongst the Group’s customers. As of December 31, 2021, 2020 and 2019, trading derivatives were mainly contracted in over-the-counter (OTC) markets, with counterparties, consisting primarily of foreign credit institutions and other financial corporations, and are related to foreign-exchange, interest-rate and equity risk. Below is a breakdown of the net positions by transaction type of the fair value and notional amounts of derivatives recognized in the accompanying consolidated balance sheets, divided into organized and OTC markets: Derivatives by type of risk and by product or by type of market (Millions of Euros) 2021 2020 2019 Assets Liabilities Notional amount - Total Assets Liabilities Notional amount - Total Assets Liabilities Notional amount - Total Interest rate 15,782 15,615 3,902,760 26,451 26,028 3,252,066 21,004 20,378 3,024,794 OTC 15,774 15,610 3,884,561 26,447 26,020 3,233,718 21,004 20,377 2,997,443 Organized market 8 5 18,199 3 8 18,348 — 1 27,351 Equity instruments 2,802 4,123 72,656 2,626 4,143 72,176 2,263 3,499 84,140 OTC 775 1,930 48,695 584 1,836 42,351 353 1,435 40,507 Organized market 2,028 2,192 23,962 2,042 2,307 29,825 1,910 2,065 43,633 Foreign exchange and gold 12,104 11,471 533,395 10,952 11,216 461,898 8,608 9,788 472,194 OTC 12,090 11,445 526,590 10,942 11,216 457,180 8,571 9,782 463,662 Organized market 14 26 6,805 10 — 4,719 37 6 8,532 Credit 236 490 19,937 153 292 23,411 353 397 29,077 Credit default swap 236 254 18,121 146 156 21,529 338 283 26,702 Credit spread option — — — — — — — 2 150 Total return swap — 236 1,815 7 136 1,882 14 113 2,225 Other — — — — — — — — — Commodities 8 7 149 1 1 26 4 4 64 DERIVATIVES 30,933 31,705 4,528,897 40,183 41,680 3,809,577 32,232 34,066 3,610,269 Of which: OTC - credit institutions 21,069 22,488 1,073,921 24,432 27,244 958,017 19,962 22,973 1,000,243 Of which: OTC - other financial corporations 3,300 3,075 3,257,382 8,211 8,493 2,663,978 6,028 6,089 2,370,988 Of which: OTC - other 4,514 3,919 148,629 5,484 3,627 134,690 4,294 2,932 159,521

Note 11

Note 11	12 Months Ended
	Dec. 31, 2021
Non trading financial assets mandatorily at fair value through profit or loss [Abstract]
Disclosure of non trading financial assets mandatorily at fair value through profit or loss [Text Block]	Non-trading financial assets mandatorily at fair value through profit or loss The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as follows: Non-trading financial assets mandatorily at fair value through profit or loss (Millions of Euros) Notes 2021 2020 2019 Equity instruments (*) 7.2.2 5,303 4,133 4,327 Debt securities 7.2.2 128 356 110 Loans and advances to customers 7.2.2 655 709 1,120 Total 8.1 6,086 5,198 5,557 (*) The variation in 2021 is mainly due to increased exposure to investment funds in Mexican insurance companies, as a result of increases in the volume of products and the evolution of investment activity in fintech companies.

Note 12

Note 12	12 Months Ended
	Dec. 31, 2021
Financial assets at fair value through profit or loss [abstract]
Disclosure of financial instruments at fair value through profit or loss [text block]	Financial assets and liabilities designated at fair value through profit or lossThe breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows: Financial assets and liabilities designated at fair value through profit or loss (Millions of Euros) Notes 2021 2020 2019 ASSETS Debt securities 7.2.2 / 8.1 1,092 1,117 1,214 LIABILITIES Customer deposits 809 902 944 Debt certificates issued 3,396 4,531 4,656 Other financial liabilities: Unit-linked products 5,479 4,617 4,410 Total liabilities 8.1 9,683 10,050 10,010 Within “Financial liabilities designated at fair value through profit or loss”, liabilities linked to insurance products where the policyholder bears the risk (unit-link) are recorded. Since the liabilities linked to insurance products in which the policyholder assumes the risk are valued the same way as the assets associated to these insurance products, there is no credit risk component borne by the Group in relation to these liabilities. In addition, the assets and liabilities are included in these headings to reduce inconsistencies (asymmetries) in the valuation of those operations and those used to manage their risk.

Note 13

Note 13	12 Months Ended
	Dec. 31, 2021
Financial assets at fair value through other comprehensive income [abstract]
Disclosure of Financial Assets At Fair Value Through Other Comprehensive Income [Text Block]	Financial assets at fair value through other comprehensive incomeBreakdown of the balance The breakdown of the balance by the main financial instruments in the accompanying consolidated balance sheets is as follows: Financial assets at fair value through other comprehensive income (Millions of Euros) Notes 2021 2020 2019 Equity instruments 7.2.2 1,320 1,100 2,420 Debt securities (*) 59,074 68,308 58,731 Loans and advances to credit institutions 7.2.2 27 33 33 Total 8.1 60,421 69,440 61,183 Of which: loss allowances of debt securities (74) (97) (110) (*) The variation, in the last 3 years, corresponds mainly to changes in the portfolio of financial assets issued by governments in BBVA, S.A. During financial years 2021, 2020 and 2019, there have been no significant reclassifications from the heading “Financial assets at fair value through other comprehensive income” to other headings or from other headings to “Financial assets at fair value through other comprehensive income”. Financial assets at fair value through other comprehensive income. Equity instruments (Millions of Euros) 2021 2020 2019 Cost Unrealized gains Unrealized losses Fair value Cost Unrealized gains Unrealized losses Fair value Cost Unrealized gains Unrealized losses Fair value Listed equity instruments Spanish companies shares 2,235 — (1,146) 1,088 2,182 — (1,309) 873 2,181 — (507) 1,674 Foreign companies shares 98 35 (8) 125 100 38 (17) 121 136 87 (11) 213 The United States 29 — — 29 27 — — 27 30 47 — 78 Mexico 1 28 — 29 1 33 — 34 1 33 — 34 Turkey — 4 — 5 2 4 — 6 3 2 — 5 Other countries 69 2 (8) 63 70 1 (17) 54 102 5 (11) 96 Subtotal listed equity instruments 2,333 35 (1,154) 1,214 2,282 38 (1,326) 995 2,317 87 (518) 1,886 Unlisted equity instruments Spanish companies shares 5 7 — 11 5 1 — 5 5 1 — 5 Foreign companies shares 55 41 (1) 95 58 43 (1) 100 450 79 (1) 528 The United States — — — — — — — — 387 32 — 419 Mexico — — — 1 — — — 1 — — — — Turkey 3 — — 3 5 — — 5 5 4 — 9 Other countries 51 41 (1) 91 52 43 (1) 94 57 43 (1) 99 Subtotal unlisted equity instruments 60 48 (1) 107 62 44 (1) 105 454 80 (1) 533 Total 2,393 83 (1,155) 1,320 2,344 82 (1,327) 1,100 2,772 167 (519) 2,420 The breakdown of the balance under the heading “Debt securities” of the accompanying consolidated financial statements as of December 31, 2021, 2020 and 2019, broken down by issuers, is as follows: Financial assets at fair value through other comprehensive income. Debt securities (Millions of Euros) 2021 2020 2019 Amortized cost Unrealized gains Unrealized losses Fair value Amortized cost Unrealized gains Unrealized losses Fair value Amortized cost Unrealized gains Unrealized losses Fair value Domestic debt securities Government and other government agency 15,889 656 — 16,544 28,582 801 (16) 29,367 20,740 830 (20) 21,550 Central banks — — — — — — — — — — — — Credit institutions 1,125 51 — 1,176 1,363 76 — 1,439 959 65 — 1,024 Other issuers 612 24 (1) 635 867 40 (1) 906 907 40 — 947 Subtotal 17,625 731 (2) 18,355 30,811 917 (17) 31,712 22,607 935 (21) 23,521 Foreign debt securities Mexico 11,097 32 (359) 10,769 9,107 291 (3) 9,395 7,790 22 (26) 7,786 Government and other government agency 10,467 21 (348) 10,141 8,309 271 (1) 8,579 6,869 18 (19) 6,868 Central banks — — — — — — — — — — — — Credit institutions 120 3 (6) 118 113 5 — 118 77 2 — 78 Other issuers 509 7 (6) 510 685 15 (2) 698 843 2 (6) 840 Italy 7,407 213 (12) 7,608 3,897 367 — 4,263 2,325 244 (2) 2,567 Government and other government agency 7,274 212 (12) 7,474 3,789 366 — 4,154 2,193 244 (2) 2,435 Central banks — — — — — — — — — — — — Credit institutions 47 — — 47 48 — — 48 52 — — 52 Other issuers 86 1 — 87 60 1 — 61 80 1 — 81 Japan 4,961 7 — 4,968 4,551 1 (3) 4,549 2,735 3 — 2,738 Government and other government agency 4,906 7 — 4,913 4,492 — (3) 4,489 2,691 3 — 2,694 Central banks — — — — — — — — — — — — Credit institutions 18 — — 18 — — — — — — — — Other issuers 36 1 — 37 59 1 — 60 43 — — 44 The United States 3,900 44 (18) 3,926 4,642 52 (3) 4,691 11,376 68 (51) 11,393 Government and other government agency 1,754 7 (17) 1,744 2,307 9 (1) 2,315 8,570 42 (12) 8,599 Central banks — — — — — — — — — — — — Credit institutions 114 2 — 116 186 3 — 188 122 2 — 124 Other issuers 2,032 35 (1) 2,065 2,149 40 (2) 2,187 2,684 24 (39) 2,670 Turkey 2,888 199 (168) 2,920 3,456 90 (73) 3,473 3,752 38 (76) 3,713 Government and other government agency 2,888 199 (168) 2,920 3,456 90 (73) 3,473 3,752 38 (76) 3,713 Central banks — — — — — — — — — — — — Credit institutions — — — — — — — — — — — — Other issuers — — — — — — — — — — — — Other countries 10,298 286 (55) 10,529 9,892 372 (39) 10,225 6,810 307 (104) 7,013 Other foreign governments and government agency 2,488 115 (29) 2,574 2,177 136 (14) 2,300 2,079 137 (76) 2,140 Central banks 1,698 3 (5) 1,696 1,599 21 (8) 1,611 1,005 9 (4) 1,010 Credit institutions 2,306 92 (16) 2,382 2,468 116 (8) 2,576 1,743 109 (12) 1,840 Other issuers 3,807 76 (6) 3,877 3,648 99 (8) 3,738 1,983 52 (12) 2,023 Subtotal 40,551 780 (612) 40,719 35,545 1,172 (120) 36,596 34,788 681 (259) 35,210 Total 58,176 1,511 (614) 59,074 66,356 2,089 (137) 68,308 57,395 1,617 (280) 58,731 The credit ratings of the issuers of debt securities as of December 31, 2021, 2020 and 2019 are as follows: Debt securities by rating 2021 2020 2019 Fair value (Millions of Euros) % Fair value (Millions of Euros) % Fair value (Millions of euros) % AAA 2,413 4.1 % 4,345 6.4 % 3,669 6.2 % AA+ 586 1.0 % 595 0.9 % 7,279 12.4 % AA 646 1.1 % 449 0.7 % 317 0.5 % AA- 327 0.6 % 406 0.6 % 265 0.5 % A+ 6,179 10.5 % 5,912 8.7 % 3,367 5.7 % A 1,676 2.8 % 2,112 3.1 % 12,895 22.0 % A- 18,760 31.8 % 31,614 46.3 % 10,947 18.6 % BBB+ 11,465 19.4 % 8,629 12.6 % 9,946 16.9 % BBB 10,961 18.6 % 4,054 5.9 % 2,966 5.1 % BBB- 1,310 2.2 % 5,116 7.5 % 1,927 3.3 % BB+ or below 4,379 7.4 % 4,731 6.9 % 4,712 8.0 % Unclassified 372 0.6 % 345 0.5 % 441 0.8 % Total 59,074 100.0 % 68,308 100.0 % 58,731 100.0 % The changes in the gains/losses (net of taxes) in December 31, 2021, 2020 and 2019 of debt securities recognized under the equity heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss – Fair value changes of debt instruments measured at fair value through other comprehensive income” and equity instruments recognized under the equity heading “Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss –Fair value changes of equity instruments measured at fair value through other comprehensive income” in the accompanying consolidated balance sheets are as follows: Other comprehensive income - Changes in gains (losses) (Millions of Euros) Debt securities Equity instruments Notes 2021 2020 2019 2021 2020 2019 Balance at the beginning 2,069 1,760 943 (1,256) (403) (155) Valuation gains and losses (1,058) 489 1,267 183 (803) (238) Amounts transferred to income (63) (72) (119) — Amounts transferred to Reserves — (73) — Income tax and other 325 (107) (331) (7) 23 (10) Balance at the end 30 1,274 2,069 1,760 (1,079) (1,256) (403) In 2021, the debt securities presented an impairment amounting to €17 million in the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification– Financial assets at fair value through other comprehensive income” in the accompanying consolidated income statement (see Note 47). In 2020, debt securities presented an impairment amounting to €19 million in the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification–Financial assets at fair value through other comprehensive income” in the accompanying consolidated income statement (see Note 47) In 2019, debt securities presented an impairment amounting to €82 million in the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification–Financial assets at fair value through other comprehensive income” in the accompanying consolidated income statement (see Note 47) as a result of the decrease in the rating of debt securities in Argentina during the last quarter of 2019. In 2021 and 2020, equity instruments presented an increase of €183 million and a decrease of €803 million, respectively, in the heading “Gains and losses from valuation - Accumulated other comprehensive income - Items that will not be reclassified to profit and loss - Fair value changes of equity instruments measured at fair value through other comprehensive income”, mainly due to the Telefónica quotation.

Note 14

Note 14	12 Months Ended
	Dec. 31, 2021
Financial Assets At Amortised Cost [Abstract]
Disclosure of financial assets at amortised cost [Text Block]	Financial assets at amortized costBreakdown of the balance The breakdown of the balance under this heading in the accompanying consolidated balance sheets, according to the nature of the financial instrument, is as follows: Financial assets at amortized cost (Millions of Euros) Notes 2021 2020 2019 Debt securities 34,781 35,737 38,877 Central banks 15 — — Government 32,130 28,727 31,526 Credit institutions 817 783 719 Other financial corporations 525 5,027 5,254 Non-financial corporations 1,295 1,200 1,379 Loans and advances to central banks 5,681 6,209 4,275 Loans and advances to credit institutions 13,276 14,575 13,649 Reverse repurchase agreements 2,788 1,914 1,817 Other loans and advances 10,488 12,661 11,832 Loans and advances to customers (*) 7.2.2 318,939 311,147 382,360 Government 19,682 19,391 28,222 Other financial corporations 9,804 9,817 11,207 Non-financial corporations 140,993 136,424 166,789 Other 148,461 145,515 176,142 Total 8.1 372,676 367,668 439,162 Of which: impaired assets of loans and advances to customers 7.2.2 14,657 14,672 15,954 Of which: loss allowances of loans and advances 7.2.5 (11,142) (12,141) (12,427) Of which: loss allowances of debt securities (52) (48) (52) (*) The variation in 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). During financial years 2021, 2020 and 2019, there have been no significant reclassifications from the heading “Financial assets at amortized cost” to other headings or from other headings to “Financial assets at amortized cost”. Financial assets at amortized cost. Debt securities. (Millions of Euros) 2021 2020 2019 Amortized cost Unrealized gains Unrealized losses Fair value Amortized cost Unrealized gains Unrealized losses Fair value Amortized cost Unrealized gains Unrealized losses Fair value Domestic debt securities Government and other government agencies 17,693 1,326 (7) 19,013 13,656 1,212 — 14,868 12,755 630 (21) 13,363 Central banks — — — — — — — — — — — — Credit institutions — — — — — — — — 26 — — 26 Other issuers 337 10 (6) 341 4,835 59 (7) 4,887 4,903 38 (10) 4,931 Subtotal 18,031 1,336 (13) 19,353 18,492 1,271 (7) 19,756 17,684 668 (31) 18,320 Foreign debt securities Mexico 8,464 182 (138) 8,508 7,771 534 (16) 8,289 6,374 168 (18) 6,525 Government and other government agencies 7,669 170 (131) 7,708 6,963 479 — 7,442 5,576 166 — 5,742 Central banks — — — — — — — — — — — — Credit institutions 614 11 — 625 632 55 — 687 526 2 — 529 Other issuers 181 1 (7) 175 176 — (16) 160 272 — (18) 254 The United States 93 — — 93 52 — (26) 26 6,125 111 (20) 6,217 Government and other government agencies 10 — — 10 14 — — 14 5,690 111 (18) 5,783 Central banks — — — — — — — — — — — — Credit institutions 26 — — 26 23 — (16) 7 25 — (1) 25 Other issuers 57 — — 57 15 — (10) 5 410 — (1) 409 Turkey 2,634 143 (95) 2,682 3,628 95 (25) 3,698 4,113 48 (65) 4,097 Government and other government agencies 2,628 143 (95) 2,676 3,621 95 (25) 3,691 4,105 47 (65) 4,088 Central banks — — — — — — — — — — — — Credit institutions 5 — — 5 6 — — 6 7 1 — 8 Other issuers — — — — 1 — — 1 1 — — 1 Other countries 5,559 289 (37) 5,812 5,795 505 (1) 6,299 4,581 82 (26) 4,637 Other foreign governments and other government agency 4,144 257 (28) 4,374 4,473 467 (1) 4,939 3,400 82 (22) 3,459 Central banks — — — — — — — — — — — — Credit institutions 171 — — 171 122 — — 122 135 — — 135 Other issuers 1,243 32 (9) 1,267 1,200 38 — 1,238 1,047 — (4) 1,043 Subtotal 16,750 614 (270) 17,094 17,245 1,134 (68) 18,311 21,194 409 (129) 21,476 Total 34,781 1,950 (284) 36,447 35,737 2,405 (75) 38,067 38,877 1,077 (160) 39,796 As of December 31, 2021, 2020 and 2019, the distribution according to the credit quality (ratings) of the issuers of debt securities classified as financial assets at amortized cost, was as follows: Debt securities by rating 2021 2020 2019 Carrying amount (Millions of Euros) % Carrying amount (Millions of Euros) % Carrying amount (Millions of Euros) % AAA 143 0.4 % 151 0.4 % 39 0.1 % AA+ 77 0.2 % 74 0.2 % 6,481 16.7 % AA 76 0.2 % 64 0.2 % 14 — % AA- 69 0.2 % 48 0.1 % 713 1.8 % A+ 62 0.2 % 42 — % — — % A 619 1.8 % 590 1.7 % 16,806 43.2 % A- 16,312 46.9 % 16,736 46.8 % 607 1.6 % BBB+ 9,336 26.8 % 7,919 22.2 % 3,715 9.6 % BBB 3,853 11.1 % 942 2.6 % 551 1.4 % BBB- 527 1.5 % 4,499 12.6 % 3,745 9.6 % BB+ or below 3,120 9.0 % 3,928 11.0 % 5,123 13.2 % Unclassified 587 1.7 % 743 2.1 % 1,083 2.8 % Total 34,781 100.0 % 35,737 100.0 % 38,877 100.0 % The breakdown of the balance under this heading in the accompanying consolidated balance sheets, according to their nature, is as follows: Loans and advances to customers (Millions of Euros) 2021 2020 2019 On demand and short notice 3,161 2,835 3,050 Credit card debt 14,030 13,093 16,354 Trade receivables 19,524 15,544 17,276 Finance leases 7,911 7,650 8,711 Reverse repurchase agreements 23 71 26 Other term loans 268,047 267,031 332,160 Advances that are not loans 6,243 4,924 4,784 Total 318,939 311,147 382,360 The heading “Financial assets at amortized cost – Loans and advances to customers” in the accompanying consolidated balance sheets also includes certain secured loans that, pursuant to the Mortgage Market Act, are linked to long-term mortgage covered bonds. The following table sets forth a breakdown of the gross carrying amount "Loans and advances to customers" with maturity greater than one year by fixed and variable rate as of December 31, 2021, 2020 and 2019: Loans and advances maturing in more than one year by fixed and variable rate (Millions of Euros) 2021 2020 2019 Domestic Foreign Total Domestic Foreign Total Domestic Foreign Total Fixed rate 56,756 62,228 118,984 46,104 66,444 112,548 55,920 68,915 124,835 Variable rate 75,544 44,237 119,781 86,710 41,452 128,162 79,329 97,765 177,095 Total 132,300 106,465 238,765 132,814 107,895 240,710 135,249 166,680 301,929 As of December 31, 2021, 2020 and 2019, 50%, 47% and 41%, respectively, of "Loans and advances to customers" with maturity greater than one year have fixed-interest rates and 50 %, 53% and 59%, respectively, have variable interest rates. This heading also includes some loans that have been securitized. The balances recognized in the accompanying consolidated balance sheets corresponding to these securitized loans are as follows: Securitized loans (Millions of Euros) 2021 2020 2019 Securitized mortgage assets 23,695 23,953 26,169 Other securitized assets 6,547 6,144 4,249 Total 30,242 30,098 30,418

Note 15

Note 15	12 Months Ended
	Dec. 31, 2021
Hedging derivatives and fair value changes of the hedged items in portfolio hedge of interest rate risk [Abstract]
Disclosure of Hedging derivatives and fair value changes of the hedged items in portfolio hedge of interest rate risk [Text Block]	Hedging derivatives and fair value changes of the hedged items in portfolio hedges of interest rate risk The balance of these headings in the accompanying consolidated balance sheets is as follows: Derivatives – Hedge accounting and fair value changes of the hedged items in portfolio hedge of interest rate risk (Millions of Euros) 2021 2020 2019 ASSETS Derivatives - Hedge accounting 1,805 1,991 1,729 Fair value changes of the hedged items in portfolio hedges of interest rate risk 5 51 28 LIABILITIES Derivatives - Hedge accounting 2,626 2,318 2,233 Fair value changes of the hedged items in portfolio hedges of interest rate risk — — — As of December 31, 2021, 2020 and 2019, the main positions hedged by the Group and the derivatives designated to hedge those positions were: – Fair value hedging: a. Fixed-interest debt securities at fair value through other comprehensive income and at amortized cost: The interest rate risk of these securities is hedged using interest rate derivatives (fixed-variable swaps) and forward sales. b. Long-term fixed-interest debt securities issued by the Bank: the interest rate risk of these securities is hedged using interest rate derivatives (fixed-variable swaps). c. Fixed-interest loans: The equity price risk of these instruments is hedged using interest rate derivatives (fixed-variable swaps). d. Fixed-interest and/or embedded derivative deposit portfolio hedges: it covers the interest rate risk through fixed-variable swaps. The valuation of the borrowed deposits corresponding to the interest rate risk is in the heading "Fair value changes of the hedged items in portfolio hedges of interest rate risk”. – Cash-flow hedges: Most of the hedged items are floating interest-rate loans and asset hedges linked to the inflation of the financial assets at fair value through other comprehensive income portfolio. This risk is hedged using foreign-exchange, interest-rate swaps, inflation and FRA (Forward Rate Agreement). – Net foreign-currency investment hedges: These hedged risks are foreign-currency investments in the Group’s foreign subsidiaries. This risk is hedged mainly with foreign-exchange options and forward currency sales and purchases. Note 7 analyzes the Group’s main risks that are hedged using these financial instruments. The details of the net positions by hedged risk of the fair value of the hedging derivatives recognized in the accompanying consolidated balance sheets are as follows: Derivatives - Hedge accounting. Breakdown by type of risk and type of hedge (Millions of Euros) 2021 2020 2019 Assets Liabilities Assets Liabilities Assets Liabilities Interest rate 697 322 989 525 920 488 OTC 697 322 989 525 920 488 Organized market — — — — — — Equity — — — — — 3 OTC — — — — — 3 Organized market — — — — — — Foreign exchange and gold 463 135 435 350 420 316 OTC 463 135 435 350 420 316 Organized market — — — — — — Credit — — — — — — Commodities — — — — — — Other — — — — — — FAIR VALUE HEDGES 1,160 457 1,424 874 1,341 808 Interest rate 228 1,786 154 1,055 224 850 OTC 226 1,786 154 1,041 224 839 Organized market 2 — — 15 — 11 Equity — — — — — — Foreign exchange and gold 180 79 225 55 115 18 OTC 180 79 225 50 115 18 Organized market — — — 5 — — Credit — — — — — — Commodities — — — — — — Other — — — — — — CASH FLOW HEDGES 408 1,865 379 1,111 339 868 HEDGE OF NET INVESTMENTS IN A FOREIGN OPERATION 198 196 166 139 12 242 PORTFOLIO FAIR VALUE HEDGES OF INTEREST RATE RISK 18 95 18 170 37 216 PORTFOLIO CASH FLOW HEDGES OF INTEREST RATE RISK 21 13 3 23 1 99 DERIVATIVES-HEDGE ACCOUNTING 1,805 2,626 1,991 2,318 1,729 2,233 of which: OTC - credit institutions 1,454 2,248 1,718 1,965 1,423 1,787 of which: OTC - other financial corporations 349 378 273 333 306 426 Below there is a breakdown of the items covered by fair value hedges: Hedged items in fair value hedges (Millions of Euros) Carrying amount Hedge adjustments included in the carrying amount of assets/liabilities Remaining adjustments for discontinued micro hedges including hedges of net positions Hedged items in portfolio hedge of interest rate risk 2021 2020 2021 2020 2021 2020 2021 2020 ASSETS Financial assets measured at fair value through other comprehensive income 20,333 28,091 (52) (99) 11 12 — — Interest rate 20,285 28,059 Other 49 33 Financial assets measured at amortized cost 8,273 11,177 168 386 5 3 1,997 2,500 Interest rate 8,270 11,177 Foreign exchange and gold 2 — LIABILITIES Financial liabilities measured at amortized costs 24,567 23,546 (690) (576) — 2 — — Interest rate 24,563 23,543 Foreign exchange and gold 5 3 The following is the breakdown, by their notional maturities, of the hedging instruments as of December 31, 2021: Calendar of the notional maturities of the hedging instruments (Millions of Euros) Up to 3 months From 3 months to 1 year From 1 to 5 years More than 5 years Total FAIR VALUE HEDGES 2,820 8,467 28,506 13,615 53,409 Of which: Interest rate 2,807 8,360 27,239 13,615 52,021 CASH FLOW HEDGES 195 3,346 36,410 4,381 44,332 Of which: Interest rate — 2,713 34,787 4,381 41,882 HEDGE OF NET INVESTMENTS IN A FOREIGN OPERATION 2,241 2,617 — — 4,857 PORTFOLIO FAIR VALUE HEDGES OF INTEREST RATE RISK 175 647 1,258 1,108 3,187 PORTFOLIO CASH FLOW HEDGES OF INTEREST RATE RISK 171 428 851 132 1,583 DERIVATIVES-HEDGE ACCOUNTING 5,602 15,505 67,024 19,236 107,368 In 2021, 2020 and 2019, there was no reclassification in the accompanying consolidated income statements of any amount corresponding to cash flow hedges that was previously recognized in equity (see Note 41). The amount for derivatives designated as accounting hedges that did not pass the effectiveness test in December 31, 2021, 2020 and 2019 were not material. IBOR Reform The transition from IBOR indices to the new risk free rates (RFR) (see Note 2.3) may cause uncertainty about the future of some references or its impact on the contracts held by an entity, which could cause uncertainty about the term or the amounts of the cash flows of the hedged instrument or the hedging instrument. Due to such uncertainties, in the period before the benchmark rate reform actually takes place, some entities may be forced to discontinue hedge accounting, or not be able to designate new hedging relationships. To avoid this, the IASB made a series of transitory amendments to IFRS 9, IAS 39 and IFRS 7 providing temporary exceptions to the application of certain specific hedge accounting requirements that are applicable to all hedging relationships that are affected by the uncertainty derived from the IBOR Reform. These exceptions should end once the uncertainty is resolved (rates to be modified according to the new RFRs) or the hedge ceases to exist. The nominal amount of the hedging instruments for hedging relationships directly affected by the IBOR reform as of December 31, 2021 is the following: Hedges affected by the IBOR reform (Millions of Euros) LIBOR USD LIBOR GBP Other Total Cash flow hedges 1,056 — — 1,056 Fair value hedges 7,939 389 583 8,910

Note 16

Note 16	12 Months Ended
	Dec. 31, 2021
Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]
Disclosure of Investments In Subsidiaries Joint Ventures And Associates [Text Block]	Investments in joint ventures and associates Joint ventures and associates The breakdown of the balance of “Investments in joint ventures and associates” in the accompanying consolidated balance sheets is as follows: Joint ventures and associates. Breakdown by entities (Millions of Euros) 2021 2020 2019 Joint ventures Altura Markets, S.V., S.A. 76 77 73 RCI Colombia 40 36 37 Desarrollo Metropolitanos del Sur, S.L. 18 17 14 Other 18 19 30 Subtotal 152 149 154 Associates Divarian Propiedad, S.A.U. — 567 630 Metrovacesa, S.A. 259 285 443 BBVA Allianz Seguros y Reaseguros, S.A. 254 250 — ATOM Bank PLC 77 64 136 Solarisbank AG 61 39 36 Cofides 28 25 23 Redsys servicios de procesamiento, S.L. 19 14 14 Servicios Electrónicos Globales S.A. de CV 15 11 11 Other 35 33 41 Subtotal 749 1,288 1,334 Total 900 1,437 1,488 Details of the joint ventures and associates as of December 31, 2021 are shown in Appendix II. The following is a summary of the changes in the years ended December 31, 2021, 2020 and 2019 under this heading in the accompanying consolidated balance sheets: Joint ventures and associates. Changes in the year (Millions of Euros) Notes 2021 2020 2019 Balance at the beginning 1,437 1,488 1,578 Acquisitions and capital increases 22 257 161 Disposals and capital reductions (1) (47) (149) Transfers and changes of consolidation method (559) (7) (27) Share of profit and loss 39 1 (39) (42) Exchange differences 9 (27) 10 Dividends, valuation adjustments and others (9) (188) (43) Balance at the end 900 1,437 1,488 During the year 2021, the most significant changes in the heading “Investment in joint ventures and associates” correspond to the reclassification of the 20% stake in Divarian Property, S.A.U. under the heading "Non-current assets and disposal groups classified as held for sale" in July 2021 and their subsequent sale in October 2021 (see Note 21). During the year 2020, the most significant changes in the heading “Investments in joint ventures and associates” correspond to changes in the valuation of Metrovacesa and BBVA Allianz Seguros y Reaseguros, S.A. During the year 2019, there was no significant change in the heading “Investment in joint ventures and associates”. If these entities had been consolidated rather than accounted for using the equity method, the change in each of the lines of balance sheet and the consolidated income statement would not be significant. As of December 31, 2021, 2020 and 2019 there was no financial support agreement or other contractual commitment to associates and joint ventures entities from the holding or the subsidiaries that are not recognized in the financial statements (see Note 53.2). As of December 31, 2021, 2020 and 2019 there was no contingent liability in connection with the investments in joint ventures and associates (see Note 53.2).

Note 17

Note 17	12 Months Ended
	Dec. 31, 2021
Tangible Assets [Abstract]
Disclosure of tangible assets [Text Block]	Tangible assetsThe breakdown and movement of the balance and changes of this heading in the accompanying consolidated balance sheets, according to the nature of the related items, is as follows: Tangible assets. Breakdown by type of assets and changes in the year 2021 (Millions of Euros) Land and buildings Work in progress Furniture, fixtures and vehicles Right to use asset Investment Properties Assets leased out under an operating lease Total Notes Own use Investment Properties Cost Balance at the beginning 4,380 52 5,515 3,061 123 201 345 13,677 Additions 58 31 262 230 4 — — 585 Retirements (5) (1) (281) (59) — (1) — (347) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (112) (8) (29) (34) 35 1 — (147) Exchange difference and other 29 (7) (79) (44) — (54) (78) (233) Balance at the end 4,350 67 5,388 3,154 162 147 267 13,535 Accrued depreciation Balance at the beginning 833 — 3,859 582 27 16 54 5,371 Additions 45 79 — 358 284 15 4 — 740 Additions transfer to discontinued operations — — — — — — — — Retirements (19) — (259) (16) — (4) — (298) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (23) — (17) (5) 5 1 — (39) Exchange difference and other 30 — (108) (34) — — (21) (134) Balance at the end 900 — 3,833 811 47 17 33 5,641 Impairment Balance at the beginning 149 — — 274 26 34 — 483 Additions (*) 49 — — 1 151 8 1 — 161 Additions transfer to discontinued operations — — — — — — — — Retirements — — — — — — — — Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (24) — 17 — — 2 — (5) Exchange difference and other (11) — (18) 2 — (16) — (43) Balance at the end 114 — — 427 34 21 — 596 Net tangible assets Balance at the beginning 3,398 52 1,656 2,205 70 151 291 7,823 Balance at the end 3,336 67 1,555 1,916 81 109 234 7,298 (*) In 2021, it includes allowances on right of use of the rented offices after the agreement with union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 24 and 49). Tangible assets: Breakdown by type of assets and changes in the year 2020 (Millions of Euros) Right to use asset Investment properties Assets leased out under an operating lease Total Notes Land and buildings Work in progress Furniture, fixtures and vehicles Own use Investment properties Cost Balance at the beginning 6,001 56 6,351 3,516 101 216 337 16,578 Additions 157 54 255 183 — 2 — 651 Retirements (10) (23) (294) (157) (3) (11) — (498) Acquisition of subsidiaries in the year — — — — — — — — Companies held for sale (*) (925) (31) (366) (294) — — — (1,616) Transfers (248) (2) (5) (60) 25 18 — (272) Exchange difference and other (595) (2) (426) (127) — (24) 8 (1,166) Balance at the end 4,380 52 5,515 3,061 123 201 345 13,677 Accrued depreciation Balance at the beginning 1,253 — 4,344 370 11 15 74 6,067 Additions 45 83 — 370 312 12 3 1 781 Additions transfer to discontinued operations (*) 24 — 20 32 — — — 76 Retirements (2) — (248) (10) — — — (260) Acquisition of subsidiaries in the year — — — — — — — — Companies held for sale (*) (373) — (321) (71) — — — (765) Transfers (42) — (12) (9) 4 1 — (58) Exchange difference and other (110) — (294) (42) — (3) (21) (470) Balance at the end 833 — 3,859 582 27 16 54 5,371 Impairment Balance at the beginning 212 — — 191 14 26 — 443 Additions 49 18 — 26 68 12 1 — 125 Retirements — — — — — — — — Acquisition of subsidiaries in the year — — — — — — — — Companies held for sale (*) (8) — — — — — — (8) Transfers (68) — — 10 — 7 — (51) Exchange difference and other (5) — (26) 5 — — — (26) Balance at the end 149 — — 274 26 34 — 483 Net tangible assets Balance at the beginning 4,536 56 2,007 2,955 76 175 263 10,068 Balance at the end 3,398 52 1,656 2,205 70 151 291 7,823 (*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). Tangible assets. Breakdown by type of assets and changes in the year 2019 (Millions of Euros) Right to use asset Total Notes Land and buildings Work in progress Furniture, fixtures and vehicles Own use Investment properties Investment properties Assets leased out under an operating lease Cost Balance at the beginning 5,939 70 6,314 — — 201 386 12,910 Additions 90 63 335 3,574 101 12 — 4,175 Retirements (44) (20) (302) (57) — (10) — (433) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (41) (51) (8) (1) — 13 — (88) Exchange difference and other 57 (6) 12 — — — (49) 14 Balance at the end 6,001 56 6,351 3,516 101 216 337 16,578 Accrued depreciation Balance at the beginning 1,138 — 4,212 — — 11 76 5,437 Additions 45 92 — 431 338 11 4 — 876 Additions transfer to discontinued operations (*) 34 — 26 43 — — — 103 Retirements (38) — (255) (3) — — — (296) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (16) — (13) (1) — — — (30) Exchange difference and other 43 — (57) (7) — — (2) (23) Balance at the end 1,253 — 4,344 370 11 15 74 6,067 Impairment Balance at the beginning 217 — — — — 27 — 244 Additions 49 14 — 20 60 — — — 94 Retirements (3) — — — — — — (3) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (16) — — 127 14 (4) — 121 Exchange difference and other — — (20) 4 — 3 — (13) Balance at the end 212 — — 191 14 26 — 443 Net tangible assets — — — — — — — — — — — — — — — — Balance at the beginning 4,584 70 2,102 — — 163 310 7,229 Balance at the end 4,536 56 2,007 2,955 76 175 263 10,068 (*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). The right to use asset consists mainly of the rental of commercial real estate premises for central services and the network branches located in the countries where the Group operates whose average term is between 5 and 20 years. The clauses included in rental contracts correspond to a large extent to rental contracts under normal market conditions in the country where the property is rented. As of December 31, 2021, 2020 and 2019, the cost of fully amortized tangible assets that remained in use were €2,318, €2,299 and €2,658 million respectively while its recoverable residual value was not significant. The following table shows the detail of the net carrying amount of the tangible assets corresponding to Spanish and foreign subsidiaries as of December 31, 2021, 2020 and 2019: Tangible assets by Spanish and foreign subsidiaries. Net assets values (Millions of euros) 2021 (*) 2020 (**) 2019 BBVA and Spanish subsidiaries 3,873 4,294 4,865 Foreign subsidiaries 3,425 3,529 5,203 Total 7,298 7,823 10,068 (*) The variation in 2021 is mainly due to the reclassification of owned offices and facilities from "Tangible assets" to "Non-current assets and disposal groups classified as held for sale" (see Notes 21, 24 and 50).

Note 18

Note 18	12 Months Ended
	Dec. 31, 2021
Intangible assets and goodwill [abstract]
Disclosure of intangible assets [text block]	Intangible assetsGoodwill The breakdown of the balance under this heading in the accompanying consolidated balance sheets, according to the CGU to which goodwill has been allocated, is as follows: Goodwill. Breakdown by CGU and changes of the year (Millions of Euros) The United States (*) Mexico Turkey Colombia Chile Other Total Balance as of December 31, 2018 5,066 519 382 161 29 23 6,180 Additions — — — — — — — Exchange difference 98 31 (36) 3 (2) (1) 93 Impairment (1,318) — — — — — (1,318) Other — — — — — — — Balance as of December 31, 2019 3,846 550 346 164 27 22 4,955 Additions — — — — — — — Exchange difference (22) (72) (92) (21) — (1) (208) Impairment (2,084) — — — — (13) (2,097) Companies held for sale (1,740) — — — — — (1,740) Other — — — — — — — Balance as of December 31, 2020 — 478 254 143 27 8 910 Additions — — — — — — — Exchange difference — 26 (102) (9) (3) — (88) Impairment — — — — — (4) (4) Companies held for sale — — — — — — — Other — — — — — — — Balance as of December 31, 2021 — 504 152 134 24 4 818 (*) Since the USA sale agreement, the United States is no longer considered a CGU (see Note 3). Goodwill in business combinations There were no significant business combinations during 2021, 2020 and 2019. Impairment Test As mentioned in Note 2.2.8, the CGU to which goodwill has been allocated, are periodically tested for impairment by including the allocated goodwill in their carrying amount. This analysis is performed at least annually and whenever there is any indication of impairment. Furthermore, it is analyzed whether certain changes in the valuation assumptions used could give rise to differences in the result of the impairment test. The BBVA Group performs estimations on the recoverable amount of certain CGU by calculating the value in use through the discounted value of future cash flows method. The main hypotheses used for the value in use calculation are the following: – The forecast cash flows, including net interest margin and cost of risk, estimated by the Group's management, and based on the latest available budgets for the next 4 to 5 years, considering the macroeconomic variables of each CGU, regarding the existing balance structure as well as macroeconomic variables such as the evolution of interest rates and the CPI of the geography where the CGU is located, among others. – The constant growth rate for extrapolating cash flows, starting in the fourth or fifth year, beyond the period covered by the budgets or forecasts. – The discount rate on future cash flows, which coincides with the cost of capital assigned to each CGU, and which consists of a risk-free rate plus a premium that reflects the inherent risk of each of the businesses evaluated. The focus used by the Group's management to determine the values of the assumptions is based both on its projections and past experience. These values are verified and use external sources of information, wherever possible. Additionally, the valuation of the goodwill of the CGU of Turkey has been reviewed by independent experts (not the Group's external auditors). Goodwill - Mexico CGU The Group’s most significant goodwill corresponds to the CGU in Mexico, the main significant assumptions used in the impairment test of this CGU as of December 31, 2021, 2020 and 2019 are as follows: Impairment test assumptions CGU goodwill in Mexico 2021 2020 2019 Discount rate (*) 14.5 % 15.3 % 14.8 % Growth rate 5.7 % 5.7 % 5.9 % (*) After tax discount rates. In accordance with paragraph 33.c of IAS 36, as of December 31, 2021, the Group used a growth rate of 5.7% based on the real GDP growth rate of Mexico, the expected inflation rate and the potential growth of the banking sector in Mexico. The assumptions with a greater relative weight and whose volatility could have a greater impact in determining the present value of the cash flows starting on the fourth year are the discount rate and the growth rate. Below, in a simplified way, is shown the increased (or decreased) amount of the CGU recoverable amount as a result of a reasonable variation (in basis points) of each of the key assumptions, considered in isolation as of December 31, 2021, where, in each case, the value in use would continue to exceed their book value : Sensitivity analysis for main assumptions - Mexico (Millions of Euros) Increase of 50 basis points (*) Decrease of 50 basis points (*) Discount rate (1,709) 1,913 Growth rate 1,194 (1,067) (*)The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows. Goodwill - Turkey CGU The main significant assumptions used in the impairment test of the CGU of Turkey as of December 31, 2021, 2020 and 2019 are: Impairment test assumptions CGU goodwill in Turkey 2021 2020 2019 Discount rate (*) 27.7 % 21.0 % 17.4 % Growth rate 7.0 % 7.0 % 7.0 % (*) After tax discount rates. Given the potential growth of the sector in Turkey, in accordance with paragraph 33.c of IAS 36, as of December 31, 2021, 2020 and 2019 the Group used a steady growth rate of 7% based on the real GDP growth rate of Turkey and expected inflation. The assumptions with a greater relative weight and whose volatility could affect more in determining the present value of the cash flows starting on the fifth year are the discount rate and the growth rate. Below, in a simplified way, is shown the increased (or decreased) amount of the recoverable amount as a result of a reasonable variation (in basis points) of each of the key assumptions, considered in isolation as of December 31, 2021, where, in any case, the value in use would continue to exceed their book value: Sensitivity analysis for main assumptions - Turkey (Millions of Euros) Impact of an increase of 50 basis points (*) Impact of a decrease of 50 basis points (*) Discount rate (84) 88 Growth rate 14 (13) (*) The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows. Considering the uncertainty caused by the current economic situation, the Group has carried out additional sensitivities on other variables such as the net interest income, the cost of risk, the efficiency ratio and loans and the advances to customers growth forecasts. No required modifications to the result of the impairment test on the CGU were identified. Goodwill - The United States CGU Since the USA sale, the United States in 2021 is no longer considered a CGU (see Note 3). As of March 31, 2020, the Group identified an indicator of impairment of goodwill in the United States CGU and as a result of the goodwill impairment test, the Group estimated impairment in the United States CGU of €2,084 million, which was mainly due to the negative impact of the update of the macroeconomic scenario following the COVID-19 pandemic and the expected evolution of interest rates. This recognition did not affect the tangible book value or the liquidity nor the solvency ratio of the BBVA Group. As of December 31, 2019, the Group estimated impairment losses in the United States CGU of €1,318 million, which was mainly as a result of the negative evolution of interest rates, especially in the second half of the year, which accompanied by the slowdown of the economy caused the expected evolution of results to be below the previous estimation. This recognition did not affect the tangible book value nor the liquidity or the solvency ratio of the BBVA Group. The main significant assumptions used in the impairment test of this CGU as of March 31, 2020 and December 31, 2019 were as follows: Impairment test assumptions CGU goodwill - United States 2020 2019 Discount rate (*) 10.3 % 10.0 % Growth rate 3.0 % 3.5 % (*) After tax discount rates. Goodwill - Other CGUs The impairment tests carried out on the rest of the CGUs have not detected significant impairment. Likewise, the sensitivity analysis on the main assumptions carried out for the rest of the CGU of the Group indicate that their value in use would continue to exceed their book value. The breakdown of the balance and changes of this heading in the accompanying consolidated balance sheets, according to the nature of the related items, is as follows: Other intangible assets (Millions of Euros) 2021 2020 2019 Computer software acquisition expense 1,239 1,202 1,598 Other intangible assets with an infinite useful life 12 12 11 Other intangible assets with a definite useful life 128 221 401 Total 1,379 1,435 2,010 The changes of this heading during the years ended December 31, 2021, 2020 and 2019, are as follows: Other intangible assets (Millions of Euros) Notes Computer software Other intangible assets Total of intangible assets 2021 2020 2019 2021 2020 2019 2021 2020 2019 Balance at the beginning 1,202 1,598 1,605 233 412 529 1,435 2,010 2,134 Additions 470 452 525 — 8 8 470 460 533 Amortization in the year 45 (446) (448) (447) (48) (59) (63) (494) (507) (510) Amortization transfer to discontinued operations (*) — (77) (106) — (3) (4) — (80) (110) Exchange differences and other 29 (38) 32 (45) (91) (58) (16) (129) (25) Impairment (15) (6) (11) — — (1) (15) (6) (12) Decreases by companies held for sale (*) — (279) — — (34) — — (313) — Balance at the end 1,239 1,202 1,598 140 233 412 1,379 1,435 2,010 (*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). As of December 31, 2021, 2020 and 2019, the cost of fully amortized intangible assets that remained in use were €2,992 million, €2,622 million and €2,702 million respectively, while their recoverable value was not significant.

Note 19

Note 19	12 Months Ended
	Dec. 31, 2021
Tax Assets And Liabilties [Abstract]
Disclosure of tax assets and liabilities [Text Block]	Tax assets and liabilitiesConsolidated tax group Pursuant to current legislation, BBVA consolidated tax group in Spain includes the Bank (as the parent company) and its Spanish subsidiaries that meet the requirements provided for under Spanish legislation regulating the taxation regime for the consolidated profit of corporate groups. The Group’s non-Spanish banks and subsidiaries file tax returns in accordance with the tax legislation in force in each country. The remainder of the Spanish consolidated entities in general have the last four years open for inspection by the tax authorities for the main taxes applicable, except for those in which there has been an interruption of the limitation period due to the start of an inspection. In relation to the consolidated tax group BBVA in Spain, in the year 2021, as a result of the inspection activities of the tax authorities, inspection reports have been issued for the years 2014 to 2016, and have been agreed upon, except for those corresponding to the year 2016 in relation to which a partial disagreement has been expressed. The reports that have been agreed upon have become final as of the date of preparation of these financial statements. On the other hand, in relation to the main jurisdictions in which the Group is present and carries out its activity, in the case of Mexico, BBVA México S.A., is currently under inspection by the Mexican Tax Authorities for the years 2016 and 2017 corresponding to Corporate Income Tax and Value Added Tax. In addition, in the case of Turkey, the head entity in this country, Garanti BBVA A.S., is currently under inspection by the Tax Authorities of that country for all the taxes applicable to it corresponding to the years 2017 and 2018. The conclusion of the previous inspections did not have a material impact on the Consolidated Financial Statements as a whole. In view of the varying interpretations that can be made of some applicable tax legislation, the outcome of the tax inspections of the open years that may be conducted by the tax authorities in the future may give rise to contingent tax liabilities which cannot be reasonably estimated at the present time. However, the Group considers that the possibility of these contingent liabilities becoming actual liabilities is remote and, in any case, the tax charge which might arise therefore would not materially affect the Group’s accompanying consolidated financial statements. The reconciliation of the Group’s corporate income tax expense resulting from the application of the Spanish corporation income tax rate and the income tax expense recognized in the accompanying consolidated income statements is as follows: Reconciliation of taxation at the Spanish corporation tax rate to the tax expense recorded for the year (Millions of Euros) 2021 2020 2019 Amount Effective tax % Amount Effective tax % Amount Effective tax % Profit or (-) loss before tax 8,399 3,576 6,398 From continuing operations 7,247 5,248 7,046 From discontinued operations 1,152 (1,672) (648) Taxation at Spanish corporation tax rate 30% 2,519 1,073 1,920 Lower effective tax rate from foreign entities (*) (332) (181) (381) Mexico (109) 27 % (32) 29 % (112) 27 % Chile (5) 22 % (2) 23 % (2) 27 % Colombia — 30 % 3 31 % 6 32 % Peru 5 31 % (7) 28 % (12) 28 % Turkey (125) 23 % (73) 25 % (86) 23 % USA (62) 19 % (75) 16 % (97) 17 % Others (36) 5 (78) Revenues with lower tax rate (dividends/capital gains) (30) (49) (49) Equity accounted earnings — 12 18 USA Sale effect 544 — — Other effects (**) 80 661 545 Income tax 2,781 1,516 2,053 Of which: Continuing operations 1,909 1,459 1,943 Of which: Discontinued operations 872 57 110 (*) Calculated by applying the difference between the tax rate in force in Spain and the one applied to the Group’s earnings in each jurisdiction. (**) In 2020 and 2019, related mainly to the impact of the goodwill impairment of the United States' CGU that amounted to €2,084 and €1,318 million respectively. These impacts did not have associated any Corporate Income Tax (CIT) expense credit (once the 30% tax rate is applied, the effect amounted to €625 and €395 million, respectively). The effective income tax rate for the Group in the years ended December 31, 2021, 2020 and 2019 is as follows: Effective tax rate (Millions of Euros) 2021 2020 2019 Income from: Consolidated tax group in Spain 655 259 (718) Other Spanish entities 5 7 7 Foreign entities 6,587 4,982 7,757 Gains (losses) before taxes from continuing operations 7,247 5,248 7,046 Tax expense or income related to profit or loss from continuing operations 1,909 1,459 1,943 Effective tax rate 26.3 % 27.8 % 27.6 % In the year 2021, the changes in the nominal tax rate, with respect to those existing in the previous year, in the main countries in which the Group is present, have been as follows: in Turkey (from 22% to 25%), in Argentina (from 30% to 35%) and in Colombia (from 36% to 34%). In 2020, in general terms, there were no changes in the nominal tax rate with respect to those existing in the previous period, except in the case of Colombia where the applicable tax rate was 36% compared to the 33% which was applicable as of the end of the previous year. In addition to the income tax expense recognized in the accompanying consolidated income statements, the Group has recognized the following income tax charges for these items in the consolidated total equity: Tax recognized in total equity (Millions of Euros) 2021 2020 2019 Charges to total equity Debt securities and others (174) (230) (130) Equity instruments (33) (43) (40) Total (207) (273) (170) The balance under the heading "Tax assets" in the accompanying consolidated balance sheets includes current and deferred tax assets. The balance under the “Tax liabilities” heading includes the Group’s various current and deferred tax liabilities. The details of the mentioned tax assets and liabilities are as follows: Tax assets and liabilities (Millions of Euros) 2021 2020 2019 Tax assets Current tax assets 932 1,199 1,765 Deferred tax assets 14,917 15,327 15,318 Pensions 416 439 456 Financial Instruments 1,408 1,292 1,386 Loss allowances 1,676 1,683 1,636 Other 1,101 1,069 1,045 Secured tax assets 9,304 9,361 9,363 Tax losses 1,012 1,483 1,432 Total 15,850 16,526 17,083 Tax liabilities Current tax liabilities 644 545 880 Deferred tax liabilities 1,769 1,809 1,928 Financial Instruments 1,124 908 1,014 Other 645 901 914 Total 2,413 2,355 2,808 The most significant variations of the deferred tax assets and liabilities in the years 2021, 2020 and 2019 were derived from the following items: Deferred tax assets and liabilities. Annual variations (Millions of Euros) 2021 2020 2019 Deferred assets Deferred liabilities Deferred assets Deferred liabilities Deferred assets Deferred liabilities Balance at the beginning 15,327 1,809 15,318 1,928 15,316 2,046 Pensions (23) — (17) — 51 — Financials instruments 116 216 (94) (106) (15) (122) Loss allowances (7) — 47 — 261 — Others 32 (256) 24 (13) (247) 4 Guaranteed tax assets (57) — (2) — — — Tax losses (471) — 51 — (48) — Balance at the end 14,917 1,769 15,327 1,809 15,318 1,928 With respect to the changes in deferred tax assets and liabilities in 2021 contained in the above table, the following should be pointed out: – Guaranteed tax assets decrease because, in fiscal year 2021, the tax Group in Spain generated positive taxable income and, therefore, offsets guaranteed tax assets. However, the decrease has been partially offset by the increase in guaranteed tax assets that have been generated as a result of the closing of the inspection process for fiscal years 2014-2016. – The decrease in tax assets due to tax losses occurred because, in 2021, the tax Group in Spain generated positive taxable income and, therefore, offsets tax loss carryforwards and deductions. – The evolution of deferred tax assets (other than those guaranteed and those linked to tax losses) net of deferred tax liabilities is due to the effect of exchange rates, especially in the case of Mexico and Turkey, and the operation of corporate income tax, where the differences between accounting and taxation give rise to constant movements in deferred taxes. On the deferred tax assets and liabilities contained in the table above, those included in section 19.4 above have been recognized against the entity's equity, and the rest against earnings for the year or reserves. As of December 31, 2021, 2020 and 2019, the estimated amount of temporary differences associated with investments in subsidiaries, joint ventures and associates, which were not recognized as deferred tax liabilities in the accompanying consolidated balance sheets, amounted to €93, €106 and €473 million, respectively. Of the deferred tax assets contained in the above table, the detail of the items and amounts guaranteed by the Spanish government, broken down by the items that originated those assets is as follows: Secured tax assets (Millions of Euros) 2021 2020 2019 Pensions 1,759 1,924 1,924 Loss allowances 7,545 7,437 7,439 Total 9,304 9,361 9,363 As of December 31, 2021, non-guaranteed net deferred tax assets of the above table amounted to €3,844 million (€4,156 and €4,027 million as of December 31, 2020 and 2019, respectively), which broken down by major geographies is as follows: – Spain: Net deferred tax assets recognized in Spain totaled €2,342 million as of December 31, 2021 (€2,590 and €2,447 million as of December 31, 2020 and 2019, respectively). €1,010 million of the figure recorded in the year ended December 31, 2021 for net deferred tax assets related to tax credits and tax loss carry forwards and €1,332 million relate to temporary differences. – Mexico: Net deferred tax assets recognized in Mexico amounted to €1,121 million as of December 31, 2021 (€1,036 and €1,083 million as of December 31, 2020 and 2019, respectively). Practically all of deferred tax assets as of December 31, 2021 relate to temporary differences. – South America: Net deferred tax assets recognized in South America amounted to €65 million as of December 31, 2021 (€126 and €84 million as of December 31, 2020 and 2019, respectively). Practically all the deferred tax assets are related to temporary differences. – Turkey: Net deferred tax assets recognized in Turkey amounted to €302 million as of December 31, 2021 (€395 and €278 million as of December 31, 2020 and 2019, respectively). All the deferred tax assets are related to temporary differences. Based on the information available as of December 31, 2021, including historical levels of benefits and projected results available to the Group for the coming 15 years, the Group has carried out an analysis of its recovery of deferred tax assets and liabilities taking into account the impact of COVID-19 pandemic (see Note 1.5). It is considered that there is sufficient positive evidence, in excess of the negative evidence, that sufficient positive taxable income will be generated for the recovery of the aforementioned unsecured deferred tax assets when they become deductible in accordance with tax legislation. On the other hand, the Group has not recognized certain negative tax bases and deductions for which, in general, there is no legal period for offsetting, amounting to approximately €2,037 million, which are mainly originated by Catalunya Banc.

Note 20

Note 20	12 Months Ended
	Dec. 31, 2021
Other Assets And Liabilities [Abstract]
Disclosure of Other Assets And Liabilities [Text Block]	Other assets and liabilities The composition of the balance of these captions of the accompanying consolidated balance sheets is: Other assets and liabilities (Millions of Euros) 2021 2020 2019 ASSETS Inventories 424 572 581 Transactions in progress 131 160 138 Accruals 730 756 804 Other items 649 1,025 2,277 Total 1,934 2,513 3,800 LIABILITIES Transactions in progress 48 75 39 Accruals 2,137 1,584 2,456 Other items 1,436 1,144 1,247 Total 3,621 2,802 3,742

Note 21

Note 21	12 Months Ended
	Dec. 31, 2021
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]
Disclosure of non current assets and liabilities and disposal groups classified as held for sale [Text Block]	Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale The composition of the balances under the headings “Non-current assets and disposal groups classified as held for sale” and “liabilities included in disposal groups classified as held for sale” in the accompanying consolidated balance sheets, broken down by the origin of the assets, is as follows: Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale. Breakdown by items (Millions of Euros) 2021 2020 2019 ASSETS Foreclosures and recoveries 1,218 1,398 1,647 Assets from tangible assets (*) 563 480 310 Companies held for sale (**) 41 84,792 1,716 Accrued amortization (***) (112) (89) (51) Impairment losses (*) (650) (594) (543) Total 1,061 85,987 3,079 LIABILITIES Companies held for sale (**) — 75,446 1,554 Total — 75,446 1,554 (*) In 2021, it includes the reclassification of owned offices and facilities from "tangible assets" to "non-current assets and disposal groups classified as held for sale" and the adjustments due to the closing of the owned offices and the decommissioning of facilities after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 24 and 50). (**) It includes mainly BBVA’s stake in BBVA USA in 2020 and BBVA's stake in BBVA Paraguay in 2019 (see Note 3). (***) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale". Assets and liabilities from discontinued operations As mentioned in Notes 1.3 and 3, in 2020 the agreement for the sale of the BBVA subsidiary in the United States was announced, which sale was completed on June 1, 2021. The assets and liabilities corresponding to the 37 companies sold were reclassified to the headings “Non-current assets and disposal groups classified as held for sale” and “Liabilities included in disposal groups classified as held for sale” of the consolidated balance sheet as of December 31, 2020, and the earnings from these companies for the first five months of 2021 and the earnings for the years ended December 31, 2020 and 2019 were classified under the heading "Profit (loss) after tax from discontinued operations" of the accompanying consolidated income statements (see Note 1.3). The condensed consolidated balance sheets as of December 31, 2021, 2020 and 2019, and the condensed consolidated income statements and condensed consolidated statements of cash flow of the companies held for sale in the United States the first five months of 2021 and for the years 2020 and 2019 are provided below: Condensed consolidated balance sheets of companies sold in the United States CONDENSED CONSOLIDATED BALANCE SHEETS (Millions of euros) 2021 2020 2019 Cash, cash balances at central banks and other demand deposits — 11,368 5,678 Financial assets held for trading — 821 513 Non-trading financial assets mandatorily at fair value through profit or loss — 13 18 Financial assets at fair value through other comprehensive income — 4,974 6,834 Financial assets at amortized cost — 61,558 62,860 Derivatives - Hedge accounting — 9 10 Tangible assets — 799 900 Intangible assets — 1,949 4,183 Tax assets — 360 263 Other assets — 1,390 1,463 Non-current assets and disposal groups classified as held for sale — 16 31 TOTAL ASSETS — 83,257 82,751 Financial liabilities held for trading — 98 94 Financial liabilities at amortized cost — 73,132 70,438 Derivatives - Hedge accounting — 2 11 Provisions — 157 186 Tax liabilities — 201 87 Other liabilities — 492 464 TOTAL LIABILITIES — 74,082 71,279 Actuarial gains (losses) on defined benefit pension plans — (66) (80) Hedge of net investments in foreign operations (effective portion) — (432) (432) Foreign currency translation — 801 1,576 Hedging derivatives. Cash flow hedges (effective portion) — 250 81 Fair value changes of debt instruments measured at fair value through other comprehensive income — 70 (11) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) — 622 1,134 Condensed consolidated income statements of companies sold in the United States CONDENSED CONSOLIDATED INCOME STATEMENTS (Millions of Euros) 2021 (*) 2020 2019 Interest and other income 974 2,638 3,221 Interest expense (53) (429) (887) NET INTEREST INCOME 921 2,209 2,335 Dividend income 2 4 10 Fee and commission income 285 677 736 Fee and commission expense (86) (183) (205) Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net (4) 19 54 Gains (losses) on financial assets and liabilities held for trading, net 26 90 30 Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net 2 8 — Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net 2 5 3 Gains (losses) from hedge accounting, net (1) 4 4 Exchange differences, net 5 19 5 Other operating income 9 19 32 Other operating expense (30) (63) (64) GROSS INCOME 1,132 2,808 2,941 Administration costs (661) (1,462) (1,534) Depreciation and amortization (80) (205) (214) Provisions or reversal of provisions 4 2 (3) Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification (66) (729) (521) NET OPERATING INCOME 330 413 670 Impairment or reversal of impairment on non-financial assets — (2,084) (1,318) Gains (losses) on derecognition of non-financial assets and subsidiaries, net (2) (3) 2 Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations 3 2 (2) PROFIT (LOSS) BEFORE TAX 330 (1,671) (648) Tax expense or income related to profit or loss (80) (57) (110) PROFIT (LOSS) AFTER TAX 250 (1,729) (758) Profit (loss) after tax from the sale 29 — — PROFIT (LOSS) FOR THE PERIOD 280 (1,729) (758) ATTRIBUTABLE TO MINORITY INTEREST (NON-CONTROLLING INTEREST) — — — ATTRIBUTABLE TO OWNERS OF THE PARENT (**) 280 (1,729) (758) (*) Corresponds to the first five months of 2021 (See Notes 1.3 and 3). (**) Cumulative profit net of taxes earned and recognized by BBVA Group in relation to the sale of BBVA USA Bancshares has been €582 million, corresponding to the results generated by the entities within the scope of the sale agreement from the date of the agreement to the closing date of the agreement, plus the profit after tax on the sale as of the closing. Condensed consolidated statements of cash flows of companies sold in the United States CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Millions of Euros) 2021 (*) 2020 2019 A) CASH FLOWS FROM OPERATING ACTIVITIES 62 6,874 3,888 B) CASH FLOWS FROM INVESTING ACTIVITIES (34) (145) (133) C) CASH FLOWS FROM FINANCING ACTIVITIES (26) (65) (468) D) EFFECT OF EXCHANGE RATE CHANGES 60 (974) 65 INCREASE (DECREASE) NET CASH AND CASH EQUIVALENTS (A+B+C+D) 62 5,690 3,352 (*) Corresponds to the first five months of 2021 (See Notes 1.3 and 3). Effects of disposal on the financial position of the Group EFFECT OF DISPOSAL ON THE FINANCIAL POSITION OF THE GROUP (Millions of Euros) June 2021 Cash, cash balances at central banks and other demand deposits (11,476) Financial assets held for trading (638) Non-trading financial assets mandatorily at fair value through profit or loss (15) Financial assets at fair value through other comprehensive income (4,620) Financial assets at amortized cost (61,440) Derivatives - Hedge accounting (8) Tangible assets (788) Intangible assets (1,938) Tax assets (349) Other assets (1,439) Non-current assets and disposal groups classified as held for sale (10) Total assets (82,720) Financial liabilities held for trading 129 Financial liabilities at amortized cost 72,357 Provisions 156 Tax liabilities 207 Other liabilities 491 Total liabilities 73,341 Total net assets/liabilities (9,378) EFFECT ON NET CASH OUTFLOWS FROM DISCONTINUED OPERATIONS - USA (Millions of Euros) June 2021 Consideration received satisfied in cash 9,512 Cash and cash equivalents disposed of (11,476) Total net cash outflows from discontinued operations - USA (1,964) EFFECT OF THE MOST SIGNIFICANT SALES OF NON-CURRENT ASSETS HELD FOR SALE OF THE BBVA GROUP REFLECTED IN THE CONSOLIDATED STATEMENT OF CASH FLOWS (Millions of Euros) December 2021 Consideration received satisfied in cash - USA 9,512 Consideration received satisfied in cash - Divarian 513 Consideration received satisfied in cash - Paraguay 210 Other collections from non-current assets and liabilities for sale 435 Total cash received from non-current assets and liabilities for sale 10,670 Non-current assets and disposal groups classified as held for sale The changes in the balances of “Non-current assets and disposal groups classified as held for sale” in 2021, 2020 and 2019, are as follows: Non-current assets and disposal groups classified as held for sale (Millions of Euros) Notes Foreclosed assets Property, Plant and Equipment (*) Companies held for sale (**) Total Cost (1) 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Balance at the beginning 1,398 1,648 2,211 391 258 389 84,792 1,716 29 86,581 3,622 2,629 Additions 245 285 665 — — 10 522 83,266 1,676 768 83,551 2,351 Contributions from merger transactions — — 2 — — — — — — — — 2 Retirements (sales and other decreases) (298) (288) (1,023) (39) (45) (206) (83,172) (190) — (83,509) (523) (1,229) Transfers, other movements and exchange differences (**) (127) (228) (207) 100 180 65 (2,100) — 11 (2,128) (48) (131) Disposals by companies held for sale — (19) — — (2) — — — (21) — Balance at the end 1,218 1,398 1,648 452 391 258 41 84,792 1,716 1,711 86,581 3,622 Impairment (2) Balance at the beginning 386 411 504 208 132 124 — — — 594 543 628 Additions 50 36 74 67 62 29 5 — — — 97 103 72 Additions transfer to discontinued operations — — 5 — — — — — — — — 5 Contributions from merger transactions — — — — — — — — — — — — Retirements (sales and other decreases) (65) (56) (164) (13) (13) (22) — — — (78) (69) (186) Other movements and exchange differences 24 (42) (1) 12 60 25 — — — 36 18 24 Disposals by companies held for sale — (1) — — — — — — (1) Balance at the end 381 386 411 269 208 132 — — — 650 594 543 Balance at the end of net carrying value (1)-(2) 837 1,012 1,237 183 183 126 41 84,792 1,716 1,061 85,987 3,079 (*) Net of accumulated amortization until assets were reclassified as “Non-current assets and disposal groups classified as held for sale”. (** ) In 2020, the variation corresponds mainly to the USA Sale agreement of BBVA USA and in 2019 to the BBVA's stake in BBVA Paraguay (see Note 3). As indicated in Note 2.2.4, “Non-current assets and disposal groups held for sale” and “Liabilities included in disposal groups classified as held for sale” are valued at the lower amount between its fair value less costs to sell and its carrying amount. As of December 31, 2021, 2020 and 2019 practically all of the carrying amount of the assets recorded at fair value on a non-recurring basis equals their fair value. Assets from foreclosures or recoveries As of December 31, 2021, 2020 and 2019, assets from foreclosures and recoveries, net of impairment losses, by nature of the asset, amounted to €608, €747 and €871 million in assets for residential use; €202, €215 and €259 million in assets for tertiary use (industrial, commercial or office) and €19, €21 and €28 million in assets for agricultural use, respectively. As of December 31, 2021, 2020 and 2019, the average sale time of assets from foreclosures or recoveries was between 2 and 3 years. During the years 2021, 2020 and 2019, some of the sale transactions for these assets were financed by Group companies. The amount of loans granted to the buyers of these assets in those years amounted to €62, €78 and €79 million, respectively; with an average financing of 33.7% of the sales price during 2021.

Note 22

Note 22	12 Months Ended
	Dec. 31, 2021
Financial liabilities at amortised cost [Abstract]
Disclosure of Financial liabilities at amortised cost [Text Block]	Financial liabilities at amortized costBreakdown of the balance The breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows: Financial liabilities measured at amortized cost (Millions of Euros) 2021 2020 2019 Deposits 416,947 415,467 438,919 Deposits from central banks 47,351 45,177 25,950 Demand deposits 8 163 23 Time deposits and other 41,790 38,274 25,101 Repurchase agreements 5,553 6,740 826 Deposits from credit institutions 19,834 27,629 28,751 Demand deposits 7,601 7,196 7,161 Time deposits and other (**) 8,599 16,079 18,896 Repurchase agreements 3,634 4,354 2,693 Customer deposits (*) 349,761 342,661 384,219 Demand deposits 293,015 266,250 280,391 Time deposits and other (**) 55,479 75,666 103,293 Repurchase agreements 1,267 746 535 Debt certificates 55,763 61,780 63,963 Other financial liabilities 15,183 13,358 13,758 Total 487,893 490,606 516,641 (*) Variation in 2020 is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). (**) The variation in 2021 is mainly due to the decrease in time deposits at Banco Bilbao Vizcaya Argentaria, S.A. offset by the increase in demand deposits and investment funds (off-balance) due to the current interest rate environment. The amount recorded in "Deposits from central banks - Time deposits" includes the provisions of the TLTRO III facilities of the European Central Bank, mainly BBVA S.A. amounting to €38,692 and €35,032 million as of December 31, 2021 and 2020 respectively which basically explains the change compared to the previous year 2019 (see Note 7.5). On April 30, 2020, the European Central Bank modified some of the terms and conditions of the TLTRO III facilities in order to support the continued access of companies and households to bank credit in the face of interruptions and temporary shortages of funds associated with the COVID-19 pandemic. Entities whose eligible net lending exceeded 0% between March 1, 2020 and March 31, 2021 paid an interest rate 0.5% lower than the average rate of the deposit facilities during the period from June 24, 2020 to June 23, 2021. On December 10, 2020, the European Central Bank extended the support via targeted lending operations (TLTRO), extending by twelve additional months, until June 2022, the period of application of favorable interest rates to credit institutions for which the net variation of their eligible loans, between October 1, 2020 and December 31, 2021, reaches a given lending performance threshold. Additionally, the maximum borrowing amount was increased to 55% of the eligible loans (from 50% previously).This means that the interest rate applicable to the outstanding operations is -1% provided that the lending objectives are met according to the conditions of the European Central Bank. As of December 31, 2021, the Group fulfilled these lending objectives. Therefore, the recognition of the favorable interest rate associated with the COVID-19 pandemic has been recognized for the period from June 24, 2020 to December 31, 2021 and will continue to be recognized until June 2022. The positive remuneration currently being generated by the TLTRO III operations is recorded under the heading of "Interest and other income – other income" in the consolidated income statements and amounts to €384 and €211 million for the years ended December 31, 2021 and 2020 respectively (See Note 37.1). Deposits from credit institutions (Millions of Euros) Demand deposits Time deposits and other (*) Repurchase agreements Total December 2021 Spain 1,671 375 — 2,047 Mexico 444 558 — 1,002 Turkey 83 672 37 792 South America 532 1,225 — 1,757 Rest of Europe 1,841 3,110 2,549 7,500 Rest of the world 3,030 2,657 1,048 6,736 Total 7,601 8,599 3,634 19,834 December 2020 Spain 345 1,405 1 1,751 Mexico 689 672 188 1,549 Turkey 8 580 28 617 South America 557 1,484 — 2,041 Rest of Europe 2,842 4,531 4,070 11,444 Rest of the world 2,755 7,406 67 10,228 Total 7,196 16,079 4,354 27,629 December 2019 Spain 2,104 1,113 1 3,218 The United States 2,082 4,295 — 6,377 Mexico 432 1,033 168 1,634 Turkey 302 617 4 924 South America 394 2,285 161 2,840 Rest of Europe 1,652 5,180 2,358 9,190 Rest of the world 194 4,374 — 4,568 Total 7,161 18,896 2,693 28,751 (*) Subordinated deposits are included amounting to €14, €12 and €195 million as of December 31, 2021, 2020 and 2019, respectively. Customer deposits (Millions of Euros) Demand deposits Time deposits and other (*) Repurchase agreements Total December 2021 Spain 181,565 10,407 2 191,974 Mexico 53,359 10,383 505 64,247 Turkey 19,725 13,644 6 33,376 South America 28,039 9,822 — 37,861 Rest of Europe 8,933 9,546 754 19,234 Rest of the world 1,393 1,677 — 3,070 Total 293,015 55,479 1,267 349,761 December 2020 Spain 168,690 20,065 2 188,757 Mexico 43,768 10,514 117 54,398 Turkey 17,906 16,707 8 34,621 South America 25,730 11,259 — 36,989 Rest of Europe 8,435 12,373 619 21,427 Rest of the world 1,720 4,748 — 6,468 Total 266,250 75,666 746 342,661 December 2019 Spain 146,651 24,958 2 171,611 The United States 46,372 19,810 — 66,181 Mexico 43,326 12,714 523 56,564 Turkey 13,775 22,257 10 36,042 South America 22,748 13,913 — 36,661 Rest of Europe 6,610 8,749 — 15,360 Rest of the world 909 892 — 1,801 Total 280,391 103,293 535 384,219 (*) It includes subordinated deposits amounting to €189 million as of December 31, 2019. Debt certificates (Millions of Euros) 2021 2020 2019 In Euros 36,289 42,462 40,185 Promissory bills and notes 319 860 737 Non-convertible bonds and debentures 15,712 14,538 12,248 Covered bonds (*) 9,930 13,274 15,542 Hybrid financial instruments (**) 366 355 518 Securitization bonds 2,302 2,538 1,354 Wholesale funding 438 2,331 1,817 Subordinated liabilities 7,221 8,566 7,968 Convertible perpetual certificates 3,500 4,500 5,000 Non-convertible preferred stock — 159 83 Other non-convertible subordinated liabilities 3,721 3,907 2,885 In foreign currencies 19,475 19,318 23,778 Promissory bills and notes 579 1,024 1,210 Non-convertible bonds and debentures 7,885 8,691 10,587 Covered bonds (*) 178 217 362 Hybrid financial instruments (**) 2,843 455 1,156 Securitization bonds 4 4 17 Wholesale funding 412 1,016 780 Subordinated liabilities 7,574 7,911 9,666 Convertible perpetual certificates 1,771 1,633 1,782 Non- convertible preferred stock — 35 76 Other non-convertible subordinated liabilities 5,803 6,243 7,808 Total 55,763 61,780 63,963 (*) Including mortgage-covered bonds. In 2021 and 2020, several mortgage-covered bonds reached their maturity date. (**) Corresponds to structured note issuances whose underlying risk is different from the underlying risk of the derivative. The breakdown of this heading in the accompanying consolidated balance sheets is as follows: Memorandum item: Subordinated liabilities at amortized cost (Millions of Euros) 2021 2020 2019 Subordinated deposits 14 12 384 Subordinated certificates 14,794 16,476 17,635 Preferred stock — 194 159 Compound convertible financial instruments 5,271 6,133 6,782 Other non-convertible subordinated liabilities 9,523 10,149 10,693 Total 14,808 16,488 18,018 The balance variances are mainly due to the following transactions: Convertible perpetual liabilities The AGM held on March 17, 2017, resolved, under agenda item five, to confer authority to the Board of Directors to issue securities convertible into newly issued BBVA shares, on one or several occasions, within the maximum term of five years to be counted from the approval date of the authorization, up to a maximum overall amount of €8 billion or its equivalent in any other currency. Likewise, the AGM resolved to confer to the Board of Directors the authority to totally or partially exclude shareholders' pre-emptive subscription rights within the framework of a specific issue of convertible securities, although this power was limited to ensure the nominal amount of the capital increases resolved or effectively carried out for conversion of mandatory convertible issuances made under this authority (without prejudice to anti-dilution adjustments), with exclusion of pre-emptive subscription rights and of those likewise resolved or carried out with exclusion of pre-emptive subscription rights in use of the authority to increase the share capital conferred by the AGM held on March 17, 2017, under agenda item four, do not exceed the maximum nominal amount, overall, of 20% of the share capital of BBVA at the time of the authorization, this limit not being applicable to contingent convertible issues. Under that delegation, BBVA made the following contingently convertible issuances that qualify as additional tier 1 capital of the Bank and the Group in accordance with Regulation (EU) 575/2013: – In May and November 2017, BBVA carried out two issues of perpetual contingent convertible securities (additional Tier 1 capital instruments) excluding shareholders' pre-emptive rights, for a nominal amount of 500 million euros and 1,000 million U.S. dollars, respectively. These issues are listed on the Global Exchange Market of Euronext Dublin of the Irish Stock Exchange and were directed only to qualified investors and foreign private banking clients, and cannot be placed or subscribed in Spain or among investors resident in Spain. – In September 2018 and March 2019, BBVA carried out both issuances of perpetual contingent convertible securities (additional tier 1 instruments), with exclusion of pre-emptive subscription rights of shareholders, for a total nominal amount of €1 billion each. These issuances are listed in the AIAF Fixed Income Securities Market and were targeted only at professional clients and eligible counterparties, not being offered or sold to any retail clients. – On September 5, 2019, BBVA carried out an issuance of perpetual contingent convertible securities (additional tier 1 instruments), with exclusion of pre-emptive subscription rights of shareholders, for a total nominal amount of $1 billion. This issuance is listed in the Global Exchange Market of Euronext Dublin and was targeted only at qualified investors, not being offered to, and not being subscribed for, in Spain or by Spanish residents. – On July 15, 2020, BBVA carried out an issuance of perpetual contingent convertible securities (additional tier 1 instruments), with exclusion of pre-emptive subscription rights of shareholders, for a total nominal amount of €1 billion. This issuance is listed in the AIAF Fixed Income Securities Market and was targeted only at professional clients and eligible counterparties, not being offered or sold to any retail clients. These perpetual securities will be converted into newly issued ordinary shares of BBVA if the CET 1 ratio of the Bank or the Group is less than 5.125%, in accordance with their respective terms and conditions. These issuances may be fully redeemed at BBVA's option only in the cases contemplated in their respective terms and conditions and, in any case, in accordance with the provisions of the applicable legislation. In particular: – On February 19, 2019 the Bank early redeemed the issuance of contingently convertible preferred securities (additional tier 1 instruments), carried out by the Bank on February 19, 2014, for a total amount of €1.5 billion and once the prior consent from the Regulator had been obtained. On February 19, 2019 the Bank early redeemed the issuance of contingently convertible preferred securities (additional tier 1 instruments), carried out by the Bank on February 19, 2014, for a total amount of €1.5 billion and once the prior consent from the Regulator had been obtained. – On February 18, 2020, the Bank early redeemed the issuance of contingently convertible preferred securities (additional tier 1 instruments) carried out by the Bank on February 18, 2015, for an amount of €1.5 billion on the First Reset Date of the issuance and once the prior consent from the Regulator had been obtained. – On 14 April 2021, the Bank early redeemed the issuance of contingently convertible preferred securities (additional tier 1 instruments) carried out by the Bank on 14 April 2016, for an amount of €1.0 billion on the First Reset Date of the issuance and once the prior consent from the Regulator had been obtained. In addition, the AGM held on April 20, 2021, resolved, under agenda item five, to confer authority to the Board of Directors to issue perpetual contingent convertible securities, envisaged to meet regulatory requirements for their eligibility as capital instruments, pursuant to solvency regulations applicable at any time (CoCos), subject to the legal and statutory provisions applicable at any time, on one or several occasions, within the maximum term of five years to be counted from the approval date of the authorization, up to a maximum overall amount of €8 billion or its equivalent in any other currency. Likewise, the AGM resolved to confer to the Board of Directors the authority to totally or partially exclude shareholders' pre-emptive subscription rights, complying at all times with the requirements and limitations laid down by Law. The AGM also resolved to repeal the powers it conferred on March 17, 2017, under agenda item five. Preferred securities The breakdown by issuer of the balance under this heading in the accompanying consolidated balance sheets is as follows: Preferred securities by issuer (Millions of Euros) 2021 2020 2019 BBVA International Preferred, S.A.U. — 35 37 Unnim Group (*) — 159 83 BBVA USA — — 19 BBVA Colombia — — 20 Total — 194 159 (*) Unnim Group: Issuances prior to the acquisition by BBVA. These issuances were fully subscribed at the moment of the issue by qualified/institutional investors outside the Group and are redeemable, totally or partially, at the issuer’s option after five years from the issue date, depending on the terms of each issuance and with the prior consent from the Bank of Spain or the relevant authority. In connection with the above, once the necessary authorization from the European Central Bank was received and in conformity with its authority to redeem: – The Extraordinary and Universal General Meeting of Caixasabadell Preferents, S.A. Unipersonal, at its meeting held on December 11, 2020, decided to delegate on the company's Board of Directors the authority to agree on the total early redemption of its only outstanding issuance, subject to the applicable legal provisions and having previously obtained all necessary authorizations. In use of such delegation, having satisfied all legal and contractual formalities required and having obtained all relevant authorizations, the company's Board of Directors, on the same date, agreed to carry out the early redemption of the total nominal amount of the issuance on January 14, 2021. As a result, once all necessary communications were released, on January 14, 2021 the total early redemption of the issuance took place. – The Extraordinary and Universal General Meeting of BBVA International Preferred, S.A. Unipersonal, at its meeting held on December 11, 2020, decided to delegate on the company's Board of Directors the authority to agree on the total early redemption of its only outstanding issuance, subject to the applicable legal provisions and having previously obtained all necessary authorizations. In use of such delegation, having satisfied all legal and contractual formalities required and having obtained all relevant authorizations, the company's Board of Directors, on the same date, agreed to carry out the early redemption of the total nominal amount of the issuance on January 19, 2021. As a result, once all necessary communications were released, on January 19, 2021 the total early redemption of the issuance took place. – The Extraordinary and Universal General Meeting of Caixa Terrassa Societat de Participacions Preferents, S.A. Unipersonal, at its meeting held on December 11, 2020, decided to delegate on the company's Board of Directors the implementation of all necessary actions in order to modify its only live issuance so as to include a new clause regarding the early redemption of the preferred securities. In use of the delegated authority and having obtained all necessary authorizations, the company's Board of Directors, on the same date, agreed to modify the relevant issuance in order to include a new clause for the total early redemption of the preferred securities on January 29, 2021, therefore convening the relevant meeting of noteholders of the issuance to be held in Bilbao, on January 14, 2021, at first call, or on January 15, 2021, at second call. Having satisfied all applicable legal requirements, the noteholders' meeting was held at first call and passed, with the necessary majority of votes, among other resolutions, the inclusion of a new total early redemption clause. As a result, on January 29, 2021 the total early redemption of the issuance took place. The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as follows: Other financial liabilities (Millions of Euros) 2021 2020 2019 Lease liabilities 2,560 2,674 3,335 Creditors for other financial liabilities 2,657 2,408 2,623 Collection accounts 3,839 3,275 3,306 Creditors for other payment obligations (*) 6,127 5,000 4,494 Total 15,183 13,358 13,758 (*) In 2021, this heading includes the amount committed for the acquisition of treasury shares under the buyback program (see Notes 2.2.14 and 4). A breakdown of the maturity of the lease liabilities, due after December 31, 2021 is provided below: Maturity of future payment obligations (Millions of Euros) Up to 1 year 1 to 3 years 3 to 5 years Over 5 years Total Leases 218 406 428 1,507 2,560

Note 23

Note 23	12 Months Ended
	Dec. 31, 2021
Assets and Liabilities under reinsurance and insurance contracts [Abstract]
Disclosure of Assets and Liabilities under reinsurance and insurance contracts [Text Block]	Assets and liabilities under insurance and reinsurance contracts The Group has insurance subsidiaries mainly in Spain and Latin America (mostly in Mexico). The main product offered by the insurance subsidiaries is life insurance to cover the risk of death (risk insurance) and life-savings insurance. Within life and accident insurance, a distinction is made between freely sold products and those offered to customers who have taken mortgage or consumer loans, which cover the principal of those loans in the event of the customer’s death. There are two types of savings products: individual insurance, which seeks to provide the customer with savings for retirement or other events, and group insurance, which is taken out by employers to cover their commitments to their employees. The insurance business is affected by different risks, including those that are related to the BBVA Group such as credit risk, market risk, liquidity risk and operational risk and the methodology for risk measurement, control and follow-up applied in the insurance activity is similar (see Note 7), although it has a differentiated management due to the particular characteristics of the insurance business, such as the coverage of contracted obligations and the long term of the commitments. Additionally, the insurance business generates certain specific risks, of a probabilistic nature: – Technical risk: arises from deviations in the estimation of the casualty rate of insurances, either in terms of numbers, the amount of such claims and the timing of its occurrence. – Biometric risk: depending on the deviations in the expected mortality behavior or the survival of the insured persons. The insurance industry is highly regulated in each country. In this regard, it should be noted that the insurance industry is undergoing a gradual regulatory transformation through new risk-based capital regulations, which have already been published in several countries. The heading “Assets under reinsurance and insurance contracts” in the accompanying consolidated balance sheets includes the amounts that the consolidated insurance entities are entitled to receive under the reinsurance contracts entered into by them with third parties and, more specifically, the share of the reinsurer in the technical provisions recognized by the consolidated insurance subsidiaries. As of December 31, 2021, 2020 and 2019, the balance under this heading amounted to €269 million, €306 million and €341 million, respectively. The most significant provisions recognized by consolidated insurance subsidiaries with respect to insurance policies issued by them are under the heading “Liabilities under insurance and reinsurance contracts” in the accompanying consolidated balance sheets. The breakdown of the balance under this heading is as follows: Technical reserves (Millions of Euros) 2021 2020 2019 Mathematical reserves 9,495 8,731 9,247 Individual life insurance (*) 7,265 6,268 6,731 Group insurance(**) 2,230 2,463 2,517 Provision for unpaid claims reported 706 672 641 Provisions for unexpired risks and other provisions 664 548 718 Total 10,865 9,951 10,606 (*) Provides coverage in the event of death, disability and / or serious illness. (**) The insurance policies purchased by employers (other than BBVA Group) on behalf of its employees. The cash flows of those “Liabilities under insurance and reinsurance contracts” are shown below: Maturity (Millions of euros). Liabilities under insurance and reinsurance contracts Up to 1 year 1 to 3 years 3 to 5 years Over 5 years Total 2021 1,808 290 1,664 7,103 10,865 2020 1,227 950 1,616 6,158 9,951 2019 1,571 1,197 1,806 6,032 10,606 The modeling me thods and techniques used to calculate the mathematical reserves for the insurance products are actuarial and financial methods and modelling techniques approved by the respective country’s insurance regulator or supervisor. The most important insurance entities are located in Spain and Mexico (which together account for approximately 96% of the insurance revenues), where the modelling methods and techniques are reviewed by the insurance regulator in Spain (General Directorate of Insurance) and Mexico (National Insurance and Bonding Commission), respectively. The modelling methods and techniques used to calculate the mathematical reserves for the insurance products are compliant with IFRS and primarily involve the valuation of the estimated future cash flows, discounted at the technical interest rate for each policy. To ensure this technical interest rate, asset-liability management is carried out, acquiring a portfolio of securities that generate the cash flows needed to cover the payment commitments assumed with the customers. The table below shows the key assumptions as of December 31, 2021, 2020 and 2019 used in the calculation of the mathematical reserves for insurance products in Spain and Mexico, respectively: Mathematical reserves 2021 2020 2019 Mortality table Average technical interest rate Mortality table Average technical interest rate Mortality table Average technical interest rate Spain Mexico Spain Mexico Spain Mexico Spain Mexico Spain Mexico Spain Mexico Individual life insurance (*) GRMF 80-2, Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual 0.24%- 2,85% 3.60% GRMF 80-2, Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual 0.25%- 2,87% 2.50% GRMF 80-2, GKMF 80/95. PASEM, PERMF 2000 Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual 0.25%- 2.91% 2.50% Group insurance (**) PERFM 2000 Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo Depending on the related portfolio 5.50% PERFM 2000 Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo Depending on the related portfolio 5.50% PERMF 2000 Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo Depending on the related portfolio 5.50% (*) Provides coverage in the case of one or more of the following events: death and disability.

Note 24

Note 24	12 Months Ended
	Dec. 31, 2021
Provisions [abstract]
Disclosure of provisions [text block]	Provisions The breakdown of the balance under this heading in the accompanying consolidated balance sheets, based on type of provisions, is as follows: Provisions. Breakdown by concepts (Millions of Euros) Notes 2021 2020 2019 Provisions for pensions and similar obligations 25 3,576 4,272 4,631 Other long term employee benefits (*) 25 632 49 61 Provisions for taxes and other legal contingencies 623 612 677 Provisions for contingent risks and commitments 691 728 711 Other provisions (**) 366 479 457 Total 5,889 6,141 6,538 (*) The variation is mainly explained by the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A. (**) Individually insignificant provisions or contingencies, for various concepts in different geographies. The change in provisions for pensions and similar obligations for the years ended December 31, 2021, 2020 and 2019 is as follows: Provisions for pensions, other post-employment obligations for defined benefit plans, and other long term employee benefits. Changes over the year (Millions of Euros) Notes 2021 2020 2019 Balance at the beginning 4,272 4,631 4,787 Charges to income for the year 141 298 327 Interest expense and similar charges 37 44 63 Personnel expense 44.1 49 49 49 Provision expense 56 205 215 Charges to equity (*) 25 (206) 191 329 Transfers and other changes (**) (21) (71) (29) Benefit payments 25 (608) (654) (718) Employer contributions 25 (4) (124) (65) Balance at the end 3,576 4,272 4,631 (*) Correspond to actuarial losses (gains) arising from certain post-employment defined-benefit commitments for pensions recognized in “Equity” (see Note 2.2.11). (**) In 2020, it includes the amount of the USA Sale (see Notes 1.3, 3 and 21). Provisions for taxes, legal contingencies and other provisions. Changes over the year (Millions of Euros) 2021 2020 2019 Balance at beginning 1,091 1,134 1,286 Additions (*) 1,175 555 396 Acquisition of subsidiaries — — — Unused amounts reversed during the year (227) (215) (96) Amount used and other variations (*) (1,050) (383) (453) Balance at the end 990 1,091 1,134 (*)In 2021, it includes the initial recognition of the estimated cost of the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A., and the subsequent reclassification from "Other provisions" to "Other long term employee benefits" for the remaining amount at the time of the reclassification. Collective layoff procedure On June 8, 2021, BBVA reached an agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain on April 13, 2021, which would affect 2,935 employees. The agreement also included the closing of 480 offices (most of which had closed as of December 31, 2021). The cost of the process amounts to €994 million before taxes, of which €754 million correspond to the collective layoff and €240 million to the closing of offices (see Notes 17, 21, 46, 49 and 50). As of December 31, 2021, 2,888 employees had already signed out of BBVA S.A. (some of them effectively departed on January 1, 2022). It is expected that during January and February, additional departures will take place until the agreement is completed, which could be extended until March 31, 2022, Ongoing legal proceedings and litigation The financial sector faces an environment of increased regulatory pressure and litigation. In this environment, the various Group entities are often sued on lawsuits and are therefore involved in individual or collective legal proceedings and litigation arising from their activity and operations, including proceedings arising from their lending activity, from their labor relations and from other commercial, regulatory or tax issues, as well as in arbitration. On the basis of the information available, the Group considers that, as of December 31, 2021, the provisions made in relation to judicial proceedings and arbitration, where so required, are adequate and reasonably cover the liabilities that might arise, if any, from such proceedings. Furthermore, on the basis of the information available and with the exceptions indicated in Note 7.1 "Risk factors", BBVA considers that the liabilities that may arise from such proceedings will not have, on a case-by-case basis, a significant adverse effect on the Group's business, financial situation or results of operations.

Note 25

Note 25	12 Months Ended
	Dec. 31, 2021
Post Employment And Other Employee Benefit Commitments [Abstract]
Disclosure of Post Employment And Other Employee Benefit Commitments [Text Block]	Post-employment and other employee benefit commitments As stated in Note 2.2.11, the Group has assumed commitments with employees including short-term employee benefits (see Note 44.1), defined contribution and defined benefit plans (see Glossary), healthcare and other long-term employee benefits. The Group sponsors defined-contribution plans for the majority of its active employees with the plans in Spain and Mexico being the most significant. Most defined benefit plans are closed to new employees with liabilities relating largely to retired employees, the most significant being those in Spain, Mexico and Turkey. In Mexico, the Group provides medical benefits to a closed group of employees and their family members, both active service and in retirees. The breakdown of the net defined benefit liability recorded on the balance sheet as of December 31, 2021, 2020 and 2019 is provided below: Net defined benefit liability (asset) on the consolidated balance sheet (Millions of Euros) Notes 2021 2020 2019 Pension commitments 4,218 4,539 5,050 Early retirement commitments 952 1,247 1,486 Medical benefits commitments 1,377 1,562 1,580 Other long term employee benefits 632 49 61 Total commitments 7,180 7,398 8,177 Pension plan assets 1,494 1,608 1,961 Medical benefit plan assets 1,494 1,484 1,532 Total plan assets (*) 2,988 3,092 3,493 Total net liability / asset 4,193 4,305 4,684 Of which: Net asset on the consolidated balance sheet (**) (15) (16) (8) Of which: Net liability on the consolidated balance sheet for provisions for pensions and similar obligations (***) 24 3,576 4,272 4,631 Of which: Net liability on the consolidated balance sheet for other long term employee benefits (****) 24 632 49 61 (*) In Turkey, the foundation responsible for managing the benefit commitments holds an additional asset of €165 million as of December 31, 2021 which, in accordance with IFRS regarding the asset ceiling, has not been recognized in the Consolidated Financial Statements, because although it could be used to reduce future pension contributions it could not be immediately refunded to the employer. (**) Recorded under the heading “Other Assets - Other” of the consolidated balance sheet (see Note 20). (***) Recorded under the heading “Provisions - Provisions for pensions and similar obligations” of the consolidated balance sheet. (****) Recorded under the heading “Provisions – Other long-term employee benefits” of the consolidated balance sheet. The variation is mainly explained by the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A. The impact relating to benefit commitments charged to consolidated income statement for the years 2021, 2020 and 2019 is as follows: Consolidated income statement impact (Millions of Euros) Notes 2021 2020 2019 Interest and other expense 37 44 63 Interest expense 257 265 293 Interest income (220) (220) (230) Personnel expense 120 121 143 Defined contribution plan expense 44.1 71 72 95 Defined benefit plan expense 44.1 49 49 49 Provisions or (reversal) of provisions 46 61 210 213 Early retirement expense 100 224 190 Past service cost expense (28) (8) 18 Remeasurements (*) (16) (11) 7 Other provision expense 6 4 (1) Total impact on consolidated income statement: expense (income) 218 375 419 (*) Actuarial losses (gains) on remeasurement of the net defined benefit liability relating to early retirements in Spain and other long-term employee benefits that are charged to the income statements (see Note 2.2.12). The amounts relating to post-employment benefits charged to the consolidated balance sheet correspond to the actuarial gains (losses) on remeasurement of the net defined benefit liability relating to pension and medical commitments before income taxes as of December 31, 2021, 2020 and 2019 are as follows: Equity impact (Millions of Euros) 2021 2020 2019 Defined benefit plans 52 161 254 Post-employment medical benefits (257) 30 74 Total impact on equity: debit (credit) (206) 191 329 Defined benefit commitments relate mainly to employees who have already retired or taken early retirement, certain closed groups of active employees still accruing defined benefit pensions, and in-service death and disability benefits provided to most active employees. For the latter, the Group pays the required premiums to fully insure the related liability. The change in these pension commitments during the years ended December 31, 2021, 2020 and 2019 is presented below: Defined benefits (Millions of Euros) 2021 2020 2019 Defined benefit obligation Plan assets Net liability (asset) Defined benefit obligation Plan assets Net liability (asset) Defined benefit obligation Plan assets Net liability (asset) Balance at the beginning 7,348 3,092 4,256 8,116 3,493 4,622 7,585 2,839 4,746 Current service cost 53 — 53 53 — 53 52 — 52 Interest income/expense 253 220 33 261 219 42 290 230 60 Contributions by plan participants 5 5 — 4 4 — 4 4 — Employer contributions — 4 (4) — 124 (124) — 65 (65) Past service costs (*) 75 — 75 219 — 219 210 — 210 Remeasurements: (406) (184) (223) 364 176 187 783 454 329 Return on plan assets (**) — (184) 184 — 176 (176) — 454 (454) From changes in demographic assumptions (121) — (121) 57 — 57 (15) — (15) From changes in financial assumptions (259) — (259) 276 — 276 688 — 688 Other actuarial gains and losses (27) — (27) 30 — 30 110 — 110 Benefit payments (765) (158) (608) (839) (185) (654) (905) (187) (718) Settlement payments (1) (1) — — — — — — — Business combinations and disposals (***) (2) 1 (3) (371) (327) (44) 15 12 3 Effect on changes in foreign exchange rates (24) 8 (32) (459) (409) (50) 63 69 (6) Conversions to defined contributions — — — — — — — — — Other effects 13 — 13 1 (3) 4 19 6 13 Balance at the end 6,547 2,988 3,560 7,348 3,092 4,256 8,116 3,493 4,622 Of which: Spain 3,670 206 3,464 4,288 249 4,039 4,592 266 4,326 Of which: Mexico 2,150 2,149 1 2,219 2,122 97 2,231 2,124 107 Of which: The United States — — — — — — 375 323 52 Of which: Turkey 272 209 63 367 282 85 444 359 86 (*) Including gains and losses arising from settlements. (**) Excluding interest, which is recorded under "Interest income or expense". (***) The amount in 2020 in mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). The most significant commitments are those in Spain and Mexico and, to a lesser extent, in Turkey. The remaining commitments are located mostly in Portugal and South America. Unless otherwise required by local regulation, all defined benefit plans have been closed to new entrants, who instead are able to participate in the Group´s defined contribution plans. Both the costs and the present value of the commitments are determined by independent qualified actuaries using the “projected unit credit” method. In order to enable the good governance of these plans, the Group has established specific benefits committees. These benefit committees include members from the different areas of the business so that all decisions are made taking into consideration all of the associated impacts. The following table sets out the key actuarial assumptions used in the valuation of these commitments as of December 31, 2021, 2020 and 2019: Actuarial assumptions (%) 2021 2020 2019 Spain Mexico Turkey Spain Mexico Turkey Spain Mexico Turkey Discount rate 0.74 % 9.68 % 19.10 % 0.53 % 8.37 % 13.00 % 0.68 % 9.04 % 12.50 % Rate of salary increase — % 4.00 % 16.60 % — % 4.00 % 11.20 % — % 4.75 % 9.70 % Rate of pension increase — % 2.95 % 15.10 % — % 1.94 % 9.70 % — % 2.47 % 8.20 % Medical cost trend rate — % 7.00 % 19.30 % — % 7.00 % 13.90 % — % 7.00 % 12.40 % Mortality tables PER 2020 EMSSA09 CSO2001 PER 2020 EMSSA09 CSO2001 PERM/F 2000P EMSSA09 CSO2001 In Spain, the discount rate shown as of December 31, 2021, corresponds to the weighted average rate, the actual discount rates used are 0% and 1% depending on the type of commitment. Discount rates used to value future benefit cash flows have been determined by reference to high quality corporate bonds (Note 2.2.12) denominated in Euro in the case of Spain and Mexican peso for Mexico, and government bonds denominated in Turkish Lira for Turkey. The expected return on plan assets has been set in line with the adopted discount rate. Assumed retirement ages have been set by reference to the earliest age at which employees are entitled to retire, the contractually agreed age in the case of early retirements in Spain or by using retirement rates. Changes in the main actuarial assumptions may affect the valuation of the commitments. The table below shows the sensitivity of the benefit obligations to changes in the key assumptions: Sensitivity analysis (Millions of Euros) Basis points change 2021 2020 2019 Increase Decrease Increase Decrease Increase Decrease Discount rate 50 (282) 307 (354) 390 (367) 405 Rate of salary increase 50 2 (2) 4 (4) 3 (3) Rate of pension increase 50 28 (26) 29 (27) 27 (26) Medical cost trend rate 50 109 (98) 145 (129) 169 (133) Change in obligation from each additional year of longevity 170 — 211 — 137 — The sensitivities provided above have been determined at the date of these consolidated financial statements, and reflect solely the impact of changing one individual assumption at a time, keeping the rest of the assumptions unchanged, thereby excluding the effects which may result from combined assumption changes. In addition to the commitments to employees shown above, the Group has other less material long-term employee benefits. These include long-service awards, which consist of either an established monetary award or some vacation days granted to certain groups of employees when they complete a given number of years of service. Additionally, this heading includes a fund related to the collective layoff procedure that has been carried out in Banco Bilbao Vizcaya Argentaria, S.A. in 2021. As of December 31, 2021, 2020 and 2019, the actuarial liabilities for the outstanding awards amounted to €632 million, €50 million and €61 million, respectively. These commitments are recorded under the heading "Provisions - Other long-term employee benefits" of the accompanying consolidated balance sheet (see Note 24). These commitments relate mostly to pension payments, and which have been determined based on salary and years of service. For most plans, pension payments are due on retirement, death and long term disability. In addition, during the year 2021, Group entities in Spain offered certain employees the option to take retirement or early retirement (that is, earlier than the age stipulated in the collective labor agreement in force). This offer was accepted by 432 employees (781 and 616 during years 2020 and 2019, respectively). These commitments include the compensation and indemnities due as well as the contributions payable to external pension funds during the early retirement period. As of December 31, 2021, 2020 and 2019, the value of these commitments amounted to €952 million, €1,247 million and €1,486 million, respectively. The change in the benefit plan obligations and plan assets during the year ended December 31, 2021 was as follows: Post-employment commitments 2021 (Millions of Euros) Spain Mexico Turkey Rest of the world Defined benefit obligation Balance at the beginning 4,287 666 367 465 Current service cost 5 5 16 3 Interest income or expense 22 53 40 6 Contributions by plan participants — — 3 2 Employer contributions — — — — Past service costs (*) 75 — 2 2 Remeasurements: (106) 79 21 (24) Return on plan assets (**) — — — — From changes in demographic assumptions — (4) — (2) From changes in financial assumptions (61) 84 (18) (7) Other actuarial gains and losses (45) (2) 39 (15) Benefit payments (625) (67) (13) (12) Settlement payments — — — (1) Business combinations and disposals — — — (2) Effect on changes in foreign exchange rates — 42 (166) 9 Conversions to defined contributions — — — — Other effects 12 — — — Balance at the end 3,670 779 272 449 Of which: Vested benefit obligation relating to current employees 3,596 Of which: Vested benefit obligation relating to retired employees 74 Plan Assets Balance at the beginning 249 638 282 439 Current service cost — — — — Interest income or expense 2 52 32 5 Contributions by plan participants — — 3 2 Employer contributions (11) 2 11 1 Past service costs (*) — — — — Remeasurements: (8) (49) 11 (19) Return on plan assets (**) (8) (49) 11 (19) From changes in demographic assumptions — — — — From changes in financial assumptions — — — — Other actuarial gains and losses — — — — Benefit payments (26) (65) (7) (11) Settlement payments — — — (1) Business combinations and disposals — 40 — — Effect on changes in foreign exchange rates — 37 (123) 9 Conversions to defined contributions — — — — Other effects — — — — Balance at the end 206 655 209 424 Net liability (asset) Balance at the beginning 4,038 28 85 27 Current service cost 5 5 16 3 Interest income or expense 20 1 9 1 Contributions by plan participants — — — — Employer contributions 11 (2) (11) (1) Past service costs (*) 75 — 2 2 Remeasurements: (98) 128 10 (5) Return on plan assets (**) 8 49 (11) 19 From changes in demographic assumptions — (4) — (2) From changes in financial assumptions (61) 84 (18) (7) Other actuarial gains and losses (45) (2) 39 (15) Benefit payments (599) (1) (6) (1) Settlement payments — — — — Business combinations and disposals — (40) — (2) Effect on changes in foreign exchange rates — 5 (43) 1 Conversions to defined contributions — — — — Other effects 12 — — — Balance at the end 3,464 124 63 24 (*) Including gains and losses arising from settlements. (**) Excluding interest, which is recorded under "Interest income or expense". The change in net liabilities (assets) during the years ended 2020 and 2019 was as follows: Post-employment commitments (Millions of Euros) 2020: Net liability (assets) 2019: Net liability (assets) Spain Mexico The United States Turkey Rest of the world Spain Mexico The United States Turkey Rest of the world Balance at the beginning 4,326 72 52 86 38 4,547 71 39 83 36 Current service cost 5 5 1 18 3 4 4 — 20 3 Interest income or expense 28 6 2 8 1 42 9 — 11 3 Contributions by plan participants — — — — — — — — — — Employer contributions — (86) — (14) (1) — (47) (3) (14) (1) Past service costs (*) 224 (1) — 2 3 190 15 — 3 2 Remeasurements: 95 62 (4) 18 (14) 231 9 16 2 (1) Return on plan assets (**) (41) (31) (35) 23 (26) (67) (90) (28) 5 (50) From changes in demographic assumptions 60 — (3) — — — — — (13) (2) From changes in financial assumptions 79 (19) 34 54 17 239 87 42 (41) 52 Other actuarial gains and losses (3) 112 — (59) (5) 59 12 2 51 (1) Benefit payments (643) (1) (2) (6) (1) (702) (1) (2) (11) (3) Settlement payments — — — — — — — — — — Business combinations and disposals — (19) (44) — — — 7 3 — — Effect on changes in foreign exchange rates — (10) (5) (26) (4) — 5 — (9) 1 Conversions to defined contributions — — — — — — — — — — Other effects 3 — — — — 14 — (1) — — Balance at the end 4,038 28 — 85 27 4,326 72 52 86 38 (*) Includes gains and losses from settlements. (**) Excludes interest which is reflected in the line item “Interest income and expense”. In Spain, local regulation requires that pension and death benefit commitments must be funded, either through a qualified pension plan or an insurance contract. In the Spanish entities these commitments are covered by insurance contracts which meet the requirements of the accounting standard regarding the non-recoverability of contributions. However, a significant number of the insurance contracts are with BBVA Seguros, S.A. – a consolidated subsidiary and related party – and consequently these policies cannot be considered plan assets under IAS 19. For this reason, the liabilities insured under these policies are fully recognized under the heading "Provisions – Pensions and other post-employment defined benefit obligations" of the accompanying consolidated balance sheet (see Note 24), while the related assets held by the insurance company are included within the Group´s consolidated assets (recorded according to the classification of the corresponding financial instruments). As of December 31, 2021 the value of these separate assets was €2,326 million, (€2,572 and €2,620 million as of December 31, 2021, 2020 and 2019, respectively) representing direct rights of the insured employees held in the consolidated balance sheet, hence these benefits are effectively fully funded. On the other hand, some pension commitments have been funded through insurance contracts with insurance companies not related to the Group. In this case the accompanying consolidated balance sheet reflects the value of the obligations net of the fair value of the qualifying insurance policies. As of December 31, 2021, 2020 and 2019, the value of the aforementioned insurance policies (€206, €249 and €266 million, respectively) exactly match the value of the corresponding obligations and therefore no amount for this item has been recorded in the accompanying consolidated balance sheet. Pension benefits are paid by the insurance companies with whom BBVA has insurance contracts and to whom all insurance premiums have been paid. The premiums are determined by the insurance companies using cash flow matching techniques so that benefits can be met when due, guaranteeing both the actuarial and interest rate risk. In Mexico, there is a defined benefit plan for employees hired prior to 2001. Other employees participate in a defined contribution plan. External funds/trusts have been constituted locally to meet benefit payments as required by local regulation. In 2008, the Turkish government passed a law to unify the different existing pension systems under a single umbrella Social Security system. Such system provides for the transfer of the various previously established funds. The financial sector is in this stage at present, maintaining these pension commitments managed by external pension funds (foundations) established for that purpose. The foundation that maintains the assets and liabilities relating to employees of Garanti BBVA in Turkey, as per the local regulatory requirements, has registered an obligation amounting to €243 million as of December 31, 2021 pending future transfer to the Social Security system. Furthermore, Garanti BBVA has set up a defined benefit pension plan for employees, additional to the social security benefits, reflected in the consolidated balance sheet. The change in defined benefit obligations and plan assets during the years 2021, 2020 and 2019 was as follows: Medical benefits commitments (Millions of Euros) 2021 2020 2019 Defined benefit obligation Plan assets Net liability (asset) Defined benefit obligation Plan assets Net liability (asset) Defined benefit obligation Plan assets Net liability (asset) Balance at the beginning 1,562 1,484 77 1,580 1,532 48 1,114 1,146 (32) Current service cost 24 — 24 21 — 21 21 — 21 Interest income or expense 131 129 2 117 120 (3) 119 123 (4) Contributions by plan participants — — — — — — — — — Employer contributions — 1 (1) — 22 (22) — — — Past service costs (*) (5) — (5) (8) — (8) — — — Remeasurements: (377) (119) (257) 95 66 30 298 224 74 Return on plan assets (**) — (119) 119 — 66 (66) — 224 (224) From changes in demographic assumptions (115) — (115) — — — — — — From changes in financial assumptions (257) — (257) 110 — 110 311 — 311 Other actuarial gain and losses (4) — (4) (15) — (15) (13) — (13) Benefit payments (49) (48) — (37) (37) — (39) (39) (1) Settlement payments — — — — — — — — — Business combinations and disposals — (39) 39 — (19) 19 — 7 (7) Effect on changes in foreign exchange rates 90 86 4 (207) (201) (6) 68 71 (2) Other effects — — — — — — (1) — — Balance at the end 1,377 1,494 (116) 1,562 1,484 77 1,580 1,532 48 (*) Including gains and losses arising from settlements. (**) Excluding interest, which is recorded under "Interest income or expense". In Mexico, there is a medical benefit plan for employees hired prior to 2007. New employees from 2007 are covered by a medical insurance policy. An external trust has been constituted locally to fund the plan, in accordance with local legislation and Group policy. In Turkey, employees are currently provided with medical benefits through a foundation in collaboration with the Social Security system, although local legislation prescribes the future unification of this and similar systems into the general Social Security system itself. The valuation of these benefits and their accounting treatment follow the same methodology as that employed in the valuation of pension commitments. As of December 31, 2021, the estimated benefit payments over the next ten years for all the entities in Spain, Mexico and Turkey are as follows: Estimated benefit payments (Millions of Euros) 2022 2023 2024 2025 2026 2027-2031 Commitments in Spain 625 477 395 332 284 920 Commitments in Mexico 133 139 146 155 164 941 Commitments in Turkey 16 11 15 17 23 206 Total 774 627 556 505 471 2,066 The majority of the Group´s defined benefit plans are funded by plan assets held in external funds/trusts legally separate from the Group sponsoring entity. However, in accordance with local regulation, some commitments are not externally funded and covered through internally held provisions, principally those relating to early retirements. Plan assets are those assets which will be used to directly settle the assumed commitments and which meet the following conditions: they are not part of the Group sponsoring entities assets, they are available only to pay post-employment benefits and they cannot be returned to the Group sponsoring entity. To manage the assets associated with defined benefit plans, BBVA Group has established investment policies designed according to criteria of prudence and minimizing the financial risks associated with plan assets. The investment policy consists of investing in a low risk and diversified portfolio of assets with maturities consistent with the term of the benefit obligation and which, together with contributions made to the plan, will be sufficient to meet benefit payments when due, thus mitigating the plans‘ risks. In those countries where plan assets are held in pension funds or trusts, the investment policy is developed consistently with local regulation. When selecting specific assets, current market conditions, the risk profile of the assets and their future market outlook are all taken into consideration. In all the cases, the selection of assets takes into consideration the term of the benefit obligations as well as short-term liquidity requirements. The risks associated with these commitments are those which give rise to a deficit in the plan assets. A deficit could arise from factors such as a fall in the market value of plan assets, an increase in long-term interest rates leading to a decrease in the fair value of fixed income securities, or a deterioration of the economy resulting in more write-downs and credit rating downgrades. The table below shows the allocation of plan assets of the main companies of the BBVA Group as of December 31, 2021, 2020 and 2019: Plan assets breakdown (Millions of Euros) 2021 2020 2019 Cash or cash equivalents 24 38 56 Debt securities (government bonds) 2,394 2,707 2,668 Mutual funds 1 1 2 Insurance contracts 148 140 142 Total 2,566 2,887 2,869 Of which: Bank account in BBVA 3 4 4 Of which: Debt securities issued by BBVA — — — Of which: Property occupied by BBVA — — — In addition to the above there are plan assets relating to the previously mentioned insurance contracts in Spain and the foundation in Turkey. The following table provides details of investments in listed securities (Level 1) as of December 31, 2021, 2020 and 2019: Investments in listed markets (Millions of Euros) 2021 2020 2019 Cash or cash equivalents 24 38 56 Debt securities (Government bonds) 2,394 2,707 2,668 Mutual funds 1 1 2 Total 2,418 2,747 2,727 Of which: Bank account in BBVA 3 4 4 Of which: Debt securities issued by BBVA — — — Of which: Property occupied by BBVA — — — The remainder of the assets are mainly invested in Level 2 assets in in accordance with the classification established under IFRS 13 (mainly insurance contracts). As of December 31, 2021, almost all of the assets related to employee commitments corresponded to fixed income securities. Certain Group entities sponsor defined contribution plans. Some of these plans allow employees to make contributions which are then matched by the employer. Contributions are recognized as and when they are accrued, with a charge to the consolidated income statement in the corresponding year. No liability is therefore recognized in the accompanying consolidated balance sheet (see Note 44.1).

Note 26

Note 26	12 Months Ended
	Dec. 31, 2021
Common Stock [Abstract]
Disclosure of Common Stock [Text Block]	Common stock As of December 31, 2021, 2020 and 2019, BBVA’s common stock amounted to €3,267,264,424.20 divided into 6,667,886,580 fully subscribed and paid-up registered shares, all of the same class and series, at €0.49 par value each, represented through book-entries. All of the Bank shares carry the same voting and dividend rights, and no single stockholder enjoys special voting rights. Each and every share is part of the Bank’s common stock. The Bank’s shares are traded on the stock markets of Madrid, Barcelona, Bilbao and Valencia through the Sistema de Interconexión Bursátil Español (Mercado Continuo), as well as on the London and Mexico stock markets. BBVA American Depositary Shares (ADSs) traded on the New York Stock Exchange under the ticker “BBVA”. Additionally, as of December 31, 2021, the shares of Banco BBVA Peru, S.A., BBVA Banco Provincial, S.A., Banco BBVA Colombia, S.A., Banco BBVA Argentina, S.A., and Garanti BBVA A.S., were listed on their respective local stock markets. Banco BBVA Argentina, S.A. was also quoted in the Latin American market (Latibex) of the Madrid Stock Exchange and the New York Stock Exchange. Also, the Depositary Receipts (“DR”) of Garanti BBVA, A.S. are listed in the London Stock Exchange. BBVA is also currently included, amongst other indexes, in the IBEX 35® Index, which is made up by the 35 most liquid securities traded on the Spanish Market and, technically, it is a price index that is weighted by capitalization and adjusted according to the free float of each company comprised in the index. As of December 31, 2021, State Street Bank and Trust Co., The Bank of New York Mellon SA NV and Chase Nominees Ltd in their capacity as international custodian/depositary banks, held 14.26%, 2.45%, and 7.69% of BBVA common stock, respectively. Of said positions held by the custodian banks, BBVA is not aware of any individual shareholders with direct or indirect holdings greater than or equal to 3% of BBVA common stock outstanding. On February 1, 2022, Blackrock, Inc. reported to the SEC that it beneficially owned 7.2% of BBVA’s common stock. GQG Partners LLC, on February 11, 2021, notified the Spanish National Securities Market Commission (CNMV) that it now has a direct interest in BBVA's capital stock, totaling 3.090%, through voting rights attributed to the shares. Resolutions adopted by the Annual General Meeting Capital increase BBVA's AGM held on March 17, 2017 resolved, under agenda item four, to confer authority on the Board of Directors to increase Bank's share capital, on one or several occasions, within the legal term of five years of the approval date of the authorization, up to the maximum amount corresponding to 50% of Bank's share capital at the time on which the resolution was adopted, likewise conferring authority to the Board of Directors to totally or partially exclude shareholders' pre-emptive subscription rights over any specific issue that may be made under such authority. However, the power to exclude pre-emptive subscription rights was limited, such that the nominal amount of the capital increases resolved or effectively carried out with the exclusion of pre-emptive subscription rights in use of the referred authority and those that may be resolved or carried out to cover the conversion of mandatory convertible issues that may also be made with the exclusion of pre-emptive subscription rights in use of the authority to issue convertible securities conferred by the AGM held on March 17, 2017, under agenda item five (without prejudice to the anti-dilution adjustments and this limit not being applicable to contingent convertible issues) shall not exceed the nominal maximum overall amount of 20% of the share capital of BBVA at the time of the authorization. As of the date of this document, the Bank's Board of Directors has not exercised the authority conferred by the AGM. Convertible and/or exchangeable securities: Note 22.4 introduces the details of the convertible and/or exchangeable securities.

Note 27

Note 27	12 Months Ended
	Dec. 31, 2021
Share premium [Abstract]
Disclosure of Share Premium [Text Block]	Share premium As of December 31, 2021, the balance under this heading in the accompanying consolidated balance sheets was €23,599 million. As of December 31, 2020 and 2019, the balance under this heading was €23,992 million (see Note 4). The amended Spanish Corporation Act expressly permits the use of the share premium balance to increase capital and establishes no specific restrictions as to its use (see Note 26).

Note 28

Note 28	12 Months Ended
	Dec. 31, 2021
Disclosure of reserves within equity [abstract]
Disclosure of Retained Earnings And Other Reserves [Text Block]	Retained earnings, revaluation reserves and other reserves Breakdown of the balance The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as follows: Retained earnings, revaluation reserves and other reserves. Breakdown by concepts (Millions of Euros) 2021 2020 2019 Legal reserve 653 653 653 Restricted reserve 761 120 124 Voluntary reserves (*) 3,994 8,117 8,331 Total reserves holding company 5,409 8,890 9,108 Consolidation reserves attributed to the Bank and subsidiary consolidated companies 24,575 21,454 20,161 Total 29,984 30,344 29,269 (*) The variation in 2021 is mainly due to the allocation of earnings of BBVA, S.A. and the share repurchase program (see Note 4). Under the amended Spanish Corporations Act, 10% of any profit made each year must be transferred to the legal reserve. The transfer must be made until the legal reserve reaches 20% of the common stock. The legal reserve can be used to increase the common stock provided that the remaining reserve balance does not fall below 10% of the increased capital. While it does not exceed 20% of the common stock, it can only be allocated to offset losses exclusively in the case that there are not sufficient reserves available. As of December 31, 2021, 2020 and 2019, the Bank’s restricted reserves are as follows: Restricted reserves. Breakdown by concepts (Millions of Euros) 2021 2020 2019 Restricted reserve for retired capital 88 88 88 Restricted reserve for Parent Company shares and loans for those shares (*) 672 30 34 Restricted reserve for redenomination of capital in euros 2 2 2 Total 761 120 124 (*) The variation in 2021 is mainly due to the share buyback program (see Note 4). The restricted reserve for retired capital resulted from the reduction of the nominal par value of the BBVA shares made in April 2000. The second heading corresponds to restricted reserves related to the amount of shares issued by the Bank in its possession at each date, as well as the amount of customer loans outstanding at those dates that were granted for the purchase of, or are secured by, the parent company shares. Finally, pursuant to Law 46/1998 on the Introduction of the Euro, a restricted reserve is recognized as a result of the rounding effect of the redenomination of the parent company common stock in euros. Retained earnings, revaluation reserves and other reserves. Breakdown by company or corporate group (Millions of Euros) 2021 2020 2019 Retained earnings (losses), revaluation reserves and other reserves Holding Company 12,467 15,014 16,623 BBVA Mexico Group 13,894 12,890 10,645 Garanti BBVA Group 3,043 2,509 1,985 BBVA Provincial Group 1,721 1,731 1,736 BBVA Argentina Group 1,423 1,302 1,169 BBVA Colombia Group 1,393 1,287 1,130 BBVA Peru Group 1,031 984 848 Corporación General Financiera, S.A. 322 920 932 Forum Servicios Financieros S.A. 604 619 597 Sociedades inmobiliarias CX 277 251 266 BBV America, S.L. 270 262 247 BBVA Seguros, S.A. 239 (35) (99) Pecri Inversión, S.L. 118 114 (50) BBVA Uruguay Group 106 87 56 Bilbao Vizcaya Holding, S.A. 68 77 62 Compañía de Cartera de Inversiones, S.A. 42 59 47 Gran Jorge Juan, S.A. 57 42 27 BBVA USA Group — (1,098) (308) Anida Grupo Inmobiliario (556) (594) (587) Sociedades inmobiliarias Unnim (655) (617) (594) Anida Operaciones Singulares, S.A. (5,512) (5,409) (5,375) Other (121) 112 27 Subtotal (*) 30,231 30,508 29,388 Other reserves or accumulated losses of investments in joint ventures and associates ATOM Bank PLC (158) (91) (56) Metrovacesa, S.A. (84) (84) (75) Other (5) 11 12 Subtotal (247) (164) (119) Total 29,984 30,344 29,269 (*) In 2021 includes the accounting for shares pending from buyback program (see Note 4) and the reclassification of items not subject to reclassification to income statement to by results for "Actuarial gains (losses) in defined benefit pension plans".

Note 29

Note 29	12 Months Ended
	Dec. 31, 2021
Treasury shares [Abstract]
Disclosure of Treasury shares [Text Block]	Treasury sharesIn the years ended December 31, 2021, 2020 and 2019 the Group entities performed the following transactions with shares issued by the Bank: Treasury shares (Millions of euros) 2021 2020 2019 Number of Shares Millions of Euros Number of Shares Millions of Euros Number of Shares Millions of Euros Balance at beginning 14,352,832 46 12,617,189 62 47,257,691 296 + Purchases (*) 203,530,570 1,022 234,691,887 807 214,925,699 1,088 - Sales and other changes (90,250,003) (417) (232,956,244) (830) (249,566,201) (1,298) +/- Derivatives on BBVA shares — (4) — 7 — (23) +/- Other changes — — — — — — Balance at the end 127,633,399 647 14,352,832 46 12,617,189 62 Of which: Held by BBVA, S.A.(*) 112,733,730 574 592,832 9 — — Held by Corporación General Financiera, S.A. 14,899,669 72 13,760,000 37 12,617,189 62 Held by other subsidiaries — — — — — — Average purchase price in Euros 5.02 — 3.44 — 5.06 — Average selling price in Euros 4.89 — 3.63 — 5.20 — Net gains or losses on transactions 17 — 13 (*) In 2021 includes the share buyback program (see Note 4). The percentages of treasury shares held by the Group in the years ended December 31, 2021, 2020 and 2019 are as follows: Treasury Stock 2021 2020 2019 Min Max Closing Min Max Closing Min Max Closing % treasury stock 0.108% 1.922% 1.914% 0.008% 0.464% 0.215% 0.138% 0.746% 0.213% The number of BBVA shares accepted by the Group in pledge of loans as of December 31, 2021, 2020 and 2019 is as follows: Shares of BBVA accepted in pledge 2021 2020 2019 Number of shares in pledge 29,372,853 39,407,590 43,018,382 Nominal value 0.49 0.49 0.49 % of share capital 0.44% 0.59 % 0.65 % The number of BBVA shares owned by third parties but under management of a company within the Group as of December 31, 2021, 2020 and 2019 is as follows: Shares of BBVA owned by third parties but managed by the Group 2021 2020 2019 Number of shares owned by third parties 17,645,506 18,266,509 23,807,398 Nominal value 0.49 0.49 0.49 % of share capital 0.26 % 0.27 % 0.36%

Note 30

Note 30	12 Months Ended
	Dec. 31, 2021
Accumulated other comprehensive income [abstract]
Disclosure of Accumulated Other Comprehensive Income [Text Block]	Accumulated other comprehensive income (loss) The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as follows Accumulated other comprehensive income (loss). Breakdown by concepts (Millions of Euros) Notes 2021 2020 2019 Items that will not be reclassified to profit or loss (2,075) (2,815) (1,875) Actuarial gains (losses) on defined benefit pension plans (998) (1,474) (1,498) Non-current assets and disposal groups classified as held for sale — (65) 2 Fair value changes of equity instruments measured at fair value through other comprehensive income 13.4 (1,079) (1,256) (403) Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk 2 (21) 24 Items that may be reclassified to profit or loss (14,401) (11,541) (8,351) Hedge of net investments in foreign operations (effective portion) (146) (62) (896) Mexican peso (681) (362) (588) Turkish lira 555 317 163 Other exchanges (19) (18) (471) Foreign currency translation (14,988) (14,185) (9,147) Mexican peso (4,503) (5,220) (3,557) Turkish lira (6,607) (4,960) (3,750) Argentine peso (1,024) (1,247) (1,124) Venezuela Bolívar (1,858) (1,860) (1,854) Other exchanges (995) (898) 1,138 Hedging derivatives. Cash flow hedges (effective portion) (533) 10 (44) Fair value changes of debt instruments measured at fair value through other comprehensive income 13.4 1,274 2,069 1,760 Non-current assets and disposal groups classified as held for sale (*) — 644 (18) Share of other recognized income and expense of investments in joint ventures and associates (9) (17) (5) Total (16,476) (14,356) (10,226) (*) Corresponds mainly to BBVA USA in 2020 (see Notes 1.3, 3 and 21). The balances recognized under these headings are presented net of tax. The main changes in 2021 are explained by the depreciation against the euro of some of the currencies of the main geographies where the Group operates against the euro such as the Turkish lira (40.2%), Peruvian sol (1.3%), Colombian peso (6.6%) and Argentine peso (11.3%); partially offset by the appreciation against the euro of the Mexican peso (5.5%) and the application of IAS 29 of Argentina (see Note 2.2.19).

Note 31

Note 31	12 Months Ended
	Dec. 31, 2021
Non Controlling Interest [Abstract]
Disclosure of non-controlling interests [text block]	Non-controlling interest The table below is a breakdown by groups of consolidated entities of the balance under the heading “Minority interests (non-controlling interest)” of total equity in the accompanying consolidated balance sheets is as follows: Non-controlling interests: breakdown by subgroups (Millions of Euros) 2021 2020 2019 Garanti BBVA 2,851 3,692 4,240 BBVA Peru 1,212 1,171 1,334 BBVA Argentina 557 416 422 BBVA Colombia 76 70 76 BBVA Venezuela 70 65 71 Other entities 87 56 57 Total 4,853 5,471 6,201 These amounts are broken down by groups of consolidated entities under the heading “Attributable to minority interests (non-controlling interests)” in the accompanying consolidated income statements: Profit attributable to non-controlling interests (Millions of Euros) 2021 2020 2019 Garanti BBVA 758 579 524 BBVA Peru 143 126 236 BBVA Argentina 26 38 60 BBVA Colombia 9 6 11 BBVA Venezuela 3 2 (1) Other entities 25 5 4 Total 965 756 833 Dividends distributed to non-controlling interest of the Group during the year 2021 are: BBVA Banco Continental Group €76 million, BBVA Garanti Group €38 million and other Group entities accounted for €5 million.

Note 32

Note 32	12 Months Ended
	Dec. 31, 2021
Capital Base And Capital Management [Abstract]
Disclosure of Capital Base And Capital Management [Text Block]	Capital base and capital management Capital base As of December 31, 2021, 2020 and 2019, own funds is calculated in accordance to the applicable regulation of each year on minimum capital requirements for Spanish credit institutions –both as individual entities and as consolidated group– that establish how to calculate them, as well as the various internal capital adequacy assessment processes they should have in place and the information they should disclose to the market. Following the latest SREP (Supervisory Review and Evaluation Process) decision, applicable as from March 1, 2022, the ECB has informed the Group that the Pillar 2 requirement would remain at 1.5% (0.84% must be CET1 at least). Therefore, BBVA must maintain a CET1 capital ratio of 8.60% and a total capital ratio of 12.76% at the consolidated level. The BBVA Group has set the objective of maintaining a CET1 ratio at a consolidated level of between 11.5% -12.0%, increasing the target distance to the minimum requirement (currently at 8.60%) at 290-340 basis points. At closing of the financial year 2021, the CET1 ratio is above this target management range. A reconciliation of the main figures between the accounting and regulatory own funds as of December 31, 2021, 2020 and 2019 is shown below: Eligible capital resources (Millions of Euros) Notes 2021 2020 2019 Capital 26 3,267 3,267 3,267 Share premium 27 23,599 23,992 23,992 Retained earnings, revaluation reserves and other reserves 28 29,984 30,344 29,269 Other equity instruments, net 60 42 56 Treasury shares 29 (647) (46) (62) Profit (loss) attributable to the parent company 5 4,653 1,305 3,512 Interim dividend (532) — (1,084) Total equity 60,384 58,904 58,950 Accumulated other comprehensive income (loss) 30 (16,476) (14,356) (10,226) Non-controlling interest 31 4,853 5,471 6,201 Shareholders' equity 48,760 50,020 54,925 Goodwill and other intangible assets (1,484) (3,455) (6,803) Deductions (1,484) (3,455) (6,803) Differences from solvency and accounting perimeter (130) (186) (215) Equity not eligible at solvency level (130) (186) (215) Other adjustments and deductions (*) (7,197) (3,449) (4,253) Common Equity Tier 1 (CET 1) 39,949 42,931 43,653 Additional Tier 1 before Regulatory Adjustments 5,737 6,666 6,048 Total Regulatory Adjustments to Additional Tier 1 — — — Tier 1 45,686 49,597 49,701 Tier 2 7,383 8,547 8,304 Total Capital (Total Capital=Tier 1 + Tier 2) 53,069 58,145 58,005 Total Minimum equity required 39,275 45,042 46,540 (*) Other adjustments and deductions includes, among others, the adjustment of non-eligible minority interests, the amount of repurchase of own shares up to the maximum limit authorized by the ECB for the BBVA Group (see Note 4) and the amount of shareholders remuneration pending to be distributed. The Group’s own funds in accordance with the aforementioned applicable regulation as of December 31, 2021, 2020 and 2019 are shown below: Amount of capital CC1 (Millions of Euros) 2021 2020 2019 Capital and share premium 26,866 27,259 27,259 Retained earnings and equity instruments 30,745 29,974 29,127 Other accumulated income and other reserves (17,200) (14,023) (10,133) Minority interests 2,800 3,656 4,404 Net interim attributable profit 2,573 860 1,316 Common Equity Tier I (CET1) before other regulatory adjustments 45,784 47,726 51,974 Goodwill and intangible assets (1,484) (3,455) (6,803) Direct, indirect and synthetic holdings in own Common Equity Tier I instruments (*) (2,800) (366) (484) Deferred tax assets (1,009) (1,478) (1,420) Other deductions and filters (542) 504 386 Total common equity Tier 1 regulatory adjustments (5,835) (4,795) (8,321) Common equity TIER 1 (CET1) 39,949 42,931 43,653 Capital instruments and share premium accounts classified as liabilities and qualifying as Additional Tier I 5,266 6,130 5,400 Qualifying Tier 1 capital included in consolidated AT1 capital issued by subsidiaries and held by third parties 472 536 648 Additional Tier 1 (CET 1) before regulatory adjustments 5,738 6,666 6,048 Transitional CET 1 adjustments — — — Total regulatory adjustments to additional Tier 1 — — — Additional Tier 1 (AT1) 5,738 6,666 6,048 Tier 1 (Common equity TIER 1+ additional TIER 1) 45,687 49,597 49,701 Capital instruments and share premium accounted as Tier 2 4,324 4,540 3,242 Qualifying Tier 2 capital included in consolidated T2 capital issued by subsidiaries and held by third parties 2,516 3,410 4,512 Credit risk adjustments 722 604 631 Tier 2 before regulatory adjustments 7,562 8,554 8,385 Tier 2 regulatory adjustments (180) (6) (82) Tier 2 7,382 8,547 8,304 Total capital (Total capital=Tier 1 + Tier 2) 53,069 58,145 58,005 Total RWA 307,795 353,273 364,448 CET 1 (phased-in) 12.98 % 12.15 % 11.98 % Tier 1 (phased-in) 14.84 % 14.04 % 13.64 % Total capital (phased-in) 17.24 % 16.46 % 15.92 % (*) Includes mainly the amount of repurchase of own shares pending to be executed and up to the maximum limit authorized by the ECB for the BBVA Group (see Note 4) As of December 2021 Common Equity Tier 1 (CET1) fully-loaded ratio stood at 12.75% which represented an increase of 102 basis points with respect to 2020, with the CET1 phased-in ratio at 12.98%, which represented an increase of 83 basis points with respect to 2020. The difference is mainly explained by the effect of the transitory adjustments for the treatment in the solvency ratios of the impacts of IFRS 9. These ratios include the effect of divestment in BBVA Paraguay in the first quarter and in the United States in the second quarter (see Note 3). In addition, these ratios include the negative non-recurring impact of €696 million of the net costs related to the restructuring process (see Note 24) and the deduction of the total amount of the share buyback program authorized by the European Central Bank for €3,500 million. Excluding these impacts, during the period, the high organic generation of profits, net of shareholder remuneration and the payment of the Contingent Convertible bonds (CoCos) contributed by +82 basis points to the CET1 ratio and covered the negative evolution of market variables, as well as the supervisory impacts and regulatory changes. Risk-weighted assets (RWAs) decreased by approximately €-45.400 million, mainly as a result of the sale of BBVA USA and BBVA Paraguay. The additional Tier 1 capital ratio (AT1) stood at 1.87% (1.86% phased-in) at December 31, 2021, which included the reduction of €1.000 million due to the early amortization of a series of CoCos issued in 2016, offset by the positive effect of RWA reduction. The Tier 2 ratio stood at 2.37%, which represents an increase of +7 basis points compared to December 31, 2020, mainly explained by the RWA reduction during the year. The phased-in Tier 2 ratio stood at 2.40%. The difference with the fully-loaded Tier 2 ratio relates mainly to the transitional treatment of certain subordinated issuances. As result of the above, the total capital ratio stood at 16.99% as of December 31, 2021, and total phased-in ratio stood at 17.24%. Regarding MREL (Minimum Requirement for own funds and Eligible Liabilities) requirements, BBVA has received a new communication from the Bank of Spain regarding its minimum requirement that has been calculated taking into account the financial and supervisory information as of December 31, 2019. In accordance with this new MREL communication, BBVA has to reach, by January 1, 2022, an amount of own funds and eligible liabilities equal to 24.78% (in accordance with the new applicable regulation, the MREL in RWAs and the subordination requirement in RWAs do not include the combined capital buffer requirement; for these purposes, the applicable combined capital buffer requirement, 2.5%, without prejudice to any other buffer that may be applicable at any time) of the total RWAs of its resolution group, on sub-consolidated level (the “MREL in RWAs”). Within this MREL in RWAs, an amount equal to 13.50% of the RWAs shall be met with subordinated instruments (the "subordination requirement in RWA"). This MREL in RWAs is equal to 10.25% in terms of the total exposure considered for calculating the leverage ratio (the “MREL in LR”), while the subordination requirement in RWAs is equal to 5.84% in terms of the total exposure considered for calculating the leverage ratio (the "subordination requirement in LR"). For BBVA, the most restrictive requirement as of today is the one expressed in RWA. The current own funds and eligible liabilities structure of the resolution group as of December 31, 2021 meets the MREL in RWAs, being the MREL ratio in terms of RWA of 28.34%. Finally, as of December 31, 2021, the MREL in LR is 11.35% and the subordination ratios in terms of RWA and in terms of LR are 24.65% and 9.87%, respectively. The leverage ratio (LR) is a regulatory measure complementing capital designed to enable financial strength of institutions in terms of indebtedness. This measurement can be used to estimate the percentage of the assets and off-balance sheet arrangements financed with Tier 1 capital, being the carrying amount of the assets used in this ratio adjusted to reflect the bank’s current or potential leverage of a given balance-sheet position (Leverage ratio exposure). Breakdown of leverage ratio as of December 31, 2021, 2020 and 2019, calculated according to CCR, is as follows: Leverage ratio 2021 2020 2019 Tier 1 (millions of Euros) (a) 45,687 49,597 49,701 Exposure to leverage ratio (millions of Euros) (b) 671,790 741,095 731,087 Leverage ratio (a)/(b) (percentage) 6.80 % 6.69 % 6.80 % These figures include the effect of the temporary exemption of certain positions with central banks provided for in the "CRR-Quick fix”. Excluding this temporary exemption, the exposure would amount to 705,537 million euros, with a phased-in leverage ratio of 6.48% (6.37% in fully loaded terms). The aim of capital management within BBVA and the Group is for both BBVA and the Group to have the necessary capital at any given time to develop the corporate strategy reflected in the Strategic Plan, in line with the risk profile set out in the Group Risk Appetite Framework. In this regard, BBVA's capital management is also part of the most relevant forward-looking strategic decisions in the Group's management and monitoring, which include the Annual Budget and the Liquidity and Funding Plan, with which it is coordinated — all with the aim of achieving the Group's overall strategy. Capital must be allocated optimally in order to meet the need to preserve the solvency of BBVA and the Group at all times. Together with the Group's solvency risk profile included in the RAF, this optimal allocation serves as a guide for the Group's capital management and seeks a capital position that makes it possible to: – Anticipate ordinary and extraordinary consumption that may occur, even under stress; – Promote the development of the Group's business and align it with capital and profitability objectives by allocating resources appropriately and efficiently; – Cover all risks—including potential risks—to which it is exposed; – Comply with regulatory and internal management requirements at all times; and – Remunerate BBVA shareholders in accordance with the Shareholder Remuneration Policy in force at any given time. The areas involved in capital management in the Group shall follow and respect the following principles in their respective areas of responsibility: – Ensuring that capital management is integrated and consistent with the Group's Strategic Plan, RAF, Annual Budget and other strategic-prospective processes, to help achieve the Group's long-term sustainability. – Taking into account both the applicable regulatory and supervisory requirements and the risks to which the Group is—or may be—exposed when conducting its business (economic vision), when establishing a target capital level, all while adopting a forward-looking vision that takes adverse scenarios into consideration. – Carrying out efficient capital allocation that promotes good business development, ensuring that expectations for the evolution of activity meet the strategic objectives of the Group and anticipating the ordinary and extraordinary consumption that may occur. – Ensuring compliance with the solvency levels, including the minimum requirement for own funds and eligible liabilities (MREL), required at any given time. – Compensating BBVA shareholders in an adequate and sustainable manner. – Optimizing the cost of all instruments used for the purpose of meeting the target capital level at any given time To achieve the aforementioned principles, capital management will be based on the following essential elements: – An adequate governance and management scheme, both at the corporate body level and at the executive level. – Planning, managing and monitoring capital properly, using the measurement systems, tools, structures, resources and quality data necessary to do so. – A set of metrics, which is duly updated, to facilitate the tracking of the capital situation and to identify any relevant deviations from the target capital level. – A transparent, correct, consistent and timely communication and dissemination of capital information outside the Group. – An internal regulatory body, which is duly updated, including the regulations and procedures that, support adequate capital management.

Note 33

Note 33	12 Months Ended
	Dec. 31, 2021
Commitments and guarantees given [Abstract]
Disclosure of Commitments and guarantees given [Text Block]	Commitments and guarantees given The breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows: Commitments and guarantees given (Millions of Euros) Notes 2021 2020 2019 Loan commitments given 7.2.2 119,618 132,584 130,923 Of which: impaired 171 265 270 Central banks — — — General governments 3,483 2,919 3,117 Credit institutions 16,085 11,426 11,742 Other financial corporations 4,583 5,862 4,578 Non-financial corporations 59,475 71,011 65,475 Households 35,991 41,366 46,011 Financial guarantees given 7.2.2 11,720 10,665 10,984 Of which: impaired (*) 245 290 224 Central banks — 1 — General governments 162 132 125 Credit institutions 312 339 995 Other financial corporations 1,026 587 583 Non-financial corporations 10,039 9,376 8,986 Households 181 231 295 Other commitments given 7.2.2 34,604 36,190 39,209 Of which: impaired (*) 541 477 506 Central banks 2 124 1 General governments 212 199 521 Credit institutions 4,266 5,285 5,952 Other financial corporations 1,753 2,902 2,902 Non-financial corporations 28,224 27,496 29,682 Households 147 182 151 Total 7.2.2 165,941 179,440 181,116 (*) In December 2020, it includes the balance of the Group's businesses in the United States included in the USA Sale (see Notes 1.3, 3 and 21). Non-performing financial guarantees given amounted to €786, €767 and €731 million, respectively, as of December 31, 2021, 2020 and 2019. As of December 31, 2021, the provisions for loan commitments, financial guarantees and other commitments, recorded in the consolidated balance sheet amounted to €272 million, €164 million and €256 million, respectively (see Note 24). Since a significant portion of the amounts above will expire without any payment being made by the consolidated entities, the aggregate balance of these commitments cannot be considered to be the actual future requirement for financing or liquidity to be provided by the BBVA Group to third parties.

Note 34

Note 34	12 Months Ended
	Dec. 31, 2021
Other Contingent Assets And Liabilities [Abstract]
Disclosure of Other Contingent Assets And Liabilities [Text Block]	Other contingent assets and liabilitiesAs of December 31, 2021, 2020 and 2019 there were no material contingent assets or liabilities other than those disclosed in the accompanying Notes to the consolidated financial statements.

Note 35

Note 35	12 Months Ended
	Dec. 31, 2021
Purchase and sale commitments and future payment obligations [Abstract]
Disclosure of Purchase and sale commitments and future payment obligations [Text Block]	Purchase and sale commitments and future payment obligations The purchase and sale commitments of the BBVA Group are disclosed in Notes 10, 14 and 22. Future payment obligations mainly correspond to leases payable derived from operating lease contracts, as detailed in Note 22.5, and estimated employee benefit payments, as detailed in Note 25.1.3.

Note 36

Note 36	12 Months Ended
	Dec. 31, 2021
Transactions on behalf of third parties [Abstract]
Transactions on behalf of third parties [Text Block]	Transactions on behalf of third parties The details of the relevant transactions on behalf of third parties are as follows: Transactions on behalf of third parties. Breakdown by concepts (Millions of Euros) 2021 2020 2019 Financial instruments entrusted to BBVA by third parties 356,985 357,022 693,497 Conditional bills and other securities received for collection 10,795 10,459 13,133 Securities lending 2,605 5,285 7,129 Total 370,385 372,766 713,759

Note 37

Note 37	12 Months Ended
	Dec. 31, 2021
Net Interest Income [Abstract]
Disclosure of Net interest income [Text Block]	Net interest incomeInterest and other income The breakdown of the interest and other income recognized in the accompanying consolidated income statement is as follows: Interest and other income. Breakdown by origin (Millions of Euros) 2021 2020 2019 Financial assets held for trading 1,084 1,189 2,037 Financial assets designated at fair value through profit or loss 11 8 5 Financial assets at fair value through other comprehensive income 1,880 1,392 1,629 Financial assets at amortized cost 18,364 18,357 22,741 Insurance activity 1,084 1,021 1,079 Adjustments of income as a result of hedging transactions (84) (112) (72) Other income (*) 675 534 343 Total 23,015 22,389 27,762 (*) Includes accrued interest following TLTRO III transactions (see Note 22.1) The amounts recognized in consolidated equity in connection with hedging derivatives for the years ended December 31, 2021, 2020 and 2019 and the amounts derecognized from the consolidated equity and taken to the consolidated income statements during those years are included in the accompanying “Consolidated statements of recognized income and expense”. Interest expense. Breakdown by origin (Millions of Euros) 2021 2020 2019 Financial liabilities held for trading 1,339 742 1,229 Financial liabilities designated at fair value through profit or loss 52 61 6 Financial liabilities at amortized cost 6,130 6,346 9,953 Adjustments of expense as a result of hedging transactions (360) (413) (250) Insurance activity 773 721 753 Cost attributable to pension funds 52 57 85 Other expense 342 284 196 Total 8,329 7,797 11,972

Note 38

Note 38	12 Months Ended
	Dec. 31, 2021
Dividend income [Abstract]
Disclosure of dividend income [Text Block]	Dividend income The balances for this heading in the accompanying consolidated income statements correspond to dividends on shares and equity instruments other than those from shares in entities accounted for using the equity method (see Note 39), as can be seen in the breakdown below: Dividend income (Millions of Euros) 2021 2020 2019 Non-trading financial assets mandatorily at fair value through profit or loss 64 15 26 Financial assets at fair value through other comprehensive income 112 122 126 Total 176 137 153

Note 39

Note 39	12 Months Ended
	Dec. 31, 2021
Share of profit or loss of entities accounted for using the equity method [Abstract]
Disclosure of share of profit or loss of entities accounted for using the equity method [Text Block]	Share of profit or loss of entities accounted for using the equity methodResults from “Share of profit or loss of entities accounted for using the equity method” resulted in a positive impact of €1 million as of December 31, 2021, compared with the negative impact of €39 million and the negative impact of €42 million recorded as of December 31, 2020 and 2019, respectively.

Note 40

Note 40	12 Months Ended
	Dec. 31, 2021
Fee and commission income and expenses [Abstract]
Disclosure of fee and commission income (expense) [text block]	Fee and commission income and expense The breakdown of the balance under these headings in the accompanying consolidated income statements is as follows: Fee and commission income. Breakdown by origin (Millions of Euros) 2021 2020 2019 Bills receivables 23 27 39 Demand accounts 425 322 301 Credit and debit cards and OPS 2,628 2,089 2,862 Checks 136 136 198 Transfers and other payment orders 664 555 623 Insurance product commissions 215 159 158 Loan commitments given 234 185 187 Other commitments and financial guarantees given 364 349 377 Asset management 1,250 1,100 1,026 Securities fees 267 367 294 Custody securities 169 135 123 Other fees and commissions 622 556 599 Total 6,997 5,980 6,786 The breakdown of fee and commission expense under these heading in the accompanying consolidated income statements is as follows: Fee and commission expense. Breakdown by origin (Millions of Euros) 2021 2020 2019 Demand accounts 5 5 6 Credit and debit cards 1,427 1,130 1,566 Transfers and other payment orders 120 97 81 Commissions for selling insurance 51 54 54 Custody securities 55 52 30 Other fees and commissions 574 519 548 Total 2,232 1,857 2,284

Note 41

Note 41	12 Months Ended
	Dec. 31, 2021
Gains Or Losses On Financial Assets And Liabilities And Exchanges Differences [Abstract]
Disclosure of Gains Or Losses On Financial Assets And Liabilities And Exchanges Differences [Text Block]	Gains (losses) on financial assets and liabilities, hedge accounting and exchange differences, net The breakdown of the balance under this heading, by source of the related items, in the accompanying consolidated income statement is as follows: Gains (losses) on financial assets and liabilities, hedge accounting and exchange differences, net. Breakdown by heading (Millions of Euros) 2021 2020 2019 Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 134 139 186 Financial assets at amortized cost 27 106 44 Other financial assets and liabilities 106 33 141 Gains (losses) on financial assets and liabilities held for trading, net 341 777 419 Reclassification of financial assets from fair value through other comprehensive income — — — Reclassification of financial assets from amortized cost — — — Other gains (losses) 341 777 419 Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net 432 208 143 Reclassification of financial assets from fair value through other comprehensive income — — — Reclassification of financial assets from amortized cost — — — Other gains (losses) 432 208 143 Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net 335 56 (98) Gains (losses) from hedge accounting, net (214) 7 55 Subtotal gains (losses) on financial assets and liabilities 1,027 1,187 705 Exchange differences, net 883 359 581 Total 1,910 1,546 1,286 The breakdown of the balance (excluding exchange rate differences) under this heading in the accompanying income statements by the nature of financial instruments is as follows: Gains (losses) on financial assets and liabilities. Breakdown by nature of the financial instrument (Millions of Euros) 2021 2020 2019 Debt instruments 158 848 945 Equity instruments 2,059 (28) 1,336 Trading derivatives and hedge accounting (1,866) 277 (1,133) Loans and advances to customers 100 128 78 Customer deposits 55 (79) (26) Other 522 42 (497) Total 1,027 1,187 705 The breakdown of the balance of the impact of the derivatives (trading and hedging) under this heading in the accompanying consolidated income statements is as follows: Derivatives - Hedge accounting (Millions of Euros) 2021 2020 2019 Derivatives Interest rate agreements 73 269 (85) Securities agreements (1,500) (36) (1,072) Commodity agreements 3 1 5 Credit derivative agreements (255) (89) 74 Foreign-exchange agreements 40 88 (75) Other agreements (12) 37 (35) Subtotal (1,651) 270 (1,187) Hedging derivatives ineffectiveness — Fair value hedges (235) 5 55 Hedging derivative 90 (151) (36) Hedged item (325) 156 91 Cash flow hedges 21 2 — Subtotal (214) 7 55 Total (1,866) 277 (1,133)

Note 42

Note 42	12 Months Ended
	Dec. 31, 2021
Other Operating Income Expense [Abstract]
Disclosure of other operating income (expense) [text block]	Other operating income and expense The breakdown of the balance under the heading “Other operating income” in the accompanying consolidated income statements is as follows: Other operating income (Millions of Euros) 2021 2020 2019 Gains from sales of non-financial services 301 244 258 Hyperinflation adjustment (*) 177 94 146 Other operating income 183 154 235 Total 661 492 639 (*) See Note 2.2.19. The breakdown of the balance under the heading “Other operating expense” in the accompanying consolidated income statements is as follows: Other operating expense (Millions of Euros) 2021 2020 2019 Change in inventories 151 124 107 Contributions to guaranteed banks deposits funds 829 800 746 Hyperinflation adjustment (*) 585 348 538 Other operating expense 475 390 551 Total 2,041 1,662 1,943 (*) See Note 2.2.19.

Note 43

Note 43	12 Months Ended
	Dec. 31, 2021
Income And Expenses From Insurance And Reinsurance Contracts [Abstract]
Disclosure of Income and Expenses From Insurance and Reinsurance Contracts [Text Block]	Income and expense from insurance and reinsurance contracts The detail of the headings “Income and expense from insurance and reinsurance contracts” in the accompanying consolidated income statements is as follows: Income and expense from insurance and reinsurance contracts (Millions of Euros) 2021 2020 2019 Income from insurance and reinsurance contracts 2,593 2,497 2,890 Expense from insurance and reinsurance contracts (1,685) (1,520) (1,751) Total 908 977 1,138 The table below shows the contribution of each insurance product to the Group´s income for the years ended December 31, 2021, 2020 and 2019: Income by type of insurance product (Millions of Euros) 2021 2020 2019 Life insurance 622 497 631 Individual 583 439 477 Group insurance 39 59 154 Non-Life insurance 286 480 508 Home insurance — 91 90 Other non-life insurance products 286 389 418 Total 908 977 1,138

Note 44

Note 44	12 Months Ended
	Dec. 31, 2021
Administration Costs [Abstract]
Disclosure of Administration Costs [Text Block]	Administration costsPersonnel expense The breakdown of the balance under this heading in the accompanying consolidated income statements is as follows: Personnel expense (Millions of Euros) Notes 2021 2020 2019 Wages and salaries 3,933 3,610 4,103 Social security costs 668 671 725 Defined contribution plan expense 25 71 72 95 Defined benefit plan expense 25 49 49 49 Other personnel expense 325 293 379 Total 5,046 4,695 5,351 The amounts recognized under the heading “Administration costs - Personnel expense - Other personnel expense” in the consolidated income statements for the year ended December 31, 2021, 2020 and 2019, corresponding to the remuneration plans based on equity instruments in each year, amounted to €33 million, €16 million and €31 million, respectively. These amounts have been recognized with a corresponding entry under the heading “Shareholders’ funds - Other equity instruments” in the accompanying consolidated balance sheets, net of tax effect. The characteristics of the Group's remuneration plans based on equity instruments are described below. Variable remuneration in shares BBVA has a specific remuneration scheme applicable to those employees whose professional activities have a material impact on the risk profile of BBVA and/or its Group (hereinafter “Identified Staff”) involving the delivery of BBVA shares, designed within the framework of applicable regulations to credit institutions and considering best practices and recommendations at the local and international levels in this matter. In 2021, this remuneration scheme is reflected in the following remuneration policies: – BBVA Group General Remuneration Policy , approved by the Board of Directors on June 30, 2021, that applies to employees and senior managers at BBVA (excluding BBVA executive directors) and at Group companies with respect to which BBVA exercises control over management. This policy includes the specific rules applicable to the members of the Identified Staff, including Senior Management. – BBVA Directors’ Remuneration Policy , approved by the General Shareholders’ Meeting of BBVA held on April 20, 2021, that it’s applicable to the members of the Board of Directors of BBVA. The remuneration system for executive directors corresponds, generally, with the applicable system to the Identified Staff, incorporating some particularities of their own, derived from their condition of directors. The variable remuneration for the Identified Staff members is subject to the following rules established in their corresponding remuneration policies, specifically: – Annual Variable Remuneration for Identified Staff members for each financial year will be subject to ex ante adjustments, so that it shall be reduced at the time of their appraisal in the event of a downturn in the Group’s results or other parameters such as the level of achievement of budgeted targets, and it will not accrue or it will accrue in a reduced amount, should a certain level of profits and capital ratio not be achieved in accordance with the provisions of applicable regulations at any given time. – 60% of the Annual Variable Remuneration will be vested and paid, if conditions are met, as a general rule, in the first four months of the financial year following that to which the Annual Variable Remuneration corresponds (the “Upfront Portion”). For executive directors, members of the Senior Management and Identified Staff members with particularly high variable remuneration, the Upfront Portion will be 40% of the Annual Variable Remuneration. The remaining portion will be deferred in time (hereinafter, the “Deferred Portion”) for a 5 year-period for executive directors and members of the Senior Management, and 4 years for the remaining members of the Identified Staff. – 50% of the Annual Variable Remuneration, including both the Upfront Portion and the Deferred Portion, shall be established in BBVA shares or in instruments linked to BBVA shares. As regards executive directors and Senior Management, 60% of the Deferred Portion shall be established in shares. – The shares or instruments awarded as Annual Variable Remuneration, both from the Upfront Portion and the Deferred Portion, shall be withheld for a one-year period after delivery. This will not apply to those shares or instruments the sale of which would be required to honor the payment of taxes accruing on delivery. – The Deferred Portion of the Annual Variable Remuneration may be reduced, but never increased, depending on the results of multi-year performance indicators which are aligned with the Group’s core risk management and control metrics related to the solvency, liquidity, profitability or value creation. – The cash amounts of the Deferred Portion of Annual Variable Remuneration finally vested, shall be updated by applying the Consumer Price Index (CPI), measured as year-on-year change in prices, or any other criteria established for such purposes by the Board of Directors. – The entire Annual Variable Remuneration corresponding to each financial year shall be subject to arrangements for the reduction of variable remuneration ("malus") and arrangements for the recovery of variable remuneration already paid ("clawback") during the whole deferral and withholding period, which will be applicable in the event of the occurrence of any of the circumstances expressly named in the remuneration policies. – No personal hedging strategies or insurances shall be used in connection with variable remuneration or liability that may undermine the effects of alignment with prudent risk management. – The variable component of the remuneration for a financial year (understood as the sum of all variable components of the remuneration) shall be limited to a maximum amount of 100% of the fixed component of the total remuneration (understood as the sum of all fixed components of the remuneration), unless the General Shareholders' Meeting of BBVA resolves to increase this percentage up to a maximum of 200%. In this regard, the General Shareholders’ Meeting of BBVA held on April 20, 2021 resolved to increase this limit to a maximum level of 200% of the fixed component of the total remuneration for a given number of the Identified Staff members, in the terms indicated in the report issued for this purpose by the Board of Directors dated March 15, 2021. – Any type of remuneration, other than Annual Variable Remuneration, considered to be variable remuneration shall be subject to the rules regarding award, vesting and payment applicable in accordance with the type and nature of the remuneration component itself. During 2021, in accordance with the applicable remuneration policies, a total amount of 2,945,689 BBVA shares corresponding to the Upfront Portion of 2020 Annual Variable Remuneration, mostly, and other variable components of remuneration, has been delivered to the Identified Staff. Additionally, according to the Remuneration Policy applicable in 2017, during 2021 a total amount of 2,965,487 BBVA shares corresponding to the first payment of the Deferred Portion of 2017 Annual Variable Remuneration of executive directors and Senior Management and to the full Deferred Portion of the 2017 Annual Variable Remuneration of the rest of the Identified Staff, has been delivered. Detailed information on the delivery of shares to executive directors and Senior Management of BBVA who held this position as of December 31, 2021, is included in Note 54. Lastly, in line with specific regulation applicable in Portugal and Brazil, BBVA IFIC and BBVA Brazil Banco de Investimento have identified (on an individual basis, respectively) the staff in these countries whose annual variable remuneration should be subject to a specific settlement and payment scheme established in their corresponding remuneration policies, more specifically: – A percentage of the annual variable remuneration is subject to a three years deferral that shall be paid yearly over the mentioned period. – 50% of the annual variable remuneration, both the upfront portion and deferred portion, shall be established in BBVA shares. – In BBVA IFIC, resulting cash portions of the deferred portion of annual variable remuneration and subject to multi-year performance indicators, finally delivered, shall be updated following the Consumer Price Index (CPI) measured as year-on-year price variation. – In BBVA Brasil Banco de Investimento, both the cash amounts and share amounts of the deferred portion may be subject to update adjustments in cash. According to this remuneration scheme, during financial year 2021 a total of 15,802 BBVA shares corresponding to the upfront portion of 2020 annual variable remuneration have been delivered to these staff in Portugal and Brazil. Additionally, during 2021 there have been delivered to these staff in Portugal and Brazil a total of 4,422 BBVA shares corresponding to the first third of the deferred portion of 2019 annual variable remuneration, as well as 332 euros as adjustments for updates (for shares delivered in Brazil). A total of 5,083 BBVA shares corresponding to the second third of the deferred portion of 2018 annual variable remuneration and 1,097 euros as adjustments for updates (for shares delivered in Brazil); and a total of 9,558 BBVA shares corresponding to the last third of the deferred portion of 2017 annual variable remuneration and 1,118 euros as adjustments for updates (for shares delivered in Brazil). The breakdown of the balance under this heading in the accompanying consolidated income statements is as follows: Other administrative expense. Breakdown by main concepts (Millions of Euros) 2021 2020 2019 Technology and systems 1,176 1,088 1,060 Communications 175 172 181 Advertising 207 186 250 Property, fixtures and materials 380 404 477 Taxes other than income tax 347 344 378 Surveillance and cash courier services 179 161 188 Other expense 786 749 885 Total 3,249 3,105 3,418

Note 45

Note 45	12 Months Ended
	Dec. 31, 2021
Depreciation And Amortisation Exasfpense [Abstract]
Disclosure of depreciation and amortisation expense [text block]	Depreciation and amortization The breakdown of the balance under this heading in the accompanying consolidated income statements for the years ended December 31, 2021, 2020 and 2019 is as follows: Depreciation and amortization (Millions of Euros) Notes 2021 2020 2019 Tangible assets 17 740 781 876 For own use 437 453 523 Right-of-use assets 299 324 349 Investment properties and other 3 3 3 Intangible assets 18.2 494 507 510 Total 1,234 1,288 1,386

Note 46

Note 46	12 Months Ended
	Dec. 31, 2021
Provisions or reversal of provisions [Abstract]
Disclosure of Provisions or reversal of provisions [Text Block]	Provisions or reversal of provisions For the years ended December 31, 2021, 2020 and 2019, the net provisions recognized in this income statement line item were as follows: Provisions or reversal of provisions (Millions of Euros) Notes 2021 2020 2019 Pensions and other post-employment defined benefit obligations 25 61 210 213 Commitments and guarantees given 8 192 96 Pending legal issues and tax litigation 135 208 171 Other provisions (*) 814 136 133 Total 1,018 746 614 (*) In 2021, it includes a provision for the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Note 24).

Note 47

Note 47	12 Months Ended
	Dec. 31, 2021
Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss [Abstract]
Disclosure of Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss [Text Block]	Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modificationThe breakdown of impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification by the nature of those assets in the accompanying consolidated income statements is as follows: Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification (Millions of Euros) Notes 2021 2020 2019 Financial assets at fair value through other comprehensive income - Debt securities 17 19 82 Financial assets at amortized cost (*) 3,017 5,160 3,470 Of which: Recovery of written-off assets by cash collection 7.2.5 (423) (339) (919) Total 3,034 5,179 3,552 (*) In 2020, the amount included the negative impact of the update of the macroeconomic scenario following the COVID-19 pandemic (see Notes 1.5, 7.1 and 7.2)

Note 48

Note 48	12 Months Ended
	Dec. 31, 2021
Impairment or reversal of impairment of investments in joint ventures and associates [Abstract]
Disclosure of Impairment or reversal of impairment of investments in joint ventures and associates [Text Block]	Impairment or reversal of impairment of investments in joint ventures and associatesThe heading “Impairment or reversal of the impairment of investments in joint ventures or associates" did not include any impairment or reversal of impairment in the year ended 2021, and resulted in a loss of €190 million and €46 million for the years ended December 31, 2020 and 2019, respectively (see Note 16.3).

Note 49

Note 49	12 Months Ended
	Dec. 31, 2021
Impairment or reversal of impairment on non financial assets [Abstract]
Disclosure of Impairment or reversal of impairment on non financial assets [Text Block]	Impairment or reversal of impairment on non-financial assets The impairment losses on non-financial assets broken down by the nature of those assets in the accompanying consolidated income statements are as follows: Impairment or reversal of impairment on non-financial assets (Millions of Euros) Notes 2021 2020 2019 Tangible assets (*) 17 161 125 94 Intangible assets 19 19 12 Others 41 9 23 Total 221 153 128 (*) In 2021, it includes the impairment due to the closing of rented offices after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 17 and 24).

Note 50

Note 50	12 Months Ended
	Dec. 31, 2021
Profit Or Loss From Non Current Assets And Disposal Groups Classified As Held For Sale Not Qualifying As Discontinued Operations [Abstract]
Disclosure of Profit Or Loss From Non Current Assets And Disposal Groups Classified As Held For Sale Not Qualifying As Discontinued Operations [Text Block]	Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations The main items included in the balance under this heading in the accompanying consolidated income statements are as follows: Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations (Millions of Euros) Notes 2021 2020 2019 Gains on sale of real estate 39 116 86 Impairment of non-current assets held for sale (*) 21 (97) (103) (72) Gains (losses) on sale of investments classified as non-current assets held for sale (**) 10 431 10 Gains on sale of equity instruments classified as non-current assets held for sale 8 — — Total (40) 444 23 (*) In 2021, it includes the impairment due to the closing of owned offices and the decommissioning of facilities after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 21 and 24). (**) The variation in year 2020 is mainly due to the transfer of half plus one share in BBVA Allianz Seguros y Reaseguros, S.A. (see Note 3).

Note 51

Note 51	12 Months Ended
	Dec. 31, 2021
Consolidated statements of cash flows [Abstract]
Disclosure of consolidated statements of cash flows [Text Block]	Consolidated statements of cash flows The variation between 2021, 2020 and 2019 of the financial liabilities from financing activities is the following: Liabilities from financing activities. December 2021 (Millions of Euros) December 31, 2020 Cash flows Non-cash changes December 31, 2021 Acquisition Disposal Disposals by companies held for sale Foreign exchange movement Fair value changes Liabilities at amortized cost: Debt certificates 61,780 (5,728) — — — (289) — 55,763 Of which: Issuances of subordinated liabilities (*) 17,248 (1,941) — (772) — 259 — 14,794 (*) Additionally, there is €14 million of subordinated deposits as of December 31, 2021 (see Note 22.4 and Appendix VI). The subordinated issuances of BBVA Paraguay and of the USA Sale perimeter as of December 31, 2020 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" of the consolidated balance and amounted to €37 and €735 million, respectively. In addition, in 2021 there were coupon payments of subordinated liabilities for 359 million euros. Liabilities from financing activities. December 2020 (Millions of Euros) December 31, 2019 Cash flows Non-cash changes December 31, 2020 Acquisition Disposal Disposals by companies held for sale (**) Foreign exchange movement Fair value changes Liabilities at amortized cost: Debt certificates 63,963 3,003 — — (3,160) (2,026) — 61,780 Of which: Issuances of subordinated liabilities (*) 17,675 (8) — — — (419) — 17,248 (*) Additionally, there were €12 million of subordinated deposits as of December 31, 2020 (see Note 22.4 and Appendix VI). The subordinated issuances of BBVA Paraguay and of the USA Sale perimeter as of December 31, 2020 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" of the consolidated balance and amounted to €37 and €735 million, respectively. In addition, in 2020 there were coupon payments of subordinated liabilities for 387 million euros. (**) Includes mainly the balance of the USA Sale perimeter (see Notes 1.3, 3 and 21). Liabilities from financing activities. December 2019 (Millions of Euros) December 31, 2018 Cash flows Non-cash changes December 31, 2019 Acquisition Disposal Foreign exchange movement Fair value changes Liabilities at amortized cost: Debt certificates 61,112 2,643 — — 209 — 63,963 Of which: Issuances of subordinated liabilities (*) 17,635 (190) — — 229 — 17,675 (*)Additionally, there were subordinated deposits for €384 million as of December 31, 2019 (see Note 22.4 and Appendix VI). Subordinated issuances corresponding to BBVA Paraguay as of December 31, 2019 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" and amounted to €40 million.

Note 52

Note 52	12 Months Ended
	Dec. 31, 2021
Auditor's remuneration [abstract]
Disclosure of accountant fees and services [Text Block]	Accountant fees and servicesThe details of the fees for the services contracted by entities of the BBVA Group for the years ended December 31, 2021, 2020 and 2019 with their respective auditors and other audit entities are as follows: Fees for Audits conducted and other related services (*) (Millions of euros) 2021 2020 2019 Audits of the companies audited by firms belonging to the KPMG worldwide organization and other reports related with the audit (**) 24.4 27.7 28.1 Other reports required pursuant to applicable legislation and tax regulations issued by the national supervisory bodies of the countries in which the Group operates, reviewed by firms belonging to the KPMG worldwide organization 1.5 1.3 1.5 Fees for audits conducted by other firms 0.2 0.2 — (*) Regardless of the billed year. (**) Including fees pertaining to annual legal audits (€21.0, €23.6 and €24.1 million as of December 31, 2021, 2020 and 2019, respectively). In the years ended December 31, 2021, 2020 and 2019, certain entities in the BBVA Group contracted other services (other than audits) as follows: Other Services rendered (Millions of Euros) 2021 2020 2019 Firms belonging to the KPMG worldwide organization 0.2 0.4 0.3 This total of contracted services includes the detail of the services provided by KPMG Auditores, S.L. to BBVA, S.A. or its controlled companies at the date of preparation of these consolidated financial statements as follows: Fees for audits conducted (*) (Millions of Euros) 2021 2020 2019 Legal audit of BBVA,S.A. or its companies under control 7.2 6.5 6.5 Other audit services of BBVA, S.A. or its companies under control 5.2 5.4 5.5 Limited Review of BBVA, S.A. or its companies under control 0.9 0.9 0.9 Reports related to issuances 0.1 0.3 0.3 Assurance services and other required by the regulator 0.8 0.9 0.8 (*) Services provided by KPMG Auditores, S.L. to companies located in Spain, to the branch of BBVA in New York and to the branch of BBVA in London. The services provided by the auditors meet the independence requirements of the external auditor established under Audit of Accounts Law (Law 22/2015) and under the Sarbanes-Oxley Act of 2002 adopted by the Securities and Exchange Commission (SEC).

Note 53

Note 53	12 Months Ended
	Dec. 31, 2021
Related party transactions [abstract]
Disclosure of transactions between related parties [text block]	Related-party transactionsAs financial institutions, BBVA and other entities in the Group engage in transactions with related parties in the normal course of their business. These transactions are not significant and are carried out under normal market conditions. As of December 31, 2021, 2020 and 2019, the following are the transactions with related parties:Transactions with significant shareholdersAs of December 31, 2021, 2020 and 2019, there were no shareholders considered significant (see Note 26).Transactions with BBVA Group entities The balances of the main captions in the accompanying consolidated balance sheets arising from the transactions carried out by the BBVA Group with associates and joint venture entities accounted for using the equity method are as follows: Balances arising from transactions with entities of the Group (Millions of Euros) 2021 2020 2019 Assets Loans and advances to credit institutions 9 148 26 Loans and advances to customers 2,031 1,743 1,682 Liabilities Deposits from credit institutions 1 — 3 Customer deposits 296 791 453 Memorandum accounts Financial guarantees given 154 132 166 Other contingent commitments given 1,056 1,400 1,042 Loan commitments given 11 11 106 The balances of the main captions in the accompanying consolidated income statements resulting from transactions with associates and joint venture entities that are accounted for under the equity method are as follows: Balances of consolidated income statement arising from transactions with entities of the Group (Millions of Euros) 2021 2020 2019 Income statement Interest and other income 16 20 19 Interest expense — 1 1 Fee and commission income 8 5 4 Fee and commission expense 31 34 53 There were no other material effects in the consolidated financial statements arising from dealings with these entities, other than the effects from using the equity method (see Note 2.1) and from the insurance policies to cover pension or similar commitments (see Note 25) and the derivatives transactions arranged by BBVA Group with these entities, associates and joint ventures. In addition, as part of its normal activity, the BBVA Group has entered into agreements and commitments of various types with shareholders of subsidiaries and associates, which have no material effects on the accompanying consolidated financial statements. Transactions with members of the Board of Directors and Senior Management Pursuant to the provisions of the Corporate Enterprises Act, the power to approve transactions that the Company or its subsidiaries conclude with members of the Board of Directors or Senior Management of the Bank or their related parties rests on the General Shareholders’ Meeting if the amount or value of the transaction is equal to or exceeds 10% of total asset items according to the last approved annual balance sheet and, on the Board of Directors, in relation to the rest of related party transactions entered into, which may not be delegated, except for transactions that comply with the requirements of the Corporate Enterprises Act. The Regulations of the Board of Directors establish that the Board of Directors will be responsible for approving, where appropriate, transactions between the Company or companies within its Group and directors or their related parties. In addition, in accordance with specific sectoral regulations, with regard to transactions with related parties, are governed by Royal Decree 84/2015 of 13 February, implementing Act 10/2014 of 26 June, on the regulation, supervision and solvency of credit institutions, and Bank of Spain Circular 2/2016 of 2 February, on the supervision and solvency of credit institutions, the Bank has specific internal regulations in this regard, which specifically govern the process of granting and approving credit risk transactions for members of BBVA Board of Directors and Senior Management, the approval of which lies with the Bank Board of Directors, and for their related parties. The transactions entered into between BBVA or its Group companies with members of the Board of Directors and Senior Management of the Bank or their related parties were within the scope of the ordinary course of business of the Bank and were immaterial, defined as transactions the disclosure of which is not necessary to present a true and fair view of the Bank's equity, financial position and results, and were concluded on normal markets terms or on terms applicable to the rest of employees. The amount and nature of the main transactions carried out with members of the Board of Directors and Senior Management of the Bank, or their respective related parties, are shown below. Balance at 31 st December of each year (EUR thousand) 2021 2020 2019 Directors Related parties of Directors Senior Management* Related parties of Senior Management Directors Related parties of Directors Senior Management* Related parties of Senior Management Directors Related parties of Directors Senior Management* Related parties of Senior Management Loans and credits 765 207 5,419 573 — — 5,349 580 607 — 4,414 57 Bank guarantees — — 10 — — — 10 25 — — 10 25 Business credit — — — — — — — — — — — — *Excluding executive directors Information on remuneration paid and other benefits granted to members of the Board of Directors and Senior Management of BBVA is provided in Note 54.

Note 54

Note 54	12 Months Ended
	Dec. 31, 2021
Remuneration And Other Benefits Received By The Board Of Directors And Members Of The Banks Senior Management [Abstract]
Disclosure of information about key management personnel [text block]	Remuneration and other benefits for the Board of Directors and members of the Bank's Senior ManagementRemuneration received by non-executive directors in 2021 The remuneration paid to non-executive members of the Board of Directors during the 2021 financial year is indicated below, individualized and itemized: Remuneration for non-executive directors (thousands of Euros) Board of Directors Executive Committee Audit Committee Risk and Compliance Committee Remuneration Committee Appointments and Corporate Governance Committee Technology and Cybersecurity Committee Other positions (1) Total José Miguel Andrés Torrecillas 129 167 66 115 50 527 Jaime Caruana Lacorte 129 167 165 107 567 Raúl Galamba de Oliveira 129 107 43 278 Belén Garijo López 129 66 107 46 349 Sunir Kumar Kapoor 129 43 172 Lourdes Máiz Carro 129 66 43 238 José Maldonado Ramos 129 167 46 342 Ana Peralta Moreno 129 66 43 238 Juan Pi Llorens 129 214 46 43 80 512 Ana Revenga Shanklin 129 107 236 Susana Rodríguez Vidarte 129 167 107 46 449 Carlos Salazar Lomelín 129 43 172 Jan Verplancke 129 43 43 214 Total (2) 1,673 667 431 642 278 301 171 130 4,293 (1) Amounts received during the 2021 financial year by José Miguel Andrés Torrecillas, in his capacity as Deputy Chair of the Board of Directors, and by Juan Pi Llorens, in his capacity as Lead Director. (2) Includes amounts corresponding to membership on the Board and its various committees during the 2021 financial year. Also, during the 2021 financial year, €102 thousand was paid out in casualty and healthcare insurance premiums for non-executive directors. Remuneration received by executive directors in 2021 During the 2021 financial year, the executive directors received the amount of Annual Fixed Remuneration corresponding to that financial year, established for each director in the BBVA Directors' Remuneration Policy, which was approved by the General Meeting held on 20 April 2021 . In view of the exceptional circumstances arising from the COVID-19 crisis, the executive directors voluntarily waived the generation of all Annual Variable Remuneration (AVR) corresponding to the 2020 financial year, and as such, they did not accrue any remuneration in this respect. 2021 Annual Fixed Remuneration (thousands of Euros) Chairman 2,924 Chief Executive Officer 2,179 Total 5,103 In addition, in accordance with the conditions established in the BBVA Directors' Remuneration Policy, during the 2021 financial year, the Chief Executive Officer received €654 thousand for the cash in lieu of pension item (equivalent to 30% of his Annual Fixed Remuneration)—given that he does not have a retirement pension (see the "Pension commitments" section of this Note), and €600 thousand for the mobility allowance item. 2020 Annual Variable Remuneration In cash (thousands of Euros) In shares Chairman 0 0 Chief Executive Officer 0 0 Total 0 0 In accordance with the remuneration policies applicable in 2017 and in application of the settlement and payment system for the Annual Variable Remuneration for said financial year, in 2021, the executive directors have received, the portion of the Deferred Annual Variable Remuneration for the 2017 financial year (60% of the total AVR) payable in 2021 (60% of the Deferred Portion in the case of the Chairman and the entire Deferred Portion in the case of the Chief Executive Officer), after it was determined that no downward adjustment had to be made, based on the result of the multi-year performance indicators approved for such remuneration. In the case of the Chairman, 40% of this remuneration was paid in cash and 60% in shares; and in the case of the Chief Executive Officer, this remuneration was paid in equal parts cash and shares, together, in both cases, with the corresponding update in cash, thus concluding the payment of the Chief Executive Officer's Annual Variable Remuneration for the 2017 financial year. Deferred Annual Variable Remuneration for previous financial years (1) In cash (thousands of Euros) In shares Chairman 411 83,692 Chief Executive Officer 307 39,796 Total 717 123,488 (1) Remuneration corresponding to the Deferred AVR for the 2017 financial year payable in 2021, together with its update in cash. The Deferred AVR of the Chairman and the Chief Executive Officer for the 2017 financial year is associated with their previous positions as Chief Executive Officer and President & CEO of BBVA USA, respectively. In addition, the executive directors received remuneration in kind during the 2021 financial year, including insurance premiums and others, amounting to an aggregate total of €486 thousand, of which €328 thousand corresponds to the Chairman and €158 thousand to the Chief Executive Officer. Remuneration received by Senior Management in 2021 During the 2021 financial year, the members of Senior Management, excluding executive directors, received the amount of the Annual Fixed Remuneration corresponding to that financial year. As in the case of the executive directors, the members of Senior Management did not accrue any Annual Variable Remuneration for the 2020 financial year, given that, in view of the exceptional circumstances arising from the COVID-19 crisis, they all voluntarily waived its accrual. The remuneration paid during the 2021 financial year to members of Senior Management as a whole, who held that position as at 31 December 2021 (16 members, excluding executive directors), is itemized by remuneration item below: 2021 Annual Fixed Remuneration (thousands of euros) Senior Management total 16,435 2020 Annual Variable Remuneration In cash (thousands of Euros) In shares Senior Management total 0 0 Even though the members of Senior Management have not accrued any amount corresponding to 2020 Annual Variable Remuneration as they waived it, two members of Senior Management have received in 2021 variable remunerations corresponding to retention bonuses derived from their former positions. Therefore, in accordance with the BBVA Group General Remuneration Policy, which is applicable to the members of Senior Management, retention bonuses are considered variable remuneration and comply with applicable rules regarding payment in shares, deferral, ex post adjustments and malus and clawback arrangements established in such Policy for the Annual Variable Remuneration. The variable remunerations received in this regard in 2021 by the members of Senior Management amount to a total aggregate amount of €862 thousand and 203,834 BBVA shares. In accordance with the remuneration policy for this group applicable in 2017 and in application of the settlement and payment system for the Annual Variable Remuneration for said financial year, in 2021, the members of Senior Management who were beneficiaries of such remuneration received the portion of the Deferred Annual Variable Remuneration for the 2017 financial year payable in 2021, after it was determined that no downward adjustment had to be made, based on the result of the multi-year performance indicators approved for such remuneration. In accordance with the remuneration policy applicable in 2017, current members of Senior Management who held such a position in the 2017 financial year were paid 40% of this remuneration in cash and 60% in shares, while, in the case of members who did not hold such a position in the 2017 financial year, this remuneration was paid in equal parts cash and shares. In both cases, the corresponding update in cash was included. This payment concluded the payment of the Annual Variable Remuneration for the 2017 financial year to the members of Senior Management who, while being members of the Identified Staff, were not members of Senior Management in that financial year. Annual Variable Remuneration corresponding to previous financial years (1) In cash (thousands of Euros) In shares Senior Management total 667 119,313 (1) Remuneration corresponding to the Deferred AVR for the 2017 financial year payable in 2021, in the case of members of Senior Management who were beneficiaries, together with its update in cash. In addition, all members of Senior Management, excluding executive directors, received remuneration in kind during the 2021 financial year, including insurance premiums and others, amounting to a total of €1,409 thousand. Remuneration of executive directors due in 2022 and subsequent financial years – Annual Variable Remuneration for executive directors for the 2021 financial year Following the end of the 2021 financial year, the amount corresponding to the Annual Variable Remuneration of executive directors for said financial year was determined, applying the calculation rules set out in the BBVA Directors' Remuneration Policy approved by the General Meeting held on 20 April 2021, in which it is also established that the remuneration will be subject to the following vesting and payment rules: • The Upfront Portion (40% of the 2021 Annual Variable Remuneration) will be paid, provided that the applicable conditions are met, during the first quarter of the 2022 financial year, in equal parts cash and shares, amounting to: €849 thousand and 159,235 BBVA shares in the case of the Chairman, and €645 thousand and 120,977 BBVA shares in the case of the Chief Executive Officer. • The remaining 60% of the 2021 Annual Variable Remuneration will be deferred (40% in cash and 60% in shares) for a period of five years (Deferred Portion) and paid, provided that the applicable conditions are met, proportionally at the end of each year for each of the five years of deferral, in an amount equal to 20% of the Deferred Portion each year: 20% in 2023, 20% in 2024, 20% in 2025, 20% in 2026 and 20% in 2027. The Deferred Portion may be reduced, but never increased, based on the result of the multi-year performance indicators determined by the Board of Directors, on the proposal of the Remuneration Committee and following analysis by the Risk and Compliance Committee, at the beginning of the 2021 financial year. Following the end of the financial year corresponding to the third year of deferral, the result of the multi-year performance indicators will determine the application of the ex post adjustments that, if appropriate, should be made to the outstanding amount of the Deferred Portion. All of this is subject to the vesting and payment rules provided for in the BBVA Directors' Remuneration Policy. • Moreover, the rest of the rules set forth in the BBVA Directors’ Remuneration Policy regarding the Annual Variable Remuneration of executive directors will be applicable to 2021 Annual Variable Remuneration, including: (i) a withholding period of one year after delivery of the BBVA shares received; (ii) the prohibition of using personal hedging strategies or insurance that may undermine the effects of alignment with prudent risk management; (iii) update criteria for the Deferred Portion in cash; (iv) malus and clawback arrangements during the whole deferral and withholding period; and (v) the limitation of variable remuneration up to a maximum amount of 200% of the fixed component of the total remuneration, as resolved by the General Meeting held on 2021. – Deferred Annual Variable Remuneration for executive directors for the 2018 financial year Following the end of the 2021 financial year, the Deferred Annual Variable Remuneration for the 2018 financial year of executive directors, due to be delivered in 2022, provided that the applicable conditions are met, to executive directors, in the percentages applicable in each case in accordance with the payment schedule established in the remuneration policies in effect in the 2018 financial year and applicable to each of them, was determined. Therefore, the final amount of the Deferred Annual Variable Remuneration for the 2018 financial year was determined, which has been adjusted downwards based on the result of the multi-year performance indicators set by the Board of Directors in 2018 for its calculation and in application of the corresponding scales of achievement and their corresponding targets and weightings. In addition, the amount of the 2018 Deferred Annual Variable Remuneration of executive directors payable in 2022 (60% of the Deferred Portion of the 2018 AVR in the case of the Chairman and the entire 2018 Deferred AVR in the case of the Chief Executive Officer) was determined in the amount of €364 thousand and 107,386 BBVA shares in the case of the Chairman, and €332 thousand and 61,282 BBVA shares in the case of the Chief Executive Officer. In both cases, this includes the corresponding updates in cash. – Deferred Annual Variable Remuneration for the Chairman for the 2017 financial year Following the close of the 2020 financial year, the Deferred Annual Variable Remuneration for the 2017 financial year of executive directors, due to be delivered in 2021, provided that the applicable conditions were met, to executive directors, in the percentages applicable in each case in accordance with the payment schedule established in the remuneration policies in effect in the 2017 financial year and applicable to each of them, was determined. Thus, based on the result of each of the multi-year performance indicators set by the Board of Directors in 2017 to calculate the Deferred Portion of this remuneration, and in application of the corresponding scales of achievement and their corresponding targets and weightings, the final amount of the Deferred Annual Variable Remuneration for the 2017 financial year for executive directors was determined and the amounts due to be paid in 2021 were paid (60% of his Deferred Annual Variable Remuneration for the 2017 financial year in the case of the Chairman, and the whole of it in the case of the Chief Executive Officer); all of which was reported in that financial year. In 2022, the second payment (20%) of the 2017 Deferred AVR, which was determined to amount to €146 thousand and 27,898 BBVA shares, is due to the Chairman, including the corresponding update. – Outstanding deferred Annual Variable Remuneration for executive directors As of the end of the 2021 financial year, in accordance with the conditions established in the remuneration policies applicable in previous years, in addition to the third payment (20%) of the 2017 Deferred AVR (due to be paid in 2023) and 40% of the 2018 Deferred AVR of the Chairman (due to be paid in 2023 and 2024), 60% of the 2019 and 2021 Annual Variable Remuneration for both executive directors remains deferred and will be received in future years, provided that the applicable conditions are met. Remunerations of Senior Management due in 2022 and subsequent financial years – Annual Variable Remuneration for Senior Management for the 2021 financial year Following the end of the 2021 financial year, the Annual Variable Remuneration of members of Senior Management corresponding to said financial year was determined (16 members as at 31 December 2021, excluding executive directors). For all members of Senior Management in aggregate, excluding executive directors, this Annual Variable Remuneration amounted to a total of €9,151 thousand, applying the rules established in the BBVA Group General Remuneration Policy, in which the following applicable vesting and payment rules are established: • The Upfront Portion (40% of the 2021 Annual Variable Remuneration) will be paid, provided that the applicable conditions are met, during the first four months of the 2022 financial year, in equal parts cash and shares, which represents a total aggregate amount of €1,830 thousand and 346,106 BBVA shares. • The remaining 60% of the 2021 Annual Variable Remuneration will be deferred (40% in cash and 60% in shares) for a period of five years (Deferred Portion) and paid, provided that the applicable conditions are met, proportionally at the end of each year for each of the 5 years of deferral, in an amount equal to 20% of the Deferred Portion each year: 20% in 2023, 20% in 2024, 20% in 2025, 20% in 2026 and 20% in 2027. The Deferred Portion may be reduced, but never increased, based on the result of the multi-year performance indicators determined by the Board of Directors, on the proposal of the Remuneration Committee and following analysis by the Risk and Compliance Committee, at the beginning of the 2021 financial year. Following the end of the financial year corresponding to the third year of deferral, the result of the multi-year performance indicators will determine the application of the ex post adjustments that, if appropriate, should be made to the outstanding amount of the Deferred Portion. All of this is subject to the vesting and payment rules provided for in the BBVA Group General Remuneration Policy. • Moreover, the rest of the rules set forth in the BBVA Group General Remuneration Policy regarding the Annual Variable Remuneration of members of Senior Management will be applicable to 2021 Annual Variable Remuneration, including: (i) a withholding period of one year after delivery of the BBVA shares received; (ii) the prohibition of using personal hedging strategies or insurance that may undermine the effects of alignment with prudent risk management; (iii) update criteria for the Deferred Portion in cash; (iv) malus and clawback arrangements during the whole deferral and withholding period; and (v) the limitation of variable remuneration up to a maximum amount of 200% of the fixed component of the total remuneration, as agreed by the General Meeting held on 2021. – Deferred Annual Variable Remuneration for Senior Management for the 2018 financial year Following the end of the 2021 financial year, the Deferred Annual Variable Remuneration for members of Senior Management (16 members as at 31 December 2021, excluding executive directors) for the 2018 financial year due to be delivered in 2022, provided that the applicable conditions are met, to members of Senior Management who were beneficiaries of said remuneration, in the percentages applicable in each case in accordance with the payment schedule established in the remuneration policies in effect in the 2018 financial year and applicable to each of them, was determined. Thus, the final amount of the Deferred Annual Variable Remuneration for the 2018 financial year, which has been adjusted downwards based on the result of the multi-year performance indicators set by the Board of Directors in 2018 for its calculation and in application of the corresponding scales of achievement and their corresponding objectives and weightings, was determined. Thus, the amount of the Deferred Portion of the Annual Variable Remuneration for the 2018 financial year due for delivery in 2022 to those members of Senior Management who were beneficiaries thereof, excluding executive directors, was determined to amount to an aggregate total amount of €691 thousand and 177,104 BBVA shares, including the corresponding updates. – Deferred Annual Variable Remuneration for Senior Management for the 2017 financial year Following the end of the 2020 financial year, the Deferred Annual Variable Remuneration for the 2017 financial year for members of Senior Management, excluding executive directors, payable in 2021 to the members of Senior Management who were beneficiaries thereof, provided that the applicable conditions were met, in the corresponding amounts in each case in accordance with the percentages applicable per the payment schedule established in the remuneration policies in effect in the 2017 financial year and applicable to each of them, was determined. Thus, based on the result of each of the multi-year performance indicators set by the Board of Directors in 2017 to calculate the Deferred Portion of this remuneration, and in application of the corresponding scales of achievement and their corresponding targets and weightings, the final amount of the Deferred Annual Variable Remuneration for the 2017 financial year for members of Senior Management, excluding executive directors, was determined and the amounts payable in 2021 in each case were paid, all of which was reported in that financial year. In 2022, provided that the applicable conditions are met, an aggregate total amount of €156 thousand euros and 29,267 BBVA shares, including the corresponding updates, is due to be paid to members of Senior Management (16 members as at 31 December 2021, excluding executive directors) as Deferred Annual Variable Remuneration for the 2017 financial year. – Outstanding deferred Annual Variable Remuneration for Senior Management As of the end of the 2021 financial year, in accordance with the conditions established in the remuneration policies applicable in previous years, in addition to the third payment (20%) of the 2017 Deferred AVR (due to be paid in 2023), 40% of the 2018 Deferred AVR (due to be paid in 2023 and 2024), and 60% of the 2019 Deferred AVR (due to be paid in 2023, 2024 and 2025) in the case of some members of Senior Management, 60% of the Annual Variable Remuneration for the 2021 financial year remains deferred and will be received in future years, if the applicable conditions are met. Fixed remuneration system with deferred delivery of shares for non-executive directors BBVA has a fixed remuneration system with BBVA shares with deferred delivery for its non-executive directors, which was approved by the General Meeting held on 18 March 2006 and extended by resolutions of the General Meetings held on 11 March 2011 and 11 March 2016 for a further five-year period in each case, and by the General Meeting held on 20 April 2021 for a further three-year period. This system is based on the annual allocation to non-executive directors of a number of "theoretical shares" of BBVA equivalent to 20% of the total annual fixed allowance in cash received by each director in the previous financial year, calculated according to the average closing price of the BBVA share during the 60 trading sessions prior to the dates of the Annual General Meetings approving the corresponding financial statements for each financial year. These shares will be delivered to each beneficiary, where applicable, after they leave their positions as directors for any reason other than serious dereliction of their duties. The "theoretical shares" allocated to non-executive directors who are beneficiaries of the fixed remuneration system with shares with deferred delivery in the 2021 financial year, corresponding to 20% of the total annual fixed allowance in cash received by each of them in the 2020 financial year, were as follows: Theoretical shares allocated in 2021 (1) Theoretical shares accumulated as at 31 December 2021 José Miguel Andrés Torrecillas 22,860 98,772 Jaime Félix Caruana Lacorte 25,585 56,972 Raúl Galamba de Oliveira 9,500 9,500 Belén Garijo López 15,722 77,848 Sunir Kumar Kapoor 7,737 30,652 Lourdes Máiz Carro 10,731 55,660 José Maldonado Ramos 15,416 123,984 Ana Peralta Moreno 10,731 26,396 Juan Pi Llorens 23,079 115,896 Ana Revenga Shanklin 7,568 7,568 Susana Rodríguez Vidarte 20,237 161,375 Carlos Salazar Lomelín 5,642 5,642 Jan Verplancke 9,024 21,416 Total 183,832 791,681 (1)The number of "theoretical shares" allocated to each non-executive director is equal to 20% of the total annual fixed allowance in cash received by each such director in 2020 based on the average closing price of the BBVA share during the 60 trading sessions prior to the General Meeting of 20 April 2021, which was €4.44 per share. Pension commitments with executive directors and Senior Management The Bank has not assumed pension commitments with non-executive directors. With regard to the Chairman, the BBVA Directors' Remuneration Policy establishes a pension framework whereby he is eligible, provided that he does not leave his position as a result of serious dereliction of his duties, to receive a retirement pension, paid in either income or capital, when he reaches the legally established retirement age. The amount of this pension will be determined by the annual contributions made by the Bank, together with their corresponding accumulated yields at that date. The annual contribution to cover the retirement contingency for the Chairman's defined-contribution system, as established in the BBVA Directors' Remuneration Policy approved by the General Meeting in 2021, amounts to €439 thousand. The Board of Directors may update this amount during the term of the Policy, in the same way and under the same terms as it may update the Annual Fixed Remuneration. 15% of the agreed annual contribution will be based on variable components and considered “discretionary pension benefits” and will, therefore, be subject to the conditions regarding delivery in shares, withholding and clawback established in the applicable regulations, as well as any other conditions concerning variable remuneration that may be applicable in accordance with the BBVA Directors' Remuneration Policy. In the event that the Chairman's contract is terminated before he reaches retirement age for reasons other than serious dereliction of duties, the retirement pension due to the Chairman upon him reaching the legally established retirement age will be calculated based on the funds accumulated through the contributions made by the Bank, under the terms set out, up to that date, plus the corresponding accumulated yield, with no additional contributions to be made by the Bank from the time of termination. With respect to the commitments in favour of the Chairman to cover the contingencies of death and disability, the Bank will pay the corresponding annual insurance premiums in order to top up this coverage. In line with the above, during the 2021 financial year, the following amounts were recorded to meet the pension commitments for the Chairman: an amount of €340 thousand with regard to the retirement contingency, which corresponds to the annual contribution agreed to cover the retirement contingency reduced in an amount of €98 thousand corresponding to the downwards adjustment of the “discretionary pension benefits” of 2020 financial year, which were declared at the close of said financial year and had to be registered in the accumulated fund in 2021. Likewise, an amount of €574 thousand has been recorded for the payment of premiums for the death and disability contingencies. As at 31 December 2021, the total accumulated amount of the fund to meet the retirement commitments for the e Chairman amounted to €24,546 thousand. With regard to the agreed annual contribution for the retirement contingency corresponding to the 2021 financial year, 15% (€66 thousand) was recorded in said financial year as “discretionary pension benefits”. Following the end of the financial year, this amount was adjusted by applying the same criteria used to determine the Chairman's Annual Variable Remuneration for the 2021 financial year and was determined to amount to €78 thousand, which represents an upwards adjustment of €12 thousand. These “discretionary pension benefits” will be included in the accumulated fund in the 2022 financial year and will be subject to the conditions established for them in the BBVA Directors' Remuneration Policy. With regard to the Chief Executive Officer, in accordance with the provisions of the BBVA Directors' Remuneration Policy approved by the General Meeting and those of his contract, the Bank is not required to make any contributions to a retirement pension, although he is entitled to an annual cash sum instead of a retirement pension (cash in lieu of pension) equal to 30% of his Annual Fixed Remuneration. However, the Bank does have pension commitments to cover the death and disability contingencies, for which purpose the corresponding annual insurance premiums are paid. In accordance with the above, in the 2021 financial year, the Bank paid the Chief Executive Officer the fixed-remuneration amount set out for cash in lieu of pension in the "Remuneration received by executive directors in 2021" section of this Note and, likewise, €295 thousand was recorded for the payment of the annual insurance premiums to cover the death and disability contingencies. Furthermore, in the 2021 financial year, to meet the pension commitments for members of Senior Management (16 members holding that position as at 31 December 2021, excluding executive directors), the following was recorded: an amount of €3,222 thousand for contribution to the retirement contingency and an amount of €1,333 thousand for premiums to cover the death and disability contingencies, as well as a downwards adjustment of €167 thousand for “discretionary pension benefits” corresponding to the 2020 financial year, which were declared at the end of that financial year and had to be registered in the accumulated fund in 2021. As at 31 December 2021, the total accumulated amount of the fund to meet the retirement commitments for members of Senior Management amounts to €27,472 thousand. As for the executive directors, 15% of the agreed annual contributions for members of Senior Management to cover the retirement contingency will be based on variable components and considered “discretionary pension benefits”, and are therefore subject to the conditions regarding delivery in shares, withholding and clawback established in the applicable regulations, as well as any other conditions concerning variable remuneration that may be applicable in accordance with the remuneration policy applicable to members of Senior Management. As such, with regard to the annual contribution for the retirement contingency registered in the 2021 financial year, an amount of €482 thousand was registered in the 2021 financial year as “discretionary pension benefits” and, following the end of the financial year, as in the case of the Chairman, this amount was adjusted by applying the same criteria used to determine the 2021 Annual Variable Remuneration for members of Senior Management. Accordingly, the "discretionary pension benefits" for the financial year, corresponding to all members of Senior Management, were determined to amount to a total of €591 thousand, representing an upwards adjustment of €109 thousand. These “discretionary pension benefits” will be included in the accumulated fund for the 2022 financial year, and will be subject to the conditions established for them in the remuneration policy applicable to members of Senior Management, in accordance with the regulations applicable to the Bank on this matter. Payments for the termination of the contractual relationship In accordance with the BBVA Directors' Remuneration Policy, the Bank has no commitments to pay severance indemnity to executive directors.

Note 55

Note 55	12 Months Ended
	Dec. 31, 2021
Additional information [abstract]
Disclosure of additional information [text block]	Other informationEnvironmental impactAs of December 31, 2021, there is no item included that requires disclosure in an environmental information report pursuant to Ministry JUS/794/2021, of July 22, by which the new model for the presentation in the Commercial Register of the consolidated annual accounts of the subjects obliged to its publication is approved.

Note 56

Note 56	12 Months Ended
	Dec. 31, 2021
Subsequent events [Abstract]
Disclosure of subsequent events [Text Block]	Subsequent events Between January 1 and February 3, 2022, J.P. Morgan AG, as manager of the first tranche, has acquired 65,272,189 BBVA shares as part of its share buyback program (see Note 4). On February 3, 2022, BBVA announced that its Board of Directors agreed, within the Framework Program, to carry out a second buyback program (the “Second Tranche”) aimed at reducing BBVA’s share capital, for a maximum amount of €2,000 million and a maximum number of shares to be acquired equal to the result of subtracting from 637,770,016 own shares (9.6% of BBVA’s share capital at that date) the number of own shares finally acquired in execution of the First Tranche. The implementation of the Second Tranche, which will also be executed externally through a lead-manager, will begin after the end of the implementation of the First Tranche and shall end no later than October 15, 2022 (see Note 4). On January 3, 2022, it was announced that a cash distribution in the amount of €0.23 gross per share as shareholder remuneration in relation to the Group's result in the 2021 financial year was expected to be submitted to the relevant governing bodies of BBVA for consideration (see Note 4). Between February 4 and March 3, 2022, J.P. Morgan AG, as manager of the first tranche, has acquired 103,692,285 BBVA shares as part of its share buyback program. On March 3, 2022, the implementation of the First Tranche has been completed. From January 1, 2022 to the date of preparation of these Consolidated Financial Statements, no other subsequent events not mentioned above in these financial statements have taken place that could significantly affect the Group’s earnings or its equity position.

List of accounting policies (Po

List of accounting policies (Policies)	12 Months Ended
	Dec. 31, 2021
Disclosure of significant accounting policies [Abstract]
Description of accounting policy for financial instruments explanatory [Policy Text Block]	Accounting principles and policies and applied valuation methods The accounting principles and policies and the valuation methods applied in the preparation of the consolidated financial statements may differ from those used, at the individual level, by some of the entities that are part of the BBVA Group; This is why, in the consolidation process, the necessary adjustments and reclassifications are made to standardize such principles and criteria among themselves and bring them into line with the IFRS-IASB. In preparing the accompanying Consolidated Financial Statements, the following accounting principles and policies and assessment criteria have been applied: IFRS 9 became effective as of January 1, 2018 and replaced IAS 39 regarding the classification and measurement of financial assets and liabilities, the impairment of financial assets and hedge accounting. However, the Group has chosen to continue applying IAS 39 for accounting for hedges as permitted by IFRS 9. Classification and measurement of financial assets Classification of financial assets IFRS 9 contains three main categories for financial assets classification: measured at amortized cost, measured at fair value with changes through other comprehensive income, and measured at fair value through profit or loss. The classification of financial instruments in the categories of amortized cost or fair value depends on the business model with which the entity manages the assets and the contractual characteristics of the cash flows, commonly known as the "solely payments of principal and interest" criterion (hereinafter, the SPPI). The assessment of the business model should reflect the way the Group manages groups of financial assets and does not depend on the intention for an individual instrument. Thus, for each entity within the BBVA Group there are different business models for managing assets. In order to determine the business model, the following aspects are taken into account: – The way in which the performance of the business model (and that of the assets which comprise such business model) is evaluated and reported to the entity's key personnel; – The risks and the way in which the risks that affect the performance of the business model are managed; – The way in which business model managers are remunerated; – The frequency, amount and timing of sales in previous years, the reasons for such sales and expectations regarding future sales. Regarding the SPPI test, the analysis of the cash flows aims to determine whether the contractual cash flows of the assets correspond only to payments of principal and interest on the principal amount outstanding at the beginning of the transaction. Interest is understood here as the consideration for the time value of money; and for the credit risk associated with the principal amount outstanding during a specific period; and for financing and structure costs, plus a profit margin. The most significant judgments used by the Group in evaluating compliance with the conditions of the SPPI test are the following: – Modified time value: in the event that a financial asset includes a periodic interest rate adjustment but the frequency of this adjustment does not coincide with the term of the reference interest rate (for example, the interest rate reset every six months to a one-year rate), the Group assesses, at the time of the initial recognition, this mismatch to determine whether the contractual cash flows (undiscounted) differ significantly or not from the cash flows (undiscounted) of a benchmark financial asset, for which there would be no change in the time value of money. The defined tolerance thresholds are 10% for the differences in each period and 5% for the analysis accumulated throughout the financial asset life. – Contractual clauses: The contractual clauses that can modify the calendar or the amount of the contractual cash flows are analyzed to verify if the contractual cash flows that would be generated during the life of the instrument due to the exercise of those clauses are only payments of principal and interest on the principal amount outstanding. To do this, the contractual cash flows that may be generated before and after the modification are analyzed. The main criteria taken into account in the analysis are: a. Early termination clauses: generally a contractual clause that permits the debtor to prepay a debt instrument before maturity is consistent with SPPI when the prepayment amount substantially represents unpaid amounts of principal and interest on the principal amount outstanding (which may include reasonable additional compensation for the early termination of the contract). b. Instruments with an interest rate linked to contingent events: – An instrument whose interest rate is reset to a higher rate if the debtor misses a particular payment may meet the SPPI criterion because of the relationship between missed payments and an increase in credit risk. – An instrument with contractual cash flows that are indexed to the debtor’s performance – e.g. net income or is adjusted based on a certain index or stock market value would not meet the SPPI criterion. c. Perpetual instruments: to the extent that they can be considered instruments with continuous (multiple) extension options, they meet the SPPI test if the contractual flows meet it. When the issuer can defer the payment of interest, if such payment would affect their solvency, they would meet the SPPI test if the deferred interest accrues additional interest, while if they do not, they would not meet the test. – Non-recourse financial instruments: In the case of debt instruments that are repaid primarily with the cash flows of specific assets or projects and the debtor has no legal responsibility, the underlying assets or cash flows are evaluated to determine whether the contractual cash flows of the instrument are consistent with payments of principal and interest on the principal amount outstanding. a. If the contractual terms do not give rise to additional cash flows to payments of principal and interest on the amount of principal outstanding or limitations to these payments, the SPPI test is met. b. If the debt instrument effectively represents an investment in the underlying assets and its cash flows are inconsistent with principal and interest (because they depend on the performance of a business), the SPPI test is not met. – Contractually linked instruments: a look-through analysis is carried out in the case of transactions that are set through the issuance of multiple financial instruments forming tranches that create concentrations of credit risk in which there is an order of priority that specifies how the flows of cash generated by the underlying set of financial instruments are allocated to the different tranches. The debt tranches of the instrument will comply with the requirement that their cash flows represent only payment of principal and interest on the outstanding principal if: a. The contractual terms of the tranche being assessed for classification (without looking through to the underlying pool of financial instruments) give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding, b. The underlying pool of financial instruments comprises instruments with cash flow that are solely payments of principal and interest on the principal amount outstanding, and c. The exposure to credit risk in the underlying pool of financial instruments inherent in the tranche is equal to or lower than the exposure to credit risk of the underlying pool of financial instruments (for example, the credit rating of the tranche being assessed for classification is equal to or higher than the credit rating that would apply to a single tranche that funded the underlying pool of financial instruments). In any event, the contractual conditions that, at the time of the initial recognition, have a minimal effect on cash flows or depend on the occurrence of exceptional and highly unlikely events do not prevent compliance with the conditions of the SPPI test. Based on the above characteristics, financial assets will be classified and valued as described below. A debt instrument will be classified in the amortized cost portfolio if the two following conditions are fulfilled: – The financial asset is managed within a business model whose purpose is to maintain the financial assets to maturity, to receive contractual cash flows; and – The contractual conditions of the financial asset give rise to cash flows that are only payments of principal and interest. A debt instrument will be classified in the portfolio of financial assets at fair value with changes through other comprehensive income if the two following conditions are fulfilled: – The financial asset is managed with a business model whose purpose combines collection of the contractual cash flows and sale of the assets, and – The contractual characteristics of the instrument generate cash flows which only represent the return of the principal and interest. A debt instrument will be classified at fair value with changes in profit and loss provided that the entity's business model for their management or the contractual characteristics of its cash flows do not require classification into one of the portfolios described above. In general, equity instruments will be measured at fair value through profit or loss. However the Group may make an irrevocable election, at initial recognition to present subsequent changes in the fair value through “other comprehensive income”. Financial assets will only be reclassified when BBVA Group decides to change the business model. In this case, all of the financial assets assigned to this business model will be reclassified. The change of the objective of the business model should occur before the date of the reclassification. Measurement of financial assets All financial instruments are initially recognized at fair value, plus, those transaction costs which are directly attributable to the issue of the particular instrument, with the exception of those financial assets which are classified at fair value through profit or loss. All changes in the value of financial assets due to the interest accrual and similar items are recorded in the headings "Interest and other income" or "Interest expense", of the consolidated income statement of the year in which the accrual occurred (see Note 37), except for trading derivatives that are not economic and accounting hedges. The changes in fair value after the initial recognition, for reasons other than those mentioned in the preceding paragraph, are treated as described below, according to the categories of financial assets. “Financial assets held for trading”, “Non-trading financial assets mandatorily at fair value through profit or loss” and “Financial assets designated at fair value through profit or loss” Financial assets are recorded under the heading “Financial assets held for trading” if the objective of the business model is to generate gains by buying and selling these financial instruments or generate short-term results. The financial assets recorded in the heading “Non-trading financial assets mandatorily at fair value through profit or loss” are derived from a business model which objective is to obtain the contractual cash flows and / or to sell those instruments but its contractual cash flows do not comply with the requirements of the SPPI test. Financial assets are classified in “Financial assets designated at fair value through profit or loss” only if it eliminates or significantly reduces a measurement or recognition inconsistency (an ‘accounting mismatch’) that would otherwise arise from measuring financial assets or financial liabilities, or recognizing gains or losses on them, on different bases. The assets recognized under these headings of the consolidated balance sheet are measured upon acquisition at fair value and changes in the fair value (gains or losses) are recognized as their net value under the headings “Gains (losses) on financial assets and liabilities held for trading, net”, “Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net” and “Gains (losses) on financial assets designated at fair value through profit or loss, net” in the accompanying consolidated income statement (see Note 41). Changes in fair value resulting from variations in foreign exchange rates are recognized under the heading “Exchange differences, net” in the accompanying consolidated income statements (Note 41). ”Financial assets at fair value through other comprehensive income” – Debt instruments Assets recognized under this heading in the consolidated balance sheets are measured at their fair value. This category of valuation implies the recognition of the information in the income statement as if it were an instrument valued at amortized cost, while the instrument is valued at fair value in the balance sheet. Thus, both interest income on these instruments and the exchange differences and impairment that arise in their case are recorded in the profit and loss account, while subsequent changes in its fair value (gains or losses) are recognized temporarily (by the amount net of tax effect) under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Fair value changes of debt instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30). The amounts recognized under the headings “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Fair value changes of debt instruments measured at fair value through other comprehensive income” continue to form part of the Group's consolidated equity until the corresponding asset is derecognized from the consolidated balance sheet or until a loss allowance is recognized on the corresponding financial instrument. If these assets are sold, these amounts are derecognized and included under the headings “Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net” (see Note 41). The net loss allowances in “Financial assets at fair value through other comprehensive income” over the year are recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification - Financial assets at fair value through other comprehensive income” (see Note 47) in the consolidated income statement for the year. Interest income on these instruments is recorded in the consolidated profit and loss account (see Note 37). Changes in foreign exchange rates are recognized under the heading “Exchange differences, net" in the accompanying consolidated income statements (see Note 41). – Equity instruments At the time of initial recognition of specific investments in equity instruments, the BBVA Group may make the irrevocable decision to present subsequent changes in fair value in other comprehensive income. Subsequent changes in this valuation will be recognized in "Accumulated other comprehensive income - Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income" (see Note 30). Dividends received from these investments are recorded in the heading "Dividend income" in the consolidated income statement (see Note 38). These instruments are not subject to the impairment model of IFRS 9. “Financial assets at amortized cost” The assets under this category are subsequently measured at amortized cost, after initial recognition, using the effective interest rate method. Net loss allowances of assets recorded under these headings arising in each period are recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification – Financial assets measured at amortized cost” in the consolidated income statement for such year (see Note 47). Classification and measurement of financial liabilities Classification of financial liabilities Financial liabilities are classified in the following categories: – Financial liabilities at amortized cost; – Financial liabilities that are held for trading, including derivatives, are financial instruments which are recorded in this category when the Group’s objective is to generate gains by buying and selling these financial instruments; – Financial liabilities that are designated at fair value through profit or loss on initial recognition under the Fair Value Option. The Group has the option to designate irrevocably, on the initial moment of recognition, a financial liability at fair value through profit or loss provided that doing so results in the elimination or significant reduction of measurement or recognition inconsistency, or if a group of financial liabilities, or a group of financial assets and financial liabilities, has to be managed, and its performance evaluated, on a fair value basis in accordance with a documented risk management or investment strategy. Measurement of financial liabilities Financial liabilities are initially recorded at fair value, less transaction costs that are directly attributable to the issuance of instruments, except for financial instruments that are classified at fair value through profit or loss. Variations in the value of financial liabilities due to the interest accrual and similar items are recorded in the headings “Interest and other income” or “Interest expense”, of the consolidated income statement for the year in which the accrual occurred (see Note 37), except for trading derivatives that are not economic and accounting hedges. The changes in fair value after the initial recognition, for reasons other than those mentioned in the preceding paragraph, are treated as described below, according to the categories of financial liabilities. “Financial liabilities held for trading” and “Financial liabilities designated at fair value through profit or loss“ The subsequent changes in the fair value (gains or losses) of the liabilities recognized under these headings of the consolidated balance sheets are recognized as their net value under the headings “Gains (losses) on financial assets and liabilities held for trading, net” and “Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net” in the accompanying consolidated income statements (see Note 41). The changes in the own credit risk of the liabilities designated under the fair value option is presented in “Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss – Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk”, unless this treatment brings about or increases an asymmetry in the income statement. Changes in fair value resulting from variations in foreign exchange rates are recognized under the heading “Exchange differences, net” in the accompanying consolidated income statements (Note 41). “Financial liabilities at amortized cost” The liabilities under this category are subsequently measured at amortized cost, using the “effective interest rate” method. Hybrid financial liabilities When a financial liability contains an embedded derivative, the Group analyzes whether the economic characteristics and risks of the embedded derivative and the host instrument are closely related. If the characteristics and risks of the host and the derivative are closely related, the instrument as a whole will be classified and measured according to the general rules for financial liabilities. If, on the other hand, the economic characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host, its terms meet the definition of a derivative and the hybrid contract is not measured at fair value with changes in fair value recognized in profit or loss, the embedded derivative shall be separated from the host and accounted for as a derivative separately at fair value with changes in profit and loss and the host instrument classified and measured according to its nature. “Derivatives-Hedge Accounting” and “Fair value changes of the hedged items in portfolio hedges of interest-rate risk” The Group uses financial derivatives as a tool for managing financial risks, mainly interest rates and exchange rates (See Note 7). When these transactions meet certain requirements, they are considered "hedging instruments". Changes occurring subsequent to the designation of the hedging relationship in the measurement of financial instruments designated as hedged items as well as financial instruments designated as hedge accounting instruments are recognized as follows: – In fair value hedges, the changes in the fair value of the derivative and the hedged item attributable to the hedged risk are recognized under the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement, with a corresponding offset under the headings where hedging items ("Hedging derivatives") and the hedged items are recognized, as applicable, except for interest-rate risks hedges (which are almost all of the hedges used by the Group), for which the valuation changes are recognized under the headings “Interest and other income” or “Interest expense”, as appropriate, in the accompanying consolidated income statement (see Note 37). – In fair value hedges of interest rate risk of a portfolio of financial instruments (portfolio-hedges), the gains or losses that arise in the measurement of the hedging instrument are recognized in the consolidated income statement, with the corresponding offset on the headings “Derivatives-Hedge Accounting” and the gains or losses that arise from the change in the fair value of the hedged item (attributable to the hedged risk) are also recognized in the consolidated income statement (in both cases under the heading “Gains (losses) from hedge accounting, net”, using, as a corresponding offset, the headings "Fair value changes of the hedged items in portfolio hedges of interest rate risk" in the consolidated balance sheets, as applicable). – In cash flow hedges, the gain or loss on the hedging instruments relating to the effective portion is recognized temporarily under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedging derivatives. Cash flow hedges (effective portion)” in the consolidated balance sheets, with a corresponding offset under the heading “Hedging derivatives” of the Assets or Liabilities of the consolidated balance sheets as applicable. These differences are recognized under the headings “Interest and other income” or “Interest expense” at the time when the gain or loss in the hedged instrument affects profit or loss, when the forecast transaction is executed or at the maturity date of the hedged item. Almost all of the cash flow hedges carried out by the Group are for interest rate risk and inflation of financial instruments, so their differences are recognized under the heading "Interest and other income" or "Interest expense” in the consolidated income statement (see Note 37). – Differences in the measurement of the hedging items corresponding to the ineffective portions of cash flow hedges are recognized directly in the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement (see Note 41). – In the hedges of net investments in foreign operations, the differences attributable to the effective portions of hedging items are recognized temporarily under the heading "Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss – Hedging of net investments in foreign operations (effective portion)" in the consolidated balance sheets with a corresponding offset entry under the heading “Hedging derivatives” of the Assets or Liabilities of the consolidated balance sheets as applicable. These differences in valuation are recognized in the consolidated income statement when the investment in a foreign operation is disposed of or derecognized (see Note 41). Loss allowances on financial assets The “expected losses” impairment model is applied to financial assets valued at amortized cost, debt instruments valued at fair value with changes in accumulated other comprehensive income, financial guarantee contracts and other commitments. All financial instruments valued at fair value through profit or loss are excluded from the impairment model. The standard classifies financial instruments into three categories, which depend on the evolution of their credit risk from the moment of initial recognition and which establish the calculation of the credit risk allowance. – Stage 1– without significant increase in credit risk Financial assets which are not considered to have significantly increased in credit risk have loss allowances measured at an amount equal to the expected credit loss that arises from all possible default events within 12 months following the presentation date of the financial statements (12 month expected credit losses). – Stage 2– significant increases in credit risk When the credit risk of a financial asset has increased significantly since the initial recognition, the loss allowances of that financial instrument is calculated as the expected credit loss during the entire life of the asset. That is, they are the expected credit losses that result from all possible default events during the expected life of the financial instrument. – Stage 3 – Impaired When there is objective evidence that the instrument is credit impaired, the financial asset is transferred to this category in which the provision for losses of that financial instrument is calculated, as in Stage 2, as the expected credit loss during the entire life of the asset. When the recovery of any recognized amount is considered remote, such amount is written-off on the consolidated balance sheet, without prejudice to any actions that may be taken in order to collect the amount until the rights extinguish in full either because it is time-barred debt, the debt is forgiven, or other reasons. The BBVA Group has applied the following definitions: – Credit impaired asset An asset is credit- impaired (stage 3) if one or more events have occurred and they have a detrimental impact on the estimated future cash flows of the asset. Historically, the definition of credit impaired asset under IFRS 9 has been substantially aligned with the definition of default used by the Group for internal credit risk management, which is also the definition used for regulatory purposes. In 2021 the Group updated its definition of default to conform to that set forth in the European Banking Authority (hereinafter EBA) Guidelines, in compliance with article 178 of Regulation (EU) No 575/2013 (CRR). The Group has consequently updated the definition of credit impaired asset (Stage 3), considering it a change in accounting estimates, re-establishing the consistency with the definition of default and guaranteeing the integration of both definitions in credit risk management. The determination of an asset as impaired and its classification in Stage 3 is based exclusively on the risk of default, without considering the effects of credit risk mitigating measures such as guarantees and collaterals. Specifically, the following financial assets are classified in Stage 3: a. Impaired assets for objective reasons or delinquency: when there are unpaid amounts of principal or interest for more than 90 days. According to IFRS 9, the 90-days past due default is a presumption that can be rebutted in those cases where the entity considers, based on reasonable and supportable information, that it is appropriate to use a longer term. As of December 31, 2021, the Group has not used terms exceeding 90 days past due. b. Impaired assets for subjective reasons (other than delinquency): when circumstances are identified that show, even in the absence of defaults, that it is not probable that the debtor will fully comply with its financial obligations. For this purpose, the following indicators are considered, among others: – Significant financial difficulties of the issuer or the borrower. – Granting by the lender or lenders to the borrower, for economic or contractual reasons related to the latter's financial difficulties, of concessions or advantages that they would not have otherwise granted. – Breach of contractual clauses, such as events of default or default. – Increasing probability that the borrower will go into bankruptcy or some other situation of financial reorganization. – Disappearance of an active market for the financial asset due to financial difficulties. – Others that may affect the committed cash flows such as the loss of the debtor's license or that it has committed fraud. – Generalized delay in payments. In any case, this circumstance exists when, during a continuous period of 90 days prior to the reporting date, a material amount has remained unpaid. – Sales of credit exposures of a client with a significant economic loss will imply that the rest of its operations are considered impaired. Relating to the granting of concessions due to financial difficulties, it is considered that there is an indicator of unlikeliness to pay, and therefore the client must be considered impaired, when the refinancing or restructuring measures may result in a diminished financial obligation caused by a forgiveness or material deferral of principal, interest or fees. Specifically, unless proven otherwise, transactions that meet any of the following criteria will be reclassified to the category of impaired assets: a. Irregular repayment schedule. b. Contractual clauses that delay the repayment of the loan through regular payments. Among others, grace periods of more than two years for the amortization of the principal will be considered clauses with these characteristics. c. Amounts of principal or interest written off from the balance sheet as its recovery is considered remote. In any case, a restructuring will be considered impaired when the reduction in the net present value of the financial obligation is greater than 1% in accordance with the new management criteria introduced during 2021. Credit risk management for wholesale counterparties is carried out at the customer (or group) level. For this reason, the classification of any of a client's material exposures as impaired, whether due to more than 90 days of default or due to any of the subjective criteria, implies the classification as impaired of all the client's exposures. Regarding retail clients, which are managed at the individual loan level, the scoring systems review their score, among other factors, in the event of a breach in any of their operations or incurring generalized delays in payments, which also triggers the necessary recovery actions. Among them are the refinancing measures that, where appropriate, may lead to all the client's operations being considered impaired. Furthermore, given the granularity of the retail portfolios, the differential behavior of these clients in relation to their products and collateral provided, as well as the time necessary to find the best solution, the Group has established as an indicator that when a transaction of a retail client is in default in excess of 90 days or shows a general delay in payments and this represents more than 20% of the client's total balance, all its transactions are considered impaired. When operations by entities related to the client fall into Stage 3, including both entities of the same group and those with which there is a relationship of economic or financial dependence, the transactions of the holder will also be classified as Stage 3 if after the analysis it is concluded that there are reasonable doubts about the full payment of the loans. The Stage 3 classification will be maintained for a cure period of 3 months from the disappearance of all indicators of impairment during which the client must demonstrate good payment behavior and an improvement in their credit quality in order to corroborate the disappearance of the causes that motivated the classification of the debt as impaired. In the case of refinancing and restructuring, the cure period is one year (see Note 7.2.7 for more details). These criteria are aligned in all the geog
Derivatives hedge accounting and fair value changes of the hedged items in portfolio hedges of interest rate risk [Policy Text Block]	“Derivatives-Hedge Accounting” and “Fair value changes of the hedged items in portfolio hedges of interest-rate risk” The Group uses financial derivatives as a tool for managing financial risks, mainly interest rates and exchange rates (See Note 7). When these transactions meet certain requirements, they are considered "hedging instruments". Changes occurring subsequent to the designation of the hedging relationship in the measurement of financial instruments designated as hedged items as well as financial instruments designated as hedge accounting instruments are recognized as follows: – In fair value hedges, the changes in the fair value of the derivative and the hedged item attributable to the hedged risk are recognized under the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement, with a corresponding offset under the headings where hedging items ("Hedging derivatives") and the hedged items are recognized, as applicable, except for interest-rate risks hedges (which are almost all of the hedges used by the Group), for which the valuation changes are recognized under the headings “Interest and other income” or “Interest expense”, as appropriate, in the accompanying consolidated income statement (see Note 37). – In fair value hedges of interest rate risk of a portfolio of financial instruments (portfolio-hedges), the gains or losses that arise in the measurement of the hedging instrument are recognized in the consolidated income statement, with the corresponding offset on the headings “Derivatives-Hedge Accounting” and the gains or losses that arise from the change in the fair value of the hedged item (attributable to the hedged risk) are also recognized in the consolidated income statement (in both cases under the heading “Gains (losses) from hedge accounting, net”, using, as a corresponding offset, the headings "Fair value changes of the hedged items in portfolio hedges of interest rate risk" in the consolidated balance sheets, as applicable). – In cash flow hedges, the gain or loss on the hedging instruments relating to the effective portion is recognized temporarily under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedging derivatives. Cash flow hedges (effective portion)” in the consolidated balance sheets, with a corresponding offset under the heading “Hedging derivatives” of the Assets or Liabilities of the consolidated balance sheets as applicable. These differences are recognized under the headings “Interest and other income” or “Interest expense” at the time when the gain or loss in the hedged instrument affects profit or loss, when the forecast transaction is executed or at the maturity date of the hedged item. Almost all of the cash flow hedges carried out by the Group are for interest rate risk and inflation of financial instruments, so their differences are recognized under the heading "Interest and other income" or "Interest expense” in the consolidated income statement (see Note 37). – Differences in the measurement of the hedging items corresponding to the ineffective portions of cash flow hedges are recognized directly in the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement (see Note 41). – In the hedges of net investments in foreign operations, the differences attributable to the effective portions of hedging items are recognized temporarily under the heading "Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss – Hedging of net investments in foreign operations (effective portion)" in the consolidated balance sheets with a corresponding offset entry under the heading “Hedging derivatives” of the Assets or Liabilities of the consolidated balance sheets as applicable. These differences in valuation are recognized in the consolidated income statement when the investment in a foreign operation is disposed of or derecognized (see Note 41).
Loss allowances on financial assets [Policy Text Block]	Loss allowances on financial assets The “expected losses” impairment model is applied to financial assets valued at amortized cost, debt instruments valued at fair value with changes in accumulated other comprehensive income, financial guarantee contracts and other commitments. All financial instruments valued at fair value through profit or loss are excluded from the impairment model. The standard classifies financial instruments into three categories, which depend on the evolution of their credit risk from the moment of initial recognition and which establish the calculation of the credit risk allowance. – Stage 1– without significant increase in credit risk Financial assets which are not considered to have significantly increased in credit risk have loss allowances measured at an amount equal to the expected credit loss that arises from all possible default events within 12 months following the presentation date of the financial statements (12 month expected credit losses). – Stage 2– significant increases in credit risk When the credit risk of a financial asset has increased significantly since the initial recognition, the loss allowances of that financial instrument is calculated as the expected credit loss during the entire life of the asset. That is, they are the expected credit losses that result from all possible default events during the expected life of the financial instrument. – Stage 3 – Impaired When there is objective evidence that the instrument is credit impaired, the financial asset is transferred to this category in which the provision for losses of that financial instrument is calculated, as in Stage 2, as the expected credit loss during the entire life of the asset. When the recovery of any recognized amount is considered remote, such amount is written-off on the consolidated balance sheet, without prejudice to any actions that may be taken in order to collect the amount until the rights extinguish in full either because it is time-barred debt, the debt is forgiven, or other reasons. The BBVA Group has applied the following definitions: – Credit impaired asset An asset is credit- impaired (stage 3) if one or more events have occurred and they have a detrimental impact on the estimated future cash flows of the asset. Historically, the definition of credit impaired asset under IFRS 9 has been substantially aligned with the definition of default used by the Group for internal credit risk management, which is also the definition used for regulatory purposes. In 2021 the Group updated its definition of default to conform to that set forth in the European Banking Authority (hereinafter EBA) Guidelines, in compliance with article 178 of Regulation (EU) No 575/2013 (CRR). The Group has consequently updated the definition of credit impaired asset (Stage 3), considering it a change in accounting estimates, re-establishing the consistency with the definition of default and guaranteeing the integration of both definitions in credit risk management. The determination of an asset as impaired and its classification in Stage 3 is based exclusively on the risk of default, without considering the effects of credit risk mitigating measures such as guarantees and collaterals. Specifically, the following financial assets are classified in Stage 3: a. Impaired assets for objective reasons or delinquency: when there are unpaid amounts of principal or interest for more than 90 days. According to IFRS 9, the 90-days past due default is a presumption that can be rebutted in those cases where the entity considers, based on reasonable and supportable information, that it is appropriate to use a longer term. As of December 31, 2021, the Group has not used terms exceeding 90 days past due. b. Impaired assets for subjective reasons (other than delinquency): when circumstances are identified that show, even in the absence of defaults, that it is not probable that the debtor will fully comply with its financial obligations. For this purpose, the following indicators are considered, among others: – Significant financial difficulties of the issuer or the borrower. – Granting by the lender or lenders to the borrower, for economic or contractual reasons related to the latter's financial difficulties, of concessions or advantages that they would not have otherwise granted. – Breach of contractual clauses, such as events of default or default. – Increasing probability that the borrower will go into bankruptcy or some other situation of financial reorganization. – Disappearance of an active market for the financial asset due to financial difficulties. – Others that may affect the committed cash flows such as the loss of the debtor's license or that it has committed fraud. – Generalized delay in payments. In any case, this circumstance exists when, during a continuous period of 90 days prior to the reporting date, a material amount has remained unpaid. – Sales of credit exposures of a client with a significant economic loss will imply that the rest of its operations are considered impaired. Relating to the granting of concessions due to financial difficulties, it is considered that there is an indicator of unlikeliness to pay, and therefore the client must be considered impaired, when the refinancing or restructuring measures may result in a diminished financial obligation caused by a forgiveness or material deferral of principal, interest or fees. Specifically, unless proven otherwise, transactions that meet any of the following criteria will be reclassified to the category of impaired assets: a. Irregular repayment schedule. b. Contractual clauses that delay the repayment of the loan through regular payments. Among others, grace periods of more than two years for the amortization of the principal will be considered clauses with these characteristics. c. Amounts of principal or interest written off from the balance sheet as its recovery is considered remote. In any case, a restructuring will be considered impaired when the reduction in the net present value of the financial obligation is greater than 1% in accordance with the new management criteria introduced during 2021. Credit risk management for wholesale counterparties is carried out at the customer (or group) level. For this reason, the classification of any of a client's material exposures as impaired, whether due to more than 90 days of default or due to any of the subjective criteria, implies the classification as impaired of all the client's exposures. Regarding retail clients, which are managed at the individual loan level, the scoring systems review their score, among other factors, in the event of a breach in any of their operations or incurring generalized delays in payments, which also triggers the necessary recovery actions. Among them are the refinancing measures that, where appropriate, may lead to all the client's operations being considered impaired. Furthermore, given the granularity of the retail portfolios, the differential behavior of these clients in relation to their products and collateral provided, as well as the time necessary to find the best solution, the Group has established as an indicator that when a transaction of a retail client is in default in excess of 90 days or shows a general delay in payments and this represents more than 20% of the client's total balance, all its transactions are considered impaired. When operations by entities related to the client fall into Stage 3, including both entities of the same group and those with which there is a relationship of economic or financial dependence, the transactions of the holder will also be classified as Stage 3 if after the analysis it is concluded that there are reasonable doubts about the full payment of the loans. The Stage 3 classification will be maintained for a cure period of 3 months from the disappearance of all indicators of impairment during which the client must demonstrate good payment behavior and an improvement in their credit quality in order to corroborate the disappearance of the causes that motivated the classification of the debt as impaired. In the case of refinancing and restructuring, the cure period is one year (see Note 7.2.7 for more details). These criteria are aligned in all the geographies of the Group, maintaining only minor differences to facilitate the integration of management at the local level. – Significant increase in credit risk The objective of the impairment requirements is to recognize lifetime expected credit losses for financial instruments for which there have been significant increases in credit risk since initial recognition considering all reasonable and supportable information, including that which is forward-looking. The model developed by the Group for assessing the significant increase in credit risk has a two-prong approach that is applied globally (for more detail on the methodology used, see Note 7.2.1): – Quantitative criterion: the Group uses a quantitative analysis based on comparing the current expected probability of default over the life of the transaction with the original adjusted expected probability of default, so that both values are comparable in terms of expected default probability for their residual life (see Note 7.2.1). – Qualitative criterion: most indicators for detecting significant risk increase are included in the Group's systems through rating and scoring systems or macroeconomic scenarios, so the quantitative analysis covers the majority of circumstances. The Group uses additional qualitative criteria to identify significant increase in credit risk and thus, to include circumstances that are not reflected in the rating/score systems or macroeconomic scenarios used. Such qualitative criteria are the following: a. More than 30 days past due. According to IFRS 9, default of more than 30 days is a presumption that can be rebutted in those cases in which the entity considers, based on reasonable and documented information, that such non-payment does not represent a significant increase in risk. As of December 31, 2021, the Group has not considered periods higher than 30 days. b. Watch list: They are subject to special watch by the Risk units because they show negative signs in their credit quality, even though there may be no objective evidence of impairment. c. Refinance or restructuring that does not show evidence of impairment, or that, having been previously identified, the existence of significant increase in credit risk may still exist. Although the standard introduces a series of operational simplifications, also known as practical solutions, for analyzing the increase in significant risk, the Group does not use them as a general rule. However, for high-quality assets, mainly related to certain government institutions and bodies, the standard allows for considering that their credit risk has not increased significantly because they have a low credit risk at the presentation date. This possibility is limited to those financial instruments that are classified as having high credit quality and high liquidity to comply with the liquidity coverage ratio (LCR). This does not prevent these assets from being assigned the credit risk coverage that corresponds to their classification as Stage 1 based on their credit rating and macroeconomic expectations.
Accounting policy for property plant and equipment [Policy Text Block]	Tangible Assets Property, plant and equipment for own use This heading includes the assets under ownership or acquired under lease terms (right to use), intended for future or current use by the BBVA Group and that it expects to hold for more than one year. It also includes tangible assets received by the consolidated entities in full or partial settlement of financial assets representing receivables from third parties which are expected to be held for continuing use. For more information regarding the accounting treatment of right to use assets under lease terms, see Note 2.2.18 "Leases". Property, plant and equipment for own use are presented in the consolidated balance sheets at acquisition cost, less any accumulated depreciation and, where appropriate, any estimated impairment losses resulting from comparing the net carrying amount of each item with its corresponding recoverable amount (see Note 17). Depreciation is calculated using the straight-line method, during the useful life of the asset, on the basis of the acquisition cost of the assets less their residual value; the land is considered to have an indefinite life and is therefore not depreciated. Depreciation rates for tangible assets Type of assets Annual Percentage Buildings for own use 1% - 4% Furniture 8% - 10% Fixtures 6% - 12% Office supplies and hardware 8% - 25% Lease use rights The lesser of the lease term or the useful life of the underlying asset At each reporting date, the Group entities analyze whether there are internal or external indicators that a tangible asset may be impaired. When there is evidence of impairment, the Group analyzes whether this impairment actually exists by comparing the asset’s net carrying amount with its recoverable amount (defined as the higher between its recoverable amount less disposal costs and its value in use). When the carrying amount exceeds the recoverable amount, the carrying amount is written down to the recoverable amount and depreciation charges going forward are adjusted to reflect the asset’s remaining useful life. Similarly, if there is any indication that the value of a previously impaired tangible asset is now recoverable, the consolidated entities will estimate the recoverable amounts of the asset and recognize it in the consolidated income statement, recording the reversal of the impairment loss recognized in previous years and thus adjusting future depreciation charges. Under no circumstances may the reversal of an impairment loss on an asset raise its carrying amount above that which it would have if no impairment losses had been recognized in prior years. In the BBVA Group, most of the buildings held for own use are assigned to the different Cash Generating Units (CGU) to which they belong. The corresponding impairment analyses are performed for these CGU to check whether sufficient cash flows are generated to support the value of the assets comprised within. Operating and maintenance expense relating to tangible assets held for own use are recognized as an expense in the year they are incurred and recognized in the consolidated income statements under the heading "Administration costs - Other administrative expense - Property, fixtures and materials" (see Note 44.2). Other assets leased out under an operating lease The criteria used to recognize the acquisition cost of assets leased out under operating leases, to calculate their depreciation and their respective estimated useful lives and to recognize the impairment losses on them, are the same as those described in relation to tangible assets for own use. Investment properties The heading “Tangible assets - Investment properties” in the consolidated balance sheets reflects the net values (purchase cost minus the corresponding accumulated depreciation and, if appropriate, estimated impairment losses) of the land, buildings and other structures that are held either to earn rental income or for capital appreciation through sale and that are neither expected to be sold off in the ordinary course of business nor are destined for own use (see Note 17). The criteria used to recognize the acquisition cost of investment properties, calculate their depreciation and their respective estimated useful lives, and recognize the impairment losses on them, are the same as those described in relation to tangible assets held for own use.
Accounting policy for business combinations [Policy Text Block]	Business combinations A business combination is a transaction, or any other deal, by which the Group obtains control of one or more businesses. It is accounted for by applying the “acquisition method”. According to this method, the acquirer has to recognize the assets acquired and the liabilities and contingent liabilities assumed, including those that the acquired entity had not recognized in the accounts. The method involves the measurement of the consideration received for the business combination and its allocation to the assets, liabilities and contingent liabilities measured according to their fair value, at the purchase date, as well as the recognition of any non-controlling participation (minority interests) that may arise from the transaction. In a business combination achieved in stages, the acquirer shall measure its previously held equity interest in the acquiree at its acquisition-date fair value and recognize the resulting gain or loss, if any, in profit or loss under the heading “Gains (losses) on derecognition of non-financial assets and subsidiaries, net” of the consolidated income statements. In prior reporting periods, the acquirer may have recognized changes in the value of its equity interest in the acquiree in other comprehensive income. If so, the amount that was recognized in other comprehensive income shall be recognized on the same basis as would be required if the acquirer had disposed directly of the previously held equity interest. In addition, the acquirer shall recognize an asset in the consolidated balance sheet under the heading “Intangible asset - Goodwill” if on the acquisition date there is a positive difference between: – the sum of the consideration transferred, the amount of all the non-controlling interests and the fair value of stock previously held in the acquired business; and – the net fair value of the assets acquired and liabilities assumed. If this difference is negative, it shall be recognized directly in the income statement under the heading “Negative goodwill recognized in profit or loss”. Non-controlling interests in the acquired entity may be measured in two ways: either at their fair value; or at the proportional percentage of net assets identified in the acquired entity. The method of valuing non-controlling interest may be elected in each business combination. BBVA Group has always elected the second method.
Accounting policies for intangible assets and goodwill [Policy Text Block]	Intangible assets
Accounting policy for goodwill [Policy Text Block]	Goodwill Goodwill represents a portion of consideration transferred in advance by the acquiring entity for the future economic benefits from assets that cannot be individually identified and separately recognized. Goodwill is never amortized. It is subject periodically to an impairment analysis, and is written down if there has been impairment (see Note 18). Goodwill is assigned to one or more CGU that expect to be the beneficiaries of the synergies derived from the business combinations. The CGU represent the Group’s smallest identifiable asset groups that generate cash flows for the Group and that are largely independent of the flows generated from the Group’s other assets or groups of assets. Each unit or units to which goodwill is allocated: – Is the lowest level at which the entity manages goodwill internally. – Is not larger than an operating segment. The CGU to which goodwill has been allocated are tested for impairment (including the allocated goodwill in their carrying amount). This analysis is performed at least annually or more frequently if there is any indication of impairment. For the purpose of determining the impairment of a CGU to which a part of goodwill has been allocated, the carrying amount of that CGU, adjusted by the theoretical amount of the goodwill attributable to the non-controlling interests, in the event they are not valued at fair value, is compared with its recoverable amount. The recoverable amount of a CGU is equal to the fair value less sale costs or its value in use, whichever is greater. Value in use is calculated as the discounted value of the cash flow projections that the unit’s management estimates and is based on the latest budgets approved for the coming years. The main assumptions used in its calculation are: a growth rate to extrapolate the cash flows indefinitely, and the discount rate used to discount the cash flows, which is equal to the cost of the capital assigned to each CGU, and equivalent to the sum of the risk-free rate plus a risk premium inherent to the CGU being evaluated for impairment. If the carrying amount of the CGU exceeds the related recoverable amount, the Group recognizes an impairment loss; the resulting loss is apportioned by reducing, first, the carrying amount of the goodwill allocated to that unit and, second, if there are still impairment losses remaining to be recognized, the carrying amount of the remainder of the assets. This is done by allocating the remaining loss in proportion to the carrying amount of each of the assets in the unit. In the event the non-controlling interests are measured at fair value, the deterioration of goodwill attributable to non-controlling interests will be recognized. In any case, an impairment loss recognized for goodwill shall not be reversed in a subsequent period. Goodwill impairment losses are recognized under the heading "Impairment or reversal of impairment on non-financial assets – Intangible assets” (see Note 49).
Accounting policy for intangible assets other than goodwill [Policy Text Block]	Other intangible assets These assets may have an indefinite useful life if, based on an analysis of all relevant factors, it is concluded that there is no foreseeable limit to the period over which the asset is expected to generate net cash flows for the consolidated entities. In all other cases they have a finite useful life (see Note 18). Intangible assets with a finite useful life are amortized according to the duration of this useful life, using methods similar to those used to depreciate tangible assets. The defined useful life intangible asset is made up mainly of IT applications acquisition costs which have a useful life of 3 to 5 years. The amortization charge of these assets is recognized in the accompanying consolidated income statements under the heading "Depreciation and amortization" (see Note 45). The consolidated entities recognize any impairment losses on the carrying amount of these assets with a charge to the heading “Impairment or reversal of impairment on non-financial assets- Intangible assets” in the accompanying consolidated income statements (see Note 49). The criteria used to recognize the impairment losses on these assets and, where applicable, the recovery of impairment losses recognized in prior years, are similar to those used for tangible assets.
Accounting policy for insurance contracts [Policy Text Block]	Insurance and reinsurance contracts The assets and liabilities of the BBVA Group’s insurance subsidiaries are recognized according to their nature under the corresponding headings of the consolidated balance sheet. The heading “Insurance and reinsurance assets” in the accompanying consolidated balance sheets includes the amounts that the consolidated insurance subsidiaries are entitled to receive under the reinsurance contracts entered into by them with third parties and, more specifically, the reinsurer´s share of the technical provisions recognized by the consolidated insurance subsidiaries. The heading “Liabilities under insurance and reinsurance contracts” in the accompanying consolidated balance sheets includes the technical provisions for direct insurance and inward reinsurance recognized by the consolidated insurance subsidiaries to cover claims arising from insurance contracts open at period-end (see Note 23). The income or expense reported by the BBVA Group’s consolidated insurance subsidiaries on their insurance activities is recognized, in accordance with their nature, in the corresponding items of the consolidated income statements. The consolidated insurance entities of the BBVA Group recognize the amounts of the premiums written and a charge for the estimated cost of the claims that will be incurred at their final settlement to their consolidated income statements. At the close of each year the amounts collected and unearned, as well as the costs incurred and unpaid, are accrued. The most significant provisions recorded by consolidated insurance entities with respect to insurance policies issued by them are set out by their nature in Note 23. According to the type of product, the provisions may be as follows: – Life insurance provisions: Represents the value of the net obligations undertaken with the life insurance policyholder. These provisions include: a. Provisions for unearned premiums. These are intended for the accrual, at the date of calculation, of the premiums written. Their balance reflects the portion of the premiums received until the closing date that has to be allocated to the period from year-end to the end of the insurance policy period. b. Mathematical reserves: Represents the value of the life insurance obligations of the insurance entities at year-end, net of the policyholder’s obligations, arising from life insurance contracted. – Non-life insurance provisions: a. Provisions for unearned premiums. These provisions are intended for the accrual, at the date of calculation, of the premiums written. Their balance reflects the portion of the premiums received until the closing date that has to be allocated to the period between the year-end and the end of the policy period. b. Provisions for unexpired risks: The provision for unexpired risks supplements the provision for unearned premiums by the amount by which that provision is not sufficient to reflect the assessed risks and expenses to be covered by the consolidated insurance subsidiaries in the policy period not elapsed at year-end. – Provision for claims: This reflects the total amount of the outstanding obligations arising from claims incurred prior to year-end. Insurance subsidiaries calculate this provision as the difference between the total estimated or certain cost of the claims not yet reported, settled or paid, and the total amounts already paid in relation to these claims. – Provision for bonuses and rebates: This provision includes the amount of the bonuses accruing to policyholders, insurees or beneficiaries and the premiums to be returned to policyholders or insurees, as the case may be, based on the behavior of the risk insured, to the extent that such amounts have not been individually assigned to each of them. – Technical provisions for reinsurance ceded: Calculated by applying the criteria indicated above for direct insurance, taking account of the assignment conditions established in the open reinsurance contracts. – Other technical provisions: Insurance entities have recognized provisions to cover the probable mismatches in the market reinvestment interest rates with respect to those used in the valuation of the technical provisions.
Accounting policy for income tax explanatory [Policy Text Block]	Tax assets and liabilities Expenses on corporate income tax applicable to the BBVA Group’s Spanish entities and on similar income taxes applicable to consolidated foreign entities are recognized in the consolidated income statement, except when they result from transactions on which the profits or losses are recognized directly in equity, in which case the related tax effect is also recognized in equity. The total corporate income tax expense is calculated by aggregating the current tax arising from the application of the corresponding tax rate as per the tax base for the year (after deducting the tax credits or discounts allowable for tax purposes) and the change in deferred tax assets and liabilities recognized in the consolidated income statement.
Accounting policy for deferred income tax [Policy Text Block]	Deferred tax assets and liabilities include temporary differences, defined as the amounts to be payable or recoverable in future years arising from the differences between the carrying amount of assets and liabilities and their tax bases (the “tax value”), and tax loss and tax credit or discount carry forwards. These amounts are calculated by applying to each temporary difference the tax rates that are expected to apply when the asset is realized or the liability settled (see Note 19). The "Tax Assets" line item in the accompanying consolidated balance sheets includes the amount of all the assets of a tax nature, broken down into: "Current” (amounts of tax recoverable in the next twelve months) and "Deferred" (which includes the amount of tax to be recovered in future years, including those arising from tax losses or credits for deductions or rebates that can be compensated). The "Tax Liabilities" line item in the accompanying consolidated balance sheets includes the amount of all the liabilities of a tax nature, except for provisions for taxes, broken down into: "Current” (income tax payable on taxable profit for the year and other taxes payable in the next twelve months) and "Deferred" (the amount of corporate tax payable in subsequent years). Deferred tax liabilities attributable to taxable temporary differences associated with investments in subsidiaries, associates or joint venture entities are recognized as such, except where the Group can control the timing of the reversal of the temporary difference and it is unlikely that it will reverse in the future. Deferred tax assets are recognized to the extent that it is probable that the consolidated entities will generate enough taxable profits to make deferred tax assets effective and do not correspond to those from initial recognition (except in the case of business combinations), which also does not affect the fiscal outcome. The deferred tax assets and liabilities recognized are reassessed by the consolidated entities at each balance sheet date in order to ascertain whether they still qualify as deferred tax assets and liabilities, and the appropriate adjustments are made on the basis of the findings of the analyses performed. In those circumstances in which it is unclear how a specific requirement of the tax law applies to a particular transaction or circumstance, and the acceptability of the definitive tax treatment depends on the decisions taken by the relevant taxation authority in future, the entity recognizes current and deferred tax liabilities and assets considering whether it is probable or not that a taxation authority will accept an uncertain tax treatment. Thus, if the entity concludes that it is not probable that the taxation authority will accept an uncertain tax treatment, the entity uses the amount expected to be paid to (recovered from) the taxation authorities.
Accounting policy for taxes other than income tax [Policy Text Block]	The income and expense directly recognized in consolidated equity that do not increase or decrease taxable income are accounted for as temporary differences.
Accounting policy for provisions [Policy Text Block]	Provisions, contingent assets and contingent liabilities The heading “Provisions” in the consolidated balance sheets includes amounts recognized to cover the BBVA Group’s current obligations arising as a result of past events. These are certain in terms of nature but uncertain in terms of amount and/or settlement date. The settlement of these obligations is deemed likely to entail an outflow of resources embodying economic benefits (see Note 24). The obligations may arise in connection with legal or contractual provisions, valid expectations formed by Group entities relative to third parties in relation to the assumption of certain responsibilities or through virtually certain developments of particular aspects of the regulations applicable to the operation of the entities; and, specifically, future legislation to which the Group will certainly be subject. The provisions are recognized in the consolidated balance sheets when each and every one of the following requirements is met: – They represent a current obligation that has arisen from a past event. At the date of the Consolidated Financial Statements, there is more probability that the obligation will have to be met than that it will not. – It is probable that an outflow of resources embodying economic benefits will be required to settle the obligation. – The amount of the obligation can be reasonably estimated. Among other items, these provisions include the commitments made to employees by some of the Group entities mentioned in Note 2.2.11, as well as provisions for tax and legal litigation. Contingent assets are possible assets that arise from past events and whose existence is conditional on, and will be confirmed only by, the occurrence or non-occurrence of events beyond the control of the Group. Contingent assets are not recognized in the consolidated balance sheet or in the consolidated income statement; however, they will be disclosed, should they exist, in the Notes to the Consolidated Financial Statements, provided that it is probable they will give rise to an increase in resources embodying economic benefits (see Note 34). Contingent liabilities are possible obligations of the Group that arise from past events and whose existence is conditional on the occurrence or non-occurrence of one or more future events beyond the control of the Group. They also include the existing obligations of the Group when it is not probable that an outflow of resources embodying economic benefits will be required to settle them; or when, in extremely rare cases, their amount cannot be measured with sufficient reliability. Contingent liabilities are not recognized in the consolidated balance sheet or the income statement (excluding contingent liabilities from business combinations) but are disclosed in the Notes to the Consolidated Financial Statements, unless the possibility of an outflow of resources embodying economic benefits is remote.
Accounting policy for employee benefits [Policy Text Block]	Pensions and other post-employment commitments Below we provide a description of the most significant accounting policies relating to post-employment and other employee benefit commitments assumed by BBVA Group entities (see Note 25). Short-term employee benefits Benefits for current active employees which are accrued and settled during the year and for which a provision is not required in the entity´s accounts. These include wages and salaries, social security charges and other personnel expense. Costs are charged and recognized under the heading “Administration costs – Personnel expense – Other personnel expense” of the consolidated income statement (see Note 44.1). Post-employment benefits – Defined-contribution plans The Group sponsors defined-contribution plans for the majority of its active employees. The amount of these benefits is established as a percentage of remuneration and/or as a fixed amount. The contributions made to these plans in each year by BBVA Group entities are charged and recognized under the heading “Administration costs – Personnel expense– Defined-contribution plan expense” of the consolidated income statement (see Note 44.1). Post-employment benefits – Defined-benefit plans Some Group entities maintain pension commitments with employees who have already retired or taken early retirement, certain closed groups of active employees still accruing defined benefit pensions, and in-service death and disability benefits provided to most active employees. These commitments are covered by insurance contracts, pension funds and internal provisions. In addition, some of the Spanish entities have offered certain employees the option to retire before their normal retirement age, recognizing the necessary provisions to cover the costs of the associated benefit commitments, which include both the liability for the benefit payments due as well as the contributions payable to external pension funds during the early retirement period. Furthermore, certain Group entities provide welfare and medical benefits which extend beyond the date of retirement of the employees entitled to the benefits. All of these commitments are quantified based on actuarial valuations, with the amounts recorded under the heading “Provisions – Provisions for pensions and similar obligations” in the consolidated balance sheet and determined as the difference between the value of the defined-benefit commitments and the fair value of plan assets at the date of the Consolidated Financial Statements (see Note 25). Current service cost is charged and recognized under the heading “Administration costs – Personnel expense – Defined-benefit plan expense” of the consolidated income statement (see Note 44.1). Interest credits/charges relating to these commitments are charged and recognized in net terms under the headings “Interest and other income” or, where appropriated, “Interest expense” of the consolidated income statement (see Note 37). Past service costs arising from benefit plan changes as well as early retirements granted during the year are recognized under the heading “Provisions or reversals of provisions” of the consolidated income statement (see Note 46). Other long-term employee benefits In addition to the above commitments, certain Group entities provide long-term service awards to their employees, consisting of monetary amounts or periods of vacation granted upon completion of a number of years of qualifying service. This heading also includes the commitments related to the termination of employment contracts according to the collective layoff procedure carried out in BBVA, S.A. These commitments are quantified based on actuarial valuations and the amounts recorded under the heading “Provisions – Other long-term employee benefits” of the consolidated balance sheet (see Note 24). Valuation of commitments: actuarial assumptions and recognition of gains/losses The present value of these commitments is determined based on individual member data. Active employee costs are determined using the “projected unit credit” method, which treats each period of service as giving rise to an additional unit of benefit and values each unit separately. In establishing the actuarial assumptions we take into account that: – They should be unbiased, i.e. neither unduly optimistic nor excessively conservative. – Each assumption does not contradict the others and adequately reflects the existing relationship between economic variables such as price inflation, expected wage increases, discount rates and the expected return on plan assets, etc. Future wage and benefit levels should be based on market expectations, at the balance sheet date, for the period over which the obligations are to be settled. – The interest rate used to discount benefit commitments is determined by reference to market yields, at the balance sheet date, on high quality bonds. The BBVA Group recognizes actuarial gains (losses) relating to early retirement benefits, long service awards and other similar items under the heading “Provisions or reversal of provisions” of the consolidated income statement for the period in which they arise (see Note 46). Actuarial gains (losses) relating to pension and medical benefits are directly charged and recognized under the heading "Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss – Actuarial gains (losses) on defined benefit pension plans" of equity in the consolidated balance sheet (see Note 30).
Accounting policy for share based payment transactions [Policy Text Block]	Equity-settled share-based payment transactions Equity –settled share-based payment transactions, provided they constitute the delivery of such equity instruments once completion of a specific period of services has occurred, are recognized as an expense for services being provided by employees, with a corresponding entry under the heading “Shareholders’ funds – Other equity instruments” in the consolidated balance sheet. These services are measured at fair value for the employees services received, unless such fair value cannot be calculated reliably. In such case, they are measured by reference to the fair value of the equity instruments granted, taking into account the date on which the commitments were granted and the terms and other conditions included in the commitments. When the initial compensation agreement includes what may be considered market conditions among its terms, any changes in these conditions will not be reflected in the consolidated income statement, as these have already been accounted for in calculating the initial fair value of the equity instruments. Non-market vesting conditions are not taken into account when estimating the initial fair value of equity instruments, but they are taken into account when determining the number of equity instruments to be issued. This will be recognized on the consolidated income statement with the corresponding increase in total consolidated equity.
Accounting policy for termination benefits [Policy Text Block]	Termination benefitsTermination benefits are recognized in the financial statements when the BBVA Group agrees to terminate employment contracts with its employees or from the time the costs for a restructuring that involves the payment of compensation for the termination of contracts with its employees are recorded. This happens when there is a formal and detailed plan in which the fundamental modifications to be made are identified, and whenever said plan has begun to be executed or its main characteristics or objective facts about its execution have been publicly announced.
Accounting policy for treasury shares [Policy Text Block]	Treasury shares The value of common stock issued by the BBVA Group’s entities and held by them - basically, shares and derivatives on the Bank’s shares held by some consolidated entities that comply with the requirements to be recognized as equity instruments - are recognized as a decrease to net equity, under the heading "Shareholders’ funds - Treasury stock" in the consolidated balance sheets (see Note 29). These financial assets are recognized at acquisition cost, and the gains or losses arising on their disposal are credited or debited, as appropriate, to the heading “Shareholders’ funds - Retained earnings” in the consolidated balance sheets (see Note 28). In the event of a contractual obligation to acquire treasury shares, a financial liability is recorded as the present value of the amount committed (under the heading "Financial liabilities at amortized cost - Other financial liabilities") and the corresponding recognition in net equity (under the heading “Equity - Other Reserves) (see Notes 22.5 and 28).
Accounting policy for functional currency balance sheet [Policy Text Block]	Foreign-currency transactions and exchange differences The currency in which the Financial Statements of the BBVA Group are presented is the euro. As such, all balances and transactions denominated in currencies other than the euro are deemed to be expressed in “foreign currency”. Conversion to euros of the balances held in foreign currency is performed in two consecutive stages: – Conversion of the foreign currency to the entity’s functional currency (currency of the main economic environment in which the entity operates); and – Conversion to euros of the balances held in the functional currencies of the entities whose functional currency is not the euro. Conversion of the foreign currency to the entity’s functional currency Transactions denominated in foreign currencies carried out by the consolidated entities (or entities accounted for using the equity method) are initially accounted for in their respective currencies. Subsequently, the monetary balances in foreign currencies are converted to their respective functional currencies using the exchange rate at the close of the financial year. In addition, – Non-monetary items valued at their historical cost are converted to the functional currency at the exchange rate applicable on the purchase date. – Non-monetary items valued at their fair value are converted at the exchange rate in force on the date on which such fair value was determined. – Monetary items are converted to the functional currency at the closing exchange rate. – Income and expense are converted at the period’s average exchange rates for all the operations carried out during the year. When applying this criterion the BBVA Group considers whether significant variations have taken place in exchange rates during the year which, owing to their impact on the statements as a whole, may require the application of exchange rates as of the date of the transaction instead of such average exchange rates. The exchange differences produced when converting the balances in foreign currency to the functional currency of the consolidated entities are generally recognized under the heading "Exchange differences, net" in the consolidated income statements (see Note 41). However, the exchange differences in non-monetary items measured at fair value are recorded to equity under the heading “Accumulated other comprehensive income (loss) - Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30). Conversion of functional currencies to euros The balances in the financial statements of consolidated entities whose functional currency is not the euro are converted to euros as follows: – Assets and liabilities: at the closing spot exchange rates as of the date of each of the consolidated balance sheets. – Income and expense and cash flows are converted by applying the exchange rate applicable on the date of the transaction, and the average exchange rate for the financial year may be used, unless it has undergone significant variations during the year. – Equity items: at the historical exchange rates. The exchange differences arising from the conversion to euros of balances in the functional currencies of the consolidated entities whose functional currency is not the euro are recognized under the heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation” in the consolidated balance sheets (Notes 30 and 31 respectively). Meanwhile, the differences arising from the conversion to euros of the financial statements of entities accounted for by the equity method are recognized under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Share of other recognized income and expense of investments in joint ventures and associates" (Note 30), until the item to which they relate is derecognized, at which time they are recognized in the income statement. The financial statements of companies of hyperinflationary economies are restated for the effects of changes in prices before their conversion to euros following the provisions of IAS 29 "Financial information in hyperinflationary economies" (see Note 2.2.19). Both these adjustments for inflation and the exchange differences that arise when converting the financial statements of companies into hyperinflationary economies are accounted for in “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation”. The breakdown of the main consolidated balances in foreign currencies, with reference to the most significant foreign currencies, is set forth in Appendix VII. Venezuela Local financial statements of the Group subsidiaries in Venezuela are expressed in Venezuelan Bolivar, and converted into euros for the consolidated financial statements. Venezuela is a country with strong exchange restrictions that has different rates officially published, and, since December 31, 2015, the Board of Directors considers that the use of these exchanges rates for converting bolivars into euros in preparing the Consolidated Financial Statements does not reflect the true picture of the financial statements of the Group and the financial position of the Group subsidiaries in this country. Therefore, since the year ended December 31, 2015, the exchange rate for converting bolivars into euros is an estimation taking into account the evolution of the estimated inflation in Venezuela.
Accounting policy for functional currency income statement [Policy Text Block]	Conversion of the foreign currency to the entity’s functional currency Transactions denominated in foreign currencies carried out by the consolidated entities (or entities accounted for using the equity method) are initially accounted for in their respective currencies. Subsequently, the monetary balances in foreign currencies are converted to their respective functional currencies using the exchange rate at the close of the financial year. In addition, – Non-monetary items valued at their historical cost are converted to the functional currency at the exchange rate applicable on the purchase date. – Non-monetary items valued at their fair value are converted at the exchange rate in force on the date on which such fair value was determined. – Monetary items are converted to the functional currency at the closing exchange rate. – Income and expense are converted at the period’s average exchange rates for all the operations carried out during the year. When applying this criterion the BBVA Group considers whether significant variations have taken place in exchange rates during the year which, owing to their impact on the statements as a whole, may require the application of exchange rates as of the date of the transaction instead of such average exchange rates. The exchange differences produced when converting the balances in foreign currency to the functional currency of the consolidated entities are generally recognized under the heading "Exchange differences, net" in the consolidated income statements (see Note 41). However, the exchange differences in non-monetary items measured at fair value are recorded to equity under the heading “Accumulated other comprehensive income (loss) - Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30). Conversion of functional currencies to euros The balances in the financial statements of consolidated entities whose functional currency is not the euro are converted to euros as follows: – Assets and liabilities: at the closing spot exchange rates as of the date of each of the consolidated balance sheets. – Income and expense and cash flows are converted by applying the exchange rate applicable on the date of the transaction, and the average exchange rate for the financial year may be used, unless it has undergone significant variations during the year. – Equity items: at the historical exchange rates. The exchange differences arising from the conversion to euros of balances in the functional currencies of the consolidated entities whose functional currency is not the euro are recognized under the heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation” in the consolidated balance sheets (Notes 30 and 31 respectively). Meanwhile, the differences arising from the conversion to euros of the financial statements of entities accounted for by the equity method are recognized under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Share of other recognized income and expense of investments in joint ventures and associates" (Note 30), until the item to which they relate is derecognized, at which time they are recognized in the income statement. The financial statements of companies of hyperinflationary economies are restated for the effects of changes in prices before their conversion to euros following the provisions of IAS 29 "Financial information in hyperinflationary economies" (see Note 2.2.19). Both these adjustments for inflation and the exchange differences that arise when converting the financial statements of companies into hyperinflationary economies are accounted for in “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation”. The breakdown of the main consolidated balances in foreign currencies, with reference to the most significant foreign currencies, is set forth in Appendix VII. Venezuela Local financial statements of the Group subsidiaries in Venezuela are expressed in Venezuelan Bolivar, and converted into euros for the consolidated financial statements. Venezuela is a country with strong exchange restrictions that has different rates officially published, and, since December 31, 2015, the Board of Directors considers that the use of these exchanges rates for converting bolivars into euros in preparing the Consolidated Financial Statements does not reflect the true picture of the financial statements of the Group and the financial position of the Group subsidiaries in this country. Therefore, since the year ended December 31, 2015, the exchange rate for converting bolivars into euros is an estimation taking into account the evolution of the estimated inflation in Venezuela.
Accounting policy for recognition of revenue and expenses [Policy Text Block]	Recognition of income and expenseThe most significant policies used by the BBVA Group to recognize its income and expense are as follows.
Accounting policy for interest income and expense [Policy Text Block]	Interest income and expense and similar items: As a general rule, interest income and expense and similar items are recognized on the basis of their period of accrual using the effective interest rate method. They shall be recognized within the consolidated income statement according to the following criteria, independently from the financial instruments’ portfolio which generates the income or expense: a. The interest income past-due before the initial recognition and pending to be received will form part of the gross carrying amount of the debt instrument. b. The interest income accrued after the initial recognition will form part of the gross carrying amount of the debt instrument until it will be received. The financial fees and commissions that arise on the arrangement of loans and advances (basically origination and analysis fees) are deferred and recognized in the income statement over the expected life of the loan. From that amount, the transaction costs identified as directly attributable to the arrangement of the loans and advances are deducted. These fees are part of the effective interest rate for the loans and advances. Once a debt instrument has been impaired, interest income is recognized applying the effective interest rate used to discount the estimated recoverable cash flows on the carrying amount of the asset. – Income from dividends received: Dividends shall be recognized within the consolidated income statement according to the following criteria, independently from the financial instruments’ portfolio which generates this income: a. When the right to receive payment has been declared before the initial recognition and when the payment is pending to be received, the dividends will not form part of the gross carrying amount of the equity instrument and will not be recognized as income. Those dividends are accounted for as financial assets separately from the net equity instrument. b. If the right to receive payment is received after the initial recognition, the dividends from the net equity instruments will be recognized within the consolidated income statement. If the dividends correspond to the profits of the issuer before the date of initial recognition, they will not be recognized as income but as reduction of the gross carrying amount of the equity instrument because it represents a partial recuperation of the investment. Amongst other circumstances, the generation date can be considered to be prior to the date of initial recognition if the amounts distributed by the issuer as from the initial recognition are higher than its profits during the same period.
Accounting policy for fee and commission income and expense [Policy Text Block]	Commissions, fees and similar items: Income and expense relating to commissions and similar fees are recognized in the consolidated income statement using criteria that vary according to the nature of such items. The most significant items in this connection are: a. Those relating to financial assets and liabilities measured at fair value through profit or loss, which are recognized when collected/paid. b. Those arising from transactions or services that are provided over a period of time, which are recognized over the life of these transactions or services. c. Those relating to a singular transaction, which are recognized when this singular transaction is carried out.
Accounting policy for recognising difference between fair value at initial recognition and amount determined using valuation technique [Policy Text Block]	Non-financial income and expense: These are recognized for accounting purposes on an accrual basis. – Deferred collections and payments: These are recognized for accounting purposes at the amount resulting from discounting the expected cash flows at market rates.
Accounting policy for recognition of non financial services revenue [Policy Text Block]	Sales of assets and income from the provision of non-financial servicesThe heading “Other operating income” in the consolidated income statements includes the proceeds of the sales of assets and income from the services provided by the Group entities that are not financial institutions. In the case of the Group, these entities are mainly real estate and service entities (see Note 42).
Accounting policy for leases [Policy Text Block]	Leases The lessee accounting model requires the lessee to record assets and liabilities for all lease contracts. A lessee is required to recognize a right-of-use asset representing its right to use the underlying leased asset, which is recorded under the headings ‘‘Tangible assets – Property plants and equipment’’ and ‘‘Tangible assets – Investment properties’’ of the consolidated balance sheet (see Note 17) and a lease liability representing its obligation to make lease payments which is recorded under the heading ‘‘ Financial liabilities at amortized cost – Other financial liabilities’’ in the consolidated balance sheet (see Note 22.5). The standard provides two exceptions for the recognition of lease assets and liabilities that can be applied in the case of short-term contracts and those in which the underlying assets have low value. BBVA elected to apply both exceptions. At the initial date of the lease, the lease liability represents the present value of all lease unpaid payments. The liabilities registered under this heading of the consolidated balance sheets are measured after their initial recognition at amortized cost, this being determined in accordance with the “effective interest rate” method. The right to use assets are initially recorded at cost. This cost includes the initial measurement of the lease liability, any payment made on or before the initial date less any lease incentives received, all direct initial expenses incurred, as well as an estimate of the expenses to be incurred by the lessee for dismantling or rehabilitation, such as expenses related to the removal and dismantling of the underlying asset. The right to use assets recorded under this heading of the consolidated balance sheets are measured after their initial recognition at cost less: – The accumulated depreciation and accumulated impairment. – Any remeasurement of the lease liability. The interest expense on the lease liability is recorded in the consolidated income statements under the heading “Interest expense” (see note 37.2). Variable payments not included in the initial measurement of the lease liability are recorded under the heading “Administration costs – Other administrative expense” (see Note 44.2). Amortization is calculated using the straight-line method over the lifetime of the lease contract, on the basis of the cost of the assets. The tangible asset depreciation charges are recognized in the accompanying consolidated income statements under the heading "Depreciation and Amortization" (see Note 45). When electing one of the exceptions in order not to recognize the corresponding right to use and the liability in the consolidated balance sheets, payments related to the corresponding lease are recognized in the consolidated income statements, over the contract period, lineally, or in the way that best represents the structure of the lease operation, under the heading "Other operating expense” (see Note 42). Operating lease and sublease incomes are recognized in the consolidated income statements under the headings “Other operating income” (see Note 42). As a lessor, lease contracts are classified as finance leases from the inception of the transaction if they substantially transfer all the risks and rewards incidental to ownership of the asset forming the subject-matter of the contract. Leases other than finance leases are classified as operating leases. When the consolidated entities act as the lessor of an asset under finance leases, the aggregate present values of the lease payments receivable from the lessee plus the guaranteed residual value (normally the exercise price of the lessee’s purchase option on expiration of the lease agreement) are recognized as financing provided to third parties and, therefore, are included under the heading “Loans and advances” in the accompanying consolidated balance sheets (see Note 14). When the consolidated entities act as lessors of an asset in operating leases, the acquisition cost of the leased assets is recognized under "Tangible assets – Property, plant and equipment – Other assets leased out under an operating lease" in the consolidated balance sheets (see Note 17). These assets are depreciated in line with the criteria adopted for items of tangible assets for own use, while the income arising from the lease arrangements is recognized in the consolidated income statements on a straight-line basis within “Other operating income” and "Other operating expense" (see Note 42). If a fair value sale and leaseback results in a lease, the profit or loss generated from the effectively transferred part of the sale is recognized in the consolidated income statement at the time of sale (only for the effectively transmitted part). The assets leased out under operating lease contracts to other entities in the Group are treated in the Consolidated Financial Statements as for own use, and thus rental expense and income is eliminated in consolidation and the corresponding depreciation is recognized.
Accounting policies for entities and branches located in countries with hiperinflationary economies [Policy Text Block]	Entities and branches located in countries with hyperinflationary economies In accordance with the criteria established in IAS 29 "Financial Reporting in Hyperinflationary Economies”, to determine whether an economy has a high inflation rate the country's economic situation is examined, analyzing whether certain circumstances are fulfilled, such as whether the population prefers to keep its wealth or savings in non-monetary assets or in a relatively stable foreign currency, whether prices can be set in that currency, whether interest rates, wages and prices are pegged to a price index or whether the accumulated inflation rate over three years reaches or exceeds 100%. The fact that any of these circumstances is fulfilled will not be a decisive factor in considering an economy hyperinflationary, but it does provide some reasons to consider it as such. Argentina Since 2018, the economy of Argentina has been considered hyperinflationary under the above criteria. As a result, the financial statements of the BBVA Group’s entities located in Argentina have therefore been adjusted to correct for the effects of inflation. During 2021, 2020 and 2019, the increase in equity of Group entities located in Argentina derived from the re-expression for hyperinflation (IAS 29) amounts to €481, €343 and €470 million, respectively, of which €319, €228 and €313 million, respectively, have been recorded within “Equity – Accumulated other comprehensive income (loss)” and €161, €115 and €157 million, respectively, within “Minority interests – Accumulated other comprehensive income (loss)”. Furtherm ore, durin g 2021, 2020 and 2019 the decrease in the reserves of Group entities located in Argentina derived from the conversion to the euro (IAS 21) amounted to €143, €482 and €460 million, respectively, of which €94, €320 and €305 million, respectively, have been recorded within “Equity – Accumulated other comprehensive income (loss)”, and €49, €162 and €155 million, respectively, within “Minority interests – Accumulated other comprehensive income (loss)”. The net impact of both effects is presented under the caption “Other increases or (-) decreases in equity” in the consolidated statement of changes in equity for the years ended December 31, 2021, 2020 and 2019. The net loss in the profit attributable to the parent company of the Group in 2021, 2020 and 2019 derived from the application of IAS 29 amounted to €255, €148 and €190 million, respectively. In addition, there is a net loss in the profit attributable to the parent company of the Group in 2021, 2020 and 2019 derived from the application of IAS 21 which amounted to €3, €26 and €34 million, respectively. During 2021, 2020 and 2019 the General Price Index (“GPI”) used was 582, 387 and 285 respectively. Likewise, the inflation index at the end of 2021, 2020 and 2019 was 50.7%, 36.5% and 55% respectively. Venezuela Since 2009, the economy of Venezuela has been considered hyperinflationary under the above criteria. As a result, the financial statements of the BBVA Group’s entities located in Venezuela have therefore been adjusted to correct for the effects of inflation. The losses recognized under the heading “Profit attributable to the parent company” in the accompanying consolidated income statement as a result of the adjustment for inflation on net monetary position of the Group entities in Venezuela amounted to €6, €5 and €8 million in 2021, 2020 and 2019, respectively (see Note 2.2.15).

Note 2 (Tables)

Note 2 (Tables)	12 Months Ended
	Dec. 31, 2021
Principles Of Consoldiation, Acounting policies and measurement bases applied and recent IFRS pronouncements [Abstract]
Depreciation rates for tangible assets [Table Text Block]	The tangible asset depreciation charges are recognized in the accompanying consolidated income statements under the heading "Depreciation and Amortization" (see Note 45) and are based on the application of the following depreciation rates (determined on the basis of the average years of estimated useful life of the various assets): Depreciation rates for tangible assets Type of assets Annual Percentage Buildings for own use 1% - 4% Furniture 8% - 10% Fixtures 6% - 12% Office supplies and hardware 8% - 25% Lease use rights The lesser of the lease term or the useful life of the underlying asset
Hedging Intsruments Affected By IBOR [Table Text Block]	Below is the BBVA Group's exposure to financial assets and liabilities maturing after the transition dates of these IBORs to their corresponding RFRs. At the end of the year, thanks to efforts in remediation of contracts, the BBVA Group has transition fallbacks or a synthetic or statutory solution for all operations with EONIA and LIBOR EUR, CHF, GBP, JPY and USD (for terms of one week and two months) pending transition as of December 31, 2021. The table shows the gross amounts in the case of loans and advances to customers, asset and liability debt instruments, and deposits and, in the case of derivatives, their notional value is shown: Millions of Euros Loans & Advances Debt Securities Assets Debt Securities Issued (Liabilities) Deposits Derivatives (notional) EONIA with maturity > December 31, 2021 59 — — 371 7,079 LIBOR ex USD & LIBOR USD 1W/2M with maturity > December 31, 2021 1,568 — 243 846 27,343 LIBOR USD with maturity > June 30, 2023 21,256 158 1,974 2,015 474,701 Total 22,883 158 2,217 3,232 509,122

Note 3 (Tables)

Note 3 (Tables)	12 Months Ended
	Dec. 31, 2021
BBVA Group [Abstract]
Contribution to consolidated group total assets entities by main activities [Table Text Block]	The following table sets forth information related to the Group’s total assets as of December 31, 2021, 2020 and 2019, broken down by the Group’s entities according to their activity: Contribution to Consolidated Group total assets. Entities by main activities (Millions of euros) 2021 2020 2019 Banking and other financial services 631,683 703,304 664,100 Insurance and pension fund managing companies 29,657 28,667 29,300 Other non-financial services 1,545 1,826 2,071 Total 662,885 733,797 695,471

Note 4 (Tables)

Note 4 (Tables)	12 Months Ended
	Dec. 31, 2021
Shareholder Remuneration System [Abstract]
Available amount for interim dividend payments [Table Text Block]	The Annual General Meeting held on April 20, 2021 approved, in the third item of its agenda, a cash distribution from the issue premium account of €0.059 per share as shareholder remuneration in respect of the Group’s 2020 earnings for each of the Bank's outstanding shares, all this in compliance with recommendation ECB/2020/62, which was paid on April 29, 2021. The total amount was €393 million and was recognized under the heading “Total Equity – Share Premium” of the consolidated balance sheet as of December 31, 2021 (see Note 27). On July 23, 2021, the European Central Bank published the approval of recommendation ECB/2021/31 repealing recommendation ECB/2020/62 from September 30, 2021, whereby the ECB indicated that it would assess capital, dividend distribution and share buyback plans of each financial institution in the context of their ordinary supervisory process, eliminating the remaining restrictions on dividend and share buyback related matters established in recommendation ECB/2020/62. In keeping with the above, the Board of Directors, at its meeting held on September 30, 2021, approved the payment in cash of €0.08 (€0.0648 net of withholding tax) per BBVA share, as gross interim dividend against 2021 results. The total amount paid to shareholders on October 12, 2021, after deducting treasury shares held by the Group's companies, amounted to €532 million and is recognized under the heading "Shareholder’s funds - Total equity- Interim dividends" of the consolidated balance sheet as of December 31, 2021. The forecasted financial statement, drawn up in compliance with the applicable legal requirements, which evidenced the existence of sufficient liquidity to distribute the abovementioned amount approved on September 29, 2021 was the following: Available amount for interim dividend payments (Millions of Euros) August 31, 2021 Profit of BBVA, S.A., after the provision for income tax 934 Maximum amount distributable 934 Amount of proposed interim dividend 533 BBVA cash balance available to the date 31,887
Application of results [Table Text Block]	Below is included a breakdown of the distribution of the Bank´s earnings for financial year 2021, which the Board of Directors will submit to the Annual General Meeting for approval. Allocation of earnings (Millions of Euros) 2021 Profit (loss) for year 1,080 Distribution Interim dividends 533 Reserves / Accumulated gains 547

Note 5 (Tables)

Note 5 (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings per share [abstract]
Basic and diluted earnings per share [Table Text Block]	The calculation of earnings per share is as follows: Basic and Diluted Earnings per Share 2021 2020 2019 Numerator for basic and diluted earnings per share (millions of euros) Profit attributable to parent company 4,653 1,305 3,512 Adjustment: Additional Tier 1 securities (*) (359) (387) (419) Profit adjusted (millions of euros) (A) 4,293 917 3,093 Profit (loss) from continued operations (net of remuneration of Additional Tier 1 capital instruments) 4,014 2,646 3,851 Profit (loss) from discontinued operations (net of non-controlling interest) (B) (See Note 21) 280 (1,729) (758) Denominator for basic earnings per share (number of shares outstanding) — — — Weighted average number of shares outstanding (**) 6,668 6,668 6,668 Average treasury shares (12) (13) (20) Share buyback program (***) (255) — — Adjusted number of shares - Basic earnings per share (C) 6,401 6,655 6,648 Adjusted number of shares - diluted earnings per share (D) 6,401 6,655 6,648 Earnings (losses) per share (****) 0.67 0.14 0.47 Basic earnings (losses) per share from continuing operations (Euros per share)A-B/C 0.63 0.40 0.58 Diluted earnings (losses) per share from continuing operations (Euros per share)A-B/D 0.63 0.40 0.58 Basic earnings (losses) per share from discontinued operations (Euros per share)B/C 0.04 (0.26) (0.11) Diluted earnings (losses) per share from discontinued operations (Euros per share)B/D 0.04 (0.26) (0.11) (*) Remuneration in the year related to contingent convertible securities, recognized in equity (see Note 22.4). (**) Weighted average number of shares outstanding (millions of euros), excluding weighted average of treasury shares during the year. (***) Consists of 112 million shares acquired between November 22 and December 31, 2021, by J.P. Morgan AG, as manager of the first tranche of the shares buyback program approved by the Board of Directors in October 2021 (€1,500 million); and the estimated number of shares pending to be acquired under such tranche as of December 31, 2021 (see Note 4) (****) In 2021, 2020 and 2019 the weighted average number of shares outstanding was 6,668 million. The adjustment of additional Tier 1 securities amounted to €359, €387 and €419 million in 2021, 2020 and 2019, respectively.

Note 6 (Tables)

Note 6 (Tables)	12 Months Ended
	Dec. 31, 2021
Operating Segments Reporting [Abstract]
Total Group assets by operating segments [Table Text Block]	The breakdown of the BBVA Group’s total assets by operating segments as of December 31, 2021, 2020 and 2019, is as follows: Total Group assets by operating segments (Millions of Euros) 2021 2020 (*) 2019 (*) Spain 413,477 408,030 367,678 Mexico 118,106 110,236 109,087 Turkey 56,245 59,585 64,416 South America 56,124 55,436 54,996 Rest of Business 40,314 35,172 32,891 Subtotal assets by operating segments 684,266 668,460 629,068 Corporate Center and adjustments (21,381) 65,336 66,403 Total assets BBVA Group 662,885 733,797 695,471 (*) The figures corresponding to 2020 and 2019 have been restated.
Main margins and profit by operating segments [Table Text Block]	The following table sets forth certain summarized information relating to results of each operating segment and Corporate Center for the years ended December 31, 2021, 2020 and 2019: Main margins and profit by operating segments (Millions of euros) Operating Segments BBVA Group Spain Mexico Turkey South America Rest of Business Corporate Center 2021 Net interest income 14,686 3,502 5,836 2,370 2,859 281 (163) Gross income 21,066 5,925 7,603 3,422 3,162 741 212 Operating income 11,536 2,895 4,944 2,414 1,661 291 (668) Operating profit (loss) before tax 7,247 2,122 3,528 1,953 961 314 (1,632) Profit (loss) after tax from discontinued operations 280 — — — — — 280 Net attributable profit (loss) 4,653 1,581 2,568 740 491 254 (980) 2020 (*) Net interest income 14,592 3,566 5,415 2,783 2,701 291 (164) Gross income 20,166 5,567 7,025 3,573 3,225 839 (63) Operating income 11,079 2,528 4,680 2,544 1,853 372 (898) Operating profit (loss) before tax 5,248 823 2,475 1,522 896 280 (748) Profit (loss) after tax from discontinued operations (1,729) — — — — — (1,729) Net attributable profit (loss) 1,305 652 1,761 563 446 222 (2,339) 2019 (*) Net interest income 15,789 3,585 6,209 2,814 3,196 236 (252) Gross income 21,522 5,674 8,034 3,590 3,850 728 (353) Operating income 11,368 2,420 5,383 2,375 2,276 249 (1,336) Operating profit (loss) before tax 7,046 1,896 3,690 1,341 1,396 222 (1,499) Profit (loss) after tax from discontinued operations (758) — — — — — (758) Net attributable profit (loss) 3,512 1,436 2,698 506 721 184 (2,032) (*) The figures of the Operating Segments corresponding to 2020 and 2019 have been restated.

Note 7 (Tables)

Note 7 (Tables)	12 Months Ended
	Dec. 31, 2021
Risk Management [Abstract]
Amount of payment deferral and financing with public guarantees of the Group [Table Text Block]	The outstanding balance of existing loans for which a payment deferral was granted (split by those existing at year-end and those that were completed by year-end) under EBA standards and for which financing was granted with public guarantees given at a Group level, as well as the number of customers of both measures, as of December 31, 2021 and 2020 are as follows: Amount of payment deferral and financing with public guarantees of the Group (Millions of Euros) Payment deferral Financing with public guarantees Existing Completed Total Number of customers Total Number of customers Total payment deferral and guarantees (%) credit investment December 2021 189 21,743 21,931 2,188,720 16,093 264,809 38,025 10.9 % December 2020 (*) 6,536 21,868 28,405 2,779,964 16,053 249,458 44,458 12.9 % (*) Figures as of December 2020 do not include the companies sold in the United States in 2021.
Amount of payment deferral and financing with public guarantees by concept [Table Text Block]	The outstanding balance of existing loans for which a payment deferral was granted (split by those existing at year-end and those that were completed by year-end) under EBA standards and for which financing was granted with public guarantees given at a Group level, broken down by segment, as of December 31, 2021 and 2020 are as follows: Amount of payment deferral and financing with public guarantees by concept (Millions of Euros) Payment deferral Financing with public guarantees Existing Completed Total 2021 2020 (*) 2021 2020 (*) 2021 2020 (*) 2021 2020 (*) Group 189 6,536 21,743 21,868 21,931 28,405 16,093 16,053 Households 107 4,503 14,904 14,550 15,011 19,052 1,376 1,235 Of which: Mortgages 97 3,587 10,195 7,471 10,291 11,059 6 1 SMEs 44 1,023 3,950 4,743 3,994 5,766 10,911 10,573 Non-financial corporations 37 961 2,766 2,397 2,803 3,358 3,788 4,232 Other — 50 122 179 122 229 18 13 (*) Figures as of December 2020 do not include the companies sold in the United States in 2021.
Amount of payment deferral by stages [Table Text Block]	Amount of payment deferral by stages (Millions of Euros) Stage 1 Stage 2 Stage 3 Total 2021 2020 (*) 2021 2020 (*) 2021 2020 (*) 2021 2020 (*) Group 13,236 18,602 6,252 7,736 2,444 2,066 21,931 28,405 Households 9,167 12,336 3,707 4,997 2,137 1,719 15,011 19,052 Of which: Mortgages 6,360 7,347 2,444 2,844 1,487 867 10,291 11,059 SMEs 2,609 4,147 1,131 1,327 254 292 3,994 5,766 Non-financial corporations 1,364 1,903 1,387 1,399 53 56 2,803 3,358 Other 95 216 27 13 — — 122 229 (*) Figures as of December 2020 do not include the companies sold in the United States in 2021.
Positive scenario of GDP, unemployment rate and HPI for the main geographies [Table Text Block]	BBVA Research forecasts a maximum of five years for the macroeconomic variables. The following estimates for the next five years of the Gross Domestic Product (GDP) growth, of the unemployment rate and of the House Price Index (HPI), for the most relevant countries where it represents a significant factor, are determined by BBVA Research and have been used at the time of the calculation of the ECL as of December 31, 2021: Positive scenario of GDP, unemployment rate and HPI for the main geographies Spain Mexico Turkey Date GDP Unemployment HPI GDP Unemployment HPI GDP Unemployment 2021 5.52 % 14.42 % 0.33 % 6.39 % 4.18 % 2.35 % 11.63 % 11.90 % 2022 6.14 % 12.50 % 4.70 % 4.07 % 3.89 % 5.38 % 5.60 % 11.35 % 2023 5.13 % 10.05 % 3.06 % 2.81 % 3.75 % 3.85 % 5.80 % 11.93 % 2024 2.61 % 8.48 % 1.87 % 2.17 % 3.69 % 3.07 % 3.62 % 12.66 % 2025 2.22 % 7.49 % 1.56 % 1.88 % 3.64 % 4.08 % 3.66 % 12.94 % 2026 2.19 % 6.71 % 1.19 % 1.83 % 3.59 % 3.95 % 3.66 % 13.05 % Peru Argentina Colombia Date GDP Unemployment GDP Unemployment GDP Unemployment 2021 13.60 % 11.33 % 9.91 % 15.12 % 9.89 % 15.36 % 2022 4.91 % 7.50 % 6.69 % 11.34 % 5.33 % 13.60 % 2023 3.78 % 6.82 % 3.02 % 9.48 % 3.38 % 13.22 % 2024 2.76 % 6.55 % 2.09 % 7.99 % 3.30 % 12.31 % 2025 2.34 % 6.52 % 2.16 % 6.89 % 3.44 % 11.58 % 2026 2.28 % 6.47 % 2.12 % 6.88 % 3.51 % 11.32 % The estimate for the next five years of the following rates, used in the measurement of the expected loss as of December 31, 2020, consistent with the latest estimates made public at that date, was: Positive scenario of GDP, unemployment rate and HPI for the main geographies Spain Mexico Turkey Date GDP Unemployment HPI GDP Unemployment HPI GDP Unemployment 2020 (11.20)% 16.44% (1.44)% (8.85)% 4.57% 1.71% 2.07% 13.45% 2021 6.63% 16.03% (3.28)% 4.58% 5.40% (1.23)% 9.08% 12.60% 2022 6.27% 12.72% 4.56% 3.80% 5.17% 0.32% 5.30% 11.58% 2023 2.95% 10.82% 5.79% 1.62% 5.04% 0.31% 4.13% 11.58% 2024 2.07% 9.58% 3.66% 1.47% 4.91% 1.01% 4.11% 11.19% 2025 2.01% 8.55% 3.57% 1.47% 4.76% 1.72% 4.10% 10.85% Peru Argentina Colombia Date GDP Unemployment GDP Unemployment GDP Unemployment 2020 (11.74) % 12.75 % (10.64) % 13.60 % (6.80) % 18.14 % 2021 12.56 % 10.29 % 9.95 % 14.39 % 6.80 % 16.14 % 2022 5.25 % 10.00 % 3.52 % 11.88 % 3.70 % 14.53 % 2023 3.68 % 8.73 % 2.08 % 8.99 % 3.15 % 14.28 % 2024 3.58 % 7.23 % 2.11 % 7.69 % 3.27 % 12.49 % 2025 3.35 % 6.88 % 2.14 % 6.78 % 3.60 % 12.28 %
Base scenario of GDP, unemployment rate and HPI for the main geographies [Table Text Block]	Base scenario of GDP, unemployment rate and HPI for the main geographies Spain Mexico Turkey Date GDP Unemployment HPI GDP Unemployment HPI GDP Unemployment 2021 5.23 % 14.93 % (0.20) % 5.98 % 4.22 % 2.46 % 9.46 % 12.43 % 2022 5.49 % 13.98 % 2.91 % 3.19 % 4.05 % 5.30 % 1.98 % 12.80 % 2023 4.89 % 11.68 % 2.04 % 2.54 % 3.92 % 3.68 % 5.04 % 12.93 % 2024 2.59 % 10.08 % 1.50 % 2.09 % 3.83 % 3.07 % 3.49 % 13.03 % 2025 2.22 % 9.05 % 1.10 % 1.87 % 3.77 % 4.08 % 3.54 % 13.13 % 2026 2.19 % 8.15 % 0.74 % 1.82 % 3.71 % 3.93 % 3.53 % 13.23 % Peru Argentina Colombia Date GDP Unemployment GDP Unemployment GDP Unemployment 2021 12.22 % 11.38 % 7.49 % 15.50 % 9.17 % 15.44 % 2022 2.32 % 7.70 % 2.30 % 12.35 % 4.02 % 13.86 % 2023 3.05 % 7.06 % 2.04 % 10.40 % 3.13 % 13.51 % 2024 2.76 % 6.76 % 1.98 % 8.60 % 3.29 % 12.60 % 2025 2.34 % 6.70 % 2.03 % 7.38 % 3.44 % 11.87 % 2026 2.28 % 6.64 % 1.99 % 7.38 % 3.51 % 11.53 % Base scenario of GDP, unemployment rate and HPI for the main geographies Spain Mexico Turkey Date GDP Unemployment HPI GDP Unemployment HPI GDP Unemployment 2020 (11.48) % 16.95 % (1.98) % (9.25) % 4.62 % 1.81 % (0.01) % 13.98 % 2021 5.99 % 17.51 % (5.08) % 3.71 % 5.57 % (1.32) % 5.52 % 14.05 % 2022 6.04 % 14.35 % 3.48 % 3.53 % 5.35 % 0.15 % 4.53 % 12.58 % 2023 2.93 % 12.41 % 5.44 % 1.55 % 5.19 % 0.31 % 4.01 % 11.95 % 2024 2.07 % 11.14 % 3.20 % 1.45 % 5.03 % 1.02 % 3.99 % 11.38 % 2025 2.01 % 9.99 % 3.12 % 1.46 % 4.88 % 1.71 % 3.98 % 11.03 % Peru Argentina Colombia Date GDP Unemployment GDP Unemployment GDP Unemployment 2020 (13.04) % 12.80 % (13.00) % 13.98 % (7.51) % 18.23 % 2021 10.05 % 10.48 % 5.54 % 15.40 % 5.48 % 16.40 % 2022 4.52 % 10.23 % 2.54 % 12.80 % 3.46 % 14.83 % 2023 3.69 % 8.93 % 1.98 % 9.60 % 3.15 % 14.57 % 2024 3.58 % 7.41 % 1.98 % 8.18 % 3.27 % 12.78 % 2025 3.35 % 7.06 % 2.01 % 7.28 % 3.60 % 12.55 %
Negative scenario of GDP, unemployment rate and HPI for the main geographies [Table Text Block]	Negative scenario of GDP, unemployment rate and HPI for the main geographies Spain Mexico Turkey Date GDP Unemployment HPI GDP Unemployment HPI GDP Unemployment 2021 4.95 % 15.41 % (0.82) % 5.58 % 4.27 % 2.54 % 7.29 % 12.94 % 2022 4.88 % 15.41 % 1.31 % 2.33 % 4.23 % 5.13 % (1.87) % 14.26 % 2023 4.68 % 13.25 % 1.09 % 2.26 % 4.10 % 3.48 % 4.09 % 13.99 % 2024 2.54 % 11.65 % 0.99 % 2.03 % 3.99 % 2.92 % 3.40 % 13.41 % 2025 2.18 % 10.62 % 0.35 % 1.82 % 3.90 % 4.05 % 3.47 % 13.31 % 2026 2.15 % 9.61 % (0.01) % 1.78 % 3.84 % 3.93 % 3.46 % 13.40 % Peru Argentina Colombia Date GDP Unemployment GDP Unemployment GDP Unemployment 2021 10.84 % 11.43 % 5.14 % 15.86 % 8.43 % 15.52 % 2022 (0.28) % 7.90 % (2.34) % 13.33 % 2.72 % 14.12 % 2023 2.31 % 7.30 % 0.85 % 11.29 % 2.83 % 13.79 % 2024 2.76 % 6.98 % 1.86 % 9.19 % 3.29 % 12.87 % 2025 2.34 % 6.91 % 1.88 % 7.83 % 3.43 % 12.13 % 2026 2.28 % 6.85 % 1.83 % 7.85 % 3.51 % 11.71 % Negative scenario of GDP, unemployment rate and HPI for the main geographies Spain Mexico Turkey Date GDP Unemployment HPI GDP Unemployment HPI GDP Unemployment 2020 (11.76) % 17.44 % (2.60) % (9.64) % 4.67 % 1.89 % (2.10) % 14.49 % 2021 5.37 % 18.94 % (6.69) % 2.84 % 5.75 % (1.48) % 1.75 % 15.51 % 2022 5.82 % 15.92 % 2.49 % 3.25 % 5.53 % (0.06) % 3.56 % 13.64 % 2023 2.88 % 13.99 % 4.94 % 1.48 % 5.34 % 0.17 % 3.92 % 12.33 % 2024 2.03 % 12.70 % 2.45 % 1.41 % 5.17 % 0.99 % 3.91 % 11.56 % 2025 1.97 % 11.45 % 2.36 % 1.41 % 5.02 % 1.70 % 3.91 % 11.20 % Peru Argentina Colombia Date GDP Unemployment GDP Unemployment GDP Unemployment 2020 (14.33) % 12.85 % (15.28) % 14.34 % (8.25) % 18.31 % 2021 7.53 % 10.69 % 0.89 % 16.38 % 4.16 % 16.66 % 2022 3.78 % 10.48 % 1.33 % 13.69 % 3.16 % 15.10 % 2023 3.69 % 9.15 % 1.86 % 10.19 % 3.15 % 14.84 % 2024 3.57 % 7.62 % 1.83 % 8.63 % 3.27 % 13.04 % 2025 3.35 % 7.27 % 1.86 % 7.75 % 3.60 % 12.80 %
Expected loss variation as of december [Table Text Block]	Variation in expected loss is determined both by re-staging (that is: in worse scenarios due to the recognition of lifetime credit losses for additional operations that are transferred to stage 2 from stage 1 where 12 months of losses are valued: or vice versa in improvement scenarios) as well as variations in the collective risk parameters (PD and LGD) of each financial instrument due to the changes defined in the macroeconomic forecasts of the scenario. Expected loss variation as of December 31, 2021 BBVA Group Spain Mexico Turkey GDP Total Portfolio Retail Mortgages Wholesaler Fixed income Total Portfolio Mortgages Companies Total Portfolio Mortgages Cards Total Portfolio Wholesale Retail -100pb 3.44% 3.18% 3.43% 4.87% 1.87% 3.33% 4.03% 4.16% 3.73% 2.06% 6.57% 2.39% 2.03% 2.67% +100pb (3.20)% (2.96)% (2.92)% (4.54)% (1.82)% (3.06)% (3.35)% (3.97)% (3.56)% (1.96)% (6.07)% (2.29)% (2.08)% (2.47)% Housing price -100pb 5.17% 0.78% 2.90% +100pb (5.11)% (0.77)% (2.73)% Expected loss variation as of December 31, 2020 BBVA Group Spain Mexico Turkey GDP Total Portfolio Retail Mortgages Wholesaler Fixed income Total Portfolio Mortgages Companies Total Portfolio Mortgages Cards Total Portfolio Wholesale Retail -100pb 3.55% 3.47% 3.72% 3.91% 1.58% 3.72% 4.39% 3.96% 3.91% 2.20% 6.30% 1.56% 1.58% 1.62% +100pb (3.25)% (3.14)% (3.03)% (3.69)% (1.97)% (3.32)% (3.57)% (3.53)% (3.64)% (2.07)% (5.78)% (1.47)% (1.55)% (1.47)% Housing price -100pb 5.41% 0.79% 3.13% +100pb (5.35)% (0.77)% (4.47)%
Maximum credit risk exposure [Table Text Block]	In accordance with IFRS 7 “Financial instruments: Disclosures”, the BBVA Group’s credit risk exposure by headings in the balance sheets as of December 31, 2021, 2020 and 2019 is provided below. It does not consider the loss allowances and the availability of collateral or other credit enhancements to enable compliance with payment obligations. The details are broken down by financial instruments and counterparties: Maximum credit risk exposure (Millions of Euros) Notes December Stage 1 Stage 2 Stage 3 Financial assets held for trading 92,560 Equity instruments 10 15,963 Debt securities 10 25,790 Loans and advances 10 50,807 Non-trading financial assets mandatorily at fair value through profit or loss 6,086 Equity instruments 11 5,303 Debt securities 11 128 Loans and advances 11 655 Financial assets designated at fair value through profit or loss 12 1,092 Derivatives (trading and hedging) 43,687 Financial assets at fair value through other comprehensive income 60,495 Equity instruments 13 1,320 Debt securities 59,148 58,587 561 — Loans and advances to credit institutions 13 27 27 — — Financial assets at amortized cost 383,870 334,772 34,418 14,680 Debt securities 34,833 34,605 205 22 Loans and advances to central banks 5,687 5,687 — — Loans and advances to credit institutions 13,295 13,285 10 — Loans and advances to customers 330,055 281,195 34,203 14,657 Total financial assets risk 587,789 Total loan commitments and financial guarantees 165,941 152,914 12,070 957 Loan commitments given 33 119,618 112,494 6,953 171 Financial guarantees given 33 11,720 10,146 1,329 245 Other commitments given 33 34,604 30,274 3,789 541 Total maximum credit exposure 753,730 Maximum credit risk exposure (Millions of Euros) Notes December Stage 1 Stage 2 Stage 3 Financial assets held for trading 65,696 Equity instruments 10 11,458 Debt securities 10 23,970 Loans and advances 10 30,268 Non-trading financial assets mandatorily at fair value through profit or loss 5,198 Equity instruments 11 4,133 Debt securities 11 356 Loans and advances 11 709 Financial assets designated at fair value through profit or loss 12 1,117 Derivatives (trading and hedging) 46,302 Financial assets at fair value through other comprehensive income 69,537 Equity instruments 13 1,100 Debt securities 68,404 67,995 410 — Loans and advances to credit institutions 13 33 33 — — Financial assets at amortized cost 379,857 334,552 30,607 14,698 Debt securities 35,785 35,759 6 20 Loans and advances to central banks 6,229 6,229 — — Loans and advances to credit institutions 14,591 14,565 20 6 Loans and advances to customers 323,252 277,998 30,581 14,672 Total financial assets risk 567,705 Total loan commitments and financial guarantees 179,440 165,726 12,682 1,032 Loan commitments given 33 132,584 124,104 8,214 265 Financial guarantees given 33 10,665 9,208 1,168 290 Other commitments given 33 36,190 32,414 3,300 477 Total maximum credit exposure 747,145 Maximum credit risk exposure (Millions of Euros) Notes December Stage 1 Stage 2 Stage 3 Financial assets held for trading 67,238 Equity instruments 10 8,892 Debt securities 10 26,309 Loans and advances 10 32,037 Non-trading financial assets mandatorily at fair value through profit or loss 5,557 Equity instruments 11 4,327 Debt securities 11 110 Loans and advances 11 1,120 Financial assets designated at fair value through profit or loss 12 1,214 Derivatives (trading and hedging) 39,462 Financial assets at fair value through other comprehensive income 61,293 Equity instruments 13 2,420 Debt securities 58,841 58,590 250 — Loans and advances to credit institutions 13 33 33 — — Financial assets at amortized cost 451,640 402,024 33,624 15,993 Debt securities 38,930 38,790 106 33 Loans and advances to central banks 4,285 4,285 — — Loans and advances to credit institutions 13,664 13,500 158 6 Loans and advances to customers 394,763 345,449 33,360 15,954 Total financial assets risk 626,404 Total loan commitments and financial guarantees 181,116 169,663 10,452 1,001 Loan commitments given 33 130,923 123,707 6,945 270 Financial guarantees given 33 10,984 9,804 955 224 Other commitments given 33 39,209 36,151 2,552 506 Total maximum credit exposure 807,520
Maximum Credit Risk Exposure, accumulated allowances and carrying amount by geographical location [Table Text Block]	The breakdown by geographical location and Stage of the maximum credit risk exposure, the accumulated allowances recorded and the carrying amount of the loans and advances to customers as of December 31, 2021, 2020 and 2019 is shown below: December 2021 (Millions of Euros) Gross exposure Accumulated allowances Carrying amount Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Spain (*) 201,405 171,883 21,380 8,143 (5,277) (722) (923) (3,631) 196,129 171,161 20,457 4,511 Mexico 57,847 51,665 4,261 1,921 (2,038) (740) (381) (916) 55,809 50,925 3,880 1,005 Turkey (**) 33,472 26,497 4,134 2,841 (2,058) (224) (424) (1,410) 31,414 26,273 3,711 1,431 South America (***) 36,335 30,166 4,425 1,744 (1,736) (277) (362) (1,096) 34,599 29,889 4,062 648 Others 996 984 3 9 (8) (1) — (7) 988 983 3 2 Total (****) 330,055 281,195 34,203 14,657 (11,116) (1,964) (2,091) (7,061) 318,939 279,231 32,112 7,596 Of which: individual (2,528) (4) (657) (1,867) Of which: collective (8,587) (1,959) (1,434) (5,194) (*) Spain includes all countries where BBVA, S.A. operates. (**) Turkey includes all countries in which Garanti BBVA operates. (***) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay. (****) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2021, the remaining balance was €266 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize. December 2020 (Millions of Euros) Gross exposure Accumulated allowances Carrying amount Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Spain (*) 195,983 171,397 16,387 8,199 (5,679) (753) (849) (4,077) 190,304 170,644 15,538 4,122 Mexico 52,211 46,373 4,071 1,767 (2,211) (685) (442) (1,083) 50,000 45,688 3,628 684 Turkey (**) 39,633 30,832 5,806 2,995 (2,338) (246) (535) (1,557) 37,295 30,586 5,272 1,438 South America (***) 34,499 28,484 4,312 1,703 (1,870) (320) (460) (1,090) 32,629 28,165 3,852 612 Others 925 912 5 8 (7) (1) — (6) 918 911 4 2 Total (****) 323,252 277,998 30,581 14,672 (12,105) (2,005) (2,287) (7,813) 311,147 275,993 28,294 6,860 Of which: individual (2,611) (10) (479) (2,122) Of which: collective (9,494) (1,995) (1,808) (5,691) (*) Spain includes all countries where BBVA, S.A. operates. (**) Turkey includes all countries in which Garanti BBVA operates. (***) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay. (****) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2020 the remaining balance was €363 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize. December 2019 (Millions of Euros) Gross exposure Accumulated allowances Carrying amount Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Spain (*) 197,058 173,843 14,599 8,616 (5,311) (712) (661) (3,939) 191,747 173,131 13,939 4,677 The United States 57,387 49,744 7,011 632 (688) (165) (342) (182) 56,699 49,580 6,670 450 Mexico 60,099 54,748 3,873 1,478 (2,013) (697) (404) (912) 58,087 54,052 3,469 566 Turkey (**) 43,113 34,536 5,127 3,451 (2,613) (189) (450) (1,974) 40,500 34,347 4,677 1,477 South America (***) 36,265 31,754 2,742 1,769 (1,769) (366) (323) (1,079) 34,497 31,388 2,419 690 Others 839 824 7 9 (8) (1) (1) (6) 832 823 6 2 Total (****) 394,763 345,449 33,360 15,954 (12,402) (2,129) (2,181) (8,093) 382,360 343,320 31,179 7,861 Of which: individual (2,795) (6) (347) (2,441) Of which: collective (9,608) (2,123) (1,834) (5,652) (*) Spain includes all countries where BBVA, S.A. operates. (**) Turkey includes all countries in which Garanti BBVA operates. (***) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay. (****) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2019 the remaining balance was €433 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.
Maximum credit risk exposure, accumulated allowances and carrying amount by counterparty [Table Text Block]	The breakdown by counterparty of the maximum credit risk exposure, the accumulated allowances recorded, as well as the carrying amount by stages of loans and advances to customers as of December 31, 2021, 2020 and 2019 is shown below: December 2021 (Millions of Euros) Gross exposure Accumulated allowances Net amount Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Public administrations 19,719 19,287 369 62 (37) (13) (5) (19) 19,682 19,274 364 43 Other financial corporations 9,826 9,672 131 24 (23) (8) (6) (9) 9,804 9,664 125 15 Non-financial corporations 146,797 120,140 19,366 7,290 (5,804) (759) (1,306) (3,738) 140,993 119,381 18,060 3,552 Households 153,714 132,096 14,336 7,281 (5,253) (1,184) (773) (3,295) 148,461 130,912 13,563 3,986 Loans and advances to customers 330,055 281,195 34,203 14,657 (11,116) (1,964) (2,091) (7,061) 318,939 279,231 32,112 7,596 December 2020 (Millions of Euros) Gross exposure Accumulated allowances Net amount Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Public administrations 19,439 19,163 200 76 (48) (14) (9) (25) 19,391 19,149 191 51 Other financial corporations 9,856 9,747 95 14 (39) (25) (6) (7) 9,817 9,722 88 7 Non-financial corporations 142,547 119,891 15,179 7,477 (6,123) (774) (1,110) (4,239) 136,424 119,117 14,069 3,238 Households 151,410 129,196 15,108 7,106 (5,895) (1,192) (1,161) (3,542) 145,515 128,005 13,946 3,564 Loans and advances to customers 323,252 277,998 30,581 14,672 (12,105) (2,005) (2,287) (7,813) 311,147 275,993 28,294 6,860 December 2019 (Millions of Euros) Gross exposure Accumulated allowances Net amount Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Public administrations 28,281 27,511 682 88 (59) (15) (22) (21) 28,222 27,496 660 66 Other financial corporations 11,239 11,085 136 17 (31) (19) (2) (10) 11,207 11,066 134 8 Non-financial corporations 173,254 148,768 16,018 8,468 (6,465) (811) (904) (4,750) 166,789 147,957 15,114 3,718 Households 181,989 158,085 16,523 7,381 (5,847) (1,283) (1,252) (3,312) 176,142 156,801 15,272 4,069 Loans and advances to customers 394,763 345,449 33,360 15,954 (12,402) (2,129) (2,181) (8,093) 382,360 343,320 31,179 7,861
Loans and advances breakdown by counterparty and product [Table Text Block]	The breakdown by counterparty and product of loans and advances, net of loss allowances, as well as the gross carrying amount by type of product, classified in different headings of the assets, as of December 31, 2021, 2020 and 2019 is shown below: December 2021 (Millions of Euros) Central banks General governments Credit institutions Other financial corporations Non-financial corporations Households Total Gross carrying amount On demand and short notice — 6 — 321 2,339 495 3,161 3,345 Credit card debt — — — 1 1,504 12,523 14,030 14,949 Commercial debtors 791 — 476 18,191 66 19,524 19,766 Finance leases — 191 — 14 7,388 317 7,911 8,256 Reverse repurchase loans 1,192 — 2,788 23 — — 4,004 4,013 Other term loans 4,174 18,440 4,004 5,413 110,204 134,505 276,739 286,127 Advances that are not loans 315 394 6,510 3,554 1,805 630 13,208 13,263 LOANS AND ADVANCES 5,681 19,822 13,303 9,804 141,431 148,536 338,577 349,719 By secured loans Of which: mortgage loans collateralized by immovable property 324 — 220 21,531 94,821 116,897 119,980 Of which: other collateralized loans 1,180 1,413 2,534 390 3,512 1,950 10,979 11,335 By purpose of the loan Of which: credit for consumption 42,294 42,294 45,236 Of which: lending for house purchase 95,209 95,209 96,612 By subordination Of which: project finance loans 8,863 8,863 9,423 December 2020 (Millions of Euros) Central banks General governments Credit institutions Other financial corporations Non-financial corporations Households Total Gross carrying amount On demand and short notice — 7 — 502 1,798 528 2,835 3,021 Credit card debt — — — 2 1,485 11,605 13,093 14,220 Commercial debtors 898 — 317 14,262 67 15,544 15,796 Finance leases — 197 — 6 7,125 322 7,650 8,013 Reverse repurchase loans 472 — 1,914 — 71 — 2,457 2,463 Other term loans 5,690 18,111 3,972 5,799 111,141 132,603 277,317 287,467 Advances that are not loans 48 260 8,721 3,191 1,084 473 13,777 13,833 LOANS AND ADVANCES 6,209 19,475 14,608 9,817 136,966 145,598 332,672 344,813 By secured loans Of which: mortgage loans collateralized by immovable property 372 — 209 22,091 94,147 116,819 120,194 Of which: other collateralized loans 472 952 — 317 3,763 2,059 7,562 7,776 By purpose of the loan Of which: credit for consumption 39,799 39,799 43,037 Of which: lending for house purchase 94,098 94,098 95,751 By subordination Of which: project finance loans 10,721 10,721 11,032 December 2019 (Millions of Euros) Central banks General governments Credit institutions Other financial corporations Non-financial corporations Households Total Gross carrying amount On demand and short notice — 9 — 118 2,328 595 3,050 3,251 Credit card debt — 10 1 3 1,940 14,401 16,355 17,608 Commercial debtors 971 — 230 15,976 99 17,276 17,617 Finance leases — 227 — 6 8,091 387 8,711 9,095 Reverse repurchase loans — — 1,817 — 26 — 1,843 1,848 Other term loans 4,240 26,734 4,121 7,795 137,934 160,223 341,047 351,230 Advances that are not loans 35 865 7,743 3,056 951 506 13,156 13,214 LOANS AND ADVANCES 4,275 28,816 13,682 11,208 167,246 176,211 401,438 413,863 By secured loans Of which: mortgage loans collateralized by immovable property 1,067 15 261 23,575 111,085 136,003 139,317 Of which: other collateralized loans — 10,447 93 2,106 29,009 6,893 48,548 49,266 By purpose of the loan Of which: credit for consumption 46,356 46,356 49,474 Of which: lending for house purchase 110,178 110,178 111,636 By subordination Of which: project finance loans 12,259 12,259 12,415
Impaired loans and advances at amortized cost covered by collateral [Table Text Block]	The disclosure of impaired loans and advances at amortized cost covered by collateral (see Note 7.2.6), by type of collateral, as of December 31, 2021, 2020 and 2019, is the following: Impaired loans and advances at amortized cost covered by collateral (Millions of Euros) Maximum exposure to credit risk Of which secured by collateral Residential properties Commercial properties Cash Others Financial December 2021 14,657 2,875 1,068 5 33 886 December 2020 14,678 2,717 789 18 52 575 December 2019 15,959 3,396 939 35 221 542
Guarantees Received [Table Text Block]	The value of guarantees received as of December 31, 2021, 2020 and 2019, is the following: Guarantees received (Millions of Euros) 2021 2020 2019 Value of collateral 117,362 116,900 152,454 Of which: guarantees normal risks under special monitoring 11,768 11,296 14,623 Of which: guarantees non-performing risks 3,981 3,577 4,590 Value of other guarantees 48,680 47,012 35,464 Of which: guarantees normal risks under special monitoring 7,404 4,045 3,306 Of which: guarantees non-performing risks 886 575 542 Total value of guarantees received 166,042 163,912 187,918
Abridged scale to classify BBVA group outstanding risk [Table Text Block]	The table below shows the abridged scale used to classify the BBVA Group’s outstanding risk as of December 31, 2021: Internal rating Probability of default (basis points) Reduced List (22 groups) Average Minimum from >= Maximum AAA 1 — 2 AA+ 2 2 3 AA 3 3 4 AA- 4 4 5 A+ 5 5 6 A 8 6 9 A- 10 9 11 BBB+ 14 11 17 BBB 20 17 24 BBB- 31 24 39 BB+ 51 39 67 BB 88 67 116 BB- 150 116 194 B+ 255 194 335 B 441 335 581 B- 785 581 1,061 CCC+ 1,191 1,061 1,336 CCC 1,500 1,336 1,684 CCC- 1,890 1,684 2,121 CC+ 2,381 2,121 2,673 CC 3,000 2,673 3,367 CC- 3,780 3,367 4,243
Probability of default basis points [Table Text Block]	The table below outlines the distribution by probability of default within 12 months and through the lifetime of the asset, and stages of the gross carrying amount of loans and advances to customers in percentage terms of the BBVA Group as of December 31, 2021, 2020 and 2019: Probability of default (basis points) 2021 2020 2019 Subject to 12 month ECL (Stage 1) Subject to lifetime ECL (Stage 2) Subject to 12 month ECL (Stage 1) Subject to lifetime ECL (Stage 2) Subject to 12 month ECL (Stage 1) Subject to lifetime ECL (Stage 2) % % % % % % 0 to 2 5.8 — 4.0 — 5.5 — 2 to 5 15.7 0.1 10.2 0.1 6.3 — 5 to 11 15.2 0.2 7.7 0.1 14.6 0.2 11 to 39 18.7 0.6 26.8 0.5 24.5 0.8 39 to 194 19.1 2.5 24.0 2.3 24.5 1.6 194 to 1,061 12.2 3.8 15.1 3.4 14.0 3.6 1,061 to 2,121 1.9 1.5 1.5 1.2 1.4 1.2 > 2,121 0.8 1.9 0.6 2.5 0.4 1.5 Total 89.4 10.6 89.9 10.1 91.0 9.0
Impaired secured loans risks [Table Text Block]	The breakdown of loans and advances within financial assets at amortized cost, by impaired amount, accumulated impairment, gross carrying amount and by counterparties, as of December 31, 2021, 2020 and 2019 is as follows: December 2021 (Millions of Euros) Gross carrying amount Impaired loans and advances Accumulated impairment Impaired loans and advances as a % of the total Central banks 5,687 — (6) — % General governments 19,719 62 (37) 0.3 % Credit institutions 13,295 — (19) — % Other financial corporations 9,826 24 (23) 0.2 % Non-financial corporations 146,797 7,290 (5,804) 5.0 % Agriculture, forestry and fishing 4,077 125 (154) 3.1 % Mining and quarrying 4,889 222 (130) 4.5 % Manufacturing 35,058 1,003 (867) 2.9 % Electricity, gas, steam and air conditioning supply 13,718 570 (489) 4.2 % Water supply 782 22 (21) 2.9 % Construction 8,336 894 (619) 10.7 % Wholesale and retail trade 25,856 1,311 (1,104) 5.1 % Transport and storage 10,310 879 (400) 8.5 % Accommodation and food service activities 7,693 470 (405) 6.1 % Information and communications 6,533 117 (56) 1.8 % Financial and insurance activities 6,216 197 (181) 3.2 % Real estate activities 9,438 719 (466) 7.6 % Professional, scientific and technical activities 3,910 185 (152) 4.7 % Administrative and support service activities 3,046 181 (132) 5.9 % Public administration and defense; compulsory social security 203 9 (11) 4.5 % Education 582 43 (34) 7.4 % Human health services and social work activities 1,888 48 (41) 2.5 % Arts, entertainment and recreation 1,011 209 (95) 20.7 % Other services 3,250 84 (447) 2.6 % Households 153,714 7,281 (5,253) 4.7 % LOANS AND ADVANCES 349,037 14,657 (11,142) 4.2 % December 2020 (Millions of Euros) Gross carrying amount Impaired loans and advances Accumulated impairment Impaired loans and advances as a % of the total Central banks 6,229 — (20) — % General governments 19,439 76 (48) 0.4 % Credit institutions 14,591 6 (16) — % Other financial corporations 9,856 14 (39) 0.1 % Non-financial corporations 142,547 7,477 (6,123) 5.2 % Agriculture, forestry and fishing 3,438 132 (108) 3.8 % Mining and quarrying 4,349 47 (59) 1.1 % Manufacturing 33,771 1,486 (1,129) 4.4 % Electricity, gas, steam and air conditioning supply 13,490 591 (509) 4.4 % Water supply 899 17 (15) 1.9 % Construction 10,019 1,397 (722) 13.9 % Wholesale and retail trade 24,594 1,456 (1,223) 5.9 % Transport and storage 8,117 489 (368) 6.0 % Accommodation and food service activities 8,337 358 (294) 4.3 % Information and communications 5,764 73 (60) 1.3 % Financial and insurance activities 5,298 123 (132) 2.3 % Real estate activities 10,025 617 (494) 6.2 % Professional, scientific and technical activities 2,886 177 (124) 6.1 % Administrative and support service activities 3,955 142 (192) 3.6 % Public administration and defense, compulsory social security 129 5 (4) 3.5 % Education 665 54 (43) 8.1 % Human health services and social work activities 1,812 67 (59) 3.7 % Arts, entertainment and recreation 1,131 46 (65) 4.1 % Other services 3,871 198 (523) 5.1 % Households 151,410 7,106 (5,895) 4.7 % LOANS AND ADVANCES 344,072 14,678 (12,141) 4.3 % December 2019 (Millions of Euros) Gross carrying amount Impaired loans and advances Accumulated impairment Impaired loans and advances as a % of the total Central banks 4,285 — (9) — % General governments 28,281 88 (60) 0.3 % Credit institutions 13,664 6 (15) — % Other financial corporations 11,239 17 (31) 0.2 % Non-financial corporations 173,254 8,467 (6,465) 4.9 % Agriculture, forestry and fishing 3,758 154 (124) 4.1 % Mining and quarrying 4,669 100 (86) 2.1 % Manufacturing 39,517 1,711 (1,242) 4.3 % Electricity, gas, steam and air conditioning supply 12,305 684 (575) 5.6 % Water supply 900 14 (16) 1.6 % Construction 10,945 1,377 (876) 12.6 % Wholesale and retail trade 27,467 1,799 (1,448) 6.6 % Transport and storage 9,638 507 (392) 5.3 % Accommodation and food service activities 8,703 279 (203) 3.2 % Information and communications 6,316 95 (65) 1.5 % Financial and insurance activities 6,864 191 (140) 2.8 % Real estate activities 19,435 782 (527) 4.0 % Professional, scientific and technical activities 4,375 167 (140) 3.8 % Administrative and support service activities 3,415 118 (134) 3.4 % Public administration and defense, compulsory social security 282 5 (6) 1.7 % Education 903 41 (38) 4.5 % Human health services and social work activities 4,696 66 (55) 1.4 % Arts, entertainment and recreation 1,396 47 (39) 3.4 % Other services 7,671 331 (360) 4.3 % Households 181,989 7,381 (5,847) 4.1 % LOANS AND ADVANCES 412,711 15,959 (12,427) 3.9 %
Changes in impaired financial assets and guarantees given [Table Text Block]	The changes during the years 2021, 2020 and 2019 of impaired financial assets and contingent risks are as follows: Changes in impaired financial assets and guarantees given (Millions of Euros) 2021 2020 2019 Balance at the beginning 15,478 16,770 17,134 Additions 8,556 9,533 9,857 Decreases (*) (4,555) (5,024) (5,874) Net additions 4,001 4,509 3,983 Amounts written-off (3,613) (3,603) (3,803) Exchange differences and other (399) (968) (544) Discontinued operations — (1,230) — Balance at the end 15,467 15,478 16,770 (*) Reflects the total amount of impaired loans derecognized from the consolidated balance sheet throughout the year as a result of mortgage foreclosures and real estate assets received in lieu of payment as well as monetary recoveries.
Changes in impaired financial assets written off from the balance sheet [Table Text Block]	Changes in impaired financial assets written-off from the balance sheet (Millions of Euros) Notes 2021 2020 2019 Balance at the beginning 22,001 26,245 32,343 Companies held for sale (*) — (4,646) — Increase 3,709 3,440 4,712 Decrease: (3,605) (2,715) (11,039) Re-financing or restructuring (1) (7) (2) Cash recovery 47 (423) (339) (919) Foreclosed assets (17) (479) (617) Sales (**) (2,437) (1,223) (8,325) Debt forgiveness (599) (607) (493) Time-barred debt and other causes (129) (60) (682) Net exchange differences (116) (323) 230 Balance at the end 21,990 22,001 26,245 (*) The amount in 2020 includes the balance of the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). (**) Includes principal and interest.
Changes in gross accounting balances of loans and advances at amortized cost [Table Text Block]	Movements, measured over a 12-month period, in gross accounting balances and accumulated allowances for loan losses during 2021, 2020 and 2019 are recorded on the accompanying consolidated balance sheet as of December 31, 2021, 2020 and 2019, in order to cover the estimated loss allowances in loans and advances and debt securities measured at amortized cost. Changes in gross accounting balances of loans and advances at amortized cost. Year 2021 (Millions of Euros) Stage 1 Stage 2 Stage 3 Total Balance at the beginning 298,793 30,601 14,678 344,072 Transfers of financial assets: (10,785) 8,640 2,145 — Transfers from stage 1 to Stage 2 (14,482) 14,482 — — Transfers from stage 2 to Stage 1 4,905 (4,905) — — Transfers to Stage 3 (1,772) (1,945) 3,717 — Transfers from Stage 3 564 1,009 (1,573) — Net annual origination of financial assets 17,876 (4,729) 1,217 14,364 Becoming write-offs (74) (68) (3,095) (3,237) Changes in model / methodology — — — — Foreign exchange (6,054) (1,902) (216) (8,172) Modifications that do not result in derecognition 187 1,642 189 2,018 Other 224 29 (261) (8) Balance at the end 300,167 34,213 14,657 349,037 Changes in gross accounting balances of loans and advances at amortized cost. Year 2020 (Millions of Euros) Stage 1 Stage 2 Stage 3 Total Balance at the beginning 363,234 33,518 15,959 412,711 Transfers of financial assets: (11,935) 8,807 3,128 — Transfers from stage 1 to Stage 2 (15,843) 15,843 — — Transfers from stage 2 to Stage 1 5,107 (5,107) — — Transfers to Stage 3 (1,701) (2,659) 4,359 — Transfers from Stage 3 502 729 (1,231) — Net annual origination of financial assets 16,119 (827) 102 15,395 Becoming write-offs (3) (2) (2,944) (2,949) Changes in model / methodology — — — — Foreign exchange (21,472) (2,342) (1,157) (24,970) Modifications that do not result in derecognition (204) 827 511 1,134 Other (283) (190) 270 (204) Discontinued operations (46,664) (9,190) (1,192) (57,045) Balance at the end 298,793 30,601 14,678 344,072 Changes in gross accounting balances of loans and advances at amortized cost. Year 2019 (Millions of Euros) Stage 1 Stage 2 Stage 3 Total Balance at the beginning 352,282 30,707 16,359 399,347 Transfers of financial assets: (9,021) 6,279 2,741 — Transfers from stage 1 to stage 2 (13,546) 13,546 — — Transfers from stage 2 to stage 1 5,656 (5,656) — — Transfers to stage 3 (1,571) (2,698) 4,269 — Transfers from stage 3 440 1,087 (1,527) — Net annual origination of financial assets 20,296 (2,739) 246 17,804 Becoming write-offs (152) (349) (3,407) (3,908) Changes in model / methodology — — — — Foreign exchange 1,611 35 16 1,662 Modifications that do not result in derecognition (1) (27) 15 (13) Other (1,782) (388) (11) (2,180) Balance at the end 363,234 33,518 15,959 412,711
Changes in allowances of loans and advances at amortized cost [Table Text Block]	Changes in allowances of loans and advances at amortized cost. Year 2021 (Millions of Euros) Stage 1 Stage 2 Stage 3 Total Balance at the beginning (2,037) (2,289) (7,815) (12,141) Transfers of financial assets: 187 441 (2,521) (1,893) Transfers from stage 1 to Stage 2 139 (602) — (463) Transfers from stage 2 to Stage 1 (60) 307 — 247 Transfers to Stage 3 111 802 (2,775) (1,862) Transfers from Stage 3 (3) (66) 254 185 Net annual origination of allowances (563) (57) (314) (933) Becoming write-offs 45 56 2,694 2,795 Changes in model / methodology — — — — Foreign exchange 70 (270) 719 519 Modifications that do not result in derecognition 12 (79) (122) (189) Other 297 106 298 701 Balance at the end (1,990) (2,091) (7,061) (11,142) Changes in allowances of loans and advances at amortized cost. Year 2020 (Millions of Euros) Stage 1 Stage 2 Stage 3 Total Balance at the beginning (2,149) (2,183) (8,094) (12,427) Transfers of financial assets: 184 (511) (1,806) (2,133) Transfers from stage 1 to stage 2 156 (923) — (766) Transfers from stage 2 to stage 1 (50) 253 — 202 Transfers to stage 3 81 218 (1,950) (1,652) Transfers from stage 3 (3) (59) 144 83 Net annual origination of allowances (872) (795) (1,329) (2,996) Becoming write-offs — — 2,567 2,568 Changes in model / methodology — — — — Foreign exchange 227 256 721 1,204 Modifications that do not result in derecognition 12 (118) (177) (283) Other 160 618 25 803 Discontinued operations 401 444 278 1,123 Balance at the end (2,037) (2,289) (7,815) (12,141) Changes in allowances of loans and advances at amortized cost. Year 2019 (Millions of Euros) Stage 1 Stage 2 Stage 3 Total Balance at the beginning (2,082) (2,375) (7,761) (12,217) Transfers of financial assets: 176 (227) (1,574) (1,626) Transfers from stage 1 to stage 2 126 (649) — (523) Transfers from stage 2 to stage 1 (38) 273 — 235 Transfers to stage 3 89 234 (1,810) (1,487) Transfers from stage 3 (1) (86) 236 149 Net annual origination of allowances (542) (116) (1,711) (2,370) Becoming write-offs 130 337 2,789 3,256 Changes in model / methodology — — — — Foreign exchange (30) (18) 69 20 Modifications that do not result in derecognition (15) (149) (89) (254) Other 215 366 183 764 Balance at the end (2,149) (2,183) (8,094) (12,427)
Sensitivity to interest rate analysis [Table Text Block]	The table below shows the profile of average structural interest rate risk and credit spread risk of fixed income portfolio in the banking book classified as HtC&S in terms of sensitivities of the main currencies for the BBVA Group in 2021: Sensitivity to interest-rate and credit spread analysis. Year 2021 interest rate risk and credit spread Impact on net interest income (*) Impact on economic value (**) Impact on economic value (**) 100 basis-point increase 100 basis-point decrease (***) 100 basis-point increase 100 basis-point decrease (***) 100 basis-point increase EUR [3.5% , 5.5%] [-3.5% , -1.5%] [3.5% , 5.5%] [-3.5% , -1.5%] [-3.5% , -1.5%] MXN [0.5% , 1.5%] [-1.5% , -0.5%] [-1.5% , -0.5%] [0.5% , 1.5%] [-0.5% , 0.5%] USD [0.5% , 1.5%] [-1.5% , -0.5%] [0.5% , 1.5%] [-1.5% , -0.5%] [-0.5% , 0.5%] TRY [-0.5% , 0.5%] [-0.5% , 0.5%] [-0.5% , 0.5%] [-0.5% , 0.5%] [-0.5% , 0.5%] Other [-0.5% , 0.5%] [-0.5% , 0.5%] [-0.5% , 0.5%] [-0.5% , 0.5%] [-0.5% , 0.5%] BBVA Group [7.5% , 10.0%] [-5.5% , -3.5%] [3.5% , 5.5%] [-3.5% , -1.5%] [-3.5% , -1.5%] (*) Percentage of "12 months" net interest income for the BBVA Group. (**) Percentage of CET1 (Fully Loaded) for BBVA Group (***) In EUR and USD (and GBP included in "Other"), negative interest rates scenarios are allowed up to plausible levels lower than current rates.
Sensitivity to one percent of the average rate in the main currencies [Table Text Block]	For the years 2021, 2020 and 2019, the estimated sensitivities of the result attributable to the parent company are shown below, taking into account the coverage, against depreciations and appreciations of 1% of the average rate in the main currencies. To the extent that hedging positions are periodically modulated, the sensitivity estimate attempts to reflect an average (or effective) sensitivity in the year: Sensitivity to 1% change (Millions of Euros) Currency 2021 2020 2019 Mexican peso 14.0 4.9 12.7 Turkish lira 4.7 4.5 3.1 Peruvian sol 0.3 0.4 1.9 Chilean peso 0.6 0.3 0.5 Colombian peso 1.1 1.4 2.6 Argentine peso 0.6 0.9 1.3
VaR by Risk factor [Table Text Block]	As of December 31, 2021, 2020 and 2019 the VaR was €31 million, €28 million and €20 million, respectively. The total VaR figures for 2021, 2020 and 2019 can be broken down as follows: VaR by Risk Factor (Millions of Euros) Interest/Spread risk Currency risk Stock-market risk Vega/Correlation risk Diversification effect(*) Total 2021 VaR average in the year 33 10 2 11 (28) 29 VaR max in the year 32 13 4 1 (14) 36 VaR min in the year 27 9 1 10 (25) 22 End of period VaR 34 9 5 11 (29) 31 2020 VaR average in the year 29 12 4 11 (28) 27 VaR max in the year 39 20 10 20 (14) 39 VaR min in the year 20 3 1 6 (39) 18 End of period VaR 32 12 2 11 (29) 28 2019 VaR average in the year 21 6 4 9 (20) 19 VaR max in the year 28 6 3 9 (21) 25 VaR min in the year 13 5 5 9 (18) 14 End of period VaR 24 5 5 8 (22) 20 (*) The diversification effect is the difference between the sum of the average individual risk factors and the total VaR figure that includes the implied correlation between all the variables and scenarios used in the measurement.
Impact of the stress test [Table Text Block]	The impact of the stress test under multivariable simulation of the risk factors of the portfolio based on the expected shortfall (expected shortfall calculated at a 97.5% confidence level, 20 days) as of December 31, 2021 is as follows: Impact of the stress test (Millions of Euros) 0 Europe Mexico Peru Venezuela Argentina Colombia Turkey Expected shortfall (76) (75) (11) — (5) (5) (8)
Effect offsetting for derivatives and securities operation [Table Text Block]	A summary of the effect of offsetting (via netting and collateral) for derivatives and securities operations is presented below as of December 31, 2021, 2020 and 2019: Effect of offsetting for derivatives and securities operation (Millions of Euros) Gross amounts not offset in the consolidated balance sheets (D) Notes Gross amounts recognized (A) Gross amounts offset in the consolidated balance sheets (B) Net amount presented in the consolidated balance sheets (C=A-B) Financial instruments Cash collateral received/ pledged Net amount (E=C-D) December 2021 Trading and hedging derivatives 10, 15 36,349 3,611 32,737 22,524 8,758 1,456 Reverse repurchase, securities borrowing and similar agreements 54,296 — 54,296 55,010 2,213 (2,927) Total assets 90,645 3,611 87,034 77,534 10,971 (1,471) Trading and hedging derivatives 10, 15 37,916 3,584 34,331 22,524 10,119 1,688 Repurchase, securities lending and similar agreements 54,159 — 54,159 58,174 679 (4,694) Total liabilities 92,074 3,584 88,490 80,698 10,798 (3,006) December 2020 Trading and hedging derivatives 10, 15 47,862 5,688 42,173 33,842 9,018 (686) Reverse repurchase, securities borrowing and similar agreements 32,121 — 32,121 32,762 161 (802) Total assets 79,983 5,688 74,294 66,604 9,178 (1,488) Trading and hedging derivatives 10, 15 49,720 5,722 43,998 33,842 9,435 721 Repurchase, securities lending and similar agreements 41,571 — 41,571 42,298 1,619 (2,346) Total liabilities 91,291 5,722 85,569 76,140 11,054 (1,624) December 2019 Trading and hedging derivatives 10, 15 36,349 2,388 33,961 25,020 8,210 731 Reverse repurchase, securities borrowing and similar agreements 33,539 21 33,518 33,352 204 (39) Total assets 69,888 2,409 67,479 58,372 8,415 692 Trading and hedging derivatives 10, 15 38,693 2,394 36,299 25,020 10,613 667 Repurchase, securities lending and similar agreements 43,712 21 43,691 42,974 420 297 Total liabilities 82,404 2,414 79,990 67,993 11,033 964
LtSCD by LMU [Table Text Block]	The performance of the indicators show that the adequacy of the funding structure remained steady during 2021, 2020 and 2019, in the sense that all LMU held self-funding levels with stable customer resources above the requirements. LtSCD by LMU 2021 2020 2019 Group (average) 95% 95% 108% BBVA S.A. 98% 97% 108% BBVA Mexico 93% 98% 116% Garanti BBVA 81% 95% 99% Other LMU 93% 86% 103%
LCR main LMU [Table Text Block]	Although this requirement is only established at a Group level, for banks in the Eurozone, the minimum level required is comfortably exceeded in all subsidiaries. It should be noted that the calculation of the Consolidated LCR does not allow the transfer of liquidity between subsidiaries, so no excess liquidity may be transferred from these entities for the purpose of calculating the consolidated ratio. If the impact of these highly liquid assets was considered, the LCR would be 213%, or +48 basis points above the required level. LCR main LMU 0 2021 2020 2019 Group 165% 149% 129% BBVA S.A. 190% 173% 147% BBVA Mexico 245% 196% 147% Garanti BBVA 211% 183% 206%
Liquidity available by instrument [Table Text Block]	The table below shows the liquidity available by instrument as of December 31, 2021, 2020 and 2019 for the most significant entities based on prudential supervisor’s information (Commission Implementing Regulations (EU) 2017/2114 of November 9, 2017): Liquidity available by instrument (Millions of Euros) BBVA S.A. BBVA Mexico Garanti BBVA Other 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 (*) Cash and withdrawable central bank reserves 35,258 39,330 14,516 12,146 8,930 6,246 8,179 6,153 6,450 6,469 6,831 11,317 Level 1 tradable assets 37,272 48,858 41,961 13,881 9,205 7,295 5,549 7,019 7,953 6,036 6,237 14,930 Level 2A tradable assets 5,234 5,119 403 74 106 316 — — — — — 344 Level 2B tradable assets 9,492 6,080 5,196 28 11 219 — — — 2 — 12 Other tradable assets 27,870 20,174 22,213 343 421 1,269 722 701 669 934 745 1,538 Non tradable assets eligible for central banks — — — — — — — — — — — 2,935 Cumulated counterbalancing capacity 115,127 119,560 84,288 26,472 18,672 15,344 14,449 13,873 15,072 13,440 13,814 31,075 (*) In 2019 it includes the balance of the companies in the United States (see Notes 1.3, 3 and 21).
NSFR main LMU [Table Text Block]	The NSFR of BBVA Group and its main LMU at December 31, 2021, 2020 and 2019, was the following: NSFR main LMU 2021 2020(*) 2019(*) Group 135 % 127 % 120 % BBVA S.A. 126% 121% 113% BBVA Mexico 149% 138% 130% Garanti BBVA 162% 154% 151% (*) Ratio calculated based on the Basel requirements for 2019 and 2020.
Residual maturities by contractual periods [Table Text Block]	Below is a matrix of residual maturities by contractual periods based on supervisory prudential reporting as of December 31, 2021, 2020 and 2019: December 2021. Contractual maturities (Millions of Euros) Demand Up to 1 month 1 to 3 months 3 to 6 months 6 to 9 months 9 to 12 months 1 to 2 years 2 to 3 years 3 to 5 years Over 5 years Total ASSETS Cash, cash balances at central banks and other demand deposits 39,761 24,598 — — — — — — — — 64,359 Deposits in credit entities — 3,781 400 790 373 299 211 166 8 26 6,056 Deposits in other financial institutions 2 901 801 584 727 432 694 470 261 469 5,343 Reverse repo, securities borrowing and margin lending — 33,856 11,611 2,945 1,063 1,692 2,188 2,239 1,118 739 57,451 Loans and advances 174 18,531 23,185 22,141 11,769 13,782 39,656 30,049 44,508 94,780 298,574 Securities' portfolio settlement 10 1,779 3,606 3,395 2,333 3,958 18,854 13,135 17,214 47,331 111,614 December 2021. Contractual maturities (Millions of Euros) Demand Up to 1 month 1 to 3 months 3 to 6 months 6 to 9 months 9 to 12 months 1 to 2 years 2 to 3 years 3 to 5 years Over 5 years Total LIABILITIES Wholesale funding — 3,065 1,077 3,498 2,914 1,885 9,477 4,931 12,332 19,991 59,169 Deposits in financial institutions 1,936 4,257 415 825 183 924 496 146 146 579 9,907 Deposits in other financial institutions and international agencies 8,894 2,728 1,700 382 289 227 578 231 337 722 16,087 Customer deposits 281,812 28,806 11,814 4,867 1,717 1,520 1,740 578 863 416 334,132 Security pledge funding — 52,437 6,858 2,485 1,513 8,252 29,954 5,527 4,755 1,490 113,269 Derivatives, net (33) (395) (176) (326) (66) (641) 100 (122) (155) (66) (1,880) December 2020. Contractual maturities (Millions of Euros) (*) Demand Up to 1 month 1 to 3 months 3 to 6 months 6 to 9 months 9 to 12 months 1 to 2 years 2 to 3 years 3 to 5 years Over 5 years Total ASSETS Cash, cash balances at central banks and other demand deposits 42,518 32,741 — — — — — — — — 75,258 Deposits in credit entities — 3,616 677 921 356 461 117 120 2 39 6,309 Deposits in other financial institutions — 2,202 855 797 734 543 1,251 721 515 500 8,119 Reverse repo, securities borrowing and margin lending — 20,033 4,757 1,351 364 368 3,320 1,849 891 1,089 34,021 Loans and advances 279 16,939 24,280 23,012 15,579 17,032 46,182 38,851 51,709 110,173 344,036 Securities' portfolio settlement — 3,896 6,680 6,557 5,084 13,014 9,858 15,494 17,231 50,045 127,859 (*) It includes the balance of the companies in the United States (see Notes 1.3, 3 and 21). December 2020. Contractual maturities (Millions of Euros) (*) Demand Up to 1 month 1 to 3 months 3 to 6 months 6 to 9 months 9 to 12 months 1 to 2 years 2 to 3 years 3 to 5 years Over 5 years Total LIABILITIES Wholesale funding — 4,750 2,618 3,963 1,283 1,543 10,573 7,505 12,793 23,839 68,868 Deposits in financial institutions 8,838 7,859 254 741 152 726 825 189 166 371 20,120 Deposits in other financial institutions and international agencies 12,735 4,324 2,694 588 353 272 957 337 459 870 23,589 Customer deposits 308,360 39,978 13,416 6,808 4,526 4,366 3,361 1,213 869 799 383,694 Security pledge funding — 41,239 5,301 1,643 1,192 368 11,304 28,510 3,740 1,516 94,812 Derivatives, net — (722) 15 (961) (85) 134 (400) (157) (264) (159) (2,599) (*) It includes the balance of the companies in the United States (see Notes 1.3, 3 and 21). December 2019. Contractual maturities (Millions of Euros) (*) Demand Up to 1 month 1 to 3 months 3 to 6 months 6 to 9 months 9 to 12 months 1 to 2 years 2 to 3 years 3 to 5 years Over 5 years Total ASSETS Cash, cash balances at central banks and other demand deposits 20,954 20,654 — — — — — — — — 41,608 Deposits in credit entities — 3,591 283 488 585 503 189 24 120 432 6,216 Deposits in other financial institutions — 1,336 1,120 796 589 991 1,420 1,072 672 2,089 10,084 Reverse repo, securities borrowing and margin lending — 21,612 3,858 2,287 561 808 4,121 1,838 411 803 36,299 Loans and advances 157 22,015 25,056 24,994 15,777 16,404 42,165 35,917 54,772 122,098 359,354 Securities' portfolio settlement — 1,622 3,873 6,620 2,017 7,292 21,334 6,115 13,240 46,022 108,136 (*) It includes the balance of the companies in the United States (see Notes 1.3, 3 and 21). December 2019. Contractual maturities (Millions of Euros) (*) Demand Up to 1 month 1 to 3 months 3 to 6 months 6 to 9 months 9 to 12 months 1 to 2 years 2 to 3 years 3 to 5 years Over 5 years Total LIABILITIES Wholesale funding 1 1,393 1,714 4,208 1,645 4,386 8,328 10,608 10,803 27,840 70,927 Deposits in financial institutions 7,377 7,608 493 1,122 172 1,514 386 614 206 510 20,004 Deposits in other financial institutions and international agencies 10,177 3,859 867 381 367 257 982 503 499 952 18,843 Customer deposits 271,638 43,577 18,550 10,013 7,266 6,605 3,717 2,062 854 1,039 365,321 Security pledge funding — 45,135 3,202 15,801 1,456 653 3,393 7,206 759 1,308 78,914 Derivatives, net — (66) (25) 29 (11) 1,097 (830) (278) (333) (420) (838) (*) I t includes the balance of the companies in the United States (see Notes 1.3, 3 and 21).
Encumbered and unencumbered asstes [Table Text Block]	As of December 31, 2021, 2020 and 2019, the encumbered (those provided as collateral for certain liabilities) and unencumbered assets are broken down as follows: Encumbered and unencumbered assets (Millions of Euros) Encumbered assets Unencumbered assets Book value Fair value Book value Fair value 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Assets 114,336 121,999 101,792 548,548 614,260 596,898 Equity instruments 307 2,134 3,526 307 2,134 3,526 22,280 14,556 12,113 22,280 14,556 12,113 Debt securities 31,557 29,379 29,630 29,527 26,112 29,567 89,307 100,108 95,611 89,307 100,108 95,611 Loans and advances and other assets 82,472 90,486 68,636 436,962 499,595 489,174
Collateral pledges received [Table Text Block]	As of December 31, 2021, 2020 and 2019, collateral pledges received mainly due to repurchase agreements and securities lending, and those which could be committed in order to obtain funding are provided below: Collateral received (Millions of Euros) Fair value of encumbered collateral received or own debt securities issued Fair value of collateral received or own debt securities issued available for encumbrance Fair value of collateral received or own debt securities issued not available for encumbrance 2021 2020 2019 2021 2020 2019 2021 2020 2019 Collateral received 40,905 30,723 38,496 17,029 8,652 9,208 1,719 1,071 48 Equity instruments 289 239 65 265 204 70 — — — Debt securities 40,616 30,484 38,431 16,764 8,448 9,130 1,719 1,071 38 Loans and advances and other assets — — — — — 8 — — 10 Own debt securities issued other than own covered bonds or ABSs — 3 — 50 94 82 — — —
Sources of encumbrance [Table Text Block]	As of December 31, 2021, 2020 and 2019, financial liabilities issued related to encumbered assets in financial transactions as well as their book value were as follows: Sources of encumbrance (Millions of Euros) Matching liabilities, contingent liabilities or securities lent Assets, collateral received and own 2021 2020 2019 2021 2020 2019 Book value of financial liabilities 137,242 131,352 124,252 151,275 147,523 135,500 Derivatives 15,368 16,611 19,066 15,191 16,348 20,004 Deposits 109,311 98,668 87,906 120,957 111,726 94,240 Outstanding subordinated debt 12,563 16,073 17,280 15,127 19,449 21,256 Other sources 620 653 449 3,966 5,202 4,788

Note 8 (Tables)

Note 8 (Tables)	12 Months Ended
	Dec. 31, 2021
Fair value of financial instruments [Abstract]
Carrying Value And Fair Value [Table Text Block]	The fair value of the Group’s financial instruments in the accompanying consolidated balance sheets and its corresponding carrying amounts, as of December 31, 2021, 2020 and 2019 are presented below: Fair Value and Carrying Amount (Millions of euros) 2021 2020 2019 Notes Carrying Amount Fair Value Carrying Amount Fair Value Carrying Amount Fair Value ASSETS Cash, cash balances at central banks and other demand deposits 9 67,799 67,799 65,520 65,520 44,303 44,303 Financial assets held for trading 10 123,493 123,493 105,878 105,878 99,469 99,469 Non-trading financial assets mandatorily at fair value through profit or loss 11 6,086 6,086 5,198 5,198 5,557 5,557 Financial assets designated at fair value through profit or loss 12 1,092 1,092 1,117 1,117 1,214 1,214 Financial assets at fair value through other comprehensive income 13 60,421 60,421 69,440 69,440 61,183 61,183 Financial assets at amortized cost 14 372,676 377,451 367,668 374,267 439,162 442,788 Derivatives – Hedge accounting 15 1,805 1,805 1,991 1,990 1,729 1,729 LIABILITIES Financial liabilities held for trading 10 91,135 91,135 84,109 84,109 86,414 86,413 Financial liabilities designated at fair value through profit or loss 12 9,683 9,683 10,050 10,050 10,010 10,010 Financial liabilities at amortized cost 22 487,893 488,733 490,606 491,006 516,641 515,910 Derivatives – Hedge accounting 15 2,626 2,626 2,318 2,318 2,233 2,233
Financial Instruments At Fair Value By Levels [Table Text Block]	The following table shows the financial instruments carried at fair value in the accompanying consolidated balance sheets, broken down by level used to determine their fair value as of December 31, 2021, 2020 and 2019: Fair Value of Financial Instruments by Levels (Millions of Euros) 2021 2020 2019 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 ASSETS Financial assets held for trading 32,371 87,736 3,386 32,555 71,938 1,386 31,135 67,262 1,072 Equity instruments 15,925 — 37 11,367 31 60 8,832 — 59 Debt securities 11,877 13,725 189 12,790 11,123 57 18,076 8,178 55 Loans and advances 615 47,279 2,913 2,379 26,741 1,148 697 30,491 849 Derivatives 3,954 26,732 247 6,019 34,043 121 3,530 28,593 109 Non-trading financial assets mandatorily at fair value through profit or loss 4,378 522 1,186 3,826 381 992 4,305 92 1,160 Equity instruments 4,158 394 751 3,612 57 465 4,223 1 103 Debt securities — 128 — 4 324 28 — 91 19 Loans and advances 220 — 435 210 — 499 82 — 1,038 Financial assets designated at fair value through profit or loss 916 176 — 939 178 — 1,214 — — Equity instruments — — — — — — — — — Debt securities 916 176 — 939 178 — 1,214 — — Loans and advances — — — — — — — — — Financial assets at fair value through other comprehensive income 52,157 7,545 719 60,976 7,866 598 50,896 9,203 1,084 Equity instruments 1,178 36 106 961 34 105 1,794 146 480 Debt securities 50,952 7,509 613 59,982 7,832 493 49,070 9,057 604 Loans and advances 27 — — 33 — — 33 — — Derivatives – Hedge accounting 63 1,733 9 120 1,862 8 44 1,685 — LIABILITIES Financial liabilities held for trading 26,215 64,305 615 27,587 56,127 395 26,266 59,438 710 Trading derivatives 4,755 26,560 389 7,402 34,046 232 4,425 29,466 175 Short positions 15,124 11 — 11,805 504 3 12,246 1 2 Deposits 6,335 37,733 226 8,381 21,577 159 9,595 29,971 533 Financial liabilities designated at fair value through profit or loss 1 8,243 1,439 — 8,558 1,492 — 8,629 1,382 Customer deposits — 809 — — 902 — — 944 — Debt certificates 1 1,956 1,439 — 3,038 1,492 — 3,274 1,382 Other financial liabilities — 5,479 — — 4,617 — — 4,410 — Derivatives – Hedge accounting 53 2,573 — 53 2,250 15 30 2,192 11
Financial Assets at Fair Value By Levels [Table Text Block]	The following table sets forth the main valuation techniques, hypothesis and inputs used in the estimation of fair value of the financial instruments classified under Levels 2 and 3, based on the type of financial asset and liability and the corresponding balances as of December 31, 2021, 2020 and 2019. Fair value of Financial Instruments by levels.(Millions of euros) 2021 2020 2019 Level 2 Level 3 Level 2 Level 3 Level 2 Level 3 Valuation technique(s) Observable inputs Unobservable inputs ASSETS Financial assets held for trading 87,736 3,386 71,938 1,386 69,092 1,508 Equity instruments — 37 31 60 — 59 Comparable pricing (Observable price in a similar market) - Brokers quotes -NAV provided by the administrator of the fund Debt securities 13,725 189 11,123 57 8,178 55 Present-value method - Issuer´s credit risk - Prepayment rates Loans and advances 47,279 2,913 26,741 1,148 30,491 849 Present-value method - Issuer´s credit risk - Prepayment rates Derivatives 26,732 247 34,043 121 28,593 109 Interest rate Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flows - Exchange rates - Beta Equity Future and Equity Forward: Discounted future cash flows - Volatility of volatility Foreign exchange and gold Future and Equity Forward: Discounted future cash flows - Volatility of volatility Credit Credit Derivatives: Default model and Gaussian copula - Correlation default Commodities Commodities: Momentum adjustment and discounted cash flows Non-trading financial assets mandatorily at fair value through profit or loss 522 1,186 381 992 92 1,160 Equity instruments 394 751 57 465 1 103 Comparable pricing (Observable price in a similar market) - Brokers quotes - NAV provided by the administrator of the fund Debt securities 128 — 324 28 91 19 Present-value method - Issuer credit risk - Prepayment rates Loans and advances — 435 — 499 — 1,038 Specific liquidation criteria regarding losses of the EPA proceedings - Prepayment rates Financial assets designated at fair value through profit or loss 176 — 178 — — — Present-value method - Issuer credit risk Debt securities 176 — 178 — — — Financial assets at fair value through other comprehensive income 7,545 719 7,866 598 9,203 1,084 Equity instruments 36 106 34 105 146 480 Comparable pricing (Observable price in a similar market) - Brokers quotes - NAV provided by the administrator of the fund Debt securities 7,509 613 7,832 493 9,057 604 Present-value method - Issuer´s credit risk - Prepayment rates Hedging derivatives 1,733 9 1,862 8 1,685 — Interest rate Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flows - Exchange rates - Beta Equity Future and Equity Forward: Discounted future cash flows - Volatility of volatility Foreign exchange and gold Future and Equity Forward: Discounted future cash flows - Volatility of volatility Credit Credit Derivatives: Default model and Gaussian copula - Correlation default Commodities Commodities: Momentum adjustment and Discounted cash flows
Financial Liabilities at Fair Value By Levels [Table Text Block]	Fair Value of Financial Instruments by Levels.(Millions of Euros) 2021 2020 2019 Level 2 Level 3 Level 2 Level 3 Level 2 Level 3 Valuation technique(s) Observable inputs Unobservable inputs LIABILITIES Financial liabilities held for trading 64,305 615 56,127 395 61,588 827 Deposits 37,733 226 21,577 159 29,971 533 Present-value method - Interest rate yield - Funding interest rates not observed in the market or in consensus services Derivatives 26,560 389 34,046 232 29,466 175 Interest rate Interest rate products (Interest rate Swaps, call money Swaps y FRA): Discounted cash flows - Exchange rates - Beta Equity Future and Equity forward: Discounted future cash flows - Volatility of volatility Foreign exchange and gold Future and Equity Forward: Discounted future cash flows - Volatility of volatility Credit Credit Derivatives: Default model and Gaussian copula - Correlation default Commodities Commodities: Momentum adjustment and discounted cash flows Short positions 11 — 504 3 1 2 Present-value method - Prepayment rates Financial liabilities designated at fair value through profit or loss 8,243 1,439 8,558 1,492 8,629 1,382 Present-value method - Prepayment rates - Issuer´s credit risk - Current market interest rates - Prepayment rates Derivatives – Hedge accounting 2,573 — 2,250 15 2,192 11 Interest rate Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flows - Exchange rates - Beta Equity Future and Equity Forward: Discounted future cash flows - Volatility of volatility Foreign exchange and gold Future and Equity Forward: Discounted future cash flows - Volatility of volatility Credit Credit Derivatives: Default model and Gaussian copula - Correlation default Commodities Commodities: Momentum adjustment and discounted cash flows
Unobservable inputs [Table Text Block]	Quantitative information of unobservable inputs used to calculate Level 3 valuations is presented below as of December 31, 2021, 2020 and 2019: Unobservable inputs. December 2021 Financial instrument Valuation technique(s) Significant unobservable inputs Min Average Max Units Debt Securities Present value method Credit Spread 2.72 125.41 2,374.39 bp Recovery Rate 0.00 % 37.34 % 40.00 % % 0.10 % 96.63 % 144.11 % % Equity/Fund instruments (*) Net Asset Value Comparable Pricing Loans and advances Present value method Repo funding curve (2.71) % 1.16 % 4.99 % Abs Repo rate Credit Derivatives Gaussian Copula Correlation Default 34.56 % 43.47 % 52.78 % % Black 76 Price Volatility — Vegas Equity Derivatives Option models on equities, baskets of equity, funds Dividends (**) Correlations (88) % 60 % 99 % % Volatility 5.57 26.30 62.00 Vegas FX Derivatives Option models on FX underlyings Volatility 3.96 9.71 16.34 Vegas IR Derivatives Option models on IR underlyings Beta 0.25 2.00 18.00 % Correlation Rate/Credit (100) 100 % Credit Default Volatility — — — Vegas (*) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. (**) The range of unobservable dividends is too wide range to be relevant. Unobservable inputs. December 2020 Financial instrument Valuation technique(s) Significant unobservable inputs Min Average Max Units Debt Securities Present value method Credit Spread 4.32 47.01 564.22 bp Recovery Rate 0.00 % 37.06 % 40.00 % % 0.10 % 99.92 % 143.87 % % Equity/Fund instruments (*) Net Asset Value Comparable Pricing Loans and advances Present value method Repo funding curve (1.18) % (0.25) % 0.74 % Abs Repo rate Credit Derivatives Gaussian Copula Correlation Default 30.40 % 44.87 % 60.95 % % Black 76 Price Volatility — Vegas Equity Derivatives Option models on equities, baskets of equity, funds Dividends (**) Correlations (77) % 51 % 98 % % Volatility 6.52 29.90 141.77 Vegas FX Derivatives Option models on FX underlyings Volatility 4.11 10.00 16.14 Vegas IR Derivatives Option models on IR underlyings Beta 0.25 2.00 18.00 % Correlation Rate/Credit (100) 100 % Credit Default Volatility — — — Vegas (*) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. (**) The range of unobservable dividends is too wide range to be relevant. Unobservable inputs. December 2019 Financial instrument Valuation technique(s) Significant unobservable inputs Min Average Max Units Loans and advances Present value method Repo funding curve (6) 16 100 bp Debt securities Comparable pricing Credit spread 18 83 504 bp Recovery rate 0.00 % 28.38 % 40.00 % % 0.01 % 98.31 % 135.94 % % Equity instruments (*) Net asset value Comparable pricing Credit option Gaussian Copula Correlation default 19.37 % 44.33 % 61.08 % % Corporate Bond option Black 76 Price volatility — Vegas Equity OTC option Heston Forward volatility skew 35.12 35.12 35.12 Vegas Local volatility Dividends (**) Volatility 2.49 23.21 60.90 Vegas FX OTC options Black Scholes/Local Vol Volatility 3.70 6.30 10.05 Vegas Interest rate options Libor Market Model Beta 0.25 2.00 18.00 % Correlation rate/Credit (100) 100 % Credit default Volatility — — — Vegas (*) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. (**) The range of unobservable dividends is too wide range to be relevant.
Financial assets level 3 Changes in the year [Table Text Block]	The changes in the balance of Level 3 financial assets and liabilities included in the accompanying consolidated balance sheets are as follows: Financial assets Level 3: Changes in the year (Millions of Euros) 2021 2020 2019 Assets Liabilities Assets Liabilities Assets Liabilities Balance at the beginning 2,984 1,902 3,316 2,103 3,527 4,115 Changes in fair value recognized in profit and loss (*) 338 143 611 296 112 71 Changes in fair value not recognized in profit and loss (47) (10) (89) (4) 2 — Acquisitions, disposals and liquidations (**) 2,531 156 (725) (652) (432) 479 Net transfers to Level 3 (436) (80) 549 199 76 (2,751) Exchange differences and others (69) (56) (160) (35) 31 189 Discontinued operations (***) — — (518) (5) — — Balance at the end 5,301 2,054 2,984 1,902 3,316 2,103 (*)Profit or loss that is attributable to gains or losses relating to those financial assets and liabilities held as of December 31, 2021, 2020 and 2019. Valuation adjustments are recorded under the heading “Gains (losses) on financial assets and liabilities (net)”. (**) Of which, in 2021, the assets roll forward is comprised of €2,742 million of acquisitions and €211 million of disposals. The liabilities roll forward is comprised of €213 million of acquisitions and €57 million of sales.
Transfer between levels [Table Text Block]	The financial instruments transferred among the different levels of measurement for the years ended December 31, 2021, 2020 and 2019 are at the following amounts in the accompanying consolidated balance sheets as of December 31, 2021, 2020 and 2019: Transfers among levels. December 2021 (Millions of Euros) From: Level 1 Level 2 Level 3 To: Level 2 Level 3 Level 1 Level 3 Level 1 Level 2 ASSETS Financial assets held for trading 924 2 35 184 10 637 Non-trading financial assets mandatorily at fair value through profit or loss 8 — — — 14 23 Financial assets designated at fair value through profit or loss — — — — — — Financial assets at fair value through other comprehensive income 596 17 506 50 — 6 Derivatives – Hedge accounting — — — — — — Total 1,528 19 542 234 24 665 LIABILITIES Financial liabilities held for trading 562 — 24 57 15 95 Financial liabilities designated at fair value through profit or loss — — — 38 — 65 Derivatives – Hedge accounting — — — — — — Total 562 — 24 95 15 160 Transfer among levels (Millions of Euros) 2020 2019 From: Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 To: Level 2 Level 3 Level 1 Level 3 Level 1 Level 2 Level 2 Level 3 Level 1 Level 3 Level 1 Level 2 ASSETS Financial assets held for trading 1,460 11 203 548 4 98 74 — 1,119 502 1 160 Non-trading financial assets mandatorily at fair value through profit or loss 9 11 4 — — 17 — — 23 2 — 44 Financial assets designated at fair value through profit or loss 143 — — — — — — — — — 1 — Financial assets at fair value through other comprehensive income 484 — 135 96 — 6 6 6 4 209 — 454 Derivatives – Hedge accounting — — — 8 — — — — — 26 — 10 Total 2,096 22 342 652 4 121 79 6 1,145 739 2 667 LIABILITIES Financial liabilities held for trading 8 3 — 180 — 13 1 — — — — — Financial liabilities designated at fair value through profit or loss — — — 56 — 27 — — — 27 — 2,679 Derivatives – Hedge accounting — — — — — — — — — 27 — 125 Total 8 3 — 236 — 40 1 — — 54 — 2,804
Financial assets level 3 Sensitivity analysis [Table Text Block]	As of December 31, 2021, the effect on profit for the year and total equity of changing the main unobservable inputs used for the measurement of Level 3 financial instruments for other reasonably possible unobservable inputs, taking the highest (most favorable input) or lowest (least favorable input) value of the range deemed probable, would be as follows: Financial instruments Level 3: sensitivity analysis (Millions of Euros) Potential impact on consolidated income statement Potential impact on other comprehensive income Most favorable hypothesis Least favorable hypothesis Most favorable hypothesis Least favorable hypothesis ASSETS Financial assets held for trading 33 (57) — — Loans and advances 4 (4) — — Debt securities 24 (24) — — Equity instruments 1 (25) — — Derivatives 5 (5) — — Non-trading financial assets mandatorily at fair value through profit or loss 35 (36) — — Loans and advances 16 (5) — — Debt securities 10 (10) — — Equity instruments 9 (21) — — Financial assets designated at fair value through profit or loss — — — — Financial assets at fair value through other comprehensive income — — 41 (43) Total 68 (93) 41 (43) LIABILITIES Financial liabilities held for trading 3 (3) — — Total 3 (3) — —
Fair value of financial instruments at amortized cost by levels [Table Text Block]	The following table presents the fair value of key financial instruments carried at amortized cost in the accompanying consolidated balance sheets as of December 31, 2021, 2020 and 2019, broken down according to the method of valuation used for the estimation: Fair value of financial instruments at amortized cost by Levels (Millions of Euros) 2021 2020 2019 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 ASSETS Cash, cash balances at central banks and other demand deposits 67,581 — 218 65,355 — 165 44,111 — 192 Financial assets at amortized cost 33,213 13,033 331,205 35,196 15,066 324,005 29,391 217,279 196,119 LIABILITIES Financial liabilities at amortized cost 91,870 243,847 153,016 90,839 255,278 144,889 67,229 289,599 159,082
Fair value of financial instruments at amortized cost by valuation technique [Table Text Block]	The main valuation techniques and inputs used to estimate the fair value of financial instruments accounted for at cost and classified in levels 2 and 3 is shown below. These are broken down by type of financial instrument and the balances correspond to those as of December 31, 2021, 2020 and 2019: Fair Value of financial Instruments at amortized cost by valuation technique (Millions of Euros) 2021 2020 2019 Valuation technique(s) Main inputs used Level 2 Level 3 Level 2 Level 3 Level 2 Level 3 ASSETS Financial assets at amortized cost 13,033 331,205 15,066 324,005 217,279 196,119 Present-value method Loans and advances to central banks — — — — — 2 - Credit spread Loans and advances to credit institutions 863 12,329 1,883 12,641 9,049 4,628 - Credit spread Loans and advances to customers 3,416 318,059 3,904 310,924 194,897 190,144 - Credit spread Debt securities 8,755 817 9,279 440 13,333 1,345 - Credit spread LIABILITIES Financial liabilities at amortized cost 243,847 153,016 255,278 144,889 289,599 159,082 Deposits from central banks — 300 — 207 129 — Present-value method - Issuer´s credit risk Deposits from credit institutions 14,853 4,916 22,914 4,633 21,575 6,831 Deposits from customers 209,345 137,803 210,097 129,525 245,720 135,514 Debt certificates 10,014 4,391 14,413 4,848 14,194 11,133 Other financial liabilities 9,636 5,606 7,854 5,676 7,981 5,604

Note 9 (Tables)

Note 9 (Tables)	12 Months Ended
	Dec. 31, 2021
Cash Cash balances at central banks and other demand deposits [Abstract]
Cash Cash Balances At Central Banks And Other Demand Deposits [Table Text Block]	The breakdown of the balance under the heading “Cash, cash balances at central banks and other demand deposits” in the accompanying consolidated balance sheets is as follows: Cash, cash balances at central banks and other demand deposits (Millions of Euros) Notes 2021 2020 2019 Cash on hand 6,877 6,447 7,060 Cash balances at central banks (*) 55,004 53,079 31,756 Other demand deposits 5,918 5,994 5,488 Total 8.1 67,799 65,520 44,303 (*) The variation in 2020 with respect to 2019 is mainly due to an increase in balances of BBVA, S.A. at the Bank of Spain.

Note 10 (Tables)

Note 10 (Tables)	12 Months Ended
	Dec. 31, 2021
Financial assets and liabilities held for trading [Abstract]
Financial assets and liabilities held for trading [Table Text Block]	The breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows: Financial assets and liabilities held for trading (Millions of Euros) Notes 2021 2020 2019 ASSETS Derivatives (*) 30,933 40,183 32,232 Equity instruments 7.2.2 15,963 11,458 8,892 Credit institutions 816 633 1,037 Other sectors 15,147 10,824 7,855 Debt securities 7.2.2 25,790 23,970 26,309 Issued by central banks 936 1,011 840 Issued by public administrations 21,946 19,942 23,918 Issued by financial institutions 1,130 1,479 679 Other debt securities 1,778 1,538 872 Loans and advances (**) 7.2.2 50,807 30,268 32,037 Loans and advances to central banks 3,467 53 535 Reverse repurchase agreement 3,467 53 535 Loans and advances to credit institutions 31,916 18,317 19,020 Reverse repurchase agreement 31,901 18,310 18,953 Loans and advances to customers 15,424 11,898 12,482 Reverse repurchase agreement 14,916 11,295 12,187 Total assets 8.1 123,493 105,878 99,469 LIABILITIES Derivatives (*) 31,705 41,680 34,066 Short positions 15,135 12,312 12,249 Deposits (**) 44,294 30,117 40,099 Deposits from central banks 11,248 6,277 7,635 Repurchase agreement 11,248 6,277 7,635 Deposits from credit institutions 16,176 14,377 22,704 Repurchase agreement 15,632 14,035 22,313 Customer deposits 16,870 9,463 9,761 Repurchase agreement 16,824 9,418 9,689 Total liabilities 8.1 91,135 84,109 86,414 (*) The variation in 2021 is mainly due to the evolution of interest rate derivatives at BBVA, S.A. (**) The variation in 2021 corresponds mainly to the evolution of "Reverse repurchase agreement" of BBVA S.A., partially offset by the evolution of "Repurchase agreement". The information for 2020 and 2019 has been subject to certain non-significant modifications in order to improve comparability with the figures for financial year 2021 (see Note 1.3).
Derivatives by type of risk and by product or by type of market [Table Text Block]	Below is a breakdown of the net positions by transaction type of the fair value and notional amounts of derivatives recognized in the accompanying consolidated balance sheets, divided into organized and OTC markets: Derivatives by type of risk and by product or by type of market (Millions of Euros) 2021 2020 2019 Assets Liabilities Notional amount - Total Assets Liabilities Notional amount - Total Assets Liabilities Notional amount - Total Interest rate 15,782 15,615 3,902,760 26,451 26,028 3,252,066 21,004 20,378 3,024,794 OTC 15,774 15,610 3,884,561 26,447 26,020 3,233,718 21,004 20,377 2,997,443 Organized market 8 5 18,199 3 8 18,348 — 1 27,351 Equity instruments 2,802 4,123 72,656 2,626 4,143 72,176 2,263 3,499 84,140 OTC 775 1,930 48,695 584 1,836 42,351 353 1,435 40,507 Organized market 2,028 2,192 23,962 2,042 2,307 29,825 1,910 2,065 43,633 Foreign exchange and gold 12,104 11,471 533,395 10,952 11,216 461,898 8,608 9,788 472,194 OTC 12,090 11,445 526,590 10,942 11,216 457,180 8,571 9,782 463,662 Organized market 14 26 6,805 10 — 4,719 37 6 8,532 Credit 236 490 19,937 153 292 23,411 353 397 29,077 Credit default swap 236 254 18,121 146 156 21,529 338 283 26,702 Credit spread option — — — — — — — 2 150 Total return swap — 236 1,815 7 136 1,882 14 113 2,225 Other — — — — — — — — — Commodities 8 7 149 1 1 26 4 4 64 DERIVATIVES 30,933 31,705 4,528,897 40,183 41,680 3,809,577 32,232 34,066 3,610,269 Of which: OTC - credit institutions 21,069 22,488 1,073,921 24,432 27,244 958,017 19,962 22,973 1,000,243 Of which: OTC - other financial corporations 3,300 3,075 3,257,382 8,211 8,493 2,663,978 6,028 6,089 2,370,988 Of which: OTC - other 4,514 3,919 148,629 5,484 3,627 134,690 4,294 2,932 159,521

Note 11 (Tables)

Note 11 (Tables)	12 Months Ended
	Dec. 31, 2021
Non trading financial assets mandatorily at fair value through profit or loss [Abstract]
Non trading financial assets at fair value through profit or loss mandatorily measured at fair value [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as follows: Non-trading financial assets mandatorily at fair value through profit or loss (Millions of Euros) Notes 2021 2020 2019 Equity instruments (*) 7.2.2 5,303 4,133 4,327 Debt securities 7.2.2 128 356 110 Loans and advances to customers 7.2.2 655 709 1,120 Total 8.1 6,086 5,198 5,557 (*) The variation in 2021 is mainly due to increased exposure to investment funds in Mexican insurance companies, as a result of increases in the volume of products and the evolution of investment activity in fintech companies.

Note 12 (Tables)

Note 12 (Tables)	12 Months Ended
	Dec. 31, 2021
Financial assets at fair value through profit or loss [abstract]
Financial Instruments Designated At Fair Value Through Profit Or Loss [Table Text Block]	The breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows: Financial assets and liabilities designated at fair value through profit or loss (Millions of Euros) Notes 2021 2020 2019 ASSETS Debt securities 7.2.2 / 8.1 1,092 1,117 1,214 LIABILITIES Customer deposits 809 902 944 Debt certificates issued 3,396 4,531 4,656 Other financial liabilities: Unit-linked products 5,479 4,617 4,410 Total liabilities 8.1 9,683 10,050 10,010

Note 13 (Tables)

Note 13 (Tables)	12 Months Ended
	Dec. 31, 2021
Financial assets at fair value through other comprehensive income [abstract]
Financial assets at fair value through other comprehensive income [Table Text Block]	The breakdown of the balance by the main financial instruments in the accompanying consolidated balance sheets is as follows: Financial assets at fair value through other comprehensive income (Millions of Euros) Notes 2021 2020 2019 Equity instruments 7.2.2 1,320 1,100 2,420 Debt securities (*) 59,074 68,308 58,731 Loans and advances to credit institutions 7.2.2 27 33 33 Total 8.1 60,421 69,440 61,183 Of which: loss allowances of debt securities (74) (97) (110) (*) The variation, in the last 3 years, corresponds mainly to changes in the portfolio of financial assets issued by governments in BBVA, S.A.
Financial assets at fair value through other comprehensive income equity instruments [Table Text Block]	The breakdown of the balance under the heading "Equity instruments" of the accompanying consolidated financial statements as of December 31, 2021, 2020 and 2019 is as follows: Financial assets at fair value through other comprehensive income. Equity instruments (Millions of Euros) 2021 2020 2019 Cost Unrealized gains Unrealized losses Fair value Cost Unrealized gains Unrealized losses Fair value Cost Unrealized gains Unrealized losses Fair value Listed equity instruments Spanish companies shares 2,235 — (1,146) 1,088 2,182 — (1,309) 873 2,181 — (507) 1,674 Foreign companies shares 98 35 (8) 125 100 38 (17) 121 136 87 (11) 213 The United States 29 — — 29 27 — — 27 30 47 — 78 Mexico 1 28 — 29 1 33 — 34 1 33 — 34 Turkey — 4 — 5 2 4 — 6 3 2 — 5 Other countries 69 2 (8) 63 70 1 (17) 54 102 5 (11) 96 Subtotal listed equity instruments 2,333 35 (1,154) 1,214 2,282 38 (1,326) 995 2,317 87 (518) 1,886 Unlisted equity instruments Spanish companies shares 5 7 — 11 5 1 — 5 5 1 — 5 Foreign companies shares 55 41 (1) 95 58 43 (1) 100 450 79 (1) 528 The United States — — — — — — — — 387 32 — 419 Mexico — — — 1 — — — 1 — — — — Turkey 3 — — 3 5 — — 5 5 4 — 9 Other countries 51 41 (1) 91 52 43 (1) 94 57 43 (1) 99 Subtotal unlisted equity instruments 60 48 (1) 107 62 44 (1) 105 454 80 (1) 533 Total 2,393 83 (1,155) 1,320 2,344 82 (1,327) 1,100 2,772 167 (519) 2,420
Financial assets at fair value through other comprehensive income debt securities [Table Text Block]	The breakdown of the balance under the heading “Debt securities” of the accompanying consolidated financial statements as of December 31, 2021, 2020 and 2019, broken down by issuers, is as follows: Financial assets at fair value through other comprehensive income. Debt securities (Millions of Euros) 2021 2020 2019 Amortized cost Unrealized gains Unrealized losses Fair value Amortized cost Unrealized gains Unrealized losses Fair value Amortized cost Unrealized gains Unrealized losses Fair value Domestic debt securities Government and other government agency 15,889 656 — 16,544 28,582 801 (16) 29,367 20,740 830 (20) 21,550 Central banks — — — — — — — — — — — — Credit institutions 1,125 51 — 1,176 1,363 76 — 1,439 959 65 — 1,024 Other issuers 612 24 (1) 635 867 40 (1) 906 907 40 — 947 Subtotal 17,625 731 (2) 18,355 30,811 917 (17) 31,712 22,607 935 (21) 23,521 Foreign debt securities Mexico 11,097 32 (359) 10,769 9,107 291 (3) 9,395 7,790 22 (26) 7,786 Government and other government agency 10,467 21 (348) 10,141 8,309 271 (1) 8,579 6,869 18 (19) 6,868 Central banks — — — — — — — — — — — — Credit institutions 120 3 (6) 118 113 5 — 118 77 2 — 78 Other issuers 509 7 (6) 510 685 15 (2) 698 843 2 (6) 840 Italy 7,407 213 (12) 7,608 3,897 367 — 4,263 2,325 244 (2) 2,567 Government and other government agency 7,274 212 (12) 7,474 3,789 366 — 4,154 2,193 244 (2) 2,435 Central banks — — — — — — — — — — — — Credit institutions 47 — — 47 48 — — 48 52 — — 52 Other issuers 86 1 — 87 60 1 — 61 80 1 — 81 Japan 4,961 7 — 4,968 4,551 1 (3) 4,549 2,735 3 — 2,738 Government and other government agency 4,906 7 — 4,913 4,492 — (3) 4,489 2,691 3 — 2,694 Central banks — — — — — — — — — — — — Credit institutions 18 — — 18 — — — — — — — — Other issuers 36 1 — 37 59 1 — 60 43 — — 44 The United States 3,900 44 (18) 3,926 4,642 52 (3) 4,691 11,376 68 (51) 11,393 Government and other government agency 1,754 7 (17) 1,744 2,307 9 (1) 2,315 8,570 42 (12) 8,599 Central banks — — — — — — — — — — — — Credit institutions 114 2 — 116 186 3 — 188 122 2 — 124 Other issuers 2,032 35 (1) 2,065 2,149 40 (2) 2,187 2,684 24 (39) 2,670 Turkey 2,888 199 (168) 2,920 3,456 90 (73) 3,473 3,752 38 (76) 3,713 Government and other government agency 2,888 199 (168) 2,920 3,456 90 (73) 3,473 3,752 38 (76) 3,713 Central banks — — — — — — — — — — — — Credit institutions — — — — — — — — — — — — Other issuers — — — — — — — — — — — — Other countries 10,298 286 (55) 10,529 9,892 372 (39) 10,225 6,810 307 (104) 7,013 Other foreign governments and government agency 2,488 115 (29) 2,574 2,177 136 (14) 2,300 2,079 137 (76) 2,140 Central banks 1,698 3 (5) 1,696 1,599 21 (8) 1,611 1,005 9 (4) 1,010 Credit institutions 2,306 92 (16) 2,382 2,468 116 (8) 2,576 1,743 109 (12) 1,840 Other issuers 3,807 76 (6) 3,877 3,648 99 (8) 3,738 1,983 52 (12) 2,023 Subtotal 40,551 780 (612) 40,719 35,545 1,172 (120) 36,596 34,788 681 (259) 35,210 Total 58,176 1,511 (614) 59,074 66,356 2,089 (137) 68,308 57,395 1,617 (280) 58,731
Financial assets at fair value through other comprehensive income debt securities by rating [Table Text Block]	The credit ratings of the issuers of debt securities as of December 31, 2021, 2020 and 2019 are as follows: Debt securities by rating 2021 2020 2019 Fair value (Millions of Euros) % Fair value (Millions of Euros) % Fair value (Millions of euros) % AAA 2,413 4.1 % 4,345 6.4 % 3,669 6.2 % AA+ 586 1.0 % 595 0.9 % 7,279 12.4 % AA 646 1.1 % 449 0.7 % 317 0.5 % AA- 327 0.6 % 406 0.6 % 265 0.5 % A+ 6,179 10.5 % 5,912 8.7 % 3,367 5.7 % A 1,676 2.8 % 2,112 3.1 % 12,895 22.0 % A- 18,760 31.8 % 31,614 46.3 % 10,947 18.6 % BBB+ 11,465 19.4 % 8,629 12.6 % 9,946 16.9 % BBB 10,961 18.6 % 4,054 5.9 % 2,966 5.1 % BBB- 1,310 2.2 % 5,116 7.5 % 1,927 3.3 % BB+ or below 4,379 7.4 % 4,731 6.9 % 4,712 8.0 % Unclassified 372 0.6 % 345 0.5 % 441 0.8 % Total 59,074 100.0 % 68,308 100.0 % 58,731 100.0 %
Accumulated other comprehensive income items that may be reclassified to profit or loss. Financial assets at fair value through other comprehensive income [Table Text Block]	The changes in the gains/losses (net of taxes) in December 31, 2021, 2020 and 2019 of debt securities recognized under the equity heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss – Fair value changes of debt instruments measured at fair value through other comprehensive income” and equity instruments recognized under the equity heading “Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss –Fair value changes of equity instruments measured at fair value through other comprehensive income” in the accompanying consolidated balance sheets are as follows: Other comprehensive income - Changes in gains (losses) (Millions of Euros) Debt securities Equity instruments Notes 2021 2020 2019 2021 2020 2019 Balance at the beginning 2,069 1,760 943 (1,256) (403) (155) Valuation gains and losses (1,058) 489 1,267 183 (803) (238) Amounts transferred to income (63) (72) (119) — Amounts transferred to Reserves — (73) — Income tax and other 325 (107) (331) (7) 23 (10) Balance at the end 30 1,274 2,069 1,760 (1,079) (1,256) (403)

Note 14 (Tables)

Note 14 (Tables)	12 Months Ended
	Dec. 31, 2021
Financial Assets At Amortised Cost [Abstract]
Financial assets at amortised cost [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated balance sheets, according to the nature of the financial instrument, is as follows: Financial assets at amortized cost (Millions of Euros) Notes 2021 2020 2019 Debt securities 34,781 35,737 38,877 Central banks 15 — — Government 32,130 28,727 31,526 Credit institutions 817 783 719 Other financial corporations 525 5,027 5,254 Non-financial corporations 1,295 1,200 1,379 Loans and advances to central banks 5,681 6,209 4,275 Loans and advances to credit institutions 13,276 14,575 13,649 Reverse repurchase agreements 2,788 1,914 1,817 Other loans and advances 10,488 12,661 11,832 Loans and advances to customers (*) 7.2.2 318,939 311,147 382,360 Government 19,682 19,391 28,222 Other financial corporations 9,804 9,817 11,207 Non-financial corporations 140,993 136,424 166,789 Other 148,461 145,515 176,142 Total 8.1 372,676 367,668 439,162 Of which: impaired assets of loans and advances to customers 7.2.2 14,657 14,672 15,954 Of which: loss allowances of loans and advances 7.2.5 (11,142) (12,141) (12,427) Of which: loss allowances of debt securities (52) (48) (52) (*) The variation in 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
Debt securities at amortized cost [Table Text Block]	The breakdown of the balance under the heading “Debt securities” in the accompanying consolidated balance sheets, according to the issuer of the debt securities, is as follows: Financial assets at amortized cost. Debt securities. (Millions of Euros) 2021 2020 2019 Amortized cost Unrealized gains Unrealized losses Fair value Amortized cost Unrealized gains Unrealized losses Fair value Amortized cost Unrealized gains Unrealized losses Fair value Domestic debt securities Government and other government agencies 17,693 1,326 (7) 19,013 13,656 1,212 — 14,868 12,755 630 (21) 13,363 Central banks — — — — — — — — — — — — Credit institutions — — — — — — — — 26 — — 26 Other issuers 337 10 (6) 341 4,835 59 (7) 4,887 4,903 38 (10) 4,931 Subtotal 18,031 1,336 (13) 19,353 18,492 1,271 (7) 19,756 17,684 668 (31) 18,320 Foreign debt securities Mexico 8,464 182 (138) 8,508 7,771 534 (16) 8,289 6,374 168 (18) 6,525 Government and other government agencies 7,669 170 (131) 7,708 6,963 479 — 7,442 5,576 166 — 5,742 Central banks — — — — — — — — — — — — Credit institutions 614 11 — 625 632 55 — 687 526 2 — 529 Other issuers 181 1 (7) 175 176 — (16) 160 272 — (18) 254 The United States 93 — — 93 52 — (26) 26 6,125 111 (20) 6,217 Government and other government agencies 10 — — 10 14 — — 14 5,690 111 (18) 5,783 Central banks — — — — — — — — — — — — Credit institutions 26 — — 26 23 — (16) 7 25 — (1) 25 Other issuers 57 — — 57 15 — (10) 5 410 — (1) 409 Turkey 2,634 143 (95) 2,682 3,628 95 (25) 3,698 4,113 48 (65) 4,097 Government and other government agencies 2,628 143 (95) 2,676 3,621 95 (25) 3,691 4,105 47 (65) 4,088 Central banks — — — — — — — — — — — — Credit institutions 5 — — 5 6 — — 6 7 1 — 8 Other issuers — — — — 1 — — 1 1 — — 1 Other countries 5,559 289 (37) 5,812 5,795 505 (1) 6,299 4,581 82 (26) 4,637 Other foreign governments and other government agency 4,144 257 (28) 4,374 4,473 467 (1) 4,939 3,400 82 (22) 3,459 Central banks — — — — — — — — — — — — Credit institutions 171 — — 171 122 — — 122 135 — — 135 Other issuers 1,243 32 (9) 1,267 1,200 38 — 1,238 1,047 — (4) 1,043 Subtotal 16,750 614 (270) 17,094 17,245 1,134 (68) 18,311 21,194 409 (129) 21,476 Total 34,781 1,950 (284) 36,447 35,737 2,405 (75) 38,067 38,877 1,077 (160) 39,796
Debt securities by rating [Table Text Block]	As of December 31, 2021, 2020 and 2019, the distribution according to the credit quality (ratings) of the issuers of debt securities classified as financial assets at amortized cost, was as follows: Debt securities by rating 2021 2020 2019 Carrying amount (Millions of Euros) % Carrying amount (Millions of Euros) % Carrying amount (Millions of Euros) % AAA 143 0.4 % 151 0.4 % 39 0.1 % AA+ 77 0.2 % 74 0.2 % 6,481 16.7 % AA 76 0.2 % 64 0.2 % 14 — % AA- 69 0.2 % 48 0.1 % 713 1.8 % A+ 62 0.2 % 42 — % — — % A 619 1.8 % 590 1.7 % 16,806 43.2 % A- 16,312 46.9 % 16,736 46.8 % 607 1.6 % BBB+ 9,336 26.8 % 7,919 22.2 % 3,715 9.6 % BBB 3,853 11.1 % 942 2.6 % 551 1.4 % BBB- 527 1.5 % 4,499 12.6 % 3,745 9.6 % BB+ or below 3,120 9.0 % 3,928 11.0 % 5,123 13.2 % Unclassified 587 1.7 % 743 2.1 % 1,083 2.8 % Total 34,781 100.0 % 35,737 100.0 % 38,877 100.0 %
Loans and advances to customers [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated balance sheets, according to their nature, is as follows: Loans and advances to customers (Millions of Euros) 2021 2020 2019 On demand and short notice 3,161 2,835 3,050 Credit card debt 14,030 13,093 16,354 Trade receivables 19,524 15,544 17,276 Finance leases 7,911 7,650 8,711 Reverse repurchase agreements 23 71 26 Other term loans 268,047 267,031 332,160 Advances that are not loans 6,243 4,924 4,784 Total 318,939 311,147 382,360
Loans and advances maturing in more than one year by interest rate fixed and floating [Table Text Block]	The following table sets forth a breakdown of the gross carrying amount "Loans and advances to customers" with maturity greater than one year by fixed and variable rate as of December 31, 2021, 2020 and 2019: Loans and advances maturing in more than one year by fixed and variable rate (Millions of Euros) 2021 2020 2019 Domestic Foreign Total Domestic Foreign Total Domestic Foreign Total Fixed rate 56,756 62,228 118,984 46,104 66,444 112,548 55,920 68,915 124,835 Variable rate 75,544 44,237 119,781 86,710 41,452 128,162 79,329 97,765 177,095 Total 132,300 106,465 238,765 132,814 107,895 240,710 135,249 166,680 301,929
Securitized loans [Table Text Block]	This heading also includes some loans that have been securitized. The balances recognized in the accompanying consolidated balance sheets corresponding to these securitized loans are as follows: Securitized loans (Millions of Euros) 2021 2020 2019 Securitized mortgage assets 23,695 23,953 26,169 Other securitized assets 6,547 6,144 4,249 Total 30,242 30,098 30,418

Note 15 (Tables)

Note 15 (Tables)	12 Months Ended
	Dec. 31, 2021
Hedging derivatives and fair value changes of the hedged items in portfolio hedge of interest rate risk [Abstract]
Derivatives Hedge accounting and fair value changes of the hedged items in portfolio hedge of interest rate risk [Table Text Block]	The balance of these headings in the accompanying consolidated balance sheets is as follows: Derivatives – Hedge accounting and fair value changes of the hedged items in portfolio hedge of interest rate risk (Millions of Euros) 2021 2020 2019 ASSETS Derivatives - Hedge accounting 1,805 1,991 1,729 Fair value changes of the hedged items in portfolio hedges of interest rate risk 5 51 28 LIABILITIES Derivatives - Hedge accounting 2,626 2,318 2,233 Fair value changes of the hedged items in portfolio hedges of interest rate risk — — —
Derivatives Hedge accounting breakdown by type of risk and type of hedge [Table Text Block]	The details of the net positions by hedged risk of the fair value of the hedging derivatives recognized in the accompanying consolidated balance sheets are as follows: Derivatives - Hedge accounting. Breakdown by type of risk and type of hedge (Millions of Euros) 2021 2020 2019 Assets Liabilities Assets Liabilities Assets Liabilities Interest rate 697 322 989 525 920 488 OTC 697 322 989 525 920 488 Organized market — — — — — — Equity — — — — — 3 OTC — — — — — 3 Organized market — — — — — — Foreign exchange and gold 463 135 435 350 420 316 OTC 463 135 435 350 420 316 Organized market — — — — — — Credit — — — — — — Commodities — — — — — — Other — — — — — — FAIR VALUE HEDGES 1,160 457 1,424 874 1,341 808 Interest rate 228 1,786 154 1,055 224 850 OTC 226 1,786 154 1,041 224 839 Organized market 2 — — 15 — 11 Equity — — — — — — Foreign exchange and gold 180 79 225 55 115 18 OTC 180 79 225 50 115 18 Organized market — — — 5 — — Credit — — — — — — Commodities — — — — — — Other — — — — — — CASH FLOW HEDGES 408 1,865 379 1,111 339 868 HEDGE OF NET INVESTMENTS IN A FOREIGN OPERATION 198 196 166 139 12 242 PORTFOLIO FAIR VALUE HEDGES OF INTEREST RATE RISK 18 95 18 170 37 216 PORTFOLIO CASH FLOW HEDGES OF INTEREST RATE RISK 21 13 3 23 1 99 DERIVATIVES-HEDGE ACCOUNTING 1,805 2,626 1,991 2,318 1,729 2,233 of which: OTC - credit institutions 1,454 2,248 1,718 1,965 1,423 1,787 of which: OTC - other financial corporations 349 378 273 333 306 426
Hedged items in fair value hedges [Table Text Block]	Below there is a breakdown of the items covered by fair value hedges: Hedged items in fair value hedges (Millions of Euros) Carrying amount Hedge adjustments included in the carrying amount of assets/liabilities Remaining adjustments for discontinued micro hedges including hedges of net positions Hedged items in portfolio hedge of interest rate risk 2021 2020 2021 2020 2021 2020 2021 2020 ASSETS Financial assets measured at fair value through other comprehensive income 20,333 28,091 (52) (99) 11 12 — — Interest rate 20,285 28,059 Other 49 33 Financial assets measured at amortized cost 8,273 11,177 168 386 5 3 1,997 2,500 Interest rate 8,270 11,177 Foreign exchange and gold 2 — LIABILITIES Financial liabilities measured at amortized costs 24,567 23,546 (690) (576) — 2 — — Interest rate 24,563 23,543 Foreign exchange and gold 5 3
Calendar of the notional maturities of the hedging instruments [Table Text Block]	The following is the breakdown, by their notional maturities, of the hedging instruments as of December 31, 2021: Calendar of the notional maturities of the hedging instruments (Millions of Euros) Up to 3 months From 3 months to 1 year From 1 to 5 years More than 5 years Total FAIR VALUE HEDGES 2,820 8,467 28,506 13,615 53,409 Of which: Interest rate 2,807 8,360 27,239 13,615 52,021 CASH FLOW HEDGES 195 3,346 36,410 4,381 44,332 Of which: Interest rate — 2,713 34,787 4,381 41,882 HEDGE OF NET INVESTMENTS IN A FOREIGN OPERATION 2,241 2,617 — — 4,857 PORTFOLIO FAIR VALUE HEDGES OF INTEREST RATE RISK 175 647 1,258 1,108 3,187 PORTFOLIO CASH FLOW HEDGES OF INTEREST RATE RISK 171 428 851 132 1,583 DERIVATIVES-HEDGE ACCOUNTING 5,602 15,505 67,024 19,236 107,368
Hedges affected by the IBOR reform [Table Text Block]	The nominal amount of the hedging instruments for hedging relationships directly affected by the IBOR reform as of December 31, 2021 is the following: Hedges affected by the IBOR reform (Millions of Euros) LIBOR USD LIBOR GBP Other Total Cash flow hedges 1,056 — — 1,056 Fair value hedges 7,939 389 583 8,910

Note 16 (Tables)

Note 16 (Tables)	12 Months Ended
	Dec. 31, 2021
Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]
Investments In Subsidiaries Joint Ventures And Associates [Table Text Block]	The breakdown of the balance of “Investments in joint ventures and associates” in the accompanying consolidated balance sheets is as follows: Joint ventures and associates. Breakdown by entities (Millions of Euros) 2021 2020 2019 Joint ventures Altura Markets, S.V., S.A. 76 77 73 RCI Colombia 40 36 37 Desarrollo Metropolitanos del Sur, S.L. 18 17 14 Other 18 19 30 Subtotal 152 149 154 Associates Divarian Propiedad, S.A.U. — 567 630 Metrovacesa, S.A. 259 285 443 BBVA Allianz Seguros y Reaseguros, S.A. 254 250 — ATOM Bank PLC 77 64 136 Solarisbank AG 61 39 36 Cofides 28 25 23 Redsys servicios de procesamiento, S.L. 19 14 14 Servicios Electrónicos Globales S.A. de CV 15 11 11 Other 35 33 41 Subtotal 749 1,288 1,334 Total 900 1,437 1,488
Joint ventures and associates changes in the year [Table Text Block]	The following is a summary of the changes in the years ended December 31, 2021, 2020 and 2019 under this heading in the accompanying consolidated balance sheets: Joint ventures and associates. Changes in the year (Millions of Euros) Notes 2021 2020 2019 Balance at the beginning 1,437 1,488 1,578 Acquisitions and capital increases 22 257 161 Disposals and capital reductions (1) (47) (149) Transfers and changes of consolidation method (559) (7) (27) Share of profit and loss 39 1 (39) (42) Exchange differences 9 (27) 10 Dividends, valuation adjustments and others (9) (188) (43) Balance at the end 900 1,437 1,488

Note 17 (Tables)

Note 17 (Tables)	12 Months Ended
	Dec. 31, 2021
Tangible Assets [Abstract]
Tangible Assets Breakdown By Type Of Asset [Table Text Block]	The breakdown and movement of the balance and changes of this heading in the accompanying consolidated balance sheets, according to the nature of the related items, is as follows: Tangible assets. Breakdown by type of assets and changes in the year 2021 (Millions of Euros) Land and buildings Work in progress Furniture, fixtures and vehicles Right to use asset Investment Properties Assets leased out under an operating lease Total Notes Own use Investment Properties Cost Balance at the beginning 4,380 52 5,515 3,061 123 201 345 13,677 Additions 58 31 262 230 4 — — 585 Retirements (5) (1) (281) (59) — (1) — (347) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (112) (8) (29) (34) 35 1 — (147) Exchange difference and other 29 (7) (79) (44) — (54) (78) (233) Balance at the end 4,350 67 5,388 3,154 162 147 267 13,535 Accrued depreciation Balance at the beginning 833 — 3,859 582 27 16 54 5,371 Additions 45 79 — 358 284 15 4 — 740 Additions transfer to discontinued operations — — — — — — — — Retirements (19) — (259) (16) — (4) — (298) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (23) — (17) (5) 5 1 — (39) Exchange difference and other 30 — (108) (34) — — (21) (134) Balance at the end 900 — 3,833 811 47 17 33 5,641 Impairment Balance at the beginning 149 — — 274 26 34 — 483 Additions (*) 49 — — 1 151 8 1 — 161 Additions transfer to discontinued operations — — — — — — — — Retirements — — — — — — — — Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (24) — 17 — — 2 — (5) Exchange difference and other (11) — (18) 2 — (16) — (43) Balance at the end 114 — — 427 34 21 — 596 Net tangible assets Balance at the beginning 3,398 52 1,656 2,205 70 151 291 7,823 Balance at the end 3,336 67 1,555 1,916 81 109 234 7,298 (*) In 2021, it includes allowances on right of use of the rented offices after the agreement with union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 24 and 49). Tangible assets: Breakdown by type of assets and changes in the year 2020 (Millions of Euros) Right to use asset Investment properties Assets leased out under an operating lease Total Notes Land and buildings Work in progress Furniture, fixtures and vehicles Own use Investment properties Cost Balance at the beginning 6,001 56 6,351 3,516 101 216 337 16,578 Additions 157 54 255 183 — 2 — 651 Retirements (10) (23) (294) (157) (3) (11) — (498) Acquisition of subsidiaries in the year — — — — — — — — Companies held for sale (*) (925) (31) (366) (294) — — — (1,616) Transfers (248) (2) (5) (60) 25 18 — (272) Exchange difference and other (595) (2) (426) (127) — (24) 8 (1,166) Balance at the end 4,380 52 5,515 3,061 123 201 345 13,677 Accrued depreciation Balance at the beginning 1,253 — 4,344 370 11 15 74 6,067 Additions 45 83 — 370 312 12 3 1 781 Additions transfer to discontinued operations (*) 24 — 20 32 — — — 76 Retirements (2) — (248) (10) — — — (260) Acquisition of subsidiaries in the year — — — — — — — — Companies held for sale (*) (373) — (321) (71) — — — (765) Transfers (42) — (12) (9) 4 1 — (58) Exchange difference and other (110) — (294) (42) — (3) (21) (470) Balance at the end 833 — 3,859 582 27 16 54 5,371 Impairment Balance at the beginning 212 — — 191 14 26 — 443 Additions 49 18 — 26 68 12 1 — 125 Retirements — — — — — — — — Acquisition of subsidiaries in the year — — — — — — — — Companies held for sale (*) (8) — — — — — — (8) Transfers (68) — — 10 — 7 — (51) Exchange difference and other (5) — (26) 5 — — — (26) Balance at the end 149 — — 274 26 34 — 483 Net tangible assets Balance at the beginning 4,536 56 2,007 2,955 76 175 263 10,068 Balance at the end 3,398 52 1,656 2,205 70 151 291 7,823 (*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). Tangible assets. Breakdown by type of assets and changes in the year 2019 (Millions of Euros) Right to use asset Total Notes Land and buildings Work in progress Furniture, fixtures and vehicles Own use Investment properties Investment properties Assets leased out under an operating lease Cost Balance at the beginning 5,939 70 6,314 — — 201 386 12,910 Additions 90 63 335 3,574 101 12 — 4,175 Retirements (44) (20) (302) (57) — (10) — (433) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (41) (51) (8) (1) — 13 — (88) Exchange difference and other 57 (6) 12 — — — (49) 14 Balance at the end 6,001 56 6,351 3,516 101 216 337 16,578 Accrued depreciation Balance at the beginning 1,138 — 4,212 — — 11 76 5,437 Additions 45 92 — 431 338 11 4 — 876 Additions transfer to discontinued operations (*) 34 — 26 43 — — — 103 Retirements (38) — (255) (3) — — — (296) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (16) — (13) (1) — — — (30) Exchange difference and other 43 — (57) (7) — — (2) (23) Balance at the end 1,253 — 4,344 370 11 15 74 6,067 Impairment Balance at the beginning 217 — — — — 27 — 244 Additions 49 14 — 20 60 — — — 94 Retirements (3) — — — — — — (3) Acquisition of subsidiaries in the year — — — — — — — — Disposal of entities in the year — — — — — — — — Transfers (16) — — 127 14 (4) — 121 Exchange difference and other — — (20) 4 — 3 — (13) Balance at the end 212 — — 191 14 26 — 443 Net tangible assets — — — — — — — — — — — — — — — — Balance at the beginning 4,584 70 2,102 — — 163 310 7,229 Balance at the end 4,536 56 2,007 2,955 76 175 263 10,068 (*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
Tangible assets by Spanish and foreign subsidiaries net assets values [Table Text Block]	The following table shows the detail of the net carrying amount of the tangible assets corresponding to Spanish and foreign subsidiaries as of December 31, 2021, 2020 and 2019: Tangible assets by Spanish and foreign subsidiaries. Net assets values (Millions of euros) 2021 (*) 2020 (**) 2019 BBVA and Spanish subsidiaries 3,873 4,294 4,865 Foreign subsidiaries 3,425 3,529 5,203 Total 7,298 7,823 10,068 (*) The variation in 2021 is mainly due to the reclassification of owned offices and facilities from "Tangible assets" to "Non-current assets and disposal groups classified as held for sale" (see Notes 21, 24 and 50).

Note 18 (Tables)

Note 18 (Tables)	12 Months Ended
	Dec. 31, 2021
Intangible assets and goodwill [abstract]
Reconciliation Of Changes In Goodwill [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated balance sheets, according to the CGU to which goodwill has been allocated, is as follows: Goodwill. Breakdown by CGU and changes of the year (Millions of Euros) The United States (*) Mexico Turkey Colombia Chile Other Total Balance as of December 31, 2018 5,066 519 382 161 29 23 6,180 Additions — — — — — — — Exchange difference 98 31 (36) 3 (2) (1) 93 Impairment (1,318) — — — — — (1,318) Other — — — — — — — Balance as of December 31, 2019 3,846 550 346 164 27 22 4,955 Additions — — — — — — — Exchange difference (22) (72) (92) (21) — (1) (208) Impairment (2,084) — — — — (13) (2,097) Companies held for sale (1,740) — — — — — (1,740) Other — — — — — — — Balance as of December 31, 2020 — 478 254 143 27 8 910 Additions — — — — — — — Exchange difference — 26 (102) (9) (3) — (88) Impairment — — — — — (4) (4) Companies held for sale — — — — — — — Other — — — — — — — Balance as of December 31, 2021 — 504 152 134 24 4 818 (*) Since the USA sale agreement, the United States is no longer considered a CGU (see Note 3).
Impairment test assumptions CGU goodwill in Mexico [Table Text Block]	The Group’s most significant goodwill corresponds to the CGU in Mexico, the main significant assumptions used in the impairment test of this CGU as of December 31, 2021, 2020 and 2019 are as follows: Impairment test assumptions CGU goodwill in Mexico 2021 2020 2019 Discount rate (*) 14.5 % 15.3 % 14.8 % Growth rate 5.7 % 5.7 % 5.9 % (*) After tax discount rates.
Sensitivity analysis for main assumptions Mexico [Table Text Block]	The assumptions with a greater relative weight and whose volatility could have a greater impact in determining the present value of the cash flows starting on the fourth year are the discount rate and the growth rate. Below, in a simplified way, is shown the increased (or decreased) amount of the CGU recoverable amount as a result of a reasonable variation (in basis points) of each of the key assumptions, considered in isolation as of December 31, 2021, where, in each case, the value in use would continue to exceed their book value : Sensitivity analysis for main assumptions - Mexico (Millions of Euros) Increase of 50 basis points (*) Decrease of 50 basis points (*) Discount rate (1,709) 1,913 Growth rate 1,194 (1,067) (*)The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows.
Impairment test assumptions CGU goodwill in Turkey [Table Text Block]	The main significant assumptions used in the impairment test of the CGU of Turkey as of December 31, 2021, 2020 and 2019 are: Impairment test assumptions CGU goodwill in Turkey 2021 2020 2019 Discount rate (*) 27.7 % 21.0 % 17.4 % Growth rate 7.0 % 7.0 % 7.0 % (*) After tax discount rates.
Sensitivity analysis for main assumptions Turkey [Table Text Block]	The assumptions with a greater relative weight and whose volatility could affect more in determining the present value of the cash flows starting on the fifth year are the discount rate and the growth rate. Below, in a simplified way, is shown the increased (or decreased) amount of the recoverable amount as a result of a reasonable variation (in basis points) of each of the key assumptions, considered in isolation as of December 31, 2021, where, in any case, the value in use would continue to exceed their book value: Sensitivity analysis for main assumptions - Turkey (Millions of Euros) Impact of an increase of 50 basis points (*) Impact of a decrease of 50 basis points (*) Discount rate (84) 88 Growth rate 14 (13) (*) The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows.
Impairment test assumptions CGU goodwill USA [Table Text Block]	The main significant assumptions used in the impairment test of this CGU as of March 31, 2020 and December 31, 2019 were as follows: Impairment test assumptions CGU goodwill - United States 2020 2019 Discount rate (*) 10.3 % 10.0 % Growth rate 3.0 % 3.5 % (*) After tax discount rates.
Other Intangible Assets [Table Text Block]	The breakdown of the balance and changes of this heading in the accompanying consolidated balance sheets, according to the nature of the related items, is as follows: Other intangible assets (Millions of Euros) 2021 2020 2019 Computer software acquisition expense 1,239 1,202 1,598 Other intangible assets with an infinite useful life 12 12 11 Other intangible assets with a definite useful life 128 221 401 Total 1,379 1,435 2,010
Changes in other intangible assets [Table Text Block]	The changes of this heading during the years ended December 31, 2021, 2020 and 2019, are as follows: Other intangible assets (Millions of Euros) Notes Computer software Other intangible assets Total of intangible assets 2021 2020 2019 2021 2020 2019 2021 2020 2019 Balance at the beginning 1,202 1,598 1,605 233 412 529 1,435 2,010 2,134 Additions 470 452 525 — 8 8 470 460 533 Amortization in the year 45 (446) (448) (447) (48) (59) (63) (494) (507) (510) Amortization transfer to discontinued operations (*) — (77) (106) — (3) (4) — (80) (110) Exchange differences and other 29 (38) 32 (45) (91) (58) (16) (129) (25) Impairment (15) (6) (11) — — (1) (15) (6) (12) Decreases by companies held for sale (*) — (279) — — (34) — — (313) — Balance at the end 1,239 1,202 1,598 140 233 412 1,379 1,435 2,010 (*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).

Note 19 (Tables)

Note 19 (Tables)	12 Months Ended
	Dec. 31, 2021
Tax Assets And Liabilties [Abstract]
Reconciliation of taxation at the Spanis corporation tax rate to the tax expense recorded for the year [Table Text Block]	The reconciliation of the Group’s corporate income tax expense resulting from the application of the Spanish corporation income tax rate and the income tax expense recognized in the accompanying consolidated income statements is as follows: Reconciliation of taxation at the Spanish corporation tax rate to the tax expense recorded for the year (Millions of Euros) 2021 2020 2019 Amount Effective tax % Amount Effective tax % Amount Effective tax % Profit or (-) loss before tax 8,399 3,576 6,398 From continuing operations 7,247 5,248 7,046 From discontinued operations 1,152 (1,672) (648) Taxation at Spanish corporation tax rate 30% 2,519 1,073 1,920 Lower effective tax rate from foreign entities (*) (332) (181) (381) Mexico (109) 27 % (32) 29 % (112) 27 % Chile (5) 22 % (2) 23 % (2) 27 % Colombia — 30 % 3 31 % 6 32 % Peru 5 31 % (7) 28 % (12) 28 % Turkey (125) 23 % (73) 25 % (86) 23 % USA (62) 19 % (75) 16 % (97) 17 % Others (36) 5 (78) Revenues with lower tax rate (dividends/capital gains) (30) (49) (49) Equity accounted earnings — 12 18 USA Sale effect 544 — — Other effects (**) 80 661 545 Income tax 2,781 1,516 2,053 Of which: Continuing operations 1,909 1,459 1,943 Of which: Discontinued operations 872 57 110 (*) Calculated by applying the difference between the tax rate in force in Spain and the one applied to the Group’s earnings in each jurisdiction. (**) In 2020 and 2019, related mainly to the impact of the goodwill impairment of the United States' CGU that amounted to €2,084 and €1,318 million respectively. These impacts did not have associated any Corporate Income Tax (CIT) expense credit (once the 30% tax rate is applied, the effect amounted to €625 and €395 million, respectively).
Effective tax rate [Table Text Block]	The effective income tax rate for the Group in the years ended December 31, 2021, 2020 and 2019 is as follows: Effective tax rate (Millions of Euros) 2021 2020 2019 Income from: Consolidated tax group in Spain 655 259 (718) Other Spanish entities 5 7 7 Foreign entities 6,587 4,982 7,757 Gains (losses) before taxes from continuing operations 7,247 5,248 7,046 Tax expense or income related to profit or loss from continuing operations 1,909 1,459 1,943 Effective tax rate 26.3 % 27.8 % 27.6 %
Tax recognized in total equity [Table Text Block]	In addition to the income tax expense recognized in the accompanying consolidated income statements, the Group has recognized the following income tax charges for these items in the consolidated total equity: Tax recognized in total equity (Millions of Euros) 2021 2020 2019 Charges to total equity Debt securities and others (174) (230) (130) Equity instruments (33) (43) (40) Total (207) (273) (170)
Tax assets and liabilities [Table Text Block]	The balance under the heading "Tax assets" in the accompanying consolidated balance sheets includes current and deferred tax assets. The balance under the “Tax liabilities” heading includes the Group’s various current and deferred tax liabilities. The details of the mentioned tax assets and liabilities are as follows: Tax assets and liabilities (Millions of Euros) 2021 2020 2019 Tax assets Current tax assets 932 1,199 1,765 Deferred tax assets 14,917 15,327 15,318 Pensions 416 439 456 Financial Instruments 1,408 1,292 1,386 Loss allowances 1,676 1,683 1,636 Other 1,101 1,069 1,045 Secured tax assets 9,304 9,361 9,363 Tax losses 1,012 1,483 1,432 Total 15,850 16,526 17,083 Tax liabilities Current tax liabilities 644 545 880 Deferred tax liabilities 1,769 1,809 1,928 Financial Instruments 1,124 908 1,014 Other 645 901 914 Total 2,413 2,355 2,808
Deferred tax assets and liabilities annual variations [Table Text Block]	The most significant variations of the deferred tax assets and liabilities in the years 2021, 2020 and 2019 were derived from the following items: Deferred tax assets and liabilities. Annual variations (Millions of Euros) 2021 2020 2019 Deferred assets Deferred liabilities Deferred assets Deferred liabilities Deferred assets Deferred liabilities Balance at the beginning 15,327 1,809 15,318 1,928 15,316 2,046 Pensions (23) — (17) — 51 — Financials instruments 116 216 (94) (106) (15) (122) Loss allowances (7) — 47 — 261 — Others 32 (256) 24 (13) (247) 4 Guaranteed tax assets (57) — (2) — — — Tax losses (471) — 51 — (48) — Balance at the end 14,917 1,769 15,327 1,809 15,318 1,928
Secured tax assets [Table Text Block]	Of the deferred tax assets contained in the above table, the detail of the items and amounts guaranteed by the Spanish government, broken down by the items that originated those assets is as follows: Secured tax assets (Millions of Euros) 2021 2020 2019 Pensions 1,759 1,924 1,924 Loss allowances 7,545 7,437 7,439 Total 9,304 9,361 9,363

Note 20 (Tables)

Note 20 (Tables)	12 Months Ended
	Dec. 31, 2021
Other Assets And Liabilities [Abstract]
Other assets and liabilities [Table Text Block]	The composition of the balance of these captions of the accompanying consolidated balance sheets is: Other assets and liabilities (Millions of Euros) 2021 2020 2019 ASSETS Inventories 424 572 581 Transactions in progress 131 160 138 Accruals 730 756 804 Other items 649 1,025 2,277 Total 1,934 2,513 3,800 LIABILITIES Transactions in progress 48 75 39 Accruals 2,137 1,584 2,456 Other items 1,436 1,144 1,247 Total 3,621 2,802 3,742

Note 21 (Tables)

Note 21 (Tables)	12 Months Ended
	Dec. 31, 2021
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]
Non Current Assets And Disposal Groups Classified As Held For Sale Breakdown By Items [Table Text Block]	The composition of the balances under the headings “Non-current assets and disposal groups classified as held for sale” and “liabilities included in disposal groups classified as held for sale” in the accompanying consolidated balance sheets, broken down by the origin of the assets, is as follows: Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale. Breakdown by items (Millions of Euros) 2021 2020 2019 ASSETS Foreclosures and recoveries 1,218 1,398 1,647 Assets from tangible assets (*) 563 480 310 Companies held for sale (**) 41 84,792 1,716 Accrued amortization (***) (112) (89) (51) Impairment losses (*) (650) (594) (543) Total 1,061 85,987 3,079 LIABILITIES Companies held for sale (**) — 75,446 1,554 Total — 75,446 1,554 (*) In 2021, it includes the reclassification of owned offices and facilities from "tangible assets" to "non-current assets and disposal groups classified as held for sale" and the adjustments due to the closing of the owned offices and the decommissioning of facilities after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 24 and 50). (**) It includes mainly BBVA’s stake in BBVA USA in 2020 and BBVA's stake in BBVA Paraguay in 2019 (see Note 3). (***) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale".
Condensed balance sheets of companies sold in the USA subsidiary [Table Text Block]	The condensed consolidated balance sheets as of December 31, 2021, 2020 and 2019, and the condensed consolidated income statements and condensed consolidated statements of cash flow of the companies held for sale in the United States the first five months of 2021 and for the years 2020 and 2019 are provided below: Condensed consolidated balance sheets of companies sold in the United States CONDENSED CONSOLIDATED BALANCE SHEETS (Millions of euros) 2021 2020 2019 Cash, cash balances at central banks and other demand deposits — 11,368 5,678 Financial assets held for trading — 821 513 Non-trading financial assets mandatorily at fair value through profit or loss — 13 18 Financial assets at fair value through other comprehensive income — 4,974 6,834 Financial assets at amortized cost — 61,558 62,860 Derivatives - Hedge accounting — 9 10 Tangible assets — 799 900 Intangible assets — 1,949 4,183 Tax assets — 360 263 Other assets — 1,390 1,463 Non-current assets and disposal groups classified as held for sale — 16 31 TOTAL ASSETS — 83,257 82,751 Financial liabilities held for trading — 98 94 Financial liabilities at amortized cost — 73,132 70,438 Derivatives - Hedge accounting — 2 11 Provisions — 157 186 Tax liabilities — 201 87 Other liabilities — 492 464 TOTAL LIABILITIES — 74,082 71,279 Actuarial gains (losses) on defined benefit pension plans — (66) (80) Hedge of net investments in foreign operations (effective portion) — (432) (432) Foreign currency translation — 801 1,576 Hedging derivatives. Cash flow hedges (effective portion) — 250 81 Fair value changes of debt instruments measured at fair value through other comprehensive income — 70 (11) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) — 622 1,134
Condensed consolidated income statements of companies sold in the USA subsidiary [Table Text Block]	Condensed consolidated income statements of companies sold in the United States CONDENSED CONSOLIDATED INCOME STATEMENTS (Millions of Euros) 2021 (*) 2020 2019 Interest and other income 974 2,638 3,221 Interest expense (53) (429) (887) NET INTEREST INCOME 921 2,209 2,335 Dividend income 2 4 10 Fee and commission income 285 677 736 Fee and commission expense (86) (183) (205) Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net (4) 19 54 Gains (losses) on financial assets and liabilities held for trading, net 26 90 30 Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net 2 8 — Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net 2 5 3 Gains (losses) from hedge accounting, net (1) 4 4 Exchange differences, net 5 19 5 Other operating income 9 19 32 Other operating expense (30) (63) (64) GROSS INCOME 1,132 2,808 2,941 Administration costs (661) (1,462) (1,534) Depreciation and amortization (80) (205) (214) Provisions or reversal of provisions 4 2 (3) Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification (66) (729) (521) NET OPERATING INCOME 330 413 670 Impairment or reversal of impairment on non-financial assets — (2,084) (1,318) Gains (losses) on derecognition of non-financial assets and subsidiaries, net (2) (3) 2 Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations 3 2 (2) PROFIT (LOSS) BEFORE TAX 330 (1,671) (648) Tax expense or income related to profit or loss (80) (57) (110) PROFIT (LOSS) AFTER TAX 250 (1,729) (758) Profit (loss) after tax from the sale 29 — — PROFIT (LOSS) FOR THE PERIOD 280 (1,729) (758) ATTRIBUTABLE TO MINORITY INTEREST (NON-CONTROLLING INTEREST) — — — ATTRIBUTABLE TO OWNERS OF THE PARENT (**) 280 (1,729) (758) (*) Corresponds to the first five months of 2021 (See Notes 1.3 and 3). (**) Cumulative profit net of taxes earned and recognized by BBVA Group in relation to the sale of BBVA USA Bancshares has been €582 million, corresponding to the results generated by the entities within the scope of the sale agreement from the date of the agreement to the closing date of the agreement, plus the profit after tax on the sale as of the closing.
Condensed statements of cash flows of companies held for sale in the USA subsidiary [Table Text Block]	Condensed consolidated statements of cash flows of companies sold in the United States CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Millions of Euros) 2021 (*) 2020 2019 A) CASH FLOWS FROM OPERATING ACTIVITIES 62 6,874 3,888 B) CASH FLOWS FROM INVESTING ACTIVITIES (34) (145) (133) C) CASH FLOWS FROM FINANCING ACTIVITIES (26) (65) (468) D) EFFECT OF EXCHANGE RATE CHANGES 60 (974) 65 INCREASE (DECREASE) NET CASH AND CASH EQUIVALENTS (A+B+C+D) 62 5,690 3,352
Effects of disposal on the financial position of the group [Table Text Block]	Effects of disposal on the financial position of the Group EFFECT OF DISPOSAL ON THE FINANCIAL POSITION OF THE GROUP (Millions of Euros) June 2021 Cash, cash balances at central banks and other demand deposits (11,476) Financial assets held for trading (638) Non-trading financial assets mandatorily at fair value through profit or loss (15) Financial assets at fair value through other comprehensive income (4,620) Financial assets at amortized cost (61,440) Derivatives - Hedge accounting (8) Tangible assets (788) Intangible assets (1,938) Tax assets (349) Other assets (1,439) Non-current assets and disposal groups classified as held for sale (10) Total assets (82,720) Financial liabilities held for trading 129 Financial liabilities at amortized cost 72,357 Provisions 156 Tax liabilities 207 Other liabilities 491 Total liabilities 73,341 Total net assets/liabilities (9,378) EFFECT ON NET CASH OUTFLOWS FROM DISCONTINUED OPERATIONS - USA (Millions of Euros) June 2021 Consideration received satisfied in cash 9,512 Cash and cash equivalents disposed of (11,476) Total net cash outflows from discontinued operations - USA (1,964) EFFECT OF THE MOST SIGNIFICANT SALES OF NON-CURRENT ASSETS HELD FOR SALE OF THE BBVA GROUP REFLECTED IN THE CONSOLIDATED STATEMENT OF CASH FLOWS (Millions of Euros) December 2021 Consideration received satisfied in cash - USA 9,512 Consideration received satisfied in cash - Divarian 513 Consideration received satisfied in cash - Paraguay 210 Other collections from non-current assets and liabilities for sale 435 Total cash received from non-current assets and liabilities for sale 10,670
Non current assets and disposal groups classified as held for sale changes in the year [Table Text Block]	The changes in the balances of “Non-current assets and disposal groups classified as held for sale” in 2021, 2020 and 2019, are as follows: Non-current assets and disposal groups classified as held for sale (Millions of Euros) Notes Foreclosed assets Property, Plant and Equipment (*) Companies held for sale (**) Total Cost (1) 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 Balance at the beginning 1,398 1,648 2,211 391 258 389 84,792 1,716 29 86,581 3,622 2,629 Additions 245 285 665 — — 10 522 83,266 1,676 768 83,551 2,351 Contributions from merger transactions — — 2 — — — — — — — — 2 Retirements (sales and other decreases) (298) (288) (1,023) (39) (45) (206) (83,172) (190) — (83,509) (523) (1,229) Transfers, other movements and exchange differences (**) (127) (228) (207) 100 180 65 (2,100) — 11 (2,128) (48) (131) Disposals by companies held for sale — (19) — — (2) — — — (21) — Balance at the end 1,218 1,398 1,648 452 391 258 41 84,792 1,716 1,711 86,581 3,622 Impairment (2) Balance at the beginning 386 411 504 208 132 124 — — — 594 543 628 Additions 50 36 74 67 62 29 5 — — — 97 103 72 Additions transfer to discontinued operations — — 5 — — — — — — — — 5 Contributions from merger transactions — — — — — — — — — — — — Retirements (sales and other decreases) (65) (56) (164) (13) (13) (22) — — — (78) (69) (186) Other movements and exchange differences 24 (42) (1) 12 60 25 — — — 36 18 24 Disposals by companies held for sale — (1) — — — — — — (1) Balance at the end 381 386 411 269 208 132 — — — 650 594 543 Balance at the end of net carrying value (1)-(2) 837 1,012 1,237 183 183 126 41 84,792 1,716 1,061 85,987 3,079 (*) Net of accumulated amortization until assets were reclassified as “Non-current assets and disposal groups classified as held for sale”. (** ) In 2020, the variation corresponds mainly to the USA Sale agreement of BBVA USA and in 2019 to the BBVA's stake in BBVA Paraguay (see Note 3).

Note 22 (Tables)

Note 22 (Tables)	12 Months Ended
	Dec. 31, 2021
Financial liabilities at amortised cost [Abstract]
Financial liabilities at amortised cost [Table Text Block]	The breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows: Financial liabilities measured at amortized cost (Millions of Euros) 2021 2020 2019 Deposits 416,947 415,467 438,919 Deposits from central banks 47,351 45,177 25,950 Demand deposits 8 163 23 Time deposits and other 41,790 38,274 25,101 Repurchase agreements 5,553 6,740 826 Deposits from credit institutions 19,834 27,629 28,751 Demand deposits 7,601 7,196 7,161 Time deposits and other (**) 8,599 16,079 18,896 Repurchase agreements 3,634 4,354 2,693 Customer deposits (*) 349,761 342,661 384,219 Demand deposits 293,015 266,250 280,391 Time deposits and other (**) 55,479 75,666 103,293 Repurchase agreements 1,267 746 535 Debt certificates 55,763 61,780 63,963 Other financial liabilities 15,183 13,358 13,758 Total 487,893 490,606 516,641 (*) Variation in 2020 is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21). (**) The variation in 2021 is mainly due to the decrease in time deposits at Banco Bilbao Vizcaya Argentaria, S.A. offset by the increase in demand deposits and investment funds (off-balance) due to the current interest rate environment.
Deposits from banks [Table Text Block]	The breakdown by geographical area and the nature of the related instruments of this heading in the accompanying consolidated balance sheets is as follows: Deposits from credit institutions (Millions of Euros) Demand deposits Time deposits and other (*) Repurchase agreements Total December 2021 Spain 1,671 375 — 2,047 Mexico 444 558 — 1,002 Turkey 83 672 37 792 South America 532 1,225 — 1,757 Rest of Europe 1,841 3,110 2,549 7,500 Rest of the world 3,030 2,657 1,048 6,736 Total 7,601 8,599 3,634 19,834 December 2020 Spain 345 1,405 1 1,751 Mexico 689 672 188 1,549 Turkey 8 580 28 617 South America 557 1,484 — 2,041 Rest of Europe 2,842 4,531 4,070 11,444 Rest of the world 2,755 7,406 67 10,228 Total 7,196 16,079 4,354 27,629 December 2019 Spain 2,104 1,113 1 3,218 The United States 2,082 4,295 — 6,377 Mexico 432 1,033 168 1,634 Turkey 302 617 4 924 South America 394 2,285 161 2,840 Rest of Europe 1,652 5,180 2,358 9,190 Rest of the world 194 4,374 — 4,568 Total 7,161 18,896 2,693 28,751 (*) Subordinated deposits are included amounting to €14, €12 and €195 million as of December 31, 2021, 2020 and 2019, respectively.
Customer Deposits [Table Text Block]	The breakdown by geographical area of this heading in the accompanying consolidated balance sheets, by type of instrument is as follows: Customer deposits (Millions of Euros) Demand deposits Time deposits and other (*) Repurchase agreements Total December 2021 Spain 181,565 10,407 2 191,974 Mexico 53,359 10,383 505 64,247 Turkey 19,725 13,644 6 33,376 South America 28,039 9,822 — 37,861 Rest of Europe 8,933 9,546 754 19,234 Rest of the world 1,393 1,677 — 3,070 Total 293,015 55,479 1,267 349,761 December 2020 Spain 168,690 20,065 2 188,757 Mexico 43,768 10,514 117 54,398 Turkey 17,906 16,707 8 34,621 South America 25,730 11,259 — 36,989 Rest of Europe 8,435 12,373 619 21,427 Rest of the world 1,720 4,748 — 6,468 Total 266,250 75,666 746 342,661 December 2019 Spain 146,651 24,958 2 171,611 The United States 46,372 19,810 — 66,181 Mexico 43,326 12,714 523 56,564 Turkey 13,775 22,257 10 36,042 South America 22,748 13,913 — 36,661 Rest of Europe 6,610 8,749 — 15,360 Rest of the world 909 892 — 1,801 Total 280,391 103,293 535 384,219 (*) It includes subordinated deposits amounting to €189 million as of December 31, 2019.
Deposits from debt certificates [Table Text Block]	The breakdown of the balance under this heading, by financial instruments and by currency, is as follows: Debt certificates (Millions of Euros) 2021 2020 2019 In Euros 36,289 42,462 40,185 Promissory bills and notes 319 860 737 Non-convertible bonds and debentures 15,712 14,538 12,248 Covered bonds (*) 9,930 13,274 15,542 Hybrid financial instruments (**) 366 355 518 Securitization bonds 2,302 2,538 1,354 Wholesale funding 438 2,331 1,817 Subordinated liabilities 7,221 8,566 7,968 Convertible perpetual certificates 3,500 4,500 5,000 Non-convertible preferred stock — 159 83 Other non-convertible subordinated liabilities 3,721 3,907 2,885 In foreign currencies 19,475 19,318 23,778 Promissory bills and notes 579 1,024 1,210 Non-convertible bonds and debentures 7,885 8,691 10,587 Covered bonds (*) 178 217 362 Hybrid financial instruments (**) 2,843 455 1,156 Securitization bonds 4 4 17 Wholesale funding 412 1,016 780 Subordinated liabilities 7,574 7,911 9,666 Convertible perpetual certificates 1,771 1,633 1,782 Non- convertible preferred stock — 35 76 Other non-convertible subordinated liabilities 5,803 6,243 7,808 Total 55,763 61,780 63,963 (*) Including mortgage-covered bonds. In 2021 and 2020, several mortgage-covered bonds reached their maturity date. (**) Corresponds to structured note issuances whose underlying risk is different from the underlying risk of the derivative.
Memorandum item subordinated liabilities at amortized cost [Table Text Block]	The breakdown of this heading in the accompanying consolidated balance sheets is as follows: Memorandum item: Subordinated liabilities at amortized cost (Millions of Euros) 2021 2020 2019 Subordinated deposits 14 12 384 Subordinated certificates 14,794 16,476 17,635 Preferred stock — 194 159 Compound convertible financial instruments 5,271 6,133 6,782 Other non-convertible subordinated liabilities 9,523 10,149 10,693 Total 14,808 16,488 18,018
Preferred securities by issuer [Table Text Block]	The breakdown by issuer of the balance under this heading in the accompanying consolidated balance sheets is as follows: Preferred securities by issuer (Millions of Euros) 2021 2020 2019 BBVA International Preferred, S.A.U. — 35 37 Unnim Group (*) — 159 83 BBVA USA — — 19 BBVA Colombia — — 20 Total — 194 159 (*) Unnim Group: Issuances prior to the acquisition by BBVA.
Other Financial Liabilities [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as follows: Other financial liabilities (Millions of Euros) 2021 2020 2019 Lease liabilities 2,560 2,674 3,335 Creditors for other financial liabilities 2,657 2,408 2,623 Collection accounts 3,839 3,275 3,306 Creditors for other payment obligations (*) 6,127 5,000 4,494 Total 15,183 13,358 13,758 (*) In 2021, this heading includes the amount committed for the acquisition of treasury shares under the buyback program (see Notes 2.2.14 and 4).
Maturity of future payment obligations [Table Text Block]	A breakdown of the maturity of the lease liabilities, due after December 31, 2021 is provided below: Maturity of future payment obligations (Millions of Euros) Up to 1 year 1 to 3 years 3 to 5 years Over 5 years Total Leases 218 406 428 1,507 2,560

Note 23 (Tables)

Note 23 (Tables)	12 Months Ended
	Dec. 31, 2021
Assets and Liabilities under reinsurance and insurance contracts [Abstract]
Liabilities Under Insurance Contracts And Reinsurance Contracts Issued [Table Text Block]	The breakdown of the balance under this heading is as follows: Technical reserves (Millions of Euros) 2021 2020 2019 Mathematical reserves 9,495 8,731 9,247 Individual life insurance (*) 7,265 6,268 6,731 Group insurance(**) 2,230 2,463 2,517 Provision for unpaid claims reported 706 672 641 Provisions for unexpired risks and other provisions 664 548 718 Total 10,865 9,951 10,606 (*) Provides coverage in the event of death, disability and / or serious illness. (**) The insurance policies purchased by employers (other than BBVA Group) on behalf of its employees.
Maturity of liabilities under insurance and reinsurance contracts [Table Text Block]	The cash flows of those “Liabilities under insurance and reinsurance contracts” are shown below: Maturity (Millions of euros). Liabilities under insurance and reinsurance contracts Up to 1 year 1 to 3 years 3 to 5 years Over 5 years Total 2021 1,808 290 1,664 7,103 10,865 2020 1,227 950 1,616 6,158 9,951 2019 1,571 1,197 1,806 6,032 10,606
Mathematical reserves [Table Text Block]	The table below shows the key assumptions as of December 31, 2021, 2020 and 2019 used in the calculation of the mathematical reserves for insurance products in Spain and Mexico, respectively: Mathematical reserves 2021 2020 2019 Mortality table Average technical interest rate Mortality table Average technical interest rate Mortality table Average technical interest rate Spain Mexico Spain Mexico Spain Mexico Spain Mexico Spain Mexico Spain Mexico Individual life insurance (*) GRMF 80-2, Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual 0.24%- 2,85% 3.60% GRMF 80-2, Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual 0.25%- 2,87% 2.50% GRMF 80-2, GKMF 80/95. PASEM, PERMF 2000 Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual 0.25%- 2.91% 2.50% Group insurance (**) PERFM 2000 Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo Depending on the related portfolio 5.50% PERFM 2000 Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo Depending on the related portfolio 5.50% PERMF 2000 Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo Depending on the related portfolio 5.50% (*) Provides coverage in the case of one or more of the following events: death and disability.

Note 24 (Tables)

Note 24 (Tables)	12 Months Ended
	Dec. 31, 2021
Provisions [abstract]
Provisions Breakdown By Concepts [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated balance sheets, based on type of provisions, is as follows: Provisions. Breakdown by concepts (Millions of Euros) Notes 2021 2020 2019 Provisions for pensions and similar obligations 25 3,576 4,272 4,631 Other long term employee benefits (*) 25 632 49 61 Provisions for taxes and other legal contingencies 623 612 677 Provisions for contingent risks and commitments 691 728 711 Other provisions (**) 366 479 457 Total 5,889 6,141 6,538 (*) The variation is mainly explained by the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A. (**) Individually insignificant provisions or contingencies, for various concepts in different geographies.
Provisions for pensions and similar obligations changes over the year [Table Text Block]	The change in provisions for pensions and similar obligations for the years ended December 31, 2021, 2020 and 2019 is as follows: Provisions for pensions, other post-employment obligations for defined benefit plans, and other long term employee benefits. Changes over the year (Millions of Euros) Notes 2021 2020 2019 Balance at the beginning 4,272 4,631 4,787 Charges to income for the year 141 298 327 Interest expense and similar charges 37 44 63 Personnel expense 44.1 49 49 49 Provision expense 56 205 215 Charges to equity (*) 25 (206) 191 329 Transfers and other changes (**) (21) (71) (29) Benefit payments 25 (608) (654) (718) Employer contributions 25 (4) (124) (65) Balance at the end 3,576 4,272 4,631 (*) Correspond to actuarial losses (gains) arising from certain post-employment defined-benefit commitments for pensions recognized in “Equity” (see Note 2.2.11). (**) In 2020, it includes the amount of the USA Sale (see Notes 1.3, 3 and 21).
Provisions for taxes, legal contingencies and other provisions changes over the year [Table Text Block]	Provisions for taxes, legal contingencies and other provisions. Changes over the year (Millions of Euros) 2021 2020 2019 Balance at beginning 1,091 1,134 1,286 Additions (*) 1,175 555 396 Acquisition of subsidiaries — — — Unused amounts reversed during the year (227) (215) (96) Amount used and other variations (*) (1,050) (383) (453) Balance at the end 990 1,091 1,134 (*)In 2021, it includes the initial recognition of the estimated cost of the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A., and the subsequent reclassification from "Other provisions" to "Other long term employee benefits" for the remaining amount at the time of the reclassification.

Note 25 (Tables)

Note 25 (Tables)	12 Months Ended
	Dec. 31, 2021
Post Employment And Other Employee Benefit Commitments [Abstract]
Net defined benefit liability asset on the consolidated balance sheet [Table Text Block]	The breakdown of the net defined benefit liability recorded on the balance sheet as of December 31, 2021, 2020 and 2019 is provided below: Net defined benefit liability (asset) on the consolidated balance sheet (Millions of Euros) Notes 2021 2020 2019 Pension commitments 4,218 4,539 5,050 Early retirement commitments 952 1,247 1,486 Medical benefits commitments 1,377 1,562 1,580 Other long term employee benefits 632 49 61 Total commitments 7,180 7,398 8,177 Pension plan assets 1,494 1,608 1,961 Medical benefit plan assets 1,494 1,484 1,532 Total plan assets (*) 2,988 3,092 3,493 Total net liability / asset 4,193 4,305 4,684 Of which: Net asset on the consolidated balance sheet (**) (15) (16) (8) Of which: Net liability on the consolidated balance sheet for provisions for pensions and similar obligations (***) 24 3,576 4,272 4,631 Of which: Net liability on the consolidated balance sheet for other long term employee benefits (****) 24 632 49 61 (*) In Turkey, the foundation responsible for managing the benefit commitments holds an additional asset of €165 million as of December 31, 2021 which, in accordance with IFRS regarding the asset ceiling, has not been recognized in the Consolidated Financial Statements, because although it could be used to reduce future pension contributions it could not be immediately refunded to the employer. (**) Recorded under the heading “Other Assets - Other” of the consolidated balance sheet (see Note 20). (***) Recorded under the heading “Provisions - Provisions for pensions and similar obligations” of the consolidated balance sheet. (****) Recorded under the heading “Provisions – Other long-term employee benefits” of the consolidated balance sheet. The variation is mainly explained by the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A.
Consolidated Income Statement Impact [Table Text Block]	The impact relating to benefit commitments charged to consolidated income statement for the years 2021, 2020 and 2019 is as follows: Consolidated income statement impact (Millions of Euros) Notes 2021 2020 2019 Interest and other expense 37 44 63 Interest expense 257 265 293 Interest income (220) (220) (230) Personnel expense 120 121 143 Defined contribution plan expense 44.1 71 72 95 Defined benefit plan expense 44.1 49 49 49 Provisions or (reversal) of provisions 46 61 210 213 Early retirement expense 100 224 190 Past service cost expense (28) (8) 18 Remeasurements (*) (16) (11) 7 Other provision expense 6 4 (1) Total impact on consolidated income statement: expense (income) 218 375 419 (*) Actuarial losses (gains) on remeasurement of the net defined benefit liability relating to early retirements in Spain and other long-term employee benefits that are charged to the income statements (see Note 2.2.12).
Equity impact [Table Text Block]	The amounts relating to post-employment benefits charged to the consolidated balance sheet correspond to the actuarial gains (losses) on remeasurement of the net defined benefit liability relating to pension and medical commitments before income taxes as of December 31, 2021, 2020 and 2019 are as follows: Equity impact (Millions of Euros) 2021 2020 2019 Defined benefit plans 52 161 254 Post-employment medical benefits (257) 30 74 Total impact on equity: debit (credit) (206) 191 329
Defined benefits [Table Text Block]	Defined benefit commitments relate mainly to employees who have already retired or taken early retirement, certain closed groups of active employees still accruing defined benefit pensions, and in-service death and disability benefits provided to most active employees. For the latter, the Group pays the required premiums to fully insure the related liability. The change in these pension commitments during the years ended December 31, 2021, 2020 and 2019 is presented below: Defined benefits (Millions of Euros) 2021 2020 2019 Defined benefit obligation Plan assets Net liability (asset) Defined benefit obligation Plan assets Net liability (asset) Defined benefit obligation Plan assets Net liability (asset) Balance at the beginning 7,348 3,092 4,256 8,116 3,493 4,622 7,585 2,839 4,746 Current service cost 53 — 53 53 — 53 52 — 52 Interest income/expense 253 220 33 261 219 42 290 230 60 Contributions by plan participants 5 5 — 4 4 — 4 4 — Employer contributions — 4 (4) — 124 (124) — 65 (65) Past service costs (*) 75 — 75 219 — 219 210 — 210 Remeasurements: (406) (184) (223) 364 176 187 783 454 329 Return on plan assets (**) — (184) 184 — 176 (176) — 454 (454) From changes in demographic assumptions (121) — (121) 57 — 57 (15) — (15) From changes in financial assumptions (259) — (259) 276 — 276 688 — 688 Other actuarial gains and losses (27) — (27) 30 — 30 110 — 110 Benefit payments (765) (158) (608) (839) (185) (654) (905) (187) (718) Settlement payments (1) (1) — — — — — — — Business combinations and disposals (***) (2) 1 (3) (371) (327) (44) 15 12 3 Effect on changes in foreign exchange rates (24) 8 (32) (459) (409) (50) 63 69 (6) Conversions to defined contributions — — — — — — — — — Other effects 13 — 13 1 (3) 4 19 6 13 Balance at the end 6,547 2,988 3,560 7,348 3,092 4,256 8,116 3,493 4,622 Of which: Spain 3,670 206 3,464 4,288 249 4,039 4,592 266 4,326 Of which: Mexico 2,150 2,149 1 2,219 2,122 97 2,231 2,124 107 Of which: The United States — — — — — — 375 323 52 Of which: Turkey 272 209 63 367 282 85 444 359 86 (*) Including gains and losses arising from settlements. (**) Excluding interest, which is recorded under "Interest income or expense".
Actuarial assumptions percentage [Table Text Block]	The following table sets out the key actuarial assumptions used in the valuation of these commitments as of December 31, 2021, 2020 and 2019: Actuarial assumptions (%) 2021 2020 2019 Spain Mexico Turkey Spain Mexico Turkey Spain Mexico Turkey Discount rate 0.74 % 9.68 % 19.10 % 0.53 % 8.37 % 13.00 % 0.68 % 9.04 % 12.50 % Rate of salary increase — % 4.00 % 16.60 % — % 4.00 % 11.20 % — % 4.75 % 9.70 % Rate of pension increase — % 2.95 % 15.10 % — % 1.94 % 9.70 % — % 2.47 % 8.20 % Medical cost trend rate — % 7.00 % 19.30 % — % 7.00 % 13.90 % — % 7.00 % 12.40 % Mortality tables PER 2020 EMSSA09 CSO2001 PER 2020 EMSSA09 CSO2001 PERM/F 2000P EMSSA09 CSO2001
Sensitivity analysis [Table Text Block]	Changes in the main actuarial assumptions may affect the valuation of the commitments. The table below shows the sensitivity of the benefit obligations to changes in the key assumptions: Sensitivity analysis (Millions of Euros) Basis points change 2021 2020 2019 Increase Decrease Increase Decrease Increase Decrease Discount rate 50 (282) 307 (354) 390 (367) 405 Rate of salary increase 50 2 (2) 4 (4) 3 (3) Rate of pension increase 50 28 (26) 29 (27) 27 (26) Medical cost trend rate 50 109 (98) 145 (129) 169 (133) Change in obligation from each additional year of longevity 170 — 211 — 137 —
Post employment commitments 2021 [Table Text Block]	The change in the benefit plan obligations and plan assets during the year ended December 31, 2021 was as follows: Post-employment commitments 2021 (Millions of Euros) Spain Mexico Turkey Rest of the world Defined benefit obligation Balance at the beginning 4,287 666 367 465 Current service cost 5 5 16 3 Interest income or expense 22 53 40 6 Contributions by plan participants — — 3 2 Employer contributions — — — — Past service costs (*) 75 — 2 2 Remeasurements: (106) 79 21 (24) Return on plan assets (**) — — — — From changes in demographic assumptions — (4) — (2) From changes in financial assumptions (61) 84 (18) (7) Other actuarial gains and losses (45) (2) 39 (15) Benefit payments (625) (67) (13) (12) Settlement payments — — — (1) Business combinations and disposals — — — (2) Effect on changes in foreign exchange rates — 42 (166) 9 Conversions to defined contributions — — — — Other effects 12 — — — Balance at the end 3,670 779 272 449 Of which: Vested benefit obligation relating to current employees 3,596 Of which: Vested benefit obligation relating to retired employees 74 Plan Assets Balance at the beginning 249 638 282 439 Current service cost — — — — Interest income or expense 2 52 32 5 Contributions by plan participants — — 3 2 Employer contributions (11) 2 11 1 Past service costs (*) — — — — Remeasurements: (8) (49) 11 (19) Return on plan assets (**) (8) (49) 11 (19) From changes in demographic assumptions — — — — From changes in financial assumptions — — — — Other actuarial gains and losses — — — — Benefit payments (26) (65) (7) (11) Settlement payments — — — (1) Business combinations and disposals — 40 — — Effect on changes in foreign exchange rates — 37 (123) 9 Conversions to defined contributions — — — — Other effects — — — — Balance at the end 206 655 209 424 Net liability (asset) Balance at the beginning 4,038 28 85 27 Current service cost 5 5 16 3 Interest income or expense 20 1 9 1 Contributions by plan participants — — — — Employer contributions 11 (2) (11) (1) Past service costs (*) 75 — 2 2 Remeasurements: (98) 128 10 (5) Return on plan assets (**) 8 49 (11) 19 From changes in demographic assumptions — (4) — (2) From changes in financial assumptions (61) 84 (18) (7) Other actuarial gains and losses (45) (2) 39 (15) Benefit payments (599) (1) (6) (1) Settlement payments — — — — Business combinations and disposals — (40) — (2) Effect on changes in foreign exchange rates — 5 (43) 1 Conversions to defined contributions — — — — Other effects 12 — — — Balance at the end 3,464 124 63 24 (*) Including gains and losses arising from settlements. (**) Excluding interest, which is recorded under "Interest income or expense". The change in net liabilities (assets) during the years ended 2020 and 2019 was as follows: Post-employment commitments (Millions of Euros) 2020: Net liability (assets) 2019: Net liability (assets) Spain Mexico The United States Turkey Rest of the world Spain Mexico The United States Turkey Rest of the world Balance at the beginning 4,326 72 52 86 38 4,547 71 39 83 36 Current service cost 5 5 1 18 3 4 4 — 20 3 Interest income or expense 28 6 2 8 1 42 9 — 11 3 Contributions by plan participants — — — — — — — — — — Employer contributions — (86) — (14) (1) — (47) (3) (14) (1) Past service costs (*) 224 (1) — 2 3 190 15 — 3 2 Remeasurements: 95 62 (4) 18 (14) 231 9 16 2 (1) Return on plan assets (**) (41) (31) (35) 23 (26) (67) (90) (28) 5 (50) From changes in demographic assumptions 60 — (3) — — — — — (13) (2) From changes in financial assumptions 79 (19) 34 54 17 239 87 42 (41) 52 Other actuarial gains and losses (3) 112 — (59) (5) 59 12 2 51 (1) Benefit payments (643) (1) (2) (6) (1) (702) (1) (2) (11) (3) Settlement payments — — — — — — — — — — Business combinations and disposals — (19) (44) — — — 7 3 — — Effect on changes in foreign exchange rates — (10) (5) (26) (4) — 5 — (9) 1 Conversions to defined contributions — — — — — — — — — — Other effects 3 — — — — 14 — (1) — — Balance at the end 4,038 28 — 85 27 4,326 72 52 86 38 (*) Includes gains and losses from settlements. (**) Excludes interest which is reflected in the line item “Interest income and expense”.
Medical benefits commitments [Table Text Block]	The change in defined benefit obligations and plan assets during the years 2021, 2020 and 2019 was as follows: Medical benefits commitments (Millions of Euros) 2021 2020 2019 Defined benefit obligation Plan assets Net liability (asset) Defined benefit obligation Plan assets Net liability (asset) Defined benefit obligation Plan assets Net liability (asset) Balance at the beginning 1,562 1,484 77 1,580 1,532 48 1,114 1,146 (32) Current service cost 24 — 24 21 — 21 21 — 21 Interest income or expense 131 129 2 117 120 (3) 119 123 (4) Contributions by plan participants — — — — — — — — — Employer contributions — 1 (1) — 22 (22) — — — Past service costs (*) (5) — (5) (8) — (8) — — — Remeasurements: (377) (119) (257) 95 66 30 298 224 74 Return on plan assets (**) — (119) 119 — 66 (66) — 224 (224) From changes in demographic assumptions (115) — (115) — — — — — — From changes in financial assumptions (257) — (257) 110 — 110 311 — 311 Other actuarial gain and losses (4) — (4) (15) — (15) (13) — (13) Benefit payments (49) (48) — (37) (37) — (39) (39) (1) Settlement payments — — — — — — — — — Business combinations and disposals — (39) 39 — (19) 19 — 7 (7) Effect on changes in foreign exchange rates 90 86 4 (207) (201) (6) 68 71 (2) Other effects — — — — — — (1) — — Balance at the end 1,377 1,494 (116) 1,562 1,484 77 1,580 1,532 48 (*) Including gains and losses arising from settlements. (**) Excluding interest, which is recorded under "Interest income or expense".
Estimated benefit payments [Table Text Block]	As of December 31, 2021, the estimated benefit payments over the next ten years for all the entities in Spain, Mexico and Turkey are as follows: Estimated benefit payments (Millions of Euros) 2022 2023 2024 2025 2026 2027-2031 Commitments in Spain 625 477 395 332 284 920 Commitments in Mexico 133 139 146 155 164 941 Commitments in Turkey 16 11 15 17 23 206 Total 774 627 556 505 471 2,066
Plan assets breakdown [Table Text Block]	The table below shows the allocation of plan assets of the main companies of the BBVA Group as of December 31, 2021, 2020 and 2019: Plan assets breakdown (Millions of Euros) 2021 2020 2019 Cash or cash equivalents 24 38 56 Debt securities (government bonds) 2,394 2,707 2,668 Mutual funds 1 1 2 Insurance contracts 148 140 142 Total 2,566 2,887 2,869 Of which: Bank account in BBVA 3 4 4 Of which: Debt securities issued by BBVA — — — Of which: Property occupied by BBVA — — —
Investments in listed markets [Table Text Block]	The following table provides details of investments in listed securities (Level 1) as of December 31, 2021, 2020 and 2019: Investments in listed markets (Millions of Euros) 2021 2020 2019 Cash or cash equivalents 24 38 56 Debt securities (Government bonds) 2,394 2,707 2,668 Mutual funds 1 1 2 Total 2,418 2,747 2,727 Of which: Bank account in BBVA 3 4 4 Of which: Debt securities issued by BBVA — — — Of which: Property occupied by BBVA — — —

Note 28 (Tables)

Note 28 (Tables)	12 Months Ended
	Dec. 31, 2021
Disclosure of reserves within equity [abstract]
Retained Earnings And Other Reserves [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as follows: Retained earnings, revaluation reserves and other reserves. Breakdown by concepts (Millions of Euros) 2021 2020 2019 Legal reserve 653 653 653 Restricted reserve 761 120 124 Voluntary reserves (*) 3,994 8,117 8,331 Total reserves holding company 5,409 8,890 9,108 Consolidation reserves attributed to the Bank and subsidiary consolidated companies 24,575 21,454 20,161 Total 29,984 30,344 29,269 (*) The variation in 2021 is mainly due to the allocation of earnings of BBVA, S.A. and the share repurchase program (see Note 4).
Restricted reserves breakdown by concepts [Table Text Block]	As of December 31, 2021, 2020 and 2019, the Bank’s restricted reserves are as follows: Restricted reserves. Breakdown by concepts (Millions of Euros) 2021 2020 2019 Restricted reserve for retired capital 88 88 88 Restricted reserve for Parent Company shares and loans for those shares (*) 672 30 34 Restricted reserve for redenomination of capital in euros 2 2 2 Total 761 120 124 (*) The variation in 2021 is mainly due to the share buyback program (see Note 4).
Retained earnings, revaluation reserves and other reserves breakdown by company or corporate group [Table Text Block]	The breakdown, by company or corporate group, under the headings “Retained earnings”, “Revaluation reserves” and “other reserves” in the accompanying consolidated balance sheets is as follows: Retained earnings, revaluation reserves and other reserves. Breakdown by company or corporate group (Millions of Euros) 2021 2020 2019 Retained earnings (losses), revaluation reserves and other reserves Holding Company 12,467 15,014 16,623 BBVA Mexico Group 13,894 12,890 10,645 Garanti BBVA Group 3,043 2,509 1,985 BBVA Provincial Group 1,721 1,731 1,736 BBVA Argentina Group 1,423 1,302 1,169 BBVA Colombia Group 1,393 1,287 1,130 BBVA Peru Group 1,031 984 848 Corporación General Financiera, S.A. 322 920 932 Forum Servicios Financieros S.A. 604 619 597 Sociedades inmobiliarias CX 277 251 266 BBV America, S.L. 270 262 247 BBVA Seguros, S.A. 239 (35) (99) Pecri Inversión, S.L. 118 114 (50) BBVA Uruguay Group 106 87 56 Bilbao Vizcaya Holding, S.A. 68 77 62 Compañía de Cartera de Inversiones, S.A. 42 59 47 Gran Jorge Juan, S.A. 57 42 27 BBVA USA Group — (1,098) (308) Anida Grupo Inmobiliario (556) (594) (587) Sociedades inmobiliarias Unnim (655) (617) (594) Anida Operaciones Singulares, S.A. (5,512) (5,409) (5,375) Other (121) 112 27 Subtotal (*) 30,231 30,508 29,388 Other reserves or accumulated losses of investments in joint ventures and associates ATOM Bank PLC (158) (91) (56) Metrovacesa, S.A. (84) (84) (75) Other (5) 11 12 Subtotal (247) (164) (119) Total 29,984 30,344 29,269 (*) In 2021 includes the accounting for shares pending from buyback program (see Note 4) and the reclassification of items not subject to reclassification to income statement to by results for "Actuarial gains (losses) in defined benefit pension plans".

Note 29 (Tables)

Note 29 (Tables)	12 Months Ended
	Dec. 31, 2021
Treasury shares [Abstract]
Treasury shares [Table Text Block]	In the years ended December 31, 2021, 2020 and 2019 the Group entities performed the following transactions with shares issued by the Bank: Treasury shares (Millions of euros) 2021 2020 2019 Number of Shares Millions of Euros Number of Shares Millions of Euros Number of Shares Millions of Euros Balance at beginning 14,352,832 46 12,617,189 62 47,257,691 296 + Purchases (*) 203,530,570 1,022 234,691,887 807 214,925,699 1,088 - Sales and other changes (90,250,003) (417) (232,956,244) (830) (249,566,201) (1,298) +/- Derivatives on BBVA shares — (4) — 7 — (23) +/- Other changes — — — — — — Balance at the end 127,633,399 647 14,352,832 46 12,617,189 62 Of which: Held by BBVA, S.A.(*) 112,733,730 574 592,832 9 — — Held by Corporación General Financiera, S.A. 14,899,669 72 13,760,000 37 12,617,189 62 Held by other subsidiaries — — — — — — Average purchase price in Euros 5.02 — 3.44 — 5.06 — Average selling price in Euros 4.89 — 3.63 — 5.20 — Net gains or losses on transactions 17 — 13 (*) In 2021 includes the share buyback program (see Note 4).
Treasury Stock [Table Text Block]	The percentages of treasury shares held by the Group in the years ended December 31, 2021, 2020 and 2019 are as follows: Treasury Stock 2021 2020 2019 Min Max Closing Min Max Closing Min Max Closing % treasury stock 0.108% 1.922% 1.914% 0.008% 0.464% 0.215% 0.138% 0.746% 0.213%
Shares of BBVA accepted in pledge [Table Text Block]	The number of BBVA shares accepted by the Group in pledge of loans as of December 31, 2021, 2020 and 2019 is as follows: Shares of BBVA accepted in pledge 2021 2020 2019 Number of shares in pledge 29,372,853 39,407,590 43,018,382 Nominal value 0.49 0.49 0.49 % of share capital 0.44% 0.59 % 0.65 %
Shares of BBVA owned by third parties but managed by the Group [Table Text Block]	The number of BBVA shares owned by third parties but under management of a company within the Group as of December 31, 2021, 2020 and 2019 is as follows: Shares of BBVA owned by third parties but managed by the Group 2021 2020 2019 Number of shares owned by third parties 17,645,506 18,266,509 23,807,398 Nominal value 0.49 0.49 0.49 % of share capital 0.26 % 0.27 % 0.36%

Note 30 (Tables)

Note 30 (Tables)	12 Months Ended
	Dec. 31, 2021
Accumulated other comprehensive income [abstract]
Accumulated Other Comprehensive Income Classified By Concepts [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated balance sheets is as follows Accumulated other comprehensive income (loss). Breakdown by concepts (Millions of Euros) Notes 2021 2020 2019 Items that will not be reclassified to profit or loss (2,075) (2,815) (1,875) Actuarial gains (losses) on defined benefit pension plans (998) (1,474) (1,498) Non-current assets and disposal groups classified as held for sale — (65) 2 Fair value changes of equity instruments measured at fair value through other comprehensive income 13.4 (1,079) (1,256) (403) Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk 2 (21) 24 Items that may be reclassified to profit or loss (14,401) (11,541) (8,351) Hedge of net investments in foreign operations (effective portion) (146) (62) (896) Mexican peso (681) (362) (588) Turkish lira 555 317 163 Other exchanges (19) (18) (471) Foreign currency translation (14,988) (14,185) (9,147) Mexican peso (4,503) (5,220) (3,557) Turkish lira (6,607) (4,960) (3,750) Argentine peso (1,024) (1,247) (1,124) Venezuela Bolívar (1,858) (1,860) (1,854) Other exchanges (995) (898) 1,138 Hedging derivatives. Cash flow hedges (effective portion) (533) 10 (44) Fair value changes of debt instruments measured at fair value through other comprehensive income 13.4 1,274 2,069 1,760 Non-current assets and disposal groups classified as held for sale (*) — 644 (18) Share of other recognized income and expense of investments in joint ventures and associates (9) (17) (5) Total (16,476) (14,356) (10,226) (*) Corresponds mainly to BBVA USA in 2020 (see Notes 1.3, 3 and 21).

Note 31 (Tables)

Note 31 (Tables)	12 Months Ended
	Dec. 31, 2021
Non Controlling Interest [Abstract]
Non Controlling Interest Classified By Concept [Table Text Block]	The table below is a breakdown by groups of consolidated entities of the balance under the heading “Minority interests (non-controlling interest)” of total equity in the accompanying consolidated balance sheets is as follows: Non-controlling interests: breakdown by subgroups (Millions of Euros) 2021 2020 2019 Garanti BBVA 2,851 3,692 4,240 BBVA Peru 1,212 1,171 1,334 BBVA Argentina 557 416 422 BBVA Colombia 76 70 76 BBVA Venezuela 70 65 71 Other entities 87 56 57 Total 4,853 5,471 6,201
Profit attributable to non controlling interests [Table Text Block]	These amounts are broken down by groups of consolidated entities under the heading “Attributable to minority interests (non-controlling interests)” in the accompanying consolidated income statements: Profit attributable to non-controlling interests (Millions of Euros) 2021 2020 2019 Garanti BBVA 758 579 524 BBVA Peru 143 126 236 BBVA Argentina 26 38 60 BBVA Colombia 9 6 11 BBVA Venezuela 3 2 (1) Other entities 25 5 4 Total 965 756 833

Note 32 (Tables)

Note 32 (Tables)	12 Months Ended
	Dec. 31, 2021
Capital Base And Capital Management [Abstract]
Eligible capital resources [Table Text Block]	A reconciliation of the main figures between the accounting and regulatory own funds as of December 31, 2021, 2020 and 2019 is shown below: Eligible capital resources (Millions of Euros) Notes 2021 2020 2019 Capital 26 3,267 3,267 3,267 Share premium 27 23,599 23,992 23,992 Retained earnings, revaluation reserves and other reserves 28 29,984 30,344 29,269 Other equity instruments, net 60 42 56 Treasury shares 29 (647) (46) (62) Profit (loss) attributable to the parent company 5 4,653 1,305 3,512 Interim dividend (532) — (1,084) Total equity 60,384 58,904 58,950 Accumulated other comprehensive income (loss) 30 (16,476) (14,356) (10,226) Non-controlling interest 31 4,853 5,471 6,201 Shareholders' equity 48,760 50,020 54,925 Goodwill and other intangible assets (1,484) (3,455) (6,803) Deductions (1,484) (3,455) (6,803) Differences from solvency and accounting perimeter (130) (186) (215) Equity not eligible at solvency level (130) (186) (215) Other adjustments and deductions (*) (7,197) (3,449) (4,253) Common Equity Tier 1 (CET 1) 39,949 42,931 43,653 Additional Tier 1 before Regulatory Adjustments 5,737 6,666 6,048 Total Regulatory Adjustments to Additional Tier 1 — — — Tier 1 45,686 49,597 49,701 Tier 2 7,383 8,547 8,304 Total Capital (Total Capital=Tier 1 + Tier 2) 53,069 58,145 58,005 Total Minimum equity required 39,275 45,042 46,540
Amount of capital CC1 [Table Text Block]	The Group’s own funds in accordance with the aforementioned applicable regulation as of December 31, 2021, 2020 and 2019 are shown below: Amount of capital CC1 (Millions of Euros) 2021 2020 2019 Capital and share premium 26,866 27,259 27,259 Retained earnings and equity instruments 30,745 29,974 29,127 Other accumulated income and other reserves (17,200) (14,023) (10,133) Minority interests 2,800 3,656 4,404 Net interim attributable profit 2,573 860 1,316 Common Equity Tier I (CET1) before other regulatory adjustments 45,784 47,726 51,974 Goodwill and intangible assets (1,484) (3,455) (6,803) Direct, indirect and synthetic holdings in own Common Equity Tier I instruments (*) (2,800) (366) (484) Deferred tax assets (1,009) (1,478) (1,420) Other deductions and filters (542) 504 386 Total common equity Tier 1 regulatory adjustments (5,835) (4,795) (8,321) Common equity TIER 1 (CET1) 39,949 42,931 43,653 Capital instruments and share premium accounts classified as liabilities and qualifying as Additional Tier I 5,266 6,130 5,400 Qualifying Tier 1 capital included in consolidated AT1 capital issued by subsidiaries and held by third parties 472 536 648 Additional Tier 1 (CET 1) before regulatory adjustments 5,738 6,666 6,048 Transitional CET 1 adjustments — — — Total regulatory adjustments to additional Tier 1 — — — Additional Tier 1 (AT1) 5,738 6,666 6,048 Tier 1 (Common equity TIER 1+ additional TIER 1) 45,687 49,597 49,701 Capital instruments and share premium accounted as Tier 2 4,324 4,540 3,242 Qualifying Tier 2 capital included in consolidated T2 capital issued by subsidiaries and held by third parties 2,516 3,410 4,512 Credit risk adjustments 722 604 631 Tier 2 before regulatory adjustments 7,562 8,554 8,385 Tier 2 regulatory adjustments (180) (6) (82) Tier 2 7,382 8,547 8,304 Total capital (Total capital=Tier 1 + Tier 2) 53,069 58,145 58,005 Total RWA 307,795 353,273 364,448 CET 1 (phased-in) 12.98 % 12.15 % 11.98 % Tier 1 (phased-in) 14.84 % 14.04 % 13.64 % Total capital (phased-in) 17.24 % 16.46 % 15.92 % (*) Includes mainly the amount of repurchase of own shares pending to be executed and up to the maximum limit authorized by the ECB for the BBVA Group (see Note 4)
Leverage Ratio [Table Text Block]	Breakdown of leverage ratio as of December 31, 2021, 2020 and 2019, calculated according to CCR, is as follows: Leverage ratio 2021 2020 2019 Tier 1 (millions of Euros) (a) 45,687 49,597 49,701 Exposure to leverage ratio (millions of Euros) (b) 671,790 741,095 731,087 Leverage ratio (a)/(b) (percentage) 6.80 % 6.69 % 6.80 %

Note 33 (Tables)

Note 33 (Tables)	12 Months Ended
	Dec. 31, 2021
Commitments and guarantees given [Abstract]
Commitments and guarantees given [Table Text Block]	The breakdown of the balance under these headings in the accompanying consolidated balance sheets is as follows: Commitments and guarantees given (Millions of Euros) Notes 2021 2020 2019 Loan commitments given 7.2.2 119,618 132,584 130,923 Of which: impaired 171 265 270 Central banks — — — General governments 3,483 2,919 3,117 Credit institutions 16,085 11,426 11,742 Other financial corporations 4,583 5,862 4,578 Non-financial corporations 59,475 71,011 65,475 Households 35,991 41,366 46,011 Financial guarantees given 7.2.2 11,720 10,665 10,984 Of which: impaired (*) 245 290 224 Central banks — 1 — General governments 162 132 125 Credit institutions 312 339 995 Other financial corporations 1,026 587 583 Non-financial corporations 10,039 9,376 8,986 Households 181 231 295 Other commitments given 7.2.2 34,604 36,190 39,209 Of which: impaired (*) 541 477 506 Central banks 2 124 1 General governments 212 199 521 Credit institutions 4,266 5,285 5,952 Other financial corporations 1,753 2,902 2,902 Non-financial corporations 28,224 27,496 29,682 Households 147 182 151 Total 7.2.2 165,941 179,440 181,116

Note 36 (Tables)

Note 36 (Tables)	12 Months Ended
	Dec. 31, 2021
Transactions on behalf of third parties [Abstract]
Transactions on behalf of third parties breakdown by concepts [Table Text Block]	The details of the relevant transactions on behalf of third parties are as follows: Transactions on behalf of third parties. Breakdown by concepts (Millions of Euros) 2021 2020 2019 Financial instruments entrusted to BBVA by third parties 356,985 357,022 693,497 Conditional bills and other securities received for collection 10,795 10,459 13,133 Securities lending 2,605 5,285 7,129 Total 370,385 372,766 713,759

Note 37 (Tables)

Note 37 (Tables)	12 Months Ended
	Dec. 31, 2021
Net Interest Income [Abstract]
Interest income breakdown by origin [Table Text Block]	The breakdown of the interest and other income recognized in the accompanying consolidated income statement is as follows: Interest and other income. Breakdown by origin (Millions of Euros) 2021 2020 2019 Financial assets held for trading 1,084 1,189 2,037 Financial assets designated at fair value through profit or loss 11 8 5 Financial assets at fair value through other comprehensive income 1,880 1,392 1,629 Financial assets at amortized cost 18,364 18,357 22,741 Insurance activity 1,084 1,021 1,079 Adjustments of income as a result of hedging transactions (84) (112) (72) Other income (*) 675 534 343 Total 23,015 22,389 27,762 (*) Includes accrued interest following TLTRO III transactions (see Note 22.1)
Interest expense breakdown by origin [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated income statements is as follows: Interest expense. Breakdown by origin (Millions of Euros) 2021 2020 2019 Financial liabilities held for trading 1,339 742 1,229 Financial liabilities designated at fair value through profit or loss 52 61 6 Financial liabilities at amortized cost 6,130 6,346 9,953 Adjustments of expense as a result of hedging transactions (360) (413) (250) Insurance activity 773 721 753 Cost attributable to pension funds 52 57 85 Other expense 342 284 196 Total 8,329 7,797 11,972

Note 38 (Tables)

Note 38 (Tables)	12 Months Ended
	Dec. 31, 2021
Dividend income [Abstract]
Dividend income breakdown by headline [Table Text Block]	The balances for this heading in the accompanying consolidated income statements correspond to dividends on shares and equity instruments other than those from shares in entities accounted for using the equity method (see Note 39), as can be seen in the breakdown below: Dividend income (Millions of Euros) 2021 2020 2019 Non-trading financial assets mandatorily at fair value through profit or loss 64 15 26 Financial assets at fair value through other comprehensive income 112 122 126 Total 176 137 153

Note 40 (Tables)

Note 40 (Tables)	12 Months Ended
	Dec. 31, 2021
Fee and commission income and expenses [Abstract]
Fee and commission income [Table Text Block]	The breakdown of the balance under these headings in the accompanying consolidated income statements is as follows: Fee and commission income. Breakdown by origin (Millions of Euros) 2021 2020 2019 Bills receivables 23 27 39 Demand accounts 425 322 301 Credit and debit cards and OPS 2,628 2,089 2,862 Checks 136 136 198 Transfers and other payment orders 664 555 623 Insurance product commissions 215 159 158 Loan commitments given 234 185 187 Other commitments and financial guarantees given 364 349 377 Asset management 1,250 1,100 1,026 Securities fees 267 367 294 Custody securities 169 135 123 Other fees and commissions 622 556 599 Total 6,997 5,980 6,786
Fees and commission expense [Table Text Block]	The breakdown of fee and commission expense under these heading in the accompanying consolidated income statements is as follows: Fee and commission expense. Breakdown by origin (Millions of Euros) 2021 2020 2019 Demand accounts 5 5 6 Credit and debit cards 1,427 1,130 1,566 Transfers and other payment orders 120 97 81 Commissions for selling insurance 51 54 54 Custody securities 55 52 30 Other fees and commissions 574 519 548 Total 2,232 1,857 2,284

Note 41 (Tables)

Note 41 (Tables)	12 Months Ended
	Dec. 31, 2021
Gains Or Losses On Financial Assets And Liabilities And Exchanges Differences [Abstract]
Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Heading On the Balance Sheet [Table Text Block]	The breakdown of the balance under this heading, by source of the related items, in the accompanying consolidated income statement is as follows: Gains (losses) on financial assets and liabilities, hedge accounting and exchange differences, net. Breakdown by heading (Millions of Euros) 2021 2020 2019 Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 134 139 186 Financial assets at amortized cost 27 106 44 Other financial assets and liabilities 106 33 141 Gains (losses) on financial assets and liabilities held for trading, net 341 777 419 Reclassification of financial assets from fair value through other comprehensive income — — — Reclassification of financial assets from amortized cost — — — Other gains (losses) 341 777 419 Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net 432 208 143 Reclassification of financial assets from fair value through other comprehensive income — — — Reclassification of financial assets from amortized cost — — — Other gains (losses) 432 208 143 Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net 335 56 (98) Gains (losses) from hedge accounting, net (214) 7 55 Subtotal gains (losses) on financial assets and liabilities 1,027 1,187 705 Exchange differences, net 883 359 581 Total 1,910 1,546 1,286
Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Nature Of The Financial Instrument [Table Text Block]	The breakdown of the balance (excluding exchange rate differences) under this heading in the accompanying income statements by the nature of financial instruments is as follows: Gains (losses) on financial assets and liabilities. Breakdown by nature of the financial instrument (Millions of Euros) 2021 2020 2019 Debt instruments 158 848 945 Equity instruments 2,059 (28) 1,336 Trading derivatives and hedge accounting (1,866) 277 (1,133) Loans and advances to customers 100 128 78 Customer deposits 55 (79) (26) Other 522 42 (497) Total 1,027 1,187 705
Derivatives Hedge accounting [Table Text Block]	The breakdown of the balance of the impact of the derivatives (trading and hedging) under this heading in the accompanying consolidated income statements is as follows: Derivatives - Hedge accounting (Millions of Euros) 2021 2020 2019 Derivatives Interest rate agreements 73 269 (85) Securities agreements (1,500) (36) (1,072) Commodity agreements 3 1 5 Credit derivative agreements (255) (89) 74 Foreign-exchange agreements 40 88 (75) Other agreements (12) 37 (35) Subtotal (1,651) 270 (1,187) Hedging derivatives ineffectiveness — Fair value hedges (235) 5 55 Hedging derivative 90 (151) (36) Hedged item (325) 156 91 Cash flow hedges 21 2 — Subtotal (214) 7 55 Total (1,866) 277 (1,133)

Note 42 (Tables)

Note 42 (Tables)	12 Months Ended
	Dec. 31, 2021
Other Operating Income Expense [Abstract]
Other operating income [Table Text Block]	The breakdown of the balance under the heading “Other operating income” in the accompanying consolidated income statements is as follows: Other operating income (Millions of Euros) 2021 2020 2019 Gains from sales of non-financial services 301 244 258 Hyperinflation adjustment (*) 177 94 146 Other operating income 183 154 235 Total 661 492 639 (*) See Note 2.2.19.
Other operating expense [Table Text Block]	The breakdown of the balance under the heading “Other operating expense” in the accompanying consolidated income statements is as follows: Other operating expense (Millions of Euros) 2021 2020 2019 Change in inventories 151 124 107 Contributions to guaranteed banks deposits funds 829 800 746 Hyperinflation adjustment (*) 585 348 538 Other operating expense 475 390 551 Total 2,041 1,662 1,943 (*) See Note 2.2.19.

Note 43 (Tables)

Note 43 (Tables)	12 Months Ended
	Dec. 31, 2021
Income And Expenses From Insurance And Reinsurance Contracts [Abstract]
Insurance And Reinsurance Contracts In Income And Expense [Table Text Block]	The detail of the headings “Income and expense from insurance and reinsurance contracts” in the accompanying consolidated income statements is as follows: Income and expense from insurance and reinsurance contracts (Millions of Euros) 2021 2020 2019 Income from insurance and reinsurance contracts 2,593 2,497 2,890 Expense from insurance and reinsurance contracts (1,685) (1,520) (1,751) Total 908 977 1,138
Income by type of insurance product [Table Text Block]	The table below shows the contribution of each insurance product to the Group´s income for the years ended December 31, 2021, 2020 and 2019: Income by type of insurance product (Millions of Euros) 2021 2020 2019 Life insurance 622 497 631 Individual 583 439 477 Group insurance 39 59 154 Non-Life insurance 286 480 508 Home insurance — 91 90 Other non-life insurance products 286 389 418 Total 908 977 1,138

Note 44 (Tables)

Note 44 (Tables)	12 Months Ended
	Dec. 31, 2021
Administration Costs [Abstract]
Personnel Expenses Breakdown [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated income statements is as follows: Personnel expense (Millions of Euros) Notes 2021 2020 2019 Wages and salaries 3,933 3,610 4,103 Social security costs 668 671 725 Defined contribution plan expense 25 71 72 95 Defined benefit plan expense 25 49 49 49 Other personnel expense 325 293 379 Total 5,046 4,695 5,351
Administrative expenses [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated income statements is as follows: Other administrative expense. Breakdown by main concepts (Millions of Euros) 2021 2020 2019 Technology and systems 1,176 1,088 1,060 Communications 175 172 181 Advertising 207 186 250 Property, fixtures and materials 380 404 477 Taxes other than income tax 347 344 378 Surveillance and cash courier services 179 161 188 Other expense 786 749 885 Total 3,249 3,105 3,418

Note 45 (Tables)

Note 45 (Tables)	12 Months Ended
	Dec. 31, 2021
Depreciation And Amortisation Exasfpense [Abstract]
Depreciation And Amortisation Expense [Table Text Block]	The breakdown of the balance under this heading in the accompanying consolidated income statements for the years ended December 31, 2021, 2020 and 2019 is as follows: Depreciation and amortization (Millions of Euros) Notes 2021 2020 2019 Tangible assets 17 740 781 876 For own use 437 453 523 Right-of-use assets 299 324 349 Investment properties and other 3 3 3 Intangible assets 18.2 494 507 510 Total 1,234 1,288 1,386

Note 46 (Tables)

Note 46 (Tables)	12 Months Ended
	Dec. 31, 2021
Provisions or reversal of provisions [Abstract]
Provisions or reversal of provisions [Table Text Block]	For the years ended December 31, 2021, 2020 and 2019, the net provisions recognized in this income statement line item were as follows: Provisions or reversal of provisions (Millions of Euros) Notes 2021 2020 2019 Pensions and other post-employment defined benefit obligations 25 61 210 213 Commitments and guarantees given 8 192 96 Pending legal issues and tax litigation 135 208 171 Other provisions (*) 814 136 133 Total 1,018 746 614 (*) In 2021, it includes a provision for the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Note 24).

Note 47 (Tables)

Note 47 (Tables)	12 Months Ended
	Dec. 31, 2021
Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss [Abstract]
Impairment Or Reversal Of Impairment On Financial Assets Not Measured At Fair Value Through Profit Or Loss [Table Text Block]	The breakdown of impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification by the nature of those assets in the accompanying consolidated income statements is as follows: Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification (Millions of Euros) Notes 2021 2020 2019 Financial assets at fair value through other comprehensive income - Debt securities 17 19 82 Financial assets at amortized cost (*) 3,017 5,160 3,470 Of which: Recovery of written-off assets by cash collection 7.2.5 (423) (339) (919) Total 3,034 5,179 3,552 (*) In 2020, the amount included the negative impact of the update of the macroeconomic scenario following the COVID-19 pandemic (see Notes 1.5, 7.1 and 7.2)

Note 49 (Tables)

Note 49 (Tables)	12 Months Ended
	Dec. 31, 2021
Impairment or reversal of impairment on non financial assets [Abstract]
Impairment Or Reversal Of Impairment On Non Financial Assets [Table Text Block]	The impairment losses on non-financial assets broken down by the nature of those assets in the accompanying consolidated income statements are as follows: Impairment or reversal of impairment on non-financial assets (Millions of Euros) Notes 2021 2020 2019 Tangible assets (*) 17 161 125 94 Intangible assets 19 19 12 Others 41 9 23 Total 221 153 128 (*) In 2021, it includes the impairment due to the closing of rented offices after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 17 and 24).

Note 50 (Tables)

Note 50 (Tables)	12 Months Ended
	Dec. 31, 2021
Profit Or Loss From Non Current Assets And Disposal Groups Classified As Held For Sale Not Qualifying As Discontinued Operations [Abstract]
Profit Or Loss From Non Current Assets And Disposal Groups Classified As Held For Sale Not Qualifying As Discontinued Operations [Table Text Block]	The main items included in the balance under this heading in the accompanying consolidated income statements are as follows: Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations (Millions of Euros) Notes 2021 2020 2019 Gains on sale of real estate 39 116 86 Impairment of non-current assets held for sale (*) 21 (97) (103) (72) Gains (losses) on sale of investments classified as non-current assets held for sale (**) 10 431 10 Gains on sale of equity instruments classified as non-current assets held for sale 8 — — Total (40) 444 23 (*) In 2021, it includes the impairment due to the closing of owned offices and the decommissioning of facilities after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 21 and 24).

Note 51 (Tables)

Note 51 (Tables)	12 Months Ended
	Dec. 31, 2021
Consolidated statements of cash flows [Abstract]
Liabilities from financing activities [Table Text Block]	The variation between 2021, 2020 and 2019 of the financial liabilities from financing activities is the following: Liabilities from financing activities. December 2021 (Millions of Euros) December 31, 2020 Cash flows Non-cash changes December 31, 2021 Acquisition Disposal Disposals by companies held for sale Foreign exchange movement Fair value changes Liabilities at amortized cost: Debt certificates 61,780 (5,728) — — — (289) — 55,763 Of which: Issuances of subordinated liabilities (*) 17,248 (1,941) — (772) — 259 — 14,794 (*) Additionally, there is €14 million of subordinated deposits as of December 31, 2021 (see Note 22.4 and Appendix VI). The subordinated issuances of BBVA Paraguay and of the USA Sale perimeter as of December 31, 2020 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" of the consolidated balance and amounted to €37 and €735 million, respectively. In addition, in 2021 there were coupon payments of subordinated liabilities for 359 million euros. Liabilities from financing activities. December 2020 (Millions of Euros) December 31, 2019 Cash flows Non-cash changes December 31, 2020 Acquisition Disposal Disposals by companies held for sale (**) Foreign exchange movement Fair value changes Liabilities at amortized cost: Debt certificates 63,963 3,003 — — (3,160) (2,026) — 61,780 Of which: Issuances of subordinated liabilities (*) 17,675 (8) — — — (419) — 17,248 (*) Additionally, there were €12 million of subordinated deposits as of December 31, 2020 (see Note 22.4 and Appendix VI). The subordinated issuances of BBVA Paraguay and of the USA Sale perimeter as of December 31, 2020 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" of the consolidated balance and amounted to €37 and €735 million, respectively. In addition, in 2020 there were coupon payments of subordinated liabilities for 387 million euros. (**) Includes mainly the balance of the USA Sale perimeter (see Notes 1.3, 3 and 21). Liabilities from financing activities. December 2019 (Millions of Euros) December 31, 2018 Cash flows Non-cash changes December 31, 2019 Acquisition Disposal Foreign exchange movement Fair value changes Liabilities at amortized cost: Debt certificates 61,112 2,643 — — 209 — 63,963 Of which: Issuances of subordinated liabilities (*) 17,635 (190) — — 229 — 17,675 (*)Additionally, there were subordinated deposits for €384 million as of December 31, 2019 (see Note 22.4 and Appendix VI). Subordinated issuances corresponding to BBVA Paraguay as of December 31, 2019 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" and amounted to €40 million.

Note 52 (Tables)

Note 52 (Tables)	12 Months Ended
	Dec. 31, 2021
Auditor's remuneration [abstract]
Fees for audits conducted and other related services [Table Text Block]	The details of the fees for the services contracted by entities of the BBVA Group for the years ended December 31, 2021, 2020 and 2019 with their respective auditors and other audit entities are as follows: Fees for Audits conducted and other related services (*) (Millions of euros) 2021 2020 2019 Audits of the companies audited by firms belonging to the KPMG worldwide organization and other reports related with the audit (**) 24.4 27.7 28.1 Other reports required pursuant to applicable legislation and tax regulations issued by the national supervisory bodies of the countries in which the Group operates, reviewed by firms belonging to the KPMG worldwide organization 1.5 1.3 1.5 Fees for audits conducted by other firms 0.2 0.2 — (*) Regardless of the billed year. (**) Including fees pertaining to annual legal audits (€21.0, €23.6 and €24.1 million as of December 31, 2021, 2020 and 2019, respectively).
Other services rendered [Table Text Block]	In the years ended December 31, 2021, 2020 and 2019, certain entities in the BBVA Group contracted other services (other than audits) as follows: Other Services rendered (Millions of Euros) 2021 2020 2019 Firms belonging to the KPMG worldwide organization 0.2 0.4 0.3
Fees for audits conducted [Table Text Block]	This total of contracted services includes the detail of the services provided by KPMG Auditores, S.L. to BBVA, S.A. or its controlled companies at the date of preparation of these consolidated financial statements as follows: Fees for audits conducted (*) (Millions of Euros) 2021 2020 2019 Legal audit of BBVA,S.A. or its companies under control 7.2 6.5 6.5 Other audit services of BBVA, S.A. or its companies under control 5.2 5.4 5.5 Limited Review of BBVA, S.A. or its companies under control 0.9 0.9 0.9 Reports related to issuances 0.1 0.3 0.3 Assurance services and other required by the regulator 0.8 0.9 0.8 (*) Services provided by KPMG Auditores, S.L. to companies located in Spain, to the branch of BBVA in New York and to the branch of BBVA in London.

Note 53 (Tables)

Note 53 (Tables)	12 Months Ended
	Dec. 31, 2021
Related party transactions [abstract]
Balances Arising From Transactions With Entities Of The Group Explanatory [Table Text Block]	The balances of the main captions in the accompanying consolidated balance sheets arising from the transactions carried out by the BBVA Group with associates and joint venture entities accounted for using the equity method are as follows: Balances arising from transactions with entities of the Group (Millions of Euros) 2021 2020 2019 Assets Loans and advances to credit institutions 9 148 26 Loans and advances to customers 2,031 1,743 1,682 Liabilities Deposits from credit institutions 1 — 3 Customer deposits 296 791 453 Memorandum accounts Financial guarantees given 154 132 166 Other contingent commitments given 1,056 1,400 1,042 Loan commitments given 11 11 106
Balance of income statement arising from transactions with entities of the group [Table Text Block]	The balances of the main captions in the accompanying consolidated income statements resulting from transactions with associates and joint venture entities that are accounted for under the equity method are as follows: Balances of consolidated income statement arising from transactions with entities of the Group (Millions of Euros) 2021 2020 2019 Income statement Interest and other income 16 20 19 Interest expense — 1 1 Fee and commission income 8 5 4 Fee and commission expense 31 34 53
Transactions with members of the board of directors and senior management balance at 31st december [Table Text Block]	The amount and nature of the main transactions carried out with members of the Board of Directors and Senior Management of the Bank, or their respective related parties, are shown below. Balance at 31 st December of each year (EUR thousand) 2021 2020 2019 Directors Related parties of Directors Senior Management* Related parties of Senior Management Directors Related parties of Directors Senior Management* Related parties of Senior Management Directors Related parties of Directors Senior Management* Related parties of Senior Management Loans and credits 765 207 5,419 573 — — 5,349 580 607 — 4,414 57 Bank guarantees — — 10 — — — 10 25 — — 10 25 Business credit — — — — — — — — — — — — *Excluding executive directors

Note 54 (Tables)

Note 54 (Tables)	12 Months Ended
	Dec. 31, 2021
Remuneration And Other Benefits Received By The Board Of Directors And Members Of The Banks Senior Management [Abstract]
Remuneration For Non Executive Directors Explanatory [Table Text Block]	The remuneration paid to non-executive members of the Board of Directors during the 2021 financial year is indicated below, individualized and itemized: Remuneration for non-executive directors (thousands of Euros) Board of Directors Executive Committee Audit Committee Risk and Compliance Committee Remuneration Committee Appointments and Corporate Governance Committee Technology and Cybersecurity Committee Other positions (1) Total José Miguel Andrés Torrecillas 129 167 66 115 50 527 Jaime Caruana Lacorte 129 167 165 107 567 Raúl Galamba de Oliveira 129 107 43 278 Belén Garijo López 129 66 107 46 349 Sunir Kumar Kapoor 129 43 172 Lourdes Máiz Carro 129 66 43 238 José Maldonado Ramos 129 167 46 342 Ana Peralta Moreno 129 66 43 238 Juan Pi Llorens 129 214 46 43 80 512 Ana Revenga Shanklin 129 107 236 Susana Rodríguez Vidarte 129 167 107 46 449 Carlos Salazar Lomelín 129 43 172 Jan Verplancke 129 43 43 214 Total (2) 1,673 667 431 642 278 301 171 130 4,293 (1) Amounts received during the 2021 financial year by José Miguel Andrés Torrecillas, in his capacity as Deputy Chair of the Board of Directors, and by Juan Pi Llorens, in his capacity as Lead Director. (2) Includes amounts corresponding to membership on the Board and its various committees during the 2021 financial year.
Annual fixed remuneration [Table Text Block]	2021 Annual Fixed Remuneration (thousands of Euros) Chairman 2,924 Chief Executive Officer 2,179 Total 5,103
Annual variable remuneration Upfront payment [Table Text Block]	In addition, in accordance with the conditions established in the BBVA Directors' Remuneration Policy, during the 2021 financial year, the Chief Executive Officer received €654 thousand for the cash in lieu of pension item (equivalent to 30% of his Annual Fixed Remuneration)—given that he does not have a retirement pension (see the "Pension commitments" section of this Note), and €600 thousand for the mobility allowance item. 2020 Annual Variable Remuneration In cash (thousands of Euros) In shares Chairman 0 0 Chief Executive Officer 0 0 Total 0 0
Deferred annual variable remuneration Deferred portion [Table Text Block]	In accordance with the remuneration policies applicable in 2017 and in application of the settlement and payment system for the Annual Variable Remuneration for said financial year, in 2021, the executive directors have received, the portion of the Deferred Annual Variable Remuneration for the 2017 financial year (60% of the total AVR) payable in 2021 (60% of the Deferred Portion in the case of the Chairman and the entire Deferred Portion in the case of the Chief Executive Officer), after it was determined that no downward adjustment had to be made, based on the result of the multi-year performance indicators approved for such remuneration. In the case of the Chairman, 40% of this remuneration was paid in cash and 60% in shares; and in the case of the Chief Executive Officer, this remuneration was paid in equal parts cash and shares, together, in both cases, with the corresponding update in cash, thus concluding the payment of the Chief Executive Officer's Annual Variable Remuneration for the 2017 financial year. Deferred Annual Variable Remuneration for previous financial years (1) In cash (thousands of Euros) In shares Chairman 411 83,692 Chief Executive Officer 307 39,796 Total 717 123,488 (1) Remuneration corresponding to the Deferred AVR for the 2017 financial year payable in 2021, together with its update in cash. The Deferred AVR of the Chairman and the Chief Executive Officer for the 2017 financial year is associated with their previous positions as Chief Executive Officer and President & CEO of BBVA USA, respectively.
Annual fixed remuneration Senior management [Table Text Block]	The remuneration paid during the 2021 financial year to members of Senior Management as a whole, who held that position as at 31 December 2021 (16 members, excluding executive directors), is itemized by remuneration item below: 2021 Annual Fixed Remuneration (thousands of euros) Senior Management total 16,435
Annual variable remuneration Upfront portion Senior management [Table Text Block]	2020 Annual Variable Remuneration In cash (thousands of Euros) In shares Senior Management total 0 0
Annual variable remuneration Deferred portion Senior management [Table Text Block]	Even though the members of Senior Management have not accrued any amount corresponding to 2020 Annual Variable Remuneration as they waived it, two members of Senior Management have received in 2021 variable remunerations corresponding to retention bonuses derived from their former positions. Therefore, in accordance with the BBVA Group General Remuneration Policy, which is applicable to the members of Senior Management, retention bonuses are considered variable remuneration and comply with applicable rules regarding payment in shares, deferral, ex post adjustments and malus and clawback arrangements established in such Policy for the Annual Variable Remuneration. The variable remunerations received in this regard in 2021 by the members of Senior Management amount to a total aggregate amount of €862 thousand and 203,834 BBVA shares. In accordance with the remuneration policy for this group applicable in 2017 and in application of the settlement and payment system for the Annual Variable Remuneration for said financial year, in 2021, the members of Senior Management who were beneficiaries of such remuneration received the portion of the Deferred Annual Variable Remuneration for the 2017 financial year payable in 2021, after it was determined that no downward adjustment had to be made, based on the result of the multi-year performance indicators approved for such remuneration. In accordance with the remuneration policy applicable in 2017, current members of Senior Management who held such a position in the 2017 financial year were paid 40% of this remuneration in cash and 60% in shares, while, in the case of members who did not hold such a position in the 2017 financial year, this remuneration was paid in equal parts cash and shares. In both cases, the corresponding update in cash was included. This payment concluded the payment of the Annual Variable Remuneration for the 2017 financial year to the members of Senior Management who, while being members of the Identified Staff, were not members of Senior Management in that financial year. Annual Variable Remuneration corresponding to previous financial years (1) In cash (thousands of Euros) In shares Senior Management total 667 119,313 (1) Remuneration corresponding to the Deferred AVR for the 2017 financial year payable in 2021, in the case of members of Senior Management who were beneficiaries, together with its update in cash.
Pension commitments with executive directors and member of senior Management [Table Text Block]	The "theoretical shares" allocated to non-executive directors who are beneficiaries of the fixed remuneration system with shares with deferred delivery in the 2021 financial year, corresponding to 20% of the total annual fixed allowance in cash received by each of them in the 2020 financial year, were as follows: Theoretical shares allocated in 2021 (1) Theoretical shares accumulated as at 31 December 2021 José Miguel Andrés Torrecillas 22,860 98,772 Jaime Félix Caruana Lacorte 25,585 56,972 Raúl Galamba de Oliveira 9,500 9,500 Belén Garijo López 15,722 77,848 Sunir Kumar Kapoor 7,737 30,652 Lourdes Máiz Carro 10,731 55,660 José Maldonado Ramos 15,416 123,984 Ana Peralta Moreno 10,731 26,396 Juan Pi Llorens 23,079 115,896 Ana Revenga Shanklin 7,568 7,568 Susana Rodríguez Vidarte 20,237 161,375 Carlos Salazar Lomelín 5,642 5,642 Jan Verplancke 9,024 21,416 Total 183,832 791,681 (1)The number of "theoretical shares" allocated to each non-executive director is equal to 20% of the total annual fixed allowance in cash received by each such director in 2020 based on the average closing price of the BBVA share during the 60 trading sessions prior to the General Meeting of 20 April 2021, which was €4.44 per share.

Note 2 Depreciation rates for t

Note 2 Depreciation rates for tangible assets (Details)	12 Months Ended
	Dec. 31, 2021
Buildings [member]
Effective dates of revaluation property plant and equipment [Line Items]
Effective dates of revaluation, property, plant and equipment	1% - 4%
Furniture [Member]
Effective dates of revaluation property plant and equipment [Line Items]
Effective dates of revaluation, property, plant and equipment	8% - 10%
Fixtures and fittings [member]
Effective dates of revaluation property plant and equipment [Line Items]
Effective dates of revaluation, property, plant and equipment	6% - 12%
Office equipment [member]
Effective dates of revaluation property plant and equipment [Line Items]
Effective dates of revaluation, property, plant and equipment	8% - 25%
Right of use assets [Member]
Effective dates of revaluation property plant and equipment [Line Items]
Effective dates of revaluation, property, plant and equipment	The lesser of the lease term or the useful life of the underlying asset

Note 2 Hedging Instruments Affe

Note 2 Hedging Instruments Affected By IBOR (Details) € in Millions	12 Months Ended
	Dec. 31, 2021EUR (€)
loans and advances [Member]
Hedging Intsruments Affected By IBOR [Line Items]
EONIA maturity after december 31 2021	€ 59
LIBOR EX USD maturity after december 31 2021	1,568
LIBOR USD maturity after june 30 2023	21,256
Total gross carrying amount	22,883
Debt securities [Member]
Hedging Intsruments Affected By IBOR [Line Items]
EONIA maturity after december 31 2021	0
LIBOR EX USD maturity after december 31 2021	0
LIBOR USD maturity after june 30 2023	158
Total gross carrying amount	158
debt securities issued [Member]
Hedging Intsruments Affected By IBOR [Line Items]
EONIA maturity after december 31 2021	0
LIBOR EX USD maturity after december 31 2021	243
LIBOR USD maturity after june 30 2023	1,974
Total gross carrying amount	2,217
deposits [Member]
Hedging Intsruments Affected By IBOR [Line Items]
EONIA maturity after december 31 2021	371
LIBOR EX USD maturity after december 31 2021	846
LIBOR USD maturity after june 30 2023	2,015
Total gross carrying amount	3,232
Derivatives [member]
Hedging Intsruments Affected By IBOR [Line Items]
EONIA maturity after december 31 2021	7,079
LIBOR EX USD maturity after december 31 2021	27,343
LIBOR USD maturity after june 30 2023	474,701
Total gross carrying amount	€ 509,122

Note 3 Contribution to consolid

Note 3 Contribution to consolidated group total assets entities by main activities (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Contribution to Consolidated Group total assets [Line Items]
Assets	€ 662,885	€ 733,797	€ 695,471
Banking and other financial services [Member]
Contribution to Consolidated Group total assets [Line Items]
Assets	631,683	703,304	664,100
Insurance and pension fund managing companies [Member]
Contribution to Consolidated Group total assets [Line Items]
Assets	29,657	28,667	29,300
Other non-financial services [Member]
Contribution to Consolidated Group total assets [Line Items]
Assets	€ 1,545	€ 1,826	€ 2,071

Note 4 Available amount for int

Note 4 Available amount for interim dividend payments (Details) € in Millions	Aug. 31, 2021EUR (€)
Available amount for interim dividend payments [Line Items]
Profit of BBVA after the provision for income tax	€ 934
Maximum amount distributable	934
Amount of proposed interim dividend	533
BBVA cash balance available to the date	€ 31,887

Note 4 Application of results (

Note 4 Application of results (Details) € in Millions	Dec. 31, 2021EUR (€)
Application of results [Line Items]
Profit or loss for the year apllication of results	€ 1,080
Distribution of results
Interim dividends application of results	533
Dividend payables	€ 547

Note 5 Basic and diluted earnin

Note 5 Basic and diluted earnings per share (Details) - EUR (€) € / shares in Units, € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Basic and diluted earnings per share [Line Items]
Profit (loss), attributable to owners of parent		€ 4,653	€ 1,305	€ 3,512
Adjustment additional Tier 1 securities	[1]	(359)	(387)	(419)
Profit adjusted		4,293	917	3,093
Of which profit loss from continued operations net of remuneration of additional Tier 1 capital instruments		4,014	2,646	3,851
Of which profit from discontinued operations net of non-controlling interest		280	(1,729)	(758)
Denominator for basic earnings per share number of shares outstanding		0	0	0
Weighted average number of shares outstanding	[2]	6,668	6,668	6,668
Average treasury shares		(12)	(13)	(20)
Share buyback program	[3]	(255)	0	0
Adjusted number of shares basic earnings per share C		6,401	6,655	6,648
Adjusted number of shares diluted earnings per share D		€ 6,401	€ 6,655	€ 6,648
Earning losses per share	[4]	€ 0.67	€ 0.14	€ 0.47
Basic earnings (loss) per share from continuing operations		0.63	0.40	0.58
Diluted earnings (loss) per share from continuing operations		0.63	0.40	0.58
Basic earnings (loss) per share from discontinued operations		0.04	(0.26)	(0.11)
Diluted earnings (loss) per share from discontinued operations		€ 0.04	€ (0.26)	€ (0.11)
[1]	(*) Remuneration in the year related to contingent convertible securities, recognized in equity (see Note 22.4).
[2]	(**) Weighted average number of shares outstanding (millions of euros), excluding weighted average of treasury shares during the year.
[3]	(***) Consists of 112 million shares acquired between November 22 and December 31, 2021, by J.P. Morgan AG, as manager of the first tranche of the shares buyback program approved by the Board of Directors in October 2021 (€1,500 million); and the estimated number of shares pending to be acquired under such tranche as of December 31, 2021 (see Note 4)
[4]	(****) In 2021, 2020 and 2019 the weighted average number of shares outstanding was 6,668 million. The adjustment of additional Tier 1 securities amounted to €359, €387 and €419 million in 2021, 2020 and 2019, respectively.

Note 6 Total Group assets by op

Note 6 Total Group assets by operating segments (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Total Assets of the Group by business segments [Line Items]
Assets	€ 662,885	€ 733,797		€ 695,471
SPAIN
Total Assets of the Group by business segments [Line Items]
Assets	413,477	408,030	[1]	367,678	[1]
MEXICO
Total Assets of the Group by business segments [Line Items]
Assets	118,106	110,236	[1]	109,087	[1]
TURKEY
Total Assets of the Group by business segments [Line Items]
Assets	56,245	59,585	[1]	64,416	[1]
South America [Member]
Total Assets of the Group by business segments [Line Items]
Assets	56,124	55,436	[1]	54,996	[1]
Rest of business [Member]
Total Assets of the Group by business segments [Line Items]
Assets	40,314	35,172	[1]	32,891	[1]
Subtotal assets by operating segments [Member]
Total Assets of the Group by business segments [Line Items]
Assets	684,266	668,460	[1]	629,068	[1]
Corporate Center And Adjustments [Member]
Total Assets of the Group by business segments [Line Items]
Assets	(21,381)	65,336	[1]	66,403	[1]
Assets [member]
Total Assets of the Group by business segments [Line Items]
Assets	€ 662,885	€ 733,797	[1]	€ 695,471	[1]
[1]	(*) The figures corresponding to 2020 and 2019 have been restated.

Note 6 Main margins and profit

Note 6 Main margins and profit by operating segments (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
income by operating segment [Line Items]
Interest income	€ (23,015)	€ (22,389)		€ (27,762)
Gross profit	21,066	20,166		21,522
Profit (loss) before tax	7,247	5,248		7,046
Profit (loss), attributable to owners of parent	4,653	1,305		3,512
Group BBVA [Member]
income by operating segment [Line Items]
Interest income	(14,686)	(14,592)	[1]	(15,789)	[1]
Gross profit	21,066	20,166	[1]	21,522	[1]
Operating income by operating segment	11,536	11,079	[1]	11,368	[1]
Profit (loss) before tax	7,247	5,248	[1]	7,046	[1]
Profit or loss after tax from discontinued operations operating segments	280	(1,729)	[1]	(758)	[1]
Profit (loss), attributable to owners of parent	4,653	1,305	[1]	3,512	[1]
SPAIN
income by operating segment [Line Items]
Interest income	(3,502)	(3,566)	[1]	(3,585)	[1]
Gross profit	5,925	5,567	[1]	5,674	[1]
Operating income by operating segment	2,895	2,528	[1]	2,420	[1]
Profit (loss) before tax	2,122	823	[1]	1,896	[1]
Profit or loss after tax from discontinued operations operating segments	0	0	[1]	0	[1]
Profit (loss), attributable to owners of parent	1,581	652	[1]	1,436	[1]
MEXICO
income by operating segment [Line Items]
Interest income	(5,836)	(5,415)	[1]	(6,209)	[1]
Gross profit	7,603	7,025	[1]	8,034	[1]
Operating income by operating segment	4,944	4,680	[1]	5,383	[1]
Profit (loss) before tax	3,528	2,475	[1]	3,690	[1]
Profit or loss after tax from discontinued operations operating segments	0	0	[1]	0	[1]
Profit (loss), attributable to owners of parent	2,568	1,761	[1]	2,698	[1]
TURKEY
income by operating segment [Line Items]
Interest income	(2,370)	(2,783)	[1]	(2,814)	[1]
Gross profit	3,422	3,573	[1]	3,590	[1]
Operating income by operating segment	2,414	2,544	[1]	2,375	[1]
Profit (loss) before tax	1,953	1,522	[1]	1,341	[1]
Profit or loss after tax from discontinued operations operating segments	0	0	[1]	0	[1]
Profit (loss), attributable to owners of parent	740	563	[1]	506	[1]
South America [Member]
income by operating segment [Line Items]
Interest income	(2,859)	(2,701)	[1]	(3,196)	[1]
Gross profit	3,162	3,225	[1]	3,850	[1]
Operating income by operating segment	1,661	1,853	[1]	2,276	[1]
Profit (loss) before tax	961	896	[1]	1,396	[1]
Profit or loss after tax from discontinued operations operating segments	0	0	[1]	0	[1]
Profit (loss), attributable to owners of parent	491	446	[1]	721	[1]
Rest of business [Member]
income by operating segment [Line Items]
Interest income	(281)	(291)	[1]	(236)	[1]
Gross profit	741	839	[1]	728	[1]
Operating income by operating segment	291	372	[1]	249	[1]
Profit (loss) before tax	314	280	[1]	222	[1]
Profit or loss after tax from discontinued operations operating segments	0	0	[1]	0	[1]
Profit (loss), attributable to owners of parent	254	222	[1]	184	[1]
Corporate center [Member]
income by operating segment [Line Items]
Interest income	(163)	(164)	[1]	(252)	[1]
Gross profit	212	(63)	[1]	(353)	[1]
Operating income by operating segment	(668)	(898)	[1]	(1,336)	[1]
Profit (loss) before tax	(1,632)	(748)	[1]	(1,499)	[1]
Profit or loss after tax from discontinued operations operating segments	280	(1,729)	[1]	(758)	[1]
Profit (loss), attributable to owners of parent	€ (980)	€ (2,339)	[1]	€ (2,032)	[1]
[1]	(*) The figures of the Operating Segments corresponding to 2020 and 2019 have been restated.

Note 7 Amount of payment deferr

Note 7 Amount of payment deferral and financing with public guarantees of the Group (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	[1]
Amount of payment deferral and financing with public guarantees of the Group [Line Items]
Operations with payment deferral	€ 21,931	€ 28,405
Operations financing with public guarantee	16,093	16,053
Total operations with payment deferral and guarantees	€ 38,025	€ 44,458
Credit investment percentage	10.90%	12.90%
Current [Member]
Amount of payment deferral and financing with public guarantees of the Group [Line Items]
Operations with payment deferral	€ 189	€ 6,536
Finished [Member]
Amount of payment deferral and financing with public guarantees of the Group [Line Items]
Operations with payment deferral	21,743	21,868
Number of clients [Member]
Amount of payment deferral and financing with public guarantees of the Group [Line Items]
Operations with payment deferral	2,188,720	2,779,964
Operations financing with public guarantee	€ 264,809	€ 249,458
[1]	(*) Figures as of December 2020 do not include the companies sold in the United States in 2021.

Note 7 Amount of payment defe_2

Note 7 Amount of payment deferral and financing with public guarantees by concept (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	[1]
Bbva group [Member]
Operations by concept [Line Items]
Payment deferral	€ 21,931	€ 28,405
Public guarantees given by the group	16,093	16,053
Private individuals [Member]
Operations by concept [Line Items]
Payment deferral	15,011	19,052
Public guarantees given by the group	1,376	1,235
Mortgages [member]
Operations by concept [Line Items]
Payment deferral	10,291	11,059
Public guarantees given by the group	6	1
Small companies [Member]
Operations by concept [Line Items]
Payment deferral	3,994	5,766
Public guarantees given by the group	10,911	10,573
Non financial entities [Member]
Operations by concept [Line Items]
Payment deferral	2,803	3,358
Public guarantees given by the group	3,788	4,232
Other [Member]
Operations by concept [Line Items]
Payment deferral	122	229
Public guarantees given by the group	18	13
Current [Member] | Bbva group [Member]
Operations by concept [Line Items]
Payment deferral	189	6,536
Current [Member] | Private individuals [Member]
Operations by concept [Line Items]
Payment deferral	107	4,503
Current [Member] | Mortgages [member]
Operations by concept [Line Items]
Payment deferral	97	3,587
Current [Member] | Small companies [Member]
Operations by concept [Line Items]
Payment deferral	44	1,023
Current [Member] | Non financial entities [Member]
Operations by concept [Line Items]
Payment deferral	37	961
Current [Member] | Other [Member]
Operations by concept [Line Items]
Payment deferral	0	50
Finished moratorium [Member] | Bbva group [Member]
Operations by concept [Line Items]
Payment deferral	21,743	21,868
Finished moratorium [Member] | Private individuals [Member]
Operations by concept [Line Items]
Payment deferral	14,904	14,550
Finished moratorium [Member] | Mortgages [member]
Operations by concept [Line Items]
Payment deferral	10,195	7,471
Finished moratorium [Member] | Small companies [Member]
Operations by concept [Line Items]
Payment deferral	3,950	4,743
Finished moratorium [Member] | Non financial entities [Member]
Operations by concept [Line Items]
Payment deferral	2,766	2,397
Finished moratorium [Member] | Other [Member]
Operations by concept [Line Items]
Payment deferral	€ 122	€ 179
[1]	(*) Figures as of December 2020 do not include the companies sold in the United States in 2021.

Note 7 Amount of payment defe_3

Note 7 Amount of payment deferrals by stages (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	[1]
Operations by concept [Line Items]
Total operations by concept	€ 21,931	€ 28,405
Households	15,011	19,052
Of which mortages	10,291	11,059
SMEs	3,994	5,766
Non financial entities	2,803	3,358
Other concepts	122	229
Stage 1 [Member]
Operations by concept [Line Items]
Total operations by concept	13,236	18,602
Households	9,167	12,336
Of which mortages	6,360	7,347
SMEs	2,609	4,147
Non financial entities	1,364	1,903
Other concepts	95	216
Stage 2 [Member]
Operations by concept [Line Items]
Total operations by concept	6,252	7,736
Households	3,707	4,997
Of which mortages	2,444	2,844
SMEs	1,131	1,327
Non financial entities	1,387	1,399
Other concepts	27	13
Stage 3 [Member]
Operations by concept [Line Items]
Total operations by concept	2,444	2,066
Households	2,137	1,719
Of which mortages	1,487	867
SMEs	254	292
Non financial entities	53	56
Other concepts	€ 0	€ 0
[1]	(*) Figures as of December 2020 do not include the companies sold in the United States in 2021.

Note 7 Positive scenario of GDP

Note 7 Positive scenario of GDP, unemployment rate and HPI for the main geographies (Details) - Positive scenario [Member]	Dec. 31, 2021	Dec. 31, 2020
SPAIN | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(11.20%)
Unemployment		16.44%
HPI		(1.44%)
SPAIN | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	5.52%	6.63%
Unemployment	14.42%	16.03%
HPI	0.33%	(3.28%)
SPAIN | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	6.14%	6.27%
Unemployment	12.50%	12.72%
HPI	4.70%	4.56%
SPAIN | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	5.13%	2.95%
Unemployment	10.05%	10.82%
HPI	3.06%	5.79%
SPAIN | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.61%	2.07%
Unemployment	8.48%	9.58%
HPI	1.87%	3.66%
SPAIN | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	2.22%	2.01%
Unemployment	7.49%	8.55%
HPI	1.56%	3.57%
SPAIN | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	2.19%
Unemployment	6.71%
HPI	1.19%
MEXICO | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(8.85%)
Unemployment		4.57%
HPI		1.71%
MEXICO | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	6.39%	4.58%
Unemployment	4.18%	5.40%
HPI	2.35%	(1.23%)
MEXICO | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	4.07%	3.80%
Unemployment	3.89%	5.17%
HPI	5.38%	0.32%
MEXICO | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	2.81%	1.62%
Unemployment	3.75%	5.04%
HPI	3.85%	0.31%
MEXICO | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.17%	1.47%
Unemployment	3.69%	4.91%
HPI	3.07%	1.01%
MEXICO | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	1.88%	1.47%
Unemployment	3.64%	4.76%
HPI	4.08%	1.72%
MEXICO | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	1.83%
Unemployment	3.59%
HPI	3.95%
TURKEY | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		2.07%
Unemployment		13.45%
TURKEY | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	11.63%	9.08%
Unemployment	11.90%	12.60%
TURKEY | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	5.60%	5.30%
Unemployment	11.35%	11.58%
TURKEY | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	5.80%	4.13%
Unemployment	11.93%	11.58%
TURKEY | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	3.62%	4.11%
Unemployment	12.66%	11.19%
TURKEY | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	3.66%	4.10%
Unemployment	12.94%	10.85%
TURKEY | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	3.66%
Unemployment	13.05%
PERU | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(11.74%)
Unemployment		12.75%
PERU | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	13.60%	12.56%
Unemployment	11.33%	10.29%
PERU | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	4.91%	5.25%
Unemployment	7.50%	10.00%
PERU | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	3.78%	3.68%
Unemployment	6.82%	8.73%
PERU | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.76%	3.58%
Unemployment	6.55%	7.23%
PERU | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	2.34%	3.35%
Unemployment	6.52%	6.88%
PERU | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	2.28%
Unemployment	6.47%
ARGENTINA | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(10.64%)
Unemployment		13.60%
ARGENTINA | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	9.91%	9.95%
Unemployment	15.12%	14.39%
ARGENTINA | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	6.69%	3.52%
Unemployment	11.34%	11.88%
ARGENTINA | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	3.02%	2.08%
Unemployment	9.48%	8.99%
ARGENTINA | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.09%	2.11%
Unemployment	7.99%	7.69%
ARGENTINA | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	2.16%	2.14%
Unemployment	6.89%	6.78%
ARGENTINA | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	2.12%
Unemployment	6.88%
COLOMBIA | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(6.80%)
Unemployment		18.14%
COLOMBIA | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	9.89%	6.80%
Unemployment	15.36%	16.14%
COLOMBIA | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	5.33%	3.70%
Unemployment	13.60%	14.53%
COLOMBIA | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	3.38%	3.15%
Unemployment	13.22%	14.28%
COLOMBIA | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	3.30%	3.27%
Unemployment	12.31%	12.49%
COLOMBIA | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	3.44%	3.60%
Unemployment	11.58%	12.28%
COLOMBIA | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	3.51%
Unemployment	11.32%

Note 7 Base scenario of GDP, un

Note 7 Base scenario of GDP, unemployment rate and HPI for the main geographies (Details) - Base scenario [Member]	Dec. 31, 2021	Dec. 31, 2020
SPAIN | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(11.48%)
Unemployment		16.95%
HPI		(1.98%)
SPAIN | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	5.23%	5.99%
Unemployment	14.93%	17.51%
HPI	(0.20%)	(5.08%)
SPAIN | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	5.49%	6.04%
Unemployment	13.98%	14.35%
HPI	2.91%	3.48%
SPAIN | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	4.89%	2.93%
Unemployment	11.68%	12.41%
HPI	2.04%	5.44%
SPAIN | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.59%	2.07%
Unemployment	10.08%	11.14%
HPI	1.50%	3.20%
SPAIN | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	2.22%	2.01%
Unemployment	9.05%	9.99%
HPI	1.10%	3.12%
SPAIN | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	2.19%
Unemployment	8.15%
HPI	0.74%
MEXICO | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(9.25%)
Unemployment		4.62%
HPI		1.81%
MEXICO | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	5.98%	3.71%
Unemployment	4.22%	5.57%
HPI	2.46%	(1.32%)
MEXICO | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	3.19%	3.53%
Unemployment	4.05%	5.35%
HPI	5.30%	0.15%
MEXICO | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	2.54%	1.55%
Unemployment	3.92%	5.19%
HPI	3.68%	0.31%
MEXICO | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.09%	1.45%
Unemployment	3.83%	5.03%
HPI	3.07%	1.02%
MEXICO | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	1.87%	1.46%
Unemployment	3.77%	4.88%
HPI	4.08%	1.71%
MEXICO | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	1.82%
Unemployment	3.71%
HPI	3.93%
TURKEY | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(0.01%)
Unemployment		13.98%
TURKEY | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	9.46%	5.52%
Unemployment	12.43%	14.05%
TURKEY | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	1.98%	4.53%
Unemployment	12.80%	12.58%
TURKEY | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	5.04%	4.01%
Unemployment	12.93%	11.95%
TURKEY | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	3.49%	3.99%
Unemployment	13.03%	11.38%
TURKEY | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	3.54%	3.98%
Unemployment	13.13%	11.03%
TURKEY | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	3.53%
Unemployment	13.23%
PERU | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(13.04%)
Unemployment		12.80%
PERU | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	12.22%	10.05%
Unemployment	11.38%	10.48%
PERU | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	2.32%	4.52%
Unemployment	7.70%	10.23%
PERU | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	3.05%	3.69%
Unemployment	7.06%	8.93%
PERU | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.76%	3.58%
Unemployment	6.76%	7.41%
PERU | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	2.34%	3.35%
Unemployment	6.70%	7.06%
PERU | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	2.28%
Unemployment	6.64%
ARGENTINA | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(13.00%)
Unemployment		13.98%
ARGENTINA | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	7.49%	5.54%
Unemployment	15.50%	15.40%
ARGENTINA | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	2.30%	2.54%
Unemployment	12.35%	12.80%
ARGENTINA | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	2.04%	1.98%
Unemployment	10.40%	9.60%
ARGENTINA | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	1.98%	1.98%
Unemployment	8.60%	8.18%
ARGENTINA | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	2.03%	2.01%
Unemployment	7.38%	7.28%
ARGENTINA | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	1.99%
Unemployment	7.38%
COLOMBIA | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(7.51%)
Unemployment		18.23%
COLOMBIA | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	9.17%	5.48%
Unemployment	15.44%	16.40%
COLOMBIA | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	4.02%	3.46%
Unemployment	13.86%	14.83%
COLOMBIA | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	3.13%	3.15%
Unemployment	13.51%	14.57%
COLOMBIA | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	3.29%	3.27%
Unemployment	12.60%	12.78%
COLOMBIA | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	3.44%	3.60%
Unemployment	11.87%	12.55%
COLOMBIA | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	3.51%
Unemployment	11.53%

Note 7 Negative scenario of GDP

Note 7 Negative scenario of GDP, unemployment rate and HPI for the main geographies (Details) - Negative scenario [Member]	Dec. 31, 2021	Dec. 31, 2020
SPAIN | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(11.76%)
Unemployment		17.44%
HPI		(2.60%)
SPAIN | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	4.95%	5.37%
Unemployment	15.41%	18.94%
HPI	(0.82%)	(6.69%)
SPAIN | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	4.88%	5.82%
Unemployment	15.41%	15.92%
HPI	1.31%	2.49%
SPAIN | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	4.68%	2.88%
Unemployment	13.25%	13.99%
HPI	1.09%	4.94%
SPAIN | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.54%	2.03%
Unemployment	11.65%	12.70%
HPI	0.99%	2.45%
SPAIN | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	2.18%	1.97%
Unemployment	10.62%	11.45%
HPI	0.35%	2.36%
SPAIN | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	2.15%
Unemployment	9.61%
HPI	(0.01%)
MEXICO | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(9.64%)
Unemployment		4.67%
HPI		1.89%
MEXICO | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	5.58%	2.84%
Unemployment	4.27%	5.75%
HPI	2.54%	(1.48%)
MEXICO | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	2.33%	3.25%
Unemployment	4.23%	5.53%
HPI	5.13%	(0.06%)
MEXICO | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	2.26%	1.48%
Unemployment	4.10%	5.34%
HPI	3.48%	0.17%
MEXICO | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.03%	1.41%
Unemployment	3.99%	5.17%
HPI	2.92%	0.99%
MEXICO | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	1.82%	1.41%
Unemployment	3.90%	5.02%
HPI	4.05%	1.70%
MEXICO | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	1.78%
Unemployment	3.84%
HPI	3.93%
TURKEY | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(2.10%)
Unemployment		14.49%
TURKEY | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	7.29%	1.75%
Unemployment	12.94%	15.51%
TURKEY | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	(1.87%)	3.56%
Unemployment	14.26%	13.64%
TURKEY | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	4.09%	3.92%
Unemployment	13.99%	12.33%
TURKEY | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	3.40%	3.91%
Unemployment	13.41%	11.56%
TURKEY | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	3.47%	3.91%
Unemployment	13.31%	11.20%
TURKEY | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	3.46%
Unemployment	13.40%
PERU | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(14.33%)
Unemployment		12.85%
PERU | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	10.84%	7.53%
Unemployment	11.43%	10.69%
PERU | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	(0.28%)	3.78%
Unemployment	7.90%	10.48%
PERU | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	2.31%	3.69%
Unemployment	7.30%	9.15%
PERU | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	2.76%	3.57%
Unemployment	6.98%	7.62%
PERU | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	2.34%	3.35%
Unemployment	6.91%	7.27%
PERU | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	2.28%
Unemployment	6.85%
ARGENTINA | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(15.28%)
Unemployment		14.34%
ARGENTINA | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	5.14%	0.89%
Unemployment	15.86%	16.38%
ARGENTINA | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	(2.34%)	1.33%
Unemployment	13.33%	13.69%
ARGENTINA | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	0.85%	1.86%
Unemployment	11.29%	10.19%
ARGENTINA | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	1.86%	1.83%
Unemployment	9.19%	8.63%
ARGENTINA | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	1.88%	1.86%
Unemployment	7.83%	7.75%
ARGENTINA | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	1.83%
Unemployment	7.85%
COLOMBIA | 2020 [Member]
Macroeconomic variables [Line Items]
GDP		(8.25%)
Unemployment		18.31%
COLOMBIA | 2021 [Member]
Macroeconomic variables [Line Items]
GDP	8.43%	4.16%
Unemployment	15.52%	16.66%
COLOMBIA | 2022 [Member]
Macroeconomic variables [Line Items]
GDP	2.72%	3.16%
Unemployment	14.12%	15.10%
COLOMBIA | 2023 [Member]
Macroeconomic variables [Line Items]
GDP	2.83%	3.15%
Unemployment	13.79%	14.84%
COLOMBIA | 2024 [Member]
Macroeconomic variables [Line Items]
GDP	3.29%	3.27%
Unemployment	12.87%	13.04%
COLOMBIA | 2025 [Member]
Macroeconomic variables [Line Items]
GDP	3.43%	3.60%
Unemployment	12.13%	12.80%
COLOMBIA | 2026 [Member]
Macroeconomic variables [Line Items]
GDP	3.51%
Unemployment	11.71%

Note 7 Expected loss variation

Note 7 Expected loss variation as of december (Details)	Dec. 31, 2021	Dec. 31, 2020
Bbva group [Member] | Total portfolio [Member]
Basic point [Line Items]
GDP -100 bp	3.44%	3.55%
GDP over100 bp	(3.20%)	(3.25%)
Bbva group [Member] | Retail [Member]
Basic point [Line Items]
GDP -100 bp	3.18%	3.47%
GDP over100 bp	(2.96%)	(3.14%)
Bbva group [Member] | Mortgages [member]
Basic point [Line Items]
GDP -100 bp	3.43%	3.72%
GDP over100 bp	(2.92%)	(3.03%)
Bbva group [Member] | Wholesaler [Member]
Basic point [Line Items]
GDP -100 bp	4.87%	3.91%
GDP over100 bp	(4.54%)	(3.69%)
Bbva group [Member] | Fixed income [Member]
Basic point [Line Items]
GDP -100 bp	1.87%	1.58%
GDP over100 bp	(1.82%)	(1.97%)
SPAIN | Total portfolio [Member]
Basic point [Line Items]
GDP -100 bp	3.33%	3.72%
GDP over100 bp	(3.06%)	(3.32%)
SPAIN | Mortgages [member]
Basic point [Line Items]
GDP -100 bp	4.03%	4.39%
GDP over100 bp	(3.35%)	(3.57%)
Housing price -100 bp	5.17%	5.41%
Housing price over100 bp	(5.11%)	(5.35%)
SPAIN | Companies [Member]
Basic point [Line Items]
GDP -100 bp	4.16%	3.96%
GDP over100 bp	(3.97%)	(3.53%)
Housing price -100 bp	0.78%	0.79%
Housing price over100 bp	(0.77%)	(0.77%)
MEXICO | Total portfolio [Member]
Basic point [Line Items]
GDP -100 bp	3.73%	3.91%
GDP over100 bp	(3.56%)	(3.64%)
MEXICO | Mortgages [member]
Basic point [Line Items]
GDP -100 bp	2.06%	2.20%
GDP over100 bp	(1.96%)	(2.07%)
Housing price -100 bp	2.90%	3.13%
Housing price over100 bp	(2.73%)	(4.47%)
MEXICO | Cards [Member]
Basic point [Line Items]
GDP -100 bp	6.57%	6.30%
GDP over100 bp	(6.07%)	(5.78%)
TURKEY | Total portfolio [Member]
Basic point [Line Items]
GDP -100 bp	2.39%	1.56%
GDP over100 bp	(2.29%)	(1.47%)
TURKEY | Retail [Member]
Basic point [Line Items]
GDP -100 bp		1.62%
GDP over100 bp		(1.47%)
TURKEY | Wholesaler [Member]
Basic point [Line Items]
GDP -100 bp	2.03%	1.58%
GDP over100 bp	(2.08%)	(1.55%)
TURKEY | Cards [Member]
Basic point [Line Items]
GDP -100 bp	2.67%
GDP over100 bp	(2.47%)

Note 7 Maximum credit risk expo

Note 7 Maximum credit risk exposure (Details) - EUR (€)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Total stage [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	€ 753,730,000,000	€ 747,145,000,000	€ 807,520,000,000
Total stage [Member] | Financial assets held for trading [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	92,560,000,000	65,696,000,000	67,238,000,000
Total stage [Member] | Financial assets held for trading [Member] | equity instruments [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	15,963,000,000	11,458,000,000	8,892,000,000
Total stage [Member] | Financial assets held for trading [Member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	25,790,000,000	23,970,000,000	26,309,000,000
Total stage [Member] | Financial assets held for trading [Member] | loans and advances [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	50,807,000,000	30,268,000,000	32,037,000,000
Total stage [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	6,086,000,000	5,198,000,000	5,557,000,000
Total stage [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | equity instruments [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	5,303,000,000	4,133,000,000	1,120,000,000
Total stage [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	128,000,000	356,000,000	110,000,000
Total stage [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | loans and advances [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	655,000,000	709,000,000	4,327,000,000
Total stage [Member] | Financial assets designated at fair value through profit or loss [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	1,092,000,000	1,117,000,000	1,214,000,000
Total stage [Member] | Derivatives [member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	43,687,000,000	46,302,000,000	39,462,000,000
Total stage [Member] | Financial assets at fair value through other comprehensive income, category [member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	60,495,000,000	69,537,000,000	61,293,000,000
Total stage [Member] | Financial assets at fair value through other comprehensive income, category [member] | equity instruments [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	1,320,000,000	1,100,000,000	2,420,000,000
Total stage [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	59,148,000,000	68,404,000,000	58,841,000,000
Total stage [Member] | Financial assets at fair value through other comprehensive income, category [member] | Loans and advances to credit institutions [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	27,000,000	33,000,000	33,000,000
Total stage [Member] | Financial assets at amortised cost, category [member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	383,870,000,000	379,857,000,000	451,640,000,000
Total stage [Member] | Financial assets at amortised cost, category [member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	34,833,000,000	35,785,000,000	38,930,000,000
Total stage [Member] | Financial assets at amortised cost, category [member] | Loans and advances to central banks [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	5,687,000,000	6,229,000,000	4,285,000,000
Total stage [Member] | Financial assets at amortised cost, category [member] | Loans and advances to credit institutions [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	13,295,000,000	14,591,000,000	13,664,000,000
Total stage [Member] | Financial assets at amortised cost, category [member] | Loans and advances to customers [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	330,055,000,000	323,252,000,000	394,763,000,000
Total stage [Member] | Total financial assets risk [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	587,789,000,000	567,705,000,000	626,404,000,000
Total stage [Member] | Total loan commitments and financial guarantees [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	165,941,000,000	179,440,000,000	181,116,000,000
Total stage [Member] | Total loan commitments and financial guarantees [Member] | Loan commitments given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	119,618,000,000	132,584,000,000	130,923,000,000
Total stage [Member] | Total loan commitments and financial guarantees [Member] | Financial guarantees given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	11,720,000,000	10,665,000,000	10,984,000,000
Total stage [Member] | Total loan commitments and financial guarantees [Member] | Other commitments given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	34,604,000,000	36,190,000,000	39,209,000,000
Stage 1 [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	58,587,000,000	67,995,000,000	58,590,000,000
Stage 1 [Member] | Financial assets at fair value through other comprehensive income, category [member] | Loans and advances to credit institutions [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	27,000,000	33,000,000	33,000,000
Stage 1 [Member] | Financial assets at amortised cost, category [member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	334,772,000,000	334,552,000,000	402,024,000,000
Stage 1 [Member] | Financial assets at amortised cost, category [member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	34,605,000,000	35,759,000,000	38,790,000,000
Stage 1 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to central banks [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	5,687,000,000	6,229,000,000	4,285,000,000
Stage 1 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to credit institutions [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	13,285,000,000	14,565,000,000	13,500,000,000
Stage 1 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to customers [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	281,195,000,000	277,998,000,000	345,449,000,000
Stage 1 [Member] | Total loan commitments and financial guarantees [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	152,914,000,000	165,726,000,000	169,663,000,000
Stage 1 [Member] | Total loan commitments and financial guarantees [Member] | Loan commitments given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	112,494,000,000	124,104,000,000	123,707,000,000
Stage 1 [Member] | Total loan commitments and financial guarantees [Member] | Financial guarantees given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	10,146,000,000	9,208,000,000	9,804,000,000
Stage 1 [Member] | Total loan commitments and financial guarantees [Member] | Other commitments given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	30,274,000,000	32,414,000,000	36,151,000,000
Stage 2 [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	561,000,000	410,000,000	250,000,000
Stage 2 [Member] | Financial assets at fair value through other comprehensive income, category [member] | Loans and advances to credit institutions [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	0	0	0
Stage 2 [Member] | Financial assets at amortised cost, category [member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	34,418,000,000	30,607,000,000	33,624,000,000
Stage 2 [Member] | Financial assets at amortised cost, category [member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	205,000,000	6,000,000	106,000,000
Stage 2 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to central banks [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	0	0	0
Stage 2 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to credit institutions [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	10,000,000	20,000,000	158,000,000
Stage 2 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to customers [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	34,203,000,000	30,581,000,000	33,360,000,000
Stage 2 [Member] | Total loan commitments and financial guarantees [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	12,070,000,000	12,682,000,000	10,452,000,000
Stage 2 [Member] | Total loan commitments and financial guarantees [Member] | Loan commitments given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	6,953,000,000	8,214,000,000	6,945,000,000
Stage 2 [Member] | Total loan commitments and financial guarantees [Member] | Financial guarantees given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	1,329,000,000	1,168,000,000	955,000,000
Stage 2 [Member] | Total loan commitments and financial guarantees [Member] | Other commitments given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	3,789,000,000	3,300,000,000	2,552,000,000
Stage 3 [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	0	0	0
Stage 3 [Member] | Financial assets at fair value through other comprehensive income, category [member] | Loans and advances to credit institutions [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	0	0	0
Stage 3 [Member] | Financial assets at amortised cost, category [member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	14,680,000,000	14,698,000,000	15,993,000,000
Stage 3 [Member] | Financial assets at amortised cost, category [member] | Debt securities [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	22,000,000	20,000,000	33,000,000
Stage 3 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to central banks [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	0	0	0
Stage 3 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to credit institutions [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	0	6,000,000	6,000,000
Stage 3 [Member] | Financial assets at amortised cost, category [member] | Loans and advances to customers [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	14,657,000,000	14,672,000,000	15,954,000,000
Stage 3 [Member] | Total loan commitments and financial guarantees [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	957,000,000	1,032,000,000	1,001,000,000
Stage 3 [Member] | Total loan commitments and financial guarantees [Member] | Loan commitments given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	171,000,000	265,000,000	270,000,000
Stage 3 [Member] | Total loan commitments and financial guarantees [Member] | Financial guarantees given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	245,000,000	290,000,000	224,000,000
Stage 3 [Member] | Total loan commitments and financial guarantees [Member] | Other commitments given [Member]
Credit Exposure Classes of Financial Instruments [Line Items]
Maximum exposure to credit risk	€ 541,000,000	€ 477,000,000	€ 506,000,000

Note 7 Maximum Credit Risk Ex_2

Note 7 Maximum Credit Risk Exposure, accumulated allowances and carrying amount by geographical location (Details) - EUR (€) € in Millions		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Maximum Exposure to Credit Risk [Line Items]
Loans and advances to customers	[1]	€ 318,939		€ 311,147		€ 382,360
Customers [member] | SPAIN
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		201,405	[2]	195,983	[3]	197,058	[4]
Allowance account for credit losses of financial assets		(5,277)	[2]	(5,679)	[3]	(5,311)	[4]
Loans and advances to customers		196,129	[2]	190,304	[3]	191,747	[4]
Customers [member] | UNITED STATES
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk						57,387
Allowance account for credit losses of financial assets						(688)
Loans and advances to customers						56,699
Customers [member] | MEXICO
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		57,847		52,211		60,099
Allowance account for credit losses of financial assets		(2,038)		(2,211)		(2,013)
Loans and advances to customers		55,809		50,000		58,087
Customers [member] | TURKEY
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		33,472	[5]	39,633	[6]	43,113	[7]
Allowance account for credit losses of financial assets		(2,058)	[5]	(2,338)	[6]	(2,613)	[7]
Loans and advances to customers		31,414	[5]	37,295	[6]	40,500	[7]
Customers [member] | South America [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		36,335	[8]	34,499	[9]	36,265	[10]
Allowance account for credit losses of financial assets		(1,736)	[8]	(1,870)	[9]	(1,769)	[10]
Loans and advances to customers		34,599	[8]	32,629	[9]	34,497	[10]
Customers [member] | Other Countries [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		996		925		839
Allowance account for credit losses of financial assets		(8)		(7)		(8)
Loans and advances to customers		988		918		832
Customers [member] | Total maximum credit risk exposures [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		330,055	[11]	323,252	[12]	394,763	[13]
Allowance account for credit losses of financial assets		(11,116)	[11]	(12,105)	[12]	(12,402)	[13]
Loans and advances to customers		318,939	[11]	311,147	[12]	382,360	[13]
Customers [member] | Of which individual [Member]
Maximum Exposure to Credit Risk [Line Items]
Allowance account for credit losses of financial assets		(2,528)		(2,611)		(2,795)
Customers [member] | Of which collective [Member]
Maximum Exposure to Credit Risk [Line Items]
Allowance account for credit losses of financial assets		(8,587)		(9,494)		(9,608)
Stage 1 [Member] | Customers [member] | SPAIN
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		171,883	[2]	171,397	[3]	173,843	[4]
Allowance account for credit losses of financial assets		(722)	[2]	(753)	[3]	(712)	[4]
Loans and advances to customers		171,161	[2]	170,644	[3]	173,131	[4]
Stage 1 [Member] | Customers [member] | UNITED STATES
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk						49,744
Allowance account for credit losses of financial assets						(165)
Loans and advances to customers						49,580
Stage 1 [Member] | Customers [member] | MEXICO
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		51,665		46,373		54,748
Allowance account for credit losses of financial assets		(740)		(685)		(697)
Loans and advances to customers		50,925		45,688		54,052
Stage 1 [Member] | Customers [member] | TURKEY
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		26,497	[5]	30,832	[6]	34,536	[7]
Allowance account for credit losses of financial assets		(224)	[5]	(246)	[6]	(189)	[7]
Loans and advances to customers		26,273	[5]	30,586	[6]	34,347	[7]
Stage 1 [Member] | Customers [member] | South America [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		30,166	[8]	28,484	[9]	31,754	[10]
Allowance account for credit losses of financial assets		(277)	[8]	(320)	[9]	(366)	[10]
Loans and advances to customers		29,889	[8]	28,165	[9]	31,388	[10]
Stage 1 [Member] | Customers [member] | Other Countries [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		984		912		824
Allowance account for credit losses of financial assets		(1)		(1)		(1)
Loans and advances to customers		983		911		823
Stage 1 [Member] | Customers [member] | Total maximum credit risk exposures [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		281,195	[11]	277,998	[12]	345,449	[13]
Allowance account for credit losses of financial assets		(1,964)	[11]	(2,005)	[12]	(2,129)	[13]
Loans and advances to customers		279,231	[11]	275,993	[12]	343,320	[13]
Stage 1 [Member] | Customers [member] | Of which individual [Member]
Maximum Exposure to Credit Risk [Line Items]
Allowance account for credit losses of financial assets		(4)		(10)		(6)
Stage 1 [Member] | Customers [member] | Of which collective [Member]
Maximum Exposure to Credit Risk [Line Items]
Allowance account for credit losses of financial assets		(1,959)		(1,995)		(2,123)
Stage 2 [Member] | Customers [member] | SPAIN
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		21,380	[2]	16,387	[3]	14,599	[4]
Allowance account for credit losses of financial assets		(923)	[2]	(849)	[3]	(661)	[4]
Loans and advances to customers		20,457	[2]	15,538	[3]	13,939	[4]
Stage 2 [Member] | Customers [member] | UNITED STATES
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk						7,011
Allowance account for credit losses of financial assets						(342)
Loans and advances to customers						6,670
Stage 2 [Member] | Customers [member] | MEXICO
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		4,261		4,071		3,873
Allowance account for credit losses of financial assets		(381)		(442)		(404)
Loans and advances to customers		3,880		3,628		3,469
Stage 2 [Member] | Customers [member] | TURKEY
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		4,134	[5]	5,806	[6]	5,127	[7]
Allowance account for credit losses of financial assets		(424)	[5]	(535)	[6]	(450)	[7]
Loans and advances to customers		3,711	[5]	5,272	[6]	4,677	[7]
Stage 2 [Member] | Customers [member] | South America [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		4,425	[8]	4,312	[9]	2,742	[10]
Allowance account for credit losses of financial assets		(362)	[8]	(460)	[9]	(323)	[10]
Loans and advances to customers		4,062	[8]	3,852	[9]	2,419	[10]
Stage 2 [Member] | Customers [member] | Other Countries [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		3		5		7
Allowance account for credit losses of financial assets		0		0		(1)
Loans and advances to customers		3		4		6
Stage 2 [Member] | Customers [member] | Total maximum credit risk exposures [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		34,203	[11]	30,581	[12]	33,360	[13]
Allowance account for credit losses of financial assets		(2,091)	[11]	(2,287)	[12]	(2,181)	[13]
Loans and advances to customers		32,112	[11]	28,294	[12]	31,179	[13]
Stage 2 [Member] | Customers [member] | Of which individual [Member]
Maximum Exposure to Credit Risk [Line Items]
Allowance account for credit losses of financial assets		(657)		(479)		(347)
Stage 2 [Member] | Customers [member] | Of which collective [Member]
Maximum Exposure to Credit Risk [Line Items]
Allowance account for credit losses of financial assets		(1,434)		(1,808)		(1,834)
Stage 3 [Member] | Customers [member] | SPAIN
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		8,143	[2]	8,199	[3]	8,616	[4]
Allowance account for credit losses of financial assets		(3,631)	[2]	(4,077)	[3]	(3,939)	[4]
Loans and advances to customers		4,511	[2]	4,122	[3]	4,677	[4]
Stage 3 [Member] | Customers [member] | UNITED STATES
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk						632
Allowance account for credit losses of financial assets						(182)
Loans and advances to customers						450
Stage 3 [Member] | Customers [member] | MEXICO
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		1,921		1,767		1,478
Allowance account for credit losses of financial assets		(916)		(1,083)		(912)
Loans and advances to customers		1,005		684		566
Stage 3 [Member] | Customers [member] | TURKEY
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		2,841	[5]	2,995	[6]	3,451	[7]
Allowance account for credit losses of financial assets		(1,410)	[5]	(1,557)	[6]	(1,974)	[7]
Loans and advances to customers		1,431	[5]	1,438	[6]	1,477	[7]
Stage 3 [Member] | Customers [member] | South America [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		1,744	[8]	1,703	[9]	1,769	[10]
Allowance account for credit losses of financial assets		(1,096)	[8]	(1,090)	[9]	(1,079)	[10]
Loans and advances to customers		648	[8]	612	[9]	690	[10]
Stage 3 [Member] | Customers [member] | Other Countries [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		9		8		9
Allowance account for credit losses of financial assets		(7)		(6)		(6)
Loans and advances to customers		2		2		2
Stage 3 [Member] | Customers [member] | Total maximum credit risk exposures [Member]
Maximum Exposure to Credit Risk [Line Items]
Maximum exposure to credit risk		14,657	[11]	14,672	[12]	15,954	[13]
Allowance account for credit losses of financial assets		(7,061)	[11]	(7,813)	[12]	(8,093)	[13]
Loans and advances to customers		7,596	[11]	6,860	[12]	7,861	[13]
Stage 3 [Member] | Customers [member] | Of which individual [Member]
Maximum Exposure to Credit Risk [Line Items]
Allowance account for credit losses of financial assets		(1,867)		(2,122)		(2,441)
Stage 3 [Member] | Customers [member] | Of which collective [Member]
Maximum Exposure to Credit Risk [Line Items]
Allowance account for credit losses of financial assets		€ (5,194)		€ (5,691)		€ (5,652)
[1]	(*) The variation in 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
[2]	(*) Spain includes all countries where BBVA, S.A. operates.
[3]	(*) Spain includes all countries where BBVA, S.A. operates.
[4]	(*) Spain includes all countries where BBVA, S.A. operates.
[5]	(**) Turkey includes all countries in which Garanti BBVA operates.
[6]	(**) Turkey includes all countries in which Garanti BBVA operates.
[7]	(**) Turkey includes all countries in which Garanti BBVA operates.
[8]	(***) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[9]	(***) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[10]	(***) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[11]	(****) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2021, the remaining balance was €266 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.
[12]	(****) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2020 the remaining balance was €363 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.
[13]	(****) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2019 the remaining balance was €433 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.

Note 7 Maximum credit risk ex_3

Note 7 Maximum credit risk exposure, accumulated allowances and carrying amount by counterparty (Details) - Customers [member] - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Public administration [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	€ (19,719)	€ (19,439)	€ (28,281)
Allowance account for credit losses of financial assets	37	48	59
Net amount	19,682	19,391	28,222
Other financial corporations [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(9,826)	(9,856)	(11,239)
Allowance account for credit losses of financial assets	23	39	31
Net amount	9,804	9,817	11,207
Non financial corporations [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(146,797)	(142,547)	(173,254)
Allowance account for credit losses of financial assets	5,804	6,123	6,465
Net amount	140,993	136,424	166,789
Households [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(153,714)	(151,410)	(181,989)
Allowance account for credit losses of financial assets	5,253	5,895	5,847
Net amount	148,461	145,515	176,142
Loans and advances to customers [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(330,055)	(323,252)	(394,763)
Allowance account for credit losses of financial assets	11,116	12,105	12,402
Net amount	318,939	311,147	382,360
Stage 1 [Member] | Public administration [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(19,287)	(19,163)	(27,511)
Allowance account for credit losses of financial assets	13	14	15
Net amount	19,274	19,149	27,496
Stage 1 [Member] | Other financial corporations [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(9,672)	(9,747)	(11,085)
Allowance account for credit losses of financial assets	8	25	19
Net amount	9,664	9,722	11,066
Stage 1 [Member] | Non financial corporations [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(120,140)	(119,891)	(148,768)
Allowance account for credit losses of financial assets	759	774	811
Net amount	119,381	119,117	147,957
Stage 1 [Member] | Households [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(132,096)	(129,196)	(158,085)
Allowance account for credit losses of financial assets	1,184	1,192	1,283
Net amount	130,912	128,005	156,801
Stage 1 [Member] | Loans and advances to customers [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(281,195)	(277,998)	(345,449)
Allowance account for credit losses of financial assets	1,964	2,005	2,129
Net amount	279,231	275,993	343,320
Stage 2 [Member] | Public administration [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(369)	(200)	(682)
Allowance account for credit losses of financial assets	5	9	22
Net amount	364	191	660
Stage 2 [Member] | Other financial corporations [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(131)	(95)	(136)
Allowance account for credit losses of financial assets	6	6	2
Net amount	125	88	134
Stage 2 [Member] | Non financial corporations [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(19,366)	(15,179)	(16,018)
Allowance account for credit losses of financial assets	1,306	1,110	904
Net amount	18,060	14,069	15,114
Stage 2 [Member] | Households [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(14,336)	(15,108)	(16,523)
Allowance account for credit losses of financial assets	773	1,161	1,252
Net amount	13,563	13,946	15,272
Stage 2 [Member] | Loans and advances to customers [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(34,203)	(30,581)	(33,360)
Allowance account for credit losses of financial assets	2,091	2,287	2,181
Net amount	32,112	28,294	31,179
Stage 3 [Member] | Public administration [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(62)	(76)	(88)
Allowance account for credit losses of financial assets	19	25	21
Net amount	43	51	66
Stage 3 [Member] | Other financial corporations [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(24)	(14)	(17)
Allowance account for credit losses of financial assets	9	7	10
Net amount	15	7	8
Stage 3 [Member] | Non financial corporations [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(7,290)	(7,477)	(8,468)
Allowance account for credit losses of financial assets	3,738	4,239	4,750
Net amount	3,552	3,238	3,718
Stage 3 [Member] | Households [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(7,281)	(7,106)	(7,381)
Allowance account for credit losses of financial assets	3,295	3,542	3,312
Net amount	3,986	3,564	4,069
Stage 3 [Member] | Loans and advances to customers [Member]
Maximum credit risk exposure to customers [Line Items]
Maximum exposure to credit risk	(14,657)	(14,672)	(15,954)
Allowance account for credit losses of financial assets	7,061	7,813	8,093
Net amount	€ 7,596	€ 6,860	€ 7,861

Note 7 Loans and advances break

Note 7 Loans and advances breakdown by counterparty and product (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
On demand [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	€ 3,161	€ 2,835	€ 3,050
Credit card debt [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	14,030	13,093	16,355
Commercial debtors [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	19,524	15,544	17,276
Finance leases [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	7,911	7,650	8,711
Reverse repurchase loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	4,004	2,457	1,843
Other term loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	276,739	277,317	341,047
Advances that are not loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	13,208	13,777	13,156
Total loans and advances by products [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	338,577	332,672	401,438
Of which mortagage loans collateralized by immovable property [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	116,897	116,819	136,003
Of which other collateralized loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	10,979	7,562	48,548
Of which credit for consumption [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	42,294	39,799	46,356
Of which lending for house purchase [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	95,209	94,098	110,178
Of which project finance loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	8,863	10,721	12,259
Central banks [Member] | On demand [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	0
Central banks [Member] | Credit card debt [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	0
Central banks [Member] | Finance leases [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	0
Central banks [Member] | Reverse repurchase loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	1,192	472	0
Central banks [Member] | Other term loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	4,174	5,690	4,240
Central banks [Member] | Advances that are not loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	315	48	35
Central banks [Member] | Total loans and advances by products [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	5,681	6,209	4,275
Central banks [Member] | Of which other collateralized loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	1,180	472	0
General government [Member] | On demand [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	6	7	9
General government [Member] | Credit card debt [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	10
General government [Member] | Commercial debtors [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	791	898	971
General government [Member] | Finance leases [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	191	197	227
General government [Member] | Reverse repurchase loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	0
General government [Member] | Other term loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	18,440	18,111	26,734
General government [Member] | Advances that are not loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	394	260	865
General government [Member] | Total loans and advances by products [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	19,822	19,475	28,816
General government [Member] | Of which mortagage loans collateralized by immovable property [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	324	372	1,067
General government [Member] | Of which other collateralized loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	1,413	952	10,447
credit institutions [Member] | On demand [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	0
credit institutions [Member] | Credit card debt [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	1
credit institutions [Member] | Commercial debtors [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	0
credit institutions [Member] | Finance leases [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	0
credit institutions [Member] | Reverse repurchase loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	2,788	1,914	1,817
credit institutions [Member] | Other term loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	4,004	3,972	4,121
credit institutions [Member] | Advances that are not loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	6,510	8,721	7,743
credit institutions [Member] | Total loans and advances by products [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	13,303	14,608	13,682
credit institutions [Member] | Of which mortagage loans collateralized by immovable property [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	15
credit institutions [Member] | Of which other collateralized loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	2,534	0	93
Other financial corporations [Member] | On demand [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	321	502	118
Other financial corporations [Member] | Credit card debt [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	1	2	3
Other financial corporations [Member] | Commercial debtors [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	476	317	230
Other financial corporations [Member] | Finance leases [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	14	6	6
Other financial corporations [Member] | Reverse repurchase loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	23	0	0
Other financial corporations [Member] | Other term loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	5,413	5,799	7,795
Other financial corporations [Member] | Advances that are not loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	3,554	3,191	3,056
Other financial corporations [Member] | Total loans and advances by products [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	9,804	9,817	11,208
Other financial corporations [Member] | Of which mortagage loans collateralized by immovable property [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	220	209	261
Other financial corporations [Member] | Of which other collateralized loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	390	317	2,106
Non financial corporations [Member] | On demand [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	2,339	1,798	2,328
Non financial corporations [Member] | Credit card debt [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	1,504	1,485	1,940
Non financial corporations [Member] | Commercial debtors [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	18,191	14,262	15,976
Non financial corporations [Member] | Finance leases [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	7,388	7,125	8,091
Non financial corporations [Member] | Reverse repurchase loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	71	26
Non financial corporations [Member] | Other term loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	110,204	111,141	137,934
Non financial corporations [Member] | Advances that are not loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	1,805	1,084	951
Non financial corporations [Member] | Total loans and advances by products [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	141,431	136,966	167,246
Non financial corporations [Member] | Of which mortagage loans collateralized by immovable property [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	21,531	22,091	23,575
Non financial corporations [Member] | Of which other collateralized loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	3,512	3,763	29,009
Non financial corporations [Member] | Of which project finance loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	8,863	10,721	12,259
Households [Member] | On demand [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	495	528	595
Households [Member] | Credit card debt [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	12,523	11,605	14,401
Households [Member] | Commercial debtors [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	66	67	99
Households [Member] | Finance leases [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	317	322	387
Households [Member] | Reverse repurchase loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	0	0	0
Households [Member] | Other term loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	134,505	132,603	160,223
Households [Member] | Advances that are not loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	630	473	506
Households [Member] | Total loans and advances by products [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	148,536	145,598	176,211
Households [Member] | Of which mortagage loans collateralized by immovable property [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	94,821	94,147	111,085
Households [Member] | Of which other collateralized loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	1,950	2,059	6,893
Households [Member] | Of which credit for consumption [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	42,294	39,799	46,356
Households [Member] | Of which lending for house purchase [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	95,209	94,098	110,178
Gross Carrying Amount [Member] | On demand [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	3,345	3,021	3,251
Gross Carrying Amount [Member] | Credit card debt [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	14,949	14,220	17,608
Gross Carrying Amount [Member] | Commercial debtors [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	19,766	15,796	17,617
Gross Carrying Amount [Member] | Finance leases [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	8,256	8,013	9,095
Gross Carrying Amount [Member] | Reverse repurchase loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	4,013	2,463	1,848
Gross Carrying Amount [Member] | Other term loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	286,127	287,467	351,230
Gross Carrying Amount [Member] | Advances that are not loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	13,263	13,833	13,214
Gross Carrying Amount [Member] | Total loans and advances by products [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	349,719	344,813	413,863
Gross Carrying Amount [Member] | Of which mortagage loans collateralized by immovable property [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	119,980	120,194	139,317
Gross Carrying Amount [Member] | Of which other collateralized loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	11,335	7,776	49,266
Gross Carrying Amount [Member] | Of which credit for consumption [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	45,236	43,037	49,474
Gross Carrying Amount [Member] | Of which lending for house purchase [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	96,612	95,751	111,636
Gross Carrying Amount [Member] | Of which project finance loans [Member]
Breakdown by counterparty and product [Line Items]
Loans and advances by counterparty and product	€ 9,423	€ 11,032	€ 12,415

Note 7 Impaired loans and advan

Note 7 Impaired loans and advances at amortized cost covered by collateral (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Impaired financial assets at amortised cost [Line Items]
Impaired financial assets at amortised cost	€ 166,042	€ 163,912	€ 187,918
Maximum exposure to credit risk [Member]
Impaired financial assets at amortised cost [Line Items]
Impaired financial assets at amortised cost	14,657	14,678	15,959
Of which secured by collateral [Member] | Residential property [Member]
Impaired financial assets at amortised cost [Line Items]
Impaired financial assets at amortised cost	2,875	2,717	3,396
Of which secured by collateral [Member] | Commercial property [Member]
Impaired financial assets at amortised cost [Line Items]
Impaired financial assets at amortised cost	1,068	789	939
Of which secured by collateral [Member] | Cash [Member]
Impaired financial assets at amortised cost [Line Items]
Impaired financial assets at amortised cost	5	18	35
Of which secured by collateral [Member] | Other [Member]
Impaired financial assets at amortised cost [Line Items]
Impaired financial assets at amortised cost	33	52	221
Of which secured by collateral [Member] | Financial [Member]
Impaired financial assets at amortised cost [Line Items]
Impaired financial assets at amortised cost	€ 886	€ 575	€ 542

Note 7 Guarantees Received (Det

Note 7 Guarantees Received (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Guarantees received [Line Items]
Impaired financial assets at amortised cost	€ 166,042	€ 163,912	€ 187,918
Value of collateral [Member]
Guarantees received [Line Items]
Impaired financial assets at amortised cost	117,362	116,900	152,454
Value of collateral [Member] | Of which guarantees normal risks under special monitoring [Member]
Guarantees received [Line Items]
Impaired financial assets at amortised cost	11,768	11,296	14,623
Value of collateral [Member] | Of which guarantees non performing risks [Member]
Guarantees received [Line Items]
Impaired financial assets at amortised cost	3,981	3,577	4,590
Value of other guarantees [Member]
Guarantees received [Line Items]
Impaired financial assets at amortised cost	48,680	47,012	35,464
Value of other guarantees [Member] | Of which guarantees normal risks under special monitoring [Member]
Guarantees received [Line Items]
Impaired financial assets at amortised cost	7,404	4,045	3,306
Value of other guarantees [Member] | Of which guarantees non performing risks [Member]
Guarantees received [Line Items]
Impaired financial assets at amortised cost	€ 886	€ 575	€ 542

Note 7 Abridged scale to classi

Note 7 Abridged scale to classify BBVA group outstanding risk (Details)	12 Months Ended
	Dec. 31, 2021
Average [Member] | BBVA AAA Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.01%
Average [Member] | BBVA AA Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.02%
Average [Member] | BBVA AA Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.03%
Average [Member] | BBVA AA Minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.04%
Average [Member] | BBVA A plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.05%
Average [Member] | BBVA A Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.08%
Average [Member] | BBVA A Minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.10%
Average [Member] | BBVA BBB Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.14%
Average [Member] | BBVA BBB Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.20%
Average [Member] | BBVA BBB minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.31%
Average [Member] | BBVA BB Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.51%
Average [Member] | BBVA BB Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.88%
Average [Member] | BBVA BB minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	1.50%
Average [Member] | BBVA B plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	2.55%
Average [Member] | BBVA B Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	4.41%
Average [Member] | BBVA B minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	7.85%
Average [Member] | BBVA CCC Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	11.91%
Average [Member] | BBVA CCC Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	15.00%
Average [Member] | BBVA CCC minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	18.90%
Average [Member] | BBVA CC Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	23.81%
Average [Member] | BBVA CC Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	30.00%
Average [Member] | BBVA CC minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	37.80%
Bottom of range [member] | BBVA AAA Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.00%
Bottom of range [member] | BBVA AA Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.02%
Bottom of range [member] | BBVA AA Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.03%
Bottom of range [member] | BBVA AA Minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.04%
Bottom of range [member] | BBVA A plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.05%
Bottom of range [member] | BBVA A Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.06%
Bottom of range [member] | BBVA A Minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.09%
Bottom of range [member] | BBVA BBB Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.11%
Bottom of range [member] | BBVA BBB Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.17%
Bottom of range [member] | BBVA BBB minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.24%
Bottom of range [member] | BBVA BB Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.39%
Bottom of range [member] | BBVA BB Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.67%
Bottom of range [member] | BBVA BB minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	1.16%
Bottom of range [member] | BBVA B plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	1.94%
Bottom of range [member] | BBVA B Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	3.35%
Bottom of range [member] | BBVA B minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	5.81%
Bottom of range [member] | BBVA CCC Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	10.61%
Bottom of range [member] | BBVA CCC Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	13.36%
Bottom of range [member] | BBVA CCC minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	16.84%
Bottom of range [member] | BBVA CC Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	21.21%
Bottom of range [member] | BBVA CC Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	26.73%
Bottom of range [member] | BBVA CC minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	33.67%
Top of range [member] | BBVA AAA Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.02%
Top of range [member] | BBVA AA Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.03%
Top of range [member] | BBVA AA Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.04%
Top of range [member] | BBVA AA Minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.05%
Top of range [member] | BBVA A plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.06%
Top of range [member] | BBVA A Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.09%
Top of range [member] | BBVA A Minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.11%
Top of range [member] | BBVA BBB Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.17%
Top of range [member] | BBVA BBB Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.24%
Top of range [member] | BBVA BBB minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.39%
Top of range [member] | BBVA BB Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	0.67%
Top of range [member] | BBVA BB Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	1.16%
Top of range [member] | BBVA BB minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	1.94%
Top of range [member] | BBVA B plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	3.35%
Top of range [member] | BBVA B Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	5.81%
Top of range [member] | BBVA B minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	10.61%
Top of range [member] | BBVA CCC Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	13.36%
Top of range [member] | BBVA CCC Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	16.84%
Top of range [member] | BBVA CCC minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	21.21%
Top of range [member] | BBVA CC Plus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	26.73%
Top of range [member] | BBVA CC Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	33.67%
Top of range [member] | BBVA CC minus Rating [Member]
Disclosure of external credit grades [line items]
Abridged scale	42.43%

Note 7 Probability of default b

Note 7 Probability of default basis points (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Subject to 12 month ECL [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	89.40%	89.90%	91.00%
Subject to 12 month ECL [Member] | 0 to 2 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	5.80%	4.00%	5.50%
Subject to 12 month ECL [Member] | 2 to 5 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	15.70%	10.20%	6.30%
Subject to 12 month ECL [Member] | 5 to 11 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	15.20%	7.70%	14.60%
Subject to 12 month ECL [Member] | 11 to 39 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	18.70%	26.80%	24.50%
Subject to 12 month ECL [Member] | 39 to 194 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	19.10%	24.00%	24.50%
Subject to 12 month ECL [Member] | 194 to 1061 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	12.20%	15.10%	14.00%
Subject to 12 month ECL [Member] | 1061 to 2121 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	1.90%	1.50%	1.40%
Subject to 12 month ECL [Member] | More than 2121 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	0.80%	0.60%	0.40%
Subject to lifetime ECL [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	10.60%	10.10%	9.00%
Subject to lifetime ECL [Member] | 0 to 2 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	0.00%	0.00%	0.00%
Subject to lifetime ECL [Member] | 2 to 5 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	0.10%	0.10%	0.00%
Subject to lifetime ECL [Member] | 5 to 11 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	0.20%	0.10%	0.20%
Subject to lifetime ECL [Member] | 11 to 39 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	0.60%	0.50%	0.80%
Subject to lifetime ECL [Member] | 39 to 194 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	2.50%	2.30%	1.60%
Subject to lifetime ECL [Member] | 194 to 1061 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	3.80%	3.40%	3.60%
Subject to lifetime ECL [Member] | 1061 to 2121 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	1.50%	1.20%	1.20%
Subject to lifetime ECL [Member] | More than 2121 [Member]
Disclosure of probability of default [Line Items]
Probability of default in basis points	1.90%	2.50%	1.50%

Note 7 Impaired secured loans r

Note 7 Impaired secured loans risks (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 349,037	€ 344,072	€ 412,711
Loans and advances impared and accumulated impairment	14,657	14,678	15,959
Accumulated impairment	€ 11,142	€ 12,141	€ 12,427
Percentage of impairment loss recognised for loans and advances	4.20%	4.30%	3.90%
Central banks [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 5,687	€ 6,229	€ 4,285
Loans and advances impared and accumulated impairment	0	0	0
Accumulated impairment	€ (6)	€ (20)	€ (9)
Percentage of impairment loss recognised for loans and advances	0.00%	0.00%	0.00%
General government [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 19,719	€ 19,439	€ 28,281
Loans and advances impared and accumulated impairment	62	76	88
Accumulated impairment	€ (37)	€ (48)	€ (60)
Percentage of impairment loss recognised for loans and advances	0.30%	0.40%	0.30%
credit institutions [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 13,295	€ 14,591	€ 13,664
Loans and advances impared and accumulated impairment	0	6	6
Accumulated impairment	€ (19)	€ (16)	€ (15)
Percentage of impairment loss recognised for loans and advances	0.00%	0.00%	0.00%
Other financial institutions [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 9,826	€ 9,856	€ 11,239
Loans and advances impared and accumulated impairment	24	14	17
Accumulated impairment	€ (23)	€ (39)	€ (31)
Percentage of impairment loss recognised for loans and advances	0.20%	0.10%	0.20%
Non financial corporations [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 146,797	€ 142,547	€ 173,254
Loans and advances impared and accumulated impairment	7,290	7,477	8,467
Accumulated impairment	€ (5,804)	€ (6,123)	€ (6,465)
Percentage of impairment loss recognised for loans and advances	5.00%	5.20%	4.90%
Agriculture foresty and fishing [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 4,077	€ 3,438	€ 3,758
Loans and advances impared and accumulated impairment	125	132	154
Accumulated impairment	€ (154)	€ (108)	€ (124)
Percentage of impairment loss recognised for loans and advances	3.10%	3.80%	4.10%
Mining and quarrying [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 4,889	€ 4,349	€ 4,669
Loans and advances impared and accumulated impairment	222	47	100
Accumulated impairment	€ (130)	€ (59)	€ (86)
Percentage of impairment loss recognised for loans and advances	4.50%	1.10%	2.10%
Manufacturing [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 35,058	€ 33,771	€ 39,517
Loans and advances impared and accumulated impairment	1,003	1,486	1,711
Accumulated impairment	€ (867)	€ (1,129)	€ (1,242)
Percentage of impairment loss recognised for loans and advances	2.90%	4.40%	4.30%
Electricity gas steam and air conditioning supply [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 13,718	€ 13,490	€ 12,305
Loans and advances impared and accumulated impairment	570	591	684
Accumulated impairment	€ (489)	€ (509)	€ (575)
Percentage of impairment loss recognised for loans and advances	4.20%	4.40%	5.60%
Water supply [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 782	€ 899	€ 900
Loans and advances impared and accumulated impairment	22	17	14
Accumulated impairment	€ (21)	€ (15)	€ (16)
Percentage of impairment loss recognised for loans and advances	2.90%	1.90%	1.60%
Construction [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 8,336	€ 10,019	€ 10,945
Loans and advances impared and accumulated impairment	894	1,397	1,377
Accumulated impairment	€ (619)	€ (722)	€ (876)
Percentage of impairment loss recognised for loans and advances	10.70%	13.90%	12.60%
Wholesale and retail trade [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 25,856	€ 24,594	€ 27,467
Loans and advances impared and accumulated impairment	1,311	1,456	1,799
Accumulated impairment	€ (1,104)	€ (1,223)	€ (1,448)
Percentage of impairment loss recognised for loans and advances	5.10%	5.90%	6.60%
Transport and storage [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 10,310	€ 8,117	€ 9,638
Loans and advances impared and accumulated impairment	879	489	507
Accumulated impairment	€ (400)	€ (368)	€ (392)
Percentage of impairment loss recognised for loans and advances	8.50%	6.00%	5.30%
Accommodation and food service activities [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 7,693	€ 8,337	€ 8,703
Loans and advances impared and accumulated impairment	470	358	279
Accumulated impairment	€ (405)	€ (294)	€ (203)
Percentage of impairment loss recognised for loans and advances	6.10%	4.30%	3.20%
Information and communications [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 6,533	€ 5,764	€ 6,316
Loans and advances impared and accumulated impairment	117	73	95
Accumulated impairment	€ (56)	€ (60)	€ (65)
Percentage of impairment loss recognised for loans and advances	1.80%	1.30%	1.50%
Financial and insurance activities [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 6,216	€ 5,298	€ 6,864
Loans and advances impared and accumulated impairment	197	123	191
Accumulated impairment	€ (181)	€ (132)	€ (140)
Percentage of impairment loss recognised for loans and advances	3.20%	2.30%	2.80%
Real estate activities [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 9,438	€ 10,025	€ 19,435
Loans and advances impared and accumulated impairment	719	617	782
Accumulated impairment	€ (466)	€ (494)	€ (527)
Percentage of impairment loss recognised for loans and advances	7.60%	6.20%	4.00%
Professional scientific and technical activities [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 3,910	€ 2,886	€ 4,375
Loans and advances impared and accumulated impairment	185	177	167
Accumulated impairment	€ (152)	€ (124)	€ (140)
Percentage of impairment loss recognised for loans and advances	4.70%	6.10%	3.80%
Administrative and support service activities [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 3,046	€ 3,955	€ 3,415
Loans and advances impared and accumulated impairment	181	142	118
Accumulated impairment	€ (132)	€ (192)	€ (134)
Percentage of impairment loss recognised for loans and advances	5.90%	3.60%	3.40%
Public administration and defense compulsory social security [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 203	€ 129	€ 282
Loans and advances impared and accumulated impairment	9	5	5
Accumulated impairment	€ (11)	€ (4)	€ (6)
Percentage of impairment loss recognised for loans and advances	4.50%	3.50%	1.70%
Education [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 582	€ 665	€ 903
Loans and advances impared and accumulated impairment	43	54	41
Accumulated impairment	€ (34)	€ (43)	€ (38)
Percentage of impairment loss recognised for loans and advances	7.40%	8.10%	4.50%
Human health services and social work activities [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 1,888	€ 1,812	€ 4,696
Loans and advances impared and accumulated impairment	48	67	66
Accumulated impairment	€ (41)	€ (59)	€ (55)
Percentage of impairment loss recognised for loans and advances	2.50%	3.70%	1.40%
Arts entertainment and recreation [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 1,011	€ 1,131	€ 1,396
Loans and advances impared and accumulated impairment	209	46	47
Accumulated impairment	€ (95)	€ (65)	€ (39)
Percentage of impairment loss recognised for loans and advances	20.70%	4.10%	3.40%
Other services [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 3,250	€ 3,871	€ 7,671
Loans and advances impared and accumulated impairment	84	198	331
Accumulated impairment	€ (447)	€ (523)	€ (360)
Percentage of impairment loss recognised for loans and advances	2.60%	5.10%	4.30%
Households [Member]
Impaired secured loans risks [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 153,714	€ 151,410	€ 181,989
Loans and advances impared and accumulated impairment	7,281	7,106	7,381
Accumulated impairment	€ (5,253)	€ (5,895)	€ (5,847)
Percentage of impairment loss recognised for loans and advances	4.70%	4.70%	4.10%

Note 7 Changes in impaired fina

Note 7 Changes in impaired financial assets and guarantees given (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes in impaired assets and guarantees given [Line Items]
Impaired financial assets and guarantees given at the beginning		€ 15,478	€ 16,770	€ 17,134
Additions Of Impaired Assets		8,556	9,533	9,857
Decrease of impaired assets	[1]	(4,555)	(5,024)	(5,874)
Increase (decrease) in financial assets		4,001	4,509	3,983
Decrease through write-off, financial assets		(3,613)	(3,603)	(3,803)
Increase (decrease) through foreign exchange and other movements, financial assets		(399)	(968)	(544)
Discontinued operations in impaired financial assets and guarantees given		0	(1,230)	0
Impaired financial assets and guarantees given at the end		€ 15,467	€ 15,478	€ 16,770
[1]	(*) Reflects the total amount of impaired loans derecognized from the consolidated balance sheet throughout the year as a result of mortgage foreclosures and real estate assets received in lieu of payment as well as monetary recoveries

Note 7 Changes in impaired fi_2

Note 7 Changes in impaired financial assets written off from the balance sheet (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes in impaired financial assets written off from the balance sheet [Line Items]
Financial assets written off during reporting period and still subject to enforcement activity, contractual amount outstanding		€ 22,001	€ 26,245	€ 32,343
Companies held for sale	[1]	0	(4,646)	0
Increase impaired financial assets written off from the balance sheet		3,709	3,440	4,712
Decrease impaired financial assets written off from the balance sheet		(3,605)	(2,715)	(11,039)
Re-financing or restructuring		(1)	(7)	(2)
Gain on recovery of loans and advances previously written off		(423)	(339)	(919)
Decrease foreclosed assets		(17)	(479)	(617)
Decrease sales	[2]	(2,437)	(1,223)	(8,325)
Decrease debt forgiveness		(599)	(607)	(493)
Decrease time barred debt and other causes		(129)	(60)	(682)
Net exchange differences written off		(116)	(323)	230
Financial assets written off during reporting period and still subject to enforcement activity, contractual amount outstanding		€ 21,990	€ 22,001	€ 26,245
[1]	(*) The amount in 2020 includes the balance of the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
[2]	(**) Includes principal and interest.

Note 7 Changes in gross account

Note 7 Changes in gross accounting balances of loans and advances at amortized cost (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes in gross accounting balances and allowances of loans and advances at amortized cost [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 344,072	€ 412,711
Profit (loss) from discontinued operations	280	(1,729)	€ (758)
Gross carrying amount loans and advances at amortized cost	349,037	344,072	412,711
Changes in gross accounting balances of loans and advances at amortized cost [Member]
Changes in gross accounting balances and allowances of loans and advances at amortized cost [Line Items]
Gross carrying amount loans and advances at amortized cost	344,072	412,711	399,347
Transfers of financial assets	0	0	0
Transfers from stage 1 to stage 2	0	0	0
Transfers from stage 2 to stage 1	0	0	0
Transfers to stage 3	0	0	0
Transfers from stage 3	0	0	0
Net annual origination of financial assets	14,364	15,395	17,804
Becoming write offs	(3,237)	(2,949)	(3,908)
Increase (decrease) through changes in models or risk parameters, financial assets	0	0	0
Net foreign exchange loss	(8,172)	(24,970)	1,662
Increase (decrease) through other movements, financial assets	2,018	1,134	(13)
Other impairment losses	(8)	(204)	(2,180)
Profit (loss) from discontinued operations		(57,045)
Gross carrying amount loans and advances at amortized cost	349,037	344,072	412,711
Stage 1 [Member] | Changes in gross accounting balances of loans and advances at amortized cost [Member]
Changes in gross accounting balances and allowances of loans and advances at amortized cost [Line Items]
Gross carrying amount loans and advances at amortized cost	298,793	363,234	352,282
Transfers of financial assets	(10,785)	(11,935)	(9,021)
Transfers from stage 1 to stage 2	(14,482)	(15,843)	(13,546)
Transfers from stage 2 to stage 1	4,905	5,107	5,656
Transfers to stage 3	(1,772)	(1,701)	(1,571)
Transfers from stage 3	564	502	440
Net annual origination of financial assets	17,876	16,119	20,296
Becoming write offs	(74)	(3)	(152)
Increase (decrease) through changes in models or risk parameters, financial assets	0	0	0
Net foreign exchange loss	(6,054)	(21,472)	1,611
Increase (decrease) through other movements, financial assets	187	(204)	(1)
Other impairment losses	224	(283)	(1,782)
Profit (loss) from discontinued operations		(46,664)
Gross carrying amount loans and advances at amortized cost	300,167	298,793	363,234
Stage 2 [Member] | Changes in gross accounting balances of loans and advances at amortized cost [Member]
Changes in gross accounting balances and allowances of loans and advances at amortized cost [Line Items]
Gross carrying amount loans and advances at amortized cost	30,601	33,518	30,707
Transfers of financial assets	8,640	8,807	6,279
Transfers from stage 1 to stage 2	14,482	15,843	13,546
Transfers from stage 2 to stage 1	(4,905)	(5,107)	(5,656)
Transfers to stage 3	(1,945)	(2,659)	(2,698)
Transfers from stage 3	1,009	729	1,087
Net annual origination of financial assets	(4,729)	(827)	(2,739)
Becoming write offs	(68)	(2)	(349)
Increase (decrease) through changes in models or risk parameters, financial assets	0	0	0
Net foreign exchange loss	(1,902)	(2,342)	35
Increase (decrease) through other movements, financial assets	1,642	827	(27)
Other impairment losses	29	(190)	(388)
Profit (loss) from discontinued operations		(9,190)
Gross carrying amount loans and advances at amortized cost	34,213	30,601	33,518
Stage 3 [Member] | Changes in gross accounting balances of loans and advances at amortized cost [Member]
Changes in gross accounting balances and allowances of loans and advances at amortized cost [Line Items]
Gross carrying amount loans and advances at amortized cost	14,678	15,959	16,359
Transfers of financial assets	2,145	3,128	2,741
Transfers from stage 1 to stage 2	0	0	0
Transfers from stage 2 to stage 1	0	0	0
Transfers to stage 3	3,717	4,359	4,269
Transfers from stage 3	(1,573)	(1,231)	(1,527)
Net annual origination of financial assets	1,217	102	246
Becoming write offs	(3,095)	(2,944)	(3,407)
Increase (decrease) through changes in models or risk parameters, financial assets	0	0	0
Net foreign exchange loss	(216)	(1,157)	16
Increase (decrease) through other movements, financial assets	189	511	15
Other impairment losses	(261)	270	(11)
Profit (loss) from discontinued operations		(1,192)
Gross carrying amount loans and advances at amortized cost	€ 14,657	€ 14,678	€ 15,959

Note 7 Changes in allowances of

Note 7 Changes in allowances of loans and advances at amortized cost (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes in allowances of loans and advances at amortised cost [Line Items]
Gross carrying amount loans and advances at amortized cost	€ 344,072	€ 412,711
Profit (loss) from discontinued operations	280	(1,729)	€ (758)
Gross carrying amount loans and advances at amortized cost	349,037	344,072	412,711
Changes in allowances of loans and advances at amortized cost [Member]
Changes in allowances of loans and advances at amortised cost [Line Items]
Gross carrying amount loans and advances at amortized cost	(12,141)	(12,427)	(12,217)
Transfers of financial assets	(1,893)	(2,133)	(1,626)
Transfers from stage 1 to stage 2	(463)	(766)	(523)
Transfers from stage 2 to stage 1	247	202	235
Transfers to stage 3	(1,862)	(1,652)	(1,487)
Transfers from stage 3	185	83	149
Net annual origination of allowances	(933)	(2,996)	(2,370)
Becoming write offs	2,795	2,568	3,256
Increase (decrease) through changes in models or risk parameters, financial assets	0	0	0
Net foreign exchange loss	519	1,204	20
Increase (decrease) through other movements, financial assets	(189)	(283)	(254)
Other impairment losses	701	803	764
Profit (loss) from discontinued operations		1,123
Gross carrying amount loans and advances at amortized cost	(11,142)	(12,141)	(12,427)
Stage 1 [Member] | Changes in allowances of loans and advances at amortized cost [Member]
Changes in allowances of loans and advances at amortised cost [Line Items]
Gross carrying amount loans and advances at amortized cost	(2,037)	(2,149)	(2,082)
Transfers of financial assets	187	184	176
Transfers from stage 1 to stage 2	139	156	126
Transfers from stage 2 to stage 1	(60)	(50)	(38)
Transfers to stage 3	111	81	89
Transfers from stage 3	(3)	(3)	(1)
Net annual origination of allowances	(563)	(872)	(542)
Becoming write offs	45	0	130
Increase (decrease) through changes in models or risk parameters, financial assets	0	0	0
Net foreign exchange loss	70	227	(30)
Increase (decrease) through other movements, financial assets	12	12	(15)
Other impairment losses	297	160	215
Profit (loss) from discontinued operations		401
Gross carrying amount loans and advances at amortized cost	(1,990)	(2,037)	(2,149)
Stage 2 [Member] | Changes in allowances of loans and advances at amortized cost [Member]
Changes in allowances of loans and advances at amortised cost [Line Items]
Gross carrying amount loans and advances at amortized cost	(2,289)	(2,183)	(2,375)
Transfers of financial assets	441	(511)	(227)
Transfers from stage 1 to stage 2	(602)	(923)	(649)
Transfers from stage 2 to stage 1	307	253	273
Transfers to stage 3	802	218	234
Transfers from stage 3	(66)	(59)	(86)
Net annual origination of allowances	(57)	(795)	(116)
Becoming write offs	56	0	337
Increase (decrease) through changes in models or risk parameters, financial assets	0	0	0
Net foreign exchange loss	(270)	256	(18)
Increase (decrease) through other movements, financial assets	(79)	(118)	(149)
Other impairment losses	106	618	366
Profit (loss) from discontinued operations		444
Gross carrying amount loans and advances at amortized cost	(2,091)	(2,289)	(2,183)
Stage 3 [Member] | Changes in allowances of loans and advances at amortized cost [Member]
Changes in allowances of loans and advances at amortised cost [Line Items]
Gross carrying amount loans and advances at amortized cost	(7,815)	(8,094)	(7,761)
Transfers of financial assets	(2,521)	(1,806)	(1,574)
Transfers from stage 1 to stage 2	0	0	0
Transfers from stage 2 to stage 1	0	0	0
Transfers to stage 3	(2,775)	(1,950)	(1,810)
Transfers from stage 3	254	144	236
Net annual origination of allowances	(314)	(1,329)	(1,711)
Becoming write offs	2,694	2,567	2,789
Increase (decrease) through changes in models or risk parameters, financial assets	0	0	0
Net foreign exchange loss	719	721	69
Increase (decrease) through other movements, financial assets	(122)	(177)	(89)
Other impairment losses	298	25	183
Profit (loss) from discontinued operations		278
Gross carrying amount loans and advances at amortized cost	€ (7,061)	€ (7,815)	€ (8,094)

Note 7 Sensitivity to interest

Note 7 Sensitivity to interest rate analysis (Details)	12 Months Ended
	Dec. 31, 2021
Euro Member Countries, Euro | 100 basis point increase [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[3.5% , 5.5%]	[1]
Percentage impact on net economic value	[3.5% , 5.5%]	[2]
Percentage impact on net economic value credit spread	[-3.5% , -1.5%]	[2]
Euro Member Countries, Euro | 100 basis point decrease [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[-3.5% , -1.5%]	[1],[3]
Percentage impact on net economic value	[-3.5% , -1.5%]	[2],[3]
Mexico, Pesos | 100 basis point increase [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[0.5% , 1.5%]	[1]
Percentage impact on net economic value	[-1.5% , -0.5%]	[2]
Percentage impact on net economic value credit spread	[-0.5% , 0.5%]	[2]
Mexico, Pesos | 100 basis point decrease [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[-1.5% , -0.5%]	[1],[3]
Percentage impact on net economic value	[0.5% , 1.5%]	[2],[3]
United States of America, Dollars | 100 basis point increase [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[0.5% , 1.5%]	[1]
Percentage impact on net economic value	[0.5% , 1.5%]	[2]
Percentage impact on net economic value credit spread	[-0.5% , 0.5%]	[2]
United States of America, Dollars | 100 basis point decrease [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[-1.5% , -0.5%]	[1],[3]
Percentage impact on net economic value	[-1.5% , -0.5%]	[2],[3]
Turkey, New Lira | 100 basis point increase [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[-0.5% , 0.5%]	[1]
Percentage impact on net economic value	[-0.5% , 0.5%]	[2]
Percentage impact on net economic value credit spread	[-0.5% , 0.5%]	[2]
Turkey, New Lira | 100 basis point decrease [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[-0.5% , 0.5%]	[1],[3]
Percentage impact on net economic value	[-0.5% , 0.5%]	[2],[3]
Other [Member] | 100 basis point increase [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[-0.5% , 0.5%]	[1]
Percentage impact on net economic value	[-0.5% , 0.5%]	[2]
Percentage impact on net economic value credit spread	[-0.5% , 0.5%]	[2]
Other [Member] | 100 basis point decrease [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[-0.5% , 0.5%]	[1],[3]
Percentage impact on net economic value	[-0.5% , 0.5%]	[2],[3]
Bbva group [Member] | 100 basis point increase [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[7.5% , 10.0%]	[1]
Percentage impact on net economic value	[3.5% , 5.5%]	[2]
Percentage impact on net economic value credit spread	[-3.5% , -1.5%]	[2]
Bbva group [Member] | 100 basis point decrease [Member]
Market risk sensitivity analysis [Line Items]
Percentage impact on net interest income	[-5.5% , -3.5%]	[1],[3]
Percentage impact on net economic value	[-3.5% , -1.5%]	[2],[3]
[1]	(*) Percentage of "12 months" net interest income for the BBVA Group.
[2]	(**) Percentage of CET1 (Fully Loaded) for BBVA Group
[3]	(***) In EUR and USD (and GBP included in "Other"), negative interest rates scenarios are allowed up to plausible levels lower than current rates.

Note 7 Sensitivity to one perce

Note 7 Sensitivity to one percent of the average rate in the main currencies (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Mexico, Pesos
Sensitivity 1 foreign currency [Line Items]
Sensitivity to one percent main currencies	€ 14	€ 4.9	€ 12.7
Turkey, New Lira
Sensitivity 1 foreign currency [Line Items]
Sensitivity to one percent main currencies	4.7	4.5	3.1
Peru, Nuevos Soles
Sensitivity 1 foreign currency [Line Items]
Sensitivity to one percent main currencies	0.3	0.4	1.9
Chile, Pesos
Sensitivity 1 foreign currency [Line Items]
Sensitivity to one percent main currencies	0.6	0.3	0.5
Colombia, Pesos
Sensitivity 1 foreign currency [Line Items]
Sensitivity to one percent main currencies	1.1	1.4	2.6
Argentina, Pesos
Sensitivity 1 foreign currency [Line Items]
Sensitivity to one percent main currencies	€ 0.6	€ 0.9	€ 1.3

Note 7 VaR by Risk factor (Deta

Note 7 VaR by Risk factor (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
VaR average in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		€ 29	€ 27	€ 19
VaR max in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		36	39	25
VaR min in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		22	18	14
End of period VaR [Member]
VaR by risk factor [Line Items]
VaR by risk factor		31	28	20
Interest spread risk [Member] | VaR average in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		33	29	21
Interest spread risk [Member] | VaR max in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		32	39	28
Interest spread risk [Member] | VaR min in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		27	20	13
Interest spread risk [Member] | End of period VaR [Member]
VaR by risk factor [Line Items]
VaR by risk factor		34	32	24
Currency risk [member] | VaR average in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		10	12	6
Currency risk [member] | VaR max in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		13	20	6
Currency risk [member] | VaR min in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		9	3	5
Currency risk [member] | End of period VaR [Member]
VaR by risk factor [Line Items]
VaR by risk factor		9	12	5
Stock market risk [Member] | VaR average in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		2	4	4
Stock market risk [Member] | VaR max in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		4	10	3
Stock market risk [Member] | VaR min in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		1	1	5
Stock market risk [Member] | End of period VaR [Member]
VaR by risk factor [Line Items]
VaR by risk factor		5	2	5
Vega Correlation risk [Member] | VaR average in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		11	11	9
Vega Correlation risk [Member] | VaR max in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		1	20	9
Vega Correlation risk [Member] | VaR min in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor		10	6	9
Vega Correlation risk [Member] | End of period VaR [Member]
VaR by risk factor [Line Items]
VaR by risk factor		11	11	8
Diversification effect [Member] | VaR average in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor	[1]	(28)	(28)	(20)
Diversification effect [Member] | VaR max in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor	[1]	(14)	(14)	(21)
Diversification effect [Member] | VaR min in the year [Member]
VaR by risk factor [Line Items]
VaR by risk factor	[1]	(25)	(39)	(18)
Diversification effect [Member] | End of period VaR [Member]
VaR by risk factor [Line Items]
VaR by risk factor	[1]	€ (29)	€ (29)	€ (22)
[1]	(*) The diversification effect is the difference between the sum of the average individual risk factors and the total VaR figure that includes the implied correlation between all the variables and scenarios used in the measurement.

Note 7 Impact of the stress tes

Note 7 Impact of the stress test (Details) € in Millions	Dec. 31, 2021EUR (€)
Europe [Member]
Impact of the stress test [Line Items]
Expected shortfall	€ (76)
MEXICO
Impact of the stress test [Line Items]
Expected shortfall	(75)
PERU
Impact of the stress test [Line Items]
Expected shortfall	(11)
VENEZUELA
Impact of the stress test [Line Items]
Expected shortfall	0
ARGENTINA
Impact of the stress test [Line Items]
Expected shortfall	(5)
COLOMBIA
Impact of the stress test [Line Items]
Expected shortfall	(5)
TURKEY
Impact of the stress test [Line Items]
Expected shortfall	€ (8)

Note 7 Effect offsetting for de

Note 7 Effect offsetting for derivatives and securities operation (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets [member]
Effect of offsetting for derivatives and securities operation [Line Items]
Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements	€ 90,645	€ 79,983	€ 69,888
Gross financial assets set off against financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements	3,611	5,688	2,409
Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position	87,034	74,294	67,479
Financial instruments gross amount not offset in the consolidated balance sheets	77,534	66,604	58,372
Cash collateral received pledged gross amount not offset in the consolidated balance sheets	10,971	9,178	8,415
Net amount	(1,471)	(1,488)	692
Liabilities [member]
Effect of offsetting for derivatives and securities operation [Line Items]
Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements	92,074	91,291	82,404
Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements	3,584	5,722	2,414
Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position	88,490	85,569	79,990
Financial instruments gross amount not offset in the consolidated balance sheets	80,698	76,140	67,993
Cash collateral received pledged gross amount not offset in the consolidated balance sheets	10,798	11,054	11,033
Net amount	(3,006)	(1,624)	964
Derivatives [member] | Assets [member]
Effect of offsetting for derivatives and securities operation [Line Items]
Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements	36,349	47,862	36,349
Gross financial assets set off against financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements	3,611	5,688	2,388
Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position	32,737	42,173	33,961
Financial instruments gross amount not offset in the consolidated balance sheets	22,524	33,842	25,020
Cash collateral received pledged gross amount not offset in the consolidated balance sheets	8,758	9,018	8,210
Net amount	1,456	(686)	731
Derivatives [member] | Liabilities [member]
Effect of offsetting for derivatives and securities operation [Line Items]
Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements	37,916	49,720	38,693
Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements	3,584	5,722	2,394
Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position	34,331	43,998	36,299
Financial instruments gross amount not offset in the consolidated balance sheets	22,524	33,842	25,020
Cash collateral received pledged gross amount not offset in the consolidated balance sheets	10,119	9,435	10,613
Net amount	1,688	721	667
Reverse repurchase securities borrowing and similar agreements [Member] | Assets [member]
Effect of offsetting for derivatives and securities operation [Line Items]
Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements	54,296	32,121	33,539
Gross financial assets set off against financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements	0	0	21
Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position	54,296	32,121	33,518
Financial instruments gross amount not offset in the consolidated balance sheets	55,010	32,762	33,352
Cash collateral received pledged gross amount not offset in the consolidated balance sheets	2,213	161	204
Net amount	(2,927)	(802)	(39)
Repurchase securities lending and similar agreements [Member] | Liabilities [member]
Effect of offsetting for derivatives and securities operation [Line Items]
Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements	54,159	41,571	43,712
Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements	0	0	21
Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position	54,159	41,571	43,691
Financial instruments gross amount not offset in the consolidated balance sheets	58,174	42,298	42,974
Cash collateral received pledged gross amount not offset in the consolidated balance sheets	679	1,619	420
Net amount	€ (4,694)	€ (2,346)	€ 297

Note 7 LtSCD by LMU (Details)

Note 7 LtSCD by LMU (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
LtSCD by LMU [Line Items]
Average LtSCD by LMU	95.00%	95.00%	108.00%
BBVA SA [Member]
LtSCD by LMU [Line Items]
Average LtSCD by LMU	98.00%	97.00%	108.00%
BBVA Mexico [Member]
LtSCD by LMU [Line Items]
Average LtSCD by LMU	93.00%	98.00%	116.00%
Garanti BBVA group [Member]
LtSCD by LMU [Line Items]
Average LtSCD by LMU	81.00%	95.00%	99.00%
Other LMU [Member]
LtSCD by LMU [Line Items]
Average LtSCD by LMU	93.00%	86.00%	103.00%

Note 7 LCR main LMU (Details)

Note 7 LCR main LMU (Details)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
LCR main LMU [Line Items]
Average LCR main LMU	165.00%	149.00%	129.00%
BBVA SA [Member]
LCR main LMU [Line Items]
Average LCR main LMU	190.00%	173.00%	147.00%
BBVA Mexico [Member]
LCR main LMU [Line Items]
Average LCR main LMU	245.00%	196.00%	147.00%
Garanti BBVA group [Member]
LCR main LMU [Line Items]
Average LCR main LMU	211.00%	183.00%	206.00%

Note 7 Liquidity available by i

Note 7 Liquidity available by instrument (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
BBVA SA [Member] | Cash and withdrawable central bank reserves [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	€ 35,258	€ 39,330	€ 14,516
BBVA SA [Member] | Level 1 tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	37,272	48,858	41,961
BBVA SA [Member] | Level 2A tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	5,234	5,119	403
BBVA SA [Member] | Level 2B tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	9,492	6,080	5,196
BBVA SA [Member] | Other tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	27,870	20,174	22,213
BBVA SA [Member] | Non tradable assets eligible for central banks [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	0	0	0
BBVA SA [Member] | Cumulated counterbalancing capacity [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	115,127	119,560	84,288
BBVA Mexico [Member] | Cash and withdrawable central bank reserves [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	12,146	8,930	6,246
BBVA Mexico [Member] | Level 1 tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	13,881	9,205	7,295
BBVA Mexico [Member] | Level 2A tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	74	106	316
BBVA Mexico [Member] | Level 2B tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	28	11	219
BBVA Mexico [Member] | Other tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	343	421	1,269
BBVA Mexico [Member] | Non tradable assets eligible for central banks [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	0	0	0
BBVA Mexico [Member] | Cumulated counterbalancing capacity [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	26,472	18,672	15,344
Garanti BBVA group [Member] | Cash and withdrawable central bank reserves [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	8,179	6,153	6,450
Garanti BBVA group [Member] | Level 1 tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	5,549	7,019	7,953
Garanti BBVA group [Member] | Level 2A tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	0	0	0
Garanti BBVA group [Member] | Level 2B tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	0	0	0
Garanti BBVA group [Member] | Other tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	722	701	669
Garanti BBVA group [Member] | Non tradable assets eligible for central banks [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	0	0	0
Garanti BBVA group [Member] | Cumulated counterbalancing capacity [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	14,449	13,873	15,072
Other LMU [Member] | Cash and withdrawable central bank reserves [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	6,469	6,831	11,317	[1]
Other LMU [Member] | Level 1 tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	6,036	6,237	14,930	[1]
Other LMU [Member] | Level 2A tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	0	0	344	[1]
Other LMU [Member] | Level 2B tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	2	0	12	[1]
Other LMU [Member] | Other tradable assets [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	934	745	1,538	[1]
Other LMU [Member] | Non tradable assets eligible for central banks [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	0	0	2,935	[1]
Other LMU [Member] | Cumulated counterbalancing capacity [Member]
Disclosure of financial assets held for managing liquidity risk [Line Items]
Financial assets held for managing liquidity risk	€ 13,440	€ 13,814	€ 31,075	[1]
[1]	(*) In 2019 it includes the balance of the companies in the United States (see Notes 1.3, 3 and 21).

Note 7 NSFR main LMU (Details)

Note 7 NSFR main LMU (Details)	Dec. 31, 2021	Dec. 31, 2020	[1]	Dec. 31, 2019	[1]
NSFR main LMU [Line Items]
Average NSFR main LMU	135.00%	127.00%		120.00%
BBVA SA [Member]
NSFR main LMU [Line Items]
Average NSFR main LMU	126.00%	121.00%		113.00%
BBVA Mexico [Member]
NSFR main LMU [Line Items]
Average NSFR main LMU	149.00%	138.00%		130.00%
Garanti BBVA group [Member]
NSFR main LMU [Line Items]
Average NSFR main LMU	162.00%	154.00%		151.00%
[1]	(*) Ratio calculated based on the Basel requirements for 2019 and 2020.

Note 7 Residual maturities by c

Note 7 Residual maturities by contractual periods (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
On demand [Member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	€ 39,761	€ 42,518	[1]	€ 20,954	[2]
On demand [Member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
On demand [Member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,936	8,838	[3]	7,377	[4]
On demand [Member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	2	0	[1]	0	[2]
On demand [Member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
On demand [Member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	174	279	[1]	157	[2]
On demand [Member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	10	0	[1]	0	[2]
On demand [Member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	0	0	[3]	1	[4]
On demand [Member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	8,894	12,735	[3]	10,177	[4]
On demand [Member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	281,812	308,360	[3]	271,638	[4]
On demand [Member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	0	0	[3]	0	[4]
On demand [Member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(33)	0	[3]	0	[4]
Not later than one month [member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	24,598	32,741	[1]	20,654	[2]
Not later than one month [member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	3,781	3,616	[1]	3,591	[2]
Not later than one month [member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	4,257	7,859	[3]	7,608	[4]
Not later than one month [member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	901	2,202	[1]	1,336	[2]
Not later than one month [member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	33,856	20,033	[1]	21,612	[2]
Not later than one month [member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	18,531	16,939	[1]	22,015	[2]
Not later than one month [member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	1,779	3,896	[1]	1,622	[2]
Not later than one month [member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	3,065	4,750	[3]	1,393	[4]
Not later than one month [member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	2,728	4,324	[3]	3,859	[4]
Not later than one month [member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	28,806	39,978	[3]	43,577	[4]
Not later than one month [member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	52,437	41,239	[3]	45,135	[4]
Not later than one month [member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(395)	(722)	[3]	(66)	[4]
Later than one month and not later than three months [member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
Later than one month and not later than three months [member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	400	677	[1]	283	[2]
Later than one month and not later than three months [member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	415	254	[3]	493	[4]
Later than one month and not later than three months [member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	801	855	[1]	1,120	[2]
Later than one month and not later than three months [member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	11,611	4,757	[1]	3,858	[2]
Later than one month and not later than three months [member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	23,185	24,280	[1]	25,056	[2]
Later than one month and not later than three months [member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	3,606	6,680	[1]	3,873	[2]
Later than one month and not later than three months [member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,077	2,618	[3]	1,714	[4]
Later than one month and not later than three months [member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,700	2,694	[3]	867	[4]
Later than one month and not later than three months [member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	11,814	13,416	[3]	18,550	[4]
Later than one month and not later than three months [member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	6,858	5,301	[3]	3,202	[4]
Later than one month and not later than three months [member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(176)	15	[3]	(25)	[4]
Later than three months and not later than six months [member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
Later than three months and not later than six months [member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	790	921	[1]	488	[2]
Later than three months and not later than six months [member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	825	741	[3]	1,122	[4]
Later than three months and not later than six months [member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	584	797	[1]	796	[2]
Later than three months and not later than six months [member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	2,945	1,351	[1]	2,287	[2]
Later than three months and not later than six months [member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	22,141	23,012	[1]	24,994	[2]
Later than three months and not later than six months [member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	3,395	6,557	[1]	6,620	[2]
Later than three months and not later than six months [member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	3,498	3,963	[3]	4,208	[4]
Later than three months and not later than six months [member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	382	588	[3]	381	[4]
Later than three months and not later than six months [member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	4,867	6,808	[3]	10,013	[4]
Later than three months and not later than six months [member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	2,485	1,643	[3]	15,801	[4]
Later than three months and not later than six months [member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(326)	(961)	[3]	29	[4]
Later than six months and not later than nine months [Member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
Later than six months and not later than nine months [Member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	373	356	[1]	585	[2]
Later than six months and not later than nine months [Member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	183	152	[3]	172	[4]
Later than six months and not later than nine months [Member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	727	734	[1]	589	[2]
Later than six months and not later than nine months [Member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	1,063	364	[1]	561	[2]
Later than six months and not later than nine months [Member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	11,769	15,579	[1]	15,777	[2]
Later than six months and not later than nine months [Member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	2,333	5,084	[1]	2,017	[2]
Later than six months and not later than nine months [Member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	2,914	1,283	[3]	1,645	[4]
Later than six months and not later than nine months [Member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	289	353	[3]	367	[4]
Later than six months and not later than nine months [Member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,717	4,526	[3]	7,266	[4]
Later than six months and not later than nine months [Member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,513	1,192	[3]	1,456	[4]
Later than six months and not later than nine months [Member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(66)	(85)	[3]	(11)	[4]
Later than nine months and not later than one year [Member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
Later than nine months and not later than one year [Member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	299	461	[1]	503	[2]
Later than nine months and not later than one year [Member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	924	726	[3]	1,514	[4]
Later than nine months and not later than one year [Member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	432	543	[1]	991	[2]
Later than nine months and not later than one year [Member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	1,692	368	[1]	808	[2]
Later than nine months and not later than one year [Member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	13,782	17,032	[1]	16,404	[2]
Later than nine months and not later than one year [Member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	3,958	13,014	[1]	7,292	[2]
Later than nine months and not later than one year [Member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,885	1,543	[3]	4,386	[4]
Later than nine months and not later than one year [Member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	227	272	[3]	257	[4]
Later than nine months and not later than one year [Member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,520	4,366	[3]	6,605	[4]
Later than nine months and not later than one year [Member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	8,252	368	[3]	653	[4]
Later than nine months and not later than one year [Member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(641)	134	[3]	1,097	[4]
Later than one year and not later than two years [member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
Later than one year and not later than two years [member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	211	117	[1]	189	[2]
Later than one year and not later than two years [member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	496	825	[3]	386	[4]
Later than one year and not later than two years [member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	694	1,251	[1]	1,420	[2]
Later than one year and not later than two years [member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	2,188	3,320	[1]	4,121	[2]
Later than one year and not later than two years [member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	39,656	46,182	[1]	42,165	[2]
Later than one year and not later than two years [member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	18,854	9,858	[1]	21,334	[2]
Later than one year and not later than two years [member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	9,477	10,573	[3]	8,328	[4]
Later than one year and not later than two years [member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	578	957	[3]	982	[4]
Later than one year and not later than two years [member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,740	3,361	[3]	3,717	[4]
Later than one year and not later than two years [member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	29,954	11,304	[3]	3,393	[4]
Later than one year and not later than two years [member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	100	(400)	[3]	(830)	[4]
Later than two years and not later than three years [member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
Later than two years and not later than three years [member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	166	120	[1]	24	[2]
Later than two years and not later than three years [member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	146	189	[3]	614	[4]
Later than two years and not later than three years [member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	470	721	[1]	1,072	[2]
Later than two years and not later than three years [member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	2,239	1,849	[1]	1,838	[2]
Later than two years and not later than three years [member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	30,049	38,851	[1]	35,917	[2]
Later than two years and not later than three years [member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	13,135	15,494	[1]	6,115	[2]
Later than two years and not later than three years [member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	4,931	7,505	[3]	10,608	[4]
Later than two years and not later than three years [member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	231	337	[3]	503	[4]
Later than two years and not later than three years [member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	578	1,213	[3]	2,062	[4]
Later than two years and not later than three years [member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	5,527	28,510	[3]	7,206	[4]
Later than two years and not later than three years [member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(122)	(157)	[3]	(278)	[4]
Later than three years and not later than five years [member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
Later than three years and not later than five years [member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	8	2	[1]	120	[2]
Later than three years and not later than five years [member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	146	166	[3]	206	[4]
Later than three years and not later than five years [member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	261	515	[1]	672	[2]
Later than three years and not later than five years [member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	1,118	891	[1]	411	[2]
Later than three years and not later than five years [member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	44,508	51,709	[1]	54,772	[2]
Later than three years and not later than five years [member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	17,214	17,231	[1]	13,240	[2]
Later than three years and not later than five years [member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	12,332	12,793	[3]	10,803	[4]
Later than three years and not later than five years [member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	337	459	[3]	499	[4]
Later than three years and not later than five years [member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	863	869	[3]	854	[4]
Later than three years and not later than five years [member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	4,755	3,740	[3]	759	[4]
Later than three years and not later than five years [member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(155)	(264)	[3]	(333)	[4]
Later than five years [member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	0	0	[1]	0	[2]
Later than five years [member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	26	39	[1]	432	[2]
Later than five years [member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	579	371	[3]	510	[4]
Later than five years [member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	469	500	[1]	2,089	[2]
Later than five years [member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	739	1,089	[1]	803	[2]
Later than five years [member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	94,780	110,173	[1]	122,098	[2]
Later than five years [member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	47,331	50,045	[1]	46,022	[2]
Later than five years [member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	19,991	23,839	[3]	27,840	[4]
Later than five years [member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	722	870	[3]	952	[4]
Later than five years [member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	416	799	[3]	1,039	[4]
Later than five years [member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	1,490	1,516	[3]	1,308	[4]
Later than five years [member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	(66)	(159)	[3]	(420)	[4]
Total [Member] | Cash cash balances at central banks and other demand deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	64,359	75,258	[1]	41,608	[2]
Total [Member] | Deposits in credit entities [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	6,056	6,309	[1]	6,216	[2]
Total [Member] | Deposits in financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	9,907	20,120	[3]	20,004	[4]
Total [Member] | Deposits in other financial institutions [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	5,343	8,119	[1]	10,084	[2]
Total [Member] | Reverse repo securities borrowing and margin lending [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	57,451	34,021	[1]	36,299	[2]
Total [Member] | loans and advances [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	298,574	344,036	[1]	359,354	[2]
Total [Member] | Securities portfolio settlement [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial assets liquidity risk	111,614	127,859	[1]	108,136	[2]
Total [Member] | Wholesale funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	59,169	68,868	[3]	70,927	[4]
Total [Member] | Deposits in other financial institutions and international agencies [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	16,087	23,589	[3]	18,843	[4]
Total [Member] | Customer deposits [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	334,132	383,694	[3]	365,321	[4]
Total [Member] | Security pledge funding [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	113,269	94,812	[3]	78,914	[4]
Total [Member] | Derivatives net [Member]
Disclosure of maturity analysis for financial instruments held for managing liquidity risk [Line Items]
Financial liabilities liquidity risk	€ (1,880)	€ (2,599)	[3]	€ (838)	[4]
[1]	(*) It includes the balance of the companies in the United States (see Notes 1.3, 3 and 21).
[2]	(*) It includes the balance of the companies in the United States (see Notes 1.3, 3 and 21).
[3]	(*) It includes the balance of the companies in the United States (see Notes 1.3, 3 and 21).
[4]	(*) I t includes the balance of the companies in the United States (see Notes 1.3, 3 and 21).

Note 7 Encumbered and unencumbe

Note 7 Encumbered and unencumbered asstes (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Book value [Member] | Total assets encumbered and unencumbered [Member]
Encumbered and unencumbered assets [Line Items]
Encumbered assets	€ 114,336	€ 121,999	€ 101,792
Unencumbered assets	548,548	614,260	596,898
Book value [Member] | equity instruments [Member]
Encumbered and unencumbered assets [Line Items]
Encumbered assets	307	2,134	3,526
Unencumbered assets	22,280	14,556	12,113
Book value [Member] | Debt securities [Member]
Encumbered and unencumbered assets [Line Items]
Encumbered assets	31,557	29,379	29,630
Unencumbered assets	89,307	100,108	95,611
Book value [Member] | Loans and advances and other [Member]
Encumbered and unencumbered assets [Line Items]
Encumbered assets	82,472	90,486	68,636
Unencumbered assets	436,962	499,595	489,174
Market value [Member] | equity instruments [Member]
Encumbered and unencumbered assets [Line Items]
Encumbered assets	307	2,134	3,526
Unencumbered assets	22,280	14,556	12,113
Market value [Member] | Debt securities [Member]
Encumbered and unencumbered assets [Line Items]
Encumbered assets	29,527	26,112	29,567
Unencumbered assets	€ 89,307	€ 100,108	€ 95,611

Note 7 Collateral pledges recei

Note 7 Collateral pledges received (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Collateral received [Member]
Collateral pledges received [Line Items]
Fair value of encumbered collateral received or own debt securities issued	€ 40,905	€ 30,723	€ 38,496
Fair value of collateral received or own debt securities issued available for encumbrance	17,029	8,652	9,208
Fair value of collateral received or own debt securities issued nor available for encumbrance	1,719	1,071	48
equity instruments [Member]
Collateral pledges received [Line Items]
Fair value of encumbered collateral received or own debt securities issued	289	239	65
Fair value of collateral received or own debt securities issued available for encumbrance	265	204	70
Fair value of collateral received or own debt securities issued nor available for encumbrance	0	0	0
Debt securities [Member]
Collateral pledges received [Line Items]
Fair value of encumbered collateral received or own debt securities issued	40,616	30,484	38,431
Fair value of collateral received or own debt securities issued available for encumbrance	16,764	8,448	9,130
Fair value of collateral received or own debt securities issued nor available for encumbrance	1,719	1,071	38
Loans and advances and other assets [Member]
Collateral pledges received [Line Items]
Fair value of encumbered collateral received or own debt securities issued	0	0	0
Fair value of collateral received or own debt securities issued available for encumbrance	0	0	8
Fair value of collateral received or own debt securities issued nor available for encumbrance	0	0	10
Own debt securities issued other than own covered bonds [Member]
Collateral pledges received [Line Items]
Fair value of encumbered collateral received or own debt securities issued	0	3	0
Fair value of collateral received or own debt securities issued available for encumbrance	50	94	82
Fair value of collateral received or own debt securities issued nor available for encumbrance	€ 0	€ 0	€ 0

Note 7 Sources of encumbrance (

Note 7 Sources of encumbrance (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Book value of financial liabilities [Member]
Financial liabilities issued encumbered assets [Line Items]
Matching liabilities contingent liabilities or securities lent	€ 137,242	€ 131,352	€ 124,252
Assets Collateral Received And Own Debt Securities Issued Other Than Covered Bonds Encumbered	151,275	147,523	135,500
Derivatives [member]
Financial liabilities issued encumbered assets [Line Items]
Matching liabilities contingent liabilities or securities lent	15,368	16,611	19,066
Assets Collateral Received And Own Debt Securities Issued Other Than Covered Bonds Encumbered	15,191	16,348	20,004
deposits [Member]
Financial liabilities issued encumbered assets [Line Items]
Matching liabilities contingent liabilities or securities lent	109,311	98,668	87,906
Assets Collateral Received And Own Debt Securities Issued Other Than Covered Bonds Encumbered	120,957	111,726	94,240
Outstanding subordinated debt [Member]
Financial liabilities issued encumbered assets [Line Items]
Matching liabilities contingent liabilities or securities lent	12,563	16,073	17,280
Assets Collateral Received And Own Debt Securities Issued Other Than Covered Bonds Encumbered	15,127	19,449	21,256
Other [Member]
Financial liabilities issued encumbered assets [Line Items]
Matching liabilities contingent liabilities or securities lent	620	653	449
Assets Collateral Received And Own Debt Securities Issued Other Than Covered Bonds Encumbered	€ 3,966	€ 5,202	€ 4,788

Note 8 Carrying Value And Fair

Note 8 Carrying Value And Fair Value (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets-liabilities [Line Items]
Cash and cash equivalents	€ 67,799	€ 65,520	€ 44,303
Current financial assets at fair value through profit or loss, classified as held for trading	123,493	105,878	99,469
Financial assets at fair value through profit or loss, mandatorily measured at fair value	6,086	5,198	5,557
Financial assets at fair value through profit or loss	1,092	1,117	1,214
Financial assets at fair value through other comprehensive income	60,421	69,440	61,183
Financial assets at amortised cost	372,676	367,668	439,162
Derivative financial assets held for hedging	1,805	1,991	1,729
Current financial liabilities at fair value through profit or loss, classified as held for trading	91,135	84,109	86,414
Financial liabilities at fair value through profit or loss	9,683	10,050	10,010
Financial liabilities at amortised cost	487,893	490,606	516,641
Derivative financial liabilities held for hedging	2,626	2,318	2,233
At fair value [member]
Assets-liabilities [Line Items]
Cash and cash equivalents	67,799	65,520	44,303
Current financial assets at fair value through profit or loss, classified as held for trading	123,493	105,878	99,469
Financial assets at fair value through profit or loss, mandatorily measured at fair value	6,086	5,198	5,557
Financial assets at fair value through profit or loss	1,092	1,117	1,214
Financial assets at fair value through other comprehensive income	60,421	69,440	61,183
Financial assets at amortised cost	377,451	374,267	442,788
Derivative financial assets held for hedging	1,805	1,990	1,729
Current financial liabilities at fair value through profit or loss, classified as held for trading	91,135	84,109	86,413
Financial liabilities at fair value through profit or loss	9,683	10,050	10,010
Financial liabilities at amortised cost	488,733	491,006	515,910
Derivative financial liabilities held for hedging	€ 2,626	€ 2,318	€ 2,233

Note 8 Fair Value of Financial

Note 8 Fair Value of Financial Instruments by Levels Active Market (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial instruments at fair value by levels active market [Line Items]
Assets	€ 662,885	€ 733,797	€ 695,471
Liabilities	614,125	683,777	640,546
Level 1 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	32,371	32,555	31,135
Level 1 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	15,925	11,367	8,832
Level 1 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	11,877	12,790	18,076
Level 1 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	615	2,379	697
Level 1 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Derivatives [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	3,954	6,019	3,530
Level 1 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	4,378	3,826	4,305
Level 1 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	4,158	3,612	4,223
Level 1 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	4	0
Level 1 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	220	210	82
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	916	939	1,214
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	916	939	1,214
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	52,157	60,976	50,896
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	1,178	961	1,794
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	50,952	59,982	49,070
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	27	33	33
Level 1 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	63	120	44
Liabilities	53	53	30
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	26,215	27,587	26,266
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Trading derivatives [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	4,755	7,402	4,425
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Short positions [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	15,124	11,805	12,246
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | deposits [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	6,335	8,381	9,595
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	1	0	0
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Customer deposits [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	0	0	0
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Debt certificates [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	1	0	0
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Other financial liabilities [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	0	0	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	87,736	71,938	67,262
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	31	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	13,725	11,123	8,178
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	47,279	26,741	30,491
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Derivatives [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	26,732	34,043	28,593
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	522	381	92
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	394	57	1
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	128	324	91
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	176	178	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	176	178	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	7,545	7,866	9,203
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	36	34	146
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	7,509	7,832	9,057
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 2 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	1,733	1,862	1,685
Liabilities	2,573	2,250	2,192
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	64,305	56,127	59,438
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Trading derivatives [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	26,560	34,046	29,466
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Short positions [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	11	504	1
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | deposits [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	37,733	21,577	29,971
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	8,243	8,558	8,629
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Customer deposits [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	809	902	944
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Debt certificates [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	1,956	3,038	3,274
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Other financial liabilities [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	5,479	4,617	4,410
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	3,386	1,386	1,072
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	37	60	59
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	189	57	55
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	2,913	1,148	849
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Derivatives [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	247	121	109
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	1,186	992	1,160
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	751	465	103
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	28	19
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	435	499	1,038
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member]
Financial instruments at fair value by levels active market [Line Items]
Assets	719	598	1,084
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | equity instruments [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	106	105	480
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	613	493	604
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | loans and advances [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member]
Financial instruments at fair value by levels active market [Line Items]
Assets	9	8	0
Liabilities	0	15	11
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	615	395	710
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Trading derivatives [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	389	232	175
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Short positions [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	0	3	2
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | deposits [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	226	159	533
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	1,439	1,492	1,382
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Customer deposits [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Debt certificates [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	1,439	1,492	1,382
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member] | Other financial liabilities [Member]
Financial instruments at fair value by levels active market [Line Items]
Liabilities	€ 0	€ 0	€ 0

Note 8 Financial Assets at Fair

Note 8 Financial Assets at Fair Value By Levels (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial assets at fair value by levels [Line Items]
Assets	€ 662,885	€ 733,797	€ 695,471
Financial assets held for trading [Member]
Financial assets at fair value by levels [Line Items]
Observable inputs	- Exchange rates- Market quoted future prices- Market interest rates- Underlying assets prices: shares, funds, commodities- Market observable volatilities - Issuer credit spread levels- Quoted dividends- Market listed correlations
Financial assets held for trading [Member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Comparable pricing (Observable price in a similar market)Net asset value
Observable inputs	- Brokers quotes- Market operations- NAVs published
Unobservable inputs	-NAV provided by the administrator of the fund
Financial assets held for trading [Member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Present-value method(Discounted future cash flows)Observed prices in non-active markets
Observable inputs	- Issuer´s credit risk- Current market interest rates- Non active markets prices
Unobservable inputs	- Prepayment rates- Issuer´s credit risk- Recovery rates
Financial assets held for trading [Member] | loans and advances [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Present-value method(Discounted future cash flows)
Observable inputs	- Issuer´s credit risk- Current market interest rates- Funding interest rates observed in the market or in consensus services- Exchange rates
Unobservable inputs	- Prepayment rates- Issuer´s credit risk- Recovery rates- Funding interest rates not observed in the market or in consensus services
Financial assets held for trading [Member] | Interest rate [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flowsCaps/Floors: Black 76, Hull-White y SABRBond options: Black 76Swaptions: Black, Hull-White y LGMOther Interest rate Options: Black 76, Hull-White y LGMConstant Maturity Swaps: SABR
Unobservable inputs	- Beta- Implicit correlations between tenors- interest rates volatility
Financial assets held for trading [Member] | Equity [member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Future and Equity Forward: Discounted future cash flowsEquity Options: Local Volatility, Momentum adjustment and Heston
Unobservable inputs	- Volatility of volatility- Implicit assets correlations- Long term implicit correlations- Implicit dividends and long term repos
Financial assets held for trading [Member] | Foreign exchange and gold [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Future and Equity Forward: Discounted future cash flowsForeign exchange Options: Local volatility, momentum adjustment
Unobservable inputs	- Volatility of volatility- Implicit assets correlations- Long term implicit correlations
Financial assets held for trading [Member] | Credit [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Credit Derivatives: Default model and Gaussian copula
Unobservable inputs	- Correlation default- Credit spread- Recovery rates- Interest rate yield- Default volatility
Financial assets held for trading [Member] | Commodities [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Commodities: Momentum adjustment and discounted cash flows
Non trading financial assets mandatorily at fair value through profit or loss [Member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Comparable pricing (Observable price in a similar market)Net asset value
Observable inputs	- Brokers quotes- Market operations- NAVs published
Unobservable inputs	- NAV provided by the administrator of the fund
Non trading financial assets mandatorily at fair value through profit or loss [Member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Present-value method(Discounted future cash flows)
Observable inputs	- Issuer credit risk- Current market interest rates
Unobservable inputs	- Prepayment rates- Issuer credit risk- Recovery rates
Non trading financial assets mandatorily at fair value through profit or loss [Member] | loans and advances [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Specific liquidation criteria regarding losses of the EPA proceedingsPD and LGD of the internal models, valuations and specific criteria of the EPA proceedings Discounted future cash flows
Unobservable inputs	- Prepayment rates- Business plan of the underlying asset, WACC, macro scenario- Property valuation
Financial assets designated at fair value through profit or loss [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Present-value method(Discounted future cash flows)
Observable inputs	- Issuer credit risk- Current market interest rates
Financial assets at fair value through other comprehensive income, category [member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Comparable pricing (Observable price in a similar market)Net asset value
Observable inputs	- Brokers quotes- Market operations- NAVs published
Unobservable inputs	- NAV provided by the administrator of the fund
Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Present-value method(Discounted future cash flows)Observed prices in non-active markets
Observable inputs	- Issuer´s credit risk- Current market interest rates- Non active market prices
Unobservable inputs	- Prepayment rates- Issuer credit risk- Recovery rates
Hedging derivatives [Member]
Financial assets at fair value by levels [Line Items]
Observable inputs	- Exchange rates- Market quoted future prices- Market interest rates- Underlying assets prices: shares, funds, commodities- Market observable volatilities - Issuer credit spread levels- Quoted dividends- Market listed correlations
Hedging derivatives [Member] | Interest rate [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flowsCaps/Floors: Black, Hull-White y SABRBond options: Black 76Swaptions: Black 76, Hull-White y LGMOther Interest rate Options: Black 76, Hull-White y LGMConstant maturity Swaps: SABR
Unobservable inputs	- Beta- Implicit correlations between tenors- interest rates volatility
Hedging derivatives [Member] | Equity [member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Future and Equity Forward: Discounted future cash flowsEquity Options: Local volatility, Black 76, Momentum adjustment and Heston
Unobservable inputs	- Volatility of volatility- Implicit assets correlations- Long term implicit correlations- Implicit dividends and long term repos
Hedging derivatives [Member] | Foreign exchange and gold [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Future and Equity Forward: Discounted future cash flowsForeign exchange Options: Local volatility, momentum adjustment
Unobservable inputs	- Volatility of volatility- Implicit assets correlations- Long term implicit correlations
Hedging derivatives [Member] | Credit [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Credit Derivatives: Default model and Gaussian copula
Unobservable inputs	- Correlation default- Credit spread- Recovery rates- Interest rate yield- Default volatility
Hedging derivatives [Member] | Commodities [Member]
Financial assets at fair value by levels [Line Items]
Valuation techniques	Commodities: Momentum adjustment and Discounted cash flows
Unobservable inputs
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member]
Financial assets at fair value by levels [Line Items]
Assets	€ 87,736	71,938	69,092
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Assets	0	31	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Assets	13,725	11,123	8,178
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | loans and advances [Member]
Financial assets at fair value by levels [Line Items]
Assets	47,279	26,741	30,491
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Derivatives [member]
Financial assets at fair value by levels [Line Items]
Assets	26,732	34,043	28,593
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Interest rate [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Equity [member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Foreign exchange and gold [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Credit [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Commodities [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Financial assets at fair value by levels [Line Items]
Assets	522	381	92
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Assets	394	57	1
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Assets	128	324	91
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | loans and advances [Member]
Financial assets at fair value by levels [Line Items]
Assets	0	0	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets designated at fair value through profit or loss [Member]
Financial assets at fair value by levels [Line Items]
Assets	176	178	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets designated at fair value through profit or loss [Member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Assets	176	178	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member]
Financial assets at fair value by levels [Line Items]
Assets	7,545	7,866	9,203
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Assets	36	34	146
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Assets	7,509	7,832	9,057
Level 2 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member]
Financial assets at fair value by levels [Line Items]
Assets	1,733	1,862	1,685
Level 2 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Interest rate [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Equity [member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Foreign exchange and gold [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Credit [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 2 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Commodities [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member]
Financial assets at fair value by levels [Line Items]
Assets	3,386	1,386	1,508
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Assets	37	60	59
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Assets	189	57	55
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | loans and advances [Member]
Financial assets at fair value by levels [Line Items]
Assets	2,913	1,148	849
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Derivatives [member]
Financial assets at fair value by levels [Line Items]
Assets	247	121	109
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Interest rate [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Equity [member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Foreign exchange and gold [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Credit [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member] | Commodities [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Financial assets at fair value by levels [Line Items]
Assets	1,186	992	1,160
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Assets	751	465	103
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Assets	0	28	19
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member] | loans and advances [Member]
Financial assets at fair value by levels [Line Items]
Assets	435	499	1,038
Level 3 Of Fair Value Hierarchy [Member] | Financial assets designated at fair value through profit or loss [Member]
Financial assets at fair value by levels [Line Items]
Assets	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Financial assets designated at fair value through profit or loss [Member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Assets	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member]
Financial assets at fair value by levels [Line Items]
Assets	719	598	1,084
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | equity instruments [Member]
Financial assets at fair value by levels [Line Items]
Assets	106	105	480
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member] | Debt securities [Member]
Financial assets at fair value by levels [Line Items]
Assets	613	493	604
Level 3 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member]
Financial assets at fair value by levels [Line Items]
Assets	9	8	0
Level 3 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Interest rate [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Equity [member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Foreign exchange and gold [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Credit [Member]
Financial assets at fair value by levels [Line Items]
Assets
Level 3 Of Fair Value Hierarchy [Member] | Hedging derivatives [Member] | Commodities [Member]
Financial assets at fair value by levels [Line Items]
Assets

Note 8 Financial Liabilities at

Note 8 Financial Liabilities at Fair Value By Levels (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial liabilities at fair value by levels [Line Items]
Liabilities	€ 614,125	€ 683,777	€ 640,546
Financial liabilities held for trading [Member]
Financial liabilities at fair value by levels [Line Items]
Observable inputs	- Exchange rates- Market quoted future prices- Market interest rates- Underlying assets prices: shares, funds, commodities- Market observable volatilities - Issuer credit spread levels- Quoted dividends- Market listed correlations
Financial liabilities held for trading [Member] | deposits [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Present-value method(Discounted future cash flows)
Observable inputs	- Interest rate yield- Funding interest rates observed in the market or in consensus services- Exchange rates
Unobservable inputs	- Funding interest rates not observed in the market or in consensus services
Financial liabilities held for trading [Member] | Interest rate [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Interest rate products (Interest rate Swaps, call money Swaps y FRA): Discounted cash flowsCaps/Floors: Black 76, Hull-White y SABRBond options: Black 76Swaptions: Black 76, Hull-White y LGMOther Interest rate Options: Black 76, Hull-White, SABR y LGMConstant Maturity Swaps: SABR
Unobservable inputs	- Beta- Correlation between tenors- Interest rates volatility
Financial liabilities held for trading [Member] | Equity [member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Future and Equity forward: Discounted future cash flowsEquity Options: Local volatility, momentum adjustment and Heston
Unobservable inputs	- Volatility of volatility- Assets correlation
Financial liabilities held for trading [Member] | Foreign exchange and gold [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Future and Equity Forward: Discounted future cash flowsForeign exchange Options: Black 76, Local volatility, momentum adjustment
Unobservable inputs	- Volatility of volatility- Assets correlation
Financial liabilities held for trading [Member] | Credit [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Credit Derivatives: Default model and Gaussian copula
Unobservable inputs	- Correlation default- Credit spread- Recovery rates- Interest rate yield- Default volatility
Financial liabilities held for trading [Member] | Commodities [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Commodities: Momentum adjustment and discounted cash flows
Observable inputs
Unobservable inputs
Financial liabilities held for trading [Member] | Short positions [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Present-value method(Discounted future cash flows)
Observable inputs
Unobservable inputs	- Prepayment rates- Issuer´s credit risk- Current market interest rates
Financial liabilities at fair value through profit or loss, category [member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Present-value method(Discounted future cash flows)
Observable inputs	- Prepayment rates- Issuer´s credit risk- Current market interest rates
Unobservable inputs	- Prepayment rates- Issuer´s credit risk- Current market interest rates
Derivatives hedge accounting [Member]
Financial liabilities at fair value by levels [Line Items]
Observable inputs	- Exchange rates- Market quoted future prices- Market interest rates- Underlying assets prices: shares, funds, commodities- Market observable volatilities - Issuer credit spread levels- Quoted dividends- Market listed correlations
Derivatives hedge accounting [Member] | Interest rate [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Interest rate products (Interest rate Swaps, Call money Swaps y FRA): Discounted cash flowsCaps/Floors: Black 76, Hull-White y SABRBond options: Black 76Swaptions: Black, Hull-White y LGMOther Interest rate Options: Black 76, Hull-White, SABR y LGMConstant Maturity Swaps: SABR
Unobservable inputs	- Beta- Implicit correlations between tenors- interest rates volatility
Derivatives hedge accounting [Member] | Equity [member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Future and Equity Forward: Discounted future cash flowsEquity Options: Local volatility, momentum adjustment and Heston
Unobservable inputs	- Volatility of volatility- Implicit assets correlations- Long term implicit correlations- Implicit dividends and long term repos
Derivatives hedge accounting [Member] | Foreign exchange and gold [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Future and Equity Forward: Discounted future cash flowsForeign exchange Options: Black 76, Local Volatility, momentum adjustment
Unobservable inputs	- Volatility of volatility- Implicit assets correlations- Long term implicit correlations
Derivatives hedge accounting [Member] | Credit [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Credit Derivatives: Default model and Gaussian copula
Unobservable inputs	- Correlation default- Credit spread- Recovery rates- Interest rate yield- Default volatility
Derivatives hedge accounting [Member] | Commodities [Member]
Financial liabilities at fair value by levels [Line Items]
Valuation techniques	Commodities: Momentum adjustment and discounted cash flows
Unobservable inputs
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	€ 64,305	56,127	61,588
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | deposits [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	37,733	21,577	29,971
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Derivatives [member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	26,560	34,046	29,466
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Interest rate [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Equity [member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Foreign exchange and gold [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Credit [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Commodities [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Short positions [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	11	504	1
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	8,243	8,558	8,629
Level 2 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	2,573	2,250	2,192
Level 2 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Interest rate [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Equity [member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Foreign exchange and gold [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Credit [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 2 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Commodities [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	615	395	827
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | deposits [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	226	159	533
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Derivatives [member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	389	232	175
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Interest rate [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Equity [member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Foreign exchange and gold [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Credit [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Commodities [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member] | Short positions [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	0	3	2
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss, category [member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	1,439	1,492	1,382
Level 3 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities	0	15	11
Level 3 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Interest rate [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Equity [member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Foreign exchange and gold [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Credit [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities
Level 3 Of Fair Value Hierarchy [Member] | Derivatives hedge accounting [Member] | Commodities [Member]
Financial liabilities at fair value by levels [Line Items]
Liabilities

Note 8 Unobservable inputs (Det

Note 8 Unobservable inputs (Details) - vegas	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Bottom of range [member] | loans and advances [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Repo funding curve bp			(0.06%)
Bottom of range [member] | Debt securities [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Credit spread	0.0272%	0.0432%
Recovery rate	0.00%	0.00%
Debt securities unobservable inputs	0.10%	0.10%
Bottom of range [member] | Debt securities [Member] | Comparable pricing [Member]
Significant unobservable inputs [Line Items]
Credit spread			0.18%
Recovery rate			0.00%
Comparable prices inputs			0.01%
Bottom of range [member] | Security finance [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Repo funding curve	(2.71%)	(1.18%)
Bottom of range [member] | Credit derivatives [Member] | Gaussian copula [Member]
Significant unobservable inputs [Line Items]
Correlation default	34.56%	30.40%
Bottom of range [member] | Equity derivatives [Member] | Option models on equities baskets of equity funds [Member]
Significant unobservable inputs [Line Items]
Correlations	(88.00%)	(77.00%)
Volatility	5.57	6.52
Bottom of range [member] | FX derivatives [Member] | Option models on FX underlyings [Member]
Significant unobservable inputs [Line Items]
Volatility	3.96	4.11
Bottom of range [member] | IR derivatives [Member] | Option models on IR underlyings [Member]
Significant unobservable inputs [Line Items]
Beta (significant unobservable inputs)	(0.25%)	(0.25%)	(0.25%)
Correlation rate credit	(100.00%)	(100.00%)	(100.00%)
Credit default volatility	0	0
Bottom of range [member] | Credit option [Member] | Gaussian copula [Member]
Significant unobservable inputs [Line Items]
Correlation default			19.37%
Bottom of range [member] | Equity OTC option [Member] | Heston valuation technique [Member]
Significant unobservable inputs [Line Items]
Forward volatility skew			35.12
Bottom of range [member] | Equity OTC option [Member] | Local volatility valuation technique [Member]
Significant unobservable inputs [Line Items]
Volatility			2.49
Bottom of range [member] | FX OTC options [Member] | Local volatility valuation technique [Member]
Significant unobservable inputs [Line Items]
Volatility			3.70
Bottom of range [member] | Interest rate options [Member] | Libor market model [Member]
Significant unobservable inputs [Line Items]
Credit default volatility			0
Arithmetic Average [Member] | loans and advances [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Repo funding curve bp			0.16%
Arithmetic Average [Member] | Debt securities [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Credit spread	1.2541%	0.4701%
Recovery rate	37.34%	37.06%
Debt securities unobservable inputs	96.63%	99.92%
Arithmetic Average [Member] | Debt securities [Member] | Comparable pricing [Member]
Significant unobservable inputs [Line Items]
Credit spread			0.83%
Recovery rate			28.38%
Comparable prices inputs			98.31%
Arithmetic Average [Member] | Security finance [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Repo funding curve	1.16%	(0.25%)
Arithmetic Average [Member] | Credit derivatives [Member] | Gaussian copula [Member]
Significant unobservable inputs [Line Items]
Correlation default	43.47%	44.87%
Arithmetic Average [Member] | Credit derivatives [Member] | Black 76 [Member]
Significant unobservable inputs [Line Items]
Price volatility	0	0
Arithmetic Average [Member] | Equity derivatives [Member] | Option models on equities baskets of equity funds [Member]
Significant unobservable inputs [Line Items]
Correlations	60.00%	51.00%
Volatility	26.30	29.90
Arithmetic Average [Member] | FX derivatives [Member] | Option models on FX underlyings [Member]
Significant unobservable inputs [Line Items]
Volatility	9.71	10
Arithmetic Average [Member] | IR derivatives [Member] | Option models on IR underlyings [Member]
Significant unobservable inputs [Line Items]
Beta (significant unobservable inputs)	(2.00%)	(2.00%)	(2.00%)
Credit default volatility	0	0
Arithmetic Average [Member] | Credit option [Member] | Gaussian copula [Member]
Significant unobservable inputs [Line Items]
Correlation default			44.33%
Arithmetic Average [Member] | Corporate bond option [Member] | Black 76 [Member]
Significant unobservable inputs [Line Items]
Price volatility			0
Arithmetic Average [Member] | Equity OTC option [Member] | Heston valuation technique [Member]
Significant unobservable inputs [Line Items]
Forward volatility skew			35.12
Arithmetic Average [Member] | Equity OTC option [Member] | Local volatility valuation technique [Member]
Significant unobservable inputs [Line Items]
Volatility			23.21
Arithmetic Average [Member] | FX OTC options [Member] | Local volatility valuation technique [Member]
Significant unobservable inputs [Line Items]
Volatility			6.30
Arithmetic Average [Member] | Interest rate options [Member] | Libor market model [Member]
Significant unobservable inputs [Line Items]
Credit default volatility			0
Top of range [member] | loans and advances [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Repo funding curve bp			1.00%
Top of range [member] | Debt securities [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Credit spread	23.7439%	5.6422%
Recovery rate	40.00%	40.00%
Debt securities unobservable inputs	144.11%	143.87%
Top of range [member] | Debt securities [Member] | Comparable pricing [Member]
Significant unobservable inputs [Line Items]
Credit spread			5.04%
Recovery rate			40.00%
Comparable prices inputs			135.94%
Top of range [member] | Security finance [Member] | Present value method [Member]
Significant unobservable inputs [Line Items]
Repo funding curve	4.99%	0.74%
Top of range [member] | Credit derivatives [Member] | Gaussian copula [Member]
Significant unobservable inputs [Line Items]
Correlation default	52.78%	60.95%
Top of range [member] | Equity derivatives [Member] | Option models on equities baskets of equity funds [Member]
Significant unobservable inputs [Line Items]
Correlations	99.00%	98.00%
Volatility	62	141.77
Top of range [member] | FX derivatives [Member] | Option models on FX underlyings [Member]
Significant unobservable inputs [Line Items]
Volatility	16.34	16.14
Top of range [member] | IR derivatives [Member] | Option models on IR underlyings [Member]
Significant unobservable inputs [Line Items]
Beta (significant unobservable inputs)	(18.00%)	(18.00%)	(18.00%)
Correlation rate credit	100.00%	100.00%	100.00%
Credit default volatility	0	0
Top of range [member] | Credit option [Member] | Gaussian copula [Member]
Significant unobservable inputs [Line Items]
Correlation default			61.08%
Top of range [member] | Equity OTC option [Member] | Heston valuation technique [Member]
Significant unobservable inputs [Line Items]
Forward volatility skew			35.12
Top of range [member] | Equity OTC option [Member] | Local volatility valuation technique [Member]
Significant unobservable inputs [Line Items]
Volatility			60.90
Top of range [member] | FX OTC options [Member] | Local volatility valuation technique [Member]
Significant unobservable inputs [Line Items]
Volatility			10.05
Top of range [member] | Interest rate options [Member] | Libor market model [Member]
Significant unobservable inputs [Line Items]
Credit default volatility			0

Note 8 Financial instruments le

Note 8 Financial instruments level 3 Changes in the year (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets [member]
Financial instruments level 3 Changes in the year [Line Items]
Financial instruments level 3 total		€ 2,984	€ 3,316	€ 3,527
Gains (losses) recognised in profit or loss on exchange differences, fair value measurement, assets	[1]	338	611	112
Changes in fair value not recognized in profit and loss		(47)	(89)	2
Acquisitions disposals and liquidations	[2]	2,531	(725)	(432)
Net transfers to level 3		(436)	549	76
Exchange differences and others		(69)	(160)	31
Discontinued operations	[3]	0	(518)	0
Financial instruments level 3 total		5,301	2,984	3,316
Liabilities [member]
Financial instruments level 3 Changes in the year [Line Items]
Financial instruments level 3 total		1,902	2,103	4,115
Gains (losses) recognised in profit or loss on exchange differences, fair value measurement, liabilities	[1]	143	296	71
Changes in fair value not recognized in profit and loss		(10)	(4)	0
Acquisitions disposals and liquidations	[2]	156	(652)	479
Net transfers to level 3		(80)	199	(2,751)
Exchange differences and others		(56)	(35)	189
Discontinued operations	[3]	0	(5)	0
Financial instruments level 3 total		€ 2,054	€ 1,902	€ 2,103
[1]	(*)Profit or loss that is attributable to gains or losses relating to those financial assets and liabilities held as of December 31, 2021, 2020 and 2019. Valuation adjustments are recorded under the heading “Gains (losses) on financial assets and liabilities (net)”.
[2]	(**) Of which, in 2021, the assets roll forward is comprised of €2,742 million of acquisitions and €211 million of disposals. The liabilities roll forward is comprised of €213 million of acquisitions and €57 million of sales.
[3]	(***)The balance of 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21)

Note 8 Transfer between levels

Note 8 Transfer between levels (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, liabilities held at end of reporting period	€ 562	€ 8	€ 1
Transfers into Level 3 of fair value hierarchy, liabilities	0	3	0
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss that meet definition of held for trading, category [member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, liabilities held at end of reporting period	0	0	0
Transfers into Level 3 of fair value hierarchy, liabilities	0	0	0
Level 1 Of Fair Value Hierarchy [Member] | Derivatives [member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, liabilities held at end of reporting period	0	0	0
Transfers into Level 3 of fair value hierarchy, liabilities	0	0	0
Level 1 Of Fair Value Hierarchy [Member] | Total transferred financial liabilities [Member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, liabilities held at end of reporting period	562	8	1
Transfers into Level 3 of fair value hierarchy, liabilities	0	3	0
Level 1 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period	924	1,460	74
Transfers into Level 3 of fair value hierarchy, assets	2	11	0
Level 1 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period	8	9	0
Transfers into Level 3 of fair value hierarchy, assets	0	11	0
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period	0	143	0
Transfers into Level 3 of fair value hierarchy, assets	0	0	0
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period	596	484	6
Transfers into Level 3 of fair value hierarchy, assets	17	0	6
Level 1 Of Fair Value Hierarchy [Member] | Derivatives [member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period	0	0	0
Transfers into Level 3 of fair value hierarchy, assets	0	0	0
Level 1 Of Fair Value Hierarchy [Member] | Total transferred financial assets [Member]
Level transfers [Line Items]
Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period	1,528	2,096	79
Transfers into Level 3 of fair value hierarchy, assets	19	22	6
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, liabilities held at end of reporting period	24	0	0
Transfers out of level 2 into level 3	57	180	0
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss that meet definition of held for trading, category [member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, liabilities held at end of reporting period	0	0	0
Transfers out of level 2 into level 3	38	56	27
Level 2 Of Fair Value Hierarchy [Member] | Derivatives [member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, liabilities held at end of reporting period	0	0	0
Transfers out of level 2 into level 3	0	0	27
Level 2 Of Fair Value Hierarchy [Member] | Total transferred financial liabilities [Member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, liabilities held at end of reporting period	24	0	0
Transfers out of level 2 into level 3	95	236	54
Level 2 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, assets held at end of reporting period	35	203	1,119
Transfers out of level 2 into level 3	184	548	502
Level 2 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, assets held at end of reporting period	0	4	23
Transfers out of level 2 into level 3	0	0	2
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, assets held at end of reporting period	0	0	0
Transfers out of level 2 into level 3	0	0	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, assets held at end of reporting period	506	135	4
Transfers out of level 2 into level 3	50	96	209
Level 2 Of Fair Value Hierarchy [Member] | Derivatives [member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, assets held at end of reporting period	0	0	0
Transfers out of level 2 into level 3	0	8	26
Level 2 Of Fair Value Hierarchy [Member] | Total transferred financial assets [Member]
Level transfers [Line Items]
Transfers out of Level 2 into Level 1 of fair value hierarchy, assets held at end of reporting period	542	342	1,145
Transfers out of level 2 into level 3	234	652	739
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities held for trading [Member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, liabilities	15	0	0
Transfers out of level 3 into level 2 of fair value hierarchy liabilities	95	13	0
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities at fair value through profit or loss that meet definition of held for trading, category [member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, liabilities	0	0	0
Transfers out of level 3 into level 2 of fair value hierarchy liabilities	65	27	2,679
Level 3 Of Fair Value Hierarchy [Member] | Derivatives [member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, liabilities	0	0	0
Transfers out of level 3 into level 2 of fair value hierarchy liabilities	0	0	125
Level 3 Of Fair Value Hierarchy [Member] | Total transferred financial liabilities [Member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, liabilities	15	0	0
Transfers out of level 3 into level 2 of fair value hierarchy liabilities	160	40	2,804
Level 3 Of Fair Value Hierarchy [Member] | Financial assets held for trading [Member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, assets	10	4	1
Transfers out of level 3 into level 2 of fair value hierarchy assets	637	98	160
Level 3 Of Fair Value Hierarchy [Member] | Non trading financial assets mandatorily at fair value through profit or loss [Member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, assets	14	0	0
Transfers out of level 3 into level 2 of fair value hierarchy assets	23	17	44
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through profit or loss, category [member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, assets	0	0	1
Transfers out of level 3 into level 2 of fair value hierarchy assets	0	0	0
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at fair value through other comprehensive income, category [member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, assets	0	0	0
Transfers out of level 3 into level 2 of fair value hierarchy assets	6	6	454
Level 3 Of Fair Value Hierarchy [Member] | Derivatives [member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, assets	0	0	0
Transfers out of level 3 into level 2 of fair value hierarchy assets	0	0	10
Level 3 Of Fair Value Hierarchy [Member] | Total transferred financial assets [Member]
Level transfers [Line Items]
Transfers out of Level 3 of fair value hierarchy, assets	24	4	2
Transfers out of level 3 into level 2 of fair value hierarchy assets	€ 665	€ 121	€ 667

Note 8 Financial assets level 3

Note 8 Financial assets level 3 Sensitivity analysis (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets at fair value through other comprehensive income	€ (60,421)	€ (69,440)	€ (61,183)
Potential impact on consolidated income statement [Member] | Most favorable hypothesis [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	33
Non trading financial assets mandatorily at fair value through profit or loss	35
Financial assets designated at fair value through profit or loss	0
Financial assets at fair value through other comprehensive income	0
Financial assets level 3 total	68
Financial liabilities held for trading	3
Financial liabilities level 3 total	3
Potential impact on consolidated income statement [Member] | Most favorable hypothesis [Member] | Loans and receivables, category [member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	4
Non trading financial assets mandatorily at fair value through profit or loss	16
Potential impact on consolidated income statement [Member] | Most favorable hypothesis [Member] | Debt securities [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	24
Non trading financial assets mandatorily at fair value through profit or loss	10
Potential impact on consolidated income statement [Member] | Most favorable hypothesis [Member] | equity instruments [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	1
Non trading financial assets mandatorily at fair value through profit or loss	9
Potential impact on consolidated income statement [Member] | Most favorable hypothesis [Member] | Derivatives [member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	5
Potential impact on consolidated income statement [Member] | Least favorable hypothesis [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	(57)
Non trading financial assets mandatorily at fair value through profit or loss	(36)
Financial assets designated at fair value through profit or loss	0
Financial assets at fair value through other comprehensive income	0
Financial assets level 3 total	(93)
Financial liabilities held for trading	(3)
Financial liabilities level 3 total	(3)
Potential impact on consolidated income statement [Member] | Least favorable hypothesis [Member] | Loans and receivables, category [member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	(4)
Non trading financial assets mandatorily at fair value through profit or loss	(5)
Potential impact on consolidated income statement [Member] | Least favorable hypothesis [Member] | Debt securities [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	(24)
Non trading financial assets mandatorily at fair value through profit or loss	(10)
Potential impact on consolidated income statement [Member] | Least favorable hypothesis [Member] | equity instruments [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	(25)
Non trading financial assets mandatorily at fair value through profit or loss	(21)
Potential impact on consolidated income statement [Member] | Least favorable hypothesis [Member] | Derivatives [member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	(5)
Potential impact on other comprehensive income [Member] | Most favorable hypothesis [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Non trading financial assets mandatorily at fair value through profit or loss	0
Financial assets designated at fair value through profit or loss	0
Financial assets at fair value through other comprehensive income	(41)
Financial assets level 3 total	41
Financial liabilities held for trading	0
Financial liabilities level 3 total	0
Potential impact on other comprehensive income [Member] | Most favorable hypothesis [Member] | Loans and receivables, category [member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Non trading financial assets mandatorily at fair value through profit or loss	0
Potential impact on other comprehensive income [Member] | Most favorable hypothesis [Member] | Debt securities [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Non trading financial assets mandatorily at fair value through profit or loss	0
Potential impact on other comprehensive income [Member] | Most favorable hypothesis [Member] | equity instruments [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Non trading financial assets mandatorily at fair value through profit or loss	0
Potential impact on other comprehensive income [Member] | Most favorable hypothesis [Member] | Derivatives [member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Potential impact on other comprehensive income [Member] | Least favorable hypothesis [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Non trading financial assets mandatorily at fair value through profit or loss	0
Financial assets designated at fair value through profit or loss	0
Financial assets at fair value through other comprehensive income	(43)
Financial assets level 3 total	(43)
Financial liabilities held for trading	0
Financial liabilities level 3 total	0
Potential impact on other comprehensive income [Member] | Least favorable hypothesis [Member] | Loans and receivables, category [member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Non trading financial assets mandatorily at fair value through profit or loss	0
Potential impact on other comprehensive income [Member] | Least favorable hypothesis [Member] | Debt securities [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Non trading financial assets mandatorily at fair value through profit or loss	0
Potential impact on other comprehensive income [Member] | Least favorable hypothesis [Member] | equity instruments [Member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	0
Non trading financial assets mandatorily at fair value through profit or loss	0
Potential impact on other comprehensive income [Member] | Least favorable hypothesis [Member] | Derivatives [member]
Financial assets Level 3 sensitivity analysis [Line Items]
Financial assets held for trading	€ 0

Note 8 Fair value of financia_2

Note 8 Fair value of financial instruments at amortized cost by levels (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Level 1 Of Fair Value Hierarchy [Member] | Cash cash balances at central banks and other demand deposits [Member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Assets	€ 67,581	€ 65,355	€ 44,111
Level 1 Of Fair Value Hierarchy [Member] | Financial assets at amortised cost, category [member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Assets	33,213	35,196	29,391
Level 1 Of Fair Value Hierarchy [Member] | Financial liabilities at amortised cost, category [member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Liabilities	91,870	90,839	67,229
Level 2 Of Fair Value Hierarchy [Member] | Cash cash balances at central banks and other demand deposits [Member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Assets	0	0	0
Level 2 Of Fair Value Hierarchy [Member] | Financial assets at amortised cost, category [member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Assets	13,033	15,066	217,279
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities at amortised cost, category [member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Liabilities	243,847	255,278	289,599
Level 3 Of Fair Value Hierarchy [Member] | Cash cash balances at central banks and other demand deposits [Member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Assets	218	165	192
Level 3 Of Fair Value Hierarchy [Member] | Financial assets at amortised cost, category [member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Assets	331,205	324,005	196,119
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities at amortised cost, category [member]
Fair value of financial instruments at amortized cost by levels [Line Items]
Liabilities	€ 153,016	€ 144,889	€ 159,082

Note 8 Fair value of financia_3

Note 8 Fair value of financial instruments at amortized cost by valuation technique (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Level 2 Of Fair Value Hierarchy [Member] | Loans and advances to central banks [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Assets	€ 0	€ 0	€ 0
Level 2 Of Fair Value Hierarchy [Member] | Loans and advances to credit institutions [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Assets	863	1,883	9,049
Level 2 Of Fair Value Hierarchy [Member] | Customers [member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Assets	3,416	3,904	194,897
Level 2 Of Fair Value Hierarchy [Member] | Debt securities [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Assets	8,755	9,279	13,333
Level 2 Of Fair Value Hierarchy [Member] | Financial liabilities at amortised cost, category [member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	243,847
Level 2 Of Fair Value Hierarchy [Member] | Deposits from central banks [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	0	0	129
Level 2 Of Fair Value Hierarchy [Member] | Credit institutions deposits [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	14,853	22,914	21,575
Level 2 Of Fair Value Hierarchy [Member] | Deposits from customers [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	209,345	210,097	245,720
Level 2 Of Fair Value Hierarchy [Member] | Debt certificates [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	10,014	14,413	14,194
Level 2 Of Fair Value Hierarchy [Member] | Other financial liabilities [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	9,636	7,854	7,981
Level 3 Of Fair Value Hierarchy [Member] | Loans and advances to central banks [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Assets	0	0	2
Level 3 Of Fair Value Hierarchy [Member] | Loans and advances to credit institutions [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Assets	12,329	12,641	4,628
Level 3 Of Fair Value Hierarchy [Member] | Customers [member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Assets	318,059	310,924	190,144
Level 3 Of Fair Value Hierarchy [Member] | Debt securities [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Assets	817	440	1,345
Level 3 Of Fair Value Hierarchy [Member] | Financial liabilities at amortised cost, category [member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	153,016
Level 3 Of Fair Value Hierarchy [Member] | Deposits from central banks [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	300	207	0
Level 3 Of Fair Value Hierarchy [Member] | Credit institutions deposits [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	4,916	4,633	6,831
Level 3 Of Fair Value Hierarchy [Member] | Deposits from customers [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	137,803	129,525	135,514
Level 3 Of Fair Value Hierarchy [Member] | Debt certificates [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	4,391	4,848	11,133
Level 3 Of Fair Value Hierarchy [Member] | Other financial liabilities [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Liabilities	€ 5,606	€ 5,676	€ 5,604
Assets [member] | Financial assets at amortised cost, category [member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Financial instruments valuation methods	Present-value method(Discounted future cash flows)
Assets [member] | Loans and advances to central banks [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Main inputs used	- Credit spread- Prepayment rates- Interest rate yield
Assets [member] | Loans and advances to credit institutions [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Main inputs used	- Credit spread- Prepayment rates- Interest rate yield
Assets [member] | Customers [member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Main inputs used	- Credit spread- Prepayment rates- Interest rate yield
Assets [member] | Debt securities [Member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Main inputs used	- Credit spread- Interest rate yield
Liabilities [member] | Financial liabilities at amortised cost, category [member]
Fair value of financial instruments at amortized cost by valuation technique [Line Items]
Financial instruments valuation methods	Present-value method(Discounted future cash flows)
Main inputs used	- Issuer´s credit risk- Prepayment rates- Interest rate yield

Note 9 Cash Cash Balances At Ce

Note 9 Cash Cash Balances At Central Banks And Other Demand Deposits (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash Cash balances at central banks and other demand deposits [Line Items]
Cash on hand		€ 6,877	€ 6,447	€ 7,060
Cash and bank balances at central banks	[1]	55,004	53,079	31,756
Other financial assets		5,918	5,994	5,488
Cash and cash equivalents		€ 67,799	€ 65,520	€ 44,303
[1]	(*) The variation in 2020 with respect to 2019 is mainly due to an increase in balances of BBVA, S.A. at the Bank of Spain.

Note 10 Financial assets and li

Note 10 Financial assets and liabilities held for trading (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial assets held for trading [Line Items]
Derivative financial assets held for trading	[1]	€ 30,933	€ 40,183	€ 32,232
Equity instruments held		15,963	11,458	8,892
Debt instruments held for trading		25,790	23,970	26,309
Loans and advances held for trading	[2]	50,807	30,268	32,037
Current financial assets at fair value through profit or loss, classified as held for trading		123,493	105,878	99,469
Disclosure of financial liabilities held for trading [Line Items]
Derivative financial liabilities held for trading	[1]	31,705	41,680	34,066
Short Positions Financial Liabilities Held For Trading		15,135	12,312	12,249
Deposits financial liabilities held for trading	[2]	44,294	30,117	40,099
Current financial liabilities at fair value through profit or loss, classified as held for trading		91,135	84,109	86,414
credit institutions [Member]
Disclosure of financial assets held for trading [Line Items]
Equity instruments held		816	633	1,037
Other sectors [Member]
Disclosure of financial assets held for trading [Line Items]
Equity instruments held		15,147	10,824	7,855
Issued by central banks [Member]
Disclosure of financial assets held for trading [Line Items]
Debt instruments held for trading		936	1,011	840
Issued by public administrations [Member]
Disclosure of financial assets held for trading [Line Items]
Debt instruments held for trading		21,946	19,942	23,918
Issued by financial institutions [Member]
Disclosure of financial assets held for trading [Line Items]
Debt instruments held for trading		1,130	1,479	679
Other debt instruments [Member]
Disclosure of financial assets held for trading [Line Items]
Debt instruments held for trading		1,778	1,538	872
Loans and advances to central banks [Member]
Disclosure of financial assets held for trading [Line Items]
Loans and advances held for trading		3,467	53	535
Loans and advances to central banks [Member] | Reverse repurchase agreements [Member]
Disclosure of financial assets held for trading [Line Items]
Loans and advances held for trading		3,467	53	535
Loans and advances to credit institutions [Member]
Disclosure of financial assets held for trading [Line Items]
Loans and advances held for trading		31,916	18,317	19,020
Loans and advances to credit institutions [Member] | Reverse repurchase agreements [Member]
Disclosure of financial assets held for trading [Line Items]
Loans and advances held for trading		31,901	18,310	18,953
Loans and advances to customers [Member]
Disclosure of financial assets held for trading [Line Items]
Loans and advances held for trading		15,424	11,898	12,482
Loans and advances to customers [Member] | Reverse repurchase agreements [Member]
Disclosure of financial assets held for trading [Line Items]
Loans and advances held for trading		14,916	11,295	12,187
Deposits from central banks [Member]
Disclosure of financial liabilities held for trading [Line Items]
Deposits financial liabilities held for trading		11,248	6,277	7,635
Deposits from central banks [Member] | Repurchase agreement [Member]
Disclosure of financial liabilities held for trading [Line Items]
Deposits financial liabilities held for trading		11,248	6,277	7,635
Deposits from credit institutions [Member]
Disclosure of financial liabilities held for trading [Line Items]
Deposits financial liabilities held for trading		16,176	14,377	22,704
Deposits from credit institutions [Member] | Repurchase agreement [Member]
Disclosure of financial liabilities held for trading [Line Items]
Deposits financial liabilities held for trading		15,632	14,035	22,313
Customer deposits [Member]
Disclosure of financial liabilities held for trading [Line Items]
Deposits financial liabilities held for trading		16,870	9,463	9,761
Customer deposits [Member] | Repurchase agreement [Member]
Disclosure of financial liabilities held for trading [Line Items]
Deposits financial liabilities held for trading		€ 16,824	€ 9,418	€ 9,689
[1]	(*) The variation in 2021 is mainly due to the evolution of interest rate derivatives at BBVA, S.A.
[2]	(**) The variation in 2021 corresponds mainly to the evolution of "Reverse repurchase agreement" of BBVA S.A., partially offset by the evolution of "Repurchase agreement". The information for 2020 and 2019 has been subject to certain non-significant modifications in order to improve comparability with the figures for financial year 2021 (see Note 1.3).

Note 10 Derivatives by type of

Note 10 Derivatives by type of risk and by product or by type of market (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading	[1]	€ 30,933	€ 40,183	€ 32,232
Derivative financial liabilities held for trading	[1]	31,705	41,680	34,066
Interest rate risk [member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		15,782	26,451	21,004
Derivative financial liabilities held for trading		15,615	26,028	20,378
Notional amount		3,902,760	3,252,066	3,024,794
Interest rate risk [member] | OTC Options [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		15,774	26,447	21,004
Derivative financial liabilities held for trading		15,610	26,020	20,377
Notional amount		3,884,561	3,233,718	2,997,443
Interest rate risk [member] | Organized market options [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		8	3	0
Derivative financial liabilities held for trading		5	8	1
Notional amount		18,199	18,348	27,351
Equity instruments risk [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		2,802	2,626	2,263
Derivative financial liabilities held for trading		4,123	4,143	3,499
Notional amount		72,656	72,176	84,140
Equity instruments risk [Member] | OTC Options [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		775	584	353
Derivative financial liabilities held for trading		1,930	1,836	1,435
Notional amount		48,695	42,351	40,507
Equity instruments risk [Member] | Organized market options [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		2,028	2,042	1,910
Derivative financial liabilities held for trading		2,192	2,307	2,065
Notional amount		23,962	29,825	43,633
Foreign exchange and gold risk [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		12,104	10,952	8,608
Derivative financial liabilities held for trading		11,471	11,216	9,788
Notional amount		533,395	461,898	472,194
Foreign exchange and gold risk [Member] | OTC Options [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		12,090	10,942	8,571
Derivative financial liabilities held for trading		11,445	11,216	9,782
Notional amount		526,590	457,180	463,662
Foreign exchange and gold risk [Member] | Organized market options [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		14	10	37
Derivative financial liabilities held for trading		26	0	6
Notional amount		6,805	4,719	8,532
Credit risk [member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		236	153	353
Derivative financial liabilities held for trading		490	292	397
Notional amount		19,937	23,411	29,077
Credit risk [member] | Credit default swap [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		236	146	338
Derivative financial liabilities held for trading		254	156	283
Notional amount		18,121	21,529	26,702
Credit risk [member] | Credit spread option [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		0	0	0
Derivative financial liabilities held for trading		0	0	2
Notional amount		0	0	150
Credit risk [member] | Total return swap [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		0	7	14
Derivative financial liabilities held for trading		236	136	113
Notional amount		1,815	1,882	2,225
Credit risk [member] | Other [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		0	0	0
Derivative financial liabilities held for trading		0	0	0
Notional amount		0	0	0
Commodities risk [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		8	1	4
Derivative financial liabilities held for trading		7	1	4
Notional amount		149	26	64
Derivatives [member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		30,933	40,183	32,232
Derivative financial liabilities held for trading		31,705	41,680	34,066
Notional amount		4,528,897	3,809,577	3,610,269
Derivatives [member] | Of which OTC credit institutions [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		21,069	24,432	19,962
Derivative financial liabilities held for trading		22,488	27,244	22,973
Notional amount		1,073,921	958,017	1,000,243
Derivatives [member] | Of which OTC other financial corporations [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		3,300	8,211	6,028
Derivative financial liabilities held for trading		3,075	8,493	6,089
Notional amount		3,257,382	2,663,978	2,370,988
Derivatives [member] | Of which OTC other [Member]
Derivatives by type of risk by product or by type of market [Line Items]
Derivative financial assets held for trading		4,514	5,484	4,294
Derivative financial liabilities held for trading		3,919	3,627	2,932
Notional amount		€ 148,629	€ 134,690	€ 159,521
[1]	(*) The variation in 2021 is mainly due to the evolution of interest rate derivatives at BBVA, S.A.

Note 11 Non trading financial a

Note 11 Non trading financial assets at fair value through profit or loss mandatorily measured at fair value (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Non trading financial assets at fair value through profit or loss mandatorily measured at fair value [Line Items]
Equity instruments mandatorily measured at fair value through profit or loss	[1]	€ 5,303	€ 4,133	€ 4,327
Debt securities mandatorily measured at fair value through profit or loss		128	356	110
Loans and advances to customers mandatorily measured at fair value through profit or loss		655	709	1,120
Total non trading financial assets at fair value through profit or loss mandatorily measured at fair value		€ 6,086	€ 5,198	€ 5,557
[1]	(*) The variation in 2021 is mainly due to increased exposure to investment funds in Mexican insurance companies, as a result of increases in the volume of products and the evolution of investment activity in fintech companies.

Note 12 Financial Instruments D

Note 12 Financial Instruments Designated At Fair Value Through Profit Or Loss (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial assets and liabilities designated at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	€ 1,092	€ 1,117	€ 1,214
Customer deposits at fair value through profit or loss	809	902	944
Debt securities designated at fair value through profit or loss	3,396	4,531	4,656
Other Financial Liabilities At Fair Value Through Profit Or Loss	5,479	4,617	4,410
Financial liabilities at fair value through profit or loss	€ 9,683	€ 10,050	€ 10,010

Note 13 Financial assets at fai

Note 13 Financial assets at fair value through other comprehensive income (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Financial assets at fair value through other comprehensive income [Line Items]
Equity instruments Financial Assets At Fair Value Through Other Comprehensive Income		€ 1,320	€ 1,100	€ 2,420
Debt securities Financial Assets At Fair Value Through Other Comprehensive Income	[1]	59,074	68,308	58,731
Loans and Advances Financial Assets At Fair Value Through Other Comprehensive Income		27	33	33
Financial assets at fair value through other comprehensive income		60,421	69,440	61,183
of which loss allowances of debt securities		€ (74)	€ (97)	€ (110)
[1]	(*) The variation, in the last 3 years, corresponds mainly to changes in the portfolio of financial assets issued by governments in BBVA, S.A.

Note 13 Financial assets at f_2

Note 13 Financial assets at fair value through other comprehensive income equity instruments (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Subtotal listed equity instruments [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	€ 2,333	€ 2,282	€ 2,317
Unrealized gains of equity instruments	35	38	87
Unrealized losses of equity instruments	(1,154)	(1,326)	(518)
Fair value of equity instruments	1,214	995	1,886
Subtotal listed equity instruments [Member] | National company shares [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	2,235	2,182	2,181
Unrealized gains of equity instruments	0	0	0
Unrealized losses of equity instruments	(1,146)	(1,309)	(507)
Fair value of equity instruments	1,088	873	1,674
Subtotal listed equity instruments [Member] | Foreign company shares [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	98	100	136
Unrealized gains of equity instruments	35	38	87
Unrealized losses of equity instruments	(8)	(17)	(11)
Fair value of equity instruments	125	121	213
Subtotal listed equity instruments [Member] | UNITED STATES
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	29	27	30
Unrealized gains of equity instruments	0	0	47
Unrealized losses of equity instruments	0	0	0
Fair value of equity instruments	29	27	78
Subtotal listed equity instruments [Member] | MEXICO
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	1	1	1
Unrealized gains of equity instruments	28	33	33
Unrealized losses of equity instruments	0	0	0
Fair value of equity instruments	29	34	34
Subtotal listed equity instruments [Member] | TURKEY
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	0	2	3
Unrealized gains of equity instruments	4	4	2
Unrealized losses of equity instruments	0	0	0
Fair value of equity instruments	5	6	5
Subtotal listed equity instruments [Member] | Other Countries [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	69	70	102
Unrealized gains of equity instruments	2	1	5
Unrealized losses of equity instruments	(8)	(17)	(11)
Fair value of equity instruments	63	54	96
Subtotal unlisted equity instruments [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	60	62	454
Unrealized gains of equity instruments	48	44	80
Unrealized losses of equity instruments	(1)	(1)	(1)
Fair value of equity instruments	107	105	533
Subtotal unlisted equity instruments [Member] | National company shares [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	5	5	5
Unrealized gains of equity instruments	7	1	1
Unrealized losses of equity instruments	0	0	0
Fair value of equity instruments	11	5	5
Subtotal unlisted equity instruments [Member] | Foreign company shares [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	55	58	450
Unrealized gains of equity instruments	41	43	79
Unrealized losses of equity instruments	(1)	(1)	(1)
Fair value of equity instruments	95	100	528
Subtotal unlisted equity instruments [Member] | UNITED STATES
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	0	0	387
Unrealized gains of equity instruments	0	0	32
Unrealized losses of equity instruments	0	0	0
Fair value of equity instruments	0	0	419
Subtotal unlisted equity instruments [Member] | MEXICO
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	0	0	0
Unrealized gains of equity instruments	0	0	0
Unrealized losses of equity instruments	0	0	0
Fair value of equity instruments	1	1	0
Subtotal unlisted equity instruments [Member] | TURKEY
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	3	5	5
Unrealized gains of equity instruments	0	0	4
Unrealized losses of equity instruments	0	0	0
Fair value of equity instruments	3	5	9
Subtotal unlisted equity instruments [Member] | Other Countries [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	51	52	57
Unrealized gains of equity instruments	41	43	43
Unrealized losses of equity instruments	(1)	(1)	(1)
Fair value of equity instruments	91	94	99
Total [Member]
Financial Assets At Fair Value Through Other Comprehensive Income Equity Instruments [Line Items]
Cost of equity instruments	2,393	2,344	2,772
Unrealized gains of equity instruments	83	82	167
Unrealized losses of equity instruments	(1,155)	(1,327)	(519)
Fair value of equity instruments	€ 1,320	€ 1,100	€ 2,420

Note 13 Financial assets at f_3

Note 13 Financial assets at fair value through other comprehensive income debt securities (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	€ 58,176	€ 66,356	€ 57,395
Unrealized gains of debt securities	1,511	2,089	1,617
Unrealized losses of debt securities	(614)	(137)	(280)
Fair value of debt securities	59,074	68,308	58,731
Issued in euros [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	17,625	30,811	22,607
Unrealized gains of debt securities	731	917	935
Unrealized losses of debt securities	(2)	(17)	(21)
Fair value of debt securities	18,355	31,712	23,521
Issued in euros [Member] | Government agency debt securities [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	15,889	28,582	20,740
Unrealized gains of debt securities	656	801	830
Unrealized losses of debt securities	0	(16)	(20)
Fair value of debt securities	16,544	29,367	21,550
Issued in euros [Member] | Central banks [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	0	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	0	0	0
Issued in euros [Member] | credit institutions [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	1,125	1,363	959
Unrealized gains of debt securities	51	76	65
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	1,176	1,439	1,024
Issued in euros [Member] | Other issuers [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	612	867	907
Unrealized gains of debt securities	24	40	40
Unrealized losses of debt securities	(1)	(1)	0
Fair value of debt securities	635	906	947
MEXICO
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	11,097	9,107	7,790
Unrealized gains of debt securities	32	291	22
Unrealized losses of debt securities	(359)	(3)	(26)
Fair value of debt securities	10,769	9,395	7,786
MEXICO | Government agency debt securities [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	10,467	8,309	6,869
Unrealized gains of debt securities	21	271	18
Unrealized losses of debt securities	(348)	(1)	(19)
Fair value of debt securities	10,141	8,579	6,868
MEXICO | Central banks [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	0	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	0	0	0
MEXICO | credit institutions [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	120	113	77
Unrealized gains of debt securities	3	5	2
Unrealized losses of debt securities	(6)	0	0
Fair value of debt securities	118	118	78
MEXICO | Other issuers [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	509	685	843
Unrealized gains of debt securities	7	15	2
Unrealized losses of debt securities	(6)	(2)	(6)
Fair value of debt securities	510	698	840
ITALY
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	7,407	3,897	2,325
Unrealized gains of debt securities	213	367	244
Unrealized losses of debt securities	(12)	0	(2)
Fair value of debt securities	7,608	4,263	2,567
ITALY | Government agency debt securities [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	7,274	3,789	2,193
Unrealized gains of debt securities	212	366	244
Unrealized losses of debt securities	(12)	0	(2)
Fair value of debt securities	7,474	4,154	2,435
ITALY | Central banks [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	0	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	0	0	0
ITALY | credit institutions [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	47	48	52
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	47	48	52
ITALY | Other issuers [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	86	60	80
Unrealized gains of debt securities	1	1	1
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	87	61	81
JAPAN
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	4,961	4,551	2,735
Unrealized gains of debt securities	7	1	3
Unrealized losses of debt securities	0	(3)	0
Fair value of debt securities	4,968	4,549	2,738
JAPAN | Government agency debt securities [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	4,906	4,492	2,691
Unrealized gains of debt securities	7	0	3
Unrealized losses of debt securities	0	(3)	0
Fair value of debt securities	4,913	4,489	2,694
JAPAN | Central banks [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	0	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	0	0	0
JAPAN | credit institutions [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	18	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	18	0	0
JAPAN | Other issuers [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	36	59	43
Unrealized gains of debt securities	1	1	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	37	60	44
UNITED STATES
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	3,900	4,642	11,376
Unrealized gains of debt securities	44	52	68
Unrealized losses of debt securities	(18)	(3)	(51)
Fair value of debt securities	3,926	4,691	11,393
UNITED STATES | Government agency debt securities [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	1,754	2,307	8,570
Unrealized gains of debt securities	7	9	42
Unrealized losses of debt securities	(17)	(1)	(12)
Fair value of debt securities	1,744	2,315	8,599
UNITED STATES | Central banks [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	0	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	0	0	0
UNITED STATES | credit institutions [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	114	186	122
Unrealized gains of debt securities	2	3	2
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	116	188	124
UNITED STATES | Other issuers [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	2,032	2,149	2,684
Unrealized gains of debt securities	35	40	24
Unrealized losses of debt securities	(1)	(2)	(39)
Fair value of debt securities	2,065	2,187	2,670
TURKEY
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	2,888	3,456	3,752
Unrealized gains of debt securities	199	90	38
Unrealized losses of debt securities	(168)	(73)	(76)
Fair value of debt securities	2,920	3,473	3,713
TURKEY | Government agency debt securities [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	2,888	3,456	3,752
Unrealized gains of debt securities	199	90	38
Unrealized losses of debt securities	(168)	(73)	(76)
Fair value of debt securities	2,920	3,473	3,713
TURKEY | Central banks [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	0	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	0	0	0
TURKEY | credit institutions [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	0	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	0	0	0
TURKEY | Other issuers [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	0	0	0
Unrealized gains of debt securities	0	0	0
Unrealized losses of debt securities	0	0	0
Fair value of debt securities	0	0	0
Other Countries [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	10,298	9,892	6,810
Unrealized gains of debt securities	286	372	307
Unrealized losses of debt securities	(55)	(39)	(104)
Fair value of debt securities	10,529	10,225	7,013
Other Countries [Member] | Government agency debt securities [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	2,488	2,177	2,079
Unrealized gains of debt securities	115	136	137
Unrealized losses of debt securities	(29)	(14)	(76)
Fair value of debt securities	2,574	2,300	2,140
Other Countries [Member] | Central banks [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	1,698	1,599	1,005
Unrealized gains of debt securities	3	21	9
Unrealized losses of debt securities	(5)	(8)	(4)
Fair value of debt securities	1,696	1,611	1,010
Other Countries [Member] | credit institutions [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	2,306	2,468	1,743
Unrealized gains of debt securities	92	116	109
Unrealized losses of debt securities	(16)	(8)	(12)
Fair value of debt securities	2,382	2,576	1,840
Other Countries [Member] | Other issuers [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	3,807	3,648	1,983
Unrealized gains of debt securities	76	99	52
Unrealized losses of debt securities	(6)	(8)	(12)
Fair value of debt securities	3,877	3,738	2,023
Total foreign [Member]
Financial assets at fair value through other comprehensive income debt securities [Line Items]
Amortized cost of debt securities	40,551	35,545	34,788
Unrealized gains of debt securities	780	1,172	681
Unrealized losses of debt securities	(612)	(120)	(259)
Fair value of debt securities	€ 40,719	€ 36,596	€ 35,210

Note 13 Financial assets at f_4

Note 13 Financial assets at fair value through other comprehensive income debt securities by rating (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 59,074	€ 68,308	€ 58,731
Percentage of debt securities by rating	100.00%	100.00%	100.00%
BBVA AAA Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 2,413	€ 4,345	€ 3,669
Percentage of debt securities by rating	4.10%	6.40%	6.20%
BBVA AA Plus Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 586	€ 595	€ 7,279
Percentage of debt securities by rating	1.00%	0.90%	12.40%
BBVA AA Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 646	€ 449	€ 317
Percentage of debt securities by rating	1.10%	0.70%	0.50%
BBVA AA Minus Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 327	€ 406	€ 265
Percentage of debt securities by rating	0.60%	0.60%	0.50%
BBVA A plus Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 6,179	€ 5,912	€ 3,367
Percentage of debt securities by rating	10.50%	8.70%	5.70%
BBVA A Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 1,676	€ 2,112	€ 12,895
Percentage of debt securities by rating	2.80%	3.10%	22.00%
BBVA A Minus Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 18,760	€ 31,614	€ 10,947
Percentage of debt securities by rating	31.80%	46.30%	18.60%
BBVA BBB Plus Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 11,465	€ 8,629	€ 9,946
Percentage of debt securities by rating	19.40%	12.60%	16.90%
BBVA BBB Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 10,961	€ 4,054	€ 2,966
Percentage of debt securities by rating	18.60%	5.90%	5.10%
BBVA BBB minus Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 1,310	€ 5,116	€ 1,927
Percentage of debt securities by rating	2.20%	7.50%	3.30%
BBVA BB Plus Rating [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 4,379	€ 4,731	€ 4,712
Percentage of debt securities by rating	7.40%	6.90%	8.00%
Unclassified [Member]
Avaiable for sale financial assets debt securities by rating [Line Items]
Fair value of debt securities by rating	€ 372	€ 345	€ 441
Percentage of debt securities by rating	0.60%	0.50%	0.80%

Note 13 Other comprehensive inc

Note 13 Other comprehensive income Changes in gains or losses (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt securities [Member]
Financial assets at fair value throught other comprehensive income [Line Items]
Other comprehensive income changes in gains and losses	€ 2,069	€ 1,760	€ 943
Valuation gains and losses	(1,058)	489	1,267
Amounts transferred to income	(63)	(72)	(119)
Income tax and other	325	(107)	(331)
Other comprehensive income changes in gains and losses	1,274	2,069	1,760
equity instruments [Member]
Financial assets at fair value throught other comprehensive income [Line Items]
Other comprehensive income changes in gains and losses	(1,256)	(403)	(155)
Valuation gains and losses	183	(803)	(238)
Amounts transferred to reserves	0	(73)	0
Income tax and other	(7)	23	(10)
Other comprehensive income changes in gains and losses	€ (1,079)	€ (1,256)	€ (403)

Note 14 Financial assets at amo

Note 14 Financial assets at amortised cost (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial assets at amortised cost [Line Items]
Debt Securities at amortized cost		€ 34,781	€ 35,737	€ 38,877
Loans and advances to central banks at amortised cost		5,681	6,209	4,275
Loans and advances to banks		13,276	14,575	13,649
Loans and advances to customers	[1]	318,939	311,147	382,360
Financial assets at amortised cost		(372,676)	(367,668)	(439,162)
Central banks [Member]
Financial assets at amortised cost [Line Items]
Debt Securities at amortized cost		15	0	0
Government [member]
Financial assets at amortised cost [Line Items]
Debt Securities at amortized cost		32,130	28,727	31,526
Loans and advances to customers		19,682	19,391	28,222
credit institutions [Member]
Financial assets at amortised cost [Line Items]
Debt Securities at amortized cost		817	783	719
Other financial corporations [Member]
Financial assets at amortised cost [Line Items]
Debt Securities at amortized cost		525	5,027	5,254
Loans and advances to customers		9,804	9,817	11,207
Non financial corporations [Member]
Financial assets at amortised cost [Line Items]
Debt Securities at amortized cost		1,295	1,200	1,379
Loans and advances to customers		140,993	136,424	166,789
Reverse repurchase agreements [Member]
Financial assets at amortised cost [Line Items]
Loans and advances to banks		2,788	1,914	1,817
Other loans and advances [Member]
Financial assets at amortised cost [Line Items]
Loans and advances to banks		10,488	12,661	11,832
Other [Member]
Financial assets at amortised cost [Line Items]
Loans and advances to customers		148,461	145,515	176,142
Of which impaired assets of loans and advances to customers [Member]
Financial assets at amortised cost [Line Items]
Financial assets at amortised cost		(14,657)	(14,672)	(15,954)
Of which loss allowances of loans and advances [Member]
Financial assets at amortised cost [Line Items]
Financial assets at amortised cost		(11,142)	(12,141)	(12,427)
Of which loss allowances of debt securities [Member]
Financial assets at amortised cost [Line Items]
Financial assets at amortised cost		€ (52)	€ (48)	€ (52)
[1]	(*) The variation in 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).

Note 14 Debt securities at amor

Note 14 Debt securities at amortized cost (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	€ 34,781	€ 35,737	€ 38,877
Unrealized gains of debt securities at amortized cost	1,950	2,405	1,077
Unrealized losses of debt securities at amortized cost	(284)	(75)	(160)
Fair value of debt securities at amortized cost	36,447	38,067	39,796
Domestic debt securities [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	18,031	18,492	17,684
Unrealized gains of debt securities at amortized cost	1,336	1,271	668
Unrealized losses of debt securities at amortized cost	(13)	(7)	(31)
Fair value of debt securities at amortized cost	19,353	19,756	18,320
Domestic debt securities [Member] | Government [member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	17,693	13,656	12,755
Unrealized gains of debt securities at amortized cost	1,326	1,212	630
Unrealized losses of debt securities at amortized cost	(7)	0	(21)
Fair value of debt securities at amortized cost	19,013	14,868	13,363
Domestic debt securities [Member] | Central banks [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	0	0	0
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	0	0	0
Domestic debt securities [Member] | credit institutions [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	0	0	26
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	0	0	26
Domestic debt securities [Member] | Other issuers [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	337	4,835	4,903
Unrealized gains of debt securities at amortized cost	10	59	38
Unrealized losses of debt securities at amortized cost	(6)	(7)	(10)
Fair value of debt securities at amortized cost	341	4,887	4,931
MEXICO
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	8,464	7,771	6,374
Unrealized gains of debt securities at amortized cost	182	534	168
Unrealized losses of debt securities at amortized cost	(138)	(16)	(18)
Fair value of debt securities at amortized cost	8,508	8,289	6,525
MEXICO | Government [member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	7,669	6,963	5,576
Unrealized gains of debt securities at amortized cost	170	479	166
Unrealized losses of debt securities at amortized cost	(131)	0	0
Fair value of debt securities at amortized cost	7,708	7,442	5,742
MEXICO | Central banks [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	0	0	0
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	0	0	0
MEXICO | credit institutions [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	614	632	526
Unrealized gains of debt securities at amortized cost	11	55	2
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	625	687	529
MEXICO | Other issuers [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	181	176	272
Unrealized gains of debt securities at amortized cost	1	0	0
Unrealized losses of debt securities at amortized cost	(7)	(16)	(18)
Fair value of debt securities at amortized cost	175	160	254
UNITED STATES
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	93	52	6,125
Unrealized gains of debt securities at amortized cost	0	0	111
Unrealized losses of debt securities at amortized cost	0	(26)	(20)
Fair value of debt securities at amortized cost	93	26	6,217
UNITED STATES | Government [member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	10	14	5,690
Unrealized gains of debt securities at amortized cost	0	0	111
Unrealized losses of debt securities at amortized cost	0	0	(18)
Fair value of debt securities at amortized cost	10	14	5,783
UNITED STATES | Central banks [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	0	0	0
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	0	0	0
UNITED STATES | credit institutions [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	26	23	25
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	(16)	(1)
Fair value of debt securities at amortized cost	26	7	25
UNITED STATES | Other issuers [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	57	15	410
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	(10)	(1)
Fair value of debt securities at amortized cost	57	5	409
TURKEY
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	2,634	3,628	4,113
Unrealized gains of debt securities at amortized cost	143	95	48
Unrealized losses of debt securities at amortized cost	(95)	(25)	(65)
Fair value of debt securities at amortized cost	2,682	3,698	4,097
TURKEY | Government [member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	2,628	3,621	4,105
Unrealized gains of debt securities at amortized cost	143	95	47
Unrealized losses of debt securities at amortized cost	(95)	(25)	(65)
Fair value of debt securities at amortized cost	2,676	3,691	4,088
TURKEY | Central banks [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	0	0	0
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	0	0	0
TURKEY | credit institutions [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	5	6	7
Unrealized gains of debt securities at amortized cost	0	0	1
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	5	6	8
TURKEY | Other issuers [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	0	1	1
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	0	1	1
Other Countries [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	5,559	5,795	4,581
Unrealized gains of debt securities at amortized cost	289	505	82
Unrealized losses of debt securities at amortized cost	(37)	(1)	(26)
Fair value of debt securities at amortized cost	5,812	6,299	4,637
Other Countries [Member] | Government [member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	4,144	4,473	3,400
Unrealized gains of debt securities at amortized cost	257	467	82
Unrealized losses of debt securities at amortized cost	(28)	(1)	(22)
Fair value of debt securities at amortized cost	4,374	4,939	3,459
Other Countries [Member] | Central banks [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	0	0	0
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	0	0	0
Other Countries [Member] | credit institutions [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	171	122	135
Unrealized gains of debt securities at amortized cost	0	0	0
Unrealized losses of debt securities at amortized cost	0	0	0
Fair value of debt securities at amortized cost	171	122	135
Other Countries [Member] | Other issuers [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	1,243	1,200	1,047
Unrealized gains of debt securities at amortized cost	32	38	0
Unrealized losses of debt securities at amortized cost	(9)	0	(4)
Fair value of debt securities at amortized cost	1,267	1,238	1,043
Foreign debt securities [Member]
Debt securities at amortized cost [Line Items]
Amortized cost of debt securities at amortized cost	16,750	17,245	21,194
Unrealized gains of debt securities at amortized cost	614	1,134	409
Unrealized losses of debt securities at amortized cost	(270)	(68)	(129)
Fair value of debt securities at amortized cost	€ 17,094	€ 18,311	€ 21,476

Note 14 Debt securities by rati

Note 14 Debt securities by rating (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 34,781	€ 35,737	€ 38,877
Percentage of debt securities at amortized cost by rating	100.00%	100.00%	100.00%
BBVA AAA Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 143	€ 151	€ 39
Percentage of debt securities at amortized cost by rating	0.40%	0.40%	0.10%
BBVA AA plus [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 77	€ 74	€ 6,481
Percentage of debt securities at amortized cost by rating	0.20%	0.20%	16.70%
BBVA AA Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 76	€ 64	€ 14
Percentage of debt securities at amortized cost by rating	0.20%	0.20%	0.00%
BBVA AA Minus Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 69	€ 48	€ 713
Percentage of debt securities at amortized cost by rating	0.20%	0.10%	1.80%
BBVA A plus Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 62	€ 42	€ 0
Percentage of debt securities at amortized cost by rating	0.20%	0.00%	0.00%
BBVA A Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 619	€ 590	€ 16,806
Percentage of debt securities at amortized cost by rating	1.80%	1.70%	43.20%
BBVA A Minus Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 16,312	€ 16,736	€ 607
Percentage of debt securities at amortized cost by rating	46.90%	46.80%	1.60%
BBVA BBB Plus Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 9,336	€ 7,919	€ 3,715
Percentage of debt securities at amortized cost by rating	26.80%	22.20%	9.60%
BBVA BBB Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 3,853	€ 942	€ 551
Percentage of debt securities at amortized cost by rating	11.10%	2.60%	1.40%
BBVA BBB minus Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 527	€ 4,499	€ 3,745
Percentage of debt securities at amortized cost by rating	1.50%	12.60%	9.60%
BBVA BB Plus Rating [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 3,120	€ 3,928	€ 5,123
Percentage of debt securities at amortized cost by rating	9.00%	11.00%	13.20%
Unclassified [Member]
Debt securities by rating [Line Items]
Carrying amount of debt securities at amortized cost	€ 587	€ 743	€ 1,083
Percentage of debt securities at amortized cost by rating	1.70%	2.10%	2.80%

Note 14 Loans and advances to c

Note 14 Loans and advances to customers (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Loans and receivables [Line Items]
Loans and advances to customers	[1]	€ 318,939	€ 311,147	€ 382,360
On demand [Member]
Loans and receivables [Line Items]
Loans and advances to customers		3,161	2,835	3,050
Credit card debt [Member]
Loans and receivables [Line Items]
Loans and advances to customers		14,030	13,093	16,354
Trade receivables [Member]
Loans and receivables [Line Items]
Loans and advances to customers		19,524	15,544	17,276
Lease receivables [member]
Loans and receivables [Line Items]
Loans and advances to customers		7,911	7,650	8,711
Reverse repurchase agreements [Member]
Loans and receivables [Line Items]
Loans and advances to customers		23	71	26
Other term loans [Member]
Loans and receivables [Line Items]
Loans and advances to customers		268,047	267,031	332,160
Advances that are not loans [Member]
Loans and receivables [Line Items]
Loans and advances to customers		€ 6,243	€ 4,924	€ 4,784
[1]	(*) The variation in 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).

Note 14 Loans and advances matu

Note 14 Loans and advances maturing in more than one year by interest rate fixed and floating (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Loans and advances maturing in more than one year by interest rate [Line Items]
National security	€ 132,300	€ 132,814	€ 135,249
Foreign security	106,465	107,895	166,680
Total loans and advances maturing in more than one year	238,765	240,710	301,929
Fixed interest rate [member]
Loans and advances maturing in more than one year by interest rate [Line Items]
National security	56,756	46,104	55,920
Foreign security	62,228	66,444	68,915
Total loans and advances maturing in more than one year	118,984	112,548	124,835
Floating interest rate [member]
Loans and advances maturing in more than one year by interest rate [Line Items]
National security	75,544	86,710	79,329
Foreign security	44,237	41,452	97,765
Total loans and advances maturing in more than one year	€ 119,781	€ 128,162	€ 177,095

Note 14 Securitized loans (Deta

Note 14 Securitized loans (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Securitized loans [Line Items]
Securitized mortgage assets	€ 23,695	€ 23,953	€ 26,169
Other securitized assets	6,547	6,144	4,249
Total securitized loans	€ 30,242	€ 30,098	€ 30,418

Note 15 Derivatives Hedge accou

Note 15 Derivatives Hedge accounting and fair value changes of the hedged items in portfolio hedge of interest rate risk (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclousre of derivative financial assets held for hedging [Line Items]
Derivative financial assets held for hedging	€ 1,805	€ 1,991	€ 1,729
Accumulated fair value hedge adjustment on hedged item included in carrying amount, assets	5	51	28
Derivative financial liabilities held for hedging	2,626	2,318	2,233
Accumulated fair value hedge adjustment on hedged item included in carrying amount, liabilities	€ 0	€ 0	€ 0

Note 15 Derivatives Hedge acc_2

Note 15 Derivatives Hedge accounting breakdown by type of risk and type of hedge (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	€ 1,805	€ 1,991	€ 1,729
Derivative financial liabilities held for hedging	2,626	2,318	2,233
Interest rate risk [member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	697	989	920
Derivative financial liabilities held for hedging	322	525	488
Interest rate risk [member] | OTC Options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	697	989	920
Derivative financial liabilities held for hedging	322	525	488
Interest rate risk [member] | Organized market options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Equity risk [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	3
Equity risk [Member] | OTC Options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	3
Equity risk [Member] | Organized market options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Foreign exchange and gold risk [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	463	435	420
Derivative financial liabilities held for hedging	135	350	316
Foreign exchange and gold risk [Member] | OTC Options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	463	435	420
Derivative financial liabilities held for hedging	135	350	316
Foreign exchange and gold risk [Member] | Organized market options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Credit risk [member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Commodities risk [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Other risk [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Fair value risk [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	1,160	1,424	1,341
Derivative financial liabilities held for hedging	457	874	808
Interest rate risk hedges cash flow [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	228	154	224
Derivative financial liabilities held for hedging	1,786	1,055	850
Interest rate risk hedges cash flow [Member] | OTC Options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	226	154	224
Derivative financial liabilities held for hedging	1,786	1,041	839
Interest rate risk hedges cash flow [Member] | Organized market options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	2	0	0
Derivative financial liabilities held for hedging	0	15	11
Equity instruments risk hedge cash flow [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Foreign exchange and gold risk hedge cash flow [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	180	225	115
Derivative financial liabilities held for hedging	79	55	18
Foreign exchange and gold risk hedge cash flow [Member] | OTC Options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	180	225	115
Derivative financial liabilities held for hedging	79	50	18
Foreign exchange and gold risk hedge cash flow [Member] | Organized market options [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	5	0
Credit risk hedge cash flow [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Commodities risk hedge cash flow [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Other risk hedge cash flow [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	0	0	0
Derivative financial liabilities held for hedging	0	0	0
Cash flow hedges [member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	408	379	339
Derivative financial liabilities held for hedging	1,865	1,111	868
Hedges of net investment in foreign operations [member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	198	166	12
Derivative financial liabilities held for hedging	196	139	242
Portfolio fair value hedges of interest rate risk [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	18	18	37
Derivative financial liabilities held for hedging	95	170	216
Portfolio cash flow hedges of interest rate risk [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	21	3	1
Derivative financial liabilities held for hedging	13	23	99
Derivatives hedge accounting [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	1,805	1,991	1,729
Derivative financial liabilities held for hedging	2,626	2,318	2,233
Derivatives hedge accounting [Member] | Of which OTC credit institutions [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	1,454	1,718	1,423
Derivative financial liabilities held for hedging	2,248	1,965	1,787
Derivatives hedge accounting [Member] | Of which OTC other financial corporations [Member]
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets held for hedging	349	273	306
Derivative financial liabilities held for hedging	€ 378	€ 333	€ 426

Note 15 Hedged items in fair va

Note 15 Hedged items in fair value hedges (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Hedged items in fair value hedges [Line Items]
Financial assets at fair value through other comprehensive income	€ 60,421	€ 69,440	€ 61,183
Financial assets at amortised cost	372,676	367,668	439,162
Financial liabilities at amortised cost	487,893	490,606	€ 516,641
Carrying amount [member]
Hedged items in fair value hedges [Line Items]
Financial assets at fair value through other comprehensive income	20,333	28,091
Interest rate measure at fair value	20,285	28,059
Other measure at fair value	49	33
Financial assets at amortised cost	8,273	11,177
Interest rate measured at amortized cost	8,270	11,177
Foreign exchange and gold assets	2	0
Financial liabilities at amortised cost	24,567	23,546
Interest rate hedge instrument	24,563	23,543
Foreign exchange and gold	5	3
Hedge adjustments included in the carrying amount of assets and liabilities [Member]
Hedged items in fair value hedges [Line Items]
Financial assets at fair value through other comprehensive income	(52)	(99)
Financial assets at amortised cost	168	386
Financial liabilities at amortised cost	(690)	(576)
Remaining adjustments for discontinued micro hedges including hedges of net positions [Member]
Hedged items in fair value hedges [Line Items]
Financial assets at fair value through other comprehensive income	11	12
Financial assets at amortised cost	5	3
Financial liabilities at amortised cost	0	2
Hedged items in portfolio hedge of interest rate risk [Member]
Hedged items in fair value hedges [Line Items]
Financial assets at fair value through other comprehensive income	0	0
Financial assets at amortised cost	1,997	2,500
Financial liabilities at amortised cost	€ 0	€ 0

Note 15 Calendar of the notiona

Note 15 Calendar of the notional maturities of the hedging instruments (Details) € in Millions	Dec. 31, 2021EUR (€)
Fair value hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	€ 53,409
Of which interest rate fair value hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	52,021
Cash flow hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	44,332
Of which interest rate cash flow hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	41,882
Hedges of net investment in foreign operations [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	4,857
Portfolio fair value hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	3,187
Portfolio cash flow hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	1,583
Derivatives [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	107,368
Not later than three months [member] | Fair value hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	2,820
Not later than three months [member] | Of which interest rate fair value hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	2,807
Not later than three months [member] | Cash flow hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	195
Not later than three months [member] | Of which interest rate cash flow hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	0
Not later than three months [member] | Hedges of net investment in foreign operations [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	2,241
Not later than three months [member] | Portfolio fair value hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	175
Not later than three months [member] | Portfolio cash flow hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	171
Not later than three months [member] | Derivatives [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	5,602
Later than three months and not later than one year [member] | Fair value hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	8,467
Later than three months and not later than one year [member] | Of which interest rate fair value hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	8,360
Later than three months and not later than one year [member] | Cash flow hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	3,346
Later than three months and not later than one year [member] | Of which interest rate cash flow hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	2,713
Later than three months and not later than one year [member] | Hedges of net investment in foreign operations [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	2,617
Later than three months and not later than one year [member] | Portfolio fair value hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	647
Later than three months and not later than one year [member] | Portfolio cash flow hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	428
Later than three months and not later than one year [member] | Derivatives [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	15,505
Later than one year and not later than five years [member] | Fair value hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	28,506
Later than one year and not later than five years [member] | Of which interest rate fair value hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	27,239
Later than one year and not later than five years [member] | Cash flow hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	36,410
Later than one year and not later than five years [member] | Of which interest rate cash flow hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	34,787
Later than one year and not later than five years [member] | Hedges of net investment in foreign operations [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	0
Later than one year and not later than five years [member] | Portfolio fair value hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	1,258
Later than one year and not later than five years [member] | Portfolio cash flow hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	851
Later than one year and not later than five years [member] | Derivatives [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	67,024
Later than five years [member] | Fair value hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	13,615
Later than five years [member] | Of which interest rate fair value hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	13,615
Later than five years [member] | Cash flow hedges [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	4,381
Later than five years [member] | Of which interest rate cash flow hedges [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	4,381
Later than five years [member] | Hedges of net investment in foreign operations [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	0
Later than five years [member] | Portfolio fair value hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	1,108
Later than five years [member] | Portfolio cash flow hedges of interest rate risk [Member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	132
Later than five years [member] | Derivatives [member]
Notional maturities of the hedging instruments [Line Items]
Notional maturities of the hedging instruments	€ 19,236

Note 15 Hedges affected by the

Note 15 Hedges affected by the IBOR reform (Details) € in Millions	Dec. 31, 2021EUR (€)
Cash flow hedges [member]
IBOR Indices [Line Items]
LIBOR USD	€ 1,056
LIBOR GBP	0
Other indices	0
Total indices effect	1,056
Fair value hedges [member]
IBOR Indices [Line Items]
LIBOR USD	7,939
LIBOR GBP	389
Other indices	583
Total indices effect	€ 8,910

Note 16 Investments In Subsidia

Note 16 Investments In Subsidiaries Joint Ventures And Associates (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in joint ventures	€ 152	€ 149	€ 154
Investments in associates	749	1,288	1,334
Investments in subsidiaries, joint ventures and associates	900	1,437	1,488	€ 1,578
Altura markets SV SA [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in joint ventures	76	77	73
RCI Colombia [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in joint ventures	40	36	37
Desarrollo Metropolitanos del Sur SL [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in joint ventures	18	17	14
Other joint ventures [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in joint ventures	18	19	30
Divarian Propiedad SAU [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	0	567	630
Metrovacesa SA [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	259	285	443
BBVA allianz seguros y reaseguros SA [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	254	250	0
ATOM Bank PLC [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	77	64	136
Solarisbank AG [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	61	39	36
Cofides [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	28	25	23
Redsys servicios de procesamiento SL [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	19	14	14
Servicios electronicos globales SA de CV [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	15	11	11
Other associates [Member]
Disclosure of Investments in subsidiaries joint ventures and associates [Line Items]
Investments in associates	€ 35	€ 33	€ 41

Note 16 Joint ventures and asso

Note 16 Joint ventures and associates changes in the year (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Joint ventures and associates changes in the year [Line Items]
Investments in subsidiaries, joint ventures and associates	€ 900	€ 1,437	€ 1,488	€ 1,578
Acquisitions and capital increases	22	257	161
Disposals and capital reductions	(1)	(47)	(149)
Transfers and changes of consolidation Method	(559)	(7)	(27)
Share of profit and loss	1	(39)	(42)
Exchange differences	9	(27)	10
Dividends valuation adjustments and others	€ (9)	€ (188)	€ (43)

Note 17 Tangible Assets Breakdo

Note 17 Tangible Assets Breakdown By Type Of Asset (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets	€ 13,677		€ 16,578		€ 12,910
Cost of tangible assets	13,535		13,677		16,578
Accrued depreciation	5,371		6,067		5,437
Accrued depreciation	5,641		5,371		6,067
Impairment of tangible assets	483		443		244
Impairment of tangible assets	596		483		443
Tangible assets	7,823		10,068		7,229
Tangible assets	7,298		7,823		10,068
Additions tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	585		651		4,175
Accrued depreciation changes in the year	740		781		876
Impairment of tangible assets changes in the year	161	[1]	125		94
Retirements tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(347)		(498)		(433)
Accrued depreciation changes in the year	(298)		(260)		(296)
Impairment of tangible assets changes in the year	0		0		(3)
Acquisition of subsidiaries in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Disposal of entities in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		(1,616)	[2]	0
Accrued depreciation changes in the year	0		(765)	[2]	0
Impairment of tangible assets changes in the year	0		(8)	[2]	0
Transfers of tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(147)		(272)		(88)
Accrued depreciation changes in the year	(39)		(58)		(30)
Impairment of tangible assets changes in the year	(5)		(51)		121
Exchange difference and other tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(233)		(1,166)		14
Accrued depreciation changes in the year	(134)		(470)		(23)
Impairment of tangible assets	483		443
Impairment of tangible assets changes in the year	(43)		(26)		(13)
Impairment of tangible assets			483		443
Additions transfer to discontinued operations tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Accrued depreciation changes in the year	0		76	[2]	103	[3]
Impairment of tangible assets changes in the year	0
Land and buildings [member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets	4,380		6,001		5,939
Cost of tangible assets	4,350		4,380		6,001
Accrued depreciation	833		1,253		1,138
Accrued depreciation	900		833		1,253
Impairment of tangible assets	149		212		217
Impairment of tangible assets	114		149		212
Tangible assets	3,398		4,536		4,584
Tangible assets	3,336		3,398		4,536
Land and buildings [member] | Additions tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	58		157		90
Accrued depreciation changes in the year	79		83		92
Impairment of tangible assets changes in the year	0	[1]	18		14
Land and buildings [member] | Retirements tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(5)		(10)		(44)
Accrued depreciation changes in the year	(19)		(2)		(38)
Impairment of tangible assets changes in the year	0		0		(3)
Land and buildings [member] | Acquisition of subsidiaries in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Land and buildings [member] | Disposal of entities in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		(925)	[2]	0
Accrued depreciation changes in the year	0		(373)	[2]	0
Impairment of tangible assets changes in the year	0		(8)	[2]	0
Land and buildings [member] | Transfers of tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(112)		(248)		(41)
Accrued depreciation changes in the year	(23)		(42)		(16)
Impairment of tangible assets changes in the year	(24)		(68)		(16)
Land and buildings [member] | Exchange difference and other tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	29		(595)		57
Accrued depreciation changes in the year	30		(110)		43
Impairment of tangible assets changes in the year	(11)		(5)		0
Land and buildings [member] | Additions transfer to discontinued operations tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Accrued depreciation changes in the year	0		24	[2]	34	[3]
Impairment of tangible assets changes in the year	0
Work in progress [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets	52		56		70
Cost of tangible assets	67		52		56
Accrued depreciation	0		0		0
Accrued depreciation	0		0		0
Impairment of tangible assets	0		0		0
Impairment of tangible assets	0		0		0
Tangible assets	52		56		70
Tangible assets	67		52		56
Work in progress [Member] | Additions tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	31		54		63
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0	[1]	0		0
Work in progress [Member] | Retirements tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(1)		(23)		(20)
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Work in progress [Member] | Acquisition of subsidiaries in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Work in progress [Member] | Disposal of entities in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		(31)	[2]	0
Accrued depreciation changes in the year	0		0	[2]	0
Impairment of tangible assets changes in the year	0		0	[2]	0
Work in progress [Member] | Transfers of tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(8)		(2)		(51)
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Work in progress [Member] | Exchange difference and other tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(7)		(2)		(6)
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets	0		0
Impairment of tangible assets changes in the year	0		0		0
Impairment of tangible assets			0		0
Work in progress [Member] | Additions transfer to discontinued operations tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Accrued depreciation changes in the year	0		0	[2]	0	[3]
Impairment of tangible assets changes in the year	0
Furniture, fixtures and vehicles [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets	5,515		6,351		6,314
Cost of tangible assets	5,388		5,515		6,351
Accrued depreciation	3,859		4,344		4,212
Accrued depreciation	3,833		3,859		4,344
Impairment of tangible assets	0		0		0
Impairment of tangible assets	0		0		0
Tangible assets	1,656		2,007		2,102
Tangible assets	1,555		1,656		2,007
Furniture, fixtures and vehicles [Member] | Additions tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	262		255		335
Accrued depreciation changes in the year	358		370		431
Impairment of tangible assets changes in the year	1	[1]	26		20
Furniture, fixtures and vehicles [Member] | Retirements tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(281)		(294)		(302)
Accrued depreciation changes in the year	(259)		(248)		(255)
Impairment of tangible assets changes in the year	0		0		0
Furniture, fixtures and vehicles [Member] | Acquisition of subsidiaries in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Furniture, fixtures and vehicles [Member] | Disposal of entities in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		(366)	[2]	0
Accrued depreciation changes in the year	0		(321)	[2]	0
Impairment of tangible assets changes in the year	0		0	[2]	0
Furniture, fixtures and vehicles [Member] | Transfers of tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(29)		(5)		(8)
Accrued depreciation changes in the year	(17)		(12)		(13)
Impairment of tangible assets changes in the year	17		0		0
Furniture, fixtures and vehicles [Member] | Exchange difference and other tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(79)		(426)		12
Accrued depreciation changes in the year	(108)		(294)		(57)
Impairment of tangible assets	0		0
Impairment of tangible assets changes in the year	(18)		(26)		(20)
Impairment of tangible assets			0		0
Furniture, fixtures and vehicles [Member] | Additions transfer to discontinued operations tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Accrued depreciation changes in the year	0		20	[2]	26	[3]
Impairment of tangible assets changes in the year	0
Right of use assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets	3,061		3,516		0
Cost of tangible assets	3,154		3,061		3,516
Accrued depreciation	582		370		0
Accrued depreciation	811		582		370
Impairment of tangible assets	274		191		0
Impairment of tangible assets	427		274		191
Tangible assets	2,205		2,955		0
Tangible assets	1,916		2,205		2,955
Right of use assets [Member] | Additions tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	230		183		3,574
Accrued depreciation changes in the year	284		312		338
Impairment of tangible assets changes in the year	151	[1]	68		60
Right of use assets [Member] | Retirements tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(59)		(157)		(57)
Accrued depreciation changes in the year	(16)		(10)		(3)
Impairment of tangible assets changes in the year	0		0		0
Right of use assets [Member] | Acquisition of subsidiaries in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Right of use assets [Member] | Disposal of entities in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		(294)	[2]	0
Accrued depreciation changes in the year	0		(71)	[2]	0
Impairment of tangible assets changes in the year	0		0	[2]	0
Right of use assets [Member] | Transfers of tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(34)		(60)		(1)
Accrued depreciation changes in the year	(5)		(9)		(1)
Impairment of tangible assets changes in the year	0		10		127
Right of use assets [Member] | Exchange difference and other tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(44)		(127)		0
Accrued depreciation changes in the year	(34)		(42)		(7)
Impairment of tangible assets	274		191
Impairment of tangible assets changes in the year	2		5		4
Impairment of tangible assets			274		191
Right of use assets [Member] | Additions transfer to discontinued operations tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Accrued depreciation changes in the year	0		32	[2]	43	[3]
Impairment of tangible assets changes in the year	0
Right to use investment properties [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets	123		101		0
Cost of tangible assets	162		123		101
Accrued depreciation	27		11		0
Accrued depreciation	47		27		11
Impairment of tangible assets	26		14		0
Impairment of tangible assets	34		26		14
Tangible assets	70		76		0
Tangible assets	81		70		76
Right to use investment properties [Member] | Additions tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	4		0		101
Accrued depreciation changes in the year	15		12		11
Impairment of tangible assets changes in the year	8	[1]	12		0
Right to use investment properties [Member] | Retirements tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		(3)		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Right to use investment properties [Member] | Acquisition of subsidiaries in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Right to use investment properties [Member] | Disposal of entities in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0	[2]	0
Accrued depreciation changes in the year	0		0	[2]	0
Impairment of tangible assets changes in the year	0		0	[2]	0
Right to use investment properties [Member] | Transfers of tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	35		25		0
Accrued depreciation changes in the year	5		4		0
Impairment of tangible assets changes in the year	0		0		14
Right to use investment properties [Member] | Exchange difference and other tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets	26		14
Impairment of tangible assets changes in the year	0		0		0
Impairment of tangible assets			26		14
Right to use investment properties [Member] | Additions transfer to discontinued operations tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Accrued depreciation changes in the year	0		0	[2]	0	[3]
Impairment of tangible assets changes in the year	0
Investment property [member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets	201		216		201
Cost of tangible assets	147		201		216
Accrued depreciation	16		15		11
Accrued depreciation	17		16		15
Impairment of tangible assets	34		26		27
Impairment of tangible assets	21		34		26
Tangible assets	151		175		163
Tangible assets	109		151		175
Investment property [member] | Additions tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		2		12
Accrued depreciation changes in the year	4		3		4
Impairment of tangible assets changes in the year	1	[1]	1		0
Investment property [member] | Retirements tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(1)		(11)		(10)
Accrued depreciation changes in the year	(4)		0		0
Impairment of tangible assets changes in the year	0		0		0
Investment property [member] | Acquisition of subsidiaries in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Investment property [member] | Disposal of entities in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0	[2]	0
Accrued depreciation changes in the year	0		0	[2]	0
Impairment of tangible assets changes in the year	0		0	[2]	0
Investment property [member] | Transfers of tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	1		18		13
Accrued depreciation changes in the year	1		1		0
Impairment of tangible assets changes in the year	2		7		(4)
Investment property [member] | Exchange difference and other tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(54)		(24)		0
Accrued depreciation changes in the year	0		(3)		0
Impairment of tangible assets	34		26
Impairment of tangible assets changes in the year	(16)		0		3
Impairment of tangible assets			34		26
Investment property [member] | Additions transfer to discontinued operations tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Accrued depreciation changes in the year	0		0	[2]	0	[3]
Impairment of tangible assets changes in the year	0
Tangible assets leased out under an operating lease [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets	345		337		386
Cost of tangible assets	267		345		337
Accrued depreciation	54		74		76
Accrued depreciation	33		54		74
Impairment of tangible assets	0		0		0
Impairment of tangible assets	0		0		0
Tangible assets	291		263		310
Tangible assets	234		291		263
Tangible assets leased out under an operating lease [Member] | Additions tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		1		0
Impairment of tangible assets changes in the year	0	[1]	0		0
Tangible assets leased out under an operating lease [Member] | Retirements tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Tangible assets leased out under an operating lease [Member] | Acquisition of subsidiaries in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Tangible assets leased out under an operating lease [Member] | Disposal of entities in the year [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0	[2]	0
Accrued depreciation changes in the year	0		0	[2]	0
Impairment of tangible assets changes in the year	0		0	[2]	0
Tangible assets leased out under an operating lease [Member] | Transfers of tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	0		0		0
Accrued depreciation changes in the year	0		0		0
Impairment of tangible assets changes in the year	0		0		0
Tangible assets leased out under an operating lease [Member] | Exchange difference and other tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Cost of tangible assets changes in the year	(78)		8		(49)
Accrued depreciation changes in the year	(21)		(21)		(2)
Impairment of tangible assets	0		0
Impairment of tangible assets changes in the year	0		0		0
Impairment of tangible assets			0		0
Tangible assets leased out under an operating lease [Member] | Additions transfer to discontinued operations tangible assets [Member]
Disclosure of Tangible assets breakdown by type of asset [Line Items]
Accrued depreciation changes in the year	0		€ 0	[2]	€ 0	[3]
Impairment of tangible assets changes in the year	€ 0
[1]	(*) In 2021, it includes allowances on right of use of the rented offices after the agreement with union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 24 and 49).
[2]	(*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
[3]	(*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).

Note 17 Tangible assets by Span

Note 17 Tangible assets by Spanish and foreign subsidiaries net assets values (Details) - EUR (€) € in Millions	Dec. 31, 2021	[1]	Dec. 31, 2020	[2]	Dec. 31, 2019
Tangible assets by Spanish and foreign subsidiaries [Line Items]
Tangible assets BBVA and Spanish subsidiaries	€ 3,873		€ 4,294		€ 4,865
Tangible assets foreign subsidiaries	3,425		3,529		5,203
Total tangible assets by Spanish and foreign subsidiaries	€ 7,298		€ 7,823		€ 10,068
[1]	(*) The variation in 2021 is mainly due to the reclassification of owned offices and facilities from "Tangible assets" to "Non-current assets and disposal groups classified as held for sale" (see Notes 21, 24 and
[2]	(**) The variation in 2020 is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21), whose owned offices and facilities were reclassified from "Tangible assets" to "Non-current assets and disposal groups classified as held for sale" .

Note 18 Reconciliation Of Chang

Note 18 Reconciliation Of Changes In Goodwill (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill at beginning of period		€ 910	€ 4,955	€ 6,180
Additional recognition, goodwill		0	0	0
Increase (decrease) through net exchange differences, goodwill		(88)	(208)	93
Impairment loss recognised in profit or loss, goodwill		(4)	(2,097)	(1,318)
Increase Decrease Through Companies In The Process Of Sale Goodwill		0	(1,740)
Increase (decrease) through transfers and other changes, intangible assets and goodwill		0	0	0
Goodwill at end of period		818	910	4,955
UNITED STATES
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill at beginning of period	[1]	0	3,846	5,066
Additional recognition, goodwill	[1]	0	0	0
Increase (decrease) through net exchange differences, goodwill	[1]	0	(22)	98
Impairment loss recognised in profit or loss, goodwill	[1]	0	(2,084)	(1,318)
Increase Decrease Through Companies In The Process Of Sale Goodwill	[1]	0	(1,740)
Increase (decrease) through transfers and other changes, intangible assets and goodwill	[1]	0	0	0
Goodwill at end of period	[1]	0	0	3,846
MEXICO
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill at beginning of period		478	550	519
Additional recognition, goodwill		0	0	0
Increase (decrease) through net exchange differences, goodwill		26	(72)	31
Impairment loss recognised in profit or loss, goodwill		0	0	0
Increase Decrease Through Companies In The Process Of Sale Goodwill		0	0
Increase (decrease) through transfers and other changes, intangible assets and goodwill		0	0	0
Goodwill at end of period		504	478	550
TURKEY
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill at beginning of period		254	346	382
Additional recognition, goodwill		0	0	0
Increase (decrease) through net exchange differences, goodwill		(102)	(92)	(36)
Impairment loss recognised in profit or loss, goodwill		0	0	0
Increase Decrease Through Companies In The Process Of Sale Goodwill		0	0
Increase (decrease) through transfers and other changes, intangible assets and goodwill		0	0	0
Goodwill at end of period		152	254	346
COLOMBIA
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill at beginning of period		143	164	161
Additional recognition, goodwill		0	0	0
Increase (decrease) through net exchange differences, goodwill		(9)	(21)	3
Impairment loss recognised in profit or loss, goodwill		0	0	0
Increase Decrease Through Companies In The Process Of Sale Goodwill		0	0
Increase (decrease) through transfers and other changes, intangible assets and goodwill		0	0	0
Goodwill at end of period		134	143	164
CHILE
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill at beginning of period		27	27	29
Additional recognition, goodwill		0	0	0
Increase (decrease) through net exchange differences, goodwill		(3)	0	(2)
Impairment loss recognised in profit or loss, goodwill		0	0	0
Increase Decrease Through Companies In The Process Of Sale Goodwill		0	0
Increase (decrease) through transfers and other changes, intangible assets and goodwill		0	0	0
Goodwill at end of period		24	27	27
Other Countries [Member]
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill at beginning of period		8	22	23
Additional recognition, goodwill		0	0	0
Increase (decrease) through net exchange differences, goodwill		0	(1)	(1)
Impairment loss recognised in profit or loss, goodwill		(4)	(13)	0
Increase Decrease Through Companies In The Process Of Sale Goodwill		0	0
Increase (decrease) through transfers and other changes, intangible assets and goodwill		0	0	0
Goodwill at end of period		€ 4	€ 8	€ 22
[1]	(*) Since the USA sale agreement, the United States is no longer considered a CGU (see Note 3).

Note 18 Impairment test assumpt

Note 18 Impairment test assumptions CGU goodwill in Mexico (Details) - MEXICO		Dec. 31, 2021Rate	Dec. 31, 2020Rate	Dec. 31, 2019Rate
Impairment test assumptions Mexico [Line Items]
Discount rate applied to cash flow projections	[1]	14.50%	15.30%	14.80%
Growth rate used to extrapolate cash flow projections		5.70%	5.70%	5.90%
[1]	(*) After tax discount rates.

Note 18 Sensitivity analysis fo

Note 18 Sensitivity analysis for main assumptions Mexico (Details) - MEXICO € in Millions	Dec. 31, 2021EUR (€)	[1]
Increase of 50 basis points [Member]
Sensitivity analysis for main assumptions Mexico [Line Items]
Recoverable amount of asset or cash-generating unit	€ (1,709)
Growth rate used to extrapolate cash flow projections Mexico	1,194
Decrease of 50 basis points [Member]
Sensitivity analysis for main assumptions Mexico [Line Items]
Recoverable amount of asset or cash-generating unit	(1,913)
Growth rate used to extrapolate cash flow projections Mexico	€ (1,067)
[1]	(*)The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows.

Note 18 Impairment test assum_2

Note 18 Impairment test assumptions CGU goodwill in Turkey (Details) - TURKEY		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Impairment test assumptions Turkey [Line Items]
Discount rate applied to cash flow projections	[1]	27.70%	21.00%	17.40%
Growth rate used to extrapolate cash flow projections		7.00%	7.00%	7.00%
[1]	(*) After tax discount rates.

Note 18 Sensitivity analysis _2

Note 18 Sensitivity analysis for main assumptions Turkey (Details) - TURKEY € in Millions	Dec. 31, 2021EUR (€)	[1]
Increase of 50 basis points [Member]
Sensitivity analysis for main assumptions Turkey [Line Items]
Recoverable amount of asset or cash-generating unit	€ (84)
Growth rate used to extrapolate cash flow projections Turkey	14
Decrease of 50 basis points [Member]
Sensitivity analysis for main assumptions Turkey [Line Items]
Recoverable amount of asset or cash-generating unit	(88)
Growth rate used to extrapolate cash flow projections Turkey	€ (13)
[1]	(*) The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows.

Note 18 Impairment test assum_3

Note 18 Impairment test assumptions CGU goodwill in USA (Details) - UNITED STATES		Dec. 31, 2020	Dec. 31, 2019
Impairment test assumptions USA [Line Items]
Discount rate applied to cash flow projections	[1]	10.30%	10.00%
Growth rate used to extrapolate cash flow projections		3.00%	3.50%
[1]	(*) After tax discount rates.

Note 18 Other Intangible Assets

Note 18 Other Intangible Assets (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other intangible assets [Line Items]
Other intangible assets	€ 1,379	€ 1,435	€ 2,010
Computer software [member]
Other intangible assets [Line Items]
Other intangible assets	1,239	1,202	1,598
Intangible Assets With Indefinite Useful Life
Other intangible assets [Line Items]
Other intangible assets	12	12	11
Intangible assets with definite useful life [Member]
Other intangible assets [Line Items]
Other intangible assets	€ 128	€ 221	€ 401

Note 18 Changes in other intang

Note 18 Changes in other intangible assets (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other intangible assets [Line Items]
Other intangible assets		€ 1,435	€ 2,010
Other intangible assets		1,379	1,435	€ 2,010
Computer software [member]
Other intangible assets [Line Items]
Other intangible assets		1,202	1,598	1,605
Additions other than through business combinations, intangible assets other than goodwill		470	452	525
Amortisation, intangible assets other than goodwill		(446)	(448)	(447)
Amortization transfer to discontinued operations	[1]	0	(77)	(106)
Increase (decrease) through net exchange differences, intangible assets and goodwill		29	(38)	32
Impairment		(15)	(6)	(11)
Decreases by companies held for sale other intangible assets	[1]	0	(279)	0
Other intangible assets		1,239	1,202	1,598
Other intangible assets [member]
Other intangible assets [Line Items]
Other intangible assets		233	412	529
Additions other than through business combinations, intangible assets other than goodwill		0	8	8
Amortisation, intangible assets other than goodwill		(48)	(59)	(63)
Amortization transfer to discontinued operations	[1]	0	(3)	(4)
Increase (decrease) through net exchange differences, intangible assets and goodwill		(45)	(91)	(58)
Impairment		0	0	(1)
Decreases by companies held for sale other intangible assets	[1]	0	(34)	0
Other intangible assets		140	233	412
Total of intangible assets [Member]
Other intangible assets [Line Items]
Other intangible assets		1,435	2,010	2,134
Additions other than through business combinations, intangible assets other than goodwill		470	460	533
Amortisation, intangible assets other than goodwill		(494)	(507)	(510)
Amortization transfer to discontinued operations	[1]	0	(80)	(110)
Increase (decrease) through net exchange differences, intangible assets and goodwill		(16)	(129)	(25)
Impairment		(15)	(6)	(12)
Decreases by companies held for sale other intangible assets	[1]	0	(313)	0
Other intangible assets		€ 1,379	€ 1,435	€ 2,010
[1]	(*) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).

Note 19 Reconciliation of taxat

Note 19 Reconciliation of taxation at the Spanish corporation tax rate to the tax expense recorded for the year (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Taxation at Spanish corporation tax rate 30 percent [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 2,519	€ 1,073	€ 1,920
Effective tax percentage on reconciliation
Lower effective tax rate from foreign entities [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation	[1]	€ (332)	€ (181)	€ (381)
Effective tax percentage on reconciliation	[1]
Lower effective tax rate from foreign entities [Member] | MEXICO
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ (109)	€ (32)	€ (112)
Effective tax percentage on reconciliation		27.00%	29.00%	27.00%
Lower effective tax rate from foreign entities [Member] | CHILE
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ (5)	€ (2)	€ (2)
Effective tax percentage on reconciliation		22.00%	23.00%	27.00%
Lower effective tax rate from foreign entities [Member] | COLOMBIA
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 0	€ 3	€ 6
Effective tax percentage on reconciliation		30.00%	31.00%	32.00%
Lower effective tax rate from foreign entities [Member] | PERU
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 5	€ (7)	€ (12)
Effective tax percentage on reconciliation		31.00%	28.00%	28.00%
Lower effective tax rate from foreign entities [Member] | TURKEY
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ (125)	€ (73)	€ (86)
Effective tax percentage on reconciliation		23.00%	25.00%	23.00%
Lower effective tax rate from foreign entities [Member] | UNITED STATES
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ (62)	€ (75)	€ (97)
Effective tax percentage on reconciliation		19.00%	16.00%	17.00%
Lower effective tax rate from foreign entities [Member] | Other Countries [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ (36)	€ 5	€ (78)
Effective tax percentage on reconciliation
Revenues with lower tax rate dividends capital gains [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ (30)	€ (49)	€ (49)
Effective tax percentage on reconciliation
Equity accounted earnings [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 0	€ 12	€ 18
Effective tax percentage on reconciliation
USA Sale effect [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 544		€ 0
Effective tax percentage on reconciliation
Other effects Reconciliation [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation	[2]	€ 80	€ 661	€ 545
Effective tax percentage on reconciliation	[2]
Reconciliation profit or loss before tax [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 8,399	€ 3,576	€ 6,398
Effective tax percentage on reconciliation
Reconciliation profit or loss before tax [Member] | Profit loss before tax from continuing operations [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 7,247	€ 5,248	€ 7,046
Effective tax percentage on reconciliation
Reconciliation profit or loss before tax [Member] | Profit loss before tax from discontinued operations [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 1,152	€ (1,672)	€ (648)
Effective tax percentage on reconciliation
Reconciliation income tax [Member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 2,781	€ 1,516	€ 2,053
Effective tax percentage on reconciliation
Reconciliation income tax [Member] | Continuing operations [member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 1,909	€ 1,459	€ 1,943
Effective tax percentage on reconciliation
Reconciliation income tax [Member] | Discontinued operations [member]
Tax effect of foreign tax rates reconciliation [Line Items]
Amount of reconciliation		€ 872	€ 57	€ 110
Effective tax percentage on reconciliation
[1]	(*) Calculated by applying the difference between the tax rate in force in Spain and the one applied to the Group’s earnings in each jurisdiction.
[2]	(**) In 2020 and 2019, related mainly to the impact of the goodwill impairment of the United States' CGU that amounted to €2,084 and €1,318 million respectively. These impacts did not have associated any Corporate Income Tax (CIT) expense credit (once the 30% tax rate is applied, the effect amounted to €625 and €395 million, respectively).

Note 19 Effective tax rate (Det

Note 19 Effective tax rate (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Consolidated tax group in Spain [Member]
Effective tax rate [Line Items]
Effective tax rate	€ 655	€ 259	€ (718)
Other Spanish entities [Member]
Effective tax rate [Line Items]
Effective tax rate	5	7	7
Foreign entities [Member]
Effective tax rate [Line Items]
Effective tax rate	6,587	4,982	7,757
Total effective tax rate [Member]
Effective tax rate [Line Items]
Effective tax rate	€ 7,247	€ 5,248	€ 7,046
Effective tax rate [Member]
Effective tax rate [Line Items]
Percentage effective tax rate	26.30%	27.80%	27.60%

Note 19 Tax recognized in total

Note 19 Tax recognized in total equity (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Tax recognized in total equity [Line Items]
Tax recognized in total equity	€ (207)	€ (273)	€ (170)
Debt securities [Member]
Tax recognized in total equity [Line Items]
Tax recognized in total equity	(174)	(230)	(130)
Equity investments [member]
Tax recognized in total equity [Line Items]
Tax recognized in total equity	€ (33)	€ (43)	€ (40)

Note 19 Tax assets and liabilit

Note 19 Tax assets and liabilities (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Tax assets and liabilities [Line Items]
Current tax assets	€ 932	€ 1,199	€ 1,765
Deferred tax assets	14,917	15,327	15,318
Tax assets	15,850	16,526	17,083
Current tax liabilities	644	545	880
Deferred tax liabilities	1,769	1,809	1,928
Tax liabilities	2,413	2,355	2,808
Pensions [Member]
Tax assets and liabilities [Line Items]
Deferred tax assets	416	439	456
Financial instruments [Member]
Tax assets and liabilities [Line Items]
Deferred tax assets	1,408	1,292	1,386
Deferred tax liabilities	1,124	908	1,014
Loss allowances [Member]
Tax assets and liabilities [Line Items]
Deferred tax assets	1,676	1,683	1,636
Other [Member]
Tax assets and liabilities [Line Items]
Deferred tax assets	1,101	1,069	1,045
Deferred tax liabilities	645	901	914
Secured tax assets [Member]
Tax assets and liabilities [Line Items]
Deferred tax assets	9,304	9,361	9,363
Tax losses [Member]
Tax assets and liabilities [Line Items]
Deferred tax assets	€ 1,012	€ 1,483	€ 1,432

Note 19 Deferred tax assets and

Note 19 Deferred tax assets and liabilities annual variations (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred assets [Member]
Deffered tax assets and liabilities [Line Items]
Deferred tax assets and liabilities	€ 15,327	€ 15,318	€ 15,316
Deferred tax pensions	(23)	(17)	51
Deferred tax financials instruments	116	(94)	(15)
Deferred tax loss allowances	(7)	47	261
Deferred tax others	32	24	(247)
Deferred tax guaranteed tax assets	(57)	(2)	0
Deferred tax tax losses	(471)	51	(48)
Deferred tax assets and liabilities	14,917	15,327	15,318
Deferred liabilities [Member]
Deffered tax assets and liabilities [Line Items]
Deferred tax assets and liabilities	1,809	1,928	2,046
Deferred tax pensions	0	0	0
Deferred tax financials instruments	216	(106)	(122)
Deferred tax loss allowances	0	0	0
Deferred tax others	(256)	(13)	4
Deferred tax guaranteed tax assets	0	0	0
Deferred tax tax losses	0	0	0
Deferred tax assets and liabilities	€ 1,769	€ 1,809	€ 1,928

Note 19 Secured tax assets (Det

Note 19 Secured tax assets (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Secured tax assets [Line Items]
Secured pensions tax assets	€ 1,759	€ 1,924	€ 1,924
Secured loss allowances tax assets	7,545	7,437	7,439
Total secured tax assets	€ 9,304	€ 9,361	€ 9,363

Note 20 Other assets and liabil

Note 20 Other assets and liabilities (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other assets [Line Items]
Inventories	€ 424	€ 572	€ 581
Items in course of collection from other banks	131	160	138
Other Assets Accruals	730	756	804
Other assets other items	649	1,025	2,277
Other assets	1,934	2,513	3,800
Other liabilities [Line Items]
Other Liabilities Transactions In Progress	48	75	39
Other Liabilities Accruals	2,137	1,584	2,456
Other items liabilities	1,436	1,144	1,247
Other liabilities	€ 3,621	€ 2,802	€ 3,742

Note 21 Non Current Assets And

Note 21 Non Current Assets And Disposal Groups Classified As Held For Sale Breakdown By Items (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Non current assets and disposal groups classified as held for sale breakdown by items [Line Items]
Non-current assets or disposal groups classified as held for sale		€ (1,061)	€ (85,987)	€ (3,079)
Liabilities included in disposal groups classified as held for sale		0	75,446	1,554
Foreclosures and recoveries [Member]
Non current assets and disposal groups classified as held for sale breakdown by items [Line Items]
Non-current assets or disposal groups classified as held for sale		(1,218)	(1,398)	(1,647)
Other assets from tangible assets [Member]
Non current assets and disposal groups classified as held for sale breakdown by items [Line Items]
Non-current assets or disposal groups classified as held for sale	[1]	(563)	(480)	(310)
Companies held for sale [Member]
Non current assets and disposal groups classified as held for sale breakdown by items [Line Items]
Non-current assets or disposal groups classified as held for sale	[2]	(41)	(84,792)	(1,716)
Liabilities included in disposal groups classified as held for sale	[2]	0	75,446	1,554
Accrued amortization [Member]
Non current assets and disposal groups classified as held for sale breakdown by items [Line Items]
Non-current assets or disposal groups classified as held for sale	[3]	(112)	(89)	(51)
Impairment losses [Member]
Non current assets and disposal groups classified as held for sale breakdown by items [Line Items]
Non-current assets or disposal groups classified as held for sale	[1]	€ (650)	€ (594)	€ (543)
[1]	(*) In 2021, it includes the reclassification of owned offices and facilities from "tangible assets" to "non-current assets and disposal groups classified as held for sale" and the adjustments due to the closing of the owned offices and the decommissioning of facilities after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 24 and 50).
[2]	(**) It includes mainly BBVA’s stake in BBVA USA in 2020 and BBVA's stake in BBVA Paraguay in 2019 (see Note 3).
[3]	(***) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale".

Note 21 Condensed balance sheet

Note 21 Condensed balance sheets of companies sold in the USA subsidiary (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Condensed balance sheets of companies sold in the USA subsidiary [Line Items]
Cash and cash equivalents	€ 67,799	€ 65,520	€ 44,303
Current financial assets at fair value through profit or loss, classified as held for trading	123,493	105,878	99,469
Financial assets at fair value through profit or loss, mandatorily measured at fair value	6,086	5,198	5,557
Financial assets at fair value through other comprehensive income	60,421	69,440	61,183
Financial assets at amortised cost	372,676	367,668	439,162
Derivative financial assets held for hedging	1,805	1,991	1,729
Tangible assets	7,298	7,823	10,068	€ 7,229
Intangible assets and goodwill	2,197	2,345	6,966
Tax assets	15,850	16,526	17,083
Other assets	1,934	2,513	3,800
Non-current assets or disposal groups classified as held for sale	1,061	85,987	3,079
Assets	662,885	733,797	695,471
Current financial liabilities at fair value through profit or loss, classified as held for trading	91,135	84,109	86,414
Financial liabilities at amortised cost	487,893	490,606	516,641
Derivative financial liabilities held for hedging	2,626	2,318	2,233
Provisions	5,889	6,141	6,538
Tax liabilities	2,413	2,355	2,808
Other liabilities	3,621	2,802	3,742
Liabilities	614,125	683,777	640,546
Actuarial gains or losses on defined benefit pension plans	(998)	(1,474)	(1,498)
Hedge of net investments in foreign operations effective portion	(146)	(62)	(896)
Foreign currency translation	(14,988)	(14,185)	(9,147)
Hedging derivatives. Cash flow hedges effective portion	(533)	10	(44)
Accumulated other comprehensive income	(16,476)	(14,356)	(10,226)
Sold USA subsidiary [Member]
Condensed balance sheets of companies sold in the USA subsidiary [Line Items]
Cash and cash equivalents	0	11,368	5,678
Current financial assets at fair value through profit or loss, classified as held for trading	0	821	513
Financial assets at fair value through profit or loss, mandatorily measured at fair value	0	13	18
Financial assets at fair value through other comprehensive income	0	4,974	6,834
Financial assets at amortised cost	0	61,558	62,860
Derivative financial assets held for hedging	0	9	10
Tangible assets	0	799	900
Intangible assets and goodwill	0	1,949	4,183
Tax assets	0	360	263
Other assets	0	1,390	1,463
Non-current assets or disposal groups classified as held for sale	0	16	31
Assets	0	83,257	82,751
Current financial liabilities at fair value through profit or loss, classified as held for trading	0	98	94
Financial liabilities at amortised cost	0	73,132	70,438
Derivative financial liabilities held for hedging	0	2	11
Provisions	0	157	186
Tax liabilities	0	201	87
Other liabilities	0	492	464
Liabilities	0	74,082	71,279
Actuarial gains or losses on defined benefit pension plans	0	(66)	(80)
Hedge of net investments in foreign operations effective portion	0	(432)	(432)
Foreign currency translation	0	801	1,576
Hedging derivatives. Cash flow hedges effective portion	0	250	81
Fair value changes of debt instruments measured at fair value through other comprehensive income	0	70	(11)
Accumulated other comprehensive income	€ 0	€ 622	€ 1,134

Note 21 Condensed consolidated

Note 21 Condensed consolidated income statements of companies sold in the USA subsidiary (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020	Dec. 31, 2019
Condensed consolidated income statements of companies sold in the USA subsidiary [Line Items]
Interest income		€ 23,015		€ 22,389	€ 27,762
Interest expense		(8,329)		(7,797)	(11,972)
Interest income (expense)		14,686		14,592	15,789
Dividend income		176		137	153
Fee and commission income		6,997		5,980	6,786
Fee and commission expense		(2,232)		(1,857)	(2,284)
Gains or losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss net		134		139	186
Gains or losses on financial liabilities and liabilities held for trading net		341		777	419
Gains (losses) on financial assets at fair value through profit or loss, mandatorily measured at fair value		432		208	143
Gains or losses on financial assets and liabilities designated at fair value through profit or loss net		335		56	(98)
Gains (losses) on hedging instrument, fair value hedges		(214)		7	55
Gains (losses) on exchange differences on translation, net of tax		883		359	581
Miscellaneous other operating income		661		492	639
Miscellaneous other operating expense		(2,041)		(1,662)	(1,943)
Gross profit		21,066		20,166	21,522
Administrative expenses		(8,296)		(7,799)	(8,769)
Depreciation and amortisation expense		1,234		1,288	1,386
Provision or reversal of provisions		(1,018)		(746)	(614)
Impairment loss on financial assets		(3,034)		(5,179)	(3,552)
Profit (loss) from operating activities		7,484		5,153	7,202
Impairment or reversal of impairment investments in subsidiaries joint ventures and associates		0		(190)	(46)
Gains(losses) on derecognized of non financial assets and subsidiaries net		24		(7)	(5)
Profit or loss from non current assets and disposal groups classified as held for sale not qualifying as discontinued operations		(40)		444	23
Profit (loss) before tax		7,247		5,248	7,046
Tax expense (income)		(1,909)		(1,459)	(1,943)
Profit (loss) from continuing operations		5,338		3,789	5,103
Profit (loss) from discontinued operations		280		(1,729)	(758)
Profit (loss)		5,618		2,060	4,345
Profit (loss), attributable to non-controlling interests		965		756	833
Profit (loss), attributable to owners of parent		4,653		1,305	3,512
Sold USA subsidiary [Member]
Condensed consolidated income statements of companies sold in the USA subsidiary [Line Items]
Interest income		974	[1]	2,638	3,221
Interest expense		(53)	[1]	(429)	(887)
Interest income (expense)		921	[1]	2,209	2,335
Dividend income		2	[1]	4	10
Fee and commission income		285	[1]	677	736
Fee and commission expense		(86)	[1]	(183)	(205)
Gains or losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss net		(4)	[1]	19	54
Gains or losses on financial liabilities and liabilities held for trading net		26	[1]	90	30
Gains (losses) on financial assets at fair value through profit or loss, mandatorily measured at fair value		2	[1]	8	0
Gains or losses on financial assets and liabilities designated at fair value through profit or loss net		2	[1]	5	3
Gains (losses) on hedging instrument, fair value hedges		(1)	[1]	4	4
Gains (losses) on exchange differences on translation, net of tax		5	[1]	19	5
Miscellaneous other operating income		9	[1]	19	32
Miscellaneous other operating expense		(30)	[1]	(63)	(64)
Gross profit		1,132	[1]	2,808	2,941
Administrative expenses		(661)	[1]	(1,462)	(1,534)
Depreciation and amortisation expense		80	[1]	205	214
Provision or reversal of provisions		4	[1]	2	(3)
Impairment loss on financial assets		(66)	[1]	(729)	(521)
Profit (loss) from operating activities		330	[1]	413	670
Impairment or reversal of impairment investments in subsidiaries joint ventures and associates		0	[1]	(2,084)	(1,318)
Gains(losses) on derecognized of non financial assets and subsidiaries net		(2)	[1]	(3)	2
Profit or loss from non current assets and disposal groups classified as held for sale not qualifying as discontinued operations		3	[1]	2	(2)
Profit (loss) before tax		330	[1]	(1,671)	(648)
Tax expense (income)		(80)	[1]	(57)	(110)
Profit (loss) from continuing operations		250	[1]	(1,729)	(758)
Profit (loss) from discontinued operations		29	[1]	0	0
Profit (loss)		280	[1]	(1,729)	(758)
Profit (loss), attributable to non-controlling interests		0	[1]	0	0
Profit (loss), attributable to owners of parent	[2]	€ 280	[1]	€ (1,729)	€ (758)
[1]	(*) Corresponds to the first five months of 2021 (See Notes 1.3 and 3).
[2]	(**) Cumulative profit net of taxes earned and recognized by BBVA Group in relation to the sale of BBVA USA Bancshares has been €582 million, corresponding to the results generated by the entities within the scope of the sale agreement from the date of the agreement to the closing date of the agreement, plus the profit after tax on the sale as of the closing.

Note 21 Condensed statements of

Note 21 Condensed statements of cash flows of companies held for sale in the USA subsidiary (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020	Dec. 31, 2019
Condensed statements of cash flows of companies held for sale in the USA subsidiary [Line Items]
Effect of exchange rate changes on cash and cash equivalents	€ (1,864)		€ (4,658)	€ (634)
Sold USA subsidiary [Member]
Condensed statements of cash flows of companies held for sale in the USA subsidiary [Line Items]
Cash flows from (used in) operating activities, continuing operations	62	[1]	6,874	3,888
Cash flows from (used in) investing activities, continuing operations	(34)	[1]	(145)	(133)
Cash flows from (used in) financing activities, continuing operations	(26)	[1]	(65)	(468)
Effect of exchange rate changes on cash and cash equivalents	60	[1]	(974)	65
Increase (decrease) in cash and cash equivalents	€ 62	[1]	€ 5,690	€ 3,352
[1]	(*) Corresponds to the first five months of 2021 (See Notes 1.3 and 3).

Note 21 Effects of disposal on

Note 21 Effects of disposal on the financial position of the group (Details) - EUR (€) € in Millions	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Effects of disposal on the financial position on the group [Line Items]
Cash and cash equivalents	€ (67,799)		€ (65,520)	€ (44,303)
Current financial assets at fair value through profit or loss, classified as held for trading	(123,493)		(105,878)	(99,469)
Financial assets at fair value through profit or loss, mandatorily measured at fair value	(6,086)		(5,198)	(5,557)
Financial assets at fair value through other comprehensive income	(60,421)		(69,440)	(61,183)
Financial assets at amortised cost	(372,676)		(367,668)	(439,162)
Derivative financial assets held for hedging	(1,805)		(1,991)	(1,729)
Tangible assets	(7,298)		(7,823)	(10,068)	€ (7,229)
Intangible assets and goodwill	(2,197)		(2,345)	(6,966)
Tax assets	(15,850)		(16,526)	(17,083)
Other assets	(1,934)		(2,513)	(3,800)
Non-current assets or disposal groups classified as held for sale	(1,061)		(85,987)	(3,079)
Assets	(662,885)		(733,797)	(695,471)
Current financial liabilities at fair value through profit or loss, classified as held for trading	91,135		84,109	86,414
Financial liabilities at amortised cost	487,893		490,606	516,641
Provisions	5,889		6,141	6,538
Tax liabilities	2,413		2,355	2,808
Other liabilities	3,621		2,802	3,742
Liabilities	€ 614,125		€ 683,777	€ 640,546
Sold USA subsidiary [Member]
Effects of disposal on the financial position on the group [Line Items]
Cash and cash equivalents		€ (11,476)
Current financial assets at fair value through profit or loss, classified as held for trading		(638)
Financial assets at fair value through profit or loss, mandatorily measured at fair value		(15)
Financial assets at fair value through other comprehensive income		(4,620)
Financial assets at amortised cost		(61,440)
Derivative financial assets held for hedging		(8)
Tangible assets		(788)
Intangible assets and goodwill		(1,938)
Tax assets		(349)
Other assets		(1,439)
Non-current assets or disposal groups classified as held for sale		(10)
Assets		(82,720)
Current financial liabilities at fair value through profit or loss, classified as held for trading		129
Financial liabilities at amortised cost		72,357
Provisions		156
Tax liabilities		207
Other liabilities		491
Liabilities		73,341
Total net assets liabilities		€ (9,378)

Note 21 Effects on net cash out

Note 21 Effects on net cash outflows from discontinued operations USA (Details) € in Millions	Jun. 30, 2021EUR (€)
Effects on net cash inflows from discontinued operations USA [Line Items]
Consideration received satisfied in cash USA	€ 9,512
Sold USA subsidiary [Member]
Effects on net cash inflows from discontinued operations USA [Line Items]
Consideration received satisfied in cash USA	9,512
Cash and cash equivalents disposed of held for sale USA financial position	(11,476)
Total net cash inflows from discontinued operations USA financial position	€ (1,964)

Note 21 Effect on the divestmen

Note 21 Effect on the divestment of the most significant sales of non current assets for sale of the bbva group reflected in the condensed consolidated statement of cash flows (Details) - EUR (€) € in Millions	Dec. 31, 2021	Jun. 30, 2021
Effect on the divestment of the most significant sales of non current assets for sale of the bbva group reflected in the condensed consolidated statement of cash flows [Line Items]
Consideration received satisfied in cash USA		€ 9,512
Consideration received satisfied in cash Divarian	€ 513
Consideration received satisfied in cash Paraguay	210
Other collections from non current assets and liabilities for sale	435
Total cash received from non current assets and liabilities for sale	€ 10,670

Note 21 Non current assets an_2

Note 21 Non current assets and disposal groups classified as held for sale changes in the year (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale		€ 85,987	€ 3,079
Non-current assets or disposal groups classified as held for sale		1,061	85,987	€ 3,079
Cost [Member]
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale		86,581	3,622	2,629
Additions		768	83,551	2,351
Contributions from merger transactions		0	0	2
Retirements sales and other decreases		(83,509)	(523)	(1,229)
Transfers other movements and exchage differences		(2,128)	(48)	(131)
Disposals by companies held for sale		0	(21)	0
Non-current assets or disposal groups classified as held for sale		1,711	86,581	3,622
Impairment [Member]
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale		594	543	628
Additions		97	103	72
Contributions from merger transactions		0	0	0
Retirements sales and other decreases		(78)	(69)	(186)
Transfers other movements and exchage differences		36	18	24
Disposals by companies held for sale		0	(1)
Additions transfer to discontinued operations		0	0	5
Non-current assets or disposal groups classified as held for sale		650	594	543
Balance at the end of net carrying value		1,061	85,987	3,079
Foreclosed assets [Member] | Cost [Member]
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale		1,398	1,648	2,211
Additions		245	285	665
Contributions from merger transactions		0	0	2
Retirements sales and other decreases		(298)	(288)	(1,023)
Transfers other movements and exchage differences		(127)	(228)	(207)
Disposals by companies held for sale		0	(19)	0
Non-current assets or disposal groups classified as held for sale		1,218	1,398	1,648
Foreclosed assets [Member] | Impairment [Member]
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale		386	411	504
Additions		36	74	67
Contributions from merger transactions		0	0	0
Retirements sales and other decreases		(65)	(56)	(164)
Transfers other movements and exchage differences		24	(42)	(1)
Disposals by companies held for sale		0	(1)
Additions transfer to discontinued operations		0	0	5
Non-current assets or disposal groups classified as held for sale		381	386	411
Balance at the end of net carrying value		837	1,012	1,237
Property, plant and equipment [member] | Cost [Member]
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale	[1]	391	258	389
Additions	[1]	0	0	10
Contributions from merger transactions	[1]	0	0	0
Retirements sales and other decreases	[1]	(39)	(45)	(206)
Transfers other movements and exchage differences	[1]	100	180	65
Disposals by companies held for sale	[1]	0	(2)	0
Non-current assets or disposal groups classified as held for sale	[1]	452	391	258
Property, plant and equipment [member] | Impairment [Member]
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale	[1]	208	132	124
Additions	[1]	62	29	5
Contributions from merger transactions	[1]	0	0	0
Retirements sales and other decreases	[1]	(13)	(13)	(22)
Transfers other movements and exchage differences	[1]	12	60	25
Disposals by companies held for sale	[1]	0	0
Additions transfer to discontinued operations	[1]	0	0	0
Non-current assets or disposal groups classified as held for sale	[1]	269	208	132
Balance at the end of net carrying value	[1]	183	183	126
Companies held for sale [Member] | Cost [Member]
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale	[2]	84,792	1,716	29
Additions	[2]	522	83,266	1,676
Contributions from merger transactions	[2]	0	0	0
Retirements sales and other decreases	[2]	(83,172)	(190)	0
Transfers other movements and exchage differences	[2]	(2,100)	0	11
Disposals by companies held for sale	[2]		0
Non-current assets or disposal groups classified as held for sale	[2]	41	84,792	1,716
Companies held for sale [Member] | Impairment [Member]
Non current assets and disposal groups classified as held for sale changes in the year [Line Items]
Non-current assets or disposal groups classified as held for sale	[2]	0	0	0
Additions	[2]	0	0	0
Contributions from merger transactions	[2]	0	0	0
Retirements sales and other decreases	[2]	0	0	0
Transfers other movements and exchage differences	[2]	0	0	0
Disposals by companies held for sale	[2]	0	0	0
Additions transfer to discontinued operations	[2]	0	0	0
Non-current assets or disposal groups classified as held for sale	[2]	0	0	0
Balance at the end of net carrying value	[2]	€ 41	€ 84,792	€ 1,716
[1]	(*) Net of accumulated amortization until assets were reclassified as “Non-current assets and disposal groups classified as held for sale”.
[2]	(** ) In 2020, the variation corresponds mainly to the USA Sale agreement of BBVA USA and in 2019 to the BBVA's stake in BBVA Paraguay (see Note 3).

Note 22 Financial liabilities a

Note 22 Financial liabilities at amortised cost (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial liabilities at amortised cost [Line Items]
Total deposits at amortised cost		€ 416,947	€ 415,467	€ 438,919
Liabilities due to central banks		47,351	45,177	25,950
Deposits from banks		19,834	27,629	28,751
Deposits from customers	[1]	349,761	342,661	384,219
Debt instruments issued		55,763	61,780	63,963
Other financial liabilities		15,183	13,358	13,758
Financial liabilities at amortised cost		487,893	490,606	516,641
Demand Deposits [Member]
Financial liabilities at amortised cost [Line Items]
Liabilities due to central banks		8	163	23
Deposits from banks		7,601	7,196	7,161
Deposits from customers		293,015	266,250	280,391
Time depostis and other [Member]
Financial liabilities at amortised cost [Line Items]
Liabilities due to central banks		41,790	38,274	25,101
Deposits from banks	[2]	8,599	16,079	18,896
Deposits from customers	[2]	55,479	75,666	103,293
Repurchase Agreements [Member]
Financial liabilities at amortised cost [Line Items]
Liabilities due to central banks		5,553	6,740	826
Deposits from banks		3,634	4,354	2,693
Deposits from customers		€ 1,267	€ 746	€ 535
[1]	(*) Variation in 2020 is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
[2]	(**) The variation in 2021 is mainly due to the decrease in time deposits at Banco Bilbao Vizcaya Argentaria, S.A. offset by the increase in demand deposits and investment funds (off-balance) due to the current interest rate environment.

Note 22 Deposits from banks (De

Note 22 Deposits from banks (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		€ 19,834	€ 27,629	€ 28,751
SPAIN
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		2,047	1,751	3,218
UNITED STATES
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks				6,377
MEXICO
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		1,002	1,549	1,634
TURKEY
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		792	617	924
South America [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		1,757	2,041	2,840
Europe [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		7,500	11,444	9,190
Rest of the world [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		6,736	10,228	4,568
Demand Deposits [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		7,601	7,196	7,161
Demand Deposits [Member] | SPAIN
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		1,671	345	2,104
Demand Deposits [Member] | UNITED STATES
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks				2,082
Demand Deposits [Member] | MEXICO
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		444	689	432
Demand Deposits [Member] | TURKEY
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		83	8	302
Demand Deposits [Member] | South America [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		532	557	394
Demand Deposits [Member] | Europe [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		1,841	2,842	1,652
Demand Deposits [Member] | Rest of the world [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		3,030	2,755	194
Deposits With Agreed Maturity [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks	[1]	8,599	16,079	18,896
Deposits With Agreed Maturity [Member] | SPAIN
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks	[1]	375	1,405	1,113
Deposits With Agreed Maturity [Member] | UNITED STATES
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks	[1]			4,295
Deposits With Agreed Maturity [Member] | MEXICO
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks	[1]	558	672	1,033
Deposits With Agreed Maturity [Member] | TURKEY
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks	[1]	672	580	617
Deposits With Agreed Maturity [Member] | South America [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks	[1]	1,225	1,484	2,285
Deposits With Agreed Maturity [Member] | Europe [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks	[1]	3,110	4,531	5,180
Deposits With Agreed Maturity [Member] | Rest of the world [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks	[1]	2,657	7,406	4,374
Repurchase Agreements [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		3,634	4,354	2,693
Repurchase Agreements [Member] | SPAIN
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		0	1	1
Repurchase Agreements [Member] | UNITED STATES
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks				0
Repurchase Agreements [Member] | MEXICO
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		0	188	168
Repurchase Agreements [Member] | TURKEY
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		37	28	4
Repurchase Agreements [Member] | South America [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		0	0	161
Repurchase Agreements [Member] | Europe [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		2,549	4,070	2,358
Repurchase Agreements [Member] | Rest of the world [Member]
Deposits From Banks Breakdown By Geography [Line Items]
Deposits from banks		€ 1,048	€ 67	€ 0
[1]	(*) Subordinated deposits are included amounting to €14, €12 and €195 million as of December 31, 2021, 2020 and 2019, respectively.

Note 22 Customer Deposits (Deta

Note 22 Customer Deposits (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[1]	€ 349,761	€ 342,661	€ 384,219
SPAIN
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		191,974	188,757	171,611
UNITED STATES
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers				66,181
MEXICO
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		64,247	54,398	56,564
TURKEY
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		33,376	34,621	36,042
South America [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		37,861	36,989	36,661
Europe [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		19,234	21,427	15,360
Rest of the world [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		3,070	6,468	1,801
Demand Deposits [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		293,015	266,250	280,391
Demand Deposits [Member] | SPAIN
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		181,565	168,690	146,651
Demand Deposits [Member] | UNITED STATES
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers				46,372
Demand Deposits [Member] | MEXICO
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		53,359	43,768	43,326
Demand Deposits [Member] | TURKEY
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		19,725	17,906	13,775
Demand Deposits [Member] | South America [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		28,039	25,730	22,748
Demand Deposits [Member] | Europe [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		8,933	8,435	6,610
Demand Deposits [Member] | Rest of the world [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		1,393	1,720	909
Deposits With Agreed Maturity [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[2]	55,479	75,666	103,293
Deposits With Agreed Maturity [Member] | SPAIN
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[2]	10,407	20,065	24,958
Deposits With Agreed Maturity [Member] | UNITED STATES
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[2]			19,810
Deposits With Agreed Maturity [Member] | MEXICO
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[2]	10,383	10,514	12,714
Deposits With Agreed Maturity [Member] | TURKEY
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[2]	13,644	16,707	22,257
Deposits With Agreed Maturity [Member] | South America [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[2]	9,822	11,259	13,913
Deposits With Agreed Maturity [Member] | Europe [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[2]	9,546	12,373	8,749
Deposits With Agreed Maturity [Member] | Rest of the world [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers	[2]	1,677	4,748	892
Repurchase Agreements [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		1,267	746	535
Repurchase Agreements [Member] | SPAIN
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		2	2	2
Repurchase Agreements [Member] | UNITED STATES
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers				0
Repurchase Agreements [Member] | MEXICO
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		505	117	523
Repurchase Agreements [Member] | TURKEY
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		6	8	10
Repurchase Agreements [Member] | South America [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		0	0	0
Repurchase Agreements [Member] | Europe [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		754	619	0
Repurchase Agreements [Member] | Rest of the world [Member]
Deposits From Customers By Geographical Area And Instrument [Line Items]
Deposits from customers		€ 0	€ 0	€ 0
[1]	(*) Variation in 2020 is mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
[2]	(*) It includes subordinated deposits amounting to €189 million as of December 31, 2019.

Note 22 Deposits from debt cert

Note 22 Deposits from debt certificates (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt certificates issued [Line Items]
Debt certificates issued		€ 55,763	€ 61,780	€ 63,963
Issued in euros [Member]
Debt certificates issued [Line Items]
Debt certificates issued		36,289	42,462	40,185
Issued in euros [Member] | Promissory bills and notes [Member]
Debt certificates issued [Line Items]
Debt certificates issued		319	860	737
Issued in euros [Member] | Non convertible bonds and debentures [Member]
Debt certificates issued [Line Items]
Debt certificates issued		15,712	14,538	12,248
Issued in euros [Member] | Covered bons [Member]
Debt certificates issued [Line Items]
Debt certificates issued	[1]	9,930	13,274	15,542
Issued in euros [Member] | Hybrid financial instruments [Member]
Debt certificates issued [Line Items]
Debt certificates issued	[2]	366	355	518
Issued in euros [Member] | Securilization bonds [Member]
Debt certificates issued [Line Items]
Debt certificates issued		2,302	2,538	1,354
Issued in euros [Member] | Wholesale funding [Member]
Debt certificates issued [Line Items]
Debt certificates issued		438	2,331	1,817
Issued in euros [Member] | Subordinated liabilities [Member]
Debt certificates issued [Line Items]
Debt certificates issued		7,221	8,566	7,968
Issued in euros [Member] | Convertible perpetual certificates [Member]
Debt certificates issued [Line Items]
Debt certificates issued		3,500	4,500	5,000
Issued in euros [Member] | Non convertible preferred stock [Member]
Debt certificates issued [Line Items]
Debt certificates issued		0	159	83
Issued in euros [Member] | Other non convertible subordinated liabilities [Member]
Debt certificates issued [Line Items]
Debt certificates issued		3,721	3,907	2,885
issued in foreign currency [Member]
Debt certificates issued [Line Items]
Debt certificates issued		19,475	19,318	23,778
issued in foreign currency [Member] | Promissory bills and notes [Member]
Debt certificates issued [Line Items]
Debt certificates issued		579	1,024	1,210
issued in foreign currency [Member] | Non convertible bonds and debentures [Member]
Debt certificates issued [Line Items]
Debt certificates issued		7,885	8,691	10,587
issued in foreign currency [Member] | Covered bons [Member]
Debt certificates issued [Line Items]
Debt certificates issued	[1]	178	217	362
issued in foreign currency [Member] | Hybrid financial instruments [Member]
Debt certificates issued [Line Items]
Debt certificates issued	[2]	2,843	455	1,156
issued in foreign currency [Member] | Securilization bonds [Member]
Debt certificates issued [Line Items]
Debt certificates issued		4	4	17
issued in foreign currency [Member] | Wholesale funding [Member]
Debt certificates issued [Line Items]
Debt certificates issued		412	1,016	780
issued in foreign currency [Member] | Subordinated liabilities [Member]
Debt certificates issued [Line Items]
Debt certificates issued		7,574	7,911	9,666
issued in foreign currency [Member] | Convertible perpetual certificates [Member]
Debt certificates issued [Line Items]
Debt certificates issued		1,771	1,633	1,782
issued in foreign currency [Member] | Non convertible preferred stock [Member]
Debt certificates issued [Line Items]
Debt certificates issued		0	35	76
issued in foreign currency [Member] | Other non convertible subordinated liabilities [Member]
Debt certificates issued [Line Items]
Debt certificates issued		€ 5,803	€ 6,243	€ 7,808
[1]	(*) Including mortgage-covered bonds. In 2021 and 2020, several mortgage-covered bonds reached their maturity date.
[2]	(**) Corresponds to structured note issuances whose underlying risk is different from the underlying risk of the derivative.

Note 22 Memorandum item subordi

Note 22 Memorandum item subordinated liabilities at amortized cost (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Subordinated liabilities at amortized cost [Line Items]
Subordinated deposits	€ 14	€ 12	€ 384
Subordinated certificates	14,794	16,476	17,635
Preferred stock	0	194	159
Compound convertible financial instruments	5,271	6,133	6,782
Other non convertible subordinated liabilities	9,523	10,149	10,693
Total subordinated liabilities at amortized cost	€ 14,808	€ 16,488	€ 18,018

Note 22 Preferred securities by

Note 22 Preferred securities by issuer (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Preferred securities by issuer [Line Items]
Total preferred securities by issuer		€ 0	€ 194	€ 159
BBVA International preferred SAU [Member]
Preferred securities by issuer [Line Items]
Total preferred securities by issuer		0	35	37
Unnim group [Member]
Preferred securities by issuer [Line Items]
Total preferred securities by issuer	[1]	0	159	83
BBVA USA [Member]
Preferred securities by issuer [Line Items]
Total preferred securities by issuer		0	0	19
BBVA Colombia [Member]
Preferred securities by issuer [Line Items]
Total preferred securities by issuer		€ 0	€ 0	€ 20
[1]	(*) Unnim Group: Issuances prior to the acquisition by BBVA.

Note 22 Other Financial Liabili

Note 22 Other Financial Liabilities (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other financial liabilities [Line Items]
Other financial liabilities		€ 15,183	€ 13,358	€ 13,758
Lease liabilities [member]
Other financial liabilities [Line Items]
Other financial liabilities		2,560	2,674	3,335
Creditors for other financial liabilities [Member]
Other financial liabilities [Line Items]
Other financial liabilities		2,657	2,408	2,623
Collection accounts [Member]
Other financial liabilities [Line Items]
Other financial liabilities		3,839	3,275	3,306
Creditors for other payment obligations [Member]
Other financial liabilities [Line Items]
Other financial liabilities	[1]	€ 6,127	€ 5,000	€ 4,494
[1]	(*) In 2021, this heading includes the amount committed for the acquisition of treasury shares under the buyback program (see Notes 2.2.14 and 4).

Note 22 Maturity of future paym

Note 22 Maturity of future payment obligations (Details) € in Millions	Dec. 31, 2021EUR (€)
Maturity of future payment obligations [Line Items]
Maturity of future payment obligations by leases	€ 2,560
Not later than one year [member]
Maturity of future payment obligations [Line Items]
Maturity of future payment obligations by leases	218
Later than one year and not later than three years [member]
Maturity of future payment obligations [Line Items]
Maturity of future payment obligations by leases	406
Later than three years and not later than five years [member]
Maturity of future payment obligations [Line Items]
Maturity of future payment obligations by leases	428
Later than five years [member]
Maturity of future payment obligations [Line Items]
Maturity of future payment obligations by leases	€ 1,507

Note 23 Liabilities Under Insur

Note 23 Liabilities Under Insurance Contracts And Reinsurance Contracts Issued (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of liabilities under insurance contracts and reinsurance contracts [Line Items]
Liabilities under insurance contracts and reinsurance contracts issued		€ 10,865	€ 9,951	€ 10,606
Mathematical reserves member [Member]
Disclosure of liabilities under insurance contracts and reinsurance contracts [Line Items]
Liabilities under insurance contracts and reinsurance contracts issued		9,495	8,731	9,247
Individual life insurance [Member]
Disclosure of liabilities under insurance contracts and reinsurance contracts [Line Items]
Liabilities under insurance contracts and reinsurance contracts issued	[1]	7,265	6,268	6,731
Group insurance [Member]
Disclosure of liabilities under insurance contracts and reinsurance contracts [Line Items]
Liabilities under insurance contracts and reinsurance contracts issued	[2]	2,230	2,463	2,517
Provision for upaid claims reported member [Member]
Disclosure of liabilities under insurance contracts and reinsurance contracts [Line Items]
Liabilities under insurance contracts and reinsurance contracts issued		706	672	641
Provisions for unexpired risks and other provisions [Member]
Disclosure of liabilities under insurance contracts and reinsurance contracts [Line Items]
Liabilities under insurance contracts and reinsurance contracts issued		€ 664	€ 548	€ 718
[1]	(*) Provides coverage in the event of death, disability and / or serious illness.
[2]	(**) The insurance policies purchased by employers (other than BBVA Group) on behalf of its employees.

Note 23 Maturity of liabilities

Note 23 Maturity of liabilities under insurance and reinsurance contracts (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows of liabilities under reinsurance and reinsurance contracts Line Items [Line Items]
Insurance contracts that are liabilities	€ 10,865	€ 9,951	€ 10,606
Not later than one year [member]
Cash flows of liabilities under reinsurance and reinsurance contracts Line Items [Line Items]
Insurance contracts that are liabilities	1,808	1,227	1,571
Later than one year and not later than three years [member]
Cash flows of liabilities under reinsurance and reinsurance contracts Line Items [Line Items]
Insurance contracts that are liabilities	290	950	1,197
Later than three years and not later than five years [member]
Cash flows of liabilities under reinsurance and reinsurance contracts Line Items [Line Items]
Insurance contracts that are liabilities	1,664	1,616	1,806
Later than five years [member]
Cash flows of liabilities under reinsurance and reinsurance contracts Line Items [Line Items]
Insurance contracts that are liabilities	€ 7,103	€ 6,158	€ 6,032

Note 23 Mathematical reserves (

Note 23 Mathematical reserves (Details)		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
6311 Life Insurance [Member] | SPAIN
Mathematical reserves [Line Items]
Mortality tables	[1]	GRMF 80-2, GKM 80 / GKMF 95, PASEM,GKMF 80/95,PERFM 2000	GRMF 80-2, GKM 80 / GKMF 95, PASEM,GKMF 80/95,PERFM 2000	GRMF 80-2, GKMF 80/95. PASEM, PERMF 2000
Average technical interest type	[1]	0.24%- 2,85%	0.25%- 2,87	0.25%- 2.91%
6311 Life Insurance [Member] | MEXICO
Mathematical reserves [Line Items]
Mortality tables	[1]	Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual	Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual	Tables of the Comisión Nacional de Seguros y Fianzas 2000-individual
Average technical interest type	[1]	3.60	2.50	2.50
Group insurance [Member] | SPAIN
Mathematical reserves [Line Items]
Mortality tables	[2]	PERFM 2000	PERFM 2000	PERMF 2000
Average technical interest type	[2]	Depending on the related portfolio	Depending on the related portfolio	Depending on the related portfolio
Group insurance [Member] | MEXICO
Mathematical reserves [Line Items]
Mortality tables	[2]	Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo	Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo	Tables of the Comisión Nacional de Seguros y Fianzas 2000-grupo
Average technical interest type	[2]	5.50	5.50	5.50
[1]	(*) Provides coverage in the case of one or more of the following events: death and disability.
[2]	(**) Insurance policies purchased by companies (other than BBVA Group entities) on behalf of their employees.

Note 24 Provisions Breakdown By

Note 24 Provisions Breakdown By Concepts (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Provisions breakdown by concepts [Line Items]
Provisions for employee benefits		€ 3,576	€ 4,272	€ 4,631	€ 4,787
Other long term employee benefits	[1]	632	49	61
Legal proceedings provision		623	612	677
Provisions For Commitments and Contingent Risks		691	728	711
Other provisions	[2]	366	479	457
Provisions		€ 5,889	€ 6,141	€ 6,538
[1]	(*) The variation is mainly explained by the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A.
[2]	(**) Individually insignificant provisions or contingencies, for various concepts in different geographies.

Note 24 Provisions for pensions

Note 24 Provisions for pensions and similar obligations changes over the year (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes over the year for provisions for pensions and similar obligation [Line Items]
Provisions for employee benefits		€ 4,272	€ 4,631	€ 4,787
Charges to income for the year provisions for pensions and similar obligations balance		141	298	327
Intereset expense and similar charges for pensions		37	44	63
Post-employment benefit expense, defined benefit plans		49	49	49
Provisions expenses for pensions		56	205	215
Increase (decrease) in reimbursement rights related to defined benefit obligation, resulting from gain (loss) on remeasurement	[1]	(206)	191	329
Transfers and other changes	[2]	(21)	(71)	(29)
Benefit payments for pensions		(608)	(654)	(718)
Employer contributions		(4)	(124)	(65)
Provisions for employee benefits		€ 3,576	€ 4,272	€ 4,631
[1]	(*) Correspond to actuarial losses (gains) arising from certain post-employment defined-benefit commitments for pensions recognized in “Equity” (see Note 2.2.11).
[2]	(**) In 2020, it includes the amount of the USA Sale (see Notes 1.3, 3 and 21).

Note 24 Provisions for taxes, l

Note 24 Provisions for taxes, legal contingencies and other provisions changes over the year (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes over the year of provisions for taxes, legal contingencies and other provisions [Line Items]
Provisions for taxes legal contingents and other provisions		€ 1,091	€ 1,134	€ 1,286
Additions of provisions for taxes legal contingents and other provisions	[1]	1,175	555	396
Acquisition of subsidiaries of provisions for taxes legal contingents and other provisions		0	0	0
Unused amounts reversed during the year of provisions for taxes legal contingents and other provisions		(227)	(215)	(96)
Amount used and other variations of provisions for taxes legal contingents and other provisions	[1]	(1,050)	(383)	(453)
Provisions for taxes legal contingents and other provisions		€ 990	€ 1,091	€ 1,134
[1]	(*)In 2021, it includes the initial recognition of the estimated cost of the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A., and the subsequent reclassification from "Other provisions" to "Other long term employee benefits" for the remaining amount at the time of the reclassification.

Note 25 Net defined benefit lia

Note 25 Net defined benefit liability asset on the consolidated balance sheet (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined benefit liabilities or assets on the consolidated balance sheet [Line Items]
Pension commitments		€ 4,218	€ 4,539	€ 5,050
Early retirement commitments		952	1,247	1,486
Medical benefits commitments		1,377	1,562	1,580
Other long term employee benefits	[1]	632	49	61
Defined benefit obligation, at present value		7,180	7,398	8,177
Pension plan assets		1,494	1,608	1,961
Medical benefit plan assets		1,494	1,484	1,532
Plan assets, at fair value	[2]	2,988	3,092	3,493
Total net defined benefit liability assets		4,193	4,305	4,684
Of which net defined net assets on the consolidated balance sheet	[3]	(15)	(16)	(8)
Of which net defined net liability on the consolidated balance sheet for provisions for pensions and similar obligations	[4]	3,576	4,272	4,631
Of which net defined net liability on the consolidated balance sheet for other long term employee benefits	[5]	€ 632	€ 49	€ 61
[1]	(*) The variation is mainly explained by the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A.
[2]	(*) In Turkey, the foundation responsible for managing the benefit commitments holds an additional asset of €165 million as of December 31, 2021 which, in accordance with IFRS regarding the asset ceiling, has not been recognized in the Consolidated Financial Statements, because although it could be used to reduce future pension contributions it could not be immediately refunded to the employer.
[3]	(**) Recorded under the heading “Other Assets - Other” of the consolidated balance sheet (see Note 20).
[4]	(***) Recorded under the heading “Provisions - Provisions for pensions and similar obligations” of the consolidated balance sheet.
[5]	(****) Recorded under the heading “Provisions – Other long-term employee benefits” of the consolidated balance sheet. The variation is mainly explained by the collective layoff procedure that is being carried out at Banco Bilbao Vizcaya Argentaria, S.A.

Note 25 Consolidated Income Sta

Note 25 Consolidated Income Statement Impact (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Consolidated income statement impact [Line Items]
Interest Income And Expense Post employment and other employee benefit commitments		€ 37	€ 44	€ 63
Interest Expenses Benefit Commitments		257	265	293
Interest Income Benefit Commitments		(220)	(220)	(230)
Personnel expense consolidated income statement impact		120	121	143
Defined contribution plan expense		71	72	95
Defined benefit plans expense		49	49	49
Net Provisions post employment and other employee benefit commitments		61	210	213
Early Retirement Expense		100	224	190
Past service cost expense on income statement		(28)	(8)	18
Remeasurements on income statement	[1]	(16)	(11)	7
Other provision expense impact on income statement		6	4	(1)
Total consolidated income statement impact		€ 218	€ 375	€ 419
[1]	(*) Actuarial losses (gains) on remeasurement of the net defined benefit liability relating to early retirements in Spain and other long-term employee benefits that are charged to the income statements (see Note 2.2.12).

Note 25 Equity impact (Details)

Note 25 Equity impact (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Equity impact [Line Items]
Total impact on equity debit credit	€ (206)	€ 191	€ 329
Defined benefit plans equity impact [Member]
Equity impact [Line Items]
Total impact on equity debit credit	52	161	254
Post employment medical benefits equity impact [Member]
Equity impact [Line Items]
Total impact on equity debit credit	€ (257)	€ 30	€ 74

Note 25 Defined benefits (Detai

Note 25 Defined benefits (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Present value of defined benefit obligation [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		€ 7,348	€ 8,116	€ 7,585
Current service cost, defined benefit plans		53	53	52
Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)		253	261	290
Decrease (increase) in net defined benefit liability (asset) resulting from contributions to plan		5	4	4
Contributions to plan by employer, net defined benefit liability (asset)		0	0	0
Increase (decrease) in net defined benefit liability (asset) resulting from past service cost	[1]	75	219	210
Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income		(406)	364	783
Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets excluding interest income or expense	[2]	0	0	0
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions		(121)	57	(15)
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions		(259)	276	688
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from experience adjustments		(27)	30	110
Decrease (increase) in net defined benefit liability (asset) resulting from payments from plan		765	839	905
Decrease (increase) in net defined benefit liability (asset) resulting from payments in respect of settlements		(1)	0	0
Increase (decrease) in net defined benefit liability (asset) resulting from business combinations and disposals	[3]	(2)	(371)	15
Increase (decrease) in net defined benefit liability (asset) resulting from changes in foreign exchange rates, net defined benefit liability (asset)		(24)	(459)	63
Conversions to defined contributions		0	0	0
Increase (decrease) in net defined benefit liability (asset) resulting from other changes		13	1	19
Net assets available for benefits at end of period		6,547	7,348	8,116
Plan assets [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		3,092	3,493	2,839
Current service cost, defined benefit plans		0	0	0
Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)		220	219	230
Decrease (increase) in net defined benefit liability (asset) resulting from contributions to plan		5	4	4
Contributions to plan by employer, net defined benefit liability (asset)		(4)	(124)	(65)
Increase (decrease) in net defined benefit liability (asset) resulting from past service cost	[1]	0	0	0
Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income		(184)	176	454
Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets excluding interest income or expense	[2]	(184)	176	454
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions		0	0	0
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions		0	0	0
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from experience adjustments		0	0	0
Decrease (increase) in net defined benefit liability (asset) resulting from payments from plan		158	185	187
Decrease (increase) in net defined benefit liability (asset) resulting from payments in respect of settlements		(1)	0	0
Increase (decrease) in net defined benefit liability (asset) resulting from business combinations and disposals	[3]	1	(327)	12
Increase (decrease) in net defined benefit liability (asset) resulting from changes in foreign exchange rates, net defined benefit liability (asset)		8	(409)	69
Conversions to defined contributions		0	0	0
Increase (decrease) in net defined benefit liability (asset) resulting from other changes		0	(3)	6
Net assets available for benefits at end of period		2,988	3,092	3,493
Net liability asset [Member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		4,256	4,622	4,746
Current service cost, defined benefit plans		53	53	52
Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)		33	42	60
Decrease (increase) in net defined benefit liability (asset) resulting from contributions to plan		0	0	0
Contributions to plan by employer, net defined benefit liability (asset)		(4)	(124)	(65)
Increase (decrease) in net defined benefit liability (asset) resulting from past service cost	[1]	75	219	210
Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income		(223)	187	329
Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets excluding interest income or expense	[2]	184	(176)	(454)
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions		(121)	57	(15)
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions		(259)	276	688
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from experience adjustments		(27)	30	110
Decrease (increase) in net defined benefit liability (asset) resulting from payments from plan		(608)	(654)	(718)
Decrease (increase) in net defined benefit liability (asset) resulting from payments in respect of settlements		0	0	0
Increase (decrease) in net defined benefit liability (asset) resulting from business combinations and disposals	[3]	(3)	(44)	3
Increase (decrease) in net defined benefit liability (asset) resulting from changes in foreign exchange rates, net defined benefit liability (asset)		(32)	(50)	(6)
Conversions to defined contributions		0	0	0
Increase (decrease) in net defined benefit liability (asset) resulting from other changes		13	4	13
Net assets available for benefits at end of period		3,560	4,256	4,622
SPAIN | Present value of defined benefit obligation [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		4,288	4,592
Net assets available for benefits at end of period		3,670	4,288	4,592
SPAIN | Plan assets [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		249	266
Net assets available for benefits at end of period		206	249	266
SPAIN | Net liability asset [Member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		4,039	4,326
Net assets available for benefits at end of period		3,464	4,039	4,326
MEXICO | Present value of defined benefit obligation [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		2,219	2,231
Net assets available for benefits at end of period		2,150	2,219	2,231
MEXICO | Plan assets [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		2,122	2,124
Net assets available for benefits at end of period		2,149	2,122	2,124
MEXICO | Net liability asset [Member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		97	107
Net assets available for benefits at end of period		1	97	107
UNITED STATES | Present value of defined benefit obligation [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		0	375
Net assets available for benefits at end of period		0	0	375
UNITED STATES | Plan assets [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		0	323
Net assets available for benefits at end of period		0	0	323
UNITED STATES | Net liability asset [Member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		0	52
Net assets available for benefits at end of period		0	0	52
TURKEY | Present value of defined benefit obligation [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		367	444
Net assets available for benefits at end of period		272	367	444
TURKEY | Plan assets [member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		282	359
Net assets available for benefits at end of period		209	282	359
TURKEY | Net liability asset [Member]
Disclosure of net defined benefit liability (asset) [line items]
Net assets available for benefits at beginning of period		85	86
Net assets available for benefits at end of period		€ 63	€ 85	€ 86
[1]	(*) Including gains and losses arising from settlements.
[2]	(**) Excluding interest, which is recorded under "Interest income or expense".
[3]	(***) The amount in 2020 in mainly due to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).

Note 25 Actuarial assumptions p

Note 25 Actuarial assumptions percentage (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
SPAIN
Actuarial assumptions [Line Items]
Actuarial assumption of discount rates	0.74%	0.53%	0.68%
Actuarial assumption of expected rates of salary increases	0.00%	0.00%	0.00%
Actuarial assumption of expected rates of pension increases	0.00%	0.00%	0.00%
Actuarial assumption of medical cost trend rates	0.00%	0.00%	0.00%
Mortality tables	PER 2020	PER 2020	PERM/F 2000P
MEXICO
Actuarial assumptions [Line Items]
Actuarial assumption of discount rates	9.68%	8.37%	9.04%
Actuarial assumption of expected rates of salary increases	4.00%	4.00%	4.75%
Actuarial assumption of expected rates of pension increases	2.95%	1.94%	2.47%
Actuarial assumption of medical cost trend rates	7.00%	7.00%	7.00%
Mortality tables	EMSSA09	EMSSA09	EMSSA09
TURKEY
Actuarial assumptions [Line Items]
Actuarial assumption of discount rates	19.10%	13.00%	12.50%
Actuarial assumption of expected rates of salary increases	16.60%	11.20%	9.70%
Actuarial assumption of expected rates of pension increases	15.10%	9.70%	8.20%
Actuarial assumption of medical cost trend rates	19.30%	13.90%	12.40%
Mortality tables	CSO2001	CSO2001	CSO2001

Note 25 Sensitivity analysis (D

Note 25 Sensitivity analysis (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Discount rate sensitivity analysis [Member]
Sensitivity analysis [Line Items]
Basis points change sensitivity analysis	0.50%
Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption	€ (282)	€ (354)	€ (367)
Decrease In Defined Benefit Obligation Due To Reasonably Possible Increase In Actuarial Assumption	€ 307	390	405
Rate of salary increase sensitivity analysis [Member]
Sensitivity analysis [Line Items]
Basis points change sensitivity analysis	0.50%
Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption	€ 2	4	3
Decrease In Defined Benefit Obligation Due To Reasonably Possible Increase In Actuarial Assumption	€ (2)	(4)	(3)
Rate of pension increase sensitivity analysis [Member]
Sensitivity analysis [Line Items]
Basis points change sensitivity analysis	0.50%
Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption	€ 28	29	27
Decrease In Defined Benefit Obligation Due To Reasonably Possible Increase In Actuarial Assumption	€ (26)	(27)	(26)
Medical cost trend rate sensitivity analysis [Member]
Sensitivity analysis [Line Items]
Basis points change sensitivity analysis	0.50%
Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption	€ 109	145	169
Decrease In Defined Benefit Obligation Due To Reasonably Possible Increase In Actuarial Assumption	€ (98)	(129)	(133)
Change in obligation from each additional year of longevity [Member]
Sensitivity analysis [Line Items]
Basis points change sensitivity analysis
Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption	€ 170	211	137
Decrease In Defined Benefit Obligation Due To Reasonably Possible Increase In Actuarial Assumption	€ 0	€ 0	€ 0

Note 25 Post employment commitm

Note 25 Post employment commitments (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value		€ 7,398		€ 8,177
Defined benefit obligation, at present value		7,180		7,398		€ 8,177
SPAIN
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value		4,287
Defined benefit obligation, at present value		3,670		4,287
Plan assets		249
Plan assets		206		249
Net liability asset		4,038		4,326		4,547
Net liability asset		3,464		4,038		4,326
SPAIN | Current service cost [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		5
Plan assets changes of the year		0
Net liability asset changes of the year		5		5		4
SPAIN | Interest income or expense [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		22
Plan assets changes of the year		2
Net liability asset changes of the year		20		28		42
SPAIN | Contributions by plan participants [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
SPAIN | Employer contributions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		(11)
Net liability asset changes of the year		11		0		0
SPAIN | Past service cost [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value	[1]	75
Plan assets changes of the year	[1]	0
Net liability asset changes of the year		75	[1]	224	[2]	190	[2]
SPAIN | Remeasurements [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(106)
Plan assets changes of the year		(8)
Net liability asset changes of the year		(98)		95		231
SPAIN | Return of plan assets [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value	[3]	0
Plan assets changes of the year	[3]	(8)
Net liability asset changes of the year		8	[3]	(41)	[4]	(67)	[4]
SPAIN | From changes in demographic assumptions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		60		0
SPAIN | From changes in financial assumptions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(61)
Plan assets changes of the year		0
Net liability asset changes of the year		(61)		79		239
SPAIN | Other actuarial gains and losses [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(45)
Plan assets changes of the year		0
Net liability asset changes of the year		(45)		(3)		59
SPAIN | Benefit payments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(625)
Plan assets changes of the year		(26)
Net liability asset changes of the year		(599)		(643)		(702)
SPAIN | Settlements payments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
SPAIN | Business combinations [member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
SPAIN | Effect on changes in foreign exchange rates [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
SPAIN | Conversions to defined contributions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
SPAIN | Other effects Post employment commitments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		12
Plan assets changes of the year		0
Net liability asset changes of the year		12		3		14
SPAIN | of which vested benefit obligation relating to current employees [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value		3,596
SPAIN | Of which vested benefit obligation relating to retired employees [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value		74
MEXICO
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value		666
Defined benefit obligation, at present value		779		666
Plan assets		638
Plan assets		655		638
Net liability asset		28		72		71
Net liability asset		124		28		72
MEXICO | Current service cost [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		5
Plan assets changes of the year		0
Net liability asset changes of the year		5		5		4
MEXICO | Interest income or expense [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		53
Plan assets changes of the year		52
Net liability asset changes of the year		1		6		9
MEXICO | Contributions by plan participants [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
MEXICO | Employer contributions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		2
Net liability asset changes of the year		(2)		(86)		(47)
MEXICO | Past service cost [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value	[1]	0
Plan assets changes of the year	[1]	0
Net liability asset changes of the year		0	[1]	(1)	[2]	15	[2]
MEXICO | Remeasurements [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		79
Plan assets changes of the year		(49)
Net liability asset changes of the year		128		62		9
MEXICO | Return of plan assets [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value	[3]	0
Plan assets changes of the year	[3]	(49)
Net liability asset changes of the year		49	[3]	(31)	[4]	(90)	[4]
MEXICO | From changes in demographic assumptions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(4)
Plan assets changes of the year		0
Net liability asset changes of the year		(4)		0		0
MEXICO | From changes in financial assumptions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		84
Plan assets changes of the year		0
Net liability asset changes of the year		84		(19)		87
MEXICO | Other actuarial gains and losses [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(2)
Plan assets changes of the year		0
Net liability asset changes of the year		(2)		112		12
MEXICO | Benefit payments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(67)
Plan assets changes of the year		(65)
Net liability asset changes of the year		(1)		(1)		(1)
MEXICO | Settlements payments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
MEXICO | Business combinations [member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		40
Net liability asset changes of the year		(40)		(19)		7
MEXICO | Effect on changes in foreign exchange rates [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		42
Plan assets changes of the year		37
Net liability asset changes of the year		5		(10)		5
MEXICO | Conversions to defined contributions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
MEXICO | Other effects Post employment commitments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
MEXICO | of which vested benefit obligation relating to current employees [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value
MEXICO | Of which vested benefit obligation relating to retired employees [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value
UNITED STATES
Post employment commitments 2021 [Line Items]
Net liability asset		0		52		39
Net liability asset				0		52
UNITED STATES | Current service cost [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				1		0
UNITED STATES | Interest income or expense [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				2		0
UNITED STATES | Contributions by plan participants [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				0		0
UNITED STATES | Employer contributions [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				0		(3)
UNITED STATES | Past service cost [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year	[2]			0		0
UNITED STATES | Remeasurements [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				(4)		16
UNITED STATES | Return of plan assets [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year	[4]			(35)		(28)
UNITED STATES | From changes in demographic assumptions [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				(3)		0
UNITED STATES | From changes in financial assumptions [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				34		42
UNITED STATES | Other actuarial gains and losses [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				0		2
UNITED STATES | Benefit payments [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				(2)		(2)
UNITED STATES | Settlements payments [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				0		0
UNITED STATES | Business combinations [member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				(44)		3
UNITED STATES | Effect on changes in foreign exchange rates [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				(5)		0
UNITED STATES | Conversions to defined contributions [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				0		0
UNITED STATES | Other effects Post employment commitments [Member]
Post employment commitments 2021 [Line Items]
Net liability asset changes of the year				0		(1)
TURKEY
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value		367
Defined benefit obligation, at present value		272		367
Plan assets		282
Plan assets		209		282
Net liability asset		85		86		83
Net liability asset		63		85		86
TURKEY | Current service cost [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		16
Plan assets changes of the year		0
Net liability asset changes of the year		16		18		20
TURKEY | Interest income or expense [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		40
Plan assets changes of the year		32
Net liability asset changes of the year		9		8		11
TURKEY | Contributions by plan participants [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		3
Plan assets changes of the year		3
Net liability asset changes of the year		0		0		0
TURKEY | Employer contributions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		11
Net liability asset changes of the year		(11)		(14)		(14)
TURKEY | Past service cost [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value	[1]	2
Plan assets changes of the year	[1]	0
Net liability asset changes of the year		2	[1]	2	[2]	3	[2]
TURKEY | Remeasurements [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		21
Plan assets changes of the year		11
Net liability asset changes of the year		10		18		2
TURKEY | Return of plan assets [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value	[3]	0
Plan assets changes of the year	[3]	11
Net liability asset changes of the year		(11)	[3]	23	[4]	5	[4]
TURKEY | From changes in demographic assumptions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		(13)
TURKEY | From changes in financial assumptions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(18)
Plan assets changes of the year		0
Net liability asset changes of the year		(18)		54		(41)
TURKEY | Other actuarial gains and losses [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		39
Plan assets changes of the year		0
Net liability asset changes of the year		39		(59)		51
TURKEY | Benefit payments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(13)
Plan assets changes of the year		(7)
Net liability asset changes of the year		(6)		(6)		(11)
TURKEY | Settlements payments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
TURKEY | Business combinations [member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
TURKEY | Effect on changes in foreign exchange rates [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(166)
Plan assets changes of the year		(123)
Net liability asset changes of the year		(43)		(26)		(9)
TURKEY | Conversions to defined contributions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
TURKEY | Other effects Post employment commitments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
TURKEY | of which vested benefit obligation relating to current employees [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value
TURKEY | Of which vested benefit obligation relating to retired employees [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value
Rest of the world [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value		465
Defined benefit obligation, at present value		449		465
Plan assets		439
Plan assets		424		439
Net liability asset		27		38		36
Net liability asset		24		27		38
Rest of the world [Member] | Current service cost [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		3
Plan assets changes of the year		0
Net liability asset changes of the year		3		3		3
Rest of the world [Member] | Interest income or expense [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		6
Plan assets changes of the year		5
Net liability asset changes of the year		1		1		3
Rest of the world [Member] | Contributions by plan participants [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		2
Plan assets changes of the year		2
Net liability asset changes of the year		0		0		0
Rest of the world [Member] | Employer contributions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		1
Net liability asset changes of the year		(1)		(1)		(1)
Rest of the world [Member] | Past service cost [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value	[1]	2
Plan assets changes of the year	[1]	0
Net liability asset changes of the year		2	[1]	3	[2]	2	[2]
Rest of the world [Member] | Remeasurements [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(24)
Plan assets changes of the year		(19)
Net liability asset changes of the year		(5)		(14)		(1)
Rest of the world [Member] | Return of plan assets [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value	[3]	0
Plan assets changes of the year	[3]	(19)
Net liability asset changes of the year		19	[3]	(26)	[4]	(50)	[4]
Rest of the world [Member] | From changes in demographic assumptions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(2)
Plan assets changes of the year		0
Net liability asset changes of the year		(2)		0		(2)
Rest of the world [Member] | From changes in financial assumptions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(7)
Plan assets changes of the year		0
Net liability asset changes of the year		(7)		17		52
Rest of the world [Member] | Other actuarial gains and losses [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(15)
Plan assets changes of the year		0
Net liability asset changes of the year		(15)		(5)		(1)
Rest of the world [Member] | Benefit payments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(12)
Plan assets changes of the year		(11)
Net liability asset changes of the year		(1)		(1)		(3)
Rest of the world [Member] | Settlements payments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(1)
Plan assets changes of the year		(1)
Net liability asset changes of the year		0		0		0
Rest of the world [Member] | Business combinations [member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		(2)
Plan assets changes of the year		0
Net liability asset changes of the year		(2)		0		0
Rest of the world [Member] | Effect on changes in foreign exchange rates [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		9
Plan assets changes of the year		9
Net liability asset changes of the year		1		(4)		1
Rest of the world [Member] | Conversions to defined contributions [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		0		0
Rest of the world [Member] | Other effects Post employment commitments [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation at present value		0
Plan assets changes of the year		0
Net liability asset changes of the year		0		€ 0		€ 0
Rest of the world [Member] | of which vested benefit obligation relating to current employees [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value
Rest of the world [Member] | Of which vested benefit obligation relating to retired employees [Member]
Post employment commitments 2021 [Line Items]
Defined benefit obligation, at present value
[1]	(*) Including gains and losses arising from settlements.
[2]	(*) Includes gains and losses from settlements.
[3]	(**) Excluding interest, which is recorded under "Interest income or expense".
[4]	(**) Excludes interest which is reflected in the line item “Interest income and expense”.

Note 25 Medical benefits commit

Note 25 Medical benefits commitments (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Medical benefits commitments [Line Items]
Medical benefits commitments		€ 1,562	€ 1,580
Medical benefits commitments		1,377	1,562	€ 1,580
Present value of defined benefit obligation [member]
Medical benefits commitments [Line Items]
Medical benefits commitments		1,562	1,580	1,114
Medical benefits commitments		1,377	1,562	1,580
Present value of defined benefit obligation [member] | Current service cost [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		24	21	21
Present value of defined benefit obligation [member] | Interest income or expense [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		131	117	119
Present value of defined benefit obligation [member] | Contributions by plan participants [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Present value of defined benefit obligation [member] | Employer contributions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Present value of defined benefit obligation [member] | Past service cost [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year	[1]	(5)	(8)	0
Present value of defined benefit obligation [member] | Remeasurements [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(377)	95	298
Present value of defined benefit obligation [member] | Return of plan assets [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year	[2]	0	0	0
Present value of defined benefit obligation [member] | From changes in demographic assumptions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(115)	0	0
Present value of defined benefit obligation [member] | From changes in financial assumptions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(257)	110	311
Present value of defined benefit obligation [member] | Other actuarial gains and losses [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(4)	(15)	(13)
Present value of defined benefit obligation [member] | Benefit payments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(49)	(37)	(39)
Present value of defined benefit obligation [member] | Settlements payments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Present value of defined benefit obligation [member] | Business combinations [member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Present value of defined benefit obligation [member] | Effect on changes in foreign exchange rates [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		90	(207)	68
Present value of defined benefit obligation [member] | Other effects Post employment commitments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	(1)
Plan assets [member]
Medical benefits commitments [Line Items]
Medical benefits commitments		1,484	1,532	1,146
Medical benefits commitments		1,494	1,484	1,532
Plan assets [member] | Current service cost [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Plan assets [member] | Interest income or expense [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		129	120	123
Plan assets [member] | Contributions by plan participants [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Plan assets [member] | Employer contributions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		1	22	0
Plan assets [member] | Past service cost [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year	[1]	0	0	0
Plan assets [member] | Remeasurements [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(119)	66	224
Plan assets [member] | Return of plan assets [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year	[2]	(119)	66	224
Plan assets [member] | From changes in demographic assumptions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Plan assets [member] | From changes in financial assumptions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Plan assets [member] | Other actuarial gains and losses [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Plan assets [member] | Benefit payments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(48)	(37)	(39)
Plan assets [member] | Settlements payments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Plan assets [member] | Business combinations [member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(39)	(19)	7
Plan assets [member] | Effect on changes in foreign exchange rates [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		86	(201)	71
Plan assets [member] | Other effects Post employment commitments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Net liability asset [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments		77	48	(32)
Medical benefits commitments		(116)	77	48
Net liability asset [Member] | Current service cost [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		24	21	21
Net liability asset [Member] | Interest income or expense [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		2	(3)	(4)
Net liability asset [Member] | Contributions by plan participants [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Net liability asset [Member] | Employer contributions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(1)	(22)	0
Net liability asset [Member] | Past service cost [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year	[1]	(5)	(8)	0
Net liability asset [Member] | Remeasurements [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(257)	30	74
Net liability asset [Member] | Return of plan assets [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year	[2]	119	(66)	(224)
Net liability asset [Member] | From changes in demographic assumptions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(115)	0	0
Net liability asset [Member] | From changes in financial assumptions [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(257)	110	311
Net liability asset [Member] | Other actuarial gains and losses [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		(4)	(15)	(13)
Net liability asset [Member] | Benefit payments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	(1)
Net liability asset [Member] | Settlements payments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		0	0	0
Net liability asset [Member] | Business combinations [member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		39	19	(7)
Net liability asset [Member] | Effect on changes in foreign exchange rates [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		4	(6)	(2)
Net liability asset [Member] | Other effects Post employment commitments [Member]
Medical benefits commitments [Line Items]
Medical benefits commitments changes of the year		€ 0	€ 0	€ 0
[1]	(*) Including gains and losses arising from settlements.
[2]	(**) Excluding interest, which is recorded under "Interest income or expense".

Note 25 Estimated benefit payme

Note 25 Estimated benefit payments (Details) € in Millions	Dec. 31, 2021EUR (€)
Not later than one year [member]
Estimated benefit payments [Line Items]
Estimated benefit payments	€ 774
Not later than one year [member] | SPAIN
Estimated benefit payments [Line Items]
Estimated benefit payments	625
Not later than one year [member] | MEXICO
Estimated benefit payments [Line Items]
Estimated benefit payments	133
Not later than one year [member] | TURKEY
Estimated benefit payments [Line Items]
Estimated benefit payments	16
Later than one year and not later than two years [member]
Estimated benefit payments [Line Items]
Estimated benefit payments	627
Later than one year and not later than two years [member] | SPAIN
Estimated benefit payments [Line Items]
Estimated benefit payments	477
Later than one year and not later than two years [member] | MEXICO
Estimated benefit payments [Line Items]
Estimated benefit payments	139
Later than one year and not later than two years [member] | TURKEY
Estimated benefit payments [Line Items]
Estimated benefit payments	11
Later than two years and not later than three years [member]
Estimated benefit payments [Line Items]
Estimated benefit payments	556
Later than two years and not later than three years [member] | SPAIN
Estimated benefit payments [Line Items]
Estimated benefit payments	395
Later than two years and not later than three years [member] | MEXICO
Estimated benefit payments [Line Items]
Estimated benefit payments	146
Later than two years and not later than three years [member] | TURKEY
Estimated benefit payments [Line Items]
Estimated benefit payments	15
Later than three years and not later than four years [member]
Estimated benefit payments [Line Items]
Estimated benefit payments	505
Later than three years and not later than four years [member] | SPAIN
Estimated benefit payments [Line Items]
Estimated benefit payments	332
Later than three years and not later than four years [member] | MEXICO
Estimated benefit payments [Line Items]
Estimated benefit payments	155
Later than three years and not later than four years [member] | TURKEY
Estimated benefit payments [Line Items]
Estimated benefit payments	17
Later than four years and not later than five years [member]
Estimated benefit payments [Line Items]
Estimated benefit payments	471
Later than four years and not later than five years [member] | SPAIN
Estimated benefit payments [Line Items]
Estimated benefit payments	284
Later than four years and not later than five years [member] | MEXICO
Estimated benefit payments [Line Items]
Estimated benefit payments	164
Later than four years and not later than five years [member] | TURKEY
Estimated benefit payments [Line Items]
Estimated benefit payments	23
Later than five years and not later than ten years [member]
Estimated benefit payments [Line Items]
Estimated benefit payments	2,066
Later than five years and not later than ten years [member] | SPAIN
Estimated benefit payments [Line Items]
Estimated benefit payments	920
Later than five years and not later than ten years [member] | MEXICO
Estimated benefit payments [Line Items]
Estimated benefit payments	941
Later than five years and not later than ten years [member] | TURKEY
Estimated benefit payments [Line Items]
Estimated benefit payments	€ 206

Note 25 Plan assets breakdown (

Note 25 Plan assets breakdown (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash or cash equivalents plan assets breakdown [Member]
Plan assets breakdown [Line Items]
Assets of benefit plan	€ 24	€ 38	€ 56
Debt securities government bonds plan assets breakdown [Member]
Plan assets breakdown [Line Items]
Assets of benefit plan	2,394	2,707	2,668
Investment funds [member]
Plan assets breakdown [Line Items]
Assets of benefit plan	1	1	2
Insurance contracts plan assets breakdown [Member]
Plan assets breakdown [Line Items]
Assets of benefit plan	148	140	142
Total plan assets breakdown [Member]
Plan assets breakdown [Line Items]
Assets of benefit plan	2,566	2,887	2,869
Of which bank account in BBVA plan assets breakdown [Member]
Plan assets breakdown [Line Items]
Assets of benefit plan	3	4	4
Of which debt securities issued by BBVA plan assets breakdown [Member]
Plan assets breakdown [Line Items]
Assets of benefit plan	0	0	0
Of which property occupied by BBVA plan assets breakdown [Member]
Plan assets breakdown [Line Items]
Assets of benefit plan	€ 0	€ 0	€ 0

Note 25 Investments in listed m

Note 25 Investments in listed markets (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash or cash equivalents in listed markets [Member]
Disclosure of fair value of plan assets [line items]
Investment in listed markets	€ 24	€ 38	€ 56
Debt securities government bonds in listed markets [Member]
Disclosure of fair value of plan assets [line items]
Investment in listed markets	2,394	2,707	2,668
Investment funds [member]
Disclosure of fair value of plan assets [line items]
Investment in listed markets	1	1	2
Total investments in listed markets [Member]
Disclosure of fair value of plan assets [line items]
Investment in listed markets	2,418	2,747	2,727
Of which bank account in BBVA in listed markets [Member]
Disclosure of fair value of plan assets [line items]
Investment in listed markets	3	4	4
Of which debt securities issued by BBVA in listed markets [Member]
Disclosure of fair value of plan assets [line items]
Investment in listed markets	0	0	0
Of which property occupied by BBVA in listed markets [Member]
Disclosure of fair value of plan assets [line items]
Investment in listed markets	€ 0	€ 0	€ 0

Note 28 Retained Earnings And O

Note 28 Retained Earnings And Other Reserves (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Retained earnings and other reserves [Line Items]
Statutory reserve		€ 653	€ 653	€ 653
Restricted reserves		761	120	124
Voluntary reserves	[1]	3,994	8,117	8,331
Total reserves holding company		5,409	8,890	9,108
Consolidation reserves attributed to the bank and subsidiary consolidated companies		24,575	21,454	20,161
Total retained earnings revaluation reserves and other reserves		€ 29,984	€ 30,344	€ 29,269
[1]	(*) The variation in 2021 is mainly due to the allocation of earnings of BBVA, S.A. and the share repurchase program (see Note 4)

Note 28 Restricted reserves bre

Note 28 Restricted reserves breakdown by concepts (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restricted reserves breakdown by concepts [Line Items]
Restricted reserve for retired capital		€ 88	€ 88	€ 88
Restricted reserve for parent company shares and loans for those shares	[1]	672	30	34
Restricted reserve for redenomination of capital in euros		2	2	2
Total restricted reserves		€ 761	€ 120	€ 124
[1]	(*) The variation in 2021 is mainly due to the share buyback program (see Note 4).

Note 28 Retained earnings, reva

Note 28 Retained earnings, revaluation reserves and other reserves breakdown by company or corporate group (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves	[1]	€ 30,231	€ 30,508	€ 29,388
Subtotal other reserves or accumulated losses of investments in joint ventures and associates		(247)	(164)	(119)
Total retained earnings revaluation reserves and other reserves breakdown by company		29,984	30,344	29,269
Holding company [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		12,467	15,014	16,623
BBVA Bancomer group [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		13,894	12,890	10,645
Garanti BBVA group [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		3,043	2,509	1,985
BBVA Banco Provincial group [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		1,721	1,731	1,736
BBVA Argentine group [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		1,423	1,302	1,169
BBVA Colombia group [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		1,393	1,287	1,130
BBVA Peru group [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		1,031	984	848
Corporacion General Financiera SA [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		322	920	932
Forum Servicios Financieros SA [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		604	619	597
Sociedades inmobiliarias CX [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		277	251	266
BBV America SL [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		270	262	247
BBVA Seguros SA [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		239	(35)	(99)
Pecri Inversion SL [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		118	114	(50)
BBVA Uruguay Group [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		106	87	56
Bilbao Vizcaya Holding SA [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		68	77	62
Compañia de cartera de inversiones SA [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		42	59	47
Gran Jorge Juan SA [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		57	42	27
BBVA USA Bancshares group [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		0	(1,098)	(308)
Anida Grupo inmobiliario [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		(556)	(594)	(587)
Sociedades inmobiliarias Unnim [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		(655)	(617)	(594)
Anida Operaciones Singulares SA [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		(5,512)	(5,409)	(5,375)
Other retained earnings losses and revaluation reserves [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal retained earnings or losses and revaluation reserves		(121)	112	27
ATOM Bank PLC [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal other reserves or accumulated losses of investments in joint ventures and associates		(158)	(91)	(56)
Metrovacesa SA [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal other reserves or accumulated losses of investments in joint ventures and associates		(84)	(84)	(75)
Other reserves or accumulated losses of investments in joint ventures and associates [Member]
Retained earnings breakdown by company or corporate group [Line Items]
Subtotal other reserves or accumulated losses of investments in joint ventures and associates		€ (5)	€ 11	€ 12
[1]	(*) In 2021 includes the accounting for shares pending from buyback program (see Note 4) and the reclassification of items not subject to reclassification to income statement to by results for "Actuarial gains (losses) in defined benefit pension plans".

Note 29 Treasury shares (Detail

Note 29 Treasury shares (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Treasury shares at the beginning [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		14,352,832	12,617,189	47,257,691
Treasury shares in millions of euros		€ 46	€ 62	€ 296
Purchase of treasury shares [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares	[1]	203,530,570	234,691,887	214,925,699
Treasury shares in millions of euros	[1]	€ 1,022	€ 807	€ 1,088
Sales and other changes of treasury shares [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		(90,250,003)	(232,956,244)	(249,566,201)
Treasury shares in millions of euros		€ (417)	€ (830)	€ (1,298)
Derivatives on bbva shares [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		0	0	0
Treasury shares in millions of euros		€ (4)	€ 7	€ (23)
Other changes in treasury shares [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		0	0	0
Treasury shares in millions of euros		€ 0	€ 0	€ 0
Treasury shares at the end [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		127,633,399	14,352,832	12,617,189
Treasury shares in millions of euros		€ 647	€ 46	€ 62
Of which held by bbva sa [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares	[1]	112,733,730	592,832	0
Treasury shares in millions of euros	[1]	€ 574	€ 9	€ 0
Of which held by Corporacion General Financiera SA [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		14,899,669	13,760,000	12,617,189
Treasury shares in millions of euros		€ 72	€ 37	€ 62
Of which held by other subsidiaries [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		0	0	0
Treasury shares in millions of euros		€ 0	€ 0	€ 0
Average purchase price of treasury shares in euros [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		5.02	3.44	5.06
Treasury shares in millions of euros		€ 0	€ 0	€ 0
Average selling price of treasury shares in euros [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares		4.89	3.63	5.20
Treasury shares in millions of euros		€ 0	€ 0	€ 0
Net gain or losses on transactions treasury shares [Member]
Components of equity treasury stock [Line Items]
Number of treasury shares
Treasury shares in millions of euros		€ 17	€ 0	€ 13
[1]	(*) In 2021 includes the share buyback program (see Note 4).

Note 29 Treasury Stock (Details

Note 29 Treasury Stock (Details)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Bottom of range [member]
Treasury stock [Line Items]
Percentage treasury stock	0.108%	0.008%	0.138%
Top of range [member]
Treasury stock [Line Items]
Percentage treasury stock	1.922%	0.464%	0.746%
Closing range [Member]
Treasury stock [Line Items]
Percentage treasury stock	1.914%	0.215%	0.213%

Note 29 Shares of BBVA accepted

Note 29 Shares of BBVA accepted in pledge (Details) - EUR (€)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Shares of BBVA accepted in pledge [Line Items]
Number of shares in pledge	29,372,853	39,407,590	43,018,382
Nominal value of shares of BBVA accepted in pledge	€ 0.49	€ 0.49	€ 0.49
Percentage of share capital of shares of BBVA accepted in pledge	0.44%	0.59%	0.65%

Note 29 Shares of BBVA owned by

Note 29 Shares of BBVA owned by third parties but managed by the Group (Details) - EUR (€)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Shares of BBVA owned by third parties but managed by the group [Line Items]
Number of shares owned by third parties	17,645,506	18,266,509	23,807,398
Nominal value of shares of BBVA owned by third parties but managed by the group	€ 0.49	€ 0.49	€ 0.49
Percentage of share capital of shares of BBVA owned by third parties but managed by the group	0.26%	0.27%	0.36%

Note 30 Accumulated Other Compr

Note 30 Accumulated Other Comprehensive Income Classified By Concepts (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated other comprehensive income classified by concepts [Line Items]
Other comprehensive income that will not be reclassified to profit or loss, net of tax		€ (2,075)	€ (2,815)	€ (1,875)
Actuarial gains or losses on defined benefit pension plans that will not be reclassified to profit or loss		(998)	(1,474)	(1,498)
Non current assets and disposal groups classified as held for sale that will not be reclassified to profit or loss		0	(65)	2
Fair value changes of equity instruments measured at fair value through other comprehensive income		(1,079)	(1,256)	(403)
Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk that will not be reclassified to profit or loss		2	(21)	24
Other comprehensive income that will be reclassified to profit or loss, net of tax		(14,401)	(11,541)	(8,351)
Hedge of net investments in foreign operations effective portion that will be reclassified to profit or loss		(146)	(62)	(896)
Foreign currency translation that will be classified to profit or loss		(14,988)	(14,185)	(9,147)
Hedging derivatives.Cash flow hedges effective portion that will be reclassified to profit or loss		(533)	10	(44)
Fair value changes of debt instruments measured at fair value through other comprehensive income that will be reclassified to profit or loss		1,274	2,069	1,760
Non current assets and disposal groups classified as held for sale that will be reclassified to profit or loss	[1]	0	644	(18)
Share of other recognized income and expense of investments in subsidiaries, joint ventures and associates that will be reclassified to profit or loss		(9)	(17)	(5)
Accumulated other comprehensive income		(16,476)	(14,356)	(10,226)
Mexico, Pesos
Accumulated other comprehensive income classified by concepts [Line Items]
Hedge of net investments in foreign operations effective portion that will be reclassified to profit or loss		(681)	(362)	(588)
Foreign currency translation that will be classified to profit or loss		(4,503)	(5,220)	(3,557)
Turkey, New Lira
Accumulated other comprehensive income classified by concepts [Line Items]
Hedge of net investments in foreign operations effective portion that will be reclassified to profit or loss		555	317	163
Foreign currency translation that will be classified to profit or loss		(6,607)	(4,960)	(3,750)
Argentina, Pesos
Accumulated other comprehensive income classified by concepts [Line Items]
Foreign currency translation that will be classified to profit or loss		(1,024)	(1,247)	(1,124)
Venezuela bolivar [Member]
Accumulated other comprehensive income classified by concepts [Line Items]
Foreign currency translation that will be classified to profit or loss		(1,858)	(1,860)	(1,854)
Other exchanges [Member]
Accumulated other comprehensive income classified by concepts [Line Items]
Hedge of net investments in foreign operations effective portion that will be reclassified to profit or loss		(19)	(18)	(471)
Foreign currency translation that will be classified to profit or loss		€ (995)	€ (898)	€ 1,138
[1]	(*) Corresponds mainly to BBVA USA in 2020 (see Notes 1.3, 3 and 21).

Note 31 Non Controlling Interes

Note 31 Non Controlling Interest Classified By Concept (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Minority interest [Line Items]
Non-controlling interests	€ 4,853	€ 5,471	€ 6,201
BBVA Garanti [Member]
Minority interest [Line Items]
Non-controlling interests	2,851	3,692	4,240
Peru BBVA [Member]
Minority interest [Line Items]
Non-controlling interests	1,212	1,171	1,334
Argentina BBVA [Member]
Minority interest [Line Items]
Non-controlling interests	557	416	422
Colombia BBVA [Member]
Minority interest [Line Items]
Non-controlling interests	76	70	76
Venezuela BBVA [Member]
Minority interest [Line Items]
Non-controlling interests	70	65	71
Other entities BBVA [Member]
Minority interest [Line Items]
Non-controlling interests	€ 87	€ 56	€ 57

Note 31 Profit Attributable to

Note 31 Profit Attributable to Non Controlling Interests (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Minority interest [Line Items]
Profit (loss), attributable to non-controlling interests	€ 965	€ 756	€ 833
BBVA Garanti [Member]
Minority interest [Line Items]
Profit (loss), attributable to non-controlling interests	758	579	524
Peru BBVA [Member]
Minority interest [Line Items]
Profit (loss), attributable to non-controlling interests	143	126	236
Argentina BBVA [Member]
Minority interest [Line Items]
Profit (loss), attributable to non-controlling interests	26	38	60
Colombia BBVA [Member]
Minority interest [Line Items]
Profit (loss), attributable to non-controlling interests	9	6	11
Venezuela BBVA [Member]
Minority interest [Line Items]
Profit (loss), attributable to non-controlling interests	3	2	(1)
Other entities BBVA [Member]
Minority interest [Line Items]
Profit (loss), attributable to non-controlling interests	€ 25	€ 5	€ 4

Note 32 Eligible capital resour

Note 32 Eligible capital resources (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Eligible capital resources [Line Items]
Issued capital		€ 3,267	€ 3,267	€ 3,267
Share premium		23,599	23,992	23,992
Retained earnings revaluation reserves and other reserves eligible capital resources		29,984	30,344	29,269
Other equity interest		60	42	56
Treasury shares		(647)	(46)	(62)
Profit (loss), attributable to owners of parent		4,653	1,305	3,512
interim dividend eligible capital resources		(532)	0	(1,084)
Shareholders funds eligible capital resources		60,384	58,904	58,950
Accumulated other comprehensive income		(16,476)	(14,356)	(10,226)
Non-controlling interests		4,853	5,471	6,201
Adjusted initial balance		48,760	50,020	54,925	€ 52,874
Goodwill and other intangible assets eligible capital resources		(1,484)	(3,455)	(6,803)
Deductions eligible capital resources		(1,484)	(3,455)	(6,803)
Differences from solvency and accounting perimeter eligible capital resources		(130)	(186)	(215)
Equity not eligible at solvency level eligible capital resources		(130)	(186)	(215)
Other adjustments and deductions eligible capital resources	[1]	(7,197)	(3,449)	(4,253)
Common equity tier 1 CET 1 eligible capital resources		39,949	42,931	43,653
Additional tier 1 before regulatory adjustments eligible capital resources		5,737	6,666	6,048
Total regulatory adjustments to additional tier 1 eligible capital resources		0	0	0
Tier 1 eligible capital resources		45,686	49,597	49,701
Tier 2 eligible capital resources		7,383	8,547	8,304
Total capital tier 1 tier 2 eligible capital resources		53,069	58,145	58,005
Total minimum equity required eligible capital resources		€ 39,275	€ 45,042	€ 46,540
[1]	(*) Other adjustments and deductions includes, among others, the adjustment of non-eligible minority interests, the amount of repurchase of own shares up to the maximum limit authorized by the ECB for the BBVA Group (see Note 4) and the amount of shareholders remuneration pending to be distributed.

Note 32 Amount of capital CC1 (

Note 32 Amount of capital CC1 (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Amount of capital CC1 [Line Items]
Total Tier 1		€ 45,687	€ 49,597	€ 49,701
Total capital tier 2		7,382	8,547	8,304
Total capital tier 1 tier 2		53,069	58,145	58,005
Total RWA		307,795	353,273	364,448
Capital and share premium [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		26,866	27,259	27,259
Retained earnings and equity instruments [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		30,745	29,974	29,127
Other accumulated income and other reserves [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		(17,200)	(14,023)	(10,133)
Minority interests [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		2,800	3,656	4,404
Net interim attributable profit [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		2,573	860	1,316
Common equity tier 1 CET1 before oter regulatory adjustments [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		45,784	47,726	51,974
Intangible assets and goodwill [member]
Amount of capital CC1 [Line Items]
Total Tier 1		(1,484)	(3,455)	(6,803)
Direct and indirect holdings in own common equity tier 1 instruments [Member]
Amount of capital CC1 [Line Items]
Total Tier 1	[1]	(2,800)	(366)	(484)
Deferred tax assets [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		(1,009)	(1,478)	(1,420)
Other deductions and filters [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		(542)	504	386
Total common equity tier 1 regulatory adjustments [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		(5,835)	(4,795)	(8,321)
Common equity TIER 1 CET1 [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		39,949	42,931	43,653
Capital instruments and share premium accounts classified as liabilities and qualifying as additional tier 1 [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		5,266	6,130	5,400
Qualifying tier 1 capital included in consolidated AT1 capital issued by subsidiaries and held by third parties [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		472	536	648
Additional tier 1 (CET 1) before regulatory adjustments [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		5,738	6,666	6,048
Transitional CET1 adjustments [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		0	0	0
Total regulatory adjustments to additional tier 1 [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		0	0	0
Additional tier 1 AT1 [Member]
Amount of capital CC1 [Line Items]
Total Tier 1		5,738	6,666	6,048
Capital instruments and share premium accounted as tier 2 [Member]
Amount of capital CC1 [Line Items]
Total capital tier 2		4,324	4,540	3,242
Qualifying tier 2 capital included in consolidated T2 capital issued by subsidiaries and held by third parties [Member]
Amount of capital CC1 [Line Items]
Total capital tier 2		2,516	3,410	4,512
Credit risk adjustments [Member]
Amount of capital CC1 [Line Items]
Total capital tier 2		722	604	631
Tier 2 before regulatory adjustments [Member]
Amount of capital CC1 [Line Items]
Total capital tier 2		7,562	8,554	8,385
Tier 2 regulatory adjustments [Member]
Amount of capital CC1 [Line Items]
Total capital tier 2		€ (180)	€ (6)	€ (82)
CET 1 phased in [Member]
Amount of capital CC1 [Line Items]
Percentage ratio phase in		12.98%	12.15%	11.98%
Tier 1 phased in [Member]
Amount of capital CC1 [Line Items]
Percentage ratio phase in		14.84%	14.04%	13.64%
Total capital phased in [Member]
Amount of capital CC1 [Line Items]
Percentage ratio phase in		17.24%	16.46%	15.92%
[1]	(*) Includes mainly the amount of repurchase of own shares pending to be executed and up to the maximum limit authorized by the ECB for the BBVA Group (see Note 4)

Note 32 Leverage Ratio (Details

Note 32 Leverage Ratio (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leverage ratio [Line Items]
Tier 1	€ 45,687	€ 49,597	€ 49,701
Exposure to leverage ratio	€ 671,790	€ 741,095	€ 731,087
Leverage ratio	6.80%	6.69%	6.80%

Note 33 Commitments and guarant

Note 33 Commitments and guarantees given (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial guarantees and other commitments [Line Items]
Gross loan commitments		€ 119,618	€ 132,584	€ 130,923
Financial guarantees given		11,720	10,665	10,984
Other Commitments And Guarantees Given		34,604	36,190	39,209
Total Loan commitments and financial guarantees		165,941	179,440	181,116
Defaulted [Member]
Financial guarantees and other commitments [Line Items]
Gross loan commitments		171	265	270
Financial guarantees given	[1]	245	290	224
Other Commitments And Guarantees Given	[1]	541	477	506
Central banks [Member]
Financial guarantees and other commitments [Line Items]
Gross loan commitments		0	0	0
Financial guarantees given		0	1	0
Other Commitments And Guarantees Given		2	124	1
Government [member]
Financial guarantees and other commitments [Line Items]
Gross loan commitments		3,483	2,919	3,117
Financial guarantees given		162	132	125
Other Commitments And Guarantees Given		212	199	521
Banks [Member]
Financial guarantees and other commitments [Line Items]
Gross loan commitments		16,085	11,426	11,742
Financial guarantees given		312	339	995
Other Commitments And Guarantees Given		4,266	5,285	5,952
Other financial corporations [Member]
Financial guarantees and other commitments [Line Items]
Gross loan commitments		4,583	5,862	4,578
Financial guarantees given		1,026	587	583
Other Commitments And Guarantees Given		1,753	2,902	2,902
Non financial corporations [Member]
Financial guarantees and other commitments [Line Items]
Gross loan commitments		59,475	71,011	65,475
Financial guarantees given		10,039	9,376	8,986
Other Commitments And Guarantees Given		28,224	27,496	29,682
Households [Member]
Financial guarantees and other commitments [Line Items]
Gross loan commitments		35,991	41,366	46,011
Financial guarantees given		181	231	295
Other Commitments And Guarantees Given		€ 147	€ 182	€ 151
[1]	(*) In December 2020, it includes the balance of the Group's businesses in the United States included in the USA Sale (see Notes 1.3, 3 and 21). Non-performing financial guarantees given amounted to €786, €767 and €731 million, respectively, as of December 31, 2021, 2020 and 2019.

Note 36 Transactions on behalf

Note 36 Transactions on behalf of third parties breakdown by concepts (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Transactions on behalf of third parties [Line Items]
Financial instruments entrusted by third parties	€ 356,985	€ 357,022	€ 693,497
Conditional bills and other securities received for collection	10,795	10,459	13,133
Securities lending on behalf of third parties	2,605	5,285	7,129
Total transactions on behalf of third parties	€ 370,385	€ 372,766	€ 713,759

Note 37 Interest income breakdo

Note 37 Interest income breakdown by origin (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Interest income by origin [Line Items]
Interest income on financial assets held for trading		€ 1,084	€ 1,189	€ 2,037
Interest income on financial assets designated at fair value through profit or loss		11	8	5
Interest revenue for financial assets measured at fair value through other comprehensive income		1,880	1,392	1,629
Interest income on financial assets measures at amortized cost		18,364	18,357	22,741
Interest Income For Insurance Activity		1,084	1,021	1,079
Interest Income For Adjustment Interest On Accounting Coverage		(84)	(112)	(72)
Interest Income On Other Income	[1]	675	534	343
Interest income		€ 23,015	€ 22,389	€ 27,762
[1]	(*) Includes accrued interest following TLTRO III transactions (see Note 22.1)

Note 37 Interest expense breakd

Note 37 Interest expense breakdown by origin (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Interest expense by origin [Line Items]
Interest expense on financial liabilities held for trading	€ 1,339	€ 742	€ 1,229
Interest expense on financial liabilities designated at fair value through profit or loss	52	61	6
Interest Expense For Financial Liabilities Measured At Amortised Cost	6,130	6,346	9,953
Interest Expense For Adjustment Interest On Accounting Coverage	(360)	(413)	(250)
Interest Expense For Insurance Activity	773	721	753
Interest Expense On Chargeable Cost To Pension Funds	52	57	85
Other Interest Expense	342	284	196
Interest expense	€ 8,329	€ 7,797	€ 11,972

Note 38 Dividend income breakdo

Note 38 Dividend income breakdown by headline (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Dividend Income Breakdown By Headline [Line Items]
Dividend income	€ 176	€ 137	€ 153
Financial assets at fair value through profit or loss, category [member]
Dividend Income Breakdown By Headline [Line Items]
Dividend income	64	15	26
Financial assets at fair value through other comprehensive income, category [member]
Dividend Income Breakdown By Headline [Line Items]
Dividend income	€ 112	€ 122	€ 126

Note 40 Fee and commission inco

Note 40 Fee and commission income (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fee and commission income [Line Items]
Bills receivables	€ 23	€ 27	€ 39
Demand Account	425	322	301
Credit and Debit Cards	2,628	2,089	2,862
Checks	136	136	198
Transfers and other payment orders	664	555	623
Insurance product commissions	215	159	158
Loan commitments given fee and commission income	234	185	187
Other Commitments And Financial Guarantees Given	364	349	377
Portfolio and other management fee income	1,250	1,100	1,026
Brokerage fee income	267	367	294
Custody securities income	169	135	123
Other fee and commission income	622	556	599
Fee and commission income	€ 6,997	€ 5,980	€ 6,786

Note 40 Fees and commission exp

Note 40 Fees and commission expense (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fee and commission expense [Line Items]
Demand accounts	€ 5	€ 5	€ 6
Credit and debit cards expenses	1,427	1,130	1,566
Transfers and other payment orders expenses	120	97	81
Commissions for selling insurance	51	54	54
Custody securities	55	52	30
Other fee and commission expense	574	519	548
Fee and commission expense	€ 2,232	€ 1,857	€ 2,284

Note 41 Gains Or Losses On Fina

Note 41 Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Heading On the Balance Sheet (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Heading On the Balance Sheet [Line Items]
Gains Or Losses On Derecognition Of Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net Available For Sale Financial AssetsLoss Net	€ 134	€ 139	€ 186
Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading	341	777	419
Gains Losses On Non Trading Financial Assets Mandatorily At Fair Value Through Profit Or Loss	432	208	143
Gains Losses On Financial Assets At Fair Value Through Profit Or Loss	335	56	(98)
Gains (losses) on hedging instrument, fair value hedges	(214)	7	55
Subtotal gains or losses in financial assets and liabilities net	1,027	1,187	705
Gains or losses on net exchange differences	883	359	581
Gains (losses) on financial assets and liabilities, hedge accounting and exchange differences	1,910	1,546	1,286
Financial assets at amortised cost, category [member]
Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Heading On the Balance Sheet [Line Items]
Gains Or Losses On Derecognition Of Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net Available For Sale Financial AssetsLoss Net	27	106	44
Other financial assets and liabilities [Member]
Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Heading On the Balance Sheet [Line Items]
Gains Or Losses On Derecognition Of Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss Net Available For Sale Financial AssetsLoss Net	106	33	141
Reclassification of financial assets from fair value through other comprehensive income [Member]
Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Heading On the Balance Sheet [Line Items]
Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading	0	0	0
Gains Losses On Non Trading Financial Assets Mandatorily At Fair Value Through Profit Or Loss	0	0	0
Reclassification of financial assets from amortized cost [Member]
Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Heading On the Balance Sheet [Line Items]
Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading	0	0	0
Gains Losses On Non Trading Financial Assets Mandatorily At Fair Value Through Profit Or Loss	0	0	0
Other gains losses [Member]
Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Heading On the Balance Sheet [Line Items]
Gains Losses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading	341	777	419
Gains Losses On Non Trading Financial Assets Mandatorily At Fair Value Through Profit Or Loss	€ 432	€ 208	€ 143

Note 41 Gains Or Losses On Fi_2

Note 41 Gains Or Losses On Financial Assets And Liabilities And Exchange Differences Breakdown By Nature Of The Financial Instrument (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Gains Or Losses In Financial Assets And Liabilities Breakdown By Financial Instrument [Line Items]
Gains (losses) on financial assets and liabilities	€ 1,027	€ 1,187	€ 705
Debt securities [Member]
Gains Or Losses In Financial Assets And Liabilities Breakdown By Financial Instrument [Line Items]
Gains (losses) on financial assets and liabilities	158	848	945
Equity investments [member]
Gains Or Losses In Financial Assets And Liabilities Breakdown By Financial Instrument [Line Items]
Gains (losses) on financial assets and liabilities	2,059	(28)	1,336
Derivatives [member]
Gains Or Losses In Financial Assets And Liabilities Breakdown By Financial Instrument [Line Items]
Gains (losses) on financial assets and liabilities	(1,866)	277	(1,133)
Loans and advances to customers [Member]
Gains Or Losses In Financial Assets And Liabilities Breakdown By Financial Instrument [Line Items]
Gains (losses) on financial assets and liabilities	100	128	78
Customer deposits [Member]
Gains Or Losses In Financial Assets And Liabilities Breakdown By Financial Instrument [Line Items]
Gains (losses) on financial assets and liabilities	55	(79)	(26)
Other [Member]
Gains Or Losses In Financial Assets And Liabilities Breakdown By Financial Instrument [Line Items]
Gains (losses) on financial assets and liabilities	€ 522	€ 42	€ (497)

Note 41 Derivatives hedge accou

Note 41 Derivatives hedge accounting (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	€ (1,866)	€ 277	€ (1,133)
Trading derivatives hedge accounting [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	(1,651)	270	(1,187)
Hedging derivatives ineffectiveness [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	(214)	7	55
Interest rate agreements hedge accounting [Member] | Trading derivatives hedge accounting [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	73	269	(85)
Securities agreements hedge accounting [Member] | Trading derivatives hedge accounting [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	(1,500)	(36)	(1,072)
Commodity agreements hedge accounting [Member] | Trading derivatives hedge accounting [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	3	1	5
Credit derivative agreements hedge accounting [Member] | Trading derivatives hedge accounting [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	(255)	(89)	74
Foreign exchange agreements hedge accounting [Member] | Trading derivatives hedge accounting [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	40	88	(75)
Other agreements hedge accounting [Member] | Trading derivatives hedge accounting [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	(12)	37	(35)
Fair value hedges ineffectivenes [Member] | Hedging derivatives ineffectiveness [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	(235)	5	55
Hedging derivative fair value ineffectiveness [Member] | Hedging derivatives ineffectiveness [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	90	(151)	(36)
Hedged item fair value ineffectiveness [Member] | Hedging derivatives ineffectiveness [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	(325)	156	91
Cash flow hedges ineffectiveness [Member] | Hedging derivatives ineffectiveness [Member]
Derivatives hedge accounting [Line Items]
Derivatives- hedge accounting	€ 21	€ 2	€ 0

Note 42 Other operating income

Note 42 Other operating income (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Other operating income [Line Items]
Financial income from non financial services		€ 301	€ 244	€ 258
Hiperinflation Adjustments	[1]	177	94	146
Other operating income		183	154	235
Miscellaneous other operating income		€ 661	€ 492	€ 639
[1]	(*) See Note 2.2.19.

Note 42 Other operating expense

Note 42 Other operating expense (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of other operating expense [Line Items]
Change in inventories	€ 151	€ 124	€ 107
Contribution To Guaranteed Banks Deposits Funds	829	800	746
Hiperinflation Adjustments other operating expense	585	348	538
Other operating expense	475	390	551
Miscellaneous other operating expense	€ 2,041	€ 1,662	€ 1,943

Note 43 Insurance And Reinsuran

Note 43 Insurance And Reinsurance Contracts In Income And Expense (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Insurance and reinsurance contracts in income and expense [Line Items]
Income arising from insurance contracts	€ 2,593	€ 2,497	€ 2,890
Expense arising from insurance contracts	(1,685)	(1,520)	(1,751)
Net income arising from insurance contracts	€ 908	€ 977	€ 1,138

Note 43 Income by type of insur

Note 43 Income by type of insurance product (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income by type of insurance product [Line Items]
Income by type of insurance products	€ 908	€ 977	€ 1,138
Life insurance contracts [member]
Income by type of insurance product [Line Items]
Income by type of insurance products	622	497	631
Individual life insurance contracts [Member]
Income by type of insurance product [Line Items]
Income by type of insurance products	583	439	477
Group insurance life insurance contracts [Member]
Income by type of insurance product [Line Items]
Income by type of insurance products	39	59	154
Non-life insurance contracts [member]
Income by type of insurance product [Line Items]
Income by type of insurance products	286	480	508
Home insurance non life insurance contracts [Member]
Income by type of insurance product [Line Items]
Income by type of insurance products	0	91	90
Other non life insurance products [Member]
Income by type of insurance product [Line Items]
Income by type of insurance products	€ 286	€ 389	€ 418

Note 44 Personnel Expenses Brea

Note 44 Personnel Expenses Breakdown (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Personnel expenses [Line Items]
Wages and salaries	€ 3,933	€ 3,610	€ 4,103
Social security contributions	668	671	725
Post-employment benefit expense, defined contribution plans	71	72	95
Post-employment benefit expense, defined benefit plans	49	49	49
Other employee expense	325	293	379
Employee benefits expense	€ 5,046	€ 4,695	€ 5,351

Note 44 Administrative expenses

Note 44 Administrative expenses (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Other administrative expense [Line Items]
Technology and systems	€ 1,176	€ 1,088	€ 1,060
Communication expense	175	172	181
Advertising expense	207	186	250
Property Fixtures And Materials expense	380	404	477
Taxes Other Than Income Tax	347	344	378
Surveillance and security service expense	179	161	188
Other expenses	786	749	885
Other expense, by function	€ 3,249	€ 3,105	€ 3,418

Note 45 Depreciation And Amorti

Note 45 Depreciation And Amortisation Expense (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Depreciation [Line Items]
Depreciation and amortisation expense	€ 1,234	€ 1,288	€ 1,386
Tangible assets [Member]
Depreciation [Line Items]
Depreciation and amortisation expense	740	781	876
For own use depreciable assets [Member]
Depreciation [Line Items]
Depreciation and amortisation expense	437	453	523
Right of use assets [Member]
Depreciation [Line Items]
Depreciation and amortisation expense	299	324	349
Investment property [member]
Depreciation [Line Items]
Depreciation and amortisation expense	3	3	3
Intanbile assets [Member]
Depreciation [Line Items]
Depreciation and amortisation expense	€ 494	€ 507	€ 510

Note 46 Provisions or reversal

Note 46 Provisions or reversal of provisions (Details) - EUR (€) € in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Provisions or reversal of provisions [Line Items]
Pensions And Other Post Employment Defined Benefit Obligations Provisions		€ 61	€ 210	€ 213
Commitments And Guarantees Given		8	192	96
Pending Legal Issues And Tax Litigation		135	208	171
Other provisions	[1]	814	136	133
Provisions or reversal of provisions		€ 1,018	€ 746	€ 614
[1]	(*) In 2021, it includes a provision for the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Note 24).

Note 47 Impairment Or Reversal

Note 47 Impairment Or Reversal Of Impairment On Financial Assets Not Measured At Fair Value Through Profit Or Loss (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss [Line Items]
Impairment on financial assets at fair value through other comprehensive income - debt securities		€ 17	€ 19	€ 82
Impairment Financial Assets At Amortised Cost	[1]	3,017	5,160	3,470
Gain on recovery of loans and advances previously written off		(423)	(339)	(919)
Impairment loss on financial assets		€ 3,034	€ 5,179	€ 3,552
[1]	(*) In 2020, the amount included the negative impact of the update of the macroeconomic scenario following the COVID-19 pandemic (see Notes 1.5, 7.1 and 7.2)

Note 49 Impairment Or Reversal

Note 49 Impairment Or Reversal Of Impairment On Non Financial Assets (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Impairment Or Reversal Of Impairment On Non Financial Assets [Line Items]
Impairment Or Reversal Of Impairment On Non Financial Tangible Assets	[1]	€ 161	€ 125	€ 94
Impairment Or Reversal Of Impairment On Non Financial Intangible Assets		19	19	12
Impairment Or Reversal Of Impairment On Non Financial Other Assets		41	9	23
Impairment loss (reversal of impairment loss) recognised in profit or loss		€ 221	€ 153	€ 128
[1]	(*) In 2021, it includes the impairment due to the closing of rented offices after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 17 and 24).

Note 50 Profit Or Loss From Non

Note 50 Profit Or Loss From Non Current Assets And Disposal Groups Classified As Held For Sale Not Qualifying As Discontinued Operations (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of Profit or loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations [Line Items]
Net Gains Loss On Sales Of Real State		€ 39	€ 116	€ 86
Impairment Of Non Current Assets Held For Sale	[1]	(97)	(103)	(72)
Gains losses on sale of investments classified as non current assets held for sale	[2]	10	431	10
Gains losses on sale of equity instruments classified as non current assets held for sale		8	0	0
Total Profit Or Loss From Non Current Assets And Disposal Groups Classified As Held For Sale		€ (40)	€ 444	€ 23
[1]	(*) In 2021, it includes the impairment due to the closing of owned offices and the decommissioning of facilities after the agreement with the union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 21 and 24).
[2]	(**) The variation in year 2020 is mainly due to the transfer of half plus one share in BBVA Allianz Seguros y Reaseguros, S.A. (see Note 3).

Note 51 Liabilities from financ

Note 51 Liabilities from financing activities (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Debt certificates [Member]
Financing activities liabilities [Line Items]
Liabilities arising from financing activities at beginning of period	€ 61,780		€ 63,963		€ 61,112
Cash flows liabilities from financing activities	(5,728)		3,003		2,643
Increase decrease through acquisition financing activities liabilities	0		0		0
Disposal non cash	0		0		0
Disposal entities held for sale	0		(3,160)	[1]
Foreign exchange movement	(289)		(2,026)		209
Increase decrease through fair value changes financing activities liabilities	0		0		0
Liabilities arising from financing activities at end of period	55,763		61,780		63,963
Subordinated liabilities [Member]
Financing activities liabilities [Line Items]
Liabilities arising from financing activities at beginning of period	17,248	[2],[3]	17,675	[3],[4]	17,635	[4]
Cash flows liabilities from financing activities	(1,941)	[2]	(8)	[3]	(190)	[4]
Increase decrease through acquisition financing activities liabilities	0	[2]	0	[3]	0	[4]
Disposal non cash	(772)	[2]	0	[3]	0	[4]
Disposal entities held for sale	0	[2]	0	[1],[3]
Foreign exchange movement	259	[2]	(419)	[3]	229	[4]
Increase decrease through fair value changes financing activities liabilities	0	[2]	0	[3]	0	[4]
Liabilities arising from financing activities at end of period	€ 14,794	[2]	€ 17,248	[2],[3]	€ 17,675	[3],[4]
[1]	(**) Includes mainly the balance of the USA Sale perimeter (see Notes 1.3, 3 and 21).
[2]	(*) Additionally, there is €14 million of subordinated deposits as of December 31, 2021 (see Note 22.4 and Appendix VI). The subordinated issuances of BBVA Paraguay and of the USA Sale perimeter as of December 31, 2020 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" of the consolidated balance and amounted to €37 and €735 million, respectively. In addition, in 2021 there were coupon payments of subordinated liabilities for 359 million euros.
[3]	(*) Additionally, there were €12 million of subordinated deposits as of December 31, 2020 (see Note 22.4 and Appendix VI). The subordinated issuances of BBVA Paraguay and of the USA Sale perimeter as of December 31, 2020 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" of the consolidated balance and amounted to €37 and €735 million, respectively. In addition, in 2020 there were coupon payments of subordinated liabilities for 387 million euros.
[4]	(*)Additionally, there were subordinated deposits for €384 million as of December 31, 2019 (see Note 22.4 and Appendix VI). Subordinated issuances corresponding to BBVA Paraguay as of December 31, 2019 were recorded in the heading "Liabilities included in disposal groups classified as held for sale" and amounted to €40 million.

Note 52 Fees for audits conduct

Note 52 Fees for audits conducted and other related services (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fees for audits conducted and other related services [Line Items]
Audits of the companies audited by firms belonging to the kpmg worldwide organization and other reports related with the audit	[1],[2]	€ 24.4	€ 27.7	€ 28.1
Other reports required pursuant to applicable legislation and tax regulations issued by the national supervisory bodies of the countries in which the group operates reviewed by firms belonging to kpmg	[1]	1.5	1.3	1.5
Fees for audits conducted by other firms	[1]	€ 0.2	€ 0.2	€ 0
[1]	(*) Regardless of the billed year.
[2]	(**) Including fees pertaining to annual legal audits (€21.0, €23.6 and €24.1 million as of December 31, 2021, 2020 and 2019, respectively).

Note 52 Other services rendered

Note 52 Other services rendered (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other services rendered [Line Items]
Firms belonging to the kpmg worldwide organization	€ 0.2	€ 0.4	€ 0.3

Note 52 Fees for audits condu_2

Note 52 Fees for audits conducted (Details) - EUR (€) € in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fees for audits conducted [Line Items]
Legal audit of bbva sa or its companies under control	[1]	€ 7.2	€ 6.5	€ 6.5
Other audit services of bbva sa or its companies under control	[1]	5.2	5.4	5.5
Limited review of bbva sa or its companies under control	[1]	0.9	0.9	0.9
Reports related to issuances	[1]	0.1	0.3	0.3
Assurance services and other required by the regulator	[1]	€ 0.8	€ 0.9	€ 0.8
[1]	(*) Services provided by KPMG Auditores, S.L. to companies located in Spain, to the branch of BBVA in New York and to the branch of BBVA in London.

Note 53 Balances Arising From T

Note 53 Balances Arising From Transactions With Entities Of The Group Explanatory (Details) - EUR (€) € in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets [member]
Disclosure of transactions between related parties [line items]
Loans and advances to banks	€ 9	€ 148	€ 26
Loans and advances to customers	2,031	1,743	1,682
Liabilities [member]
Disclosure of transactions between related parties [line items]
Deposits from credit institutions	1	0	3
Deposits from customers	296	791	453
Memorandum accounts [Member]
Disclosure of transactions between related parties [line items]
Financial Guarantees Given Related Party Transactions	154	132	166
Other Commitments Given Related Party Transactions	1,056	1,400	1,042
Loan commitments given related party transactions	€ 11	€ 11	€ 106

Note 53 Balance of income state

Note 53 Balance of income statement arising from transactions with entities of the group (Details) - EUR (€) € in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Profit and loss related party transactions [Line Items]
Interest Income And Other Similar Interests Related Party Transactions	€ 16	€ 20	€ 19
Interest Expense Related Party Transactions	0	1	1
Fee and commission income related parties transactions	8	5	4
Fee And Commission Expense Related Party Transactions	€ 31	€ 34	€ 53

Note 53 Transactions with membe

Note 53 Transactions with members of the board of directors and senior management balance at 31st december (Details) - EUR (€) € in Thousands		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Director [Member]
Nature of the transactions [Line Items]
Loans and credits to related parties		€ 765	€ 0	€ 607
Bank guarantees to related parties		0	0	0
Business credit to related parties		0	0	0
Related parties [member]
Nature of the transactions [Line Items]
Loans and credits to related parties		207	0	0
Bank guarantees to related parties		0	0	0
Business credit to related parties		0	0	0
Senior management [Member]
Nature of the transactions [Line Items]
Loans and credits to related parties	[1]	5,419	5,349	4,414
Bank guarantees to related parties	[1]	10	10	10
Business credit to related parties	[1]	0	0	0
Related parties of senior management [Member]
Nature of the transactions [Line Items]
Loans and credits to related parties		573	580	57
Bank guarantees to related parties		0	25	25
Business credit to related parties		€ 0	€ 0	€ 0
[1]	*Excluding executive directors

Note 54 Remuneration For Non Ex

Note 54 Remuneration For Non Executive Directors Explanatory (Details) € in Thousands	12 Months Ended
	Dec. 31, 2021EUR (€)
Board of Directors Chairman [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	€ 1,673	[1]
Board of Directors Chairman [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Board of Directors Chairman [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	129
Executieve Committee [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	667	[1]
Executieve Committee [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	167
Executieve Committee [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	167
Executieve Committee [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Executieve Committee [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Executieve Committee [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Executieve Committee [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Executieve Committee [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	167
Executieve Committee [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Executieve Committee [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Executieve Committee [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Executieve Committee [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	167
Executieve Committee [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Executieve Committee [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Audit And Compliance Committee [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	431	[1]
Audit And Compliance Committee [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	66
Audit And Compliance Committee [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	165
Audit And Compliance Committee [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Audit And Compliance Committee [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	66
Audit And Compliance Committee [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Audit And Compliance Committee [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	66
Audit And Compliance Committee [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Audit And Compliance Committee [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	66
Audit And Compliance Committee [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Audit And Compliance Committee [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Audit And Compliance Committee [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Audit And Compliance Committee [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Audit And Compliance Committee [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Risk Committee [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	642	[1]
Risk Committee [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Risk Committee [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	107
Risk Committee [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	107
Risk Committee [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Risk Committee [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Risk Committee [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Risk Committee [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Risk Committee [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Risk Committee [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	214
Risk Committee [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	107
Risk Committee [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	107
Risk Committee [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Risk Committee [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	278	[1]
Remuneration Committee [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	107
Remuneration Committee [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	43
Remuneration Committee [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	43
Remuneration Committee [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Remuneration Committee [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	43
Remuneration Committee [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	43
Appointments Committee [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	301	[1]
Appointments Committee [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	115
Appointments Committee [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Appointments Committee [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Appointments Committee [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	46
Appointments Committee [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Appointments Committee [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Appointments Committee [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	46
Appointments Committee [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Appointments Committee [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	46
Appointments Committee [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Appointments Committee [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	46
Appointments Committee [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Appointments Committee [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	171	[1]
Technology And Cybersecurity Committee [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	43
Technology And Cybersecurity Committee [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	43
Technology And Cybersecurity Committee [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	43
Technology And Cybersecurity Committee [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation
Technology And Cybersecurity Committee [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	43
Other positions [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	130	[1],[2]
Other positions [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	50	[2]
Other positions [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	80	[2]
Other positions [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Other positions [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation		[2]
Directors Remuneration Expense [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	4,293	[1]
Directors Remuneration Expense [Member] | José Miguel Andrés Torrecillas [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	527
Directors Remuneration Expense [Member] | Jaime Caruana Lacorte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	567
Directors Remuneration Expense [Member] | Raúl Galamba de Oliveira [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	278
Directors Remuneration Expense [Member] | Belén Garijo López [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	349
Directors Remuneration Expense [Member] | Sunir Kumar Kapoor [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	172
Directors Remuneration Expense [Member] | Lourdes Maiz Carro [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	238
Directors Remuneration Expense [Member] | José Maldonado Ramos [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	342
Directors Remuneration Expense [Member] | Ana Peralta Moreno [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	238
Directors Remuneration Expense [Member] | Juan Pi Llorens [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	512
Directors Remuneration Expense [Member] | Ana Revenga Shanklin [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	236
Directors Remuneration Expense [Member] | Susana Rodriguez Vidarte [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	449
Directors Remuneration Expense [Member] | Carlos Salazar Lomelín [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	172
Directors Remuneration Expense [Member] | Jan Verplancke [Member]
Remuneration For Non Executive Directors [Line Items]
Key management personnel compensation	€ 214
[1]	(2) Includes amounts corresponding to membership on the Board and its various committees during the 2021 financial year.
[2]	(1) Amounts received during the 2021 financial year by José Miguel Andrés Torrecillas, in his capacity as Deputy Chair of the Board of Directors, and by Juan Pi Llorens, in his capacity as Lead Director.

Note 54 Annual fixed remunerati

Note 54 Annual fixed remuneration (Details) € in Thousands	Dec. 31, 2021EUR (€)
Annual fixed remuneration for 2021 [Line Items]
Annual fixed remuneration for 2021	€ 5,103
Board of Directors Chairman [Member]
Annual fixed remuneration for 2021 [Line Items]
Annual fixed remuneration for 2021	2,924
Chief Executive Officer [Member]
Annual fixed remuneration for 2021 [Line Items]
Annual fixed remuneration for 2021	€ 2,179

Note 54 Annual variable remuner

Note 54 Annual variable remuneration Upfront payment (Details) € in Thousands	Dec. 31, 2020EUR (€)shares
Annual variable remuneration Upfront payment BBVA directors [Line Items]
Annual variable remuneration BBVA directors in cash | €	€ 0
Annual variable remuneration BBVA directors in shares | shares	0
Board of Directors Chairman [Member]
Annual variable remuneration Upfront payment BBVA directors [Line Items]
Annual variable remuneration BBVA directors in cash | €	€ 0
Annual variable remuneration BBVA directors in shares | shares	0
Chief Executive Officer [Member]
Annual variable remuneration Upfront payment BBVA directors [Line Items]
Annual variable remuneration BBVA directors in cash | €	€ 0
Annual variable remuneration BBVA directors in shares | shares	0

Nota 54 Deferred annual variabl

Nota 54 Deferred annual variable remuneration Deferred portion (Details) € in Thousands	Dec. 31, 2021EUR (€)shares	[1]
deferred annual variable remuneration deferred portion bbva directors [Line Items]
Deferred annual variable remuneration BBVA directors in cash | €	€ 717
Deferred annual variable remuneration BBVA directors in shares | shares	123,488
Board of Directors Chairman [Member]
deferred annual variable remuneration deferred portion bbva directors [Line Items]
Deferred annual variable remuneration BBVA directors in cash | €	€ 411
Deferred annual variable remuneration BBVA directors in shares | shares	83,692
Chief Executive Officer [Member]
deferred annual variable remuneration deferred portion bbva directors [Line Items]
Deferred annual variable remuneration BBVA directors in cash | €	€ 307
Deferred annual variable remuneration BBVA directors in shares | shares	39,796
[1]	(1) Remuneration corresponding to the Deferred AVR for the 2017 financial year payable in 2021, together with its update in cash. The Deferred AVR of the Chairman and the Chief Executive Officer for the 2017 financial year is associated with their previous positions as Chief Executive Officer and President & CEO of BBVA USA, respectively.

Note 54 Annual fixed remunera_2

Note 54 Annual fixed remuneration Senior management (Details) € in Thousands	Dec. 31, 2021EUR (€)
Annual fixed remuneration senior management [Line Items]
Senior management total annual fixed remuneration	€ 16,435

Note 54 Annual variable remun_2

Note 54 Annual variable remuneration Upfront portion Senior management (Details) - Senior management [Member] € in Thousands	Dec. 31, 2020EUR (€)shares
Annual variable remuneration Upfront portion senior management [Line Items]
Annual variable remuneration senior management in cash | €	€ 0
Annual variable remuneration senior management in shares | shares	0

Note 54 Annual variable remun_3

Note 54 Annual variable remuneration Deferred portion Senior management (Details) - Senior management [Member] € in Thousands	Dec. 31, 2021EUR (€)shares	[1]
Annual variable remuneration Deferred portion senior management [Line Items]
Deferred annual variable remuneration senior management in cash | €	€ 667
Deferred annual variable remuneration senior management in shares | shares	119,313
[1]	(1) Remuneration corresponding to the Deferred AVR for the 2017 financial year payable in 2021, in the case of members of Senior Management who were beneficiaries, together with its update in cash.

Note 54 Pension commitments wit

Note 54 Pension commitments with executive directors and member of senior Management (Details)	Dec. 31, 2021shares
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	183,832	[1]
Theoretical shares accumulated at 31 december 2021	791,681
José Miguel Andrés Torrecillas [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	22,860	[1]
Theoretical shares accumulated at 31 december 2021	98,772
Jaime Félix Caruana Lacorte [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	25,585	[1]
Theoretical shares accumulated at 31 december 2021	56,972
Raúl Galamba [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	9,500	[1]
Theoretical shares accumulated at 31 december 2021	9,500
Belén Garijo López [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	15,722	[1]
Theoretical shares accumulated at 31 december 2021	77,848
Sunir Kumar Kapoor [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	7,737	[1]
Theoretical shares accumulated at 31 december 2021	30,652
Lourdes Maiz Carro [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	10,731	[1]
Theoretical shares accumulated at 31 december 2021	55,660
José Maldonado Ramos [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	15,416	[1]
Theoretical shares accumulated at 31 december 2021	123,984
Ana Peralta Moreno [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	10,731	[1]
Theoretical shares accumulated at 31 december 2021	26,396
Juan Pi Llorens [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	23,079	[1]
Theoretical shares accumulated at 31 december 2021	115,896
Ana Revenga Shanklin [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	7,568	[1]
Theoretical shares accumulated at 31 december 2021	7,568
Susana Rodriguez Vidarte [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	20,237	[1]
Theoretical shares accumulated at 31 december 2021	161,375
Carlos Salazar Lomelín [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	5,642	[1]
Theoretical shares accumulated at 31 december 2021	5,642
Jan Verplancke [Member]
Deferred share Remuneration system [Line Items]
Theoretical shares allocated in 2021	9,024	[1]
Theoretical shares accumulated at 31 december 2021	21,416
[1]	(1)The number of "theoretical shares" allocated to each non-executive director is equal to 20% of the total annual fixed allowance in cash received by each such director in 2020 based on the average closing price of the BBVA share during the 60 trading sessions prior to the General Meeting of 20 April 2021, which was €4.44 per share.