Spain GDP Growth Rate

Last Release

Dec 31, 2025

Actual

0.8

Units In

0.6

Frequency

Quarterly

Next Release

Mar 26, 2026

Time to Release

1 Months 22 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
16.8 Sep 2020	-17.7 Jun 2020	0.5 %	1995-2025	National Statistics Institute (INE)

Spain is the fourth largest economy in the Euro Zone and the fifth biggest economy in the European Union. The country has a strong and diverse manufacturing industry and is one of the biggest tourist destinations in the world. On the expenditure side, household consumption is the main component of Spain's GDP (58 percent), followed by gross fixed capital formation (21 percent) and government expenditure (18 percent). Within investments, tangible fixed assets account for 18 percent of GDP, including construction (10 percent) and machinery, equipment and weapon system (7 percent); and intellectual property products account for the remaining 3 percent. Exports of goods and services account for 34 percent of GDP while imports account for 31 percent, adding 3 percent of total GDP.

Latest Updates

Spain’s economy grew by a strong 0.8% quarter on quarter in the final three months of 2025, marking its fastest pace of growth in a year and accelerating from 0.6% in the previous quarter, preliminary estimates showed. The result also beat market expectations, which had pointed to a more modest 0.6% expansion. The data highlight Spain’s resilience at a time when global trade tensions, reignited by Donald Trump, have been weighing on other economies. On an annual basis, GDP rose 2.6%, slightly slower than the 2.7% recorded in the third quarter and just below forecasts of 2.7%, suggesting some moderation but still solid momentum. For the whole of 2025, the economy expanded by 2.8%, clearly outperforming most Euro Area peers. This continued outperformance has been supported by a booming tourism sector, favourable energy conditions and strong household spending, with domestic consumption once again playing a central role in driving growth.