Spain GDP Growth Rate

Last Release

Sep 30, 2025

Actual

0.6

Units In

0.7

Frequency

Quarterly

Next Release

Mar 26, 2026

Time to Release

2 Months 30 Days 10 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 gross domestic product grew 0.6% quarter-on-quarter in Q3 2025, easing from a downwardly revised 0.7% expansion in Q2, in line with preliminary estimates. External trade contributed negatively to growth, as exports declined (-0.6% vs 1.4% in Q2) and imports increased (1.3% vs 2%). On the other hand, household consumption (1.1% vs 0.8%), public investment (1.3% vs flat reading), and fixed investment (2.1% vs 1.8%) rose faster. Q3 figures confirm Spain’s continued outperformance within the Euro Area, underpinned by sustained strength in tourism, favorable energy dynamics, and firm domestic consumption.