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December 13, 2024

Spain | The economy moving forward

As the end of the year draws to a close, we find the Spanish economy in job creation mode, but with steadily increasing uncertainty over global economic policy.

December 5, 2024

Spain Economic Outlook. December 2024

GDP growth in 2024 has been revised upward by 0.2 percentage points, reaching 3.1%, driven by stronger-than-expected performance in the third quarter and a slight acceleration in job creation in the fourth. Growth is projected at 2.3% in 2025 and could settle at 1.7% in 2026.

October 21, 2024

Spain | The public sector after the COVID crisis

Spain faces a fiscal adjustment of around 2.5 percentage points of GDP over the next few years. Its debt and public deficit levels make it vulnerable and must be improved through a more efficient set of public policies.

October 15, 2024

Spain Economic Outlook. October 2024

GDP growth forecasts have been revised upwards by 0.4 percentage points for 2024 to reach 2.9%, and by 0.3 pp for 2025 to reach 2.4%. This is due to statistical revisions of historical data, recent developments more favorable than expected, and improved estimates of external and internal demand contributions.

June 14, 2024

Spain Economic Outlook. June 2024

GDP growth forecast for 2024 is raised to 2.5% thanks to the good performance of external demand, the increase in the labor force, and the execution of Recovery Plan funds. However, it will moderate to 2.1% in 2025, largely due to constraints in tourism growth.

November 6, 2020

Spain | Fiscal Watch 4T20

The 2020 deficit is revised to 13% due to the strength of tax collection. The fiscal policy of the coming years will be conditioned by the implementation of the Recovery Plan

July 29, 2020

Spain | Fiscal Watch 3Q20

The public deficit deterioration will be greater than expected three months ago. In an unprecedented crisis, the sustainability of public debt could be compromised.