GDP growth (annual) · Spain
Spain GDP Growth Rate YoY Final
The Spain GDP Growth Rate YoY Final measures how much the economy of Spain grew compared with the same period a year earlier.
- Importancia
- Medium
- Publicado
- Quarterly
- Próxima publicación
- Divisa
- EUR · euro
- Banco central
- The European Central Bank (with the Banco de España)
Últimas cifras
El último dato, de Q2, se publicó el 2026-09-25 y fue 2.6%. Está por debajo del consenso de 2.7%. No cambia respecto a 2.6% la vez anterior (revisado).
A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
En las últimas 7 publicaciones osciló entre 2.6% y 3.4%, con una media de 2.9%.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 25 Sep 2026 | Q2 | 2.6% | 2.7% | 2.6% ® |
| 25 Jun 2026 | Q1 | 2.7% | 2.7% | 2.6% |
| 26 Mar 2026 | Q4 | 2.7% | 2.6% | 2.7% |
| 23 Dec 2025 | Q3 | 2.8% | 2.8% | 2.9% ® |
| 26 Sep 2025 | Q2 | 3.1% | 2.8% | 3.2% ® |
| 25 Jun 2025 | Q1 | 2.8% | 2.8% | 3.3% |
| 26 Mar 2025 | Q4 | 3.4% | 3.5% | 3.5% |
Por qué importa
The yearly rate is less noisy than the quarterly change and is the figure most people mean by "economic growth". It shapes the earnings outlook for local companies, tax revenue, and the European Central Bank (with the Banco de España)'s view of how much spare capacity the economy has.
Cómo se calcula
the National Statistics Institute (INE) compares real GDP (after inflation) with the same quarter or year before; full-year figures sum the four quarters.
Growth (yoy) = real GDP ÷ real GDP a year ago − 1Qué significan los cambios
- Growth above the country's trend (about 1–2% for advanced economies, more for emerging ones) tends to raise inflation pressure.
- Annual growth turns only slowly; the quarterly figure shows turning points earlier.
Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.
Menor de lo esperado: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
Una breve historia
Annual national accounts spread after the Second World War under the UN System of National Accounts (first edition 1953).
Preguntas
What is the Spain GDP Growth Rate YoY Final?
The Spain GDP Growth Rate YoY Final measures how much the economy of Spain grew compared with the same period a year earlier.
What was the latest Spain GDP Growth Rate YoY Final?
2.6% for Q2, published on 25 September 2026 (consensus 2.7%, previous 2.6%).
When is the next Spain GDP Growth Rate YoY Final?
On Wednesday 23 December 2026 at 08:00 UTC.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.