Name: Spain GDP Annual Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Spain,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Spain's economy grew by 2.6 percent year-on-year in the fourth quarter of 2025, the least in two years, following a downwardly revised 2.7 percent expansion in the previous period and missing market expectations of 2.7 percent, a preliminary estimate showed. source: National Statistics Institute (INE)

The Gross Domestic Product (GDP) in Spain expanded 2.60 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Spain averaged 2.11 percent from 1996 until 2025, reaching an all time high of 19.80 percent in the second quarter of 2021 and a record low of -21.50 percent in the second quarter of 2020. This page provides the latest reported value for - Spain GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in Spain expanded 2.60 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Spain is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain GDP Annual Growth Rate is projected to trend around 1.80 percent in 2027 and 1.70 percent in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	2.80	3.50	percent	Dec 2025
GDP Growth Rate YoY	2.60	2.70	percent	Dec 2025
GDP Current Prices	434595.00	422344.00	EUR Million	Dec 2025
GDP from Agriculture	11579.00	11359.00	EUR Million	Dec 2025
GDP from Construction	23468.00	22893.00	EUR Million	Dec 2025
GDP from Manufacturing	45427.00	44781.00	EUR Million	Dec 2025
GDP from Public Administration	69543.00	65286.00	EUR Million	Dec 2025
GDP from Services	297432.00	288931.00	EUR Million	Dec 2025
GDP from Transport	96356.00	94467.00	EUR Million	Dec 2025
GDP Growth Rate	0.80	0.60	percent	Dec 2025
Gross Fixed Capital Formation	90428.00	88241.00	EUR Million	Dec 2025

Spain GDP Annual Growth Rate

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.