Spain’s industrial production fell by 0.3% year-on-year in December 2025, the first decrease since February 2025, after an upwardly revised 4.6% rise in the prior month. The pullback was driven by declines in durable consumer goods (-2% vs -3.3% in November); intermediate goods (-1.6% vs 3.2%) and capital goods (-0.8% vs 1.5%). At the same time, output growth slowed for energy (3.9% vs 7.4%) and non-durable consumer goods (0.8% vs 3.8%). On a seasonally adjusted monthly basis, industrial activity shrank by 2.5% in December, following an upwardly revised 1.1% rise the month before. For the year 2025 as a whole, Spanish industrial production grew by an average of 1.3%. source: National Statistics Institute (INE)

Industrial Production in Spain decreased 0.30 percent in December of 2025 over the same month in the previous year. Industrial Production in Spain averaged 0.91 percent from 1976 until 2025, reaching an all time high of 46.20 percent in April of 2021 and a record low of -34.30 percent in April of 2020. This page provides the latest reported value for - Spain Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Industrial Production in Spain decreased 0.30 percent in December of 2025 over the same month in the previous year. Industrial Production in Spain is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Industrial Production is projected to trend around 2.90 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-09 08:00 AM
Industrial Production YoY
Nov 4.5% 1.2% 1.0%
2026-02-06 08:00 AM
Industrial Production YoY
Dec -0.3% 4.6% 4.0%
2026-03-05 08:00 AM
Industrial Production YoY
Jan -0.3%


Related Last Previous Unit Reference
Bankruptcies 3614.00 2429.00 Companies Dec 2025
Changes in Inventories 2433.00 2540.00 EUR Million Dec 2025
Industrial Production YoY -0.30 4.60 percent Dec 2025
Industrial Production Mom -2.50 1.10 percent Dec 2025
Manufacturing Production 0.10 1.80 percent Dec 2025
Mining Production -13.40 14.90 percent Dec 2025


Spain Industrial Production
In Spain, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 82 percent of total production. The biggest segments within Manufacturing are: Food products (12 percent of total production); fabricated metal products, except machinery and equipment (9 percent); motor vehicles, trailers and semi-trailers (6 percent); chemicals and chemical products (6 percent); other non-metallic mineral products (5 percent); rubber and plastic products (4 percent); machinery and equipment (4 percent); basic metals (4 percent); and beverages (4 percent). Electricity, gas, steam and air conditioning account for 14 percent of total output; Water supply, sewerage, waste management and remediation account for 3 percent; and Mining and quarrying account for 1 percent.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 4.60 46.20 -34.30 1976 - 2025 percent Monthly
2021=100, SA, WDA

News Stream
Spain Factory Activity Logs First Decline in 10 Months
Spain’s industrial production fell by 0.3% year-on-year in December 2025, the first decrease since February 2025, after an upwardly revised 4.6% rise in the prior month. The pullback was driven by declines in durable consumer goods (-2% vs -3.3% in November); intermediate goods (-1.6% vs 3.2%) and capital goods (-0.8% vs 1.5%). At the same time, output growth slowed for energy (3.9% vs 7.4%) and non-durable consumer goods (0.8% vs 3.8%). On a seasonally adjusted monthly basis, industrial activity shrank by 2.5% in December, following an upwardly revised 1.1% rise the month before. For the year 2025 as a whole, Spanish industrial production grew by an average of 1.3%.
2026-02-06
Spain Industrial Output Surges Most Since 2022
Spain’s industrial production expanded by 4.5% year-on-year in November 2025, sharply accelerating from a 1.2% increase in October and marking the strongest growth since July 2022, primarily driven by robust gains in energy output (7.2% vs. 3.8%), non-durable consumer goods (4.0% vs. 0.4%), and intermediate goods (3.2% vs. 1.7%). Capital goods production also returned to growth, rising 0.9% after a 1.5% decline in the previous month. In contrast, output of durable consumer goods fell by 3.3%, reversing October’s 0.9% increase. On a month-on-month basis, industrial activity grew by 1.0% in November, building on a 0.6% rise in October.
2026-01-09
Spain Factory Activity Up for 8th Month
Spain's industrial production rose by 1.2% year-on-year in October 2025, following a downwardly revised 1.5% increase in the prior month. This marked the eighth consecutive month of growth in industrial activity, led by a 3.6% increase in energy output. Output also advanced for intermediate goods (+1.2%) and consumer goods (+0.9%), but declined for capital goods (-1%). On a seasonally adjusted monthly basis, industrial output went up 0.7% in October, after a downwardly revised 0.3% increase in September. In the first ten months of 2025, Spanish industrial output rose by 1.1% compared to the same period a year ago.
2025-12-05