Spanish economy

Spain is set to lead economic growth in Europe by 2026, with GDP forecast to rise by 2.1% year on year – 0.9 percentage points above the European average of 1.2%. According to Mastercard Economics’ Economic Outlook 2026 report, this outperformance will be driven by rising immigration and the continued strength of the services sector.

Spain’s economy continues to outperform expectations, strengthening the nation’s property market and inspiring confidence among both domestic and international buyers.According to Spain’s National Statistics Institute (INE), GDP growth for 2024 has been revised upwards from 2.9% to an impressive 3.5

Donald Trump's landslide victory in the US elections has significantly impacted major financial assets. The dollar, bitcoin, and stock indices surged following the Republican candidate's win, which had caught financial markets by surprise, given the close race reflected in the polls.

There are numerous methods for calculating a country's wealth.

In 2023, Spain reached a Gross Domestic Product (GDP) per capita expressed in purchasing power standards equivalent to 89% of the EU measure (100), after reducing the gap with the EU-27 by three percentage points compared to 2022.

The Spanish economy grew by 2.5% in 2023, one-tenth of a percentage point more than expected by the government. This was after recording a quarterly increase of 0.6% in the last quarter of the year, two-tenths of a percentage point more than in the previous quarter, according to the advance of

The Organisation for Economic Co-operation and Development (OECD) has revised its growth forecast for Spain upwards by one-tenth of a percentage point in 2024, which it now estimates at 1.5%, after the 2.5% growth in 2023, while it maintains expectations of a rebound in activity to 2% by 2025. The

Spain ranks fourth in the top 10 most attractive European countries for investors in 2024, being the only country with two cities in this ranking – Madrid and Barcelona – demonstrating good forecasts for the real estate sector. According to the latest '2024 European Investor Intentions Survey' prep

Global net private wealth fell by 2.4% in 2022 to $454.4 trillion (€415.6 trillion), the first year of decline in these records since 2008, according to the 14th edition of the Global Wealth Report jointly released by UBS and Credit Suisse. According to the report's explanations, this decline is du

Spain's economic confidence indicator worsened in May with a score of 100.5 – three points lower than in April and the biggest month-on-month drop among the large economies of the European Union, according to the European Commission's Eurozone Economic Sentiment. This is due to worse forecasts

Margarita Delgado, deputy governor of the Bank of Spain, believes that Spain's economy "will regain increasing dynamism" from spring onwards as a result of "a series of factors" after a few months "marked by considerable weakness". She shared these economic forecasts at a colloquium at the Alma Sen

The International Monetary Fund (IMF) anticipates a sharp slowdown in the Spanish economy this year, when it will grow by 1.1%, compared with 5.2% last year, while for next year it anticipates an expansion of 2.4%, according to the update of the world economic outlook published at the end of January

The ECB’s erratic and lacklustre monetary policy, always lagging behind and copying the resolute path set by the US Fed, translates into a weak euro. The US has no qualms to firmly hike the price of money to stave off inflation - unlike in Europe.

The Spanish Government has confirmed the forthcoming tax changes, which are based on a general reduction in personal income tax for low incomes and more taxes on large estates.

The definition of a technical recession is when a country experiences a back-to-back decline for 2 consecutive quarters in the GDP, and BNP Paribas believes this will be the case in Spain in the coming quarters. The French bank BNP Paribas estimates growth for Spain of 4.3% in 2022 an

Spain is the developed country with the worst unemployment and inflation figures, as demonstrated in is what is known as the 'Misery Index'. This index was created in the 1970s by the economist Arthur Okun and every year the Fraser Institute publishes the results of the world's main economies.

The European Commission's new growth forecasts for 2021 and 2022 place Spain at the head of the recovery in the EU. The EU has raised Spanish GDP forecasts from 5.3% to 5.6% for 2021 and from 4.8% to 5.3% in 2022, although without yet recovering its pre-pandemic gross domestic product.

The coronavirus crisis is already showing its economic consequences and is going to cause a severe recession throughout the world, although the economic impact leaves Spain as the developed country that is going to suffer the most this year, while China will be the only country that manages to

Spain is facing one of its most complicated moments due to the COVID-19 outbreak in the country.

All property-related activity has accounted for 20% of all foreign investment between 2014 and 2018. Real estate in Spain is still the most attractive sector for foreign capital, although since 2015 - when a record figure of 8,659 million euros was reached - investment has fallen.

The Basque city is the only Spanish city in the top-20 of the world's most prosperous cities, according to a study by the strategic consulting firm D&L Partners. Madrid didn’t make the top twenty, but it is not the only large capital in the world that has been excluded.

Brexit drags on and keeps hogging all the headlines almost three years after the referendum. For months, the date 29th March 2019 was marked in red on everyone’s calendar, but now there’s going to be a new Brexit deadline.