Macro - Country Economic Forecasts - Spain

Macro - Country Economic Forecasts - Spain



Spain's GDP expanded a strong 0.7% in Q1, in line with our above-consensus forecast. The Spanish economy continues to outperform the eurozone by an ample margin, boosted by a booming tourism sector and a stronger recovery in consumer spending. This strong momentum has led us to revise our 2024 GDP growth forecast to 2.4% from 2.2% previously.


Spain: M1 growth confirms our optimistic expectations
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and Structure of trade
Policy
politics

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