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Macro - Country Economic Forecasts - Spain

Publisher Oxford Economics
Published Sep 16, 2025
Length 9 Pages
SKU # OFE20418400

Description

We continue to forecast the Spanish economy will grow by 2.7% this year and 2% in 2026. Although growth is easing gradually, Spain will continue to be one of the fastest growing economies in the Eurozone. The country is more insulated from the trade war with the US than most of its neighbours, and strong tourism flows, a resilient labour market, and consumer spending continue to support activity.

Table of Contents

9 Pages
Spain: Economic outlook remains steady
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
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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