Spain Real GDP Growth Slows to 2.71%

Spain's real GDP growth eased to 2.71% year-on-year in the second quarter of 2026, from 2.73% in the previous quarter. The latest reading marks a slight deceleration after the prior period's uptick from 2.65% in the final quarter of 2025. Growth has remained within a narrow band of roughly 2.7% to 2.9% over the past year, with the current figure still well above the series' all-time low of -21.45% recorded in the second quarter of 2020. The pace is also below the 2.87% level seen a year earlier, reflecting a gradual cooling trend since the 3.66% peak in late 2024, according to the International Monetary Fund.