Spain GDP Growth Rate
2.7%▲ +0.07 pt
Mar 2026 · Quarterly
Spain's real GDP grew 2.72% year-on-year in the first quarter of 2026, accelerating from a 2.65% expansion in the previous quarter. The reading remains well below the all-time high of 19.77% recorded in the second quarter of 2021, and marks the first increase after three consecutive quarterly declines.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.7% | 2.6% | 19.8%Jun 2021 | -21.5%Jun 2020 | 1996 – 2026 | Quarterly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| GDP | $1.91T | $1.73T | $1.91T | $12.4B | Dec 2025 | Annual |
| Industrial Production | 2.0% | 2.6% | 13.9% | -14.1% | Dec 2025 | Annual |
About this series
GDP Growth Rate in Spain averaged 2.1% from 1996 until 2026, reaching an all-time high of 19.8% in Jun 2021 and a record low of -21.5% in Jun 2020. The series is reported quarterly with history from 1996.
Real GDP growth measures the annual change in the inflation-adjusted value of all goods and services produced in Spain. The data are reported quarterly as a year-on-year percentage change. The series spans from the first quarter of 1996 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ