Spain: Economic growth forecast

* indicates monthly or quarterly data series
 Spain

Economic growth forecast

 Latest value 1.64
 Year 2028
 Measure percent
 Data availability 1980 - 2028
 Average 2.13
 Min - Max -11.17 - 6.40
 Source International Monetary Fund
The latest value from 2028 is 1.64 percent, an increase from 1.63 percent in 2027. In comparison, the world average is 3.37 percent, based on data from 183 countries. Historically, the average for Spain from 1980 to 2028 is 2.13 percent. The minimum value, -11.17 percent, was reached in 2020 while the maximum of 6.4 percent was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Spain - Economic growth forecast - Recent values chart

Historical series
Spain - Economic growth forecast - historical chart - 1980-2028




Definition: Year-on-year percent changes in constant price GDP. The base year is country-specific. Expenditure-based GDP is the total final expenditure at purchasers prices including the f.o.b. value of exports of goods and services, less the f.o.b. value of imports of goods and services. The series includes actual historical values for past years and forecast values for the current and the next few years.

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 Related indicators Latest Reference Measure
 Economic growth forecast 1.64 2028 percent
 Investment forecast 21.33 2028 percent
 Inflation forecast 1.80 2028 percent
 Unemployment rate forecast 11.04 2028 percent
 Budget balance forecast -3.07 2028 percent
 Current account forecast 1.75 2028 percent
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