BBVA Research Boosts spain GDP Forecasts for 2025 & 2026
Madrid – BBVA Research has upgraded its economic projections for Spain, anticipating stronger growth in the coming years. The financial group now forecasts a 3% expansion of Spain’s Gross Domestic Product (GDP) for 2025, a half-point increase from its previous estimate. Simultaneously, the outlook for 2026 has been revised upwards to 2.3%.
The improved forecasts signal increased confidence in Spain’s economic resilience and potential for sustained recovery. This revision impacts businesses, investors, and consumers alike, suggesting a more robust economic surroundings than previously expected. The upgraded projections are likely to influence investment decisions and government policy as Spain navigates ongoing global economic uncertainties.
BBVA Research’s analysis points to a combination of factors driving the positive revision, including robust domestic demand, a recovering tourism sector, and the anticipated impact of European Union recovery funds.Spain’s economy has demonstrated a capacity to absorb external shocks, and the latest data suggests a strengthening trajectory.
Spain’s economy experienced a important contraction in 2020 due to the COVID-19 pandemic, but has since shown signs of recovery. The country is a major player in the Eurozone,and its economic performance has implications for the wider European economy. BBVA,one of Spain’s largest banks,provides regular economic analysis and forecasts that are closely watched by policymakers and financial markets.
