Spain’s economy maintained its growth momentum at the start of 2026, with gross domestic product expanding 2.7% year-over-year in the first quarter, unchanged from the pace recorded in the fourth quarter of 2025. The latest data, updated on 30 April 2026, indicate that the country has entered the new year with a stable growth profile rather than an acceleration or slowdown.
The comparison is based on year-over-year performance, measuring the change in output in the first quarter of 2026 versus the same period a year earlier, while the previous figure reflected the fourth quarter of 2025 against the fourth quarter of 2024. With the annual growth rate holding at 2.7% across both periods, the data suggest a continuity of economic conditions, providing a clearer backdrop for policymakers and investors assessing the trajectory of Spain’s recovery and medium-term outlook.
