Spanish GDP accelerates and grows by 0.8% in the second quarter

Spanish GDP grew by 0.8% in the second quarter, one-tenth of a percentage point more than initially expected. According to data from the INE published this Friday, between April and June, year-on-year GDP growth (compared to the same period in 2024) remains strong at 3.1%, three-tenths of a percentage point higher than anticipated.

The Spanish economy thus consolidates the Spanish government's growth forecast, which had anticipated reaching 2.7% in 2025. The rise in GDP is driven by domestic demand, which boosts consumption, and investment in the face of the unstable international environment.

Domestic demand maintains its upward trend, with a rate of 0.8% in the second quarter compared to the first. Investment also grew by 1.8%.