Finance

Spain raises 2025 growth forecast to 2.6%

Published by Global Banking & Finance Review

Posted on February 3, 2025

1 min read

· Last updated: January 26, 2026

Add as preferred source on Google
Spain's Economy Minister announces 2025 GDP growth forecast increase - Global Banking & Finance Review
The image illustrates Spain's economic outlook as the government raises its 2025 GDP growth forecast to 2.6%, reflecting optimism amid global challenges. This update highlights Spain's leadership in the euro zone's growth.
Global Banking & Finance Awards 2026 — Call for Entries

MADRID (Reuters) - The Spanish government raised its 2025 gross domestic product growth forecast to 2.6% from a previous 2.4%, Economy Minister Carlos Cuerpo said on Sunday in a post on the X platform

Spain raises 2025 growth forecast to 2.6%

MADRID (Reuters) -The Spanish government raised its 2025 gross domestic product growth forecast to 2.6% from a previous 2.4%, Economy Minister Carlos Cuerpo has said.

Cuerpo gave the revised figure in media interviews, telling radio station RNE on Monday that despite global geopolitical risks, Spain would lead the euro zone's largest economies this year.

Spain's GDP expanded a higher than expected 3.2% in 2024, data showed last week.

Cuerpo said Spanish growth accounted for almost 50% of the 20-country bloc's growth in 2024.

In contrast to Spain, France expects 0.9% growth and Germany 0.3% this year.

(Reporting by Inti Landauro; Editing by Toby Chopra and Andrew Cawthorne)

Key Takeaways

  • Spain raises 2025 GDP growth forecast to 2.6%.
  • Spain leads euro zone's largest economies in growth.
  • Spanish GDP grew 3.2% in 2024, surpassing expectations.
  • Spain's growth represents 50% of euro zone's 2024 growth.
  • France and Germany forecast lower growth rates.

Frequently Asked Questions

What is Spain's revised GDP growth forecast for 2025?
The Spanish government raised its 2025 GDP growth forecast to 2.6% from a previous 2.4%.
How did Spain's GDP perform in 2024?
Spain's GDP expanded by a higher than expected 3.2% in 2024, contributing almost 50% of the euro zone's growth.
What are the growth expectations for France and Germany in 2025?
France expects a growth of 0.9% and Germany anticipates only 0.3% growth this year.
Who provided the updated growth forecast for Spain?
The revised growth forecast was provided by Economy Minister Carlos Cuerpo during media interviews.
What factors did Cuerpo mention regarding Spain's economic performance?
Cuerpo noted that despite global geopolitical risks, Spain would lead the euro zone's largest economies this year.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category