25.06.202507:00:00UTC+00Spain's GDP Growth Slows to 2.8% in Q1 2025, Down from 3.3% Last Year

Spain’s economic growth has decelerated in the first quarter of 2025, with the nation's GDP increasing by 2.8% year-over-year—a reduction from the previous year’s first-quarter growth of 3.3%, as reported in the data updated on June 25, 2025.

This trend indicates a slowdown in Spain's economic expansion, as compared to the stronger performance seen in the same period last year. Analysts are considering various factors that might have contributed to this cooling pace, ranging from domestic economic policies to global economic conditions and their impact on the national economy.

The current indicator reflects a need for careful examination of underlying economic activities and consumer behavior that may be affecting overall productivity. As Spain navigates through these changes, economists and policymakers remain focused on strategically addressing these challenges to stimulate economic momentum and maintain sustainable growth.