Spain | GDP advances by 0.6% in 3Q26, and consolidates the outlook for 2026

In 3Q26, GDP grew by 0.6% q/q, in line with the BBVA Research forecast. The main demand aggregates were also aligned with expectations, with positive surprises in exports and construction. Employment continues to grow and productivity improved.

Key points

• Key points:
• GDP maintains solid growth, in line with expectations.
• The data support a growth of 2.6% for 2026.
• Domestic demand sustains growth and the external sector contributes positively.
• Consumption and fixed investment meet expectations and exports surprise positively.
• Employment continues to grow and productivity improved.

Geographies

Topics

Tags