SPAIN ECONOMIC OUTLOOK
Macroeconomic forecasts, growth projections, inflation trends and structural economic developments in Spain
8 articles
Government revises growth upward to 2.6%, supported by the success of its aid plan and an employment surge
EL PAÍSEl Gobierno revisa al alza el crecimiento hasta el 2,6%, apoyado en el éxito de su plan de ayudas y el acelerón del empleo
Jun 29, 2026, 08:14 AM
The Spanish government has revised its growth forecast upward to 2.6%, citing the success of its aid package and an acceleration in employment. The revision improves the November forecast by four tenths and underscores the effect of anti-crisis aid in shoring up domestic demand.
Labor Ministry opens talks with unions and employers to narrow the corporate pay gap
EL PAÍSTrabajo abre la negociación con sindicatos y patronales para reducir la brecha salarial en las empresas
Jun 25, 2026, 04:11 PM
Spain's Ministry of Labor has opened negotiations with unions and employers' associations to reduce the gender pay gap in companies. The talks follow the government's failure to transpose the EU pay-transparency directive by a deadline that expired on 7 June. The aim is to bring Spanish rules into line with the European requirement on wage transparency.
AIReF warns that budget extensions are dragging on economic growth
EL PAÍSLa Airef avisa de que las prórrogas de los Presupuestos impactan en el crecimiento económico
Jun 25, 2026, 11:54 AM
Spain's independent fiscal authority, AIReF, has warned that successive extensions of the state budget are weighing on economic growth. The watchdog nonetheless acknowledges that the economy is showing resilience despite an adverse backdrop and signals an improvement in its forecasts for the year. The assessment highlights the cost of governing without a new budget.
Eight in ten Spaniards reject raising the retirement age to 70 for a larger pension
EL PAÍSOcho de cada diez españoles rechazan subir la edad de jubilación a 70 años para cobrar una pensión mayor
Jun 25, 2026, 11:47 AM
Eight in ten Spaniards reject raising the retirement age to 70 in exchange for a larger pension, according to a survey by Funcas. The same poll shows that 70% believe paying out pensions will 'soon' become an economic problem. The findings highlight public anxiety over the sustainability of Spain's pension system.
Social Security Costs Rose 4.5% in 2025 — Outpacing Wages
EL PAÍSLos costes en cotizaciones sociales crecieron en 2025 un 4,5%, un punto más que los salarios
Mar 17, 2026, 11:36 AM
Spain's social security contributions paid by employers grew by 4.5% in 2025, outpacing wage growth by a full percentage point. Total labour costs per worker reached €3,382 by the end of the year. The gap highlights the rising non-wage burden on Spanish businesses.
Spanish Banks in Talks with ICO to Co-Manage Government's New Sovereign Fund
EL PAÍSLa banca negocia con el ICO para participar en la gestión del fondo soberano del Gobierno
Mar 17, 2026, 04:45 AM
Spain's banking sector is in negotiations with the Instituto de Crédito Oficial (ICO) to play a role in managing the government's planned sovereign wealth fund. The state expects to inject up to €120 billion into the economy, with investments targeting housing, energy and startup development. The initiative marks one of the most ambitious state-led capital deployment plans in Spain's recent economic history.
Spaniards' Peak Tax Burden Falls Around Age 50
EL PAÍSEl esfuerzo fiscal de los españoles alcanza su pico máximo alrededor de los 50 años
Mar 17, 2026, 04:30 AM
A report by Spanish think tank Fedea finds that Spanish citizens contribute more to the public system than they receive only between the ages of 30 and 60, with their fiscal effort peaking around age 50. Before and after that window, individuals are net beneficiaries of public spending. The findings highlight the narrow age band that effectively sustains the welfare state.
Creditor Funds Hunting for Spanish Assets at the US World Cup
EL PAÍSLos fondos acreedores por el recorte de las renovables rastrean bienes españoles en el Mundial de fútbol de EE UU
Mar 17, 2026, 04:15 AM
Investment funds that acquired litigation rights related to Spain's cuts to renewable energy subsidies are now tracking Spanish state assets linked to the 2026 FIFA World Cup in the United States. The funds have requested information from financial institutions and companies involved in the tournament, aiming to enforce unpaid international arbitration awards against Spain. This latest move highlights the ongoing legal and financial battle between Spain and foreign investors over its controversial rollback of green energy incentives.