Spanish economy

exports spanish2

Spanish Exports Fall 9.3% Year-on-Year In August

In August, Spanish exports fell by 9.3% year-on-year to €24.4 billion, the lowest figure in four years. Sales abroad were primarily dragged down by the reduction in shipments of energy products (-29.3%); automotive products (-21.8%); non-chemical semi-manufactures (-14.7%); and raw materials (-15.3%). Among key partners, exports decreased to the European Union (EU; -11.3%), the US (-30.5%), and China (-19.9%), but increased to the United Kingdom (+4.5%). Meanwhile, imports fell by…


Cars SeatTC

Car Production in Spain Falls 5.2% Through September (1.7 Million Units)

The Spanish Association of Automobile and Truck Manufacturers (Anfac) reports that vehicle production in Spain grew by 8.8% year-on-year in September, reaching 223,468 units. This specific increase is due to the low production recorded in September 2024, caused by the adaptation of some factory production lines to accommodate new electric models, which led to production falling below usual levels that month. In the accumulated figure through September (9M2025), vehicle production…


inmobiliario oficina

Real estate investment in Spain reaches €12.9 billion through September, up 44%, third-best figure on record

Alphavalue/ Divacons | Real estate investment in Spain reached €12.9 billion in September, 44% above the figure recorded in the same period last year, making it the third best historical record, behind only 2022 and 2018. This figure is above the European average, and the sector expects an even more intense end to the year in terms of investment. On the other hand, 37% of rental properties in Spain are…


utilities

Red Eléctrica Warns Spain Is Again at Risk of Blackout

Red Eléctrica, the Spanish electrical system’s technical operator, states that it has observed “sharp voltage variations in the Spanish peninsular electrical system over the last two weeks, such that they could impact the security of supply if the proposed changes are not implemented.” These operational changes have been requested from the National Commission for Markets and Competition (CNMC), which quickly approved them. Red Eléctrica contacted the CNMC on Tuesday with…


industrial production worker

Spanish industrial production grows 3.4% year-on-year in August compared to 2.7% in July

Link Securities | The National Statistics Institute (INE) reported that industrial production, adjusted for seasonal and calendar effects, fell by 0.1% in Spain in August compared to July, when it had fallen by 0.4%. By sector of activity, the production of capital goods (up 2.6%) was the only one to show a positive monthly rate. In contrast, the production of intermediate goods (down 1.5%) fell the most during the month….


sanchez ursula

Spain: Only One-Third of Next Gen Funds Awarded One Year before Deadline

According to the Government’s portal (“Elisa del Plan de Recuperación”), as of August 31, 2026, a total of €79.854 billion has been reserved for various projects between the Central Administration and the autonomous communities. However, of this amount, only €56.7 billion has been “resolved” or awarded, which does not mean the funds have reached their final recipient. In other words, only one-third of the €163 billion in Next Gen funds…


españabilleteCM

General Council of Economists raises 2025 forecast for Spanish GDP growth to 3%

CdM | The General Council of Economists (CGE) has revised its GDP growth forecast for 2025 upwards to 3%, four tenths higher than its previous estimate, following the recent update by the National Statistics Institute (INE), the dynamism of the first two quarters of this year and the strong performance of domestic demand and the labour market, among other factors. This improvement is in line with those made by the…


Companies restructuring

SME and Self-Employed Insolvencies Hit Record High, Growing 7% Through June

Insolvency proceedings (creditors’ voluntary arrangements) filed by Small and Medium-sized Enterprises (SMEs) and self-employed workers have once again reached a record high in the second quarter, increasing by 7.1% compared to the same period in 2024, to 2,642 filings. These insolvency proceedings thus mark their fifth consecutive year of increases for SMEs in the second quarter, dating back to 2020 when filings were partially suspended due to the COVID-19 pandemic…


oficina empleo

Number of unemployed in Spain falls by 4,846 in September; unemployment at 2.42 million

Bankinter | The number of unemployed people fell by 4,846 in September, from +21,905 in August. Unemployment now stands at 2.42 million people (down 0.2% month-on-month and 5.97% year-on-year). Bankinter team’s view: The number of unemployed fell slightly in September, resuming the decline seen since February, with the only increase occurring in August. The unemployment rate according to the Active Population Survey (EPA) in Q2 2025 stood at 10.29%. Our…


car makers europe

New Car Sales Finally Surpass Pre-Pandemic Levels in September

In September, 85,167 new passenger cars and SUVs were registered in Spain, a 16.4% increase compared to September 2024 and 4.2% more than in the same month of 2019, according to Ideauto data for the Spanish Association of Automobile and Truck Manufacturers (ANFAC). Furthermore, September was the first month since the COVID-19 pandemic in which total sales surpassed the figures for the same month in 2019 (81,746 units that year)…