FX.co ★ Spain's GDP Growth Slows to 2.8% in First Quarter of 2025 as Economy Cools

Spain's economic growth has decelerated, with the country's Gross Domestic Product (GDP) increasing by 2.8% in the first quarter of 2025. This marks a slowdown from the 3.4% growth rate recorded in the final quarter of 2024. The latest GDP figures, updated on April 29, 2025, reflect a cooling trend in the Spanish economy amid broader global challenges.

The year-over-year comparison reveals a notable decrease in the pace of growth for the first quarter. This is indicative of a shifting economic landscape as Spain grapples with internal and external factors impacting its economic momentum. While the previous quarter suggested robust expansion, the current indicator underscores a tempered growth trajectory.

With the European markets facing uncertainties and domestic economic policies evolving, Spain's economic planners may need to recalibrate strategies to reinvigorate growth and sustain economic stability. The slowdown serves as a signal for potential reassessments and diversifications in economic approaches to foster resilience against future headwinds.