Economy / WORLD

Spain’s GDP grows 0.6% in third quarter in advance estimate

Spain’s gross domestic product increased 0.6% in volume in the third quarter of 2026 from the preceding quarter, INE reported on 30 October. Growth slowed from 0.7% in the second quarter, while the year-on-year rate rose from 2.6% to 2.7%. The figures are adjusted for seasonal and calendar effects.

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Household consumption rose 0.6% during the quarter, government consumption 0.9% and gross capital formation 0.1%. Domestic demand contributed 0.5 percentage point to quarterly GDP growth and foreign demand 0.1 point. Exports increased 1.3% and imports 1.1%; those growth rates differ from their contributions to the GDP change.

Full-time-equivalent employment grew 0.2% from the previous quarter and 1.6% over the year. The advance estimate uses incomplete quarterly indicators, supplemented by early estimates and other information, and is subject to revision. The 0.6% GDP figure is real quarter-on-quarter growth, rather than nominal growth or an annualized rate.

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Publication of the official announcement on 30 October 2026.

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    Spain’s GDP grows 0.6% in third quarter in advance estimate

    Spain’s gross domestic product increased 0.6% in volume in the third quarter of 2026 from the preceding quarter, INE reported on 30 October. Growth slowed from 0.7% in the second quarter, while the year-on-year rate rose from 2.6% to 2.7%. The figures are adjusted for seasonal and calendar effects.

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