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Spain GDP Growth Rate (QoQ)

Spain's Quarter-over-Quarter GDP growth rate accelerated to 0.8% in Q2 2025. This is the highest growth in four quarters. It increased from 0.6% in Q1 2025. Robust domestic demand and increased private consumption drove the economic uplift. A tight labor market supported consumer spending. The services sector, representing over half of Spain's GDP, benefited from a sustained tourism boom. Spain's record low Quarter-over-Quarter gdp growth rate was -17.6% in Q2 2020 and record high was 16.2% in Q3 2020.

Quarterly Historical Data (1995-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2025 0.8%
Q1 2025 0.6%
Q4 2024 0.7%
Q3 2024 0.7%
Q2 2024 0.8%
Q1 2024 1.1%
Q4 2023 0.7%
Q3 2023 0.7%
Q2 2023 0.2%
Q1 2023 0.7%
Q4 2022 0.6%
Q3 2022 0.9%
Q2 2022 1.7%
Q1 2022 1.3%
Q4 2021 2%
Q3 2021 2.3%
Q2 2021 2.1%
Q1 2021 0.4%
Q4 2020 0.2%
Q3 2020 16.2%
Q2 2020 -17.6%
Q1 2020 -5.4%
Q4 2019 0.2%
Q3 2019 0.3%
Q2 2019 0.3%
Q1 2019 0.6%
Q4 2018 0.7%
Q3 2018 0.5%
Q2 2018 0.6%
Q1 2018 0.4%
Q4 2017 0.5%
Q3 2017 0.6%
Q2 2017 1%
Q1 2017 0.8%
Q4 2016 0.5%
Q3 2016 0.9%
Q2 2016 0.4%
Q1 2016 0.7%
Q4 2015 1%
Q3 2015 0.9%
Q2 2015 1.1%
Q1 2015 1.1%
Q4 2014 0.9%
Q3 2014 0.7%
Q2 2014 0.5%
Q1 2014 0.4%
Q4 2013 0.2%
Q3 2013 0%
Q2 2013 -0.1%
Q1 2013 -0.3%
Q4 2012 -0.7%
Q3 2012 -0.5%
Q2 2012 -1%
Q1 2012 -0.9%
Q4 2011 -0.7%
Q3 2011 -0.6%
Q2 2011 -0.3%
Q1 2011 -0.2%
Q4 2010 0.1%
Q3 2010 0%
Q2 2010 0.2%
Q1 2010 0%
Q4 2009 0%
Q3 2009 0.2%
Q2 2009 0%
Q1 2009 -2.6%
Q4 2008 -1.6%
Q3 2008 -0.2%
Q2 2008 0.1%
Q1 2008 0.2%
Q4 2007 0.6%
Q3 2007 0.8%
Q2 2007 0.9%
Q1 2007 0.9%
Q4 2006 0.9%
Q3 2006 0.9%
Q2 2006 1%
Q1 2006 1.2%
Q4 2005 1%
Q3 2005 1%
Q2 2005 0.9%
Q1 2005 1%
Q4 2004 0.7%
Q3 2004 0.9%
Q2 2004 1%
Q1 2004 0.6%
Q4 2003 0.9%
Q3 2003 0.7%
Q2 2003 0.5%
Q1 2003 0.9%
Q4 2002 0.7%
Q3 2002 0.6%
Q2 2002 0.8%
Q1 2002 0.4%
Q4 2001 0.7%
Q3 2001 0.9%
Q2 2001 0.7%
Q1 2001 1.1%
Q4 2000 1%
Q3 2000 1.1%
Q2 2000 1.3%
Q1 2000 1.6%
Q4 1999 1.1%
Q3 1999 1.3%
Q2 1999 1.2%
Q1 1999 1%
Q4 1998 1.1%
Q3 1998 0.9%
Q2 1998 1.1%
Q1 1998 0.9%
Q4 1997 1.4%
Q3 1997 1.2%
Q2 1997 0.9%
Q1 1997 1%
Q4 1996 0.5%
Q3 1996 0.9%
Q2 1996 0.7%
Q1 1996 0.6%
Q4 1995 0.7%
Q3 1995 0.4%
Q2 1995 0.6%

Recent Events

datetime event actual previous consensus
2025-10-29 04:00 AM GDP Growth Rate QoQ Flash (Q3) - 0.8% 0.7%
2025-09-26 03:00 AM GDP Growth Rate QoQ Final (Q2) 0.8% 0.6% 0.7%

Next Release Date :

Spain GDP Growth Rate (QoQ) : Definition
Spain's quarter-over-quarter GDP growth rate shows the percentage change in the total value of goods and services produced in Spain from one quarter to the next. It is calculated by comparing the current quarter's Gross Domestic Product value, typically measured in Euros, against the previous quarter's value.
Indicator Last Value Prior Value Period
GDP $1.72T $1.62T 2024
GDP Annual Growth Rate 3.15% 2.68% 2024
GDP Growth Rate (YoY) 3.1% 3.2% Jun'25
GDP per Capita $29,192.57 $28,569.84 2024
GDP per Capita PPP $48,373.05 $47,341.17 2024
R&D Expenditure (% GDP) 1.44% 1.41% 2022
Real GDP $1.42T $1.38T 2024