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Andalucía Emerges as Spain's Economic Powerhouse with Record Foreign Investment

The region's GDP growth, export expansion, and business-friendly policies attract unprecedented investment, including a €3 billion green energy project in Huelva.

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El presidente de la Junta, Juanma Moreno, este lunes en Madrid

Overview

  • Andalucía has attracted more foreign investment in the last six years than in its entire prior history, reaching €837 million in foreign investment in the last year alone, a 41% increase from the previous year.
  • The region's GDP grew by 9.6% between 2019 and 2024, surpassing both the national and European averages, solidifying Andalucía as Spain's third-largest economy and exporter.
  • Over 3,000 foreign-capital companies operate in Andalucía, with 87% planning to maintain or expand their investments, reflecting strong business confidence in the region.
  • Major projects like Moeve's €3 billion green hydrogen plant in Huelva highlight Andalucía's growing role as a hub for sustainable energy and innovation.
  • Predicted to be one of Spain's fastest-growing economies in 2025, Andalucía's strategic location, stable political climate, and skilled workforce continue to attract global investors.