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2w ago

Spain's Economy Grows 0.6% in Q1 2025, Regional Disparities Persist

Madrid, Valencia, and Andalusia lead with 0.7% growth, while Galicia and Asturias lag at 0.3%, according to Airef's latest regional GDP estimates.

Obras de emergencia para la reconstrucción de los puentes de la A-7 sobre el barranco del Poyo
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Overview

  • Spain's national GDP expanded by 0.6% quarter-on-quarter and 2.8% year-on-year in the first quarter of 2025, as per INE data.
  • Madrid, Valencia, and Andalusia recorded the highest quarterly regional growth at 0.7%, surpassing the national average.
  • Galicia and Asturias posted the weakest quarterly growth at 0.3%, half the national rate, highlighting regional economic divergence.
  • Interannually, the Balearic Islands led with 3.7% GDP growth, while Extremadura reported the lowest at 2.0%.
  • Airef's Metcap methodology provided timely insights into regional economic performance, revealing varying recovery speeds since pre-pandemic levels.