FX.co ★ Spain's GDP Growth Slows Slightly in Fourth Quarter of 2024

Madrid, March 26, 2025 – Spain's economic growth experienced a slight deceleration in the fourth quarter of 2024, as the country's GDP increased by 3.4% compared to the same period a year earlier. This marks a marginal decrease from the previous quarter's year-over-year growth rate of 3.5%, highlighting a subtle shift in momentum for the Spanish economy.

The updated figures, released today, reflect the changes in the country's economic dynamics as it navigates global economic challenges. While the growth rate remains robust, the slightly slower pace could signal underlying issues or simply reflect normalization after a period of brisk recovery.

As Spain continues to manage its economic landscape, including adapting to external pressures and domestic policies, analysts will be watching closely to assess whether this slight slowdown is a temporary blip or indicative of a broader trend. The coming quarters will be critical in determining the overall trajectory of Spain's economic health.