Europe · World Bank + FRED data · updated Sep 28, 2026
Spain economy forecast
For 2026 the model expects inflation of 2.6%, GDP growth of 2.9% and unemployment of 10.5% in Spain.
Inflation
CPI, annual %
2.6%
2026 forecast
Latest · 2025: 2.7%▼ −0.1 pp
GDP growth
Annual %
2.9%
2026 forecast
Latest · 2025: 2.8%▲ +0.1 pp
Unemployment
% of labor force, ILO modeled
10.5%
2026 forecast
Latest · 2025: 10.4%▲ +0.1 pp
GDP per capita
Current US$
$40,308
2026 forecast
Latest · 2025: $38,627▲ +4.4%
Population
Population, total
49.79M
2026 forecast
Latest · 2025: 49.36M▲ +0.9%
USD/EUR
EUR per 1 USD
0.8897
in 12 months
Last close · Sep 25, 2026: 0.8772▲ +1.4%
Spain at a glance, 2026–2028
| Indicator | Latest | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Inflation | 2.7% 2025 | 2.6% | 2.6% | 2.7% |
| GDP growth | 2.8% 2025 | 2.9% | 3.0% | 3.1% |
| Unemployment | 10.4% 2025 | 10.5% | 10.6% | 10.7% |
| GDP per capita | $38,627 2025 | $40,308 | $40,784 | $40,566 |
| Population | 49.36M 2025 | 49.79M | 50.37M | 51.05M |
Medians; each indicator's page shows its 80% range and backtest.
Other countries in Europe
All countriesStatistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.