Spain’s economy accelerates slightly in Q2, showing resilience

Published 29/07/2025, 10:04
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Investing.com -- Spain’s economy grew 0.7% in the second quarter of 2025, picking up from 0.6% growth in the first quarter, according to data released Tuesday by the country’s statistics office.

The slight acceleration demonstrates economic resilience in Spain, which was the fastest-growing economy among wealthy nations last year. The International Monetary Fund expects Spain to maintain its leading position throughout 2025.

Spain has been one of the few growth drivers in the eurozone in recent years, alongside Ireland. However, unlike Ireland, Spain’s economic expansion has not relied heavily on goods exports to the United States.

This distinction has proven advantageous as the eurozone faces a broader slowdown amid higher U.S. tariffs. Data released Monday showed that Ireland’s economy contracted in the second quarter as its exports to the U.S. declined.

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