Spain’s economy is on a roll. After the country’s gross domestic product grew 3.2% in 2024, the country has continued to outpace the euro zone in 2025.

A mix of tourism, EU funding, immigration and foreign investment have helped drive growth, alongside strong consumer spending and low energy costs.

However, not everyone is feeling the benefits. With challenges like youth unemployment, political fragmentation and a stretched housing market, the big question is whether Spain can keep up the momentum.

Watch the full explainer by clicking the video above.

Get this delivered to your inbox, and more info about our products and services.