CaixaBank Research released its 2027 Economic Outlook report on 9 November 2026, with chief economist Enric Fernandez forecasting 3.3% global growth for 2027. This follows an expected 3% rise in 2026, despite a projected slowdown in China from 4.5% to 4%.
Spain's economy is set to grow by 2% in 2027, down from 2.6% in 2026, while the Eurozone and US target 1.4% and 1.9% respectively. Director Oriol Aspachs noted that a 1% population rise and demographics will add 0.5 percentage points to Spain's annual GDP.
The report anticipates two further interest rate hikes from central banks as Spanish inflation falls to 2.5% in 2027. While public debt remains just below 100% of GDP, household debt at 41% is notably nine points lower than the current Eurozone average.