IMF raises Spain's 2026 growth forecast to 2.5%

The International Monetary Fund has upgraded Spain's 2026 GDP outlook, predicting growth will outpace the Eurozone and the United States.

The has upgraded 's 2026 GDP growth forecast by 0.4 percentage points to 2.5%. During its autumn meeting in , the IMF also maintained the 2027 growth outlook at 1.8%, while predicting unemployment will stay below 10%.

Spain's 2026 growth projection remains 0.1 percentage points below government and economist consensus. Inflation is expected to reach 3.7% in 2026 before falling to 2.7% in 2027, though the anticipates a higher 2027 inflation rate of 3.7%.

Global growth is set to slow to 3.1% in 2026 before recovering to 3.4% in 2027. Spain's performance outpaces the 's 1.1% and the US's 2.3% forecasts, as the IMF cites flexible energy supply adjustments for maintaining broader economic resilience.


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