# Spain's GDP grew by 0.6% in the third quarter

30 October 2026 at 11:24

> National Accounts data shows Spain's economy expanded by 0.6% in Q3 2026, driven by domestic demand and a 2.7% year-on-year growth rate.

**Spain**'s economy grew by 0.6% in the third quarter of 2026, according to **National Accounts** data released by the **Instituto Nacional de Estadística** on Friday. This quarterly expansion marks a slight moderation of 0.1 percentage points from the previous period.

**Domestic demand** contributed 0.5 points to growth, while the external sector added 0.1. Household consumption rose 0.6%, slowing by 0.5 points, whereas public spending accelerated to 0.9%. Investment grew 0.6%, and exports increased 1.3% between July and September.

Year-on-year **GDP** growth reached 2.7%, up 0.1 points from the prior quarter. National demand provided 2.6 points of this annual increase. At current prices, GDP rose 5.9% year-on-year, while the GDP deflator saw a 3.1% increase compared to the third quarter of 2025.


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