Spain’s GDP is expected to grow by 0.6% in the third quarter, maintaining its full-year economic outlook.

(1) The Spanish government estimates a 0.6% GDP growth in the third quarter of 2026, with stable economic momentum, maintaining its annual growth forecast at 2.6%. (2) Affected by international energy price fluctuations, Spain has raised the diesel tax subsidy to 20 euro cents per liter, continuing to offset inflation and energy cost pressures. (3) Spain will submit the 2027 national fiscal budget as soon as possible, continuing negotiations to ensure effective budget implementation. (4) Spain plans to apply for the final tranche of approximately 26 billion euros from the EU recovery fund by the end of September, striving to fully receive the funds within the year. (5) Spain intends to allocate 10 billion euros to bolster the capital of official credit institutions, continuing the positive impact of the funds and steadily consolidating economic growth momentum.