Spanish PM Sánchez Unveils 2025 Economic Performance: Growth Leads the Eurozone
On December 31, 2025, Spanish Prime Minister Pedro Sánchez released a video on social media summarizing the government’s work for the year. He stated that ’Spain’s economy is growing like never before’ and emphasized that government policies have progressively improved the lives of the public.
Data indicates that the Spanish economy maintained strong momentum in 2025, with an estimated annual GDP growth of nearly 2.9%, placing it among the leaders in the Eurozone.
Economic Growth Data Confirms Strong Performance
According to data from Spain’s National Statistics Institute (INE), GDP grew by 0.6% quarter-on-quarter in the third quarter of 2025, with a year-on-year growth rate of 2.8%. Forecasts from the European Commission and the Bank of Spain project an annual GDP growth of around 2.9%, significantly higher than the Eurozone average of 1.2%-1.3%. Domestic demand was a major contributor, with consumption and investment being the primary drivers.
Continuous Improvement in Employment and Household Income
Spain’s job market showed positive trends in 2025. The unemployment rate hovered around 10.5%; while still higher than the EU average of 6%, total employment saw a significant increase. The minimum wage rose to €1,184 per month (paid in 14 installments), a 61% jump from 2018. Pensions were also raised at the start of the year, further boosting household purchasing power. The budget for educational scholarships reached €2.544 billion, an increase of more than €1 billion compared to 2018.
Comparison with the Eurozone and Policy Priorities
Spain’s economic growth has outpaced that of major Eurozone countries, such as Germany and Italy, which have shown comparatively weaker performance. Sánchez highlighted that the government has refused to increase defense spending to 5% of GDP, maintaining it at approximately 2.1% to prioritize social welfare. Concurrently, the government has taken measures to combat illegal tourist rentals, resulting in the removal of over 65,000 non-compliant advertisements.
Positive Overall Economic Balance
Multiple media reports confirm that the economic growth, job creation, and income gains highlighted in Sánchez’s summary are backed by official data. The Spanish economy showed resilience in 2025, with robust domestic demand supporting its performance. Although challenges like rising housing prices persist, the overall economic momentum remains firm.
