BBVA Estimates that Spanish GDP Will Grow by 2.4% This Year, but Warns that It Will Slow Down in 2027 Due to the Impact of the War on Iran
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3 Articles
The Spanish economy will grow by 2.4% this year, but then it will slow down by three tenths in 2027, accusing the impact of a war in the Middle East that remains unresolved and that has dramatically triggered energy prices.This is how BBVA Research, the center of studies of the banking institution, has decided to maintain its forecast of expansion of GDP at the same level as the one predicted when the conflict began.A figure that is somewhat mor…
BBVA Research has maintained its growth forecast for the Spanish economy at 2.4% in 2026, although it has dropped by three tenths, to 2.1%, its estimate for 2027 for the impact of energy. BBVA’s study service also predicts that housing prices will continue to rise, with increases of 12% in 2026 and 5.7% in 2027, and warns of a deterioration in household confidence.
BBVA Research has kept its forecast for the Spanish economy at 2.4% for 2026, but it has reduced three tenths, to 2.1%, its estimate of growth of Gross Domestic Product (GDP) for 2027 due to the evolution of the price of energy. The latest report ‘Situation Spain’ of BBVA’s research service finds that [...] The BBVA Research entry keeps its forecast of GDP at 2.4% in 2026 but reduces to 2.1% that of 2027 for energy appears first in Forbes Spain.
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