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A Historic Transformation: for the First Time in Twenty Years – Spain’s Economy Will Overtake Germany’s

Next year, Spain is expected to show a lower budget deficit than Germany’s – for the first time, after almost 20 years – which indicates a significant change in the country’s economic position in Europe. According to the Bank of Spain’s forecast, the country’s deficit will be 2.5% of GDP in 2025 and will decrease […]

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Lean Left

Spain is achieving "square the circle", according to the Minister of Economy: "robust" growth of GDP "with a reduction of the deficit ratio on GDP and a reduction of the debt ratio on GDP, also differentially greater than that of our main partners"

·Spain
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Lean Left

Spain is growing and reducing its budget deficit, while Germany is struggling with stagnation and new debt.

The success and good health of the Spanish economy has once again been highlighted by two major international media. The influential British daily, FT, highlights that Spain’s public deficit will fall in 2026 below that of Germany for the first time in almost 20 years.

Spain continues to overshadow its European neighbours. For the first time in twenty years, its deficit is expected to fall below that of Germany, overshadowing the continent's economic "star", while continuing to show a sharp increase in economic performance.

For the first time since 2006, Spain is expected to have a lower budget deficit than Germany. According to the Bank of Spain's forecast, the country's deficit will stand at 2.5% of GDP in 2025 and fall to 2.3% in 2026.

·Israel
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The University of Alicante (UA) celebrates on 20 and 21 November the XL Conference of Alicante on Spanish Economy, which this year have been entitled 40 years of Alicante Days: the great economic transformation of Spain (1985-2025). Organized by the Institute of International Economics in collaboration with the Free Economic Association (ALdE), this meeting constitutes a consolidated action of transfer and dissemination led by the professors of …

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Expansión broke the news in on Monday, November 17, 2025.
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