Latest reading: Industrial production rose 8.2% in annual terms in April, following a 3.1% increase in the prior month. April’s...
Industrial Production in Spain
The Spanish economy recorded an average industrial production growth rate of 0.9% in the decade to 2024. In 2024, industrial production growth was 0.4%. For more industry information, visit our dedicated page.
Spain Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Spain from 2014 to 2025.
Source: Macrobond.
Spain Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 7.3 | 2.4 | -1.6 | 0.4 | 1.3 |
Industrial production falls in April
Latest reading: Industrial production declined 0.4% on a working-day and seasonally adjusted month-on-month basis in April, following a 2.4% increase in the previous month. Relative to the prior month's figures, readings in April worsened for consumer goods (-1.4% on a working-day and seasonally adjusted month-on-month basis vs +1.7% in March), capital goods (+0.1% vs +3.3% in March), intermediate goods (-0.3% vs +3.1% in March) and energy (-0.9% vs +2.0% in March). In working-day and seasonally adjusted year-on-year terms, industrial production increased 2.0% in April, following a 1.9% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Spanish industry projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Spanish industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Spanish industry projections.
Want to get access to the full dataset of Spanish industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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