The first vice president and minister of Economy, Trade and Business, Carlos Cuerpo, has emphasized that the International Monetary Fund (IMF) has improved its growth projections for Spain and maintains the country as the largest advanced economy with the highest expansion in the world for the third consecutive year.
"We continue," the economic head of the Executive emphasized this Tuesday in a message published on the social network X, reported by Europa Press.
According to the new projections from the IMF, the Spanish gross domestic product (GDP) will continue to lead this year and next among the main economies of the eurozone. The organization forecasts a growth of 2.5% in 2026 and 1.8% in 2027, accompanied by an average inflation of 3.7% and 2.7%, respectively.
In its report "World Economic Outlook," the institution led by Kristalina Georgieva has revised upwards, by four tenths, its growth forecast for Spain this year, to 2.5%, after the 2.6% recorded in 2025, while it keeps the expansion projection for 2027 unchanged at 1.8%.
With this last adjustment of its estimate on the Spanish GDP in 2026, the IMF approaches the scenario managed by the Government, which at the end of June raised its forecast for the current fiscal year to 2.6%. However, the international organization remains more cautious regarding the following year, as the Spanish Executive contemplates a rise of 2.2% in 2027.
In terms of prices, the IMF estimates that the average inflation in Spain will reach 3.7% in 2026, seven tenths higher than in its spring report and above the 3.1% projected for the eurozone as a whole. For 2027, the Fund expects that the price increase will moderate in Spain to 2.7%, compared to the 2.8% projected as an average for euro countries.