Basque Country
In 2025, the Basque economy was somewhat more sluggish than it was across Spain: we estimate that GDP grew by 2.5% (vs. 2.9%). This is mainly due to the weakness of industry, which is highly important in the region, hit by sluggish foreign demand. On a positive note, consumption, construction and the tertiary sector – especially trade, hotels and restaurants, and transportation – performed strongly.
22 January 2026
