Spain's economy is showing admirable resilience in the face of political discord, even surpassing the gloomiest predictions in an overall stagnant European context.
The end of 2023 saw a 2.5% GDP growth, making the 2% target for this year seem very achievable.
Household consumption and public spending are key factors explaining this growth.
The service sector, including tourism, has bounced back well, marking a 25% growth.
There are struggles, however, with accumulated investment showing two quarters of noticeable declines due to political uncertainty.
Despite not yet meeting pre-pandemic investment levels, there is still hope for Spain's economic future.
Conclusion: The political landscape may be unstable, but Spain's economy is performing robustly, exceeding expectations amid general European stagnation. However, investment concerns and maintaining public spending need to be addressed to ensure long-term sustainability.