The Economic Observatory of Andalusia estimates that the Andalusian GDP will grow above 2.7% in 2026 and will moderate to 1.9% in 2027. In the second quarter of 2026, the region advanced by 3% year-on-year, above Spain and far from the eurozone.
The Andalusian economy grew by 0.8% between April and June 2026 compared to the previous quarter and accelerated its growth to 3.0% year-on-year, according to the Synthetic Activity Indicator (IOEA) managed by the Economic Observatory of Andalusia. This figure exceeds the national average of 2.7% and leaves far behind the 0.8% of the Eurozone.
The agency presented this Thursday the report ‘Andalusian Economy. Second Quarter of 2026’, prepared in collaboration with the Cámara Foundation, which updates its forecasts for the coming years. The document places the close of 2026 above the 2.7% average growth and estimates 1.9% for 2027.
The boost from the services sector and domestic demand sustain the current pace. In the medium term, the Observatory points to two factors that will maintain the momentum: the evolution of employment and the pull from the internationalization of part of the Andalusian industry.
The report also looks at the country as a whole. According to its projections, Andalusia is in a position to match or slightly exceed the average growth of Spain in the second half of 2026. Tourism and the final deployment of structural and European funds (Next Generation EU) for regional productive investment explain this expectation.
“The favourable inertia of the national economic cycle” provides Andalusia with an optimal starting point to consolidate its expansion in the short and medium term, the Observatory notes.
For readers in the province of Seville, the macroeconomic picture translates into a context of sustained activity in services, tourism, and investment linked to European funds, the three engines that the report identifies as crucial for employment and investment in the coming quarters.
The complete report and the presentation for the second quarter of 2026 are available for consultation on the website of the Economic Observatory of Andalusia.
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