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International Business Times
International Business Times
Business

Spanish Economy Shines In 2024 With 3.2% Growth

Tourists stand in front of the Sagrada Familia basilica in Barcelona on July 5, 2024 (Credit: AFP)

The Spanish economy expanded 3.2 percent last year thanks to buoyant exports and consumption that have made it one of the fastest-growing developed countries, official data showed on Wednesday.

Spain has been consistently outstripping a mostly sluggish eurozone and the data published by the National Statistics Institute confirmed its standout performance with 0.8 percent growth in the final three months of 2024.

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