The negative sign has invaded all reviews of the forecasts of the International Monetary Fund (IMF) for the world’s great economies because of the commercial war. All? No, Spain is fought from the reduction in the projections of the international organism with while the 2026 is kept unchanged.
The report World Economics Perspectives It highlights the growth forecasts of about thirty countries or groups of countries by 2025 and 2026 and in all weighs and the extreme uncertainty that has taken over the world economy. Spain, however, falls temporary with a planned growth of the Gross Domestic Product (GDP) of 2.5% in 2025 and 1.8% in 2026, the greatest dynamism among the greatest advanced economies.
The IMF forecasts on Spain are not new. sent to prepare the annual diagnostic report, recommendations and forecasts that the agency dedicates to each of the member countries. What is new is the comparison with the rest of the world economy and that is where Spain is favored in photography.
Trump’s Economic Economic and Commercial Policy has made him lose bellows. The agency calculates a growth of 1.8%, partly due to the favorable inertia that the first world economy maintained when Trump returned to the White House and that
“The forecasts for 2025 include significant downward reviews for Canada, Japan, the United Kingdom and the United States, and an upward review for Spain,” says the IMF in one of the mentions that makes the Spanish economy the report of World economy perspectives. In the press conference for the presentation of the report, the deputy director of the Department of Analysis of the IMF, Petra Koeva, has underlined the singularity of Spain: “We have an improvement for Spain this year, among the many sales for other countries. This is partly due to the fact that the Spanish economy has had a strong impulse in 2024, entering 2025, and part of it is due to the strong export exports of services, as well as a strong accumulation work, part of it related to immigration.
With the new forecasts, in addition, the Spanish economy grows more than triple than that of the euro zone, whose estimate low 0.8%. “Manufacturing activity has remained weak due to the persistent increase in energy prices, while services have been the main engine of growth, which has contributed to divergence between European countries, particularly among those that depend to a greater extent on these sectors, such as Germany against Spain,” the IMF also highlights.
The one that appears repeatedly in the report. “Within the region [de la zona euro]the impulse of Spain contrasts with the slow dynamics of the rest. The growth projection by 2025 in Spain is 2.5 %, which represents an upward review of 0.2 percentage points with respect to the update of the World Economics Perspectives January 2025. This reflects an important drag effect of the results best than expected in 2024 and the reconstruction activity after flooding, ”says the agency.
Limited exposure to the United States
In his recent statement on Spain, the IMF indicated that “the adverse impact of the high uncertainty on commercial policy and those in early April will be contained by the.
That makes it a unique case among world world economies. Russia, which has hardly any ties with the United States, is the other case in which the IMF raises the 0.1 points for this year, but cuts it 0.3 points for the next one, so that the global balance of the review is also negative.
Counting smaller economies, Spain will be the fourth country in the euro zone that grows the most in 2025, according to IMF projections, behind Malta (3.9%), Croatia (3.1%) and Lithuania (2.8%), and tied with chipre (2.5%). Within the EU, but without belonging to the euro zone, more Poland (3.2%) and Denmark (2.9%) will also grow. In Europe, outside the EU, Serbia (3.3%), Belarus (2.8%) and Türkiye (2.7%) stand out.
Very few of those countries improve their forecasts. The same happens in the rest of the world. The forecasts get worse for all the great economies, but there are some smaller ones, including several African and Latin American Argentina, Peru and Ecuador, who also see their forecasts, in general, by internal factors outside the international situation and the commercial war.
