The figures I cited are for GDP per capita, which accounts for population growth. Moreover immigration should have the opposite effect of depressing per-capita GDP, because immigrants typically take lower skilled jobs, dragging overall productivity down. So if anything, the figures are artificially depressed, not inflated.
You should read down that table a bit. Sure the Spanish economy had higher growth rates the last couple of years. The way they managed to have a higher rate was to have the economy shrink by 8% in 2023. So according to my math, the estimated size of the Spanish economy in 2026 is about the same as the 2023 Spanish economy (within 1%). Hard to claim that as a win.
Technically you can say that they have been in a depression for the last 4 years and counting as their functional growth rate (accounting for inflation of the Euro) is negative over that period (down about 10% inflation adjusted).
> So according to my math, the estimated size of the Spanish economy in 2026 is about the same as the 2023 Spanish economy (within 1%). Hard to claim that as a win.
That conclusion does not seem to check out just by eyeballing the charts.
It shows a divergence from the EU back in the 2010s, but afterwards is recovering at the same pace or even faster than the EU. Could be better, but not "in shambles" either.
But it's among the fastest growing in the EU? Granted, part of this is starting from a low base, but it's hardly "in shambles"
https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?locat...