The Gross Domestic Product (GDP) of Aragón has experienced a year-on-year growth of 2.8% in the first quarter of 2026, according to the Aragonese Institute of Statistics (IAEST). This increase places the region slightly above the national average and significantly ahead of the eurozone, highlighting its economic strength in a challenging European context.
Evolution of Aragón’s GDP and Comparison with Spain and the Eurozone
During the first quarter of 2026, Aragón’s GDP grew 2.8% compared to the same period last year, exceeding the last quarter of 2025 by three-tenths. This rate is also one-tenth above the national growth of 2.7%, and well above the 0.9% of the eurozone. In quarter-on-quarter terms, Aragón recorded an increase of 0.6%, in line with the Spanish average and exceeding the eurozone average by four-tenths.
Contribution of Domestic and Foreign Demand
The growth of Aragón’s GDP is largely due to the positive performance of both domestic and foreign demand. Final consumption by Aragonese households grew 0.7%, although this figure is 2.5 percentage points lower than the national average. The public administrations of Aragón increased their spending by 1.5%, while the national average reached 2%.
Regarding investment, there was a decline of 0.1% in capital goods, contrasting with a national growth of 3.8%. However, investment in construction in Aragón increased by 4.7%, though below the national figure of 6.0%. Aragonese exports grew 3.1%, surpassing the national average, while imports fell by 7.5%, in stark contrast to the 3.1% increase nationally.
Sectoral Performance in Aragón
Sectoral analysis reveals that all productive sectors in Aragón showed positive growth, except for the primary sector. The construction sector led growth with an increase of 4.7% in gross value added, although below the 6.5% national average. The market services sector increased its value added by 4.0%, exceeding the national average.
Within the services sector, retail, transport, and hospitality stood out with a growth of 7.1%, significantly higher than the 5.2% national average. The manufacturing industry also showed positive performance with an increase of 2.4%, better than the 1.8% of Spain as a whole. In contrast, the primary sector experienced a decline of 3.9%, surpassing the negative drop of 3.4% nationally.
