Press Release 16/07/2025

ADVANCE QUARTERLY ECONOMIC ACCOUNTS (ACET). II/2025

The GDP of the Basque Country rose by 2.2% and employment increased by 1.4% during the second quarter of 2025

In relation to the first quarter of 2025, GDP growth stood at 0.5% and that of employment at 0.3%

During the second quarter of 2025 the Gross Domestic Product (GDP) of the Basque Country increased by 2.2% compared to the same quarter of the previous year, according to estimates for the Advance quarterly accounts made by Eustat. In relation to the first quarter of the year, the GDP of the Basque Country increased by 0.5%

The relevant economic information available at the time that this Advance was prepared reveals that the year-on-year growth observed in the second quarter of the year is mainly the result of the performance in the services sector.

Employment, measured as full-time equivalent jobs, increased by 1.4% in year-on-year terms, which meant the creation of more than 13,000 jobs. In relation to the previous quarter, estimated growth was 0.3%.

On 19 September, Eustat will publish the disaggregated estimates of GDP and Employment in its Quarterly Economic Accounts for the second quarter of 2025, after incorporating the relevant economic information that was not available when these Advance Quarterly Accounts were prepared.

For further information:

Eustat - Euskal Estatistika Erakundea/Basque Statistics Institute
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: servicioprensa@eustat.es Tel.: 945 01 75 62