The Spain of the brick resurge and gives a new impulse to the economy

The construction explained two third parts of the advance of the investment in the straight final of the year and 13% of the growth of the GDP, figures that did not see in years

It goes back the brick. We are not still in front of the photo of big solar fenced in and cranes tower that dominated the landscape of the Spanish cities in the first decade of the century, but the famous feathers go back to show in the horizon and the data of the National Accounting published this Thursday by the INE reflect a revival of the sector of the construction as it did not see from does years.

What say the figures is that the construction was the sector of activity that showed a more dynamic behaviour along all 2025, with a growth that to the closing of the exercise was of 7,2% with regard to the anterior year, very above 2,8% that grew the set of the economy, and contributing near of four tenth to the advance of the GDP. That is to say, that 13% of the advance of the economy came explained by a sector that in the last 15 years what has done has been basically detraer tenth to the growth and that looks to begin to open a new cycle.

«Yes it has perceived a recovery of the construction of house, especially in the last tract of the year», explains María Jesús Fernández, economist senior of Funcas, that attributes this revival of the sector to the reality of a real-estate market with an importantísimo deficit of offer, but also to the impact of the European funds on the civil construction, the one who develops infrastructures or industrial edifices or for services.

In fact, the information that provides the INE on the composition of the GDP reveals that while the investment in residential accelerated 6,77% in 2025, in the case of other edifices and constructions did it above 9%, to the heat of the acceleration of the deployment of the European funds of the Mechanism of Recovery and Resiliencia in the last tract of the year.

The analyst of Funcas understands that there are conditions so that east exert prolong in the time, given the needs of the market, but that the current coyuntura economic and the risk that it derive in a rise of the types of interest by the central banks could prevent the deployment of the real-estate sector in Spain.