Spain raised the 2025 economic growth forecast to 2.7% from 2.6%, and said it expected gross domestic product to expand by 0.7% in the third quarter from the previous quarter.
"Spain will be the fastest-growing advanced economy, and we have a positive outlook until 2028," Economy Minister Carlos Cuerpo said in a press conference.
Spain's economy has steadily expanded in the pandemic's aftermath, outpacing the sluggish growth of euro zone peers. The ECB expects the euro zone economy to grow at 1.2% this year.
Second-quarter Spanish GDP data beat forecasts as output grew 2.8% year-on-year, stoked by investment and consumption.
However, has yet to submit a budget as it struggles to pass legislation in a fragmented parliament.
