Overview
- Official Q1 2026 figures show inbound foreign investment into Spain reached €6,567 million, a 22.6% year‑on‑year increase driven in part by strong productive investment.
- Productive investment—greenfield projects that create new operations and brownfield deals that expand existing assets—totalled €2,085 million, the third‑highest quarterly figure on record.
- Madrid and Catalonia absorbed roughly three of every four euros of inflows, with Madrid alone receiving €3,367 million and most of its total recorded as acquisitions of companies or stakes.
- Galicia’s reported 39% jump to €164 million reflects a single large Italian acquisition that accounts for more than 90% of the region’s inflows, illustrating how one‑off deals can skew regional data.
- The United States remains the largest investor by origin while US net disinvestment reached €1,976 million in the quarter, Spain’s outbound net investment doubled year‑on‑year, and policymakers say trade deals and partnerships could shape future flows.