The Gross Domestic Product (GDP) of Euskadi registered a growth of 2.2% in the first quarter of 2026 compared to the same period of the previous year. In relation to the preceding quarter, the increase stood at 0.5%. According to Eustat, these figures indicate that the Basque economy is maintaining the momentum and resilience it showed at the end of last year, despite global uncertainty.

In terms of employment, measured in full-time equivalent jobs, there has been a 0.2% increase compared to the previous quarter. This represents a year-on-year growth of 1.3%, equating to a net addition of 12,434 jobs since the first quarter of the prior year.

By territories, the GDP expanded by 2.0% year-on-year in Araba and Gipuzkoa, while in Bizkaia the growth reached 2.3%.

Regarding sectors, the primary sector saw a 0.7% decrease in its added value compared to the same quarter last year, and a 0.6% decrease compared to the previous quarter. Industry's added value declined by 0.3% year-on-year, with manufacturing industry experiencing a 0.2% contraction. The construction sector, however, shows a 2.5% year-on-year increase in added value, although it suffered a 1.5% decline compared to the previous quarter.