The Use of Artificial Intelligence by Spanish Companies

Occasional Paper / Banco de España Blog

Takeaways

  • AI use has doubled among SMEs since 2024, reaching 30%-35%, while around 70% of large firms now report using AI, leaving a sizeable firm-size gap.
  • The impact on employment has so far been limited, but a significant share of firms report increases in productivity and investment, especially where AI use is more intensive.
  • Firms that adopt AI show, on average, higher productivity levels, higher wages and greater intangible asset intensity; among non-adopters, the main reported obstacles are resource constraints and low perceived usefulness.

Occasional Paper 2624: Opens in new windowEl uso de la inteligencia artificial por parte de las empresas españolas: avances y factores asociados a su usoOpens in new window

Banco de España Blog: AI adoption in Spanish firms: the impact so far and their expectations for the futureOpens in new window

 

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