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:
El uso de la inteligencia artificial por parte de las empresas españolas: avances y factores asociados a su uso
Banco de España Blog: AI adoption in Spanish firms: the impact so far and their expectations for the future