Banco de España Blog

Using a simple format and plain language, the Banco de España Blog seeks to make our work more accessible to the general public. It allows us to share our analysis of economic and financial issues and the ins and outs of the Banco de España’s tasks and activities with all those keen to learn more.

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Size does matter. The challenge of company growth in Spain

Series: Challenges for the Spanish economy

11/11/2025 Beatriz González , Eduardo Gutiérrez

Spain faces a structural challenge: the small size of its firms. This limitation curtails productivity, innovation and employment. Why do our firms grow less than European ones? Understanding this is key to building a more dynamic and productive economy.

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How to use the calendar: use the arrow keys to navigate the calendar. Press the arrows to navigate by days of the month. Press shift and the arrows to navigate by month. Press control and the arrows to navigate by year.

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