Spain

MODERATE RISK
Scoring: V1.8.1
Updated: 4/13/2026

Spain's economic indicators show moderate risk signals. The strongest signal is in Government Formation (5782 historical precedent windows). Also notable: Fiscal Policy Change and Bilateral Treaty. Across all categories, 23,335 precedent windows were identified — meaning Spain's trajectory matches historical trajectories of countries that experienced these event types.

Risk Breakdown by Category

Top Precedents by Pattern Tier

RankCategorySaliencePrecedentsLast Event
1Fiscal Policy Change0.4730742025
2Government Formation0.3939052025
3Civil War And Insurgency0.3726122017
4Bilateral Treaty0.2725742025
5Social Policy Reform0.0313742025
6Environmental Policy-0.213042024
7Epidemic And Pandemic-1.541322020

Curated Events — Spain

70 events (1990–present)
1950s
1960s
1970s
1980s
1990s
2000s
2010s
2020s
2025
Catalan Amnesty Law Enters Force Amid Ongoing Legal Challenges
transitional justice
2025
Spain's Economy Outperforms Eurozone Peers with 2.5% Growth
economic recovery
2024
Valencia Floods Kill Over 220 in Spain's Worst Natural Disaster
flood and cyclone
2023
Inconclusive Elections and Catalan Amnesty Law Controversy
elections and voting
2022
Ukraine War Energy Crisis Drives Inflation to 40-Year High
energy policy
2021
Catalan Independence Leaders Pardoned in Reconciliation Gesture
transitional justice
2020
COVID-19 State of Emergency: Spain Among Europe's Hardest Hit
epidemic and pandemic
2020
Sánchez Forms First Coalition Government, Championing EU Recovery Fund
government formation
2019
Supreme Court Sentences Catalan Independence Leaders to Prison
political repression
2019
Vox Far-Right Party Enters Parliament, Ending Spain's Exceptionalism
elections and voting

QGI surfaces economically-grounded risk candidates that analysts should examine. Risk tiers reflect historical precedent density, not probability forecasts.