Sevilla's Economy Displays Steady Growth in Q2 2025 with Positive Trends in Employment, Tourism, and Housing

Sevilla's economy demonstrated favorable momentum during the second quarter of 2025, marked by improvements across employment, business activity, tourism, and the housing market. According to the 52nd edition of the Boletín Socioeconómico de la Provincia de Sevilla by Prodetur, total employment in the province rose by 0.54% year-on-year, reaching 820,591 people. This figure also represents a 0.64% increase from the previous quarter. Female employment showed particularly strong gains, increasing by 1.59% compared to Q2 2024. Additionally, Social Security affiliations grew by 2.53% year-on-year to an average of 835,064 affiliations.

Unemployment declined notably, dropping 7.95% compared to the same period last year, with 147,638 registered unemployed individuals recorded. Both male and female unemployment rates showed improvement. The number of registered companies in Sevilla increased by 0.99% year-on-year to 56,537, with growth particularly visible among larger companies.

Tourism remained a robust sector, with overnight stays rising by 1%, indicating a sustained appeal to visitors. The housing market also showed encouraging signs, with 6,008 housing contracts completed during the quarter, marking an 11.69% increase compared to Q2 2024.

These positive economic indicators illustrate Sevilla's ongoing recovery and development in spring 2025. The province's dynamic labor market, growing business registrations, and thriving tourism and property sales contribute to this growth.

In a broader national economic context, Manuel Illueca, president of the Instituto de Crédito Oficial (ICO), highlighted the importance of embracing economic risks when conditions are favorable. ICO recently launched the ICO Crecimiento program, allocating 1 billion euros to finance SMEs and various projects including real estate investments. Illueca noted a strategic shift to increase direct financing to 80%, aiming to enhance long-term competitiveness and productivity for smaller companies.

While ICO's guarantees for young homebuyers in the housing sector have seen limited uptake, efforts continue to foster rental housing development by financing 6,000 units and encouraging private investment. These efforts could spur further sectoral growth, complementing the positive trends observed in Sevilla.

Overall, Sevilla's provincial economy in Q2 2025 is moving forward with measurable improvements in key economic indicators, reflective of sustained regional resilience and the benefits of targeted financial initiatives. Further monitoring will reveal how these trends evolve in the coming months.