Spain to spend €5.68bn making film and TV in 2025, up 45%
Spain is on track to spend €5.68 billion ($6.6 billion) making film, video and television in 2025. That is 45% more than in 2022. The estimate comes from consultancy Olsberg SPI, commissioned by the Spain Film Commission, as reported by Variety.
The findings were presented at the San Sebastian Festival. The study also measures the sector's gross value added. That is the fresh value created for the economy once bought-in goods and services are stripped out. In 2025, that figure is expected to hit €4.98 billion, including €2.72 billion from direct production activity.
How was it counted? The team used data from the Spanish Statistical Institute. Production expenditure here means money spent to get shoots made. It covers pay for personnel. It covers goods and services too, from camera hire to catering to locations. It does not cover cinemas. It does not cover distribution, broadcasting or video games.
The longer view is even larger. Direct production spending in Spain between 2020 and 2025 is estimated at €20 billion. Gross value added from production over those six years is estimated at nearly €18 billion, according to the San Sebastian Festival. Put simply. Six years of shoots add up.
Olsberg SPI has tracked Spain before. In 2024 it launched an Economic Impact Study on Spain's rebates at the San Sebastian International Film Festival, according to Olsberg SPI. A rebate in this context is a partial refund on local spend. It is designed to pull international film and television shoots into the country. That study asked how Spain's tax incentive for international audiovisual production has fed through to the Spanish economy. A later update said the incentive work covered 2019 to 2022.
That definition matters. Box office takings are not in this number. TV advertising sales are not in it either. This is about the making, not the showing. The wages. The hires. The hotels, trucks and timber for sets.
For viewers, this means the engine room is busy. More money going into production keeps crews, workshops and local suppliers working. What makes this stand out is the pace. Up 45% in three years is a fast climb.
