Protest and civil unrestSevere
Protest and unrest activity is very high and can disrupt cities and transport.
Country risk assessment ยท Europe
Spain political and security risk assessment
Spain carries an elevated level of political and security risk for business. It scores 40 out of 100 on the Zed Three World Threat Map (band 3 of 5), up 1 on last week and falling over the last 12 weeks. Last updated Nov 2, 2026.
40of 100
Elevated
Band 3 of 5
▲ Up 1 on last week
Europe
Spain
What is the political and security risk in Spain right now?
Spain carries an elevated level of political and security risk for business. It scores 40 out of 100 on the Zed Three World Threat Map (band 3 of 5), up 1 on last week and falling over the last 12 weeks.
Week on week the picture is little changed. The main standing risks are foreign government warnings and persistent protest activity.
On the economic side, real GDP grew 2.8% in 2025 with inflation at 2.7%.
What are the main risks of operating in Spain?
Armed conflict and political violenceElevated
Armed violence is reported regularly in some areas.
Staff movement and duty of careGuarded
Foreign governments advise normal to increased caution.
Chokepoint exposure
Strait of GibraltarThe Mediterranean's western gate, between Spain and MoroccoRead the explainer →What has changed recently in Spain?
Spain moved up 1 this week and fell 4 points over the last 12 weeks, from 44 to 40.
- News coverage tone more negative than the prior week
What happens next? Outlook for the next 1 to 3 months
We assess there is a realistic possibility that Spain stays in the Elevated band through the end of December. It sits 1 point from the Guarded band.
40 to 55%
0%50%100%
Likelihood ranges are editorial judgments, not advice.
What does it mean for shipping, supply chains and operations?
Trade routes for Spain are exposed to the Strait of Gibraltar, so disruption there feeds straight into freight time and cost.
Trade equals 69% of GDP (2025 data). Map tier one and tier two suppliers here and hold buffer stock for critical inputs.
Operations continue but need active security planning in affected areas.
Key facts
GDPUS$1.91 trillionLatest data, 2025
Real GDP growth2.8%Latest data, 2025
Inflation2.7%Latest data, 2025
Trade69% of GDPLatest data, 2025
Population49.4 millionLatest data, 2025
How has the Spain threat score moved?
Frequently asked questions
What is the political and security risk in Spain for business?
Spain carries an elevated level of political and security risk for business. It scores 40 out of 100 on the Zed Three World Threat Map (band 3 of 5), up 1 on last week and falling over the last 12 weeks.
What are the main geopolitical risks of operating in Spain?
The main risk drivers are protest and civil unrest (severe); armed conflict and political violence (elevated); staff movement and duty of care (guarded). Protest and unrest activity is very high and can disrupt cities and transport.
What is the outlook for Spain?
We assess there is a realistic possibility (40 to 55%) that Spain stays in the Elevated band through the end of December. It sits 1 point from the Guarded band.
Which shipping chokepoints matter for Spain?
Spain is exposed to the Strait of Gibraltar. The Mediterranean's western gate, between Spain and Morocco.
How often is the Spain risk assessment updated?
The Spain threat score is updated weekly on the Zed Three World Threat Map, and this assessment is reviewed monthly. It was last updated Nov 2, 2026.
Related country assessments
Published by Zed Three, a private, independent risk intelligence company. Assessment last updated Nov 2, 2026. Threat score updated weekly, last on Nov 2, 2026. General analysis for informational purposes, not security, legal or investment advice.
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