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Introduction
Indicator performance & peer benchmark
Rival economy comparison
Spain | Index Context & Diagnostic
QS World Future Skills Index 2027 Spain Briefing

Spain | Economy Benchmark

91.7
Final score
#9
Overall rank

Download the full briefing for the complete analysis. Read a few key findings below.


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Indicator performance & peer benchmark

Indicator insight - what the four indicator scores tell us about this economy

The Spain profile shows a highly balanced performance across the four indicators (spread of 4.8 points). Its strongest contribution comes from Academic Readiness (93.9, rank #10), while Future of Work is the relative weak spot (89.1, rank #12).

Economic conditions appear supportive, but skills and academic foundations need strengthening to convert that economic capacity into future-ready workforce outcomes.

Indicator Score Rank Peer Median vs Peer
Skills Alignment 90.8 #10 86.8 ▲ +4.0
Academic Readiness 93.9 #10 91.2 ▲ +2.7
Future of Work 89.1 #12 89.1 ▼ 0.0
Economic Transformation 92.8 #15 93.3 ▼ -0.5
→ FINAL 91.7 #9 89.4 ▲ +2.2

PROFILE ANALYSIS – Top Strength & Biggest Gap
Top strength: Academic Readiness (93.9)
Biggest gap: Future of Work (89.1)
Indicator spread: 4.8 points (Highly balanced)
Cohort percentile: 90.9% of eligible economies score lower (i.e. economy is in top 9.1%)
Benchmark cohort: Top 25 globally (median used in comparison column)
Above peer median: 2 of 4 indicators exceed top–25 median
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Rival economy comparison

Peer positioning insight - comparison against regional and income-group cohorts

In its regional cohort (Europe & Central Asia), Spain ranks #4 of 37 eligible economies. Its Final Score of 91.7 compares to a regional median of 71.4 (+20.2 vs regional median).

In its income-group cohort (High-income countries), it ranks #8 of 47 eligible economies, with its Final Score +13.0 vs the income group median of 78.7.

The closest regional rival is Switzerland; the closest income-group rival is Switzerland.

Regional peers - Europe & Central Asia

closest 5 by Final Score within selected economy's region

Rank Economy SA AR FW ET Final
9 Spain 90.8 93.9 89.1 92.8 91.7
10 Switzerland 84.8 96.6 90.1 94.8 91.6
8 Netherlands 89.8 95.2 88.1 94.3 91.9
11 France 87.8 97.3 95.0 84.6 91.2
14 Sweden 79.7 91.2 92.0 93.8 89.2
4 Germany 93.9 98.0 99.0 91.2 95.5

Income-group peers - High-income countries

closest 5 by Final Score within selected economy's income group

Rank Economy SA AR FW ET Final
9 Spain 90.8 93.9 89.1 92.8 91.7
10 Switzerland 84.8 96.6 90.1 94.8 91.6
8 Netherlands 89.8 95.2 88.1 94.3 91.9
11 France 87.8 97.3 95.0 84.6 91.2
12 Singapore 86.8 88.4 91.1 97.9 91.1
6 South Korea 95.9 93.2 86.1 98.4 93.4

Spain | Index Context & Diagnostic

Where this economy sits in the global Top 25 + index-level diagnostic insights

Strategic Narrative

Spain ranks ninth in the QS World Future Skills Index 2027 with a Final Score of 91.7. Their strong overall performance is built on high scoring supply metrics: Academic Readiness (93.9, rank 10), Skills Alignment (90.8, rank 10). The demand side is slightly weaker, with Future of Work readiness placing 12 and Economic Transformation placing 15. This results in one of the most balanced economies in the top 25, with a between-indicator gap of only 2.1, bested only by the US and Australia.

The defining tension is between excellent skills supply and a labour market that has historically struggled to absorb it: Spain still posts the EU27's highest unemployment rate (~10.8% Q1 2026), severe regional dispersion and elevated youth NEET, but the 2021 Labour Reform, LOSU and Royal Decree 905/2025 represents a coherent attempt to align higher education quality, employability and labour demand. Spain's strengths are concentrated in subject competitiveness, Best Student Cities presence (Madrid, Barcelona, Valencia) and high outward/inward student mobility: Spain welcomed over 170,000 Erasmus+ students in 2024.

Spain is a supply-rich economy, but its demand is still catching up. The binding indicator is Economic Transformation, particularly the absorption of high-skill graduates into productive, research-intensive firms. The 12 PERTE programmes (electric vehicles, semiconductors, green hydrogen, vanguard health) are the explicit policy bet that NGEU-funded industrial transformation can finally convert Spain's deep human capital into sustained productivity growth.

Top Three Strengths

Indicator Sub-Indicator Score Global Rank Interpretation
FW Digital Skills Penetration 93.4 #7 globally World-leading position
AR Green Education 91.8 #10 globally World-leading position
AR Digital Education 91.8 #10 globally World-leading position

Bottom Three Weaknesses

Indicator Sub-Indicator Score Global Rank Interpretation
ET Workforce Readiness 75.8 #43 globally Material drag on overall score
SA HCI+ 71.3 #32 globally Material drag on overall score
FW QS AI Workforce Transformation 82.7 #30 globally Relative weak spot
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