Bank of Spain28 October 2026Documento ocasional

Occasional Papers. 2624. The use of artificial intelligence by Spanish firms: recent progress and factors associated with its use

The Neural Herald summary, AI-generated

Occasional Paper using the Bank of Spain Business Activity Survey to analyse the adoption of artificial intelligence by Spanish firms between 2024 and 2026. Use has doubled among SMEs, to 30%-35%, compared with around 70% among large firms, and the impact on employment remains limited.

Key points

A significant share of firms report productivity and investment gains, especially with intensive use.
Adopters show higher productivity, wages and intangible assets.
Among non-adopters, the obstacles are lack of resources and low perceived usefulness.

Who is affected

Firms, especially SMEs, and economic and industrial policymakers.

Plain-language version

A Bank of Spain study shows AI use among small and medium-sized businesses doubled between 2024 and 2026, to 30-35%. In large firms it is around 70%. So far it is barely affecting jobs, and the firms that use it tend to be more productive and pay higher wages.

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Occasional Papers. 2624. The use of artificial intelligence by Spanish firms: recent progress and factors associated with its use

Key points

Who is affected

Plain-language version

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