The recorded music market grew by 13.7% in 2025, reaching 409.5 million euros ($475.7 million) in industry value, according to the annual report from PROMUSICAE (Producers of Music of Spain), the association that represents over 95% of Spain’s music market.
Music sales — including digital and physical formats — generated 343.7 million euros ($399.3 million), equivalent to 84% of the industry’s total revenue, placing the market at levels similar to those recorded in 2003, though still 26% below the historic peak reached in 2001.
Among the most consumed albums in Spain in 2025, the report highlights Debí Tirar Más Fotos by Bad Bunny, which topped the annual chart after 51 weeks on the list. The top 10 also included Lux by Rosalía, Cuarto Azul by Aitana, Buenas Noches by Quevedo, Borondo by Beéle, and The Life of a Showgirl by Taylor Swift, as well as albums like Nacer de Nuevo by JC Reyes, Tropicoqueta by Karol G, Lo Mismo de Siempre by Mora, and Omar Courtz’s Primera Musa.
Streaming continued to be the main driver of the music industry in Spain in 2025. This format generated 299.8 million euros ($348.3 million), 13% more than the previous year, accounting for 99.2% of all digital sales.
The majority of that revenue came from premium subscriptions, which contributed 213.8 million euros ($248.4 million), accounting for 71.3% of total streaming revenue. Ad-supported streaming — both audio and video — generated 86 million euros ($99.9 million), though it represents a much smaller portion of the industry’s total revenue despite its high level of usage.
According to the report, more than 21 million Spaniards used audio streaming services in 2025, which is roughly 42% of the population, while over 8 million users had premium subscriptions, an 18% increase compared to 2024.
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In the annual song ranking, the standout track was “La Plena (W Sound 05)” by W Sound, Beéle, and Ovy On The Drums, followed by Yorghaki and Alleh’s “Capaz (Merengueton).” The ranking also features several hits by Bad Bunny, including “Baile Inolvidable,” “NuevaYol,” “DtMF,” and the collaboration “Veldá” with Omar Courtz and Dei V. Other notable tracks of the year included “Mi Refe” by Beéle and Ovy On The Drums, “No tiene sentido” by Beéle, Karol G’s “Si Antes Te Hubiera Conocido,” and “Yo y Tú” by Ovy On The Drums, Quevedo, and Beéle.
Overall, the digital market generated 302 million euros ($350.8 million), accounting for 87.9% of all recorded music sales in Spain. Permanent downloads and other digital formats contributed 2.2 million euros ($2.56 million), although their share of the market continues to decline compared to streaming.
The physical market also saw significant growth in 2025, with revenues of 41.7 million euros ($48.4 million), a 31.6% increase from 2024.
Vinyl continues to be the dominant format, accounting for 69% of physical sales. A total of 2.18 million units were sold, generating 28.9 million euros ($33.5 million), a 44.9% year-over-year increase. CD sales also grew, though more modestly, with revenues of 12.6 million euros ($14.6 million), up 9.1% from the previous year.
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Antonio Guisasola, president of PROMUSICAE, shared his perspectives on the sector’s results for the past year. “The growth of the recording market in 2025 confirms that the efforts and investment of record companies in Spain to support the talent and creativity of artists are delivering results that bring us closer to the figures of 2003,” he said in a statement.
However, the executive warned that the sector still faces structural challenges: “The penetration of paid subscriptions remains lower than in other markets around us, so it is necessary to continue strengthening this model to ensure fair compensation for creators,” he added.
The report also highlights that piracy remains a significant issue, with 34% of consumers accessing content illegally, which is estimated to have an economic impact of 722 million euros ($838.8 million) on the music industry.
