diff --git a/CHANGELOG.md b/CHANGELOG.md
index 75327ae9c..226f81fb2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -17,6 +17,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Respected the filter by account for accounts when exporting activities on the portfolio activities page
 - Improved the label for asset profiles with `MANUAL` data source in the chart of the holdings tab on the home page
 - Improved the language localization for Catalan (`ca`)
+- Improved the language localization for Spanish (`es`)
 
 ### Fixed
 
diff --git a/apps/client/src/locales/messages.es.xlf b/apps/client/src/locales/messages.es.xlf
index e0ef4dd37..a00d6d054 100644
--- a/apps/client/src/locales/messages.es.xlf
+++ b/apps/client/src/locales/messages.es.xlf
@@ -6527,7 +6527,7 @@
       </trans-unit>
       <trans-unit id="2427223107800831324" datatype="html">
         <source>Italy</source>
-        <target state="new">Italy</target>
+        <target state="translated">Italia</target>
         <context-group purpose="location">
           <context context-type="sourcefile">libs/ui/src/lib/i18n.ts</context>
           <context context-type="linenumber">85</context>
@@ -6535,7 +6535,7 @@
       </trans-unit>
       <trans-unit id="3783587393795767345" datatype="html">
         <source>Netherlands</source>
-        <target state="new">Netherlands</target>
+        <target state="translated">Países Bajos</target>
         <context-group purpose="location">
           <context context-type="sourcefile">libs/ui/src/lib/i18n.ts</context>
           <context context-type="linenumber">87</context>
@@ -6543,7 +6543,7 @@
       </trans-unit>
       <trans-unit id="3591085113786124083" datatype="html">
         <source>New Zealand</source>
-        <target state="new">New Zealand</target>
+        <target state="translated">Nueva Zelanda</target>
         <context-group purpose="location">
           <context context-type="sourcefile">libs/ui/src/lib/i18n.ts</context>
           <context context-type="linenumber">88</context>
@@ -6551,7 +6551,7 @@
       </trans-unit>
       <trans-unit id="2356316679035829946" datatype="html">
         <source>Poland</source>
-        <target state="new">Poland</target>
+        <target state="translated">Polonia</target>
         <context-group purpose="location">
           <context context-type="sourcefile">libs/ui/src/lib/i18n.ts</context>
           <context context-type="linenumber">89</context>
@@ -6559,7 +6559,7 @@
       </trans-unit>
       <trans-unit id="545992063382313902" datatype="html">
         <source>Romania</source>
-        <target state="new">Romania</target>
+        <target state="translated">Rumanía</target>
         <context-group purpose="location">
           <context context-type="sourcefile">libs/ui/src/lib/i18n.ts</context>
           <context context-type="linenumber">90</context>
@@ -6567,7 +6567,7 @@
       </trans-unit>
       <trans-unit id="8039968326438721789" datatype="html">
         <source>South Africa</source>
-        <target state="new">South Africa</target>
+        <target state="translated">Sudáfrica</target>
         <context-group purpose="location">
           <context context-type="sourcefile">libs/ui/src/lib/i18n.ts</context>
           <context context-type="linenumber">92</context>
@@ -6575,7 +6575,7 @@
       </trans-unit>
       <trans-unit id="2040543873210054611" datatype="html">
         <source>Thailand</source>
-        <target state="new">Thailand</target>
+        <target state="translated">Tailandia</target>
         <context-group purpose="location">
           <context context-type="sourcefile">libs/ui/src/lib/i18n.ts</context>
           <context context-type="linenumber">94</context>
@@ -6583,7 +6583,7 @@
       </trans-unit>
       <trans-unit id="6133495983093212227" datatype="html">
         <source>United States</source>
-        <target state="new">United States</target>
+        <target state="translated">Estados Unidos</target>
         <context-group purpose="location">
           <context context-type="sourcefile">libs/ui/src/lib/i18n.ts</context>
           <context context-type="linenumber">97</context>