The second government of Felipe González was formed on 26 July 1986, following the latter's election as Prime Minister of Spain by the Congress of Deputies on 23 July and his swearing-in on 24 July, as a result of the Spanish Socialist Workers' Party (PSOE) emerging as the largest parliamentary force at the 1986 Spanish general election.

It succeeded the first González government and was the Government of Spain from 26 July 1986 to 7 December 1989, a total of 1,230 days, or 3 years, 4 months and 11 days.

The cabinet comprised members of the PSOE (including its sister party, the Socialists' Party of Catalonia, PSC) and a number of independents.

It was automatically dismissed on 30 October 1989 as a consequence of the 1989 general election, but remained in acting capacity until the next government was sworn in.

[7] Felipe González's second government was organised into several superior and governing units, whose number, powers and hierarchical structure varied depending on the ministerial department.