Free online Spanish listening exercises 
Escuchar en Español- ejercicios

Practise your Spanish listening skills - free online exercises

New: Learn Spanish with the help of a sitcom: Extra en Español (12 funny episodes with learning activities)

Learn to understand Spanish by watching the news or other TV programmes:  www.rtve.es 

Euronews: news from Europe in Spanish (also in English and other languages, so you can compare!)

Listen to Spanish radio: http://www.espana.fm/ 

Listen and watch Spanish wth the BBC

On the Instituto Cervantes website you can download trial exams containing listening tests (download the exercises as a pdf file and mp3). Different levels of the Common European Framework of Reference (CEFR):
A1 (beginners)
A2 
B1 (intermediate) 
B2
C1 (advanced) 
C2 near native / native speaker level

This website offers many listening exercises such as video reports, songs, documentaries, film trailers and commercials.

Trial exams B1-B2 level: you are required to log in to do the exercises/tests.
Trial exams C1-C2: log in to get access to the exercises.

Listening exercises Spanish A1/A2 level
Listening exercises Spanish op B1/B1+ level

Podcasts in Spanish with a few listening tests: interviews and short videos

Spanish videos about subjects from every day life, with transcriptions and English translation, however without exercises.

Preparing for SAT tests: instructions in English.

 GCSE-listening tests Spanish: you can download the exercises. They offer good practice material!