In 2023, Catalonia’s gross domestic product reached 292.47 billion euros, 70 percent of which came from the services sector. Industry was the second-biggest sector, accounting for almost 17 percent of the total GDP.

The gross domestic product or GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Both Catalonia and Spain as a whole experienced a decrease in GDP between 2008 and 2013. However, in 2023 the GDP of Catalonia rose to its highest point at 292.5 billion euros, with the GDP of the whole of Spain amounting to 1.5 trillion euros. The development of GDP in Spain was thus closely linked to the average change of GDP in the Eurozone, with GDP of Spain having risen significantly since 2020.

Catalonia's role in Spain's GDP

The Catalan participation in the Spanish GDP was estimated at 20 percent in 2023. This figure maintained steadily over the last few years, with an average share of about 20 percent of the total GDP of the country. It is worth mentioning that Catalonia was Spain’s second most populated autonomous community at 7.9 million inhabitants, mostly located in the Barcelona area. The average GDP per capita in Catalonia was significantly higher than that of the rest of Spain at 34,534 euros in 2022. During the same period, Spain’s average GDP per capita was 28,300 euros.

Tourism constitutes an essential industry for the Spanish economic system

Travel and tourism have become one of the leading engines of growth for the Spanish economy, featuring an ongoing increase in the GDP contribution over the last years and reaching approximately 164.5 billion euros in 2022. The industry also plays a key role to boost the Spanish employment market, which has been experiencing a significant improvement since the 2007 financial crisis jeopardized and destroyed many jobs across the country.

Spain GDP per Capita: Catalonia: Barcelona data was reported at 33,369.000 EUR in 2022. This records an increase from the previous number of 30,588.000 EUR for 2021. Spain GDP per Capita: Catalonia: Barcelona data is updated yearly, averaging 27,016.000 EUR from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 33,369.000 EUR in 2022 and a record low of 19,380.000 EUR in 2000. Spain GDP per Capita: Catalonia: Barcelona data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.A029: ESA 2010: GDP and GDP per Capita: by Region and City.

The contribution of the tourism sector the gross domestic product (GDP) of major Spanish cities increased significantly in 2022. For instance, tourism's share of Palma's GDP grew three percentage points in 2022 versus the previous year, while Barcelona saw an increase of 2.7 percent points.

Spain GDP: Catalonia: Barcelona data was reported at 191,753,316.000 EUR th in 2022. This records an increase from the previous number of 173,917,445.000 EUR th for 2021. Spain GDP: Catalonia: Barcelona data is updated yearly, averaging 148,013,898.552 EUR th from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 191,753,316.000 EUR th in 2022 and a record low of 92,612,443.074 EUR th in 2000. Spain GDP: Catalonia: Barcelona data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.A029: ESA 2010: GDP and GDP per Capita: by Region and City.

Brazil Gross Domestic Product (GDP): Northeast: Rio Grande do Norte: Barcelona data was reported at 32.911 BRL mn in 2016. This records an increase from the previous number of 30.533 BRL mn for 2015. Brazil Gross Domestic Product (GDP): Northeast: Rio Grande do Norte: Barcelona data is updated yearly, averaging 18.433 BRL mn from Dec 2002 (Median) to 2016, with 15 observations. The data reached an all-time high of 32.911 BRL mn in 2016 and a record low of 8.313 BRL mn in 2002. Brazil Gross Domestic Product (GDP): Northeast: Rio Grande do Norte: Barcelona data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s National Accounts – Table BR.AE016: SNA 2008: Gross Domestic Product: by Municipality: Current Price: Northeast: Rio Grande do Norte.

Brazil Gross Domestic Product per Capita: Northeast: Rio Grande do Norte: Barcelona data was reported at 8,096.150 BRL in 2016. This records an increase from the previous number of 7,509.420 BRL for 2015. Brazil Gross Domestic Product per Capita: Northeast: Rio Grande do Norte: Barcelona data is updated yearly, averaging 6,808.930 BRL from Dec 2010 (Median) to 2016, with 7 observations. The data reached an all-time high of 8,096.150 BRL in 2016 and a record low of 5,052.700 BRL in 2010. Brazil Gross Domestic Product per Capita: Northeast: Rio Grande do Norte: Barcelona data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s National Accounts – Table BR.AF016: SNA 2008: Gross Domestic Product per Capita: by Municipality: Northeast: Rio Grande do Norte.

In 2024, the average number of employees in tourism industries in Catalonia, Spain amounted to a little over 300,000, which represents a significant increase of around 3.5 percent versus the previous year.

Gross Domestic Product: Northeast: Rio Grande do Norte: Barcelona在2016达32.911 BRL mn，相较于2015的30.533 BRL mn有所增长。Gross Domestic Product: Northeast: Rio Grande do Norte: Barcelona数据按每年更新，2002至2016期间平均值为18.433 BRL mn，共15份观测结果。该数据的历史最高值出现于2016，达32.911 BRL mn，而历史最低值则出现于2002，为8.313 BRL mn。CEIC提供的Gross Domestic Product: Northeast: Rio Grande do Norte: Barcelona数据处于定期更新的状态，数据来源于Brazilian Institute of Geography and Statistics，数据归类于Brazil Premium Database的National Accounts – Table BR.AE016: SNA 2008: Gross Domestic Product: by Municipality: Current Price: Northeast: Rio Grande do Norte。

Gross Domestic Product per Capita: Northeast: Rio Grande do Norte: Barcelona在2016达8,096.150 BRL，相较于2015的7,509.420 BRL有所增长。Gross Domestic Product per Capita: Northeast: Rio Grande do Norte: Barcelona数据按每年更新，2010至2016期间平均值为6,808.930 BRL，共7份观测结果。该数据的历史最高值出现于2016，达8,096.150 BRL，而历史最低值则出现于2010，为5,052.700 BRL。CEIC提供的Gross Domestic Product per Capita: Northeast: Rio Grande do Norte: Barcelona数据处于定期更新的状态，数据来源于Brazilian Institute of Geography and Statistics，数据归类于Brazil Premium Database的National Accounts – Table BR.AF016: SNA 2008: Gross Domestic Product per Capita: by Municipality: Northeast: Rio Grande do Norte。

The statistic shows the inflation rate in Spain from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in Spain increased by about 3.4 percent compared to the previous year. Inflation in Spain As explained briefly above, inflation is commonly defined as the level of prices for goods and services in a country’s economy over a certain time span. It increases when the total money supply of a country increases, causing the money’s value to decrease, and prices to increase again in turn. Nowadays the term “inflation” is used more or less synonymously with “price level increase”. Its opposite is deflation, which, in short, means a decrease of the price level. Spain and its economy have been severely affected by the financial crisis of 2008 (as can be seen above), when the real estate bubble imploded and caused the demand for goods and services to decrease and the unemployment rate in Spain to increase dramatically. Even though deflation only occurred for one year in 2009 and the price level has been increasing since, Spain’s economy still has a long way to go until full recovery. Apart from the inflation rate and the unemployment rate, gross domestic product / GDP growth in Spain and the trade balance of goods in Spain, i.e. the exports of goods minus the imports, are additional indicators of Spain’s desolate condition during the economic crisis and its slow and difficult recovery ever since. Still, there is a silver lining for Spain’s economy. All in all, things seems to be improving economically, albeit slowly; many key indicators are starting to stabilize or even pick up again, while others still have some recovering to do.