The Gross Domestic Product (GDP) in Spain expanded 0.60 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Spain GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Spain from 2013 to 2023. In 2023, agriculture contributed around 2.5 percent to the GDP of Spain, 20.12 percent came from the industry and 68.66 percent from the service sector.

Full Year GDP Growth in Spain increased to 3.20 percent in 2024 from 2.70 percent in 2023. This dataset includes a chart with historical data for Spain Full Year GDP Growth.

Spain Coincident Economic Index: MoM data was reported at 0.262 % in Feb 2025. This records an increase from the previous number of 0.000 % for Jan 2025. Spain Coincident Economic Index: MoM data is updated monthly, averaging 0.204 % from Feb 1984 (Median) to Feb 2025, with 493 observations. The data reached an all-time high of 4.230 % in Jul 2020 and a record low of -6.256 % in Apr 2020. Spain Coincident Economic Index: MoM data remains active status in CEIC and is reported by The Conference Board. The data is categorized under Global Database’s Spain – Table ES.The Conference Board: Leading Economic Index. [COVID-19-IMPACT]

In 2024, the outlook on the current state of the Spanish economy was quite negative, according to a survey of business people and executives in Spain. Some 19 percent of respondents said the outlook for the Spanish economy was very bad or bad, while 54 percent said it was mediocre. From 2011 to 2024, the perception that the Spanish economy was excellent never exceeded two percent.

Key information about Spain Real GDP Growth

• The Gross Domestic Product (GDP) in Spain expanded 2.7 % YoY in Dec 2022, following a growth of 4.8 % in the previous quarter.
• Real GDP Growth YoY data in Spain is updated quarterly, available from Mar 1996 to Dec 2022, with an average rate of 2.9 %.
• The data reached an all-time high of 17.9 % in Jun 2021 and a record low of -21.9 % in Jun 2020.

• In the latest reports, Nominal GDP of Spain reached 352.1 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 5.2 % in Dec 2022.
• GDP Per Capita in Spain reached 27,002.6 USD in Dec 2020.
• Its Gross Savings Rate was measured at 21.3 % in Sep 2022.
• For Nominal GDP contributions, Investment accounted for 22.0 % in Dec 2022.
• Public Consumption accounted for 22.1 % in Dec 2022.
• Private Consumption accounted for 53.1 % in Dec 2022.

La función de la DG de Política Económica es asegurar el dinamismo económico en el país, a través de la promoción de una regulación de calidad a todos los niveles

This statistic shows the growth of the real gross domestic product (GDP) in Spain from 2020 to 2024, with projections up until 2030. 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. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. Spain's real GDP growth in 2043 was about 3.15 percent compared to the previous year. Spain's recovering economy Spain maintains a relatively important role as a member of the European Union as well as the World Trade Organization. Spain’s economy has been recognized as one of the most paramount in the world, however has been bogged down by multiple crisis’s over the past several years. Economical disasters such as the global financial crisis of 2008 and the euro debt crisis left the Spanish economy with long-term obstacles that the Spanish government has yet to overcome. One of the nation’s main economic struggles resides in unemployment, which was not only considerably high to start the decade but continued to grow to precarious volumes, most notably since 2008. Despite similar economical conflicts in neighboring countries, Spain suffers from one of the highest unemployment rates in Europe, only surpassed by Greece. The Spanish economy prospers from a low import-high export method which was initially implemented after the global financial crisis in order to help the country become more profitable. The country’s exports reached pre-crisis levels and saw continuous growth over the years, to the point that Spain became one of the world’s top exporters. Despite the economic slump due to the crisis, Spain now seems to recover slowly and forecasts are rather optimistic, in 2014, Spain was even among the countries with the largest GDP worldwide.

Spain: Economic growth forecast: The latest value from 2030 is 1.62 percent, an increase from 1.61 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Spain from 1980 to 2030 is 2.17 percent. The minimum value, -10.94 percent, was reached in 2020 while the maximum of 6.69 percent was recorded in 2021.

The Gross Domestic Product (GDP) in Spain expanded 2.80 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Spain GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

El Ministerio de Economía, Comercio y Empresa ofrece un conjunto de propuestas de empleo público y oportunidades de empleo internacional para el bienestar general

Spain Consumer Confidence Score: Current Local Economy data was reported at -42.000 Score in Jan 2023. This records an increase from the previous number of -44.000 Score for Dec 2022. Spain Consumer Confidence Score: Current Local Economy data is updated monthly, averaging -57.400 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of -28.400 Score in Mar 2010 and a record low of -81.700 Score in Dec 2012. Spain Consumer Confidence Score: Current Local Economy data remains active status in CEIC and is reported by Ipsos Group S.A.. The data is categorized under Global Database’s Spain – Table ES.H037:Table ES.IPSOS: Consumer Confidence Survey.

The tertiary sector was the one that had the greatest impact on GDP in all autonomous communities in 2022, with percentages that ranged between a minimum of 39.8 percent in La Rioja to 64.4 percent in Melilla. The regions where the primary sector had its largest share were Castile - La Mancha, Extremadura and Andalusia.

In 2023, the energy, water and waste management sector garnered approximately 356.8 billion euros through the 500 non-financial companies in Spain with the largest net profit. Among the 500 largest corporations, those working on retail trade and automotive activities had a turnover of approximately 139.4 and 109.5 billion euros, respectively.

The latest data from show economic growth of 2.8 percent, which is a decrease from the rate of growth of 3.3 percent in the previous quarter and
an increase compared to the growth rate of 2.7 percent in the same quarter last year. The economic growth time series for Spain cover the period from...

Ministerio de Economía, Comercio y Empresa

Productivity in Spain increased to 104.72 points in the first quarter of 2025 from 103.57 points in the fourth quarter of 2024. This dataset provides the latest reported value for - Spain Productivity - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Spain: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Spain from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Tourism Revenues in Spain increased to 6999 EUR Million in March from 5622 EUR Million in February of 2025. This dataset provides - Spain Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Spain (ESPPRMNTO01IXOBM) from Jan 1961 to Mar 2024 about Spain, production, and manufacturing.