The Gross Domestic Product (GDP) in Spain expanded 0.60 percent in the third 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 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.

The Gross Domestic Product (GDP) in Spain expanded 2.80 percent in the third 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.

Full Year GDP Growth in Spain increased to 3.50 percent in 2024 from 2.50 percent in 2023. This dataset includes a chart with historical data for Spain Full Year GDP Growth.

Both Spain and the members of the Organization for Economic Co-operation and Development (OECD) recorded a contraction of Gross Domestic Product (GDP) in 2020, followed by a remarkable high growth in the following year. The positive trend continued in 2024, with the Spanish economy growing **** percent, while the OECD members recorded a **** 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.

Economic growth, quarterly in Spain, September, 2025 The most recent value is 0.6 percent as of Q3 2025, a decline compared to the previous value of 0.8 percent. Historically, the average for Spain from Q2 1995 to Q3 2025 is 0.53 percent. The minimum of -17.8 percent was recorded in Q2 2020, while the maximum of 15.9 percent was reached in Q3 2020. | TheGlobalEconomy.com

The latest data from show economic growth of 2.8 percent, which is a decrease from the rate of growth of 3 percent in the previous quarter and
a decrease compared to the growth rate of 3.6 percent in the same quarter last year. The economic growth time series for Spain cover the period from ...

The gross domestic product (GDP) in current prices in Spain stood at 1.73 trillion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 1.49 trillion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 654.87 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Spanish GDP initiated a downward trend in 2008, with its lowest point in 2013, period of time in which Spain's GDP was down to 1,025 billion euros. The Spanish Gross Domestic Product steadily recovered since that year and peaked at 1,591 billion in 2024. The negative impact of the coronavirus pandemic on the economy is noticeable in the sudden plummet experienced by the Spanish GDP in 2020, when it dropped to 1,129 billion euros. Spain's GDP has also been analyzed by quarter.

Historical dataset showing Spain economic growth by year from 1960 to 2018.

Graph and download economic data for Real Gross Domestic Product for Spain (CLVMNACSCAB1GQES) from Q1 1995 to Q3 2025 about Spain, real, and GDP.

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 .

Monthly and long-term Spain economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

The Gross Domestic Product (GDP) in Spain was worth 1722.75 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Spain represents 1.62 percent of the world economy. This dataset provides the latest reported value for - Spain GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

According to the source, the Canary Islands and the Balearic Island would see the largest GDP increase in the country in 2025, with a growth of *** and *** percent, respectively. The expected recovery in the tourist sector and the increasing use of European funds are among the reason for such forecasted growth.

Spain ES: GDP: Growth: GNI data was reported at 3.468 % in 2016. This records a decrease from the previous number of 3.552 % for 2015. Spain ES: GDP: Growth: GNI data is updated yearly, averaging 2.942 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 8.331 % in 1972 and a record low of -2.764 % in 2009. Spain ES: GDP: Growth: GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Spain – Table ES.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Quarterly dataset of the Spain GDP Growth Rate (QoQ), including historical data, latest releases, and long-term trends from 1995-06-30 to 2025-09-30. Available for free download in CSV format.

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 2024 the GDP of Catalonia rose to its highest point at 316.7 billion euros, with the GDP of the whole of Spain amounting to 1.6 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 2024. 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 8.1 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 34,441 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 - Real GDP growth rate was 3.50% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - Real GDP growth rate - last updated from the EUROSTAT on December of 2025. Historically, Spain - Real GDP growth rate reached a record high of 6.70% in December of 2021 and a record low of -10.90% in December of 2020.