The Gross Domestic Product per capita in Spain was last recorded at 28569.84 US dollars in 2023. The GDP per Capita in Spain is equivalent to 226 percent of the world's average. This dataset provides the latest reported value for - Spain GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows the gross domestic product (GDP) per capita in Spain from 1987 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. In 2024, the GDP per capita in Spain was around 35,091.65 U.S. dollars. Spain's struggling economy The Spanish economy is essential for the global market, as it remains one of the largest economies in the world as well as within Europe. The aftermath of the global financial crisis and the Eurozone crisis resulted in an economic collapse, which has yet to be completely resolved by the Spanish government. While unemployment has always been a general weakness for Spain, the occurrence of recent economic disasters has fueled the struggles in the country’s job market, resulting in a decade high unemployment rate. During the prime of both crises, not only millions of workers were laid off, but government spending also reached a new high, considerably exceeding national revenues earned. This not only resulted in further layoffs in the following years, but also burdened the country with almost double the amount of debt. Prior to the crisis, the public already assumed that the Spanish economy would decline, however the public opinion of the situation became conclusive post 2009. The lack of consumer confidence is only further damaging the Spanish economy, as investors have already pulled much capital from the troubled nation and are hesitant to reinvest their money.

Spain - Real GDP per capita was EUR26210.00 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 per capita - last updated from the EUROSTAT on May of 2025. Historically, Spain - Real GDP per capita reached a record high of EUR26210.00 in December of 2024 and a record low of EUR21640.00 in December of 2000.

Spain's quarterly gross domestic product (GDP) per capita at current prices for the first quarter of 2024 was approximately 7,580 euros. This was an decrease in the value obtained in the last quarter of 2023.

GDP per capita (current US$) in Spain was reported at 33509 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

Spain GDP per capita for 2023 was $32,677, a 10.12% increase from 2022.

<ul style='margin-top:20px;'>

<li>Spain GDP per capita for 2022 was <strong>$29,675</strong>, a <strong>2.67% decline</strong> from 2021.</li>
<li>Spain GDP per capita for 2021 was <strong>$30,489</strong>, a <strong>12.99% increase</strong> from 2020.</li>
<li>Spain GDP per capita for 2020 was <strong>$26,984</strong>, a <strong>8.78% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

The Gross Domestic Product per capita in Spain was last recorded at 47298.41 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Spain, when adjusted by Purchasing Power Parity is equivalent to 266 percent of the world's average. This dataset provides the latest reported value for - Spain GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP per capita growth (annual %) in Spain was reported at 1.4253 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Gross Domestic Product Per Capita for Spain (PCAGDPESA646NWDB) from 1960 to 2023 about Spain, per capita, and GDP.

GDP per capita, PPP (constant 2017 international $) in Spain was reported at 47341 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - GDP per capita, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

According to the source, Extremadura and Andalusia, along with the autonomous city of Melilla, were the two Spanish communities with the lowest GDP per capita in 2022, all three with figures below 21,000 euros. In contrast, the Community of Madrid holds the first place with a GDP of approximately 38,435 euros per capita.

GDP per capita, PPP (current international $) in Spain was reported at 53230 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Despite following a similar trend to the rest of Spain, the region of Catalonia had a higher GDP than average for the country. In 2022, Catalonia's GDP per capita was roughly 34,500 euros, while the national figures for the entire country were around 28,280 euros per inhabitant.

Spain GDP per Capita: Andalusia: Sevilla data was reported at 23,032.000 EUR in 2022. This records an increase from the previous number of 21,346.000 EUR for 2021. Spain GDP per Capita: Andalusia: Sevilla data is updated yearly, averaging 18,686.000 EUR from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 23,032.000 EUR in 2022 and a record low of 12,121.000 EUR in 2000. Spain GDP per Capita: Andalusia: Sevilla 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.

Key information about Spain Private Consumption: % of GDP

• Spain Private Consumption accounted for 54.5 % of its Nominal GDP in Dec 2024, compared with a ratio of 56.2 % in the previous quarter.
• Spain Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1980 to Dec 2024, with an average share of 58.9 %.
• The data reached an all-time high of 68.6 % in Sep 1981 and a record low of 53.3 % in Jun 2020.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. National Statistics Institute provides Private Consumption Expenditure in EUR and Nominal GDP in EUR, based on ESA 2010. Private Consumption as % of Nominal GDP prior to Q1 1995 is based on ESA 1995 with benchmark year 1995.


Related information about Spain Private Consumption: % of GDP

• In the latest reports, Spain GDP expanded 4.2 % YoY in Mar 2023.
• Its Nominal GDP reached 378.4 USD bn in Mar 2023.
• Spain GDP Per Capita reached 30,157.4 USD in Dec 2021.
• Its Gross Savings Rate was measured at 23.7 % in Sep 2024.

GDP per capita (current LCU) in Spain was reported at 30990 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - GDP per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

Spain GDP per Capita: Valencian Community: Valencia data was reported at 26,009.000 EUR in 2022. This records an increase from the previous number of 23,967.000 EUR for 2021. Spain GDP per Capita: Valencian Community: Valencia data is updated yearly, averaging 21,712.000 EUR from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 26,009.000 EUR in 2022 and a record low of 15,276.000 EUR in 2000. Spain GDP per Capita: Valencian Community: Valencia 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 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.

GDP per capita (constant LCU) in Spain was reported at 25750 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - GDP per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Starting in 2021, the Community of Madrid's gross domestic product has returned to positive territory after a decline of 10.4 percent in 2020. The forecast for 2023 points to a growth of three percent, while a growth of 2.9 percent is expected for 2024. GDP per capita of Spain The GDP per capita of Spain faced a decline during the COVID-19 pandemic, when the value dropped to 29,799 U.S. dollars in 2022. Nevertheless, since then, the GDP per capita of the Iberian country has been growing and is estimated to be at 34,045 dollars in 2024. In regional terms, the Community of Madrid was the autonomous community with the highest GDP per capita, at 38,435 euros in 2022. The employment scene in Madrid Employment in the autonomous Community of Madrid has been growing every year since 2021. The Spanish region favors the service sector, having over 87 percent of its employed population inserted in this sector. The average monthly income has also increased in recent years and, in 2023, reached 2,271 euros.