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.

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 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.

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.

Investment as percent of GDP in Spain, September, 2025 The most recent value is 20.62 percent as of Q3 2025, an increase compared to the previous value of 20.56 percent. Historically, the average for Spain from Q1 1995 to Q3 2025 is 22.63 percent. The minimum of 17.3 percent was recorded in Q3 2013, while the maximum of 30.67 percent was reached in Q4 2006. | TheGlobalEconomy.com

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.

Spanish Tourism Satellite Account. Base 2010: Contribution of tourism to the Spanish economy GDP by absolute value/percentage/index, type of indicator and period. National.

The value of goods and services offered by the tourism sector in Spain increased by more than ** percent in 2024, surpassing *** billion euros. In 2025, the tourism GDP in the Iberian country could grow by ***** percent. Holidaymakers in Spain France was the leading source country for inbound tourism in Spain in 2020. Although British tourists in Spain have traditionally been the largest visitor group in the Mediterranean country, the number of travelers from Britain declined by almost ** million in 2020, most likely due to difficulties created as a result of the COVID-19 pandemic. Notably, the share of domestic tourist expenditure was higher than the share of international tourist expenditure in the country in 2020, which was different from the share of tourism expenditure in Spain prior to COVID-19. COVID-19 impact on the Spanish tourism industry As of December 2021, the travel and tourism sector in Spain was still recovering from the economy-wide disruptions caused by the global health crisis. The monthly growth rate of tourism GDP in Spain was lower in every month of 2020 and 2021 compared to the same month in 2019. Additionally, businesses within the sector reported lower revenues since the beginning of the pandemic, with negative earnings growth rates in Spanish tourism companies in 2020 and 2021 compared to reported earnings in 2019.

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

Spain GDP Composition by Sector, 2016 Discover more data with ReportLinker!

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 .

Spain ES: Gross Domestic Product (GDP) data was reported at 1,166,319.000 EUR mn in 2017. This records an increase from the previous number of 1,118,743.000 EUR mn for 2016. Spain ES: Gross Domestic Product (GDP) data is updated yearly, averaging 1,007,974.000 EUR mn from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 1,166,319.000 EUR mn in 2017 and a record low of 459,337.000 EUR mn in 1995. Spain ES: Gross Domestic Product (GDP) data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Spain – Table ES.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

The Gross Domestic Product per capita in Spain was last recorded at 48373.05 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Spain, when adjusted by Purchasing Power Parity is equivalent to 272 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.

Latest economic indicators for Spain including inflation, GDP, unemployment, and more.

Spain Economic Activity Index: 2010=100: swda: Composite Indicator: Services data was reported at 121.988 2010=100 in Jun 2018. This records an increase from the previous number of 121.774 2010=100 for May 2018. Spain Economic Activity Index: 2010=100: swda: Composite Indicator: Services data is updated monthly, averaging 96.404 2010=100 from Jan 1995 (Median) to Jun 2018, with 282 observations. The data reached an all-time high of 121.988 2010=100 in Jun 2018 and a record low of 64.879 2010=100 in Jan 1995. Spain Economic Activity Index: 2010=100: swda: Composite Indicator: Services data remains active status in CEIC and is reported by Ministry of Economy and Competitiveness. The data is categorized under Global Database’s Spain – Table ES.A075: Economic Activity Index: Composite Indicator.

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

The dataset with information about Spanish SAM, the consumption patters of Spanish housedolds and about the matrix of conversión of coefficientsFile list: DATOSESRTAXES_2020.doc: The file contains a Sectoral Breakdown SAM for the Spanish Economy 2010, Detailed Description of the Structure and Data Sources of the Spanish SAM with Heterogeneous Households, Detailed Description of the Static Spanish AGE model, External Statistical Sources to Calibrate the Static Spanish AGE model, Simulation and Results of Actual VAT and PIT Reforms and Alternative Reforms

File list: ESP2010_H9FISCALALTERNEW_LESPC.xlsx: The file contains a dataset with information about Spanish SAM, the consumption patters of Spanish housedolds and about the matrix of conversión of coefficientsFile list: DATOSESRTAXES_2020.doc: The file contains a Sectoral Breakdown SAM for the Spanish Economy 2010, Detailed Description of the Structure and Data Sources of the Spanish SAM with Heterogeneous Households, Detailed Description of the Static Spanish AGE model, External Statistical Sources to Calibrate the Static Spanish AGE model, Simulation and Results of Actual VAT and PIT Reforms and Alternative Reforms

Spain - GDP and main components: Wages and salaries was EUR158830.00 Million in September of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - GDP and main components: Wages and salaries - last updated from the EUROSTAT on December of 2025. Historically, Spain - GDP and main components: Wages and salaries reached a record high of EUR158830.00 Million in September of 2025 and a record low of EUR42609.10 Million in March of 1995.

Spain - Direct investment in the reporting economy (flows) was 2.50 % of GDP in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - Direct investment in the reporting economy (flows) - last updated from the EUROSTAT on November of 2025. Historically, Spain - Direct investment in the reporting economy (flows) reached a record high of 6.90 % of GDP in December of 2000 and a record low of 0.50 % of GDP in December of 2009.

Spain Economic Activity Index: 2000=100: swda: Composite Indicator: Consumption data was reported at 122.569 2000=100 in Dec 2011. This records an increase from the previous number of 122.037 2000=100 for Nov 2011. Spain Economic Activity Index: 2000=100: swda: Composite Indicator: Consumption data is updated monthly, averaging 108.703 2000=100 from Jan 1995 (Median) to Dec 2011, with 204 observations. The data reached an all-time high of 126.207 2000=100 in Dec 2007 and a record low of 79.946 2000=100 in Mar 1995. Spain Economic Activity Index: 2000=100: swda: Composite Indicator: Consumption data remains active status in CEIC and is reported by Ministry of Economy and Competitiveness. The data is categorized under Global Database’s Spain – Table ES.A075: Economic Activity Index: Composite Indicator.