Spain GDP Annual Growth Rate: 1.2% (2023)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Spain is estimated to be $1.286 Trillion US dollars at the end of 2023.

The economy of Spain has grown at an average annual growth rate of -0.1% in the last four years and is ranked the 5th largest economy in Europe, ahead of Poland.

World Economics Rates Spain's Offical GDP Data as Grade A

GDP Annual Growth Rate: Spain


Source: World Bank, World Economics
0 0 0 Spain|#FE1800|8.14974580952463, 7.78846535789519, 5.61878571735528, 0.5422032143575, 3.30379157223688, 2.83857433385704, 1.46300323600586, 0.0415465146293599, 2.20872810729247, -0.13246845198897, 1.24646160563331, 1.7701157399856, 1.78468750686895, 2.32143594586805, 3.2533217057731, 5.54712261944346, 5.09432420396358, 4.82703027068838, 3.78139355508462, 2.54600058472822, 0.929215316053814, -1.03149172891911, 2.38319532639552, 2.75749404598304, 2.66056160429645, 3.70249462716615, 4.39310073452258, 4.4905533784064, 5.24594382377804, 3.93300276489272, 2.73094832930995, 2.98193631644672, 3.12273351662624, 3.65208419190144, 4.10268574072705, 3.60473846199818, 0.887067045576416, -3.7631070424473, 0.162919517758226, -0.814384776648922, -2.95892213230024, -1.40334186790638, 1.39577536727975, 3.83851887667484, 3.03777414172446, 2.97576072924863, 2.28446941947622, 1.9839662230883, -11.3254383222864, 5.5195949732682, 4.326, 1.211 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023,








 





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Economic Indicators: Spain 2020 2021 2022 2023
GDP Annual Growth Rate (%) -11.3 5.5 4.3 1.2
GDP per Capita Annual Growth Rate (%) -11.8 5.4 4.3 1.2
Real GDP (US$ Billions, 2010) 1,174 1,239 1,254 1,286
Real GDP per Capita (US$, 2010) 24,785 26,126 26,442 27,127
Current GDP (Billions, US$) 1,277 1,427 1,445 1,482
Current GDP per Capita (US$) 26,960 30,104 30,468 31,257
Real GDP PPP (Billions, 2017) 1,704 1,798 1,875 1,898
Real GDP per Capita PPP (int$ 2017) 36,438 38,457 40,143 40,664
Data Quality Rating for Spain See how much you can trust Spain's GDP Data





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