Spain GDP Annual Growth Rate: 3.1% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Spain is estimated to be $1.424 Trillion US dollars at the end of 2024.

The economy of Spain has grown at an average annual growth rate of 4.7% 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
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Economic Indicators: Spain 2021 2022 2023 2024
GDP Annual Growth Rate (%) 6.7 6.2 2.7 3.1
GDP per Capita Annual Growth Rate (%) 6.6 5.4 1.4 3.1
Real GDP (US$ Billions, 2010) 1,267 1,345 1,381 1,424
Real GDP per Capita (US$, 2010) 26,721 28,168 28,570 29,443
Current GDP (Billions, US$) 1,461 1,446 1,620 1,670
Current GDP per Capita (US$) 30,818 30,287 33,509 34,533
Real GDP PPP (Billions, 2017) 2,068 2,195 2,250 2,320
Real GDP per Capita PPP (int$ 2017) 38,457 40,143 40,664 43,045
Data Quality Rating for Spain See how much you can trust Spain's GDP Data




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SPAIN'S ECONOMICS
SPAIN'S DEMOGRAPHY
SPAIN'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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