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Europe & Central Asia · High income

Spain: the economy in numbers

Per person: $38,627, or $59,868 at purchasing power parity. Population: 49.4 million (2025).

$1.91T+2.8%real GDP growth, 2025

GDP in 2025, current US dollars: #12 of 204 economies. IMF forecast for 2026: +2.5%.

GDP per capita
$38,627
2025 · #41 of 204
GDP per capita, PPP
$59,868
2025 · #38 of 197
Inflation
2.7%
2025 · IMF forecast 2026: 3.7%
Government debt
100.5%
2025 · % of GDP, general government
Population
49.4M
2025 · #32 of 217
Unemployment
10.4%
2025 · ILO estimate
Stock market capitalization
68.1%
2025 · % of GDP · $1.3T
Life expectancy
83.9 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $135 billion in 1960, $1.91 trillion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $4,445 per person in 1960, $38,627 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 2.0% a year. Years of falling GDP since 1961: 7 of 65.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose by 77.8% from 2000 to 2025. Highest annual inflation: 24.5% in 1977.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1980: 119.2% of GDP in 2020. IMF forecast for 2031: 89.4%.

General government (IMF)Central government only (World Bank)
Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Stock market capitalization, % of GDP

In 2025 listed domestic companies were worth $1.3 trillion, or 68.1% of GDP.

Listed domestic companies, end of year (the “Buffett indicator”)Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 30.5 million · 2025: 49.4 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 15.9% · 2025: 10.4%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 69.1 years · 2024: 83.9 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1970: 12.2% · 2025: 36.6%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentStock market, % GDPLife expectancyExports, % GDP
20311.7%f2.0%f89.4%f
20301.7%f2.0%f90.7%f
20291.7%f2.0%f92.0%f
20281.8%f2.5%f93.2%f
20271.8%f2.7%f95.2%f
20262.5%f3.7%f97.6%f
2025$1.91T$38,627$59,8682.8%2.7%100.5%49.4M10.4%68.1%36.6%
2024$1.73T$35,327$58,0643.5%2.8%101.4%48.8M11.4%43.7%83.937.1%
2023$1.62T$33,493$55,6612.5%3.5%105.2%48.4M12.2%47.5%83.937.8%
2022$1.45T$30,319$51,4836.4%8.4%109.2%47.8M13.0%45.9%83.139.7%
2021$1.46T$30,799$44,2526.7%3.1%115.6%47.4M14.9%53.1%83.233.8%
2020$1.29T$27,234$39,328−10.9%−0.3%119.2%47.4M15.5%58.9%82.230.5%
2019$1.4T$29,787$44,0432.0%0.7%97.6%47.1M14.1%56.8%83.834.7%
2018$1.43T$30,602$41,0152.4%1.7%99.7%46.8M15.3%50.5%83.434.9%
2017$1.32T$28,381$39,8252.9%2.0%101.1%46.6M17.2%67.2%83.334.9%
2016$1.24T$26,756$37,6132.9%−0.2%102.0%46.5M19.6%56.7%83.333.6%
2015$1.21T$25,982$35,2294.1%−0.5%102.4%46.4M22.1%65.3%82.833.3%
2014$1.38T$29,708$33,7611.5%−0.2%104.4%46.5M24.4%71.9%83.233.2%
2013$1.36T$29,229$32,614−1.4%1.4%100.0%46.6M26.1%82.0%83.132.8%
2012$1.33T$28,456$31,870−2.9%2.4%89.6%46.8M24.8%74.8%82.431.3%
2011$1.49T$31,825$32,016−0.6%3.2%69.5%46.7M21.4%69.3%82.529.4%
2010$1.43T$30,659$31,8050.1%1.8%60.3%46.6M19.9%82.0%81.625.8%
2009$1.5T$32,280$32,218−3.8%−0.3%53.1%46.4M17.9%95.9%81.523.0%
2008$1.64T$35,603$33,3500.8%4.1%39.6%46M11.3%58.0%81.225.5%
2007$1.48T$32,652$32,5363.5%2.8%35.7%45.2M8.2%121.9%80.925.9%
2006$1.26T$28,422$30,7494.0%3.5%39.0%44.4M8.5%104.8%80.825.2%
2005$1.15T$26,451$27,6303.6%3.4%42.4%43.7M9.1%83.1%80.224.9%
2004$1.07T$24,925$26,1603.1%3.0%45.3%42.9M11.1%87.9%79.925.4%
2003$908B$21,522$25,0572.9%3.0%47.7%42.2M11.3%80.0%79.625.6%
2002$709B$17,111$24,3782.8%3.1%51.2%41.4M11.1%65.1%79.626.6%
2001$628B$15,368$22,9523.9%3.6%54.1%40.9M10.3%74.6%79.427.9%
2000$598B$14,743$21,5825.2%3.4%57.8%40.6M13.8%84.3%79.028.6%
1999$634B$15,708$19,9384.4%2.3%60.9%40.4M15.5%67.9%78.726.4%
1998$619B$15,382$19,0834.3%1.8%62.4%40.2M18.7%65.0%78.726.1%
1997$590B$14,722$17,9033.6%2.0%64.3%40.1M20.7%49.2%78.625.7%
1996$642B$16,101$16,9712.6%3.6%65.4%39.9M22.1%37.5%78.123.1%
1995$614B$15,461$16,2762.8%4.7%61.6%39.7M22.7%31.0%78.021.9%
1994$530B$13,406$15,5822.4%4.7%57.0%39.5M24.2%29.2%77.920.3%
1993$525B$13,330$14,973−1.0%4.6%54.6%39.4M22.2%22.6%77.517.7%
1992$630B$16,101$14,8550.9%5.9%44.1%39.2M17.7%18.4%77.416.2%
1991$577B$14,801$14,4612.5%5.9%41.9%39M15.9%25.6%77.015.8%
1990$536B$13,795$13,6763.8%6.7%41.3%38.9M20.8%76.815.8%
1989$414B$10,6744.8%6.8%39.9%38.8M29.6%76.816.6%
1988$376B$9,6965.1%4.8%38.5%38.8M24.2%76.717.3%
1987$319B$8,2345.5%5.2%41.9%38.7M22.3%76.717.8%
1986$251B$6,5093.3%8.8%42.1%38.6M19.5%76.518.2%
1985$181B$4,6962.3%8.8%40.9%38.5M10.8%76.320.9%
1984$172B$4,4871.8%11.3%36.0%38.3M7.7%76.321.3%
1983$171B$4,4751.8%12.2%29.5%38.2M6.4%75.919.1%
1982$196B$5,1561.2%14.4%24.4%38M5.7%76.117.0%
1981$203B$5,367−0.1%14.5%19.4%37.8M8.2%75.516.3%
1980$233B$6,2042.2%15.6%16.1%37.5M7.1%75.314.3%
1979$214B$5,7660.0%15.7%37.2M8.1%74.813.7%
1978$160B$4,3531.5%19.8%36.9M11.2%74.313.9%
1977$132B$3,6252.8%24.5%36.5M74.113.3%
1976$118B$3,2773.3%17.6%36.1M20.3%73.612.6%
1975$115B$3,2080.5%17.0%35.8M28.9%73.312.4%
1974$97.2B$2,7485.6%15.7%35.4M73.013.2%
1973$78.6B$2,2467.8%11.4%35M72.613.3%
1972$59.1B$1,7088.1%8.3%34.6M72.813.4%
1971$46.6B$1,3614.6%8.2%34.2M71.613.0%
1970$41B$1,2114.2%5.7%33.8M72.012.2%
1969$37.1B$1,1098.9%2.2%33.4M71.1
1968$32.4B$9786.6%5.0%33.1M71.5
1967$32.6B$9974.3%6.4%32.7M71.3
1966$29.6B$9167.2%6.2%32.3M71.1
1965$25.5B$7976.3%13.2%32M70.8
1964$22B$6955.3%7.0%31.6M70.4
1963$19.6B$6279.6%8.7%31.3M69.7
1962$16.6B$53510.0%5.7%31M69.5
1961$14.2B$46311.8%0.8%30.7M69.5
1960$12.4B$4081.2%30.5M69.1

e: IMF estimate; f: IMF forecast.

Nearby economies in Europe & Central Asia

Nearest by distance between capitals, with GDP per capita.

Albania · Andorra · Armenia · Austria · Azerbaijan · Belarus · Belgium · Bosnia and Herzegovina · Bulgaria · Channel Islands · Croatia · Cyprus · Czechia · Denmark · Estonia · Faroe Islands · Finland · France · Georgia · Germany · Gibraltar · Greece · Greenland · Hungary · Iceland · Ireland · Isle of Man · Italy · Kazakhstan · Kosovo · Kyrgyzstan · Latvia · Liechtenstein · Lithuania · Luxembourg · Moldova · Monaco · Montenegro · Netherlands · North Macedonia · Norway · Poland · Portugal · Romania · Russia · San Marino · Serbia · Slovakia · Slovenia · Spain · Sweden · Switzerland · Tajikistan · Turkmenistan · Türkiye · Ukraine · United Kingdom · Uzbekistan

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)