The Gross Domestic Product (GDP) in Spain was worth 1394.12 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Spain represents 1.16 percent of the world economy.

GDP in Spain averaged 568.61 USD Billion from 1960 until 2019, reaching an all time high of 1625.22 USD Billion in 2008 and a record low of 12.07 USD Billion in 1960. This page provides the latest reported value for - Spain GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain GDP - values, historical data and charts - was last updated on October of 2020. source: World Bank

GDP in Spain is expected to reach 1200.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain GDP is projected to trend around 1280.00 USD Billion in 2021 and 1380.00 USD Billion in 2022, according to our econometric models.

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Spain GDP

Actual Previous Highest Lowest Dates Unit Frequency
1394.12 1419.74 1625.22 12.07 1960 - 2019 USD Billion Yearly
Current USD

Spain GDP Last Previous Highest Lowest Unit
GDP Growth Rate -17.80 -5.20 1.60 -17.80 percent [+]
GDP Annual Growth Rate -21.50 -4.20 5.40 -21.50 percent [+]
GDP 1394.12 1419.74 1625.22 12.07 USD Billion [+]
GDP Constant Prices 245867.00 297796.00 315833.00 112760.00 EUR Million [+]
Gross Fixed Capital Formation 46125.00 59522.00 81720.00 24617.00 EUR Million [+]
GDP per capita 33349.70 32897.50 33349.70 7375.70 USD [+]
GDP per capita PPP 40883.30 40328.90 40883.30 27598.30 USD [+]
GDP From Agriculture 9324.00 8486.00 9324.00 4189.00 EUR Million [+]
GDP From Construction 14185.00 16549.00 29227.00 9818.00 EUR Million [+]
GDP From Manufacturing 25680.00 31911.00 35916.00 18386.00 EUR Million [+]
GDP From Public Administration 52075.00 51324.00 52075.00 17196.00 EUR Million [+]
GDP From Services 167652.00 202464.00 213956.00 67961.00 EUR Million [+]
GDP From Transport 37168.00 59226.00 67720.00 25987.00 EUR Million [+]


Spain GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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