Spain GDP Growth Rate  1995-2018 | Data | Chart | Calendar | Forecast

The Spanish economy grew 0.6 percent on quarter in the three months to June 2018, easing from a 0.7 percent expansion in the previous period and below market expectations of 0.7 percent, the preliminary figure showed. It was the lowest growth rate since the second quarter of 2014. GDP Growth Rate in Spain averaged 0.55 percent from 1995 until 2018, reaching an all time high of 1.60 percent in the first quarter of 2000 and a record low of -1.60 percent in the first quarter of 2009.

Spain GDP Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Spain GDP Growth Weakest Since 2014


The Spanish economy grew 0.6 percent on quarter in the three months to June 2018, easing from a 0.7 percent expansion in the previous period and below market expectations of 0.7 percent, the preliminary figure showed. It was the lowest growth rate since the second quarter of 2014.

Year-on-year, the GDP expanded by 2.7 percent in the second quarter of the year, slowing from a 2.8 percent increase in the previous period and missing market forecasts of 2.8 percent. It was the weakest annual growth rate in nearly four years. According to preliminary estimates domestic demand made the biggest contribution (2.9 percentage points), higher than the previous quarter (2.8 percentage points in Q1). Meantime, the external demand had a negative contribution of 0.2 percentage points, after adding 0.2 percentage points in the prior period.


INE | Stefanie Moya | stefanie.moya@tradingeconomics.com
7/31/2018 7:33:32 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-27 07:00 AM GDP Growth Rate QoQ Flash 0.7% 0.7% 0.7% 0.7%
2018-05-31 07:00 AM GDP Growth Rate QoQ Final 0.7% 0.7% 0.7% 0.7%
2018-07-31 07:00 AM GDP Growth Rate QoQ Flash 0.6% 0.7% 0.6% 0.6%
2018-09-28 07:00 AM GDP Growth Rate QoQ Final 0.7% 0.6% 0.6%
2018-10-31 08:00 AM GDP Growth Rate QoQ Flash 0.6%
2018-12-28 08:00 AM GDP Growth Rate QoQ Final


Spain GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.70 1.60 -1.60 percent [+]
GDP Annual Growth Rate 2.70 3.00 5.60 -4.30 percent [+]
GDP 1311.32 1237.26 1635.02 12.07 USD Billion [+]
GDP Constant Prices 299267.00 298023.00 299267.00 112208.00 EUR Million [+]
Gross Fixed Capital Formation 63383.00 61680.00 85511.00 24923.00 EUR Million [+]
GDP per capita 32405.75 31505.61 32459.92 7359.97 USD [+]
GDP per capita PPP 34272.36 33320.37 34329.65 23758.73 USD [+]
GDP From Agriculture 8049.00 8088.00 8088.00 4136.00 EUR Million [+]
GDP From Construction 16276.00 16045.00 28879.00 9683.00 EUR Million [+]
GDP From Manufacturing 39353.00 38767.00 39353.00 18252.00 EUR Million [+]
GDP From Public Administration 49137.00 49103.00 49137.00 17370.00 EUR Million [+]
GDP From Services 197230.00 197451.00 197451.00 68153.00 EUR Million [+]
GDP From Transport 63834.00 63169.00 63834.00 26080.00 EUR Million [+]


Spain GDP Growth Rate

Spain is the fourth largest economy in the Euro Zone and the fifth biggest economy in the European Union. The country has a strong and diverse manufacturing industry and is one of the biggest tourist destinations in the world. On the expenditure side, household consumption is the main component of Spain's GDP (58 percent), followed by gross fixed capital formation (21 percent) and government expenditure (18 percent). Within investments, tangible fixed assets account for 18 percent of GDP, including construction (10 percent) and machinery, equipment and weapon system (7 percent); and intellectual property products account for the remaining 3 percent. Exports of goods and services account for 34 percent of GDP while imports account for 31 percent, adding 3 percent of total GDP. This page 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. Spain GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.70 1.60 -1.60 1995 - 2018 percent Quarterly




GDP growth rate by Country
Country Last
Indonesia 4.21 Jun/18
United States 4.20 Jun/18
India 1.90 Mar/18
China 1.80 Jun/18
Australia 0.90 Jun/18
Turkey 0.90 Jun/18
Russia 0.85 Mar/18
Netherlands 0.80 Jun/18
Canada 0.70 Jun/18
Japan 0.70 Jun/18
Switzerland 0.70 Jun/18
Singapore 0.60 Jun/18
South Korea 0.60 Jun/18
Spain 0.60 Jun/18
Germany 0.50 Jun/18
Euro Area 0.40 Jun/18
United Kingdom 0.40 Jun/18
Brazil 0.20 Jun/18
France 0.20 Jun/18
Italy 0.20 Jun/18
Saudi Arabia -0.05 Mar/18
Mexico -0.20 Jun/18
South Africa -0.70 Jun/18
Argentina -4.00 Jun/18


Related

Latest