The Gross Domestic Product (GDP) in Spain was worth 1281.20 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Spain represents 1.14 percent of the world economy. source: World Bank

GDP in Spain averaged 580.85 USD Billion from 1960 until 2020, reaching an all time high of 1631.86 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 July of 2021.

GDP in Spain is expected to reach 1280.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain GDP is projected to trend around 1380.00 USD Billion in 2022 and 1460.00 USD Billion in 2023, according to our econometric models.

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Spain GDP

Actual Previous Highest Lowest Dates Unit Frequency
1281.20 1393.49 1631.86 12.07 1960 - 2020 USD Billion Yearly
Current USD

Spain GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.40 0.00 17.10 -17.80 percent [+]
GDP Annual Growth Rate -4.20 -8.90 5.40 -21.60 percent [+]
GDP 1281.20 1393.49 1631.86 12.07 USD Billion [+]
GDP Constant Prices 288284.00 290028.00 315833.00 112760.00 EUR Million [+]
Gross Fixed Capital Formation 58260.00 58427.00 81720.00 24617.00 EUR Million [+]
GDP per capita 29629.23 33384.87 33384.87 7382.90 USD [+]
GDP per capita PPP 36215.45 40805.92 40805.92 27543.92 USD [+]
GDP From Agriculture 8623.00 9077.00 9214.00 4189.00 EUR Million [+]
GDP From Construction 15452.00 16601.00 29227.00 9818.00 EUR Million [+]
GDP From Manufacturing 33329.00 34511.00 35916.00 18386.00 EUR Million [+]
GDP From Public Administration 54370.00 53891.00 54370.00 17196.00 EUR Million [+]
GDP From Services 193764.00 193303.00 213956.00 67961.00 EUR Million [+]
GDP From Transport 52537.00 53068.00 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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