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Indicators of economy in Spain

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Spain reached 29.565 US dollars per inhabitant, or 1,393.49 bn US Dollar in the whole country. Spain is therefore one of the world's largest economies and is currently at rank 14. If this is calculated per inhabitant taking into account the purchasing power parity, then Spain is in the list of the world's richest countries in place 34.

Inflation in Spain was in 2020 at around -0.32%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices for convenience goods are approximately 10.30% lower.
The Corruption Perceptions Index for the public sector counts 62 and is compared to other countries moderate.


Back to overview: Spain

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Spain
Total
Spain
per capita
EU
Total
EU
per capita
GDP1,393.49 bn USD29,564.74 USD15,626.45 tn USD30,377.04 USD
Gross national product1,430.77 bn USD30,355.61 USD16,026.52 tn USD31,154.76 USD


Spain ranked 31st in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 25 of the 2000 largest listed companies in the world originate from Spain. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:

Rank 55: Santander (Madrid)
Rank 120: Iberdrola (Bilbao)
Rank 244: Inditex (A Coruña)
Rank 265: Telefónica (Madrid)
Rank 320: BBVA-Banco Bilbao Vizcaya (Madrid)
Rank 409: Naturgy Energy Group (Barcelona)
Rank 462: CaixaBank (Valencia)
Rank 564: Grupo ACS (Madrid)
Rank 645: Repsol (Madrid)
Rank 731: Mapfre (Majadahonda)

Development of the Gross domestic product in billion US Dollar 1979 - 2019


Household debt and deficits 2019


 Spain
Total
Spain
per capita
EU
Total
EU
per capita
Gross debt1,330.93 bn USD28,237.39 USD14,618.72 tn USD28,418.07 USD
Budget deficit39.90 bn USD846.44 USD148.52 bn USD288.72 USD


Im- and Exports 2019

 Spain
Total
Spain
per capita
EU
Total
EU
per capita
Imports447.27 bn USD9,489.51 USD8,073.39 bn USD15,694.28 USD
Exports486.10 bn USD10,313.17 USD8,622.21 bn USD16,761.16 USD


Development of imports and exports in billion US dollars 1979 - 2019

Exports
Imports



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