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.


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