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Europe & Central Asia

Spain GDP

Gross Domestic Product in current US dollars.

Latest Value

$1.73T

As of 2024

YoY Change

+6.6%

2023 → 2024

Record High

$1.73T

Recorded in 2024

Record Low

$12.42B

Recorded in 1960

10-Year Average

$1.42T

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: NY.GDP.MKTP.CD

Historical Trend

19602024

Analysis

Spain's GDP of approximately 1.725 trillion US dollars in 2024 indicates a significant economic presence in the European region. The country's economy is diversified, with key sectors including tourism, manufacturing, and agriculture, contributing to its overall GDP performance. Spain's economic growth is influenced by its integration into the European Union and its position as a major destination for foreign investment.

Historical Data

ValueYoY ChangeChange %
2024$1.73T$106.19B+6.6%
2023$1.62T$170.63B+11.8%
2022$1.45T$12.39B-0.8%
2021$1.46T$171.46B+13.3%
2020$1.29T$113.71B-8.1%
2019$1.40T$28.15B-2.0%
2018$1.43T$109.89B+8.3%
2017$1.32T$78.74B+6.3%
2016$1.24T$36.85B+3.1%
2015$1.21T$174.08B-12.6%

Source: World Bank Open Data · 1960–2024