Spain GDP - Gross Domestic Product 2024

GDP Spain first quarter of 2024

GDP in Spain grows 0.7%

Gross Domestic Product of Spain grew 0.7% in the first quarter of 2024 compared to the previous quarter. This rate is the same than in the previous quarter.

The year-on-year change in GDP was 2.4%, 3 -tenths of one percent more than the 2.1% recorded in the forth quarter of 2023.

The GDP figure in the first quarter of 2024 was €380,391$350,333 million, Spain is number 13 in the ranking of quarterly GDP of the 53 countries that we publish.

Spain has a quarterly GDP per capita, of €7,715$7,715, €429 $429 higher than the same quarter last year, it was .

If we order the countries according to their GDP per capita, Spain is in 24th position of the 53 countries whose quarterly GDP we publish.

Here we show you the progression of the GDP in Spain. You can see GDP in other countries in GDP and see all the economic information about Spain in Spain's economy.

Quarterly GDP at market prices 2024

Date	Quarterly GDP	Quarterly GDP	Quat. GDP Growth (%)	Quat. GDP Annual Growth (%)
2024Q1	€380,391M	$350,333M	0.7%	2.4%
< GDP Spain 2023

Evolution: Annual GDP Spain

Date	Annual GDP	Annual GDP	GDP Growth (%)
2023	€1,461,889M	$1,580,741M	2.5%
2022	€1,346,377M	$1,418,920M	5.8%
2021	€1,222,290M	$1,426,224M	6.4%
2020	€1,119,010M	$1,280,459M	-11.2%
2019	€1,245,513M	$1,393,200M	2.0%
2018	€1,203,859M	$1,421,639M	2.3%
2017	€1,162,492M	$1,312,076M	3.0%
2016	€1,114,420M	$1,232,573M	3.0%
2015	€1,078,092M	$1,195,721M	3.8%
2014	€1,032,608M	$1,371,576M	1.4%
2013	€1,020,677M	$1,355,162M	-1.4%
2012	€1,031,104M	$1,325,583M	-3.0%
2011	€1,063,763M	$1,480,450M	-0.8%
2010	€1,072,709M	$1,423,270M	0.2%
2009	€1,069,323M	$1,489,853M	-3.8%
2008	€1,109,541M	$1,631,685M	0.9%
2007	€1,075,539M	$1,474,176M	3.6%
2006	€1,003,823M	$1,260,466M	4.1%
2005	€927,357M	$1,154,354M	3.7%
2004	€859,437M	$1,068,570M	3.1%
2003	€802,266M	$907,264M	3.0%
2002	€749,552M	$708,256M	2.7%
2001	€700,993M	$627,834M	3.9%
2000	€647,851M	$598,628M	5.2%
1999	€595,723M	$635,968M	4.5%
1998	€555,993M	$618,414M	4.4%
1997	€519,268M	$589,376M	3.7%
1996	€489,203M	$640,026M	2.7%
1995	€459,337M	$613,946M	5.0%
1994	€425,089M	$531,137M	2.4%
1993	€425,936M	$529,319M	-1.0%
1992	€463,263M	$630,122M	0.9%
1991	€443,715M	$576,446M	2.5%
1990	€401,686M	$535,652M	3.8%
1989	€357,882M	$412,590M	4.8%
1988	€302,674M	$374,068M	5.1%
1987	€263,138M	$318,389M	5.5%
1986	€243,382M	$251,304M	3.3%
1985	€226,288M	$181,620M	2.3%
1984	€207,776M	$172,381M	1.8%
1983	€182,781M	$172,856M	1.8%
1982	€190,291M	$197,643M	1.2%
1981	€173,339M	$204,588M	-0.1%
1980	€159,100M	$230,759M	1.2%
1979		$214,602M	0.0%
1978		$160,600M	1.5%
1977		$132,449M	2.8%
1976		$118,507M	3.3%
1975		$114,777M	0.5%
1974		$97,274M	5.6%
1973		$78,640M	7.8%
1972		$59,132M	8.1%
1971		$46,619M	4.6%
1970		$40,993M	4.3%
1969		$36,039M	8.9%
1968		$31,476M	6.6%
1967		$31,647M	4.3%
1966		$28,721M	7.2%
1965		$24,757M	6.3%
1964		$21,344M	5.3%
1963		$19,075M	9.6%
1962		$16,139M	10.0%
1961		$13,834M	11.8%
1960		$12,072M

Evolution: GDP per capita Spain

Date	GDP per capita	GDP per capita	GDP P.C. Annual Growth	GDP P.C. Annual Growth
2023	€30,320	$32,530	7.7%	9.2%
2022	€28,160	$29,800	9.2%	-1.0%
2021	€25,800	$30,090	9.1%	11.3%
2020	€23,640	$27,039	-10.6%	-8.6%
2019	€26,440	$29,576	2.6%	-2.8%
2018	€25,760	$30,423	3.1%	7.9%
2017	€24,980	$28,197	4.1%	6.3%
2016	€23,990	$26,536	3.3%	3.0%
2015	€23,230	$25,764	2.0%	-12.7%
2014	€22,780	$29,525	1.2%	1.5%
2013	€22,518	$29,085	-0.2%	2.6%
2012	€22,562	$28,345	-0.9%	-10.5%
2011	€22,760	$31,677	-1.2%	3.6%
2010	€23,040	$30,567	-0.1%	-4.9%
2009	€23,060	$32,131	-4.4%	-9.5%
2008	€24,130	$35,484	1.5%	8.9%
2007	€23,780	$32,589	5.1%	14.7%
2006	€22,630	$28,414	6.5%	7.5%
2005	€21,240	$26,438	5.9%	6.0%
2004	€20,050	$24,932	5.5%	16.0%
2003	€19,010	$21,501	5.1%	25.8%
2002	€18,090	$17,098	5.2%	11.0%
2001	€17,200	$15,401	7.7%	4.3%
2000	€15,970	$14,761	8.2%	-6.7%
1999	€14,760	$15,814	7.3%	2.3%
1998	€13,760	$15,457	5.9%	4.6%
1997	€13,000	$14,783	2.4%	-8.2%
1996	€12,700	$16,096	7.3%	4.0%
1995	€11,840	$15,476	9.6%	15.3%
1994	€10,800	$13,420	0%	0.1%
1993	€10,800	$13,410	-8.5%	-16.3%
1992	€11,800	$16,013	3.5%	9.0%
1991	€11,400	$14,698	10.4%	7.3%
1990	€10,331	$13,694	12.2%	29.6%
1989	€9,211	$10,566	18.1%	10.1%
1988	€7,800	$9,599	14.8%	17.2%
1987	€6,794	$8,187	7.9%	26.4%
1986	€6,299	$6,477	7.3%	38.0%
1985	€5,873	$4,695	8.6%	5.0%
1984	€5,410	$4,472	13.2%	-0.7%
1983	€4,778	$4,502	-4.4%	-13.0%
1982	€4,996	$5,172	9.2%	-3.9%
1981	€4,576	$5,382	8.2%	-12.2%
1980	€4,227	$6,128	81.4%	6.7%
1979		$5,746		32.5%
1978		$4,336		20.1%
1977		$3,610		10.7%
1976		$3,262		2.2%
1975		$3,193		16.8%
1974		$2,735		22.3%
1973		$2,236		31.6%
1972		$1,699		25.4%
1971		$1,355		12.5%
1970		$1,204		12.2%
1969		$1,073		13.5%
1968		$945		-1.6%
1967		$961		8.5%
1966		$886		14.9%
1965		$770		14.7%
1964		$672		10.7%
1963		$607		17.1%
1962		$518		15.7%
1961		$448		13.4%
1960		$395

Evolution: GDP growth rate at constant prices Spain

Evolution: GDP per capita Spain

GDP Spain

GDP in Spain measures the monetary value of production of final goods and services in Spain over a given period (quarterly and annual). Spain GDP per capita (GDP per citizen) is considered an indicator of a country's (Spain) standard of living.

Another definition of GDP is gross domestic product of Spain is the set of all final goods and services produced in Spain for a year.

The GDP per capita in Spain is obtained dividing GDP by the number of inhabitants. It is useful to compare the welfare of the inhabitants of different countries, representing the value of goods and services produced by each of them.

Spain GDP per capita = Spain GDP /Spain number of inhabitants

The percentage change of GDP in Spain in a given period is the GDP growth rate and is a measure of economic growth.

In the tables and graphs of the top of the page we can see the Spain GDP evolution in 2012 , 2011, 2010 and previous years.

If you want to compare Spain GDP with GDP of other countries you can in: GDP