Spain 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$1.29 trillion
↓ 8.10% vs 2019GDP per Capita
$27,230.36
↓ 8.55% vs 2019GDP Growth (Annual %)
-10.94%
↓ 12.90pp vs 2019Inflation Rate (CPI %)
-0.32%
↓ 1.02pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.40 trillion | $1.29 trillion | -8.10% |
| GDP per Capita | $29,776.20 | $27,230.36 | -8.55% |
| GDP Growth (Annual %) | 1.96% | -10.94% | -12.90pp |
| Inflation (CPI %) | 0.70% | -0.32% | -1.02pp |
| Unemployment Rate (%) | 14.10% | 15.53% | +1.43pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $1.29 trillion
- GDP per Capita
- $27,230.36
- GDP Growth (Annual %)
- -10.94%
- Gross National Income
- $1.28 trillion
Prices & Employment
- Inflation (CPI %)
- -0.32%
- Inflation (GDP Deflator %)
- 1.13%
- Unemployment Rate (%)
- 15.53%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 0.82%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Spain's Gross Domestic Product (GDP) is $1.29 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Spain for 2020 is $27,230.36. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Spain for 2020 is -0.32%. This measures the annual percentage change in the cost of consumer goods and services.
Spain's annual GDP growth rate for 2020 is -10.94%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Spain for 2020 is 15.53%. This represents the percentage of the labor force that is unemployed and actively seeking employment.