Spain 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$1.62 trillion
↑ 12.00% vs 2022GDP per Capita
$33,509.01
↑ 10.64% vs 2022GDP Growth (Annual %)
2.68%
↓ 3.50pp vs 2022Inflation Rate (CPI %)
3.53%
↓ 4.86pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.45 trillion | $1.62 trillion | +12.00% |
| GDP per Capita | $30,287.37 | $33,509.01 | +10.64% |
| GDP Growth (Annual %) | 6.18% | 2.68% | -3.50pp |
| Inflation (CPI %) | 8.39% | 3.53% | -4.86pp |
| Unemployment Rate (%) | 12.92% | 12.18% | -0.74pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $1.62 trillion
- GDP per Capita
- $33,509.01
- GDP Growth (Annual %)
- 2.68%
- Gross National Income
- $1.61 trillion
Prices & Employment
- Inflation (CPI %)
- 3.53%
- Inflation (GDP Deflator %)
- 6.24%
- Unemployment Rate (%)
- 12.18%
- 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)
- 2.65%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Spain's Gross Domestic Product (GDP) is $1.62 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Spain for 2023 is $33,509.01. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Spain for 2023 is 3.53%. This measures the annual percentage change in the cost of consumer goods and services.
Spain's annual GDP growth rate for 2023 is 2.68%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Spain for 2023 is 12.18%. This represents the percentage of the labor force that is unemployed and actively seeking employment.