Spain 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$1.67 trillion
↑ 2.95% vs 2023GDP per Capita
$34,496.51
↑ 2.95% vs 2023GDP Growth (Annual %)
2.95%
↑ 0.27pp vs 2023Inflation Rate (CPI %)
2.77%
↓ 0.76pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.62 trillion | $1.67 trillion | +2.95% |
| GDP per Capita | $33,509.01 | $34,496.51 | +2.95% |
| GDP Growth (Annual %) | 2.68% | 2.95% | +0.27pp |
| Inflation (CPI %) | 3.53% | 2.77% | -0.76pp |
| Unemployment Rate (%) | 12.18% | 11.39% | -0.79pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $1.67 trillion
- GDP per Capita
- $34,496.51
- GDP Growth (Annual %)
- 2.95%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 2.77%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 11.39%
- 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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Spain's Gross Domestic Product (GDP) is $1.67 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Spain for 2024 is $34,496.51. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Spain for 2024 is 2.77%. This measures the annual percentage change in the cost of consumer goods and services.
Spain's annual GDP growth rate for 2024 is 2.95%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Spain for 2024 is 11.39%. This represents the percentage of the labor force that is unemployed and actively seeking employment.