Economy of Spain. Statistics, Data and Indicators
Spain
| 62A- | Credit rank #43 |
| 174.92 | Quality of life #15 |
| 35 | Corruption rank#39 |
| 30 | Ease of doing business#30 |
Spain Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1398 USD Billion | 2022 |
| GDP Annual Growth Rate | 2.2 % | 2Q/23 |
| GDP Growth Rate | 0.5 % | 2Q/23 |
| GDP per capita | 27435 USD | 2022 |
| Inflation Rate YoY | 3.5 % | Sep/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Unemployment Rate | 11.6 % | 2Q/23 |
| Wages | 2263 EUR/Month | 2395.469 USD/Month | 2Q/23 |
| Balance of Trade | -4902585 EUR Thousand | -5.19 B USD | Jul/23 |
| Current Account | 4270 EUR Million | 4.52 B USD | Jul/23 |
| Foreign Exchange Reserves | 91198 EUR Million | 96.536 B USD | Aug/23 |
| Government Debt | 1568742912 EUR Thousand | 1660.573 B USD | 2Q/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1398 USD Billion | 2022 |
| GDP Annual Growth Rate | 2.2 % | 2Q/23 |
| GDP Growth Rate | 0.5 % | 2Q/23 |
| GDP per capita | 27435 USD | 2022 |
| GDP Constant Prices | 362400 EUR Million | 383.614 B USD | 2Q/23 |
| GDP per capita PPP | 39834 USD | 2022 |
| GDP From Agriculture | 8347 EUR Million | 8.836 B USD | 2Q/23 |
| GDP From Construction | 18436 EUR Million | 19.515 B USD | 2Q/23 |
| GDP From Manufacturing | 41000 EUR Million | 43.4 B USD | 2Q/23 |
| GDP From Public Administration | 56445 EUR Million | 59.749 B USD | 2Q/23 |
| GDP From Services | 248409 EUR Million | 262.95 B USD | 2Q/23 |
| GDP From Transport | 82563 EUR Million | 87.396 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 113 % | 2022 |
| Government Budget Value | -36313 EUR Million | -38.439 USD Billion | Aug/23 |
| Government Spending | 72357 EUR Million | 76.593 USD Billion | 2Q/23 |
| Government Debt | 1568742912 EUR Thousand | 1660.573 USD Billion | 2Q/23 |
| Government Budget to GDP | -4.8 % | 2022 |
| Government Spending to GDP | 47.8 % | 2022 |
| Military Expenditure | 20307 USD Million | 20.307 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 113 index points | Sep/23 |
| Export Prices | 110.3 index points | Aug/19 |
| Food Inflation | 10.52 % | Aug/23 |
| Gasoline Prices | 1.87 USD/Liter | Sep/23 |
| Import Prices | 107.1 index points | Aug/19 |
| Inflation Rate YoY | 3.5 % | Sep/23 |
| Producer Prices | 102.8 index points | Sep/19 |
| Inflation Rate Mom | 0.2 % | Sep/23 |
| Core Consumer Prices | 112 Index Points | Aug/23 |
| Core Inflation Rate | 5.8 % | Sep/23 |
| CPI Housing Utilities | 103 Index Points | Aug/23 |
| CPI Transportation | 114 Index Points | Aug/23 |
| Harmonised Consumer Prices | 121 Index Points | Sep/23 |
| Producer Prices Change | -3.3 % | Sep/19 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 0.6 % | 2022 |
| Weapons Sales | 950 USD Million | 2022 |
| Balance of Trade | -4902585 EUR Thousand | -5.19 USD Billion | Jul/23 |
| Capital Flows | 12228 EUR Million | 12.944 USD Billion | Jul/23 |
| Current Account | 4270 EUR Million | 4.52 USD Billion | Jul/23 |
| Exports | 19436300 EUR Thousand | Aug/19 |
| External Debt | 2373041920 EUR Thousand | 2511.953 USD Billion | Jun/23 |
| Foreign Exchange Reserves | 91198 EUR Million | 96.536 USD Billion | Aug/23 |
| Imports | 23421200 EUR Thousand | Aug/19 |
| Terms of Trade | 101 Index Points | Jul/23 |
| Tourism Revenues | 10775 EUR Million | 11.406 B USD | Jul/23 |
| Tourist Arrivals | 10132 Thousand Persons | 10.132 Million Persons | Jul/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 4.96 % | Jul/23 |
| Gold Reserves | 282 Tonnes | 2Q/23 |
| Interbank Rate | -0.38 % | Sep/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Loans to Private Sector | 451019 EUR Million | 477.42 USD Billion | Aug/23 |
| Money Supply M1 | 1288850 EUR Million | 1364.296 USD Billion | Aug/23 |
| Money Supply M2 | 1474306 EUR Million | 1560.608 USD Billion | Aug/23 |
| Money Supply M3 | 1538309 EUR Million | 1628.357 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 974223 EUR Million | 1031.251 B USD | Aug/23 |
| Foreign Direct Investment | -1041 EUR Million | -1.102 B USD | Jul/23 |
| Private Sector Credit | 1155486 EUR Million | 1223.125 B USD | Aug/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 1260 EUR/Month | 1333.757 USD/Month | 3Q/23 |
| Retirement Age Men | 66.17 | 2022 |
| Retirement Age Women | 66.17 | 2022 |
| Unemployment Rate | 11.6 % | 2Q/23 |
| Wages | 2263 EUR/Month | 2395.469 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 27 % | Jul/23 |
| Employed Persons | 21057 Thousand Person | 21.057 Million Person | 2Q/23 |
| Employment Change | 0 % | 2Q/23 |
| Employment Rate | 52.13 % | 2Q/23 |
| Full Time Employment | 18209 Thousand Person | 2Q/23 |
| Job Vacancies | 37.44 Thousand | Aug/23 |
| Labor Force Participation Rate | 58.97 % | 2Q/23 |
| Living Wage Family | 1150 EUR/Month | 1297.149 USD/Month | 2018 |
| Living Wage Individual | 855 EUR/Month | 964.402 USD/Month | 2018 |
| Long Term Unemployment Rate | 4.1 % | 2Q/23 |
| Part Time Employment | 2848 Thousand Persons | 2Q/23 |
| Unemployed Persons | 2703 Thousand Persons | 2.703 Million Persons | Aug/23 |
| Unemployment Change | 24.8 Thousand Persons | Aug/23 |
| Wages High Skilled | 1990 EUR/Month | 2244.631 USD/Month | 2018 |
| Wages Low Skilled | 932 EUR/Month | 1051.254 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 25 % | 2023 |
| Personal Income Tax Rate | 47 % | 2023 |
| Sales Tax Rate | 21 % | 2023 |
| Social Security Rate | 36.25 % | 2023 |
| Social Security Rate For Companies | 29.9 % | 2023 |
| Social Security Rate For Employees | 6.35 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1 BBL/D/1K | Feb/19 |
| Electricity Production | 23583 GWh | Jul/23 |
| Industrial Production | -1.8 % | Jul/23 |
| Mining Production | 32.8 % | Jul/23 |
| Steel Production | 891 Thousand Tonnes | Dec/20 |
| Car Production | 714 Hundred Units | 71.4 Units | Aug/23 |
| Factory Orders | -16.4 % | Mar/20 |
| Industrial Production (MoM) | 0.2 % | Jul/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 1546 companies | 2Q/23 |
| Business Confidence | -8.9 index points | Oct/19 |
| Corruption Index | 60 index points | 2022 |
| Corruption Rank | 35 place | 2022 |
| Ease of Doing Business | 30 place | 2019 |
| Manufacturing PMI | 46.5 index points | Aug/23 |
| Manufacturing Production | 0.25 % | Jul/23 |
| Services PMI | 49.3 index points | Aug/23 |
| Competitiveness Index | 75.28 Index Points | 2019 |
| Competitiveness Rank | 23 | 2019 |
| Total Vehicle Sales | 55957 Units | 0.056 M Units | Aug/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 94.4 index points | Jul/23 |
| Private Debt To GDP | 190 % | 2022 |
| Retail Sales MoM | 0.4 % | Aug/23 |
| Retail Sales YoY | 7.2 % | Aug/23 |
| Consumer Credit | 645092672 EUR Thousand | 682.855 USD Billion | 2Q/23 |
| Consumer Spending | 197495 EUR Million | 209.056 USD Billion | 2Q/23 |
| Disposable Personal Income | 296504 EUR Million | 313.86 B USD | 2Q/23 |
| Households Debt To GDP | 51.1 % | 1Q/23 |
| Households Debt To Income | 89.52 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 7 % | Jul/23 |
| Existing Home Sales | 40.04 Thousand | Jul/23 |
| New Home Sales | 8.27 Thousand units | 0.008 K Units | Jul/23 |
