Spain Spain

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Spain, is a country located at Southern Europe, it has an area of 505,970 Km2.

Spain, with a population of 48,592,909 people, it is ranked at 30º position by population of 196 countries and it has a moderate population density, 96 people per km2.

It's capital is Madrid and its currency is Euros

Spain is holding the 14 position by nominal GDP. Its national debt in 2023 was 1,573,754 millions of euros (1,701,700 millions of dollars), ( 107.7% debt-to-GDP ratio) and its public debt per capita is €32,386 euros per inhabitant$35,020 dollars per inhabitant.

The last annual rate of CPI published in Spain was on March of 2024 and it was 3.2%.

In terms of the human development index (HDI) of Spain, which is the index used by the United Nations to measure the progress of a country, was 0.905 points in 2021, leaving it in 27th place in the table of 191 countries published.

If the reason to visit Spain are business, you must know it's in the 31th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Spain, if you want to see information about other countries click here

Madrid: Monthly Temp.
Madrid: Monthly Rainfall
Spain Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q47,715K
Annual GDP [+]2023€1,461,889M
Annual GDP [+]2023$1,580,741M
GDP per capita [+]2023€30,320
GDP per capita [+]2023$32,530
Quarterly GDP [+]2023Q4€374,877M
Debt (M.€.) [+]20231,573,754
Debt ($M) [+]20231,701,700
Debt (%GDP) [+]2023107.70%
Debt Per Capita [+]2023€32,386
Debt Per Capita [+]2023$35,020
Deficit (M.€) [+]2023-53,159
Deficit ($M) [+]2023-57,481
Deficit (%GDP) [+]2023-3.64%
Expenditure (M.€) [+]2022637,831.0
Expenditure ($M) [+]2022668,471.5
Education Expenditure (M.€) [+]201850,340.2
Education Expenditure ($M) [+]201859,446.8
Education Expenditure (%Bud.) [+]201810.03%
Gov. Health Exp. (M.€) [+]202296,844,457,000.0
Gov. Health Exp.($M) [+]2022101,977,213,221.0
Gov. Health Exp. (%Bud.) [+]201715.28%
Defence Expenditure (M.€) [+]202219,738.3
Defence Expenditure ($M) [+]202220,801.8
Defence Expenditure (%Bud.) [+]20223.14%
Expenditure (%GDP) [+]202247.40%
Expenditure Per Capita [+]2022€13,275
Expenditure Per Capita [+]2022$13,913
Education Expenditure P.C [+]2018€1,077
Education Expenditure P.C [+]2018$1,272
Gov. Health Exp. P.C. [+]2022€2,042
Gov. Health Exp. P.C. [+]2022$2,150
Defence Expenditure P.C. [+]2022€413
Defence Expenditure P.C. [+]2022$437
Moody's Rating [+]03/15/2024Baa1
S&P Rating [+]03/18/2022A
Fitch Rating [+]12/13/2019A-
Corruption Index [+]202260
Competitiveness Ranking [+]201923º
Fragile States Index [+]201841.4
RTI Raking [+]202294º
Innovation Ranking [+]201828º
Labour
Unemployment Rate [+]February 202411.5%
Unemployment rate [+]2023Q411.8%
Unemployed [+]2023Q42,831K
NMW [+]2024$1,461.9
NMW [+]2024€1,323.0
Average Wage [+]2022$29,863
Average Wage [+]2022€28,360
Human Capital Ranking [+]201744º
Markets
US Dollar exchange rate [+]04/17/20240.9400
10-Year Bond Yield [+]04/18/20243.31%
Risk Premium [+]04/18/202482
Stock ExchangeYTD % [+]04/17/20245.26%
Prices
CPI (overall index) [+]March 20243.2%
HICP [+]March 20243.3%
PPI Year on Year [+]February 2024-8.2%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202031º
IPI Year on Year [+]February 20243.5%
Passengers vehicles Year [+]March 2024956,675
Annual Vehicles/ 1,000 p. [+]March 202423.38
Motor vehicle production [+]20222,219,462
Vehicles / 1,000 people [+]2021629.13
Taxes
Tax Revenue (%GDP) [+]202238.0%
Standard VAT [+]09/01/201221.00%
Top tax rate + SSC [+]202245.0%
Trade
Annual arrivals [+]202385,169,050
Exports [+]2023€391,540.0M
Exports [+]2023$423,372.2M
Exports % GDP [+]202326.78%
Imports [+]2023€435,040.6M
Imports [+]2023$470,409.4M
Imports % GDP [+]202329.76%
Trade balance [+]2023€-43,500.6M
Trade balance [+]2023$-47,037.2M
Trade balance % GDP [+]2023-2.98%
Retail Sales YoY [+]December 20233.4%
Socio-Demography
Global AgeWatch Ranking [+]201525º
Density [+]202396
Global Peace Ranking [+]202332º
Crude divorce rate [+]20221.70‰
Remittance received ($M) [+]201710,692.0
% Immigrant [+]202014.44%
% Emigrant [+]20203.14%
Birth Rate [+]20226.88‰
Remittance sent ($M) [+]201717,874.0
Crude death rate [+]20229.67‰
Fertility Rate [+]20221.16
Crude marriage rate [+]20223.74‰
% risk of poverty [+]202320.2%
Population [+]202348,592,909
Immigrant stock [+]20206,842,202
Emigrant stock [+]20201,489,823
HDI [+]20210.905
Gender Gap Ranking [+]202318º
Life expectancy [+]202283.08
Suicides [+]20224,228
Suicide rate [+]20228.80
Number of homicides [+]2022325
Rate Homicides per 100.000 [+]20220.68
Energy and Environment
CO2 Tons per capita [+]20214.99
Annual crude oil production [+]20220
Crude Oil Reserves [+]2021150.0
Consumption GWh [+]2023244,665
Generation GWh [+]2023266,807
Others
COVID-19 - Deaths [+]07/19/2023121,852
COVID-19 - Confirmed [+]07/19/202313,980,340
Fully vaccinated [+]05/24/202340,739,123
COVID-19 - Deaths per million population [+]07/19/20232,518.99
Doses administered [+]05/24/2023105,840,321