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 48,610,458 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 15 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 €32,375 euros per inhabitant$35,007 dollars per inhabitant.

The last annual rate of CPI published in Spain was on June of 2024 and it was 3.4%.

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 [+]2024Q17,832K
Annual GDP [+]2023€1,461,889M
Annual GDP [+]2023$1,580,695M
GDP per capita [+]2023€30,320
GDP per capita [+]2023$32,518
Quarterly GDP [+]2024Q1€380,710M
Debt (M.€.) [+]20231,573,754
Debt ($M) [+]20231,701,700
Debt (%GDP) [+]2023107.70%
Debt Per Capita [+]2023€32,375
Debt Per Capita [+]2023$35,007
Deficit (M.€) [+]2023-53,159
Deficit ($M) [+]2023-57,481
Deficit (%GDP) [+]2023-3.64%
Expenditure (M.€) [+]2023678,820.0
Expenditure ($M) [+]2023734,008.1
Education Expenditure (M.€) [+]202155,614.2
Education Expenditure ($M) [+]202165,777.2
Education Expenditure (%Bud.) [+]20219.18%
Gov. Health Exp. (M.€) [+]202297,057,671,000.0
Gov. Health Exp.($M) [+]2022102,201,727,563.0
Gov. Health Exp. (%Bud.) [+]202115.19%
Defence Expenditure (M.€) [+]202219,738.3
Defence Expenditure ($M) [+]202220,785.4
Defence Expenditure (%Bud.) [+]20223.14%
Expenditure (%GDP) [+]202346.40%
Expenditure Per Capita [+]2023€13,964
Expenditure Per Capita [+]2023$15,100
Education Expenditure P.C [+]2021€1,174
Education Expenditure P.C [+]2021$1,369
Gov. Health Exp. P.C. [+]2022€2,038
Gov. Health Exp. P.C. [+]2022$2,146
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 [+]May 202411.7%
Unemployment rate [+]2024Q112.3%
Unemployed [+]2024Q12,978K
NMW [+]2024$1,461.9
NMW [+]2024€1,323.0
Average Wage [+]2023$32,696
Average Wage [+]2023€30,237
Human Capital Ranking [+]201744º
Markets
US Dollar exchange rate [+]07/26/20240.9208
10-Year Bond Yield [+]07/26/20243.21%
Risk Premium [+]07/26/202481
Stock ExchangeYTD % [+]07/26/202410.53%
Prices
CPI (overall index) [+]June 20243.4%
HICP [+]June 20243.6%
PPI Year on Year [+]April 2024-6.6%
Money Market
Key rates [+]06/12/20244.25%
Business
Doing Business [+]202031º
IPI Year on Year [+]April 20241.1%
Passengers vehicles Year [+]June 2024979,331
Annual Vehicles/ 1,000 p. [+]June 202424.07
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$423,220.7M
Exports % GDP [+]202326.78%
Imports [+]2023€435,040.6M
Imports [+]2023$470,328.2M
Imports % GDP [+]202329.76%
Trade balance [+]2023€-43,500.6M
Trade balance [+]2023$-47,107.6M
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 ($M) [+]201710,692.0
% Immigrant [+]202014.44%
% Emigrant [+]20203.14%
Birth Rate [+]20236.70‰
Remittance sent ($M) [+]201717,874.0
Crude death rate [+]20239.00‰
Fertility Rate [+]20221.16
Crude marriage rate [+]20223.74‰
% risk of poverty [+]202320.2%
Population [+]202348,610,458
Immigrant stock [+]20206,842,202
Emigrant stock [+]20201,489,823
HDI [+]20210.905
Gender Gap Ranking [+]202318º
Life expectancy [+]202384.00
Suicides [+]20224,228
Suicide rate [+]20228.80
Number of homicides [+]2022290
Rate Homicides per 100.000 [+]20220.61
Energy and Environment
CO2 Tons per capita [+]20225.48
Annual crude oil production [+]20230
Crude Oil Reserves [+]2021150.0
Consumption GWh [+]2023244,970
Generation GWh [+]2023267,120
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 [+]07/19/20232,518.95
Doses administered [+]05/24/2023105,840,321