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 2022 was 1,502,804 millions of euros (1,583,451 millions of dollars), ( 111.6% debt-to-GDP ratio) and its public debt per capita is €31,277 euros per inhabitant$32,956 dollars per inhabitant.

The last annual rate of CPI published in Spain was on February of 2024 and it was 2.8%.

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 [+]2023Q47,496K
Annual GDP [+]2023€1,462,070M
Annual GDP [+]2022$1,418,920M
GDP per capita [+]2023€30,320
GDP per capita [+]2022$29,800
Quarterly GDP [+]2023Q4€375,161M
Debt (M.€.) [+]20221,502,804
Debt ($M) [+]20221,583,451
Debt (%GDP) [+]2022111.60%
Debt Per Capita [+]2022€31,277
Debt Per Capita [+]2022$32,956
Deficit (M.€) [+]2022-63,736
Deficit ($M) [+]2022-67,212
Deficit (%GDP) [+]2022-4.73%
Expenditure (M.€) [+]2022637,831.0
Expenditure ($M) [+]2022668,471.5
Education Expenditure (M.€) [+]201850,340.2
Education Expenditure ($M) [+]201859,476.6
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$1,273
Gov. Health Exp. P.C. [+]2022€2,042
Gov. Health Exp. P.C. [+]2022$2,150
Defence Expenditure P.C. [+]2022€415
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 [+]January 202411.6%
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 [+]03/18/20240.9181
10-Year Bond Yield [+]03/19/20243.24%
Risk Premium [+]03/19/202479
Stock ExchangeYTD % [+]03/18/20244.90%
Prices
CPI (overall index) [+]February 20242.8%
HICP [+]February 20242.9%
PPI Year on Year [+]January 2024-3.9%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202031º
IPI Year on Year [+]January 20240%
Passengers vehicles Year [+]February 2024961,359
Annual Vehicles/ 1,000 p. [+]February 202423.60
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$387,523.1M
Exports % GDP [+]202229.33%
Imports [+]2023€435,040.6M
Imports [+]2023$432,151.4M
Imports % GDP [+]202234.90%
Trade balance [+]2023€-43,500.6M
Trade balance [+]2023$-46,880.1M
Trade balance % GDP [+]2022-5.57%
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 [+]20214,003
Suicide rate [+]20218.40
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