Balearic Islands Balearic Islands

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  • Capital: Palma
  • Population: 1,219,423
  • Surface Area: 4,992 km2
  • Current Government: PSOE

Balearic Islands, is a autonomous community of Spain, it has an area of 4,992 Km2, so it is one of the smallest autonomous communities in Spain.

Balearic Islands, with a population of 1,219,423 people, it is ranked at 12th position by population of 19 autonomous communities and it is a densely populated autonomous community, with 244 people per km2.

Balearic Islands is holding the 11 position by nominal GDP, it was worth 33,800 millions of euros33,800 millions of dollars in 2019, and the GDP per capita was €28,213$31,253.

Its debt in 2020 was 9,120 millions of euros10,417 millions of dollars, (29.9% debt-to-GDP ratio) and its public debt per capita was €7,479 euros per inhabitant$8,542 dollars per inhabitant.

The last annual rate of CPI published in Balearic Islands was on October of 2021 and it was 5.6%.

In the tables at the bottom of the page, you can see more information about the economy and demography of Balearic Islands, if you want to see information about other autonomous communities click economy of the autonomous communities of Spain

Palma: Monthly Temp.
Palma: Monthly Rainfall
Balearic Islands Economy
Gouvernement
Annual GDP [+]2019€33,800M
Annual GDP [+]2019$37,839M
GDP per capita [+]2019€28,213
GDP per capita [+]2019$31,253
Debt (M.€.) [+]20209,120
Debt ($M) [+]202010,417
Debt (%GDP) [+]202029.90%
Debt Per Capita [+]2020€7,479
Debt Per Capita [+]2020$8,542
Deficit (M.€) [+]202022
Deficit ($M) [+]202025
Deficit (%GDP) [+]20200.07%
S&P Rating [+]05/18/2018BBB+
Labour
Unemployment rate [+]2021Q310.6%
Unemployed [+]2021Q372K
Markets
US Dollar exchange rate [+]12/06/20210.8860
Prices
CPI (overall index) [+]October 20215.6%
PPI Year on Year [+]December 20170.6%
Money Market
Key rates [+]10/17/20170%
Business
Doing Business [+]201515º
Passengers vehicles Year [+]June 201910,433
Annual Vehicles/ 1,000 p. [+]May 201836.04
Taxes
Top tax rate + SSC [+]202047.5%
Trade
Annual arrivals [+]20201,721,123
Exports [+]2019€1,842.3M
Exports % GDP [+]20195.45%
Imports [+]2019€1,574.8M
Imports % GDP [+]20194.66%
Trade balance [+]2019€267.6M
Trade balance % GDP [+]20190.79%
Socio-Demography
Density [+]2020244
Crude divorce rate [+]20192.04‰
Birth Rate [+]20207.72‰
Crude death rate [+]20207.05‰
Fertility Rate [+]20201.11
Crude marriage rate [+]20202.42‰
% risk of poverty [+]202014.1%
Population [+]20201,219,423
HDI [+]20150.853
Life expectancy [+]202083.44
Suicides [+]202087
Suicide rate [+]20207.13
Others
COVID-19 - Deaths [+]12/02/20211,025
COVID-19 - Confirmed [+]12/02/2021106,848
Fully vaccinated [+]12/02/2021853,977
COVID-19 - Deaths per million population [+]12/02/2021840.56
Doses administered [+]12/02/20211,738,495

Resultados Electorales de Balearic Islands