• Capital: Palma
  • Population: 1,252,595
  • Surface Area: 4,992 km2
  • Current Government: PP

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 1,252,595 people, it is ranked at 12th position by population of 19 autonomous communities and it is a densely populated autonomous community, with 251 people per km2.

Balearic Islands is holding the 11 position by nominal GDP, it was worth 44,693 millions of euros44,693 millions of dollars in 2024, and the GDP per capita was €36,093$38,858.

Its debt in 2024 was 8,426 millions of euros9,121 millions of dollars, (18.9% debt-to-GDP ratio) and its public debt per capita was €6,769 euros per inhabitant$7,326 dollars per inhabitant.

The last annual rate of CPI published in Balearic Islands was on December of 2025 and it was 2.9%.

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
GDP Growth (%) [+]20244.2%
Annual GDP [+]2024€44,693M
Annual GDP [+]2024$48,375M
GDP per capita [+]2024€36,093
GDP per capita [+]2024$38,858
Debt (M.€.) [+]20248,426
Debt ($M) [+]20249,121
Debt (%GDP) [+]202418.90%
Debt Per Capita [+]2024€6,769
Debt Per Capita [+]2024$7,326
Deficit (M.€) [+]2024101
Deficit ($M) [+]2024109
Deficit (%GDP) [+]20240.23%
S&P Rating [+]05/18/2018BBB+
Labour
Unemployment rate [+]2025Q35.8%
Unemployed [+]2025Q341K
Markets
US Dollar exchange rate [+]01/22/20260.8543
Prices
CPI (overall index) [+]December 20252.9%
PPI Year on Year [+]November 2025-11.7%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]201515º
IPI Year on Year [+]November 20251.1%
Passengers vehicles Year [+]December 202525,642
Annual Vehicles/ 1,000 p. [+]May 201836.04
Taxes
Top tax rate + SSC [+]202449.3%
Trade
Annual arrivals [+]202415,306,313
Exports [+]2019€1,842.3M
Exports [+]2019$2,062.5M
Exports % GDP [+]20195.36%
Imports [+]2019€1,574.8M
Imports [+]2019$1,762.9M
Imports % GDP [+]20194.58%
Trade balance [+]2019€267.6M
Trade balance [+]2019$299.5M
Trade balance % GDP [+]20190.78%
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Density [+]2025251
Crude divorce rate [+]20241.92‰
Birth Rate [+]20247.31‰
Crude death rate [+]20247.25‰
Fertility Rate [+]20241.08
Crude marriage rate [+]20244.97‰
% risk of poverty [+]202411.3%
Population [+]20251,252,595
HDI [+]20150.853
Life expectancy [+]202483.46
Suicides [+]202087
Suicide rate [+]20207.13
Others
COVID-19 - Deaths [+]07/04/20231,662
COVID-19 - Confirmed [+]05/31/2023317,028
Fully vaccinated [+]05/24/2023915,376
COVID-19 - Deaths per million population [+]07/04/20231,357.83
Doses administered [+]05/24/20232,230,472

Resultados Electorales de Balearic Islands