Spain Economic Statistics and Indicators

26, Apr 2015, EDT. Welcome to the Spain economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Spain › Change country
National or Regional Currency: Euro, EUR
Year of data: 2014 › Change year
Number of Indicators Listed: 42
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 47,737,941 (July 2014 est.)
Area: total: 505,370 sq km ; land: 498,980 sq km ; water: 6,390 sq km ; note: there are two autonomous cities - Ceuta and Melilla - and 17 autonomous communities including Balearic Islands and Canary Islands, and three small Spanish possessions off the coast of Morocco - Islas Chafarinas, Penon de Alhucemas, and Penon de Velez de la Gomera
Natural Resources: coal, lignite, iron ore, copper, lead, zinc, uranium, tungsten, mercury, pyrites, magnesite, fluorspar, gypsum, sepiolite, kaolin, potash, hydropower, arable land
Capital: name: Madrid ; geographic coordinates: 40 24 N, 3 41 W ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October ; note: Spain has two time zones including the Canary Islands

Spain experienced a prolonged recession in the wake of the global financial crisis. GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. Economic growth resumed in late 2013, albeit only modestly, as credit contraction in the private sector, fiscal austerity, and high unemployment continued to weigh on domestic consumption and investment. Exports, however, have been resilient throughout the economic downturn, partially offsetting declines in domestic consumption and helped to bring Spain's current account into surplus in 2013 for the first time since 1986. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, straining Spain's public finances as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2009. Spain gradually reduced the deficit to just under 7% of GDP in 2013, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to 93.4% in 2013. Rising labor productivity, moderating labor costs, and lower inflation have helped to improve foreign investor interest in the economy and to reduce government borrowing costs. The government's ongoing efforts to implement reforms - labor, pension, health, tax, and education - are aimed at supporting investor sentiment. The government also has shored up struggling banks exposed to Spain's depressed domestic construction and real estate sectors by successfully completing an EU-funded restructuring and recapitalization program in December 2013.
More on the Spain Economy
More on the Spain Export, Import and Trade

Economic Indicator Listing
  For Spain in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.312 %
GDP (Current Prices, National Currency)EUR 1,033.95 Billion.
GDP (Current Prices, US Dollars)US$ 1,400.48 Billion
GDP Deflator 100.565 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)EUR 22,107.19 .
GDP Per Capita (Current Prices, National Currency)EUR 22,232.13 .
GDP Per Capita (Current Prices, US Dollars)US$ 30,113.31
Output Gap, Percent of Potential GDP -4.989 %
GDP (PPP), US DollarsUS$ 1,533.59 Billion
GDP Per Capita (PPP), US DollarsUS$ 32,975.38
GDP Share of World Total (PPP) 1.433 %
Implied PPP Conversion Rate 0.674
Investment (% of GDP) 18.012 %
Gross National Savings (% of GDP) 18.112 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 120.966 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -0.029 %
Inflation, End of Year (Indexed to Year 2000) 121.657 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 0.005 %
Import Volume of All Items Including Goods and Services (Percent Change) 4.247 %
Import Volumes of Goods Only (Percent Change) 3.486 %
Export Volume of All Items Including Goods and Services (Percent Change) 4.121 %
Export Volumes of Goods Only (Percent Change) 2.978 %
Unemployment Rate (% of Labour Force) 24.642 %
Employment 17.248 Million
Population 46.507 Million
General government revenue (National Currency)EUR 394.55 Billions.
General government revenue (% of GDP) 38.159 %
General government total expenditure (National Currency)EUR 453.793 Billions.
General government total expenditure (% of GDP) 43.889 %
Total Government Net Lending/ Borrowing (National Currency)EUR -59.243 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -5.73 %
General Government Structural Balance (National Currency)EUR -36.548 Billion.
General Government Structural Balance (% Potential GDP) -3.358 %
Fiscal Year Gross Domestic Product, Current PricesEUR 1,033.95 Billions.
Current Account Balance (US Dollars)US$ 1.397 Billion
Current Account Balance (% GDP) 0.1 %
Economic Indicators for Spain 2014

GDP (Constant Prices, National Currency) for Spain in year 2014 is EUR 1,028.14 Billion.

GDP Growth (Constant Prices, National Currency) for Spain in year 2014 is 1.312 %.

GDP (Current Prices, National Currency) for Spain in year 2014 is EUR 1,033.95 Billion.

GDP (Current Prices, US Dollars) for Spain in year 2014 is US$ 1,400.48 Billion.

GDP Deflator for Spain in year 2014 is 100.565 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Spain in year 2014 is EUR 22,107.19 .

GDP Per Capita (Current Prices, National Currency) for Spain in year 2014 is EUR 22,232.13 .

GDP Per Capita (Current Prices, US Dollars) for Spain in year 2014 is US$ 30,113.31 .

Output Gap, Percent of Potential GDP for Spain in year 2014 is -4.989 %.

GDP (PPP), US Dollars for Spain in year 2014 is US$ 1,533.59 Billion.

GDP Per Capita (PPP), US Dollars for Spain in year 2014 is US$ 32,975.38 .

GDP Share of World Total (PPP) for Spain in year 2014 is 1.433 %.

Implied PPP Conversion Rate for Spain in year 2014 is 0.674 .

Investment (% of GDP) for Spain in year 2014 is 18.012 %.

Gross National Savings (% of GDP) for Spain in year 2014 is 18.112 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Spain in year 2014 is 120.966 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Spain in year 2014 is -0.029 %.

Inflation, End of Year (Indexed to Year 2000) for Spain in year 2014 is 121.657 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Spain in year 2014 is 0.005 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Spain in year 2014 is 4.247 %.

Import Volumes of Goods Only (Percent Change) for Spain in year 2014 is 3.486 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Spain in year 2014 is 4.121 %.

Export Volumes of Goods Only (Percent Change) for Spain in year 2014 is 2.978 %.

Unemployment Rate (% of Labour Force) for Spain in year 2014 is 24.642 %.

Employment for Spain in year 2014 is 17.248 Million .

Population for Spain in year 2014 is 46.507 Million .

General government revenue (National Currency) for Spain in year 2014 is EUR 394.55 Billions.

General government revenue (% of GDP) for Spain in year 2014 is 38.159 %.

General government total expenditure (National Currency) for Spain in year 2014 is EUR 453.793 Billions.

General government total expenditure (% of GDP) for Spain in year 2014 is 43.889 %.

Total Government Net Lending/ Borrowing (National Currency) for Spain in year 2014 is EUR -59.243 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Spain in year 2014 is -5.73 %.

General Government Structural Balance (National Currency) for Spain in year 2014 is EUR -36.548 Billion.

General Government Structural Balance (% Potential GDP) for Spain in year 2014 is -3.358 %.

Fiscal Year Gross Domestic Product, Current Prices for Spain in year 2014 is EUR 1,033.95 Billions.

Current Account Balance (US Dollars) for Spain in year 2014 is US$ 1.397 Billion.

Current Account Balance (% GDP) for Spain in year 2014 is 0.1 %.

* Source: IMF
Aggregate Indicators for Spain
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Spain
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Spain
  Natural Resources, Agricultural Products, Land Use and Water Use for Spain
  Nationality, Ethnic Groups, Languages and Religions for Spain
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Spain
  Age Structure, Median Age, Gender and Urbanization for Spain
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Spain
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Spain
  HIV, AIDS and Other Major Infectious Disease Rates for Spain
  Literacy Rate, Educational Expenditure and School Life Expectancy for Spain
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Spain
  Industries and Industrial Growth Production Rate for Spain
  Labor Force by Occupation for Spain
  Poverty Line, Gini Index, Household Income and Consumption for Spain
  National Budget and Public Debt for Spain
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Spain
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Spain
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Spain
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Spain
  Foreign Exchange Reserves and Gold Reserves for Spain
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Spain
  Exchange Rate Statistics for Spain
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Spain
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Spain
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Spain
  Television and Radio Statistics (TV Stats, Radio Stats) for Spain
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Spain
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Spain
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Spain
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Spain
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Spain
* Source: CIA
Internet Indicators for Spain
Indicators
  Number of Internet Users for Spain
  Internet Penetration Rate for Spain
  Number of Facebook Accounts for Spain
  Facebook Penetration Rate for Spain
* Source: IWS
Economic Freedom Indicators for Spain
Indicators
  Economic Freedom World Rank for Spain
  Economic Freedom Regional Ranking for Spain
  Business Freedom for Spain
  Trade Freedom for Spain
  Fiscal Freedom for Spain
  Government Spending for Spain
  Monetary Freedom for Spain
  Investment Freedom for Spain
  Financial Freedom for Spain
  Property Rights for Spain
  Freedom from Corruption for Spain
  Labor Freedom for Spain
  Tariff Rate for Spain
  Income Tax Rate for Spain
  Corporate Tax Rate for Spain
  Tax Burden % of GDP for Spain
  Government Expenditure % of GDP for Spain
* Source: HFO
Corruption Perceptions Index Rank and Score for Spain
Indicator
  Corruption Perceptions Index Rank and Score for Spain
* Source: TIO
Spain Economic Indicators in other Years
  Spain Economic Indicators for Year 2019 (Forecast)
  Spain Economic Indicators for Year 2018 (Forecast)
  Spain Economic Indicators for Year 2017 (Forecast)
  Spain Economic Indicators for Year 2016 (Forecast)
  Spain Economic Indicators for Year 2015 (Forecast)
Spain Economic Indicators for Year 2014 (Current)
  Spain Economic Indicators for Year 2013
  Spain Economic Indicators for Year 2012
  Spain Economic Indicators for Year 2011
  Spain Economic Indicators for Year 2010
  Spain Economic Indicators for Year 2009
  Spain Economic Indicators for Year 2008
  Spain Economic Indicators for Year 2007
  Spain Economic Indicators for Year 2006
  Spain Economic Indicators for Year 2005
  Spain Economic Indicators for Year 2004
  Spain Economic Indicators for Year 2003
  Spain Economic Indicators for Year 2002
  Spain Economic Indicators for Year 2001
  Spain Economic Indicators for Year 2000
  Spain Economic Indicators for Year 1999
  Spain Economic Indicators for Year 1998
  Spain Economic Indicators for Year 1997
  Spain Economic Indicators for Year 1996
  Spain Economic Indicators for Year 1995
  Spain Economic Indicators for Year 1994
  Spain Economic Indicators for Year 1993
  Spain Economic Indicators for Year 1992
  Spain Economic Indicators for Year 1991
  Spain Economic Indicators for Year 1990
  Spain Economic Indicators for Year 1989
  Spain Economic Indicators for Year 1988
  Spain Economic Indicators for Year 1987
  Spain Economic Indicators for Year 1986
  Spain Economic Indicators for Year 1985
  Spain Economic Indicators for Year 1984
  Spain Economic Indicators for Year 1983
  Spain Economic Indicators for Year 1982
  Spain Economic Indicators for Year 1981
  Spain Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International