Spain
- Capital
- Madrid
- Region
- Europe & Central Asia
- Income group
- High income
- Population
- 49.4 million (2025)
Spain uses the euro: its interest rates are set by the European Central Bank. Monthly figures for the euro area are on the economy dashboard.
At a glance
- Prices in Spain rose 2.7% in 2025, close to the middle of the range worldwide.
- Spain's economy grew 2.8% in 2025, close to the middle of the range worldwide.
- Output per person in Spain was US$38,627 in 2025, higher than in most countries.
- 10.4% of Spain's labour force had no job in 2025, a higher share than in most countries.
- Spain's central government owed 105.6% of GDP in 2024, more than in most countries with data.
- Spain had 49.4 million people in 2025: about 0.6% of everyone on Earth, the 32nd largest population of 217 countries and territories.
- Spain had a current account surplus of 3.0% of GDP in 2025, higher than in most countries.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2000
Show the numbers
| Year | Spain | World median |
|---|---|---|
| 2025 | 2.7% | 3.0% |
| 2024 | 2.8% | 3.0% |
| 2023 | 3.5% | 5.7% |
| 2022 | 8.4% | 8.0% |
| 2021 | 3.1% | 3.5% |
| 2020 | −0.3% | 1.9% |
| 2019 | 0.7% | 2.2% |
| 2018 | 1.7% | 2.5% |
| 2017 | 2.0% | 2.3% |
| 2016 | −0.2% | 1.6% |
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Spain | World median |
|---|---|---|
| 2025 | 2.8% | 3.4% |
| 2024 | 3.5% | 3.4% |
| 2023 | 2.5% | 3.2% |
| 2022 | 6.4% | 4.3% |
| 2021 | 6.7% | 5.1% |
| 2020 | −10.9% | −3.8% |
| 2019 | 2.0% | 2.8% |
| 2018 | 2.4% | 3.2% |
| 2017 | 2.9% | 3.3% |
| 2016 | 2.9% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Spain | World median |
|---|---|---|
| 2025 | US$38,627 | US$7,882 |
| 2024 | US$35,327 | US$7,853 |
| 2023 | US$33,493 | US$7,862 |
| 2022 | US$30,319 | US$7,656 |
| 2021 | US$30,799 | US$7,269 |
| 2020 | US$27,234 | US$6,433 |
| 2019 | US$29,787 | US$7,037 |
| 2018 | US$30,602 | US$6,978 |
| 2017 | US$28,381 | US$6,548 |
| 2016 | US$26,756 | US$5,982 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Spain | World median |
|---|---|---|
| 2025 | 10.4% | 5.1% |
| 2024 | 11.4% | 5.1% |
| 2023 | 12.2% | 5.2% |
| 2022 | 13.0% | 5.3% |
| 2021 | 14.9% | 6.0% |
| 2020 | 15.5% | 6.4% |
| 2019 | 14.1% | 5.4% |
| 2018 | 15.3% | 5.4% |
| 2017 | 17.2% | 5.6% |
| 2016 | 19.6% | 5.9% |
Government debt
2024Central government debt, % of GDP
Since 2000
Show the numbers
| Year | Spain | World median |
|---|---|---|
| 2024 | 105.6% | 53.2% |
| 2023 | 107.4% | 60.7% |
| 2022 | 109.0% | 55.6% |
| 2021 | 132.6% | 58.8% |
| 2020 | 139.0% | 64.3% |
| 2019 | 111.3% | 49.2% |
| 2018 | 107.2% | 47.3% |
| 2017 | 106.6% | 51.2% |
| 2016 | 106.0% | 50.2% |
| 2015 | 104.5% | 49.4% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Spain |
|---|---|
| 2025 | 49.4 million |
| 2024 | 48.8 million |
| 2023 | 48.4 million |
| 2022 | 47.8 million |
| 2021 | 47.4 million |
| 2020 | 47.4 million |
| 2019 | 47.1 million |
| 2018 | 46.8 million |
| 2017 | 46.6 million |
| 2016 | 46.5 million |
Current account balance, % of GDP
Since 2000
Show the numbers
| Year | Spain | World median |
|---|---|---|
| 2025 | 3.0% | −0.8% |
| 2024 | 3.2% | −1.3% |
| 2023 | 2.7% | −1.2% |
| 2022 | 0.4% | −3.0% |
| 2021 | 0.8% | −2.4% |
| 2020 | 0.8% | −1.7% |
| 2019 | 2.1% | −2.1% |
| 2018 | 1.9% | −2.9% |
| 2017 | 2.8% | −2.1% |
| 2016 | 3.2% | −2.8% |
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Spain since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.