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Macro

Spain

Europe & Central Asia · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 10.4%
Current prices2025
1,904USD bn
GDP per capita▲ 8.9%
Current prices2025
38,290USD
Real GDP growth▼ 0.7 pp
Annual change2025
2.8%
Inflation▼ 0.2 pp
Average consumer prices2025
2.7%
Unemployment▼ 0.8 pp
Rate2025
10.5%
Government debt▼ 1.2 pp
General government, gross2025
100.4% of GDP
Current account▼ 0.3 pp
Balance2025
2.9% of GDP
Population▲ 1.3%
Total2025
49.72million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-10.90.06.71995: 4.1%1996: 2.4%1997: 3.9%1998: 4.5%1999: 4.7%2000: 5.1%2001: 3.9%2002: 2.8%2003: 2.9%2004: 3.1%2005: 3.6%2006: 4.0%2007: 3.5%2008: 0.8%2009: -3.8%2010: 0.1%2011: -0.6%2012: -2.9%2013: -1.4%2014: 1.5%2015: 4.1%2016: 2.9%2017: 2.9%2018: 2.4%2019: 2.0%2020: -10.9%2021: 6.7%2022: 6.4%2023: 2.5%2024: 3.5%2025: 2.8%2026: 2.1% (IMF projection)2027: 1.8% (IMF projection)2028: 1.8% (IMF projection)2029: 1.7% (IMF projection)2030: 1.7% (IMF projection)2031: 1.7% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-0.60.08.31995: 4.7%1996: 3.6%1997: 1.9%1998: 1.8%1999: 2.2%2000: 3.5%2001: 2.8%2002: 3.6%2003: 3.1%2004: 3.1%2005: 3.4%2006: 3.6%2007: 2.8%2008: 4.1%2009: -0.2%2010: 2.0%2011: 3.1%2012: 2.4%2013: 1.5%2014: -0.2%2015: -0.6%2016: -0.3%2017: 2.0%2018: 1.7%2019: 0.8%2020: -0.3%2021: 3.0%2022: 8.3%2023: 3.4%2024: 2.9%2025: 2.7%2026: 3.0% (IMF projection)2027: 2.3% (IMF projection)2028: 2.5% (IMF projection)2029: 2.0% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %6.76.42.53.52.82.11.81.81.71.7
Inflation, average consumer prices %3.08.33.42.92.73.02.32.52.02.0
Unemployment rate %14.913.012.211.310.59.89.89.99.910.0
GDP, current prices USD bn1,4621,4501,6201,7251,9042,0912,1872,2852,3762,472
GDP per capita, current prices USD30,79230,15533,31335,15138,29041,56343,00844,54245,96847,539
GDP per capita, PPP Int. USD44,02549,53652,04554,67557,03459,18760,95062,52464,23666,114
General government gross debt % of GDP115.6109.2105.1101.6100.498.296.294.292.991.7
General government net lending/borrowing % of GDP-6.7-4.6-3.3-3.2-2.5-2.1-2.3-2.2-2.2-2.2
Current account balance % of GDP0.80.42.73.22.92.21.91.71.51.5
Population million47.4948.0948.6349.0849.7250.3150.8451.2951.6852.00

Government debt, % of GDP

General government gross debt
0.01192000: 58%2001: 54%2002: 51%2003: 48%2004: 45%2005: 42%2006: 39%2007: 36%2008: 40%2009: 53%2010: 60%2011: 70%2012: 90%2013: 100%2014: 104%2015: 102%2016: 102%2017: 101%2018: 100%2019: 98%2020: 119%2021: 116%2022: 109%2023: 105%2024: 102%2025: 100%2026: 98% (IMF projection)2027: 96% (IMF projection)2028: 94% (IMF projection)2029: 93% (IMF projection)2030: 92% (IMF projection)2031: 90% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-9.40.03.22000: -4.2%2001: -4.3%2002: -3.7%2003: -3.8%2004: -5.4%2005: -7.2%2006: -8.8%2007: -9.4%2008: -8.8%2009: -4.0%2010: -3.6%2011: -2.6%2012: 0.2%2013: 2.1%2014: 1.8%2015: 2.0%2016: 3.1%2017: 2.8%2018: 1.9%2019: 2.1%2020: 0.8%2021: 0.8%2022: 0.4%2023: 2.7%2024: 3.2%2025: 2.9%2026: 2.2% (IMF projection)2027: 1.9% (IMF projection)2028: 1.7% (IMF projection)2029: 1.5% (IMF projection)2030: 1.5% (IMF projection)2031: 1.5% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
19953.928.416.360.3
20052.827.113.559.9
20152.719.911.068.2
20252.719.610.668.4

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method37,120USD2025+29.3%
GNI, Atlas method1,832USD bn2025+37.5%
Exports of goods and services36.6% of GDP2025+3.3 pp
Imports of goods and services32.8% of GDP2025+2.5 pp
Life expectancy at birth83.9years2024+0.8%
Urban population80.5% of total2025+1.3 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)