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GDP and growth

📈 GDP and growth

Gross domestic product measures everything the economy produces. To see whether the country is genuinely getting richer, it is shown here per inhabitant (otherwise it grows simply by adding population) and adjusted for inflation, in 2025 euros.

34,237 €
Change: +1.6 % in 2025, in 2025 euros · real, vs previous year

Trend · €

34,236.9 23,290.8
1995 2025
2.6%
real year-on-year, 2026-T2

Trend · percent

19.8 -9.1
2020-Q3 2026-Q2
GDP per inhabitant, annual rate Eurostat: See the source profile
35,034 €
latest quarter (2026-T2) multiplied by four · total GDP €432bn in the quarter

Trend · €

35,034.2 25,440.5
2016-Q3 2026-Q2
Living standards vs the EU Eurostat: See the source profile
91.5
GDP per inhabitant in purchasing power parity, EU = 100

Trend

104.9 82.2
1995 2025

GDP per capita at purchasing power parity: Spain 49,318.1 EU 55,087OECD 54,545.8France 55,124.5Portugal 42,576.8Germany 62,823.8Italy 53,606.1Morocco 9,495.4US 76,931.3China 25,066.5 2021 international dollars (PPP) per capita · 2025 · World Bank (WDI) All countries →

Real GDP growth: Spain 2.8 EU 1.5OECD 1.8France 0.8Portugal 1.9Germany 0.2Italy 0.5Morocco 4.6US 2.2China 5 % per year · 2025 · World Bank (WDI) All countries →

GDP per inhabitant since 1995

In constant 2025 euros. The 2008 crisis cut GDP per inhabitant by 10.3% up to 2013; the pandemic sent it plunging in 2020, and in 2025 it stands 8.8% above its 2007 peak.

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Quarterly growth

Change in real GDP compared with the same quarter of the previous year, seasonally adjusted. The 2020 collapse and the 2021 rebound go off the scale.

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What the output is spent on

Household consumption, public consumption and investment per inhabitant, in constant euros at an annual rate (the quarter multiplied by four). Foreign trade has its own page: exports and imports.

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Comparison with Europe

GDP per inhabitant in purchasing power parity, which corrects for prices not being the same in every country (EU-27 = 100). In 2025 Spain stands at 91.5.

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Sources: Eurostat, namq_10_gdp (quarterly national accounts, seasonally adjusted) and nama_10_pc (GDP per inhabitant). Chain-linked volumes are re-expressed in 2025 euros; population is the Eurostat annual average.