Macro‑Economic Monitor

Home / Countries / Southern Europe

Spain economy

Spain’s economy grew 2.8% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 2.7% in 2025, and 10.4% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth2.8%2025
Inflation (consumer prices)2.7%2025
Unemployment10.4%2025
GDP (US dollars)$1.91 tn2025
GDP per person (US dollars)$38,6272025
GDP per person (PPP, international dollars)$57,9652024
Current account balance, % of GDP2.9%2025
Budget balance, % of GDP−3.2%2024
Extreme poverty, % of people below $3.00 a day0.8%2023
Population49.4 m2025
Open the full interactive profile

Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.