Spain GDP Growth

GDP Growth Rate

Year -

2.5%

Spain GDP Growth in last 10 YearsGrowth Rate(%)20142014201520152016201620172017201820182019201920202020202120212022202220232023
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In 2023, Spain experienced a significant a decrease in its GDP growth rate, which fall to 2.5% from 5.77% in 2022. Additionally, the GDP per capita growth rate in Spain decrease to 1.24% in 2023, compared to 4.97% in 2022.

Spain GDP Growth

In 2023, Spain experienced a decrease in economic performance, with the GDP growth rate falling by 3.27%. Additionally, the GDP per capita growth rate decrease by 3.73%.

Spain Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Growth
Growth per Capita
Spain GDP Growth from 1961 to 2020Growth
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Spain Annual GDP Growth
Year GDP Growth Net Chg GDP Capita Growth Net Chg
196111.84%11.84%10.8%10.80%
19629.95%-1.89%8.95%-1.85%
19639.6%-0.35%8.64%-0.31%
19645.31%-4.29%4.27%-4.37%
19656.25%0.94%5.11%0.84%
19667.25%1.00%6.15%1.04%
19674.34%-2.91%3.06%-3.09%
19686.6%2.26%5.21%2.15%
19698.91%2.31%7.84%2.63%
19704.24%-4.67%3.09%-4.75%
19714.65%0.41%3.4%0.31%
19728.15%3.50%6.96%3.56%
19737.79%-0.36%6.6%-0.36%
19745.62%-2.17%4.47%-2.13%
19750.54%-5.08%-0.54%-5.01%
19763.3%2.76%2.22%2.76%
19772.84%-0.46%1.79%-0.43%
19781.46%-1.38%0.49%-1.30%
19790.04%-1.42%-0.84%-1.33%
19802.21%2.17%1.39%2.23%
1981-0.13%-2.34%-0.84%-2.23%
19821.25%1.38%0.64%1.48%
19831.77%0.52%1.28%0.64%
19841.78%0.01%1.36%0.08%
19852.32%0.54%1.95%0.59%
19863.25%0.93%2.95%1.00%
19875.55%2.30%5.27%2.32%
19885.09%-0.46%4.87%-0.40%
19894.83%-0.26%4.66%-0.21%
19903.78%-1.05%3.68%-0.98%
19912.55%-1.23%2.29%-1.39%
19920.93%-1.62%0.44%-1.85%
1993-1.03%-1.96%-1.54%-1.98%
19942.38%3.41%1.9%3.44%
19952.76%0.38%2.3%0.40%
19962.66%-0.10%2.23%-0.07%
19973.7%1.04%3.27%1.04%
19984.39%0.69%3.96%0.69%
19994.49%0.10%4.07%0.11%
20005.25%0.76%4.78%0.71%
20013.93%-1.32%3.21%-1.57%
20022.73%-1.20%1.29%-1.92%
20032.98%0.25%1.14%-0.15%
20043.12%0.14%1.36%0.22%
20053.65%0.53%1.92%0.56%
20064.1%0.45%2.36%0.44%
20073.6%-0.50%1.7%-0.66%
20080.89%-2.71%-0.71%-2.41%
2009-3.76%-4.65%-4.61%-3.90%
20100.16%3.92%-0.3%4.31%
2011-0.81%-0.97%-1.17%-0.87%
2012-2.96%-2.15%-3.02%-1.85%
2013-1.4%1.56%-1.08%1.94%
20141.4%2.80%1.7%2.78%
20153.84%2.44%3.92%2.22%
20163.04%-0.80%2.95%-0.97%
20172.98%-0.06%2.73%-0.22%
20182.28%-0.70%1.84%-0.89%
20191.98%-0.30%1.25%-0.59%
2020-11.17%-13.15%-11.6%-12.85%
20216.4%17.57%6.29%17.89%
20225.77%-0.63%4.97%-1.32%
20232.5%-3.27%1.24%-3.73%