Spain: economy and key statistics
Spain is number 12 in the 311 Nations Index, with a GDP of $1.91 trillion in 2025. GDP per person is $38,627. The economy grew by 2.8% in 2025. Unemployment is 10.4%. The economy is 68% services, 20% industry, 3% agriculture. In 311 Institute directories: 272 R&D labs, 32 startups, 11 investors, 9 Titans.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Spain is number 12 in the 311 National Power Index, scoring 60.5 out of 100: economic 80, technology 48, military 44 and human capital 73.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $1.91 trillion | 2025 |
| GDP (purchasing power) | $2.95 trillion | 2025 |
| GDP per person | $38,627 | 2025 |
| Economic growth | +2.8% | 2025 |
| Inflation | 2.7% | 2025 |
| Unemployment | 10.4% | 2025 |
| Population | 49.4 million | 2025 |
| Labour force | 24.8 million | 2025 |
| Services share of GDP | 68% | 2025 |
| Industry share of GDP | 20% | 2025 |
| Manufacturing share of GDP | 11% | 2025 |
| Agriculture share of GDP | 3% | 2025 |
| Exports share of GDP | 37% | 2025 |
| Foreign direct investment | 1.5% of GDP | 2025 |
| High-tech share of manufactured exports | 9% | 2024 |
| R&D spending | 1.49% of GDP | 2023 |
| Internet users | 96% of people | 2024 |
R&D labs
Largest companies in Spain
- Repsol (#113)
- Telefónica (#165)
- Danone (#224)
- Grifols (#691)
- Catalana Occidente Group (#789)
- Iberostar Hotels & Resorts (#867)
- Puig (#876)
- Indra Sistemas (#900)
- Vall Companys (#942)
Startups in Spain
- Baltasar Cars
- Chibig
- GeekSquare
- Gigas
- Goggo Network
- GuruWalk
- Hawkers
- ID Finance
- La Nevera Roja
- Main Loop
- Mango Protocol
- Meltio
- Mobsyte
- Nexiona Connectocrats
- Sheetgo
- Sherpa
- Spotahome
- Stage Clear Studios
- Stark Future
- Start4Big
Main export industries
Spain exported goods worth about $403.7bn in 2024. Its biggest export industries:
- Vehicles: $60.0bn (14.9% of goods exports)
- Machinery and mechanical appliances, boilers, nuclear reactors: $28.2bn (7.0% of goods exports)
- Mineral fuels, mineral oils and products of their distillation: $22.8bn (5.6% of goods exports)
- Electrical machinery and equipment: $21.6bn (5.4% of goods exports)
- Commodities not specified according to kind: $20.2bn (5.0% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Europe
- Germany (#3)
- United Kingdom (#5)
- France (#7)
- Russia (#8)
- Italy (#9)
- Türkiye (#16)
- Netherlands (#18)
- Switzerland (#20)
- Poland (#21)
- Belgium (#22)
- Ireland (#23)
- Sweden (#25)
- Austria (#28)
- Norway (#31)
- Denmark (#35)
Questions and answers
How big is the economy of Spain?
Spain had a GDP of $1.91 trillion in 2025, ranking number 12 in the 311 Nations Index.
What is GDP per person in Spain?
GDP per person in Spain was $38,627 in 2025.
How fast is the economy of Spain growing?
The economy of Spain grew by 2.8% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
© 311 Institute 2026. Facts from Wikidata (CC0) and the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.