GDP growth rate in Spain compared to the average in the OECD 2005-2023
Both Spain and the members of the Organization for Economic Co-operation and Development (OECD) recorded a contraction of Gross Domestic Product (GDP) in 2020, followed by a remarkable high growth in the following year. The positive trend continued in 2023, with the Spanish economy growing 2.5 percent, while the OECD members recorded a 1.67 percent.
