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Gross domestic product (GDP) per capita in Spain 2024

Spain: Gross domestic product (GDP) per capita in current prices from 1984 to 2024 (in U.S. dollars)

by H. Plecher, last edited Oct 7, 2019
Gross domestic product (GDP) per capita in Spain 2024 This statistic shows the gross domestic product (GDP) per capita in Spain from 1984 to 2017, with projections up until 2024. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2017, the GDP per capita in Spain was around 28,377.76 U.S. dollars.
Spain's struggling economy

The Spanish economy is essential for the global market, as it remains one of the largest economies in the world as well as within Europe. The aftermath of the global financial crisis and the Eurozone crisis resulted in an economic collapse, which has yet to be completely resolved by the Spanish government. While unemployment has always been a general weakness for Spain, the occurrence of recent economic disasters has fueled the struggles in the country’s job market, resulting in a decade high unemployment rate. During the prime of both crises, not only millions of workers were laid off, but government spending also reached a new high, considerably exceeding national revenues earned. This not only resulted in further layoffs in the following years, but also burdened the country with almost double the amount of debt.

Prior to the crisis, the public already assumed that the Spanish economy would decline, however the public opinion of the situation became conclusive post 2009. The lack of consumer confidence is only further damaging the Spanish economy, as investors have already pulled much capital from the troubled nation and are hesitant to reinvest their money.
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Spain: Gross domestic product (GDP) per capita in current prices from 1984 to 2024 (in U.S. dollars)

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GDP per capita in U.S. dollars
2024*37,066.65
2023*35,663.55
2022*34,414.48
2021*33,135.13
2020*31,943.58
2019*30,631.33
2018*30,697.26
201728,377.76
201626,681.82
201525,849.69
201429,686.68
201329,237.72
2012 28,583.74
2011 31,868.86
2010 30,803.47
2009 32,412.77
2008 35,725.35
2007 32,748.09
2006 28,530.04
2005 26,547.91
2004 24,981.31
2003 21,528.29
2002 17,075.47
2001 15,365.8
2000 14,721.7
1999 15,774.44
1998 15,418.91
1997 14,746.42
1996 16,055.97
1995 15,437.36
1994 13,386.46
1993 13,376.56
1992 15,973.58
1991 14,661.18
1990 13,649.28
1989 10,540.02
1988 9,574.95
1987 8,167.06
1986 6,461.29
1985 4,683.16
1984 4,460.6
GDP per capita in U.S. dollars
2024*37,066.65
2023*35,663.55
2022*34,414.48
2021*33,135.13
2020*31,943.58
2019*30,631.33
2018*30,697.26
201728,377.76
201626,681.82
201525,849.69
201429,686.68
201329,237.72
2012 28,583.74
2011 31,868.86
2010 30,803.47
2009 32,412.77
2008 35,725.35
2007 32,748.09
2006 28,530.04
2005 26,547.91
2004 24,981.31
2003 21,528.29
2002 17,075.47
2001 15,365.8
2000 14,721.7
1999 15,774.44
1998 15,418.91
1997 14,746.42
1996 16,055.97
1995 15,437.36
1994 13,386.46
1993 13,376.56
1992 15,973.58
1991 14,661.18
1990 13,649.28
1989 10,540.02
1988 9,574.95
1987 8,167.06
1986 6,461.29
1985 4,683.16
1984 4,460.6

© Statista 2019

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Source: IMF

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by H. Plecher, last edited Oct 7, 2019
This statistic shows the gross domestic product (GDP) per capita in Spain from 1984 to 2017, with projections up until 2024. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2017, the GDP per capita in Spain was around 28,377.76 U.S. dollars.

Spain's struggling economy

The Spanish economy is essential for the global market, as it remains one of the largest economies in the world as well as within Europe. The aftermath of the global financial crisis and the Eurozone crisis resulted in an economic collapse, which has yet to be completely resolved by the Spanish government. While unemployment has always been a general weakness for Spain, the occurrence of recent economic disasters has fueled the struggles in the country’s job market, resulting in a decade high unemployment rate. During the prime of both crises, not only millions of workers were laid off, but government spending also reached a new high, considerably exceeding national revenues earned. This not only resulted in further layoffs in the following years, but also burdened the country with almost double the amount of debt.

Prior to the crisis, the public already assumed that the Spanish economy would decline, however the public opinion of the situation became conclusive post 2009. The lack of consumer confidence is only further damaging the Spanish economy, as investors have already pulled much capital from the troubled nation and are hesitant to reinvest their money.
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