Spain GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The Spanish economy expanded 3 percent year-on-year in the fourth quarter of 2016, in line with preliminary estimates but below 3.2 percent in the previous period. It is the lowest growth rate since the first quarter of 2015. Investment slowed (2.2 percent from 2.6 percent in the previous quarter) and government spending stalled (0.8 percent in the previous quarter) while household spending growth was steady at 3 percent. In addition, both exports (4.4 percent from 2.9 percent) and imports (2.3 percent from 1 percent) increased at a faster pace. GDP Annual Growth Rate in Spain averaged 2.15 percent from 1996 until 2016, reaching an all time high of 5.60 percent in the first quarter of 2000 and a record low of -4.30 percent in the second quarter of 2009.

Spain GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-24 08:00 AM Q3 3.2% 3.2% 3.2% 3.2%
2017-01-30 08:00 AM Q4 3% 3.2% 3% 3.1%
2017-03-02 08:00 AM Q4 3% 3.2% 3% 3%
2017-04-28 07:00 AM Q1 3% 2.9%
2017-05-25 07:00 AM Q1 3% 2.9%
2017-07-28 07:00 AM Q2 2.8%




Spain GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.70 1.60 -1.60 percent [+]
GDP Annual Growth Rate 3.00 3.20 5.60 -4.30 percent [+]
GDP 1199.06 1381.34 1634.99 12.07 USD Billion [+]
GDP Constant Prices 282790.00 279202.00 282790.00 112208.00 EUR Million [+]
Gross Fixed Capital Formation 56164.00 55677.00 85511.00 24923.00 EUR Million [+]
GDP per capita 30587.55 29595.08 32461.85 7360.40 USD [+]
GDP per capita PPP 32814.45 31749.72 34825.21 24112.20 USD [+]
GDP From Agriculture 6937.00 6359.00 7306.00 4136.00 EUR Million [+]
GDP From Construction 14398.00 14222.00 28879.00 9683.00 EUR Million [+]
GDP From Manufacturing 36270.00 35737.00 37838.00 18252.00 EUR Million [+]
GDP From Public Administration 48170.00 47946.00 48170.00 17370.00 EUR Million [+]
GDP From Services 189427.00 187764.00 189427.00 68153.00 EUR Million [+]
GDP From Transport 60171.00 59384.00 60171.00 26080.00 EUR Million [+]



Spain GDP Annual Growth Rate Notes

On the expenditure side, household consumption is the main component of GDP accounting for 58 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (19 percent). Within investments, tangible fixed assets accounts for 16 percent of GDP; construction for 10 percent; capital goods for 7 percent; and intellectual property products for 3 percent. Exports of goods and services account for 33 percent of GDP while imports account for 30 percent, adding 3 percent of total GDP. This page provides the latest reported value for - Spain GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.20 5.60 -4.30 1996 - 2016 percent Quarterly



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