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||1996 - 2015
Spain is the fourth largest economy in the Euro Zone and has a domestic market of about 46.4 million people, with additional demand coming from the record high of 65 million tourists who visited Spain in 2014 (+7.1 percent year-on-year), making it the third most visited country in the world mainly by foreign arrivals from France (16 percent), Germany (16 percent) and Italy (6 percent). Indeed, tourism revenues have seen a sustainable growth during the period 2010-2014, reaching 63.1 EUR billion in the same year (+6.5 percent year-on-year). On the expenditure side, private consumption is the main component of GDP accounting for 59 percent of its total use, followed by government spending (19 percent) and gross fixed capital formation (19 percent). Within investments, tangible fixed assets accounts for 16 percent of GDP; construction for 10 percent of GDP; capital goods for 7 percent of GDP; and intellectual property products for 3 percent of 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. Content for - Spain GDP Annual Growth Rate - was last refreshed on Tuesday, September 1, 2015.