Spain GDP Annual Growth Rate 1996-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Spain expanded 3.10 percent in the second quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Spain averaged 2.14 percent from 1996 until 2015, 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. GDP Annual Growth Rate in Spain is reported by the National Statistics Institute (INE).

Spain GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.10 2.70 5.60 -4.30 1996 - 2015 percent Quarterly
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.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-28 08:00 AM Q1 2.7% 2.0% 2.6% 2.6%
2015-07-30 08:00 AM Q2 3.1% 2.7% 3.1% 3%
2015-08-27 08:00 AM Q2 3.1% 2.7% 3.1% 3.1%
2015-10-30 08:00 AM Q3 2.8%
2015-11-26 08:00 AM Q3

Spain GDP Last Previous Highest Lowest Unit
GDP 1404.31 1393.04 1634.99 12.07 USD Billion [+]
GDP Growth Rate 1.00 0.90 1.60 -1.60 percent [+]
GDP Annual Growth Rate 3.10 2.70 5.60 -4.30 percent [+]
GDP Constant Prices 274030.00 270703.00 280470.00 112208.00 EUR Million [+]
GDP per capita 25617.55 25149.74 27661.04 6159.04 USD [+]
Gross Fixed Capital Formation 53443.00 52086.00 85511.00 24923.00 EUR Million [+]
GDP per capita PPP 32270.43 31681.14 34844.62 24125.62 USD [+]
GDP From Agriculture 6319.00 5863.00 7306.00 4136.00 EUR Million [+]
GDP From Construction 13964.00 14053.00 28879.00 9683.00 EUR Million [+]
GDP From Manufacturing 33124.00 32323.00 37838.00 18252.00 EUR Million [+]
GDP From Public Administration 45563.00 46782.00 46782.00 17370.00 EUR Million [+]
GDP From Services 184476.00 184634.00 184634.00 68153.00 EUR Million [+]
GDP From Transport 60256.00 59617.00 60256.00 26080.00 EUR Million [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -2.60 Jun/15 -1.60 10.10 -3.15 percent [+]
Canada 1.00 Jun/15 2.00 8.80 -3.90 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.20 Jun/15 1.00 5.00 -5.60 percent [+]
France 1.00 Jun/15 0.82 12.50 -3.95 percent [+]
Germany 1.60 Jun/15 1.20 6.00 -7.90 percent [+]
India 7.00 Jun/15 7.50 11.40 -5.20 percent [+]
Indonesia 4.67 Jun/15 4.71 7.16 1.56 percent [+]
Italy 0.70 Jun/15 0.20 10.30 -7.20 percent [+]
Japan 0.70 Jun/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.20 Jun/15 2.50 8.50 -8.10 percent [+]
Netherlands 1.60 Jun/15 2.50 5.80 -4.40 percent [+]
Russia -4.60 Jun/15 -2.20 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.60 -4.30 percent [+]
Switzerland 1.20 Jun/15 1.20 5.40 -3.60 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.70 Jun/15 2.90 13.40 -4.10 percent [+]