Industrial production dipped 3.4% year-on-year in seasonally- and calendar-adjusted terms in September, less severely than August’s 5.7% decline. … FocusEconomics Consensus Forecast panelists, meanwhile, project that GDP will expand 6.6% in 2021, which is down 0.4 percentage points from last month’s forecast. LinkedIn Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: According to the source, due to the high level of uncertainty in current global economic conditions, the IMF projections for these indicators are provided only through 2021. Similarly, imports jumped 28.4% in quarterly terms on firming domestic demand, rebounding robustly from the 29.5% plunge recorded in Q2. New, Figures and insights about the advertising and media world, Industry Outlook Chart. This was highlighted by Steven Trypsteen, Spain and Portugal economist at ING, who commented: “Survey data already indicated a weakening at the end of the third quarter, especially in the services sector, and retail sales growth moved back into negative territory in September. Countries by nominal GDP in 2019 >$20 ... <$5 billion. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Google+, Facebook Update, Insights into the world's most important technology markets, Advertising & Media Outlook Publish your articles and forecasts in our website. Blogs about Spain. In World Factbook estimates, Niue, small island nation in the South Pacific … Press The economy rebounded vigorously in the third quarter, growing at the fastest pace on record after the lifting of Covid-19 lockdown measures in June enabled the gradual return of activity. We are moving from a "Nike Swoosh" recovery to a W-shaped one.” The INE will release the second GDP estimate on 23 December. © 2020 International Monetary Fund. WDI Tables. This page provides the latest reported value for - Spain GDP per … LinkedIn Spain - GDP Economy rebounds at fastest pace on record in Q3 amid easing of Covid-19 restrictions. "Spain: Gross Domestic Product (Gdp) in Current Prices from 1984 to 2021 (in Billion International Dollars). Consumer spending surged 20.7% on a quarterly basis (Q2: -20.4% qoqsa) as businesses reopened and households resumed their purchases. Click on the button below to get started. An automobile plant in Barcelona. About Nominal (current) Gross Domestic Product (GDP) of Spain is $1,314,314,164,402 (USD) as of 2017. Tuvalu has the world's smallest national economy with a GDP (nominal) of approximately $42 million. Spain: Gross domestic product (GDP) in current prices from 1984 to 2021 (in billion international dollars) [Graph]. April 15, 2020. Taken together, net trade contributed positively to the headline reading, after weighing on it considerably in the prior quarter. Please create an employee account to be able to mark statistics as favorites. The bounce-back in activity reflected a marked improvement in both domestic and foreign demand. All rights reserved. ", IMF, Spain: Gross domestic product (GDP) in current prices from 1984 to 2021 (in billion international dollars) Statista, https://www.statista.com/statistics/263768/gross-domestic-product-gdp-in-spain/ (last visited November 17, 2020), Spain: Gross domestic product (GDP) in current prices from 1984 to 2021, Median age of the population in Spain 1950-2050, Gross domestic product (GDP) in Spain 2021, Spain's share of global gross domestic product (GDP) 2024, Gross domestic product (GDP) per capita in Spain 2024, Gross domestic product (GDP) growth in Spain 2021, Distribution of gross domestic product (GDP) across economic sectors in Spain 2019, Distribution of the workforce across economic sectors in Spain 2020, National debt of Spain in relation to gross domestic product (GDP) 2024, Ratio of military expenditure to gross domestic product (GDP) in Spain 2019, Government revenue and spending in Spain 2024, Ratio of government expenditure to gross domestic product (GDP) in Spain 2024, Budget balance in Spain in relation to gross domestic product (GDP) 2021, Cumulative cases of COVID-19 worldwide from January 8 to November 15, 2020, by day, Change in GDP in Catalonia, Spain and the Eurozone 2007-2019, Catalonia's share of Spanish gross value added (GVA) 2006-2018, Gross domestic product in Catalonia 2003-2019, GDP per capita in Catalonia, Spain as a whole and Eurozone 2004-2019, Catalonia's share of Spanish gross domestic product (GDP) 2006-2019, Gross domestic product in Catalonia and Spain 2003-2019, Possibility of individually contributing to environment protection in Spain in 2014, Spain: enterprises manufacturing jewelry & bijouterie 2008-2018, Spain - number of mobile connections 2012-2019, Spain: monthly harmonized consumer price index in 2017-2018, Increased decision-making power for the Catalan parliament May 2014, Catalan referendum: voting intention June 2014, by employment situation, Forecast tablet penetration in Spain 2014-2020, Forecasted retail e-commerce sales in Spain 2014-2017, Industry revenue of “manufacture of other machine tools“ in France 2012-2024, Software market revenue in Finland 2016-2021, Industry revenue of »retail sale of carpets, rugs, wall and floor coverings« in Cyprus 2011-2023, Survey on interest in Finland in Sweden 2017, by area of interest, UK import value of travel goods and handbags from France 2010-2018. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website. Try our corporate solution for free! The Gross Domestic Product (GDP) in Spain was worth 1394.12 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. GDP growth (annual %) - Spain from The World Bank: Data. Close. If you continue to navigate this website beyond this page, cookies will be placed on your browser. This feature is limited to our corporate solutions. Growth is expected to ease slightly throughout 2019 and then stabilise as the projected slowdown in private consumption is partly offset by agradual rise in the contribution of net exports to growth. Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. COVID-19 deaths worldwide as of November 16, 2020, by country, COVID-19 cases worldwide as of November 16, 2020, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Nov. 16, 2020, New cases of COVID-19 worldwide from January 23 to November 15, 2020, by day. Please do not hesitate to contact me. and over 1 Mio. GDP per capita (current US$) Spain. […] We therefore think that the post-lockdown recovery had already come to a halt at the end of the third quarter and this does not bode well for the fourth quarter. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Twitter (billed annually). (April 15, 2020). World Bank national accounts data, and OECD National Accounts data files. To learn more about cookies, click here. Exports of goods and services soared 34.3% thanks to recovering demand in the EU and as the vital tourism industry started to revive (Q2: -33.4% qoqsa). (photo: Enric Fontcuberta/EFE/Newscom). Thanks to strong economic growth, the government deficit is projected to … The Central Bank expects the economy will grow 4.1%–7.3% in 2021. October 29, 2020 Browse by Country or Indicator. Publish your articles and forecasts in our website. Learn more about how Statista can support your business. facts. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | News. This site uses cookies to optimize functionality and give you the best possible experience. $39 per month* Please contact us to get started with full access to dossiers, forecasts, studies and international data. Spain is one of the hardest hit countries by the pandemic. Accessed November 17, 2020. https://www.statista.com/statistics/263768/gross-domestic-product-gdp-in-spain/, IMF. At a Glance 2020 Projected Real GDP (% Change) : -12.8; … Spain - GDP Economy rebounds at fastest pace on record in Q3 amid easing of Covid-19 restrictions. Gross domestic product (GDP) in Spain 2013-2019, seasonally adjusted Inter-annual variation of gross domestic product (GDP) in Spain 2008-2019 North Dakota - real GDP 2000-2019 Lastly, government spending picked up steam, expanding a solid 1.1% from the prior quarter (Q2: +0.3% qoqsa). The pandemic has taken a significant toll on Spain’s people and economy, following five years of strong growth and job creation. * Estimate.Values have been rounded to provide a better understanding of the statistic. Five Charts on Spain’s Economy and Response to COVID-19. "Spain: Gross domestic product (GDP) in current prices from 1984 to 2021 (in billion international dollars)." New, Everything you need to know about the industry development, Find studies from all around the internet. Real GDP (constant, inflation adjusted) of Spain reached $1,509,745,872,740 in 2017. Despite the strong showing in Q3, risks to the recovery have intensified recently amid the rising second wave of Covid-19 cases, which has led to the reinstatement of restrictions on a national level. The economy rebounded vigorously in the third quarter, growing at the fastest pace on record after the lifting of Covid-19 lockdown measures in June enabled the gradual return of activity. The economy rebounded vigorously in the third quarter, growing at the fastest pace on record after the lifting of Covid-19 lockdown measures in June enabled the gradual return of activity. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Listed below are items related to Spain. 2020 Projected Consumer Prices (% Change). Profit from additional features by authenticating your Admin account. GDP per Capita in Spain (with a population of 46,647,428 people) was $32,365 in … In 2019, the U.S. economy, in terms of GDP (PPP), was at $21.44 trillion, while the Chinese economy was measured at $27.31 trillion. GDP per capita in Spain averaged 21771.36 USD from 1960 until 2019, reaching an all time high of 33349.70 USD in 2019 and a record low of 7375.70 USD in 1960. Spain GDP (Gross Domestic Product) was INT$1,663.26billion for 2019 in PPP terms. forecast. "International dollar" is a hypothetical currency that has a comparable purchase power parity to the U.S. dollar at any given time, i.e. CSV XML EXCEL. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP… In, IMF. The Spanish Board of Architects approved 5,249 new construction permits in August, according to data published by the Ministry of Public Works. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Statista. That said, however, output was still down 8.7% in year-on-year terms in Q3 (Q2: -21.5% yoy). Selected Countries and Economies. Twitter Google+, © Copyright: 2020. Spain - Real GDP growth and contributions, output gap. The Trading Economics Application Programming Interface (API) provides direct access to our data. 5 years of economic forecasts for more than 30 economic indicators. Direct access to our calendar releases and historical data. | Spain GDP | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Spain: Industrial output contracts at softest pace in seven months in September, Spain: Composite PMI dips to five-month low in October on sustained deterioration of services sector, Spain: Economy rebounds at fastest pace on record in Q3 amid easing of Covid-19 restrictions, Spain: Current account surplus diminishes again in August, Spain: Housing permits increase for first time in the year in August, Economic Growth (GDP, annual variation in %). Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Read the Article. (212) 419-8286 The IMF Press Center is a password-protected site for working journalists. The economy rebounded vigorously in the third quarter, growing at the fastest pace on record after the lifting of Covid-19 lockdown measures in June enabled the gradual return of activity. Online tool for visualization and analysis. All videos about Spain. You only have access to basic statistics. Menu. United States remains the largest economy of the world with GDP (Nominal) over $20 trillion in 2019. Then you will be able to mark statistics as favourites and use personal statistics alerts. In 2022, panelists see the economy growing 4.2%. Download historical data for 20 million indicators using your browser. $) Share in 2019 (%) Rank PPP/Nom; 2018 2019 Change Europe World Europe World; Albania: 38.305: 40.151: 1.846: 0.127 Nominal GDP does not take into account differences in the cost of living in different … Client Log In, Facebook Online Store Unemployment is forecast to continue falling despite slower job creation. China follows, with $14 trillion, or 16.3% of the world economy. Spain’s current account balance recorded a surplus of EUR 1.4 billion in August, considerably below the EUR 3.8 billion surplus recorded in August 2019 but holding stable from July’s EUR 1.4 billion surplus. All news about Spain. The Gross Domestic Product per capita in Spain was last recorded at 33349.70 US dollars in 2019. The Spanish benchmark stock market index is the IBEX 35, which as of 2016 is led by banking (including Banco Santander and BBVA), clothing (Inditex), telecommunications (Telefónica) and energy (Iberdrola). The GDP value of Spain represents 1.16 percent of the world economy. A second wave of infections that started in mid-July has put a lid on the recovery. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The GDP per Capita in Spain is equivalent to 264 percent of the world's average. International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. My Cart The Trading Economics Application Programming Interface (API) provides direct access to our data. Spain’s current account balance recorded a surplus of EUR 1.4 billion in August, considerably below the EUR 3.8 billion surplus recorded in August 2019 but holding stable from July’s EUR 1.4 billion surplus. The gross domestic product (GDP) measures of national income and output for a given country's economy. Register in seconds and access exclusive features. Direct access to our calendar releases and historical data. Download historical data for 20 million indicators using your browser. Moreover, fixed investment leaped 19.9% quarter-on-quarter on the back of recovering residential and capital goods investment (Q2: -22.1% qoqsa). Thematic data tables from WDI. DataBank. It represents a quarter share of the global economy (24.8%). Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Big Mac index - global prices for a Big Mac 2020, Profit from additional features with an Employee Account. The external sector also saw improved conditions. The pandemic has taken a significant toll on Spain’s people and economy, following five years of strong growth and job creation.
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