Spain's economy advanced 2.4 percent year-on-year in the first quarter of 2019, following a 2.3 percent expansion in the previous period and in line with market expectations and a preliminary reading, final data showed. GDP Annual Growth Rate in Spain averaged 2.22 percent from 1996 until 2019, 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 expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Spain to stand at 2.00 in 12 months time. In the long-term, the Spain GDP Annual Growth Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.

Spain GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 08:00 AM GDP Growth Rate YoY Flash 2.4% 2.4% 2.3% 2.4%
2019-03-29 08:00 AM GDP Growth Rate YoY Final 2.3% 2.5% 2.4% 2.4%
2019-04-30 07:00 AM GDP Growth Rate YoY Flash 2.4% 2.3% 2.3% 2.3%
2019-06-28 07:00 AM GDP Growth Rate YoY Final 2.4% 2.3% 2.4% 2.4%
2019-07-31 07:00 AM GDP Growth Rate YoY Flash 2.4% 2.2%
2019-09-30 07:00 AM GDP Growth Rate YoY Final 2.2%
2019-10-31 08:00 AM GDP Growth Rate YoY Flash 2.1%


Spain GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.60 1.60 -1.60 percent [+]
GDP Annual Growth Rate 2.40 2.30 5.60 -4.30 percent [+]
GDP 1426.19 1314.31 1635.02 12.07 USD Billion [+]
GDP Constant Prices 307460.00 306236.00 307460.00 112208.00 EUR Million [+]
Gross Fixed Capital Formation 66171.00 65288.00 85511.00 24923.00 EUR Million [+]
GDP per capita 33146.40 32402.70 33146.40 7359.97 USD [+]
GDP per capita PPP 35055.70 34269.10 35055.70 23758.70 USD [+]
GDP From Agriculture 7563.00 7982.00 8220.00 4136.00 EUR Million [+]
GDP From Construction 18628.00 18390.00 28879.00 9683.00 EUR Million [+]
GDP From Manufacturing 38154.00 38008.00 38468.00 18252.00 EUR Million [+]
GDP From Public Administration 50583.00 49963.00 50583.00 17370.00 EUR Million [+]
GDP From Services 203137.00 202156.00 203137.00 68153.00 EUR Million [+]
GDP From Transport 66355.00 66054.00 66355.00 26080.00 EUR Million [+]


Spain GDP Annual Growth Rate

On the expenditure side, household consumption is the main component of Spain's GDP (58 percent), followed by gross fixed capital formation (21 percent) and government expenditure (18 percent). Within investments, tangible fixed assets account for 18 percent of GDP, including construction (10 percent) and machinery, equipment and weapon system (7 percent); and intellectual property products account for the remaining 3 percent. Exports of goods and services account for 34 percent of GDP while imports account for 31 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.30 5.60 -4.30 1996 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
India 5.80 Mar/19
Indonesia 5.07 Mar/19
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Saudi Arabia 1.70 Mar/19
South Korea 1.70 Mar/19
Switzerland 1.70 Mar/19
Canada 1.30 Mar/19
Euro Area 1.20 Mar/19
France 1.20 Mar/19
Mexico 1.20 Mar/19
Japan 0.90 Mar/19
Germany 0.70 Mar/19
Brazil 0.50 Mar/19
Russia 0.50 Mar/19
Singapore 0.10 Jun/19
South Africa 0.00 Mar/19
Italy -0.10 Mar/19
Turkey -2.60 Mar/19
Argentina -5.80 Mar/19


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