Spain's economy expanded by 5.1 percent in 2021 after a historic 10.8 percent slump the previous year, marking the fastest growth since 2000 but undershooting the government's 6.5 percent target. source: National Statistics Institute (INE)
Full Year GDP Growth in Spain averaged 1.79 percent from 1996 until 2021, reaching an all time high of 5.20 percent in 2000 and a record low of -10.80 percent in 2020. This page includes a chart with historical data for Spain Full Year GDP Growth. Spain Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Full Year GDP Growth in Spain is expected to reach 3.50 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Full Year GDP Growth is projected to trend around 2.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.