Gross Domestic Product, GDP in millions constant 2021 international $ in Spain
Spain: Gross Domestic Product, GDP in millions constant 2021 international $ was 2.53 million in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Spain, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Spain stood at 2.53 million. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 1.7% on the previous year and up 19.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Spain peaked at 2.53 million in 2027 and was at its lowest, 1.26 million, in 1993.
Spain ranks 15th of 188 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1.27 million | — |
| 1992 | 1.28 million | +0.9% |
| 1993 | 1.26 million | -1.0% |
| 1994 | 1.30 million | +2.4% |
| 1995 | 1.33 million | +2.8% |
| 1996 | 1.37 million | +2.6% |
| 1997 | 1.41 million | +3.6% |
| 1998 | 1.48 million | +4.3% |
| 1999 | 1.54 million | +4.4% |
| 2000 | 1.62 million | +5.2% |
| 2001 | 1.68 million | +3.9% |
| 2002 | 1.73 million | +2.8% |
| 2003 | 1.78 million | +2.9% |
| 2004 | 1.84 million | +3.1% |
| 2005 | 1.90 million | +3.6% |
| 2006 | 1.98 million | +4.0% |
| 2007 | 2.05 million | +3.5% |
| 2008 | 2.06 million | +0.8% |
| 2009 | 1.99 million | -3.8% |
| 2010 | 1.99 million | +0.1% |
| 2011 | 1.98 million | -0.6% |
| 2012 | 1.92 million | -2.9% |
| 2013 | 1.89 million | -1.4% |
| 2014 | 1.92 million | +1.5% |
| 2015 | 2.00 million | +4.1% |
| 2016 | 2.06 million | +2.9% |
| 2017 | 2.12 million | +2.9% |
| 2018 | 2.17 million | +2.4% |
| 2019 | 2.21 million | +2.0% |
| 2020 | 1.97 million | -10.9% |
| 2021 | 2.10 million | +6.7% |
| 2022 | 2.23 million | +6.4% |
| 2023 | 2.29 million | +2.5% |
| 2024 | 2.37 million | +3.5% |
| 2025 | 2.44 million | +2.9% |
| 2026 | 2.48 million | +2.0% |
| 2027 | 2.53 million | +1.7% |
Spain compared with similar countries
- Spain's 2.53 million is above the median for high income countries, which is 390,765, 6.5× the median. (62 countries reporting)
- Spain's 2.53 million is above the median for Europe & Central Asia, which is 367,047, 6.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.36 million | 1.26 million | 1.54 million | 9 |
| 2000s | 1.86 million | 1.62 million | 2.06 million | 10 |
| 2010s | 2.02 million | 1.89 million | 2.21 million | 10 |
| 2020s | 2.30 million | 1.97 million | 2.53 million | 8 |
Countries ranked near Spain
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 46.38 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 939.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -34.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 569.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Spain?
- Gross domestic product, gdp in millions constant 2021 international $ in Spain was 2.53 million in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Spain?
- The highest recorded value was 2.53 million in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Spain?
- The lowest recorded value was 1.26 million in 1993.
- How does Spain rank for gross domestic product, gdp in millions constant 2021 international $?
- Spain ranks 15th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Spain?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is rising.
- Where does this Spain data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.