Spain GDP Annual Growth Rate  1996-2018 | Data | Chart | Calendar

The Spanish economy expanded 3 percent year-on-year in the first quarter of 2018, better than a preliminary reading of 2.9 percent. Still, it is the lowest growth rate in a year. Domestic demand made the biggest contribution (2.8 percentage points), although it was lower than in the previous quarter (3.2 percentage points). The external demand contributed 0.2 percentage points to growth, after subtracting 0.1 percentage points in the previous period. GDP Annual Growth Rate in Spain averaged 2.21 percent from 1996 until 2018, 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.

Spain GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-01 08:00 AM GDP Growth Rate YoY Final 3.1% 3.1% 3.1% 3.1%
2018-04-27 07:00 AM GDP Growth Rate YoY Flash 2.9% 3.1% 3% 3%
2018-05-31 07:00 AM GDP Growth Rate YoY Final 3% 3.1% 2.9% 2.9%
2018-07-31 07:00 AM GDP Growth Rate YoY Flash 3% 3% 2.7%
2018-09-28 07:00 AM GDP Growth Rate YoY Final 3%
2018-10-31 08:00 AM GDP Growth Rate YoY Flash 2.7%


Spain GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.70 1.60 -1.60 percent [+]
GDP Annual Growth Rate 3.00 3.10 5.60 -4.30 percent [+]
GDP 1311.32 1237.26 1635.02 12.07 USD Billion [+]
GDP Constant Prices 298023.00 296207.00 298023.00 112208.00 EUR Million [+]
Gross Fixed Capital Formation 61680.00 61277.00 85511.00 24923.00 EUR Million [+]
GDP per capita 32405.75 31505.61 32459.92 7359.97 USD [+]
GDP per capita PPP 34272.36 33320.37 34329.65 23758.73 USD [+]
GDP From Agriculture 8088.00 7925.00 8088.00 4136.00 EUR Million [+]
GDP From Construction 16045.00 15653.00 28879.00 9683.00 EUR Million [+]
GDP From Manufacturing 38767.00 38938.00 38938.00 18252.00 EUR Million [+]
GDP From Public Administration 49103.00 48908.00 49103.00 17370.00 EUR Million [+]
GDP From Services 197451.00 196146.00 197451.00 68153.00 EUR Million [+]
GDP From Transport 63169.00 62881.00 63169.00 26080.00 EUR Million [+]


Spain GDP Annual Growth Rate

On the expenditure side, household consumption is the main component of GDP accounting for 58 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (19 percent). Within investments, tangible fixed assets accounts for 16 percent of GDP; construction for 10 percent; capital goods for 7 percent; and intellectual property products for 3 percent. Exports of goods and services account for 33 percent of GDP while imports account for 30 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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.10 5.60 -4.30 1996 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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