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

The Spanish economy grew 2.7 percent year-on-year in the second quarter of 2018, below market expectations of a 2.8 percent expansion, the preliminary figure showed. It was the lowest growth rate since the last quarter of 2014. Domestic demand made the biggest contribution (2.9 percentage points), higher than the previous quarter (2.8 percentage points in Q1). Meantime, the external demand had a negative contribution of 0.2 percentage points, after adding 0.2 percentage points in the prior period. GDP Annual Growth Rate in Spain averaged 2.22 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
2018-04-27 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 2.7% 3% 2.7% 2.9%
2018-09-28 07:00 AM GDP Growth Rate YoY Final 3% 2.7% 2.7%
2018-10-31 08:00 AM GDP Growth Rate YoY Flash 2.7%
2018-12-28 08:00 AM GDP Growth Rate YoY Final


Spain GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.70 1.60 -1.60 percent [+]
GDP Annual Growth Rate 2.70 3.00 5.60 -4.30 percent [+]
GDP 1311.32 1237.26 1635.02 12.07 USD Billion [+]
GDP Constant Prices 299267.00 298023.00 299267.00 112208.00 EUR Million [+]
Gross Fixed Capital Formation 63383.00 61680.00 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 8049.00 8088.00 8088.00 4136.00 EUR Million [+]
GDP From Construction 16276.00 16045.00 28879.00 9683.00 EUR Million [+]
GDP From Manufacturing 39353.00 38767.00 39353.00 18252.00 EUR Million [+]
GDP From Public Administration 49137.00 49103.00 49137.00 17370.00 EUR Million [+]
GDP From Services 197230.00 197451.00 197451.00 68153.00 EUR Million [+]
GDP From Transport 63834.00 63169.00 63834.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 3.00 5.60 -4.30 1996 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Singapore 3.90 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 3.10 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Spain 2.70 Jun/18
Mexico 2.60 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Italy 1.20 Jun/18
Saudi Arabia 1.15 Mar/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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