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Spain GDP Annual Growth Rate

Last Release
Sep 30, 2024
Actual
3.4
Units In
%
Previous
2.9
Frequency
Quarterly
Next Release
Dec 23, 2024
Time to Release
1 Months 22 Days 7 Hours
Highest
Lowest
Average
Date Range
Source
17.7
Jun 2021
-21.5
Jun 2020
1.97 %1996-2024National Statistics Institute (INE)
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.

Spain GDP Annual Growth Rate History

Last 12 readings

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