HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
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flag — Spain
Nation by Nation

Spain

Economy

$1.73 trillion
GDP
World Bank · 2024
$35,327
GDP / Capita
World Bank · 2024
+3.5%
GDP Growth
World Bank · 2024
11.4%
Unemployment
World Bank · 2024

Spain has a large, advanced economy — among the EU's biggest — that recovered from a severe property crash and the eurozone crisis of the early 2010s to lead the major European economies in growth in recent years.

A founding presence in the eurozone, Spain is a global tourism powerhouse — among the most visited countries on earth — with strong services, renewable energy, and industry, though youth unemployment has historically run high.

Key Sectors

Key sectors include tourism, motor vehicles, food and agriculture (olive oil, wine, and produce for export), renewable energy (wind and solar), textiles and fashion, and banking.

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