Spain GDP YoYSpain GDP YoYSpain GDP YoY

Spain GDP YoY

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
3.40%
Highest
19.40% on Jun 30, 2021
Lowest
−21.70% on Jun 30, 2020

About Spain GDP YoY


Category
GDP
Frequency
Quarterly
Units
%
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.