Economic Trivia

Spain is the second biggest foreign investor in Latin America.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): France, Germany, and Italy
Top 3 Exported Goods (2021): Motor Vehicles & Parts, Industrial Machinery, and Items nesoi

Top Industries Source: CIA World Factbook

Textiles and Apparel (Including Footwear); Food and Beverages; Metals and Metal Manufactures; Chemicals

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $2,181,968,248,122 (2022)
GDP Growth Rate (annual %) 5.452% (2022)
GDP Per Capita, PPP (current international) $45,825 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 16/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 8.391% (2022)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 47% (2019)
Real Interest Rate (5 year average %) 3.88% (2016)
Manufacturing, value added (% of GDP) 11.642% (2022)
Current Account Balance (BoP, current US$) $7,575,157,177 (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 23,716,311 (2022)
Employment in Agriculture (% of total employment) 4.059% (2021)
Employment in Industry (% of total employment) 20.187% (2021)
Employment in Services (% of total employment) 75.754% (2021)
Unemployment Rate 13.009% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $560,986,388,798 (2022)
Exports of goods and services (current US$) $580,683,663,574 (2022)
Total Merchandise Trade (% of GDP) 65.239% (2022)
FDI, net inflows (BoP, current US$) $42,294,129,936 (2022)
Commercial Service Exports (current US$) $167,155,768,002 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Spain’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank