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CompareEconomy.com Comparison of world economies

Spain

World Rank 19 7.13 Spain flag svg
Capital
Area
Currency
Madrid
505,990 km 2
Euro (EUR)

Table of Contents

Introduction

Spain is a country located on the Iberian Peninsula. It is in Southwestern Europe with several minor areas scattered around the coast of North Africa and some islands in the Mediterranean Sea. As a result of several African exclaves, this is the only European nation that has a physical border with an African country, namely Morocco. However, the main border lines are with Portugal and France. 

Economy

As of 2019, the Kingdom of Spain could boast with the fourth-largest economy in European Union. With the GDP (PPP included) at the level of $1.986 trillion, they are behind Italy ($2.6 trillion) and ahead of Poland ($1.3 trillion). 

In terms of GDP per capita, the indicator of the wealth of the average citizen in the nation, it is less satisfactory and it is all due to the large crisis Spain witnessed in 2009-2012. At the lowest point in this period, the GDP per capita dropped by 5%. However, in recent years it started to grow and, as a result, it peaked at $42,195 in 2019. 

Population

With approximately 47 million residents, they are ranked 30th in the world and 4th in the European Union with a density at the level of 94 people per square kilometer.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#14 (2021)
1,427,380,681,294 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#22 (2021)
21,199,437,317 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#24 (2021)
14.78 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)