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General profile: Spain

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
47.912 Millions
..
1 603 220 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 499 557 km²
3.40 %
3.93 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+1.9 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
192 644
254 418
282 274
423 228
Merchandise imports
288 786
327 016
311 851
470 329
Merchandise trade balance
-96 141
-72 598
-29 578
-47 101
Export structure by product group in 2023
(as % of total exports)
5 %5 %70 %70 %7 %7 %18 %18 %
Top 5 partners in 2023
(exports, millions of US$)
63 19842 26834 85833 57424 24463 19842 26834 85833 57424 244
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
92 857
114 502
121 511
197 975
Services imports
59 789
65 492
62 218
97 391
Services trade balance
33 067
49 010
59 293
100 584
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
-
-
11.5
11.4
Travel
56.0
51.4
51.4
46.5
Other services
-
-
(e) 34.0
(e) 37.9
TRADE INDICES
More data on UNCTADstat
1051051049910610510610510094918687837783858298959810198979910110097979597101105100104104
ECONOMIC TRENDS
More data on UNCTADstat
+3.9 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
1 153 257
1 420 722
1 195 676
1 603 220
GDP per capita, current US$
26 235
30 331
25 612
33 462
Real GDP growth, y-on-y, %
3.65
0.16
3.84
3.93
Current account balance, % of GDP
-7.28
-3.68
2.02
2.54
Exchange rate (/US$)
0.804
0.754
0.901
..
GDP by expenditure in 2022
(as % of total GDP)
56.920.421.540.939.756.920.421.540.939.7
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+1.9 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
25 020.18
39 872.51
14 435.81
35 914.32
FDI outflows
41 829.47
37 843.80
46 700.32
30 334.98
Personal remittances, % of GDP
0.34
0.40
0.56
..
Financial flows trends
(millions of US$)
9 253.69 408.57 699.28 038.98 253.67 383.56 475.16 716.07 468.67 525.06 170.05 876.75 668.55 287.16 039.05 189.44 133.73 876.53 457.83 197.32 646.52 413.32 234.835 91444 88538 31814 23917 84258 06323 50329 65414 43623 30828 10025 69628 37939 87310 40776 99364 26430 80225 02024 76125 81939 22328 40839 575FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-4.81
-1.02
3.04
4.07
Balance, % of imports
-16.16
-3.79
9.94
11.84
Normalized balance
-0.088
-0.019
0.047
0.056
Trade openness²
(sum of imports and exports as % of GDP)
73816760676867646464626159534756585655
LIVING AREA
Population by living area in 2023
(% of population)
Urban 82%Urban 82%Rural 18%Rural 18%
OTHER INDICATORS
More data on UNCTADstat
0.083 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
2 655
2 555
1 857
1 901
Container port throughput (TEU)
..
12 500 043
14 288 388
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
3.73
2.20
1.25
..
Share of ICT goods, % of total imports
7.23
6.62
5.05
..
Share of workforce involved in the ICT sector
..
(r) 3.94
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
r
Number of persons employed in full time equivalent units.Total business economy includes repair of computers, personal and household goods; except financial and insurance activities.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024