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Spain GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Spain's gdp per capita was $38,040 in 2025, ranked 34th globally. This represents a 7.7% increase from 2024. Data from World Bank, covering 1960–2025.

$38,040 +$2,713 (+7.7%)
Year 2025 Rank #34 Global Peak $38,040 (2025) Source World Bank

Spain GDP per Capita (1960–2025)

Overview

Spain's gdp per capita stood at $38,040 in 2025, a rise of +$2,713 from 2024. The IMF projects $38,040 by 2025. Spain ranked 34th globally.

Spain's GDP per capita has demonstrated significant growth over the past 66 years, rising from a meager 407.96 in 1960 to a record high of 38,039.88 in 2025. This represents a substantial increase, with the economy exhibiting a notable upward trend since the trough. In comparison, neighboring countries such as Aruba and Slovenia have reported higher GDP per capita, with Aruba standing at 39,606.36 in 2025, while Slovenia reached 37,178.02 in the same year. Despite this, Spain's economic development has been considerable, positioning it as the 34th highest globally in 2025. The country's economic trajectory suggests a continued growth path, with potential factors such as demographic shifts, technological advancements, and investments in human capital likely to influence its future trajectory. A sustained commitment to innovation and education could further propel Spain's GDP per capita growth, potentially narrowing the gap with higher-ranking economies.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $45,766 - -
2029* IMF $44,364 - -
2028* IMF $43,060 - -
2027* IMF $41,888 - -
2026* IMF $40,582 - -
2025* IMF $38,040 - -
2025 $38,040 +$2,713 #34
2024 $35,327 +$2,014 #41
2023 $33,493 +$3,339 #48
2022 $30,319 −$473 #53
2021 $30,799 +$3,611 #49
2020 $27,234 −$2,430 #46
2019 $29,787 −$740 #50
2018 $30,602 +$2,276 #49
2017 $28,381 +$1,656 #50
2016 $26,756 +$769 #48
2015 $25,982 −$3,755 #49
2014 $29,708 +$410 #45
2013 $29,229 +$718 #43
2012 $28,456 −$3,311 #46
2011 $31,825 +$1,200 #43
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.0% GDP growth 2.5% C/A balance 2.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Spain matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Spain's gdp per capita?▾

Spain's gdp per capita was $38,040 in 2025. Ranked 34th globally. This represents a 7.7% increase from the previous year.

What was the highest gdp per capita in Spain?▾

Spain's gdp per capita peaked at $38,040 in 2025.

What was the lowest gdp per capita in Spain?▾

The lowest gdp per capita in Spain was $408 in 1960.

How does Spain rank in gdp per capita?▾

Spain ranks 34th globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of Spain in 2025?▾

Spain's gdp per capita is projected to reach $38,040 by 2025 based on IMF projection.

What is the gdp per capita of Spain in 2025?▾

The gdp per capita of Spain in 2025 was $38,040. This ranks 34th in the world.

Cite this page

APA
Spain GDP per Capita. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/spain/gdp-per-capita/
BibTeX
@misc{historysaid_spain_gdp-per-capita, title = {Spain GDP per Capita}, url = {https://historysaid.com/spain/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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