Population: 47 million in 20131
GDP: $1.36 trillion in 20132
GDP per capita: $29,863 nominal3 ($32,103 PPP4) in 2013
GDP growth rate: 1.4% in 20145
GDP by Industry 20126
Industry sector | Value added ($ billions) 2012 | Percent of total |
Other activities | 561 | 42.1% |
Wholesale, retail trade, restaurants and hotels | 279 | 20.9% |
Manufacturing | 178 | 13.3% |
Construction | 127 | 9.5% |
Transport, storage and communication | 105 | 7.9% |
Mining and utilities | 51 | 3.8% |
Agriculture, hunting, forestry, fishing | 33 | 2.5% |
Total value added | 1,334 | 100% |
Unemployment rate: 26.6% in 20137
Employment by Industry 20138
Employment sector | Employees (thousands) 2013 | Percent of total |
Wholesale trade, retail trade and repair of motor vehicles | 2,847 | 16.6% |
Manufacturing | 2,119 | 12.4% |
Human health and social work | 1,366 | 8.0% |
Accommodation and food service | 1,333 | 7.8% |
Public administration and defence | 1,277 | 7.5% |
Education | 1,164 | 6.8% |
Construction | 1,029 | 6.0% |
Administrative and support service | 883 | 5.2% |
Professional, scientific and technical | 837 | 4.9% |
Transportation and storage | 832 | 4.9% |
Agriculture, forestry and fishing | 737 | 4.3% |
Activities of households as employers | 670 | 3.9% |
Information and communication | 523 | 3.1% |
Finance and insurance | 454 | 2.6% |
Other service | 420 | 2.4% |
Arts, entertainment and recreation | 316 | 1.8% |
Water supply, sewerage and waste management | 128 | 0.7% |
Real estate | 92 | 0.5% |
Electricity, gas, steam and air conditioning | 79 | 0.5% |
Mining and quarrying | 30 | 0.2% |
Extraterritorial organizations and bodies | 7 | 0.0% |
Total employment | 17,139 | 100% |
Top 8 Corporations by Revenue 2013* 9
Rank | Corporation | Revenue ($ billions) 2013 | Profit ($ billions) 2013 | Assets ($ billions) 12/31/13 | Industry |
1 | Banco Santander | 84 | 5.0 | 1,313 | Finance |
2 | Telefonica | 69 | 5.9 | 140 | Telecommunications |
3 | Repsol | 66 | 0.2 | 77 | Energy |
4 | Groupo ACS | 45 | 0.8 | 47 | Construction |
5 | Banco Bilbao Vizcaya Argentina | 42 | 2.5 | 686 | Finance |
6 | Iberdrola | 39 | 3.3 | 109 | Energy |
7 | Gas Natural Fenosa | 29 | 1.7 | 53 | Energy |
8 | Mapfre Group | 25 | 0.9 | 67 | Finance |
* Corporate data calculated using the exchange rate .8482 EUR = 1 USD
Household Wealth: $5.03 trillion (370% of GDP) in 201410
Household Wealth per Adult: $134,824 in 201410
Gini Coefficient: .358 in 201011
Central Government
Central Government Revenue: $505 billion (37% of GDP) in 201312
Central Government Expenditure: $597 billion (44% of GDP) in 201312
Central Government Budget Balance: -$92 billion (-7% of GDP) in 201312
Central Government Public Debt: $1.08 trillion (79% of GDP) in Q2 2014* 13
Central Government 10 Year Bond Interest Rate: 1.72% on Jan 11, 201514
* Public debt calculated with the exchange rate .8482 EUR = 1 USD
Public Funds
N/A
Tax Structure
Personal Income Tax Rates and Thresholds in 2013* 15
Corporate Tax Rate: 30% in 201416
* Thresholds calcuated with the exchange rate .8482 EUR = 1 USD
Monetary Base (Euro area, M1): $6.85 trillion in Nov 2014* 17
Benchmark Interest Rate (Euro area): 0.05% in Sept 201418
Total Reserves: $46 billion (3% of GDP) in 201319
Exchange Rate: .8482 Euros = 1 U.S. Dollar on Jan 12, 201520
Inflation: 1.4% in 201321
* Money supply calcuated with the exchange rate .8482 EUR = 1 USD
Top 10 Financial Institutions by Assets 201322
Rank | Financial Institution | Assets ($ billions) 6/30/12* |
1 | Banco Santander | 1,524 |
2 | BBVA | 733 |
3 | CaixaBank | 420 |
4 | Bankia | 356 |
5 | Sabadell | 331 |
6 | Banco Popular | 186 |
7 | Ibercaja | 140 |
8 | Unicaja | 99 |
9 | Catalunya Banc | 92 |
10 | Kutxabank | 85 |
* Assets calcuated with the exchange rate .8482 EUR = 1 USD
Exports: $458 billion (34% of GDP) in 201323
Imports: $431 billion (32% of GDP) in 201323
Trade Balance: +$27 billion (+2% of GDP) in 201323
Foreign Direct Investment Inflow: $39 billion (3% of GDP) in 201324
Foreign Direct Investment Outflow: $26 billion (2% of GDP) in 201324
Foreign Aid Inflow: N/A
Foreign Aid Outflow: $2.4 billion (0.2% of GDP) in 201325
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: IMF World Economic Outlook (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: World Bank Indicators (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: OECD Stat Extracts, National Accounts, Quarterly Public Sector Debt (Public debt) Go back
14. Source: Bloomberg (Government bond yield) Go back
15. Source: OECD Stat Extracts, Public Sector, Tax Database (Individual tax rates) Go back
16. Source: Tax Foundation (Corporate tax rate) Go back
17. Source: ECB Monetary developments (Money supply) Go back
18. Source: ECB Key interest rates (Benchmark interest rate) Go back
19. Source: World Bank Indicators (Total reserves) Go back
20. Source: Yahoo Finance (Exchange rate) Go back
21. Source: World Bank Indicators (Inflation rate) Go back
22. Source: Relbanks.com (Financial institutions by assets) Go back
23. Source: CIA World Factbook (Trade data) Go back
24. Source: OECD FDI in Figures (FDI data) Go back
25. Source: OECD Aid Statisitcs (Aid outflow) Go back