Spain

Spain climbed 3 places to 12th in 2025, overtaking South Korea to sit just behind Brazil, though most of the gain was the currency, not output. US$ GDP rose 10.5% to US$1.91 trillion while real growth ran at +2.8%; the gap was mostly exchange-rate and price effects. The economy is now about the size of Florida.

Services make up 68.4% of output and industry 19.6%, with manufacturing at 10.6% of GDP and agriculture at 2.7%. Unemployment stands at 10.4% and inflation was 2.7%. Government gross debt is 100.5% of GDP, according to the IMF.

GDP per capita of US$38,627 ranks 36th of 196, the same position Spain holds in PPP terms at $59,868 international dollars. The economy is 3.2 times its 2000 size of US$598.1 billion, when it ranked 11th. The IMF projects GDP of US$2.48 trillion by 2030, up 30%, though that forecast would place Spain 15th.