Spain economy graph showing purchasing power parity (PPP) growth from 2000 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
Spains GDP per capita (PPP) in 2023 was about $47,300, showing a strong developed economy. Its economy is led by services (especially tourism), manufacturing, and agriculture, including wine and olive oil production.