Spain economy size measured in Power Purchasing Parity, i.e. comparing relative standard of living and ability to afford goods and services. Spain’s Gross Domestic Product (GDP) chart showing historical economic growth as measured in PPP international dollars.
Spain: Spain has a sizable GDP PPP, consistent with its status as one of the larger economies in the Eurozone. The countrys economy is fueled by tourism, manufacturing, and services, with growing strength in renewables and tech sectors. Per capita GDP PPP is relatively high, though still below the EUs top economies, reflecting the lingering effects of past financial crises and a still-elevated unemployment rate in some regions. Nonetheless, Spain maintains a strong social welfare system, modern infrastructure, and a resilient middle class, which contribute to a solid per capita standing in PPP terms.
