Country Profile

Capital Madrid
Population 49.3M
GDP $1.73T (2024)
GDP per Capita $35,327
Income Level High Income
Currency euro (EUR €)
Language Spanish
Timezone UTC
Region Europe · Southern Europe

Trade Partners

Spain Exports To

  • France 15.0%
  • Germany 10.0%
  • Portugal 9.0%
  • Italy 9.0%
  • UK 6.0%

Key exports: cars, packaged medicine, refined petroleum, vehicle parts/accessories, garments (2023)

Spain Imports From

  • Germany 11.0%
  • China 10.0%
  • France 10.0%
  • Italy 7.0%
  • USA 7.0%

Key imports: crude petroleum, cars, garments, vehicle parts/accessories, natural gas (2023)

Economic Overview

high-income, core-EU and eurozone economy; strong growth driven by public consumption, tourism, and other service exports; tight labor market despite high structural unemployment; efforts to narrow persistent fiscal deficits through tax and spending measures; high but declining unemployment supported by job growth and immigration

Government: parliamentary constitutional monarchy

UK Trade Status

FTA in Force

The UK has a free trade agreement with Spain, providing preferential market access for UK exporters.

Geographic Region

Trading Bloc Memberships

Spain is a member of the following trade agreements and economic blocs.

Export Guidance

Relevant guidance for exporting to Spain.

Start Your Export Journey

Also in This Region

Official Resources

Government export support for Spain.