Spain Private Consumption: % of GDP

Key information about Spain Private Consumption: % of GDP

• Spain Private Consumption accounted for 54.5 % of its Nominal GDP in Dec 2024, compared with a ratio of 56.2 % in the previous quarter.
• Spain Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1980 to Dec 2024, with an average share of 58.9 %.
• The data reached an all-time high of 68.6 % in Sep 1981 and a record low of 53.3 % in Jun 2020.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. National Statistics Institute provides Private Consumption Expenditure in EUR and Nominal GDP in EUR, based on ESA 2010. Private Consumption as % of Nominal GDP prior to Q1 1995 is based on ESA 1995 with benchmark year 1995.


Related information about Spain Private Consumption: % of GDP

• In the latest reports, Spain GDP expanded 4.2 % YoY in Mar 2023.
• Its Nominal GDP reached 378.4 USD bn in Mar 2023.
• Spain GDP Per Capita reached 30,157.4 USD in Dec 2021.
• Its Gross Savings Rate was measured at 23.7 % in Sep 2024.

View Spain's Private Consumption: % of GDP from Mar 1980 to Dec 2024 in the chart:

What was Spain's Private Consumption: % of GDP in Dec 2024?

Spain Private Consumption accounted for 54.5 % of its Nominal GDP in Dec 2024, compared with a ratio of 56.2 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
54.5 Dec 2024	56.2 Sep 2024	53.3 Jun 2020	68.6 Sep 1981	%	quarterly	Mar 1980 - Dec 2024

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