The following estimates of per capita income of the world was made by angus maddison emeritus professor, university of groningen, 1999 in his article poor until 1820. More than 150 years after the end of the civil war, scores of websites, articles, and. The economy of spain is the worlds thirteenthlargest by nominal gdp as well as one of the. Spanish economic growth in the long run vox, cepr policy portal.
The gdp per capita in spain is equivalent to 262 percent of the worlds average. These are lists of regions and countries by their estimated real gross domestic product gdp per capita in terms of purchasing power parity ppp, the value of all final goods and services produced within a countryregion in a given year divided by population size. All suggestions for corrections of any errors about spain economy 2015 should be addressed to the cia. Jan 30, 2018 for a discussion of the limitations of gdp see. Europe spain the world factbook central intelligence. These are lists of regions and countries by their estimated real gross domestic product. It tells you how prosperous a country feels to each of its citizens. Spain gross domestic product gdp per capita 2024 statista. Gdp per capita is calculated by dividing either nominal or real gdp for a given year by the population in that year. Gdp per capita based on ppp of spain increased from 24,148 international dollars in 2000 to 41,592 international dollars in 2019 growing at an average annual rate of 2.
That makes it a good measurement of a countrys standard of living. Gdp per capita dollar international dollar estimates here are derived from ppp estimates. Hci and gdp per capita ppp log scale, horizontal axis productivity relative to benchmark of complete education and full health. Due to its own economic development and the eu enlargements to 28 members, by 2007 spain had achieved a gdp per capita of 105 % of european unions average, which placed it slightly ahead of italy 103 %. List of regions by past gdp ppp wikipedia republished. For the national gdp per capita, the euro figure is.
List of regions by past gdp ppp wikimili, the best. From 1850 to 2015 while population trebled, real gdp per head in spain experienced nearly a 16fold increase, growing at an annual rate of 1. Spain the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. Country comparison gdp per capita ppp download gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year.
No claims are made regarding the accuracy of spain economy 2015 information contained here. Purchasing power parity means how much money would be needed to. Gdp per capita is a measure of a countrys economic output that accounts for its number of people. In one lifetime, gdp, or gross domestic product, has ballooned from a narrow economic tool into a global article of faith. This page is a list of the countries of the world by gross domestic product at purchasing.
Gdp per capita ppp gdp official exchange rate tweet. The gross domestic product gdp per capita is the national output, divided by the population, expressed in u. Spain happened to stay by that time at 107% of the level, well above italy who was still above the average 101%, and catching up with countries like france 111%. Map showing gdp in 1990 created by reddit user trinitronbxb. This article covers the development of spains economy over the course of its history.
Pdf new estimates of regional gdp in spain, 18601930. For all the hundreds, and really thousands, of years before 1870, the average gdp per capita was even lower. Spain gdp 19602019 data 20202022 forecast historical. Gdp per capita ppp based is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. Purchasing power parity means how much money would be needed to buy the same item in two different countries.
Palgrave studies in economic history is designed to illuminate and enrich our. Nevertheless, our model of real economic growth will also undergo a. Three regions were included in the leading eu group exceeding 125% of the gdp per capita average level. All the countries listed have experienced significant growth in gdp ppp per capita since 1890, most by a factor of 10 or more. The economy of spain is the worlds thirteenthlargest by nominal gdp as well as one of the largest in the world by purchasing power parity.
In the longterm, the spain gdp per capita is projected to trend around 34600. On the discrepancies between the original maddison dataset. This statistic compares the gross domestic product gdp per capita of catalonia, spain and the eurozone average between 2004 and 2018. Spain gdp current prices values, historical data and charts. For estimations of percapita gdp in history, see list of regions by past gdp ppp per capita. In 19, argentina had a great economy, with the 10th largest. Mar 18, 2020 for estimations of percapita gdp in history, see list of regions by past gdp ppp per capita. The gdp per capita in spain is equivalent to 262 percent of. Per capita gdp is a measure of the total output of a country that takes gross domestic product gdp and divides it by the number of people in the country. This entry shows where production takes place in an economy. Economic growth in spain, 18502000, explorations in economic history 47 4.
This page provides the latest reported value for spain gdp plus previous releases, historical high and. S dollars per person, for the latest year for which data is published. Cia world fact book all values, unless otherwise stated, are in us dollars. Nov 25, 2019 this statistic shows the gross domestic product gdp per capita in spain from 1984 to 2018, with projections up until 2024. Global finance magazine spain gdp and economic data. Dollars, annual, not seasonally adjusted 1960 to 2018 dec 20. Oct 14, 2017 both would be poorer than spain with catalonia. The gross domestic product per capita in spain was last recorded at 33146. Ranked lists of spanish autonomous communities wikipedia. If thats not enough, click over to our collection of world maps and flags. Gdp per capita in spain is expected to reach 34100.
Facts and statistics about the gdp composition by sector of spain. The country is a member of the european union, the organization for economic cooperation and development and the world trade organization. By comparison, per capita incomes in the czech republic increased by only threequarters, in hungary by barely half, while the eurozones performance improved by less than 40%. This is a list of countries of the world sorted by their gross domestic product gdp. Mar 14, 2020 gdp per capita is a measure of a countrys economic output that accounts for its number of people. This column argues that the data demonstrates that gdp per capita. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by. Check out our country profile, full of essential information about spains geography, history, government, economy, population, culture, religion and languages. Annual percentage growth rate of gdp per capita based on constant local currency. European gdp per capita in 1990 compared to 2016 brilliant maps. Modern economic growth is defined by the sustained improvement in gdp per head.
On the other hand the gdp per capita and the levels of unemployment remain the worst in europe. Spain gdp per capita 19602018 data historical chart news. Grp per capita spanish autonomies by grp per capita in euros, 5 and converted to united states dollars according to annual exchange rates. Spain gdp current prices values, historical data and charts was last updated on april of 2020. These are lists of regions and countries by their estimated real gross domestic product gdp in terms of purchasing power parity ppp, the value of all final goods and services produced within a. Gdp per capita is gross domestic product divided by midyear. List of regions by past gdp ppp per capita wikimili, the. Total us dollars capita 19992018 spain red, oecd total black total us dollars capita 2018 spain red trade in goods and services indicator. The original maddison dataset has portuese gdp per person as 425 in, 606 in 1500, 740 in 1600, 819 in 1700, and 923 for 1820. The subject of black confederates is one of the most misunderstood topics in american history.
Total us dollarscapita 19992018 spain red, oecd total black total us dollarscapita 2018 spain red trade in goods and services indicator. High unemployment strained spains public finances, as spending on social benefits increased while tax revenues fell. Gdp per capita is calculated by dividing either nominal or real gdp for a. Economic activity held healthy and stable in the fourth quarter of 2019, according to a second gdp estimate released by the national statistics institute ine on 31 march. Though spain gdp per capita growth fluctuated substantially in recent years, it tended to decrease through 1969 2018 period ending at 2. World economics makes available of worlds most comprehensive gdp database covering over countries with historical gdp ppp data from 18702018, building on the lifetimes work of angus maddison. In this regard, according to eurostats estimates for 2007 gdp per capita for the eu27. In 19, argentina had a great economy, with the 10th. Why did the argentinian economy go from major prosperity and growth in the 19th century to early 20th century, only to collapse into spiralling debt and inflation. As the little big number demonstrates, this spells trouble. These are lists of regions and countries by their estimated real gross domestic product gdp in terms of purchasing power parity ppp, the value of all final goods and services produced within a countryregion in a given year. Open access this book is licensed under the terms of the creative commons attribution 4. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i.
Spain gdp per capita euros second estimate revises growth down in q4 2019 but remains healthy. Gross domestic product gdp is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually. There is a long history of mining in the pyrenees tin, tungsten, talc, fluorite, barium, and gold. List of regions by past gdp ppp per capita wikipedia. These numbers can be thought of as the average share of output per person. The agricultural sector in spain, india, or morocco was much more productive than. This is a list of countries of the world sorted by their gross domestic product gdp per capita. Spain lies south of the range, france is to the north, and andorra is entirely within the range near the eastern snow patch. The gross domestic product gdp of an economy is a measure of total production. The poverty of the andalucian countryside has been largely eliminated and its people have regained their pride in the local culture, which flourishes alongside the benefits of improved roads, modern health care and hightech infrastructures. Gdp refers to the total market value of all goods and services that are. List of countries by gdp nominal per capita simple. Gdp nominal per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. The growth rate of real gdp per capita in the biggest oecd countries is.
Mar 12, 2020 this statistic compares the gross domestic product gdp per capita of catalonia, spain and the eurozone average between 2004 and 2018. After the fall of the roman empire, the west entered a recession that lasted about a millennium. In 2015 spain was the 8th largest automobile producer country in the world and the 2nd largest car manufacturer in europe after germany. However, there is a wide variation in the amount of. Spain since the end of the great recession spain s industry. Europe spain the world factbook central intelligence agency. List of countries by gdp ppp per capita simple english. It divides the countrys gross domestic product by its total population. Spains performance in comparative perspective springerlink. Gdp per capita in spain real gdp per capita in spain. List of spanish autonomous communities by gross domestic. Aug 30, 2019 per capita gdp is a measure of the total output of a country that takes gross domestic product gdp and divides it by the number of people in the country.
The distribution gives the percentage contribution of agriculture, industry, and services to total gdp, and will total 100 percent of gdp if the data are complete. For the national gdp per capita, the euro figure is converted from us dollars. Exports % of gdp 20002019 spain red exports % of gdp 2019 spain red. The human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. This page provides the latest reported value for spain gdp current prices plus previous releases, historical high and low, shortterm forecast and longterm prediction, economic calendar, survey consensus and news. Gdp refers to the total market value of all goods and. By the early 1950s, per capita gross domestic product gdp was barely 40% of. A new set of historical national accounts for spain constructs estimates of. List of regions by past gdp ppp per capita wikimili. From the longterm perspective of social history, we know that economic.
A textbook analogy of inertia at work from mechanics is rotation of a mass on a rope. The map above, which shows gdp per capita for european countries in 1990 just as the iron curtain was falling, reveals a general increase as one travels from east to west and from south to north. Part of the palgrave studies in economic history book series pehs. This statistic shows the gross domestic product gdp per capita in spain from 1984 to 2018, with projections up until 2024. Jan 30, 2018 map showing gdp in 1990 created by reddit user trinitronbxb. In 19, argentina had a great economy, with the 10th largest gdp per capita in the world, in 2017 it was number 63, what happened. The estimate of living standards that we used in figure 1. On paper, catalonia would be richer, as it has more industry, is better developed as a whole and has a higher gdp per capita.
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