The data displays the growth of the real gross domestic product in Spain from 2012 to 2017, with projections up until 2022. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. Spain's real GDP growth in 2017 was about 3.05% compared to the previous year.
Spain's recovering economy
Spain maintains a relatively important role as a member of the European Union as well as the World Trade Organization.
