Manufacturing Sector Contribution to GDP in Spain (1990-2022)

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Key Takeaways

Spain’s manufacturing share in GDP started at in 1995, following a gradual decline in the early 2000s, influenced by the country’s shift towards tourism and services. The 2008 global financial crisis saw a sharper drop, reaching by 2009, reflecting Spain’s heavy reliance on the construction and service sectors. Modest stabilization efforts have kept the sector around in recent years, with a slight recovery in 2021 and 2022 to , largely due to increased support for industrial modernization and EU-funded recovery initiatives.

Find out more through related statistics on Spain’s urbanization rate, Spain’s services sector share in GDP, Spain’s annual GDP.

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