Labor force | 24.108 million (2023 est.) |
---|---|
Industrial production growth rate | 1.94% (2023 est.) |
Industries | textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools, tourism, clay and refractory products, footwear, pharmaceuticals, medical equipment |
Population below poverty line | 20.2% (2022 est.) |
Taxes and other revenues | 15.82% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Currency | euros (EUR) per US dollar - |
Exchange rates 2023 | 0.925 (2023 est.) |
Exchange rates 2022 | 0.95 (2022 est.) |
Exchange rates 2021 | 0.845 (2021 est.) |
Exchange rates 2020 | 0.876 (2020 est.) |
Exchange rates 2019 | 0.893 (2019 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $103.089 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $92.905 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $92.201 billion (2021 est.) |
Current account balance | |
Current account balance 2023 | $41.094 billion (2023 est.) |
Current account balance 2022 | $8.095 billion (2022 est.) |
Current account balance 2021 | $10.893 billion (2021 est.) |
Public debt | |
Public debt 2022 | 111.43% of GDP (2022 est.) |
Budget | |
Revenues | $467.609 billion (2022 est.) |
Expenditures | $514.452 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 0.31% of GDP (2023 est.) |
Remittances 2022 | 0.3% of GDP (2022 est.) |
Remittances 2021 | 0.27% of GDP (2021 est.) |
Household income | |
Lowest 10% | 2.2% (2021 est.) |
Highest 10% | 24.7% (2021 est.) |
Average household expenditures | |
On food | 15.4% of household expenditures (2022 est.) |
On alcohol and tobacco | 4.3% of household expenditures (2022 est.) |
Imports | |
Imports 2023 | $550.576 billion (2023 est.) |
Imports 2022 | $561.49 billion (2022 est.) |
Imports 2021 | $479.392 billion (2021 est.) |
Imports (partners) | Germany 11%, China 10%, France 10%, Italy 7%, US 6% (2022) |
Comodities Imports force | crude petroleum, natural gas, garments, cars, vehicle parts/accessories (2022) |
Exports | |
Imports 2023 | $550.576 billion (2023 est.) |
Imports 2022 | $561.49 billion (2022 est.) |
Imports 2021 | $479.392 billion (2021 est.) |
Exports (partners) | France 17%, Germany 10%, Portugal 9%, Italy 8%, UK 6% (2022) |
Comodities Exports force | cars, refined petroleum, garments, packaged medicine, vehicle parts/accessories (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $2.242 trillion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $2.188 trillion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $2.068 trillion (2021 est.) |
GDP (official exchange rate) | $1.581 trillion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $46,400 (2023 est.) |
Real GDP per capita 2022 | $45,800 (2022 est.) |
Real GDP per capita 2021 | $43,600 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 2.3% (2023 est.) |
Industry | 20.2% (2023 est.) |
Services | 68.5% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 55.6% (2023 est.) |
Government consumption | 19.9% (2023 est.) |
Investment in fixed capital | 19.3% (2023 est.) |
Investment in inventories | 1% (2023 est.) |
Exports of goods and services | 39% (2023 est.) |
Imports of goods and services | -34.8% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 12.14% (2023 est.) |
Unemployment rate 2022 | 12.92% (2022 est.) |
Unemployment rate 2021 | 14.78% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 28.7% (2023 est.) |
Male | 28.8% (2023 est.) |
Female | 28.6% (2023 est.) |
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