Spain: opinion on the country's main problem 2024

As of June 2024, roughly 23 percent of the Spanish population believed that Spain's main current problem is related to the political issues. Unemployment, which was reported as the largest worrying factor in 2024, emerged as the third biggest problem in the country for the Spaniards, at approximately 20 percent.

Spanish economy

In 2023, the Gross Domestic Product (GDP) of Spain was 1,462 billion euros. Spain suffered a steep decrease in its GDP during the COVID-19 pandemic when its value dropped 0.128 billion euros from 2019 to 2020. However, since then the value has been in constant growth. In 2021, the expenditure of Spanish households on consumption represented approximately 55 percent of the GPD.

Unemployment in Spain

Spain was the country with the highest unemployment rate in the European Union in August 2023. This economic problem impacts mostly the Spanish youth with 43 percent of the population aged between 16 and 19 years being unemployed, followed by nearly 26 percent of Spanish citizens in the age group of 20 to 24 years. As of the third quarter of 2023, there were over 2.9 million people unemployed in the country.