Spain’s manufacturing share in GDP started at 16.3% 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 11.6% by 2009, reflecting Spain’s heavy reliance on the construction and service sectors. Modest stabilization efforts have kept the sector around 11% in recent years, with a slight recovery in 2021 and 2022 to 11.4%, 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.
