Spain Poverty Rate
Spain's poverty rate rose to 0.8% in 2022, up from 0.7% in 2021, according to World Bank. This represents an increase of 0.1% from the previous year. Spain has poverty rate lower than the global median (0.80% vs median 1.90%). Compared with the median in Europe, Spain is higher (0.80% vs regional median 0.30%) and ranks 10th out of 41 countries in Europe.
Spain's annual unemployment rate fell to 11.39% in 2024, down from 12.18% in 2023.
Yearly Historical Data (1980-2022)
(in %)Spain Poverty Rate : Definition
Poverty Rate measures the percentage of people in Spain living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).