Economic Vision
GDP
Average income per person and per household
Data up to 2024Average net and gross income per person and per household in Formentera, from the tax data of INE's Household Income Distribution Atlas. Series since 2015, updated automatically.
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| Period | Average net income per person (€) | Average gross income per person (€) | Average net income per household (€) | Average gross income per household (€) |
|---|---|---|---|---|
| 2015 | 11,211 | 13,733 | 33,208 | 40,678 |
| 2016 | 11,798 | 14,730 | 35,518 | 44,346 |
| 2017 | 12,609 | 15,807 | 37,349 | 46,820 |
| 2018 | 13,392 | 16,745 | 39,445 | 49,321 |
| 2019 | 14,529 | 18,269 | 42,365 | 53,270 |
| 2020 | 13,125 | 16,504 | 36,852 | 46,341 |
| 2021 | 15,073 | 19,321 | 41,626 | 53,358 |
| 2022 | 16,325 | 21,129 | 44,234 | 57,252 |
| 2023 | 18,860 | 24,630 | 52,443 | 68,489 |
| 2024 | 20,043 | 26,191 | 55,964 | 73,132 |
Household Income Distribution Atlas (ADRH), table 30824, municipality of Formentera. Income for year t is published at the end of year t+2.
Income per consumption unit: mean and median
Data up to 2024Net income per consumption unit in Formentera (adjusted for household size and composition): mean and median. The gap between them indicates the degree of inequality. INE, updated automatically.
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| Period | Mean income per consumption unit (€) | Median income per consumption unit (€) |
|---|---|---|
| 2015 | 17,994 | 14,350 |
| 2016 | 19,165 | 15,050 |
| 2017 | 20,274 | 16,450 |
| 2018 | 21,367 | 17,150 |
| 2019 | 23,222 | 18,550 |
| 2020 | 21,505 | 17,150 |
| 2021 | 24,476 | 19,950 |
| 2022 | 26,429 | 21,350 |
| 2023 | 29,184 | 22,750 |
| 2024 | 30,824 | 24,150 |
Household Income Distribution Atlas (ADRH), table 30824, municipality of Formentera. Consumption unit per the modified OECD scale.
GDP of the Balearic Islands
Data up to 2025Gross domestic product of the Balearic Islands at current prices, in millions of euros. INE does not publish GDP for Formentera; household income for the municipality is in the income chart. Updated automatically.
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| Period | GDP at current prices (million euros) |
|---|---|
| 2000 | 16,505.108 |
| 2001 | 17,867.937 |
| 2002 | 18,912.404 |
| 2003 | 19,867.979 |
| 2004 | 21,228.501 |
| 2005 | 22,962.215 |
| 2006 | 24,935.415 |
| 2007 | 26,749.452 |
| 2008 | 27,892.127 |
| 2009 | 26,770.42 |
| 2010 | 26,797.013 |
| 2011 | 26,646.25 |
| 2012 | 26,224.305 |
| 2013 | 26,227.926 |
| 2014 | 27,108.615 |
| 2015 | 28,653.742 |
| 2016 | 30,233.284 |
| 2017 | 31,746.251 |
| 2018 | 33,185.968 |
| 2019 | 34,350.576 |
| 2020 | 26,669.106 |
| 2021 | 30,512.146 |
| 2022 | 37,189.162 |
| 2023 | 41,385.855 |
| 2024 (p) | 45,126.983 |
| 2025 (p) | 48,333.714 |
(p) provisional figure
Spanish Regional Accounts (INE), series since 2000. The last two years are advance and provisional estimates that INE revises with each release. Table 82284.
GDP of Spain
Data up to 2025Gross domestic product of Spain at current prices, in millions of euros, as a reference for the Balearic series. Updated automatically.
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| Period | GDP at current prices (million euros) |
|---|---|
| 2000 | 647,569 |
| 2001 | 700,958 |
| 2002 | 749,744 |
| 2003 | 802,683 |
| 2004 | 860,059 |
| 2005 | 928,122 |
| 2006 | 1,004,976 |
| 2007 | 1,077,541 |
| 2008 | 1,112,432 |
| 2009 | 1,072,990 |
| 2010 | 1,077,145 |
| 2011 | 1,068,690 |
| 2012 | 1,035,964 |
| 2013 | 1,025,652 |
| 2014 | 1,038,949 |
| 2015 | 1,087,112 |
| 2016 | 1,122,967 |
| 2017 | 1,170,024 |
| 2018 | 1,212,276 |
| 2019 | 1,253,710 |
| 2020 | 1,129,214 |
| 2021 | 1,235,474 |
| 2022 | 1,375,863 |
| 2023 | 1,496,277 |
| 2024 (p) | 1,598,588 |
| 2025 (p) | 1,690,012 |
(p) provisional figure
Spanish Regional Accounts (INE), series since 2000. The last two years are advance and provisional estimates that INE revises with each release. Table 82284.
GDP per capita: Balearic Islands and Spain
Data up to 2025Gross domestic product per inhabitant at current prices, in euros, for the Balearic Islands and Spain as a whole. Updated automatically.
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| Period | Balearic Islands (€) | Spain (€) |
|---|---|---|
| 2000 | 20,045 | 15,968 |
| 2001 | 21,350 | 17,195 |
| 2002 | 21,837 | 18,099 |
| 2003 | 22,109 | 19,023 |
| 2004 | 22,975 | 20,067 |
| 2005 | 24,054 | 21,257 |
| 2006 | 25,259 | 22,655 |
| 2007 | 26,092 | 23,820 |
| 2008 | 26,377 | 24,192 |
| 2009 | 24,832 | 23,141 |
| 2010 | 24,638 | 23,133 |
| 2011 | 24,324 | 22,866 |
| 2012 | 23,810 | 22,160 |
| 2013 | 23,719 | 22,019 |
| 2014 | 24,454 | 22,375 |
| 2015 | 25,732 | 23,437 |
| 2016 | 26,922 | 24,188 |
| 2017 | 28,001 | 25,156 |
| 2018 | 28,906 | 25,950 |
| 2019 | 29,458 | 26,625 |
| 2020 | 22,611 | 23,851 |
| 2021 | 25,807 | 26,094 |
| 2022 | 31,030 | 28,792 |
| 2023 | 33,900 | 30,945 |
| 2024 (p) | 36,369 | 32,708 |
| 2025 (p) | 38,510 | 34,237 |
(p) provisional figure
Spanish Regional Accounts (INE), series since 2000. The last two years are advance and provisional estimates that INE revises with each release. Table 82285.
Real GDP growth: Balearic Islands and Spain
Data up to 2025Annual change in GDP volume, that is, net of price effects, for the Balearic Islands and Spain. Updated automatically.
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| Period | Balearic Islands (%) | Spain (%) |
|---|---|---|
| 2001 | 2.6 | 3.9 |
| 2002 | 0.7 | 2.8 |
| 2003 | 1.2 | 2.9 |
| 2004 | 2.1 | 3.1 |
| 2005 | 3.7 | 3.6 |
| 2006 | 3.6 | 4 |
| 2007 | 3.6 | 3.5 |
| 2008 | 1.6 | 0.8 |
| 2009 | -4.1 | -3.8 |
| 2010 | -0.6 | 0.1 |
| 2011 | -0.1 | -0.6 |
| 2012 | -1.3 | -2.9 |
| 2013 | -1.2 | -1.4 |
| 2014 | 3.2 | 1.5 |
| 2015 | 4.3 | 4.1 |
| 2016 | 4.2 | 2.9 |
| 2017 | 3 | 2.9 |
| 2018 | 3 | 2.4 |
| 2019 | 1.9 | 2 |
| 2020 | -22.7 | -10.9 |
| 2021 | 11.5 | 6.7 |
| 2022 | 16.1 | 6.4 |
| 2023 | 3.5 | 2.4 |
| 2024 (p) | 3.9 | 3.7 |
| 2025 (p) | 2.5 | 2.6 |
(p) provisional figure
Spanish Regional Accounts (INE), series since 2000. The last two years are advance and provisional estimates that INE revises with each release. Table 82286 (chain-linked volume indices).
Annual GDP growth of Spain
The following data represent the evolution of the economic indicator, Spain's annual GDP in millions of euros. The chart below represents the variation of the annual GDP from one year to the next in %. The table also expresses the annual GDP variation in bars, colored green when the variation expresses positive values and red when the values are negative.
GDP per capita evolution in Spain
The following data represent the evolution of the economic indicator, GDP per capita in euros for Spain. The chart below shows the year-on-year percentage change in GDP per capita.
Annual GDP growth of the Balearic Islands
The following data represent the evolution of the economic indicator, the annual GDP in millions of euros for the Balearic Islands. The graph below shows the annual GDP variation from one year to the next in %. The table also shows the annual GDP variation in bars, colored green when the variation expresses positive values and red when the values are negative.
Evolution of GDP per capita in the Balearic Islands
The following data represent the evolution of the economic indicator, GDP per capita in euros, for the Balearic Islands. The chart below shows the year-on-year percentage change in GDP per capita.
Comparative analysis of annual GDP evolution and variation between Spain and the Balearic Islands
A comparison is presented between the evolution of the economic indicator, annual GDP, and its variation between Spain and the Balearic Islands.
Comparative evolution of GDP per capita and variation between Spain and the Balearic Islands
A comparison is presented between the evolution of the economic indicator, GDP per capita, and its variation between Spain and the Balearic Islands.
Gross disposable income Balearic Islands and Formentera
The data related to the gross disposable income in thousands of euros and the gross disposable income per capita in euros for the Balearic Islands and Formentera are presented. Definitive data covering the history from 2012 to the present are presented.