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Economy, jobs and prices in Málaga (Andalusia, Spain): official figures

GDP per person was 26,200 purchasing power standards (PPS) in 2023, 68% of the EU average (91% for Spain); 47th highest of 59 provinces in Spain.

GDP per person (PPS)
26,200
2023
People in work
709,100
2023
Net income per person (€)
13,737
2024

How big is the economy of Málaga?

The local economy produced €41.2 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Málaga?

About 709,100 people worked in Málaga in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the average income in Málaga province?

In 2024 the average resident of Málaga had a net income of €13,737, against €15,948 across Spain; that ranks Málaga 14th lowest of the country's 59 provinces and islands.

Source: Instituto Nacional de Estadística (INE) · saved copy

How fast are incomes growing in Málaga province?

Net income per person in Málaga rose 6.1% between 2023 and 2024 and has grown 58% since 2015 (from €8,688); that growth ranks 3rd fastest of 56 among the provinces and islands with figures back to 2015.

Source: Instituto Nacional de Estadística (INE) · saved copy

What is the average household income in Málaga province?

The average household in Málaga had a net income of €35,844 in 2024 (€43,646 before tax and social security contributions), compared with €40,605 for Spain.

Source: Instituto Nacional de Estadística (INE) · saved copy

What is the median income in Málaga province?

Median income per consumption unit, which adjusts for household size, was €17,850 in Málaga in 2024 (Spain: €19,950), 16th lowest of 59; the mean was €20,514, so the median sat 13% below it.

Source: Instituto Nacional de Estadística (INE) · saved copy

What is the main industry in Málaga?

The largest part of the economy of Málaga in 2023 was trade, transport, hospitality and communications, at 29.8% of gross value added, followed by finance, property and business services (29.0%).

Source: Eurostat · saved copy

How industrial is Málaga?

Industry (manufacturing, mining and energy) made up 6.1% of output in 2023, against 16.1% for Spain.

Source: Eurostat · saved copy

How fast is the economy of Málaga growing?

Gross value added rose from €25.3 billion in 2015 to €37.6 billion in 2023 in current prices, an increase of 49% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Málaga?

Of the 709,100 jobs located in Málaga in 2023, 30% in public services, education, health and other services, 5% in industry and 2.8% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Málaga?

The number of people working in Málaga rose by 26.2% between 2015 and 2023, to 709,100.

Source: Eurostat · saved copy

More figures

How Málaga compares with other provinces in Spain

Net income per person (2024)

Málaga ranks 46 of 59, highest first.

RankAreaNet income per person
43Albacete€13,873
44Sevilla€13,827
45Fuerteventura€13,807
46Málaga€13,737
47Cuenca€13,624
48Cáceres€13,614
49Granada€13,509
Source: Instituto Nacional de Estadística (INE) · saved copy

Median income per consumption unit (2024)

Málaga ranks 44 of 59, highest first.

RankAreaMedian income per consumption unit
41Albacete€17,850
42Ávila€17,850
43Ceuta€17,850
44Málaga€17,850
45Melilla€17,850
46Murcia€17,850
47Sevilla€17,850
Source: Instituto Nacional de Estadística (INE) · saved copy

Growth in net income per person since 2015 (2015-2024)

Málaga ranks 3 of 56, highest first.

RankAreaGrowth in net income per person since 2015
1La Palma76.9%
2Eivissa y Formentera62.6%
3Málaga58.1%
4Lanzarote58.1%
5Menorca57.2%
6El Hierro56.1%
7Tenerife55.9%
Source: Instituto Nacional de Estadística (INE) · saved copy

Share of output from industry (manufacturing, mining and energy) (2023)

Málaga ranks 51 of 59, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
48Gran Canaria7.1%
49Tenerife6.6%
50La Palma6.1%
51Málaga6.1%
52Almería6.1%
53Mallorca5.5%
54Ceuta5.2%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2023)

Málaga ranks 3 of 59, highest first.

RankAreaShare of output from finance, property and business services
1Madrid34.2%
2Mallorca30.0%
3Málaga29.0%
4Barcelona29.0%
5Alicante/Alacant26.7%
6Tenerife26.5%
7Bizkaia26.2%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2023)

Málaga ranks 24 of 59, highest first.

RankAreaShare of output from public administration, education, health and other services
21Teruel23.8%
22Segovia23.6%
23Soria23.5%
24Málaga23.5%
25Ciudad Real23.2%
26Alicante/Alacant23.0%
27Valladolid22.7%
Source: Eurostat · saved copy

More on Málaga: overview · poverty and living standards · government budget · Andalusia · Spain

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