Economy, jobs and prices in Teruel (Aragón, Spain): official figures
GDP per person was 35,900 purchasing power standards (PPS) in 2023, 93% of the EU average (91% for Spain); 15th highest of 59 provinces in Spain.
How big is the economy of Teruel?
The local economy produced €4.3 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Teruel?
About 61,800 people worked in Teruel in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the average income in Teruel province?
Net income averaged €15,364 per resident in the province of Teruel in 2024, 96% of the Spanish average of €15,948 and 27th highest of Spain's 59 provinces and islands.
Source: Instituto Nacional de Estadística (INE) · saved copyHow fast are incomes growing in Teruel province?
Net income per person in Teruel rose 5.4% between 2023 and 2024 and has grown 41% since 2015 (from €10,911); that growth ranks 7th slowest of 56 among the provinces and islands with figures back to 2015.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the average household income in Teruel province?
The average household in Teruel had a net income of €36,517 in 2024 (€44,326 before tax and social security contributions), compared with €40,605 for Spain.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the median income in Teruel province?
Median income per consumption unit, which adjusts for household size, was €20,650 in Teruel in 2024 (Spain: €19,950), 24th highest of 59; the mean was €22,273, so the median sat 7% below it.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the main industry in Teruel?
The largest part of the economy of Teruel in 2023 was public administration, education, health and other services, at 23.8% of gross value added, followed by trade, transport, hospitality and communications (23.6%).
Source: Eurostat · saved copyHow industrial is Teruel?
Industry (manufacturing, mining and energy) made up 17.7% of output in 2023, against 16.1% for Spain.
Source: Eurostat · saved copyHow fast is the economy of Teruel growing?
Gross value added rose from €3.0 billion in 2015 to €3.9 billion in 2023 in current prices, an increase of 32% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Teruel?
Of the 61,800 jobs located in Teruel in 2023, 30% in public services, education, health and other services, 15% in industry and 11.5% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Teruel?
The number of people working in Teruel rose by 10.0% between 2015 and 2023, to 61,800.
Source: Eurostat · saved copyMore figures
- Within Aragón, net income per person in Teruel (€15,364 in 2024) was 6% below the regional average of €16,356, the lowest of the region's 3 provinces. Source: Instituto Nacional de Estadística (INE) · saved copy
- The median income per consumption unit in Teruel went from €14,350 in 2015 to €20,650 in 2024, a rise of 44%. Source: Instituto Nacional de Estadística (INE) · saved copy
How Teruel compares with other provinces in Spain
Net income per person (2024)
Teruel ranks 27 of 59, highest first.
| Rank | Area | Net income per person |
|---|---|---|
| 24 | Ceuta | €15,520 |
| 25 | Guadalajara | €15,467 |
| 26 | Salamanca | €15,458 |
| 27 | Teruel | €15,364 |
| 28 | Tarragona | €15,296 |
| 29 | Valencia/València | €15,180 |
| 30 | La Palma | €15,102 |
Median income per consumption unit (2024)
Teruel ranks 24 of 59, highest first.
| Rank | Area | Median income per consumption unit |
|---|---|---|
| 21 | León | €20,650 |
| 22 | Lleida | €20,650 |
| 23 | Palencia | €20,650 |
| 24 | Teruel | €20,650 |
| 25 | Pontevedra | €19,950 |
| 26 | Segovia | €19,950 |
| 27 | Tarragona | €19,950 |
Growth in net income per person since 2015 (2015-2024)
Teruel ranks 50 of 56, highest first.
| Rank | Area | Growth in net income per person since 2015 |
|---|---|---|
| 47 | La Rioja | 41.5% |
| 48 | Tarragona | 41.4% |
| 49 | Palencia | 41.3% |
| 50 | Teruel | 40.8% |
| 51 | Guadalajara | 40.2% |
| 52 | Madrid | 39.9% |
| 53 | Burgos | 39.6% |
Share of output from industry (manufacturing, mining and energy) (2023)
Teruel ranks 30 of 59, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 27 | A Coruña | 19.3% |
| 28 | Barcelona | 18.6% |
| 29 | Zamora | 18.3% |
| 30 | Teruel | 17.7% |
| 31 | Lleida | 17.5% |
| 32 | Segovia | 17.4% |
| 33 | Girona | 17.0% |
Share of output from finance, property and business services (2023)
Teruel ranks 58 of 59, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 53 | Ceuta | 17.9% |
| 54 | Ourense | 17.4% |
| 55 | Soria | 16.9% |
| 56 | Huesca | 16.5% |
| 57 | Cáceres | 16.0% |
| 58 | Teruel | 15.5% |
| 59 | Cuenca | 15.3% |
Share of output from public administration, education, health and other services (2023)
Teruel ranks 21 of 59, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 18 | Zamora | 25.1% |
| 19 | Toledo | 24.5% |
| 20 | Albacete | 23.9% |
| 21 | Teruel | 23.8% |
| 22 | Segovia | 23.6% |
| 23 | Soria | 23.5% |
| 24 | Málaga | 23.5% |
More on Teruel: overview · poverty and living standards · government budget · Aragón · Spain
Sources
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP per person, PPS (NUTS 3), read 23 October 2026 · saved copy (SHA-256 3bf0fc662f56…)
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP, million euros (NUTS 3), read 23 October 2026 · saved copy (SHA-256 096e15e5fdb3…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment, thousand people (NUTS 3), read 23 October 2026 · saved copy (SHA-256 664e4e3a6dc0…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment (thousand persons) by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 222a97c302d3…)
- Eurostat: Eurostat dataset nama_10r_3gva: Gross value added at basic prices by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 c656e8563bdf…)
- Instituto Nacional de Estadística (INE): Atlas de Distribución de Renta de los Hogares (ADRH) 2024: indicadores de renta media y mediana por provincias e islas, 2015-2024 (table 53689), read 23 October 2026 · saved copy (SHA-256 883851a1be5e…)
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