Economy, jobs and prices in Bizkaia (Basque Country, Spain): official figures
GDP per person was 42,900 purchasing power standards (PPS) in 2023, 112% of the EU average (91% for Spain); 4th highest of 59 provinces in Spain.
How big is the economy of Bizkaia?
The local economy produced €44.2 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Bizkaia?
About 535,900 people worked in Bizkaia in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the average income in Bizkaia province?
In 2024 the average resident of Bizkaia had a net income of €19,858, against €15,948 across Spain; that ranks Bizkaia 2nd highest of the country's 59 provinces and islands.
Source: Instituto Nacional de Estadística (INE) · saved copyHow fast are incomes growing in Bizkaia province?
Net income per person in Bizkaia rose 6.0% between 2023 and 2024 and has grown 42% since 2015 (from €13,949); that growth ranks 13th 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 Bizkaia province?
Households in the province of Bizkaia took home €47,017 a year on average in 2024; before income tax and social security contributions the figure was €56,870. The national household average was €40,605.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the median income in Bizkaia province?
Median income per consumption unit, which adjusts for household size, was €25,550 in Bizkaia in 2024 (Spain: €19,950), 2nd highest of 59; the mean was €28,704, so the median sat 11% below it.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the main industry in Bizkaia?
The largest part of the economy of Bizkaia in 2023 was finance, property and business services, at 26.2% of gross value added, followed by trade, transport, hospitality and communications (25.4%).
Source: Eurostat · saved copyHow industrial is Bizkaia?
Factories, mines and energy produced 20.1% of the value added in Bizkaia in 2023, against 16.1% for Spain.
Source: Eurostat · saved copyHow fast is the economy of Bizkaia growing?
Gross value added rose from €29.8 billion in 2015 to €40.3 billion in 2023 in current prices, an increase of 35% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Bizkaia?
Of the 535,900 jobs located in Bizkaia in 2023, 32% in public services, education, health and other services, 15% in industry and 0.9% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Bizkaia?
The number of people working in Bizkaia rose by 8.5% between 2015 and 2023, to 535,900.
Source: Eurostat · saved copyMore figures
- Within the Basque Country, net income per person in Bizkaia (€19,858 in 2024) was 1% below the regional average of €19,995, 2nd highest of the region's 3 provinces. Source: Instituto Nacional de Estadística (INE) · saved copy
- The median income per consumption unit in Bizkaia went from €18,550 in 2015 to €25,550 in 2024, a rise of 38%. Source: Instituto Nacional de Estadística (INE) · saved copy
How Bizkaia compares with other provinces in Spain
Net income per person (2024)
Bizkaia ranks 2 of 59, highest first.
| Rank | Area | Net income per person |
|---|---|---|
| 1 | Gipuzkoa | €20,790 |
| 2 | Bizkaia | €19,858 |
| 3 | Madrid | €19,277 |
| 4 | Araba/Álava | €18,742 |
| 5 | Eivissa y Formentera | €18,099 |
| 6 | Barcelona | €17,884 |
| 7 | Navarra | €17,701 |
Median income per consumption unit (2024)
Bizkaia ranks 2 of 59, highest first.
| Rank | Area | Median income per consumption unit |
|---|---|---|
| 1 | Gipuzkoa | €26,950 |
| 2 | Bizkaia | €25,550 |
| 3 | Araba/Álava | €24,150 |
| 4 | Navarra | €23,975 |
| 5 | Eivissa y Formentera | €23,450 |
| 6 | Madrid | €23,450 |
| 7 | Barcelona | €22,750 |
Growth in net income per person since 2015 (2015-2024)
Bizkaia ranks 44 of 56, highest first.
| Rank | Area | Growth in net income per person since 2015 |
|---|---|---|
| 41 | Cantabria | 43.1% |
| 42 | Lleida | 43.0% |
| 43 | Huesca | 42.4% |
| 44 | Bizkaia | 42.4% |
| 45 | Valladolid | 42.3% |
| 46 | Soria | 42.1% |
| 47 | La Rioja | 41.5% |
Share of output from industry (manufacturing, mining and energy) (2023)
Bizkaia ranks 24 of 59, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 21 | Pontevedra | 20.9% |
| 22 | Murcia | 20.7% |
| 23 | Ourense | 20.1% |
| 24 | Bizkaia | 20.1% |
| 25 | Albacete | 20.1% |
| 26 | Valencia/València | 19.7% |
| 27 | A Coruña | 19.3% |
Share of output from finance, property and business services (2023)
Bizkaia ranks 7 of 59, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 4 | Barcelona | 29.0% |
| 5 | Alicante/Alacant | 26.7% |
| 6 | Tenerife | 26.5% |
| 7 | Bizkaia | 26.2% |
| 8 | Tarragona | 26.0% |
| 9 | Valencia/València | 25.9% |
| 10 | Granada | 25.5% |
Share of output from public administration, education, health and other services (2023)
Bizkaia ranks 43 of 59, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 40 | Burgos | 20.9% |
| 41 | Pontevedra | 20.8% |
| 42 | Guadalajara | 20.7% |
| 43 | Bizkaia | 20.6% |
| 44 | Valencia/València | 20.4% |
| 45 | Almería | 20.4% |
| 46 | Lleida | 20.2% |
More on Bizkaia: overview · poverty and living standards · government budget · Basque Country · 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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