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Economy, jobs and prices in Gipuzkoa (Basque Country, Spain): official figures

GDP per person was 43,800 purchasing power standards (PPS) in 2023, 114% of the EU average (91% for Spain); 3rd highest of 59 provinces in Spain.

GDP per person (PPS)
43,800
2023
People in work
362,400
2023
Net income per person (€)
20,790
2024

How big is the economy of Gipuzkoa?

The local economy produced €28.4 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Gipuzkoa?

About 362,400 people worked in Gipuzkoa in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the average income in Gipuzkoa province?

In 2024 the average resident of Gipuzkoa had a net income of €20,790, against €15,948 across Spain; that ranks Gipuzkoa the highest of the country's 59 provinces and islands.

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

How fast are incomes growing in Gipuzkoa province?

Net income per person in Gipuzkoa rose 6.0% between 2023 and 2024 and has grown 38% since 2016 (from €15,090); the atlas has figures for Gipuzkoa only from 2016.

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

What is the average household income in Gipuzkoa province?

Households in the province of Gipuzkoa took home €49,055 a year on average in 2024; before income tax and social security contributions the figure was €59,265. The national household average was €40,605.

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

What is the median income in Gipuzkoa province?

Median income per consumption unit, which adjusts for household size, was €26,950 in Gipuzkoa in 2024 (Spain: €19,950), the highest of 59; the mean was €30,038, so the median sat 10% below it.

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

What is the main industry in Gipuzkoa?

The largest part of the economy of Gipuzkoa in 2023 was industry (manufacturing, mining and energy), at 26.4% of gross value added, followed by finance, property and business services (23.0%).

Source: Eurostat · saved copy

How industrial is Gipuzkoa?

Industry (manufacturing, mining and energy) made up 26.4% of output in 2023, against 16.1% for Spain.

Source: Eurostat · saved copy

How fast is the economy of Gipuzkoa growing?

Gross value added rose from €19.0 billion in 2015 to €25.9 billion in 2023 in current prices, an increase of 37% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Gipuzkoa?

Of the 362,400 jobs located in Gipuzkoa in 2023, 33% in public services, education, health and other services, 23% in industry and 1.0% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Gipuzkoa?

The number of people working in Gipuzkoa rose by 13.2% between 2015 and 2023, to 362,400.

Source: Eurostat · saved copy

More figures

How Gipuzkoa compares with other provinces in Spain

Net income per person (2024)

Gipuzkoa ranks 1 of 59, highest first.

RankAreaNet income per person
1Gipuzkoa€20,790
2Bizkaia€19,858
3Madrid€19,277
4Araba/Álava€18,742
5Eivissa y Formentera€18,099
6Barcelona€17,884
7Navarra€17,701
Source: Instituto Nacional de Estadística (INE) · saved copy

Median income per consumption unit (2024)

Gipuzkoa ranks 1 of 59, highest first.

RankAreaMedian income per consumption unit
1Gipuzkoa€26,950
2Bizkaia€25,550
3Araba/Álava€24,150
4Navarra€23,975
5Eivissa y Formentera€23,450
6Madrid€23,450
7Barcelona€22,750
Source: Instituto Nacional de Estadística (INE) · saved copy

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

Gipuzkoa ranks 9 of 59, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
6Soria27.2%
7Castellón/Castelló26.8%
8Valladolid26.4%
9Gipuzkoa26.4%
10La Rioja26.4%
11Cáceres25.8%
12Zaragoza25.3%
Source: Eurostat · saved copy

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

Gipuzkoa ranks 19 of 59, highest first.

RankAreaShare of output from finance, property and business services
16Lanzarote24.2%
17Cádiz23.9%
18Eivissa y Formentera23.6%
19Gipuzkoa23.0%
20Ávila22.9%
21A Coruña22.8%
22Córdoba22.5%
Source: Eurostat · saved copy

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

Gipuzkoa ranks 30 of 59, highest first.

RankAreaShare of output from public administration, education, health and other services
27Valladolid22.7%
28Cantabria22.2%
29Asturias22.0%
30Gipuzkoa22.0%
31Huelva21.7%
32Murcia21.6%
33Ourense21.5%
Source: Eurostat · saved copy

More on Gipuzkoa: overview · poverty and living standards · government budget · Basque Country · Spain

Sources

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