Economy, jobs and prices in Toledo (Castilla-La Mancha, Spain): official figures
GDP per person was 26,000 purchasing power standards (PPS) in 2023, 68% of the EU average (91% for Spain); 49th highest of 59 provinces in Spain.
How big is the economy of Toledo?
The local economy produced €17.1 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Toledo?
About 259,700 people worked in Toledo in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the average income in Toledo province?
Net income averaged €13,208 per resident in the province of Toledo in 2024, 83% of the Spanish average of €15,948 and 7th lowest of Spain's 59 provinces and islands.
Source: Instituto Nacional de Estadística (INE) · saved copyHow fast are incomes growing in Toledo province?
Net income per person in Toledo rose 6.3% between 2023 and 2024 and has grown 49% since 2015 (from €8,845); that growth ranks 26th fastest 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 Toledo province?
The average household in Toledo had a net income of €34,736 in 2024 (€41,687 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 Toledo province?
Median income per consumption unit, which adjusts for household size, was €17,850 in Toledo in 2024 (Spain: €19,950), 12th lowest of 59; the mean was €19,769, so the median sat 10% below it.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the main industry in Toledo?
The largest part of the economy of Toledo in 2023 was public administration, education, health and other services, at 24.5% of gross value added, followed by industry (manufacturing, mining and energy) (23.8%).
Source: Eurostat · saved copyHow industrial is Toledo?
Industry (manufacturing, mining and energy) made up 23.8% of output in 2023, against 16.1% for Spain.
Source: Eurostat · saved copyHow fast is the economy of Toledo growing?
Gross value added rose from €10.7 billion in 2015 to €15.5 billion in 2023 in current prices, an increase of 45% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Toledo?
Of the 259,700 jobs located in Toledo in 2023, 31% in public services, education, health and other services, 17% in industry and 5.8% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Toledo?
The number of people working in Toledo rose by 20.9% between 2015 and 2023, to 259,700.
Source: Eurostat · saved copyMore figures
- Within Castilla-La Mancha, net income per person in Toledo (€13,208 in 2024) was 4% below the regional average of €13,720, the lowest of the region's 5 provinces. Source: Instituto Nacional de Estadística (INE) · saved copy
- The median income per consumption unit in Toledo went from €11,550 in 2015 to €17,850 in 2024, a rise of 55%. Source: Instituto Nacional de Estadística (INE) · saved copy
How Toledo compares with other provinces in Spain
Net income per person (2024)
Toledo ranks 53 of 59, highest first.
| Rank | Area | Net income per person |
|---|---|---|
| 50 | Ciudad Real | €13,408 |
| 51 | Córdoba | €13,337 |
| 52 | Murcia | €13,218 |
| 53 | Toledo | €13,208 |
| 54 | Cádiz | €13,077 |
| 55 | Alicante/Alacant | €13,025 |
| 56 | Badajoz | €12,924 |
Median income per consumption unit (2024)
Toledo ranks 48 of 59, highest first.
| Rank | Area | Median income per consumption unit |
|---|---|---|
| 45 | Melilla | €17,850 |
| 46 | Murcia | €17,850 |
| 47 | Sevilla | €17,850 |
| 48 | Toledo | €17,850 |
| 49 | Alicante/Alacant | €17,150 |
| 50 | Cáceres | €17,150 |
| 51 | Cádiz | €17,150 |
Growth in net income per person since 2015 (2015-2024)
Toledo ranks 26 of 56, highest first.
| Rank | Area | Growth in net income per person since 2015 |
|---|---|---|
| 23 | Zamora | 50.7% |
| 24 | Cáceres | 49.9% |
| 25 | Alicante/Alacant | 49.8% |
| 26 | Toledo | 49.3% |
| 27 | Murcia | 48.4% |
| 28 | Ávila | 47.8% |
| 29 | Pontevedra | 47.8% |
Share of output from industry (manufacturing, mining and energy) (2023)
Toledo ranks 14 of 59, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 11 | Cáceres | 25.8% |
| 12 | Zaragoza | 25.3% |
| 13 | Tarragona | 24.0% |
| 14 | Toledo | 23.8% |
| 15 | Cuenca | 22.9% |
| 16 | Huelva | 22.5% |
| 17 | Ciudad Real | 21.8% |
Share of output from finance, property and business services (2023)
Toledo ranks 46 of 59, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 43 | Burgos | 19.8% |
| 44 | Murcia | 19.6% |
| 45 | Navarra | 19.6% |
| 46 | Toledo | 19.1% |
| 47 | La Gomera | 18.9% |
| 48 | El Hierro | 18.6% |
| 49 | Albacete | 18.4% |
Share of output from public administration, education, health and other services (2023)
Toledo ranks 19 of 59, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 16 | León | 25.6% |
| 17 | Sevilla | 25.2% |
| 18 | Zamora | 25.1% |
| 19 | Toledo | 24.5% |
| 20 | Albacete | 23.9% |
| 21 | Teruel | 23.8% |
| 22 | Segovia | 23.6% |
More on Toledo: overview · poverty and living standards · government budget · Castilla-La Mancha · 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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