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Economy, jobs and prices in Segovia (Castilla y León, Spain): official figures

GDP per person was 31,700 purchasing power standards (PPS) in 2023, 83% of the EU average (91% for Spain); 27th highest of 59 provinces in Spain.

GDP per person (PPS)
31,700
2023
People in work
72,200
2023
Net income per person (€)
15,841
2024

How big is the economy of Segovia?

The local economy produced €4.4 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Segovia?

About 72,200 people worked in Segovia in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the average income in Segovia province?

Net income averaged €15,841 per resident in the province of Segovia in 2024, 99% of the Spanish average of €15,948 and 21st highest of Spain's 59 provinces and islands.

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

How fast are incomes growing in Segovia province?

Net income per person in Segovia rose 6.0% between 2023 and 2024 and has grown 48% since 2015 (from €10,730); that growth ranks 27th slowest 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 Segovia province?

Households in the province of Segovia took home €37,823 a year on average in 2024; before income tax and social security contributions the figure was €46,028. The national household average was €40,605.

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

What is the median income in Segovia province?

Median income per consumption unit, which adjusts for household size, was €19,950 in Segovia in 2024 (Spain: €19,950), 26th highest of 59; the mean was €22,925, so the median sat 13% below it.

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

What is the main industry in Segovia?

The largest part of the economy of Segovia in 2023 was trade, transport, hospitality and communications, at 25.2% of gross value added, followed by public administration, education, health and other services (23.6%).

Source: Eurostat · saved copy

How industrial is Segovia?

Factories, mines and energy produced 17.4% of the value added in Segovia in 2023, against 16.1% for Spain.

Source: Eurostat · saved copy

How fast is the economy of Segovia growing?

Gross value added rose from €3.1 billion in 2015 to €4.0 billion in 2023 in current prices, an increase of 31% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Segovia?

Of the 72,200 jobs located in Segovia in 2023, 28% in public services, education, health and other services, 14% in industry and 11.1% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Segovia?

The number of people working in Segovia rose by 13.7% between 2015 and 2023, to 72,200.

Source: Eurostat · saved copy

More figures

How Segovia compares with other provinces in Spain

Net income per person (2024)

Segovia ranks 21 of 59, highest first.

RankAreaNet income per person
18Cantabria€16,068
19León€16,041
20Girona€15,986
21Segovia€15,841
22La Rioja€15,830
23Lleida€15,608
24Ceuta€15,520
Source: Instituto Nacional de Estadística (INE) · saved copy

Median income per consumption unit (2024)

Segovia ranks 26 of 59, highest first.

RankAreaMedian income per consumption unit
23Palencia€20,650
24Teruel€20,650
25Pontevedra€19,950
26Segovia€19,950
27Tarragona€19,950
28Valencia/València€19,950
29Castellón/Castelló€19,250
Source: Instituto Nacional de Estadística (INE) · saved copy

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

Segovia ranks 30 of 56, highest first.

RankAreaGrowth in net income per person since 2015
27Murcia48.4%
28Ávila47.8%
29Pontevedra47.8%
30Segovia47.6%
31Melilla47.1%
32Lugo46.7%
33A Coruña46.3%
Source: Instituto Nacional de Estadística (INE) · saved copy

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

Segovia ranks 32 of 59, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
29Zamora18.3%
30Teruel17.7%
31Lleida17.5%
32Segovia17.4%
33Girona17.0%
34León16.4%
35Lugo15.7%
Source: Eurostat · saved copy

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

Segovia ranks 40 of 59, highest first.

RankAreaShare of output from finance, property and business services
37Zamora20.6%
38La Rioja20.4%
39La Palma20.2%
40Segovia20.1%
41Badajoz20.1%
42Salamanca20.0%
43Burgos19.8%
Source: Eurostat · saved copy

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

Segovia ranks 22 of 59, highest first.

RankAreaShare of output from public administration, education, health and other services
19Toledo24.5%
20Albacete23.9%
21Teruel23.8%
22Segovia23.6%
23Soria23.5%
24Málaga23.5%
25Ciudad Real23.2%
Source: Eurostat · saved copy

More on Segovia: overview · poverty and living standards · government budget · Castilla y León · Spain

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