Economy, jobs and prices in Valladolid (Castilla y León, Spain): official figures
GDP per person was 35,200 purchasing power standards (PPS) in 2023, 92% of the EU average (91% for Spain); 19th highest of 59 provinces in Spain.
How big is the economy of Valladolid?
The local economy produced €16.4 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Valladolid?
About 237,100 people worked in Valladolid in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the average income in Valladolid province?
Net income averaged €16,620 per resident in the province of Valladolid in 2024, 104% of the Spanish average of €15,948 and 12th highest of Spain's 59 provinces and islands.
Source: Instituto Nacional de Estadística (INE) · saved copyHow fast are incomes growing in Valladolid province?
Net income per person in Valladolid rose 6.6% between 2023 and 2024 and has grown 42% since 2015 (from €11,682); that growth ranks 12th 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 Valladolid province?
Households in the province of Valladolid took home €39,074 a year on average in 2024; before income tax and social security contributions the figure was €48,029. The national household average was €40,605.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the median income in Valladolid province?
Median income per consumption unit, which adjusts for household size, was €21,350 in Valladolid in 2024 (Spain: €19,950), 14th highest of 59; the mean was €24,045, so the median sat 11% below it.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the main industry in Valladolid?
The largest part of the economy of Valladolid in 2023 was industry (manufacturing, mining and energy), at 26.4% of gross value added, followed by public administration, education, health and other services (22.7%).
Source: Eurostat · saved copyHow industrial is Valladolid?
Factories, mines and energy produced 26.4% of the value added in Valladolid in 2023, against 16.1% for Spain.
Source: Eurostat · saved copyHow fast is the economy of Valladolid growing?
Gross value added rose from €11.3 billion in 2015 to €14.9 billion in 2023 in current prices, an increase of 32% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Valladolid?
Of the 237,100 jobs located in Valladolid in 2023, 32% in public services, education, health and other services, 16% in industry and 4.1% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Valladolid?
The number of people working in Valladolid rose by 8.2% between 2015 and 2023, to 237,100.
Source: Eurostat · saved copyMore figures
- Within Castilla y León, net income per person in Valladolid (€16,620 in 2024) was 4% above the regional average of €16,036, 2nd highest of the region's 9 provinces. Source: Instituto Nacional de Estadística (INE) · saved copy
- The median income per consumption unit in Valladolid went from €15,050 in 2015 to €21,350 in 2024, a rise of 42%. Source: Instituto Nacional de Estadística (INE) · saved copy
How Valladolid compares with other provinces in Spain
Net income per person (2024)
Valladolid ranks 12 of 59, highest first.
| Rank | Area | Net income per person |
|---|---|---|
| 9 | Mallorca | €16,954 |
| 10 | Burgos | €16,879 |
| 11 | Asturias | €16,646 |
| 12 | Valladolid | €16,620 |
| 13 | Soria | €16,589 |
| 14 | Zaragoza | €16,551 |
| 15 | A Coruña | €16,133 |
Median income per consumption unit (2024)
Valladolid ranks 14 of 59, highest first.
| Rank | Area | Median income per consumption unit |
|---|---|---|
| 11 | Asturias | €21,350 |
| 12 | Huesca | €21,350 |
| 13 | Soria | €21,350 |
| 14 | Valladolid | €21,350 |
| 15 | Zaragoza | €21,350 |
| 16 | A Coruña | €20,650 |
| 17 | Cantabria | €20,650 |
Growth in net income per person since 2015 (2015-2024)
Valladolid ranks 45 of 56, highest first.
| Rank | Area | Growth in net income per person since 2015 |
|---|---|---|
| 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% |
| 48 | Tarragona | 41.4% |
Share of output from industry (manufacturing, mining and energy) (2023)
Valladolid ranks 8 of 59, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 5 | Navarra | 29.9% |
| 6 | Soria | 27.2% |
| 7 | Castellón/Castelló | 26.8% |
| 8 | Valladolid | 26.4% |
| 9 | Gipuzkoa | 26.4% |
| 10 | La Rioja | 26.4% |
| 11 | Cáceres | 25.8% |
Share of output from finance, property and business services (2023)
Valladolid ranks 25 of 59, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 22 | Córdoba | 22.5% |
| 23 | Pontevedra | 22.4% |
| 24 | Araba/Álava | 22.3% |
| 25 | Valladolid | 22.2% |
| 26 | León | 22.1% |
| 27 | Melilla | 22.1% |
| 28 | Fuerteventura | 22.0% |
Share of output from public administration, education, health and other services (2023)
Valladolid ranks 27 of 59, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 24 | Málaga | 23.5% |
| 25 | Ciudad Real | 23.2% |
| 26 | Alicante/Alacant | 23.0% |
| 27 | Valladolid | 22.7% |
| 28 | Cantabria | 22.2% |
| 29 | Asturias | 22.0% |
| 30 | Gipuzkoa | 22.0% |
More on Valladolid: overview · poverty and living standards · government budget · Castilla y León · 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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