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Economy, jobs and prices in Alicante/Alacant (Valencian Community, Spain): official figures

GDP per person was 26,400 purchasing power standards (PPS) in 2023, 69% of the EU average (91% for Spain); 46th highest of 59 provinces in Spain.

GDP per person (PPS)
26,400
2023
People in work
768,100
2023
Net income per person (€)
13,025
2024

How big is the economy of Alicante/Alacant?

The local economy produced €46.5 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Alicante/Alacant?

About 768,100 people worked in Alicante/Alacant in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the average income in Alicante/Alacant province?

In 2024 the average resident of Alicante/Alacant had a net income of €13,025, against €15,948 across Spain; that ranks Alicante/Alacant 5th lowest of the country's 59 provinces and islands.

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

How fast are incomes growing in Alicante/Alacant province?

Net income per person in Alicante/Alacant rose 5.8% between 2023 and 2024 and has grown 50% since 2015 (from €8,695); that growth ranks 25th fastest 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 Alicante/Alacant province?

Households in the province of Alicante/Alacant took home €33,350 a year on average in 2024; before income tax and social security contributions the figure was €40,339. The national household average was €40,605.

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

What is the median income in Alicante/Alacant province?

Median income per consumption unit, which adjusts for household size, was €17,150 in Alicante/Alacant in 2024 (Spain: €19,950), 11th lowest of 59; the mean was €19,253, so the median sat 11% below it.

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

What is the main industry in Alicante/Alacant?

The largest part of the economy of Alicante/Alacant in 2023 was trade, transport, hospitality and communications, at 28.8% of gross value added, followed by finance, property and business services (26.7%).

Source: Eurostat · saved copy

How industrial is Alicante/Alacant?

Factories, mines and energy produced 12.1% of the value added in Alicante/Alacant in 2023, against 16.1% for Spain.

Source: Eurostat · saved copy

How fast is the economy of Alicante/Alacant growing?

Gross value added rose from €29.4 billion in 2015 to €42.4 billion in 2023 in current prices, an increase of 44% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Alicante/Alacant?

Of the 768,100 jobs located in Alicante/Alacant in 2023, 29% in public services, education, health and other services, 12% in industry and 2.3% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Alicante/Alacant?

The number of people working in Alicante/Alacant rose by 22.3% between 2015 and 2023, to 768,100.

Source: Eurostat · saved copy

More figures

How Alicante/Alacant compares with other provinces in Spain

Net income per person (2024)

Alicante/Alacant ranks 55 of 59, highest first.

RankAreaNet income per person
52Murcia€13,218
53Toledo€13,208
54Cádiz€13,077
55Alicante/Alacant€13,025
56Badajoz€12,924
57Jaén€12,835
58Huelva€12,765
Source: Instituto Nacional de Estadística (INE) · saved copy

Median income per consumption unit (2024)

Alicante/Alacant ranks 49 of 59, highest first.

RankAreaMedian income per consumption unit
46Murcia€17,850
47Sevilla€17,850
48Toledo€17,850
49Alicante/Alacant€17,150
50Cáceres€17,150
51Cádiz€17,150
52Ciudad Real€17,150
Source: Instituto Nacional de Estadística (INE) · saved copy

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

Alicante/Alacant ranks 25 of 56, highest first.

RankAreaGrowth in net income per person since 2015
22Mallorca50.9%
23Zamora50.7%
24Cáceres49.9%
25Alicante/Alacant49.8%
26Toledo49.3%
27Murcia48.4%
28Ávila47.8%
Source: Instituto Nacional de Estadística (INE) · saved copy

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

Alicante/Alacant ranks 41 of 59, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
38Cádiz14.1%
39Córdoba13.9%
40Badajoz13.8%
41Alicante/Alacant12.1%
42Salamanca11.7%
43Ávila10.9%
44Menorca10.0%
Source: Eurostat · saved copy

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

Alicante/Alacant ranks 5 of 59, highest first.

RankAreaShare of output from finance, property and business services
2Mallorca30.0%
3Málaga29.0%
4Barcelona29.0%
5Alicante/Alacant26.7%
6Tenerife26.5%
7Bizkaia26.2%
8Tarragona26.0%
Source: Eurostat · saved copy

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

Alicante/Alacant ranks 26 of 59, highest first.

RankAreaShare of output from public administration, education, health and other services
23Soria23.5%
24Málaga23.5%
25Ciudad Real23.2%
26Alicante/Alacant23.0%
27Valladolid22.7%
28Cantabria22.2%
29Asturias22.0%
Source: Eurostat · saved copy

More on Alicante/Alacant: overview · poverty and living standards · government budget · Valencian Community · Spain

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