Economy, jobs and prices in Valencian Community, Spain: official figures
GDP per person was 30,800 purchasing power standards (PPS) in 2024, 77% of the EU average; 12th highest of 19 autonomous communities in Spain. PPS adjust for price differences between countries.
How big is the economy of Valencian Community?
The regional economy produced €148.3 billion of output (GDP at market prices) in 2024, 9.3% of Spain's GDP.
Source: Eurostat · saved copyWhat is the unemployment rate in Valencian Community?
The unemployment rate (age 15 to 74) was 11.6% in 2025, against 10.5% for Spain and 6.0% across the EU; 8th highest of 19 autonomous communities in Spain.
Source: Eurostat · saved copyWhat is youth unemployment in Valencian Community?
Youth unemployment (age 15 to 24) was 30.5% in 2025, against 24.9% for Spain; 5th highest of 19 autonomous communities in Spain.
Source: Eurostat · saved copyHow much does Valencian Community spend on research and development?
Spending on research and development came to 1.22% of GDP in 2024 (1.50% nationally).
Source: Eurostat · saved copyHow many people in Valencian Community are long-term unemployed?
Long-term unemployment (people out of work for a year or more) stood at 3.5% of the labour force in 2025, against 3.4% for Spain as a whole and 1.9% across the EU; 8th highest of 19 autonomous communities in Spain. In 2015 it was 11.6%.
Source: Eurostat · saved copyWhat is the unemployment rate for women in Valencian Community?
Unemployment among women was 13.7% in 2025, against 11.9% for Spain as a whole and 6.2% across the EU; 7th highest of 19 autonomous communities in Spain. In 2015 it was 23.8%.
Source: Eurostat · saved copyHow many women in Valencian Community are in work?
65.0% of women aged 20 to 64 were in work in 2025, against 67.6% for Spain as a whole and 71.3% across the EU; 8th lowest of 19 autonomous communities in Spain. In 2015 it was 55.7%.
Source: Eurostat · saved copyIs the economy of Valencian Community growing?
Output (gross value added, after inflation) changed by 3.8% in 2024 (Spain: 3.9%); 8th highest of 19 autonomous communities in Spain. In 2014 it was 1.8%.
Source: Eurostat · saved copyHow many cars are there in Valencian Community?
There were 510 passenger cars per 1,000 people in 2024 (Spain: 543); 4th lowest of 19 autonomous communities in Spain. In 2014 it was 476.
Source: Eurostat · saved copyWhat is the average salary in Valencian Community?
Average compensation per employee (pay plus employer social contributions) was €23,836 in 2024, against €25,604 across Spain; 9th lowest of 19 autonomous communities in Spain.
Source: Eurostat · saved copyHow many tourists visit Valencian Community?
Visitors spent 54.7 million nights in tourist accommodation in 2025, 56% of them by visitors from abroad.
Source: Eurostat · saved copyWhat is the main industry in Valencian Community?
The largest part of the economy of Valencian Community in 2024 was trade, transport, hospitality and communications, at 27.4% of gross value added, followed by finance, property and business services (25.5%).
Source: Eurostat · saved copyHow industrial is Valencian Community?
Factories, mines and energy produced 17.4% of the value added in Valencian Community in 2024, against 15.6% for Spain.
Source: Eurostat · saved copyHow fast is the economy of Valencian Community growing?
Gross value added rose from €91.8 billion in 2015 to €134.9 billion in 2024 in current prices, an increase of 47% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Valencian Community?
Of the 2,204,000 jobs located in Valencian Community in 2024, 28% in public services, education, health and other services, 14% in industry and 2.2% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Valencian Community?
The number of people working in Valencian Community rose by 19.3% between 2015 and 2024, to 2,204,000.
Source: Eurostat · saved copyHow Valencian Community compares with other autonomous communities
Long-term unemployment (% of labour force) (2025)
Valencian Community ranks 8 of 19, highest first.
| Rank | Region | Long-term unemployment (% of labour force) |
|---|---|---|
| 5 | Castilla-La Mancha | 4.6% |
| 6 | Extremadura | 4.6% |
| 7 | Murcia | 4.1% |
| 8 | Valencian Community | 3.5% |
| 9 | Asturias | 3.2% |
| 10 | Catalonia | 2.6% |
| 11 | Madrid | 2.5% |
Unemployment rate, women (2025)
Valencian Community ranks 7 of 19, highest first.
| Rank | Region | Unemployment rate, women |
|---|---|---|
| 4 | Extremadura | 17.6% |
| 5 | Castilla-La Mancha | 16.6% |
| 6 | Canary Islands | 15.1% |
| 7 | Valencian Community | 13.7% |
| 8 | Murcia | 13.6% |
| 9 | Aragón | 9.9% |
| 10 | Asturias | 9.9% |
Employment rate, women aged 20-64 (2025)
Valencian Community ranks 12 of 19, highest first.
| Rank | Region | Employment rate, women aged 20-64 |
|---|---|---|
| 9 | Cantabria | 69.6% |
| 10 | Castilla y León | 69.1% |
| 11 | Asturias | 68.4% |
| 12 | Valencian Community | 65.0% |
| 13 | Canary Islands | 63.7% |
| 14 | Murcia | 62.1% |
| 15 | Castilla-La Mancha | 61.7% |
Real growth in gross value added (2024)
Valencian Community ranks 8 of 19, highest first.
| Rank | Region | Real growth in gross value added |
|---|---|---|
| 5 | Andalusia | 4.1% |
| 6 | Madrid | 4.0% |
| 7 | Castilla-La Mancha | 4.0% |
| 8 | Valencian Community | 3.8% |
| 9 | Navarre | 3.7% |
| 10 | La Rioja | 3.6% |
| 11 | Aragón | 3.5% |
Passenger cars per 1,000 people (2024)
Valencian Community ranks 16 of 19, highest first.
| Rank | Region | Passenger cars per 1,000 people |
|---|---|---|
| 13 | Andalusia | 535 |
| 14 | Ciudad de Ceuta | 520 |
| 15 | La Rioja | 516 |
| 16 | Valencian Community | 510 |
| 17 | Aragón | 499 |
| 18 | Basque Country | 478 |
| 19 | Catalonia | 450 |
Compensation per employee (euros) (2024)
Valencian Community ranks 11 of 19, highest first.
| Rank | Region | Compensation per employee (euros) |
|---|---|---|
| 8 | Asturias | €24,939 |
| 9 | Cantabria | €24,772 |
| 10 | La Rioja | €24,246 |
| 11 | Valencian Community | €23,836 |
| 12 | Galicia | €23,831 |
| 13 | Castilla y León | €23,609 |
| 14 | Ciudad de Melilla | €23,349 |
Nights spent in tourist accommodation (2025)
Valencian Community ranks 5 of 19, highest first.
| Rank | Region | Nights spent in tourist accommodation |
|---|---|---|
| 2 | Catalonia | 89.8 million |
| 3 | Andalusia | 77.9 million |
| 4 | Balearic Islands | 73.4 million |
| 5 | Valencian Community | 54.7 million |
| 6 | Madrid | 33.0 million |
| 7 | Galicia | 13.5 million |
| 8 | Castilla y León | 13.4 million |
Share of output from industry (manufacturing, mining and energy) (2024)
Valencian Community ranks 13 of 19, highest first.
| Rank | Region | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 10 | Galicia | 19.0% |
| 11 | Catalonia | 18.7% |
| 12 | Extremadura | 17.8% |
| 13 | Valencian Community | 17.4% |
| 14 | Andalusia | 11.7% |
| 15 | Madrid | 8.2% |
| 16 | Canary Islands | 6.1% |
Share of output from finance, property and business services (2024)
Valencian Community ranks 4 of 19, highest first.
| Rank | Region | Share of output from finance, property and business services |
|---|---|---|
| 1 | Madrid | 34.2% |
| 2 | Balearic Islands | 28.3% |
| 3 | Catalonia | 27.7% |
| 4 | Valencian Community | 25.5% |
| 5 | Canary Islands | 24.9% |
| 6 | Asturias | 24.8% |
| 7 | Basque Country | 24.4% |
Share of output from public administration, education, health and other services (2024)
Valencian Community ranks 13 of 19, highest first.
| Rank | Region | Share of output from public administration, education, health and other services |
|---|---|---|
| 10 | Asturias | 22.2% |
| 11 | Basque Country | 21.7% |
| 12 | La Rioja | 21.4% |
| 13 | Valencian Community | 21.2% |
| 14 | Aragón | 21.1% |
| 15 | Galicia | 21.0% |
| 16 | Navarre | 20.1% |
More on Valencian Community: overview · health · education and schools · poverty and living standards · government budget · government and politics · Spain
Sources
- Eurostat: Eurostat dataset nama_10r_2gdp: GDP per person (purchasing power standards), read 23 October 2026 · saved copy (SHA-256 c21f724d14a6…)
- Eurostat: Eurostat dataset nama_10r_2gdp: GDP per person (euros), read 23 October 2026 · saved copy (SHA-256 537f99167955…)
- Eurostat: Eurostat dataset nama_10r_2gdp: GDP (million euros), read 23 October 2026 · saved copy (SHA-256 e3677c4e6d67…)
- Eurostat: Eurostat dataset lfst_r_lfu3rt: Unemployment rate (age 15-74), read 23 October 2026 · saved copy (SHA-256 13f5037ce93a…)
- Eurostat: Eurostat dataset lfst_r_lfu3rt: Youth unemployment rate (age 15-24), read 23 October 2026 · saved copy (SHA-256 83bb1aebc10b…)
- Eurostat: Eurostat dataset lfst_r_lfe2emprt: Employment rate (age 20-64), read 23 October 2026 · saved copy (SHA-256 03191283bf5f…)
- Eurostat: Eurostat dataset rd_e_gerdreg: Research and development spending (% of GDP), read 23 October 2026 · saved copy (SHA-256 36a9132b2284…)
- Eurostat: Eurostat dataset lfst_r_lfu3rt: Unemployment rates by sex, age, educational attainment level and NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 ac151d8a46d5…)
- Eurostat: Eurostat dataset lfst_r_lfe2emprt: Employment rates by sex, age and NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 51bfca80dc8b…)
- Eurostat: Eurostat dataset tran_r_vehst: Stock of vehicles by category and NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 5adf37bcb393…)
- Eurostat: Eurostat dataset nama_10r_2gvagr: Real growth rate of regional gross value added (GVA) at basic prices by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 ba2c4bdc7c37…)
- 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…)
- Eurostat: Eurostat dataset nama_10r_2coe: Compensation of employees by NUTS 2 region and industry, read 23 October 2026 · saved copy (SHA-256 895d7cc9e826…)
- Eurostat: Eurostat dataset tour_occ_nin2: Nights spent at tourist accommodation establishments by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 06f6a82909c0…)
- Eurostat: Eurostat dataset lfst_r_lfu2ltu: Long-term unemployment (12 months and more) by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 3d5d17a32863…)
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