Spain
Southern Europe · Europe
Population
48.9M
GDP (Nominal)
$1.65T
Capital City
Madrid
Currency
EUR (€)
Avg Salary
$2750/mo
Region
Southern Europe
Livability Index 2026
48.4/100
Cost of Living
38/100
Avg Salary
63.8/100
Safety
77.6/100
Healthcare
80/100
Education
84/100
Overall Livability
Institutional Summary
Spain is a vibrant, culturally rich nation in Southern Europe that consistently ranks as one of the best places in the world for quality of life and work-life balance. It boasts a world-class healthcare system, incredible food, and a highly social culture. For expats and remote workers, Spain recently launched a highly attractive Digital Nomad Visa. However, those looking to enter the local job market will face significant challenges due to stubbornly high unemployment and lower wage averages.
Cost of Living
Monthly Rent (1BR)$900
Monthly Groceries$260
Monthly Transport$45
Utilities & Internet$155
Estimated Total Monthly
$1,360 /person
AI Algorithm Summary
Major Strengths
- • Stable regional presence
Algorithmic Red Flags
- • High income tax burden (47%)
- • High unemployment rate (11.4%)
Economic Performance
📈 Stable GrowthGDP Per Capita
$35,789
Inflation Rate
2.8%
Unemployment
11.4%
5-Year GDP Trend
Migration & Visa
Digital Nomad Visa (DNV)
Non-Lucrative Visa (NLV)
Highly Qualified Professional (HQP)
Visa Difficulty
4/10
PR Eligibility
5 Years
Employment Landscape
Avg Monthly Salary
$2,750
Trending
Top Performing Industries
Tourism & Hospitality
Automotive Manufacturing
Renewable Energy
Agriculture
Social Indicators
Life Expectancy
83.3 Yrs
Literacy Rate
98%
Top Universities (QS Rank)
Universitat de Barcelona (UB)#164
Universitat Autònoma de Barcelona (UAB)#178
Complutense University of Madrid#226
Compare Spain
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.