Barcelona’s GDP exceeds 100,000 million euros for the first time
The annual report shows that Barcelona’s GDP for 2023 exceeds 100,000 million euros for the first time with a nominal increase of 9.6% compared to 2022, the exact figure coming out at 103,589 million euros. The city’s GDP represents more than a third of the total for the Catalan economy (35.4% in 2022), a percentage which remains stable with a slight upward trend in recent years.The growth in Barcelona’s GDP is higher than for Catalonia (2.6%) and Spain (2.5%), explained by the predominance of the services sector in the city’s economy compared to other places.
The activities with the highest volumes of gross value added (GVA) in the city are commerce, transport and hospitality (23.6%); public administration, education, health and social services (18.1%), professional, scientific and administrative activities (15.2%). Between them, these three account for nearly 60% of the total for the services sector.
The annual report on the gross domestic product for Barcelona in 2023 was produced by the Department of Analysis at the Municipal Data Office (OMD).