Key Market Indicators
According to the latest figures, Spanish music revenue is expected to reach €421.87 million by 2026. This represents an annual growth rate of 2.1% from 2021, when the market was estimated at €371.99 million. Since 2013, the Spanish music market has grown at a rate of 7.8% year-on-year. However, Spanish music expenditure is set to fall by 0.7% year-on-year, to €41.5 billion by 2026. Since 2000, demand has decreased by 5.2% year-on-year. In 2021, Spain was ranked fifth in the world with an expenditure of €38.05 billion, overtaken by Italy at €38.05 billion. Germany, France and Italy were ranked second, third and fourth respectively.
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