Forecast: Consumer Goods Nominal Expenditure Per Capita in Spain

In 2023, the nominal expenditure per capita on consumer goods in Spain stood at 7.35 thousand euros. The forecast data indicates a steady increase from 2024 to 2028. Specifically, the values are projected to rise by approximately 1.60% each year.

The year-on-year percentage variation is as follows:

  • 2024: 7.47 (+1.63%)
  • 2025: 7.59 (+1.61%)
  • 2026: 7.7 (+1.45%)
  • 2027: 7.81 (+1.43%)
  • 2028: 7.92 (+1.41%)

The compounded annual growth rate (CAGR) over the period from 2024 to 2028 is approximately 1.5%, reflecting consistent, moderate growth in consumer spending per capita.

Future trends to watch for include potential economic shifts, changes in consumer behavior, and the impact of inflation on real purchasing power. Additionally, advancements in technology and shifts towards more sustainable consumer goods could influence spending patterns significantly.

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