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INVESTIGATING THE SPANISH LONGEVITY ECONOMY

The Spanish longevity economy plays a major role in driving economic activity in the country. By 2050, the number of over-50s in Spain is expected to reach 23.3 million people, accounting for half of the country’s population. Understanding the scale of impact of the longevity economy is essential to leveraging its strengths for economic development and prosperity in Spain. This research offers a cross-sectional view of the economic impact of the activities carried out by the population over 50 years old. It takes a differentiated look at the socioeconomic impact of the activities of the resident population and of tourists visiting the country. This research explores the socioeconomic contributions of the longevity economy in 2019, through the spending by over-50s resident in Spain, the spending by over-50s visitors to Spain and the labour market contributions of the cohort of over-50s in Spain.

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infographic

Spending by age group

Spending by age group, purchases by type

Spending by a single age group, purchases by type : 25-49

Spending by a single age group, purchases by type : 25-49

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Spending by a single age group, purchases by type : 50-54

Spending by a single age group, purchases by type : 50-54

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Spending by a single age group, purchases by type : 55-59

Spending by a single age group, purchases by type : 55-59

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Spending by a single age group, purchases by type : 60-64

Spending by a single age group, purchases by type : 60-64

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Spending by a single age group, purchases by type : 65-69

Spending by a single age group, purchases by type : 65-69

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Spending by a single age group, purchases by type : 70-74

Spending by a single age group, purchases by type : 70-74

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Spending by a single age group, purchases by type : 75-79

Spending by a single age group, purchases by type : 75-79

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Spending by a single age group, purchases by type : 80+

Spending by a single age group, purchases by type : 80+

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Total economic impact of consumer spending : Contribution to GDP (€ millions)

Total economic impact of consumer spending : Contribution to GDP (€ millions) : All over-50s

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Total economic impact of consumer spending : Contribution to GDP (€ millions) : 50-59

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Total economic impact of consumer spending : Contribution to GDP (€ millions) : 60-69

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Total economic impact of consumer spending : Contribution to GDP (€ millions) : 70-79

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Total economic impact of consumer spending : Contribution to GDP (€ millions) : 80+

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Total economic impact of consumer spending : Employment supported (jobs)

Total economic impact of consumer spending : Employment supported (thousand jobs) : All over-50s

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Total economic impact of consumer spending : Employment supported (thousand jobs) : 50-59

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Total economic impact of consumer spending : Employment supported (thousand jobs) : 60-69

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Total economic impact of consumer spending : Employment supported (thousand jobs) : 70-79

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Total economic impact of consumer spending : Employment supported (thousand jobs) : 80+

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Total economic impact of consumer spending : Government revenues (€ millions)

Total economic impact of consumer spending : Government revenues (€ millions) : All over-50s

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Total economic impact of consumer spending : Government revenues (€ millions) : 50-59

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Total economic impact of consumer spending : Government revenues (€ millions) : 60-69

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Total economic impact of consumer spending : Government revenues (€ millions) : 70-79

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Total economic impact of consumer spending : Government revenues (€ millions) : 80+

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Economic impact by industry : Contribution to GDP (€ millions) : All over-50s

Economic impact by industry : Contribution to GDP (€ millions) : All over-50s

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Economic impact by industry : Contribution to GDP (€ millions) : 50-59

Economic impact by industry : Contribution to GDP (€ millions) : 50-59

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Economic impact by industry : Contribution to GDP (€ millions) : 60-69

Economic impact by industry : Contribution to GDP (€ millions) : 60-69

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Economic impact by industry : Contribution to GDP (€ millions) : 70-79

Economic impact by industry : Contribution to GDP (€ millions) : 70-79

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Economic impact by industry : Contribution to GDP (€ millions) : Over 80

Economic impact by industry : Contribution to GDP (€ millions) : Over 80

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Economic impact by industry : Employment supported (jobs) : All over-50s

Economic impact by industry : Employment supported (jobs) : All over-50s

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Economic impact by industry : Employment supported (jobs) : 50-59

Economic impact by industry : Employment supported (jobs) : 50-59

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Economic impact by industry : Employment supported (jobs) : 60-69

Economic impact by industry : Employment supported (jobs) : 60-69

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Economic impact by industry : Employment supported (jobs) : 70-79

Economic impact by industry : Employment supported (jobs) : 70-79

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Economic impact by industry : Employment supported (jobs) : Over 80

Economic impact by industry : Employment supported (jobs) : Over 80

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Composition of employment supported by visitor spending : Gender

Composition of employment supported by visitor spending : Gender : Agriculture

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Composition of employment supported by visitor spending : Gender : Mining

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Composition of employment supported by visitor spending : Gender : Manufacturing

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Composition of employment supported by visitor spending : Gender : Utilities

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Composition of employment supported by visitor spending : Gender : Construction

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Composition of employment supported by visitor spending : Gender : Wholesale & Retail

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Composition of employment supported by visitor spending : Gender : Transport & Logistics

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Composition of employment supported by visitor spending : Gender : Hospitality

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Composition of employment supported by visitor spending : Gender : Information & Communications

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Composition of employment supported by visitor spending : Gender : Financial services

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Composition of employment supported by visitor spending : Gender : Real Estate

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Composition of employment supported by visitor spending : Gender : Business Services

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Composition of employment supported by visitor spending : Gender : Public admin.

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Composition of employment supported by visitor spending : Gender : Education

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Composition of employment supported by visitor spending : Gender : Health & social services

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Composition of employment supported by visitor spending : Gender : Arts & entertainment

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Composition of employment supported by visitor spending : Gender : Private households

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Composition of employment supported by visitor spending : From 16 to 19 years

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Composition of employment supported by visitor spending : From 20 to 24 years

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Composition of employment supported by visitor spending : From 25 to 29 years

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Composition of employment supported by visitor spending : From 30 to 39 years

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Composition of employment supported by visitor spending : From 40 to 49 years

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Composition of employment supported by visitor spending : From 50 to 59 years

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Composition of employment supported by visitor spending : From 60 to 64 years

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Composition of employment supported by visitor spending : From 65 to 69 years

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Composition of employment supported by visitor spending : 70 years and over

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Visitor spending by age group and country

Total economic impact of visitor spending : Contribution to GDP (€ millions)

Total economic impact of visitor spending : Contribution to GDP (€ millions) : All over-50s

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Total economic impact of visitor spending : Contribution to GDP (€ millions) : 50-64

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Total economic impact of visitor spending : Contribution to GDP (€ millions) : 65+

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Total economic impact of visitor spending : Employment supported (jobs)

Total economic impact of visitor spending : Employment supported (thousand jobs) : All over-50s

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Total economic impact of visitor spending : Employment supported (thousand jobs) : 50-64

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Total economic impact of visitor spending : Employment supported (thousand jobs) : 65+

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Total economic impact of visitor spending : Government revenues (€ millions)

Total economic impact of visitor spending : Government revenues (€ millions) : All over-50s

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Total economic impact of visitor spending : Government revenues (€ millions) : 50-64

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Total economic impact of visitor spending : Government revenues (€ millions) : 65+

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Total economic impact of visitor spending, by origin country Contribution to GDP (€ millions)

Total economic impact of visitor spending, by origin country Employment supported (jobs)

Economic impact of visitor spending by industry : Contribution to GDP (€ millions) : All over-50s

Economic impact of visitor spending by industry : Contribution to GDP (€ millions) : All over-50s

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Economic impact of visitor spending by industry : Contribution to GDP (€ millions) : 50-64

Economic impact of visitor spending by industry : Contribution to GDP (€ millions) : 50-64

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Economic impact of visitor spending by industry : Contribution to GDP (€ millions) : Over 65

Economic impact of visitor spending by industry : Contribution to GDP (€ millions) : Over 65

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Economic impact of visitor spending by industry : Employment supported (jobs) : All over-50s

Economic impact of visitor spending by industry : Employment supported (jobs) : All over-50s

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Economic impact of visitor spending by industry : Employment supported (jobs) : 50-59

Economic impact of visitor spending by industry : Employment supported (jobs) : 50-59

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Economic impact of visitor spending by industry : Employment supported (jobs) : 60-69

Economic impact of visitor spending by industry : Employment supported (jobs) : 60-69

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Composition of employment supported : Gender

Composition of employment supported : Gender : Agriculture

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Composition of employment supported : Gender : Mining

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Composition of employment supported : Gender : Manufacturing

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Composition of employment supported : Gender : Utilities

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Composition of employment supported : Gender : Construction

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Composition of employment supported : Gender : Wholesale & Retail

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Composition of employment supported : Gender : Transport & Logistics

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Composition of employment supported : Gender : Hospitality

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Composition of employment supported : Gender : Information & Communications

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Composition of employment supported : Gender : Financial services

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Composition of employment supported : Gender : Real Estate

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Composition of employment supported : Gender : Business Services

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Composition of employment supported : Gender : Public admin.

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Composition of employment supported : Gender : Education

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Composition of employment supported : Gender : Health & social services

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Composition of employment supported : Gender : Arts & entertainment

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Composition of employment supported : Gender : Private households

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Composition of employment supported : From 16 to 19 years

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Composition of employment supported : From 20 to 24 years

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Composition of employment supported : From 25 to 29 years

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Composition of employment supported : From 30 to 39 years

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Composition of employment supported : From 40 to 49 years

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Composition of employment supported : From 50 to 59 years

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Composition of employment supported : From 60 to 64 years

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Composition of employment supported : From 65 to 69 years

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Composition of employment supported : 70 years and over

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Labour force participation

Labour force participation rates - share of population

Employment of 50+ and Under-50 cohorts as a share of total employment by industry

Employment in each industry as a share of total employment of by age

Share of occupations by age groups

Employment in high-skilled professions by age groups

Average annual salary for high-skilled occupations by age groups

Share of population shopping online in the last three months

Share of population using internet in the last three months

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© CENIE 2021
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