GDP (current LCU) (UNESCO Institute) in Spain

Spain: GDP (current LCU) (UNESCO Institute) was 1.59 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
1.59 trillion current LCU
Change on year
up 6.2%
World rank
93rd
of 211 countries
All-time high
1.59 trillion current LCU
in 2024
All-time low
17.23 billion current LCU
in 1970
Years of data
55
1970–2024

GDP in Spain, 1970–2024

0500.0B1.0T1.5T197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

In 2024, gdp in Spain stood at 1.59 trillion current LCU. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 6.2% on the previous year and up 53.2% over ten years.

Over the whole period, gdp in Spain peaked at 1.59 trillion current LCU in 2024 and was at its lowest, 17.23 billion current LCU, in 1970.

That places Spain 93rd out of 211 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU) (UNESCO Institute) in Spain, year by year

Annual values for GDP (current LCU) in Spain, 1970 to 2024.
Year current LCU Change
1970 17.23 billion current LCU —
1971 19.45 billion current LCU +12.9%
1972 22.83 billion current LCU +17.4%
1973 27.52 billion current LCU +20.6%
1974 33.70 billion current LCU +22.5%
1975 39.57 billion current LCU +17.4%
1976 47.62 billion current LCU +20.3%
1977 60.42 billion current LCU +26.9%
1978 73.95 billion current LCU +22.4%
1979 86.51 billion current LCU +17.0%
1980 100.23 billion current LCU +15.9%
1981 112.46 billion current LCU +12.2%
1982 129.32 billion current LCU +15.0%
1983 147.25 billion current LCU +13.9%
1984 166.17 billion current LCU +12.8%
1985 184.64 billion current LCU +11.1%
1986 211.39 billion current LCU +14.5%
1987 236.37 billion current LCU +11.8%
1988 263.16 billion current LCU +11.3%
1989 294.89 billion current LCU +12.1%
1990 328.46 billion current LCU +11.4%
1991 360.18 billion current LCU +9.7%
1992 387.93 billion current LCU +7.7%
1993 401.34 billion current LCU +3.5%
1994 426.85 billion current LCU +6.4%
1995 460.26 billion current LCU +7.8%
1996 488.95 billion current LCU +6.2%
1997 518.97 billion current LCU +6.1%
1998 555.56 billion current LCU +7.1%
1999 595.24 billion current LCU +7.1%
2000 647.57 billion current LCU +8.8%
2001 700.96 billion current LCU +8.2%
2002 749.74 billion current LCU +7.0%
2003 802.68 billion current LCU +7.1%
2004 860.06 billion current LCU +7.1%
2005 928.12 billion current LCU +7.9%
2006 1.00 trillion current LCU +8.3%
2007 1.08 trillion current LCU +7.2%
2008 1.11 trillion current LCU +3.2%
2009 1.07 trillion current LCU -3.5%
2010 1.08 trillion current LCU +0.4%
2011 1.07 trillion current LCU -0.8%
2012 1.04 trillion current LCU -3.1%
2013 1.03 trillion current LCU -1.0%
2014 1.04 trillion current LCU +1.3%
2015 1.09 trillion current LCU +4.6%
2016 1.12 trillion current LCU +3.3%
2017 1.17 trillion current LCU +4.2%
2018 1.21 trillion current LCU +3.6%
2019 1.25 trillion current LCU +3.4%
2020 1.13 trillion current LCU -9.9%
2021 1.24 trillion current LCU +9.4%
2022 1.37 trillion current LCU +11.2%
2023 1.50 trillion current LCU +9.1%
2024 1.59 trillion current LCU +6.2%

Spain compared with similar countries

  • Spain's 1.59 trillion current LCU is above the median for high income countries, which is 220.22 billion current LCU, 7.2× the median. (82 countries reporting)
  • Spain's 1.59 trillion current LCU is above the median for Europe & Central Asia, which is 481.94 billion current LCU, 3.3× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 42.88 billion current LCU 17.23 billion current LCU 86.51 billion current LCU 10
1980s 184.59 billion current LCU 100.23 billion current LCU 294.89 billion current LCU 10
1990s 452.37 billion current LCU 328.46 billion current LCU 595.24 billion current LCU 10
2000s 895.71 billion current LCU 647.57 billion current LCU 1.11 trillion current LCU 10
2010s 1.11 trillion current LCU 1.03 trillion current LCU 1.25 trillion current LCU 10
2020s 1.37 trillion current LCU 1.13 trillion current LCU 1.59 trillion current LCU 5

Countries ranked near Spain

  1. 90 Malaysia 1.93 trillion current LCU compare
  2. 91 Romania 1.76 trillion current LCU compare
  3. 92 Central African Republic 1.67 trillion current LCU compare
  4. 94 Morocco 1.54 trillion current LCU compare
  5. 95 Kyrgyzstan 1.52 trillion current LCU compare
  6. 96 Mozambique 1.43 trillion current LCU compare

See the full ranking of 211 places →

More population data for Spain

All data for Spain →

Frequently asked questions

What is gdp in Spain?
Gdp in Spain was 1.59 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Spain?
The highest recorded value was 1.59 trillion current LCU in 2024.
What is the lowest gdp recorded in Spain?
The lowest recorded value was 17.23 billion current LCU in 1970.
How does Spain rank for gdp?
Spain ranks 93rd out of 211 countries with data for 2024.
Is gdp rising or falling in Spain?
Over the last ten years it is up 53.2%. The long-run trend across the full record is volatile.
Where does this Spain data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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GDP in Spain. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/spain/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release