GDP (current LCU), annual growth rate in Spain
Spain: GDP (current LCU), annual growth rate was 6.23 % change on previous year in 2024. ◆ Volatile
GDP (current LCU), annual growth rate in Spain, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (current lcu), annual growth rate in Spain is 6.23 % change on previous year, measured in 2024.
That represents a change of down 31.4% on the previous year and up 380.3% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Spain peaked at 26.89 % change on previous year in 1977 and was at its lowest, -9.93 % change on previous year, in 2020.
That places Spain 132nd 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), annual growth rate in Spain, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.86 % change on previous year | — |
| 1972 | 17.36 % change on previous year | +35.0% |
| 1973 | 20.56 % change on previous year | +18.4% |
| 1974 | 22.46 % change on previous year | +9.2% |
| 1975 | 17.41 % change on previous year | -22.5% |
| 1976 | 20.34 % change on previous year | +16.8% |
| 1977 | 26.89 % change on previous year | +32.2% |
| 1978 | 22.4 % change on previous year | -16.7% |
| 1979 | 16.98 % change on previous year | -24.2% |
| 1980 | 15.86 % change on previous year | -6.6% |
| 1981 | 12.2 % change on previous year | -23.1% |
| 1982 | 15 % change on previous year | +22.9% |
| 1983 | 13.87 % change on previous year | -7.6% |
| 1984 | 12.84 % change on previous year | -7.4% |
| 1985 | 11.12 % change on previous year | -13.4% |
| 1986 | 14.49 % change on previous year | +30.3% |
| 1987 | 11.82 % change on previous year | -18.4% |
| 1988 | 11.33 % change on previous year | -4.1% |
| 1989 | 12.06 % change on previous year | +6.4% |
| 1990 | 11.38 % change on previous year | -5.6% |
| 1991 | 9.66 % change on previous year | -15.2% |
| 1992 | 7.7 % change on previous year | -20.2% |
| 1993 | 3.46 % change on previous year | -55.1% |
| 1994 | 6.36 % change on previous year | +83.7% |
| 1995 | 7.83 % change on previous year | +23.1% |
| 1996 | 6.23 % change on previous year | -20.4% |
| 1997 | 6.14 % change on previous year | -1.5% |
| 1998 | 7.05 % change on previous year | +14.8% |
| 1999 | 7.14 % change on previous year | +1.3% |
| 2000 | 8.79 % change on previous year | +23.1% |
| 2001 | 8.24 % change on previous year | -6.2% |
| 2002 | 6.96 % change on previous year | -15.6% |
| 2003 | 7.06 % change on previous year | +1.5% |
| 2004 | 7.15 % change on previous year | +1.2% |
| 2005 | 7.91 % change on previous year | +10.7% |
| 2006 | 8.28 % change on previous year | +4.6% |
| 2007 | 7.22 % change on previous year | -12.8% |
| 2008 | 3.24 % change on previous year | -55.2% |
| 2009 | -3.55 % change on previous year | -209.5% |
| 2010 | 0.3877 % change on previous year | -110.9% |
| 2011 | -0.7854 % change on previous year | -302.6% |
| 2012 | -3.06 % change on previous year | +289.9% |
| 2013 | -0.9952 % change on previous year | -67.5% |
| 2014 | 1.3 % change on previous year | -230.3% |
| 2015 | 4.64 % change on previous year | +257.5% |
| 2016 | 3.3 % change on previous year | -28.8% |
| 2017 | 4.19 % change on previous year | +27.0% |
| 2018 | 3.61 % change on previous year | -13.8% |
| 2019 | 3.42 % change on previous year | -5.4% |
| 2020 | -9.93 % change on previous year | -390.6% |
| 2021 | 9.41 % change on previous year | -194.8% |
| 2022 | 11.18 % change on previous year | +18.8% |
| 2023 | 9.08 % change on previous year | -18.8% |
| 2024 | 6.23 % change on previous year | -31.4% |
Spain compared with similar countries
- Spain's 6.23 % change on previous year is above the median for high income countries, which is 5.96 % change on previous year, 1.0× the median. (82 countries reporting)
- Spain's 6.23 % change on previous year is below the median for Europe & Central Asia, which is 6.26 % change on previous year, 100% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -390.6% | 3.42 % change on previous year | -9.93 % change on previous year |
| 2011 | -302.6% | 0.3877 % change on previous year | -0.7854 % change on previous year |
| 2012 | -289.9% | -0.7854 % change on previous year | -3.06 % change on previous year |
| 2015 | +257.5% | 1.3 % change on previous year | 4.64 % change on previous year |
| 2014 | +230.3% | -0.9952 % change on previous year | 1.3 % change on previous year |
| 2009 | -209.5% | 3.24 % change on previous year | -3.55 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.7 % change on previous year | 12.86 % change on previous year | 26.89 % change on previous year | 9 |
| 1980s | 13.06 % change on previous year | 11.12 % change on previous year | 15.86 % change on previous year | 10 |
| 1990s | 7.3 % change on previous year | 3.46 % change on previous year | 11.38 % change on previous year | 10 |
| 2000s | 6.13 % change on previous year | -3.55 % change on previous year | 8.79 % change on previous year | 10 |
| 2010s | 1.6 % change on previous year | -3.06 % change on previous year | 4.64 % change on previous year | 10 |
| 2020s | 5.19 % change on previous year | -9.93 % change on previous year | 11.18 % change on previous year | 5 |
Countries ranked near Spain
- 129 Puerto Rico 6.31 % change on previous year compare
- 130 Lithuania 6.26 % change on previous year compare
- 131 Netherlands 6.23 % change on previous year compare
- 133 Micronesia (country) 6.2 % change on previous year compare
- 134 South Korea 6.15 % change on previous year compare
- 135 Indonesia 5.97 % change on previous year compare
More population data for Spain
- Population regions with projections, annual growth rate -0.527 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.98 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.527 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.6358 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 44,220 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.1636 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.2658 % change on previous year (2100)
- World population growth -0.5% (2100)
- Population density 66.29 people per km² (2100)
- Number of children under 5, by world region 1.24 million people (2100)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Spain?
- Gdp (current lcu), annual growth rate in Spain was 6.23 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Spain?
- The highest recorded value was 26.89 % change on previous year in 1977.
- What is the lowest gdp (current lcu), annual growth rate recorded in Spain?
- The lowest recorded value was -9.93 % change on previous year in 2020.
- How does Spain rank for gdp (current lcu), annual growth rate?
- Spain ranks 132nd out of 211 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in Spain?
- Over the last ten years it is up 380.3%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.