GDP (current US$) (UNESCO Institute) in Spain

Spain: GDP (current US$) (UNESCO Institute) was 1.72 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
1.72 trillion current US$
Change on year
up 6.3%
World rank
15th
of 211 countries
All-time high
1.72 trillion current US$
in 2024
All-time low
40.96 billion current US$
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 US$.

Analysis

Spain recorded 1.72 trillion current US$ for gdp in 2024. That is the highest value across all 55 years on record.

That represents a change of up 6.3% on the previous year and up 24.8% over ten years.

Over the whole period, gdp in Spain peaked at 1.72 trillion current US$ in 2024 and was at its lowest, 40.96 billion current US$, in 1970.

Spain ranks 15th of 211 countries on this measure, in the top 10%.

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

GDP (current US$) (UNESCO Institute) in Spain, year by year

Annual values for GDP (current US$) in Spain, 1970 to 2024.
Year current US$ Change
1970 40.96 billion current US$ —
1971 46.59 billion current US$ +13.7%
1972 59.09 billion current US$ +26.8%
1973 78.58 billion current US$ +33.0%
1974 97.20 billion current US$ +23.7%
1975 114.69 billion current US$ +18.0%
1976 118.42 billion current US$ +3.3%
1977 132.35 billion current US$ +11.8%
1978 160.49 billion current US$ +21.3%
1979 214.45 billion current US$ +33.6%
1980 232.60 billion current US$ +8.5%
1981 202.66 billion current US$ -12.9%
1982 195.86 billion current US$ -3.4%
1983 170.83 billion current US$ -12.8%
1984 171.98 billion current US$ +0.7%
1985 180.66 billion current US$ +5.0%
1986 251.14 billion current US$ +39.0%
1987 318.52 billion current US$ +26.8%
1988 375.89 billion current US$ +18.0%
1989 414.46 billion current US$ +10.3%
1990 536.17 billion current US$ +29.4%
1991 576.75 billion current US$ +7.6%
1992 630.47 billion current US$ +9.3%
1993 524.70 billion current US$ -16.8%
1994 530.18 billion current US$ +1.0%
1995 614.17 billion current US$ +15.8%
1996 642.25 billion current US$ +4.6%
1997 589.74 billion current US$ -8.2%
1998 618.73 billion current US$ +4.9%
1999 634.39 billion current US$ +2.5%
2000 598.10 billion current US$ -5.7%
2001 627.80 billion current US$ +5.0%
2002 708.94 billion current US$ +12.9%
2003 907.96 billion current US$ +28.1%
2004 1.07 trillion current US$ +17.8%
2005 1.15 trillion current US$ +7.9%
2006 1.26 trillion current US$ +9.3%
2007 1.48 trillion current US$ +17.0%
2008 1.64 trillion current US$ +10.8%
2009 1.50 trillion current US$ -8.5%
2010 1.43 trillion current US$ -4.6%
2011 1.49 trillion current US$ +4.2%
2012 1.33 trillion current US$ -10.5%
2013 1.36 trillion current US$ +2.3%
2014 1.38 trillion current US$ +1.3%
2015 1.21 trillion current US$ -12.6%
2016 1.24 trillion current US$ +3.1%
2017 1.32 trillion current US$ +6.3%
2018 1.43 trillion current US$ +8.3%
2019 1.40 trillion current US$ -2.0%
2020 1.29 trillion current US$ -8.1%
2021 1.46 trillion current US$ +13.3%
2022 1.45 trillion current US$ -1.0%
2023 1.62 trillion current US$ +12.0%
2024 1.72 trillion current US$ +6.3%

Spain compared with similar countries

  • Spain's 1.72 trillion current US$ is above the median for high income countries, which is 92.86 billion current US$, 18.6× the median. (82 countries reporting)
  • Spain's 1.72 trillion current US$ is above the median for Europe & Central Asia, which is 93.20 billion current US$, 18.5× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 106.28 billion current US$ 40.96 billion current US$ 214.45 billion current US$ 10
1980s 251.46 billion current US$ 170.83 billion current US$ 414.46 billion current US$ 10
1990s 589.76 billion current US$ 524.70 billion current US$ 642.25 billion current US$ 10
2000s 1.09 trillion current US$ 598.10 billion current US$ 1.64 trillion current US$ 10
2010s 1.36 trillion current US$ 1.21 trillion current US$ 1.49 trillion current US$ 10
2020s 1.51 trillion current US$ 1.29 trillion current US$ 1.72 trillion current US$ 5

Countries ranked near Spain

  1. 12 South Korea 1.88 trillion current US$ compare
  2. 13 Mexico 1.85 trillion current US$ compare
  3. 14 Australia 1.75 trillion current US$ compare
  4. 16 Indonesia 1.40 trillion current US$ compare
  5. 17 Turkey 1.32 trillion current US$ compare
  6. 18 Saudi Arabia 1.24 trillion current US$ 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 1.72 trillion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Spain?
The highest recorded value was 1.72 trillion current US$ in 2024.
What is the lowest gdp recorded in Spain?
The lowest recorded value was 40.96 billion current US$ in 1970.
How does Spain rank for gdp?
Spain ranks 15th out of 211 countries with data for 2024.
Is gdp rising or falling in Spain?
Over the last ten years it is up 24.8%. 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 US$). 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-us-2/spain/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release