GDP (current US$), annual growth rate in Spain
Spain: GDP (current US$), annual growth rate was 6.34 % change on previous year in 2024. ◆ Volatile
GDP (current US$), annual growth rate in Spain, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Spain recorded 6.34 % change on previous year for gdp (current us$), annual growth rate in 2024.
Compared with earlier readings it is down 47.2% on the previous year and up 378.2% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Spain peaked at 39.01 % change on previous year in 1986 and was at its lowest, -16.78 % change on previous year, in 1993.
Spain ranks 97th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Spain, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.73 % change on previous year | — |
| 1972 | 26.84 % change on previous year | +95.6% |
| 1973 | 32.99 % change on previous year | +22.9% |
| 1974 | 23.7 % change on previous year | -28.2% |
| 1975 | 17.99 % change on previous year | -24.1% |
| 1976 | 3.25 % change on previous year | -81.9% |
| 1977 | 11.76 % change on previous year | +261.9% |
| 1978 | 21.25 % change on previous year | +80.7% |
| 1979 | 33.63 % change on previous year | +58.2% |
| 1980 | 8.46 % change on previous year | -74.8% |
| 1981 | -12.87 % change on previous year | -252.1% |
| 1982 | -3.36 % change on previous year | -73.9% |
| 1983 | -12.78 % change on previous year | +280.5% |
| 1984 | 0.6738 % change on previous year | -105.3% |
| 1985 | 5.05 % change on previous year | +649.4% |
| 1986 | 39.01 % change on previous year | +672.6% |
| 1987 | 26.83 % change on previous year | -31.2% |
| 1988 | 18.01 % change on previous year | -32.9% |
| 1989 | 10.26 % change on previous year | -43.0% |
| 1990 | 29.37 % change on previous year | +186.2% |
| 1991 | 7.57 % change on previous year | -74.2% |
| 1992 | 9.31 % change on previous year | +23.0% |
| 1993 | -16.78 % change on previous year | -280.1% |
| 1994 | 1.04 % change on previous year | -106.2% |
| 1995 | 15.84 % change on previous year | +1415.9% |
| 1996 | 4.57 % change on previous year | -71.1% |
| 1997 | -8.18 % change on previous year | -278.8% |
| 1998 | 4.92 % change on previous year | -160.1% |
| 1999 | 2.53 % change on previous year | -48.5% |
| 2000 | -5.72 % change on previous year | -326.0% |
| 2001 | 4.97 % change on previous year | -186.8% |
| 2002 | 12.92 % change on previous year | +160.3% |
| 2003 | 28.07 % change on previous year | +117.2% |
| 2004 | 17.83 % change on previous year | -36.5% |
| 2005 | 7.93 % change on previous year | -55.5% |
| 2006 | 9.28 % change on previous year | +17.0% |
| 2007 | 17.03 % change on previous year | +83.5% |
| 2008 | 10.79 % change on previous year | -36.6% |
| 2009 | -8.53 % change on previous year | -179.0% |
| 2010 | -4.58 % change on previous year | -46.3% |
| 2011 | 4.17 % change on previous year | -191.0% |
| 2012 | -10.53 % change on previous year | -352.3% |
| 2013 | 2.34 % change on previous year | -122.3% |
| 2014 | 1.33 % change on previous year | -43.5% |
| 2015 | -12.61 % change on previous year | -1051.8% |
| 2016 | 3.06 % change on previous year | -124.2% |
| 2017 | 6.33 % change on previous year | +107.3% |
| 2018 | 8.31 % change on previous year | +31.3% |
| 2019 | -1.97 % change on previous year | -123.6% |
| 2020 | -8.1 % change on previous year | +312.2% |
| 2021 | 13.29 % change on previous year | -264.1% |
| 2022 | -1.01 % change on previous year | -107.6% |
| 2023 | 12 % change on previous year | -1289.7% |
| 2024 | 6.34 % change on previous year | -47.2% |
Spain compared with similar countries
- Spain's 6.34 % change on previous year is above the median for high income countries, which is 5.39 % change on previous year, 1.2× the median. (82 countries reporting)
- Spain's 6.34 % change on previous year is above the median for Europe & Central Asia, which is 5.96 % change on previous year, 1.1× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), 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 |
|---|---|---|---|
| 1995 | +1415.9% | 1.04 % change on previous year | 15.84 % change on previous year |
| 2023 | +1289.7% | -1.01 % change on previous year | 12 % change on previous year |
| 2015 | -1051.8% | 1.33 % change on previous year | -12.61 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.57 % change on previous year | 3.25 % change on previous year | 33.63 % change on previous year | 9 |
| 1980s | 7.93 % change on previous year | -12.87 % change on previous year | 39.01 % change on previous year | 10 |
| 1990s | 5.02 % change on previous year | -16.78 % change on previous year | 29.37 % change on previous year | 10 |
| 2000s | 9.46 % change on previous year | -8.53 % change on previous year | 28.07 % change on previous year | 10 |
| 2010s | -0.4142 % change on previous year | -12.61 % change on previous year | 8.31 % change on previous year | 10 |
| 2020s | 4.5 % change on previous year | -8.1 % change on previous year | 13.29 % change on previous year | 5 |
Countries ranked near Spain
- 94 Iceland 6.39 % change on previous year compare
- 95 Lithuania 6.37 % change on previous year compare
- 96 Netherlands 6.34 % change on previous year compare
- 98 Puerto Rico 6.31 % change on previous year compare
- 99 Eswatini 6.25 % change on previous year compare
- 100 Micronesia (country) 6.2 % 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 us$), annual growth rate in Spain?
- Gdp (current us$), annual growth rate in Spain was 6.34 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Spain?
- The highest recorded value was 39.01 % change on previous year in 1986.
- What is the lowest gdp (current us$), annual growth rate recorded in Spain?
- The lowest recorded value was -16.78 % change on previous year in 1993.
- How does Spain rank for gdp (current us$), annual growth rate?
- Spain ranks 97th out of 211 countries with data for 2024.
- Is gdp (current us$), annual growth rate rising or falling in Spain?
- Over the last ten years it is up 378.2%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.