GDP deflator (base year varies by country), annual growth rate in Spain

Spain: GDP deflator (base year varies by country), annual growth rate was 2.98 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.98 % change on previous year
Change on year
down 52.1%
World rank
135th
of 211 countries
All-time high
23.38 % change on previous year
in 1977
All-time low
-0.2207 % change on previous year
in 2014
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Spain, 1971–2024

0510152025197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Spain recorded 2.98 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.

The figure is down 52.1% on the previous year and up 1,452.1% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Spain peaked at 23.38 % change on previous year in 1977 and was at its lowest, -0.2207 % change on previous year, in 2014.

Spain ranks 135th 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 deflator (base year varies by country), annual growth rate in Spain, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Spain, 1971 to 2024.
Year % change on previous year Change
1971 7.85 % change on previous year
1972 8.52 % change on previous year +8.6%
1973 11.85 % change on previous year +39.1%
1974 15.95 % change on previous year +34.6%
1975 16.78 % change on previous year +5.2%
1976 16.49 % change on previous year -1.7%
1977 23.38 % change on previous year +41.8%
1978 20.63 % change on previous year -11.8%
1979 16.93 % change on previous year -17.9%
1980 13.35 % change on previous year -21.1%
1981 12.35 % change on previous year -7.5%
1982 13.58 % change on previous year +10.0%
1983 11.88 % change on previous year -12.5%
1984 10.86 % change on previous year -8.6%
1985 8.6 % change on previous year -20.9%
1986 10.88 % change on previous year +26.6%
1987 5.94 % change on previous year -45.4%
1988 5.94 % change on previous year -0.1%
1989 6.9 % change on previous year +16.2%
1990 7.33 % change on previous year +6.2%
1991 6.94 % change on previous year -5.3%
1992 6.71 % change on previous year -3.2%
1993 4.54 % change on previous year -32.4%
1994 3.88 % change on previous year -14.5%
1995 4.93 % change on previous year +27.1%
1996 3.53 % change on previous year -28.4%
1997 2.47 % change on previous year -30.2%
1998 2.63 % change on previous year +6.9%
1999 2.62 % change on previous year -0.6%
2000 3.41 % change on previous year +30.3%
2001 4.16 % change on previous year +22.0%
2002 4.09 % change on previous year -1.7%
2003 4 % change on previous year -2.1%
2004 3.91 % change on previous year -2.3%
2005 4.21 % change on previous year +7.7%
2006 4.07 % change on previous year -3.3%
2007 3.56 % change on previous year -12.6%
2008 2.45 % change on previous year -31.1%
2009 0.2312 % change on previous year -90.6%
2010 0.2929 % change on previous year +26.7%
2011 -0.146 % change on previous year -149.8%
2012 -0.203 % change on previous year +39.0%
2013 0.4382 % change on previous year -315.9%
2014 -0.2207 % change on previous year -150.4%
2015 0.5523 % change on previous year -350.3%
2016 0.3722 % change on previous year -32.6%
2017 1.26 % change on previous year +238.0%
2018 1.19 % change on previous year -5.6%
2019 1.43 % change on previous year +20.3%
2020 1.13 % change on previous year -20.6%
2021 2.56 % change on previous year +125.4%
2022 4.71 % change on previous year +84.3%
2023 6.24 % change on previous year +32.3%
2024 2.98 % change on previous year -52.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.38 % change on previous year 7.85 % change on previous year 23.38 % change on previous year 9
1980s 10.03 % change on previous year 5.94 % change on previous year 13.58 % change on previous year 10
1990s 4.56 % change on previous year 2.47 % change on previous year 7.33 % change on previous year 10
2000s 3.41 % change on previous year 0.2312 % change on previous year 4.21 % change on previous year 10
2010s 0.496 % change on previous year -0.2207 % change on previous year 1.43 % change on previous year 10
2020s 3.52 % change on previous year 1.13 % change on previous year 6.24 % change on previous year 5

Countries ranked near Spain

  1. 132 Austria 3.05 % change on previous year compare
  2. 133 Canada 3.04 % change on previous year compare
  3. 134 Sint Maarten (Dutch part) 2.99 % change on previous year compare
  4. 136 Puerto Rico 2.98 % change on previous year compare
  5. 137 Afghanistan 2.92 % change on previous year compare
  6. 138 Philippines 2.91 % change on previous year compare

See the full ranking of 211 places →

More population data for Spain

All data for Spain →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Spain?
Gdp deflator (base year varies by country), annual growth rate in Spain was 2.98 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Spain?
The highest recorded value was 23.38 % change on previous year in 1977.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Spain?
The lowest recorded value was -0.2207 % change on previous year in 2014.
How does Spain rank for gdp deflator (base year varies by country), annual growth rate?
Spain ranks 135th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Spain?
Over the last ten years it is up 1,452.1%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Spain. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/spain/

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How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.