GDP growth in Spain

Spain: GDP growth was 3.2% in 2024. β—† Volatile

Latest (2024)
3.2%
Change on year
up 17.7%
World rank
109th
of 209 countries
All-time high
8.1%
in 1972
All-time low
-10.9%
in 2020
Years of data
55
1970–2024

GDP growth in Spain, 1970–2024

-10-50510197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Spain is 3.2%, measured in 2024.

The figure is up 17.7% on the previous year and up 107.2% over ten years.

Over the whole period, gdp growth in Spain peaked at 8.1% in 1972 and was at its lowest, -10.9%, in 2020.

That places Spain 109th out of 209 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.9% 0.0% 8.1% 10
1980s 2.8% -0.1% 5.5% 10
1990s 2.6% -1.0% 4.4% 10
2000s 2.6% -3.8% 5.2% 10
2010s 1.1% -2.9% 4.1% 10
2020s 1.5% -10.9% 6.7% 5

Countries ranked near Spain

  1. 106 Pakistan 3.2% compare
  2. 107 Puerto Rico 3.2% compare
  3. 108 Turkey 3.2% compare
  4. 110 Uruguay 3.1% compare
  5. 111 Montenegro 3.0% compare
  6. 112 Iran 3.0% compare

See the full ranking of 212 places β†’

More population data for Spain

All data for Spain β†’

Frequently asked questions

What is gdp growth in Spain?
Gdp growth in Spain was 3.2% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Spain?
The highest recorded value was 8.1% in 1972.
What is the lowest gdp growth recorded in Spain?
The lowest recorded value was -10.9% in 2020.
How does Spain rank for gdp growth?
Spain ranks 109th out of 209 countries with data for 2024.
Is gdp growth rising or falling in Spain?
Over the last ten years it is up 107.2%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Spain. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/spain/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release