Italy vs Spain: External balance on goods and services
External balance on goods and services over time
- Italy
- Spain
How they compare
Italy currently reports 50.21 billion constant LCU against 43.63 billion constant LCU in Spain, a difference of 6.58 billion constant LCU.
That makes Italy's figure about 1.2 times Spain's.
The two have swapped places 3 times across 56 shared years of data; in 1970 it was Spain ahead.
Italy ranks 29th and Spain ranks 31st of 161 countries.
Italy has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Italy | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.56 billion constant LCU | 4.39 billion constant LCU | 5.17 billion constant LCU | Italy |
| 1980s | 17.40 billion constant LCU | 16.80 billion constant LCU | 609.20 million constant LCU | Italy |
| 1990s | 32.99 billion constant LCU | -3.68 billion constant LCU | 36.67 billion constant LCU | Italy |
| 2000s | 19.77 billion constant LCU | -39.16 billion constant LCU | 58.93 billion constant LCU | Italy |
| 2010s | 57.64 billion constant LCU | 31.92 billion constant LCU | 25.72 billion constant LCU | Italy |
| 2020s | 56.64 billion constant LCU | 36.48 billion constant LCU | 20.16 billion constant LCU | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Italy or Spain?
- Italy, at 50.21 billion constant LCU against 43.63 billion constant LCU in Spain as of 2025.
- What is the difference in external balance on goods and services between Italy and Spain?
- 6.58 billion constant LCU, with Italy ahead.
- How many years of comparable data are there for Italy and Spain?
- 56 years are reported by both, from 1970 to 2025.
- How do Italy and Spain rank globally for external balance on goods and services?
- Italy ranks 29th and Spain ranks 31st of 161 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.