Spain vs Upper middle income: Foreign direct investment, net outflows
Foreign direct investment, net outflows over time
- Spain
- Upper middle income
How they compare
Upper middle income currently reports 228.01 billion BoP, current US$ against 46.38 billion BoP, current US$ in Spain, a difference of 181.63 billion BoP, current US$.
That makes Upper middle income's figure about 4.9 times Spain's.
The two have swapped places 5 times across 56 shared years of data; in 1970 it was Spain ahead.
Spain ranks 14th and Upper middle income ranks 13th of 191 countries.
Across the 6 decades both report, Spain averaged higher in 2 and Upper middle income in 4.
Head to head by decade
| Decade | Spain | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 95.47 million BoP, current US$ | 194.91 million BoP, current US$ | 99.44 million BoP, current US$ | Upper middle income |
| 1980s | 566.58 million BoP, current US$ | 1.31 billion BoP, current US$ | 739.42 million BoP, current US$ | Upper middle income |
| 1990s | 11.22 billion BoP, current US$ | 10.17 billion BoP, current US$ | 1.05 billion BoP, current US$ | Spain |
| 2000s | 60.77 billion BoP, current US$ | 52.91 billion BoP, current US$ | 7.86 billion BoP, current US$ | Spain |
| 2010s | 41.14 billion BoP, current US$ | 198.31 billion BoP, current US$ | 157.17 billion BoP, current US$ | Upper middle income |
| 2020s | 57.45 billion BoP, current US$ | 260.76 billion BoP, current US$ | 203.31 billion BoP, current US$ | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign direct investment, net outflows, Spain or Upper middle income?
- Upper middle income, at 228.01 billion BoP, current US$ against 46.38 billion BoP, current US$ in Spain as of 2025.
- What is the difference in foreign direct investment, net outflows between Spain and Upper middle income?
- 181.63 billion BoP, current US$, with Upper middle income ahead.
- How many years of comparable data are there for Spain and Upper middle income?
- 56 years are reported by both, from 1970 to 2025.
- How do Spain and Upper middle income rank globally for foreign direct investment, net outflows?
- Spain ranks 14th and Upper middle income ranks 13th of 191 countries.
- Where does this data come from?
- Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as Foreign direct investment, net outflows (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars.