Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Spain

Spain: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 1.62 Percent per annum in 2029. ◆ Volatile

Latest (2029)
1.62 Percent per annum
Change on year
down 1.1%
World rank
136th
of 166 countries
All-time high
6.4 Percent per annum
in 2021
All-time low
-11.17 Percent per annum
in 2020
Years of data
40
1990–2029

Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Spain, 1990–2029

-10-5051990200920291990: 3.8 Percent per annum1991: 2.5 Percent per annum1992: 0.851 Percent per annum1993: -1.3 Percent per annum1994: 2.3 Percent per annum1995: 4.1 Percent per annum1996: 2.4 Percent per annum1997: 3.9 Percent per annum1998: 4.5 Percent per annum1999: 4.7 Percent per annum2000: 5.1 Percent per annum2001: 3.9 Percent per annum2002: 2.7 Percent per annum2003: 3 Percent per annum2004: 3.1 Percent per annum2005: 3.7 Percent per annum2006: 4.1 Percent per annum2007: 3.6 Percent per annum2008: 0.889 Percent per annum2009: -3.8 Percent per annum2010: 0.165 Percent per annum2011: -0.814 Percent per annum2012: -3 Percent per annum2013: -1.4 Percent per annum2014: 1.4 Percent per annum2015: 3.8 Percent per annum2016: 3 Percent per annum2017: 3 Percent per annum2018: 2.3 Percent per annum2019: 2 Percent per annum2020: -11.2 Percent per annum2021: 6.4 Percent per annum2022: 5.8 Percent per annum2023: 2.5 Percent per annum2024: 1.9 Percent per annum2025: 2.1 Percent per annum2026: 1.8 Percent per annum2027: 1.6 Percent per annum2028: 1.6 Percent per annum2029: 1.6 Percent per annum

Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.

Analysis

The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Spain is 1.62 Percent per annum, measured in 2029.

That represents a change of down 1.1% on the previous year and down 18.4% over ten years.

Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Spain peaked at 6.4 Percent per annum in 2021 and was at its lowest, -11.17 Percent per annum, in 2020.

That places Spain 136th out of 166 countries with data for 2029, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Spain, year by year

Annual values for Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product in Spain, 1990 to 2029.
Year Percent per annum Change
1990 3.85 Percent per annum
1991 2.53 Percent per annum -34.3%
1992 0.8506 Percent per annum -66.3%
1993 -1.31 Percent per annum -254.4%
1994 2.33 Percent per annum -277.7%
1995 4.12 Percent per annum +76.6%
1996 2.42 Percent per annum -41.3%
1997 3.87 Percent per annum +59.6%
1998 4.47 Percent per annum +15.6%
1999 4.75 Percent per annum +6.2%
2000 5.05 Percent per annum +6.5%
2001 3.93 Percent per annum -22.2%
2002 2.73 Percent per annum -30.6%
2003 2.98 Percent per annum +9.3%
2004 3.13 Percent per annum +4.8%
2005 3.65 Percent per annum +16.9%
2006 4.1 Percent per annum +12.2%
2007 3.61 Percent per annum -12.0%
2008 0.8891 Percent per annum -75.4%
2009 -3.77 Percent per annum -523.6%
2010 0.1651 Percent per annum -104.4%
2011 -0.8142 Percent per annum -593.3%
2012 -2.96 Percent per annum +263.8%
2013 -1.4 Percent per annum -52.7%
2014 1.4 Percent per annum -199.7%
2015 3.84 Percent per annum +174.5%
2016 3.04 Percent per annum -20.8%
2017 2.98 Percent per annum -2.0%
2018 2.28 Percent per annum -23.3%
2019 1.98 Percent per annum -13.1%
2020 -11.17 Percent per annum -663.0%
2021 6.4 Percent per annum -157.3%
2022 5.77 Percent per annum -9.8%
2023 2.5 Percent per annum -56.7%
2024 1.9 Percent per annum -24.1%
2025 2.08 Percent per annum +9.7%
2026 1.82 Percent per annum -12.6%
2027 1.63 Percent per annum -10.6%
2028 1.64 Percent per annum +0.5%
2029 1.62 Percent per annum -1.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.79 Percent per annum -1.31 Percent per annum 4.75 Percent per annum 10
2000s 2.63 Percent per annum -3.77 Percent per annum 5.05 Percent per annum 10
2010s 1.05 Percent per annum -2.96 Percent per annum 3.84 Percent per annum 10
2020s 1.42 Percent per annum -11.17 Percent per annum 6.4 Percent per annum 10

Countries ranked near Spain

  1. 133 Portugal 1.9 Percent per annum compare
  2. 134 OECD 1.86 Percent per annum compare
  3. 135 Canada 1.66 Percent per annum compare
  4. 137 Qatar 1.61 Percent per annum compare
  5. 138 Jamaica 1.6 Percent per annum compare
  6. 139 Finland 1.51 Percent per annum compare

See the full ranking of 240 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is africa's development dynamics (afdd) table 02 - annual real gdp in Spain?
Africa's development dynamics (afdd) table 02 - annual real gdp in Spain was 1.62 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Spain?
The highest recorded value was 6.4 Percent per annum in 2021.
What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Spain?
The lowest recorded value was -11.17 Percent per annum in 2020.
How does Spain rank for africa's development dynamics (afdd) table 02 - annual real gdp?
Spain ranks 136th out of 166 countries with data for 2029.
Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Spain?
Over the last ten years it is down 18.4%. The long-run trend across the full record is volatile.
Where does this Spain data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.

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Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Spain. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/africa-s-development-dynamics-afdd-table-02-annual-real-gdp-growth-rate-growth-rate-of/spain/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product
Unit
Percent per annum
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
240 places, 9,193 data points, 1990–2029
Last refreshed

The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.