Annual GDP growth in Spain
Spain: Annual GDP growth was 3.5% in 2024. β Volatile
Annual GDP growth in Spain, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Spain stood at 3.5%.
Compared with earlier readings it is up 40.4% on the previous year and up 127.2% over ten years.
Over the whole period, annual gdp growth in Spain peaked at 6.7% in 2021 and was at its lowest, -10.9%, in 2020.
That places Spain 92nd out of 197 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | -3.8% | 5.2% | 10 |
| 2010s | 1.1% | -2.9% | 4.1% | 10 |
| 2020s | 1.6% | -10.9% | 6.7% | 5 |
Countries ranked near Spain
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.005 (1998)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 200.79 (1998)
- Domestic currency per US dollar (End-of-period (EoP)) 142.61 (1998)
- US dollar per domestic currency (End-of-period (EoP)) 0.007 (1998)
- Gdp worldbank constant usd, annual growth rate 2.82 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7705 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 29,763 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Spain?
- Annual gdp growth in Spain was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Spain?
- The highest recorded value was 6.7% in 2021.
- What is the lowest annual gdp growth recorded in Spain?
- The lowest recorded value was -10.9% in 2020.
- How does Spain rank for annual gdp growth?
- Spain ranks 92nd out of 197 countries with data for 2024.
- Is annual gdp growth rising or falling in Spain?
- Over the last ten years it is up 127.2%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).