Current account balance as a proportion of GDP in Spain
Spain: Current account balance as a proportion of GDP was 3.2% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Spain, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Spain is 3.2%, measured in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 16.5% on the previous year and up 83.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Spain peaked at 3.2% in 2024 and was at its lowest, -9.4%, in 2007.
That places Spain 45th out of 177 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -4.3% | — |
| 2001 | -4.3% | +1.6% |
| 2002 | -3.6% | -16.0% |
| 2003 | -3.8% | +4.7% |
| 2004 | -5.4% | +42.5% |
| 2005 | -7.2% | +33.0% |
| 2006 | -8.8% | +21.9% |
| 2007 | -9.4% | +6.5% |
| 2008 | -8.8% | -5.9% |
| 2009 | -3.9% | -55.3% |
| 2010 | -3.6% | -9.2% |
| 2011 | -2.6% | -27.6% |
| 2012 | 0.1% | -104.9% |
| 2013 | 2.1% | +1550.2% |
| 2014 | 1.7% | -16.5% |
| 2015 | 2.0% | +17.3% |
| 2016 | 3.2% | +55.0% |
| 2017 | 2.8% | -10.4% |
| 2018 | 1.9% | -34.2% |
| 2019 | 2.1% | +13.9% |
| 2020 | 0.8% | -61.4% |
| 2021 | 0.8% | -6.6% |
| 2022 | 0.4% | -50.4% |
| 2023 | 2.7% | +620.2% |
| 2024 | 3.2% | +16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.0% | -9.4% | -3.6% | 10 |
| 2010s | 1.0% | -3.6% | 3.2% | 10 |
| 2020s | 1.6% | 0.4% | 3.2% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.106 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 4,093 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0938 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 3,622 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0826 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 3,192 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 3,174 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.17 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Spain?
- Current account balance as a proportion of gdp in Spain was 3.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Spain?
- The highest recorded value was 3.2% in 2024.
- What is the lowest current account balance as a proportion of gdp recorded in Spain?
- The lowest recorded value was -9.4% in 2007.
- How does Spain rank for current account balance as a proportion of gdp?
- Spain ranks 45th out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Spain?
- Over the last ten years it is up 83.4%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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