Current account balance in Spain
Spain: Current account balance was 56.02 billion BoP, current US$ in 2025. ◆ Volatile
Current account balance in Spain, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, current account balance in Spain stood at 56.02 billion BoP, current US$. That is the highest value across all 51 years on record.
The figure is up 2.0% on the previous year and up 128.0% over ten years.
Over the whole period, current account balance in Spain peaked at 56.02 billion BoP, current US$ in 2025 and was at its lowest, -144.25 billion BoP, current US$, in 2008.
That places Spain 10th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Spain, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -3.89 billion BoP, current US$ | — |
| 1976 | -4.62 billion BoP, current US$ | +18.7% |
| 1977 | -2.46 billion BoP, current US$ | -46.9% |
| 1978 | 1.25 billion BoP, current US$ | -150.9% |
| 1979 | 756.53 million BoP, current US$ | -39.5% |
| 1980 | -5.58 billion BoP, current US$ | -837.6% |
| 1981 | -5.36 billion BoP, current US$ | -3.9% |
| 1982 | -4.55 billion BoP, current US$ | -15.2% |
| 1983 | -3.01 billion BoP, current US$ | -33.8% |
| 1984 | 1.78 billion BoP, current US$ | -159.0% |
| 1985 | 2.79 billion BoP, current US$ | +56.7% |
| 1986 | 3.91 billion BoP, current US$ | +40.5% |
| 1987 | -263.47 million BoP, current US$ | -106.7% |
| 1988 | -3.80 billion BoP, current US$ | +1340.6% |
| 1989 | -10.92 billion BoP, current US$ | +187.8% |
| 1990 | -18.01 billion BoP, current US$ | +64.9% |
| 1991 | -19.80 billion BoP, current US$ | +9.9% |
| 1992 | -21.54 billion BoP, current US$ | +8.8% |
| 1993 | -5.80 billion BoP, current US$ | -73.1% |
| 1994 | -6.39 billion BoP, current US$ | +10.1% |
| 1995 | -1.97 billion BoP, current US$ | -69.2% |
| 1996 | -2.23 billion BoP, current US$ | +13.6% |
| 1997 | -829.67 million BoP, current US$ | -62.9% |
| 1998 | -7.25 billion BoP, current US$ | +774.0% |
| 1999 | -20.41 billion BoP, current US$ | +181.5% |
| 2000 | -25.48 billion BoP, current US$ | +24.8% |
| 2001 | -27.18 billion BoP, current US$ | +6.7% |
| 2002 | -25.77 billion BoP, current US$ | -5.2% |
| 2003 | -34.56 billion BoP, current US$ | +34.1% |
| 2004 | -58.03 billion BoP, current US$ | +67.9% |
| 2005 | -83.29 billion BoP, current US$ | +43.5% |
| 2006 | -110.97 billion BoP, current US$ | +33.2% |
| 2007 | -138.34 billion BoP, current US$ | +24.7% |
| 2008 | -144.25 billion BoP, current US$ | +4.3% |
| 2009 | -58.97 billion BoP, current US$ | -59.1% |
| 2010 | -51.08 billion BoP, current US$ | -13.4% |
| 2011 | -38.52 billion BoP, current US$ | -24.6% |
| 2012 | 1.68 billion BoP, current US$ | -104.4% |
| 2013 | 28.31 billion BoP, current US$ | +1588.8% |
| 2014 | 23.96 billion BoP, current US$ | -15.3% |
| 2015 | 24.57 billion BoP, current US$ | +2.5% |
| 2016 | 39.26 billion BoP, current US$ | +59.8% |
| 2017 | 37.39 billion BoP, current US$ | -4.8% |
| 2018 | 26.65 billion BoP, current US$ | -28.7% |
| 2019 | 29.75 billion BoP, current US$ | +11.6% |
| 2020 | 10.57 billion BoP, current US$ | -64.5% |
| 2021 | 11.18 billion BoP, current US$ | +5.8% |
| 2022 | 5.50 billion BoP, current US$ | -50.8% |
| 2023 | 44.25 billion BoP, current US$ | +705.0% |
| 2024 | 54.93 billion BoP, current US$ | +24.1% |
| 2025 | 56.02 billion BoP, current US$ | +2.0% |
Spain compared with similar countries
- Spain's 56.02 billion BoP, current US$ is above the median for high income countries, which is 303.23 million BoP, current US$, 184.7× the median. (72 countries reporting)
- Spain's 56.02 billion BoP, current US$ is above the median for Europe & Central Asia, which is -814.98 million BoP, current US$. (51 countries reporting)
Biggest year-on-year movements
Years where Current account balance in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +1588.8% | 1.68 billion BoP, current US$ | 28.31 billion BoP, current US$ |
| 1988 | -1340.6% | -263.47 million BoP, current US$ | -3.80 billion BoP, current US$ |
| 1980 | -837.6% | 756.53 million BoP, current US$ | -5.58 billion BoP, current US$ |
| 1998 | -774.0% | -829.67 million BoP, current US$ | -7.25 billion BoP, current US$ |
| 2023 | +705.0% | 5.50 billion BoP, current US$ | 44.25 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.79 billion BoP, current US$ | -4.62 billion BoP, current US$ | 1.25 billion BoP, current US$ | 5 |
| 1980s | -2.50 billion BoP, current US$ | -10.92 billion BoP, current US$ | 3.91 billion BoP, current US$ | 10 |
| 1990s | -10.42 billion BoP, current US$ | -21.54 billion BoP, current US$ | -829.67 million BoP, current US$ | 10 |
| 2000s | -70.68 billion BoP, current US$ | -144.25 billion BoP, current US$ | -25.48 billion BoP, current US$ | 10 |
| 2010s | 12.20 billion BoP, current US$ | -51.08 billion BoP, current US$ | 39.26 billion BoP, current US$ | 10 |
| 2020s | 30.41 billion BoP, current US$ | 5.50 billion BoP, current US$ | 56.02 billion BoP, current US$ | 6 |
Countries ranked near Spain
- 7 Singapore 100.93 billion BoP, current US$ compare
- 8 Norway 74.13 billion BoP, current US$ compare
- 9 Switzerland 72.88 billion BoP, current US$ compare
- 11 Hong Kong 54.47 billion BoP, current US$ compare
- 12 Denmark 51.77 billion BoP, current US$ compare
- 13 Russia 43.06 billion BoP, current US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 46.38 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 939.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -34.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 569.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Spain?
- Current account balance in Spain was 56.02 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Spain?
- The highest recorded value was 56.02 billion BoP, current US$ in 2025.
- What is the lowest current account balance recorded in Spain?
- The lowest recorded value was -144.25 billion BoP, current US$ in 2008.
- How does Spain rank for current account balance?
- Spain ranks 10th out of 200 countries with data for 2025.
- Is current account balance rising or falling in Spain?
- Over the last ten years it is up 128.0%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.