Economic Outlook No 117 — Current account balance in Spain
Spain: Economic Outlook No 117 — Current account balance was 48.59 billion in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance in Spain, 1975–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — current account balance in Spain stood at 48.59 billion. That is the highest value across all 52 years on record.
The figure is up 5.8% on the previous year and up 37.5% over ten years.
Over the whole period, economic outlook no 117 — current account balance in Spain peaked at 48.59 billion in 2026 and was at its lowest, -100.76 billion, in 2007.
Spain ranks 11th of 36 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -1.18 billion | — |
| 1976 | -1.65 billion | +39.6% |
| 1977 | -898.57 million | -45.5% |
| 1978 | 484.87 million | -154.0% |
| 1979 | 269.78 million | -44.4% |
| 1980 | -2.11 billion | -880.5% |
| 1981 | -2.54 billion | +20.8% |
| 1982 | -2.65 billion | +4.2% |
| 1983 | -2.14 billion | -19.2% |
| 1984 | 1.53 billion | -171.6% |
| 1985 | 2.42 billion | +57.7% |
| 1986 | 2.88 billion | +19.0% |
| 1987 | -66.38 million | -102.3% |
| 1988 | -2.29 billion | +3349.6% |
| 1989 | -6.87 billion | +200.0% |
| 1990 | -9.76 billion | +42.1% |
| 1991 | -9.06 billion | -7.2% |
| 1992 | -11.19 billion | +23.5% |
| 1993 | -6.67 billion | -40.4% |
| 1994 | -4.84 billion | -27.5% |
| 1995 | -5.49 billion | +13.6% |
| 1996 | -3.89 billion | -29.2% |
| 1997 | -3.46 billion | -11.1% |
| 1998 | -9.02 billion | +160.5% |
| 1999 | -19.06 billion | +111.4% |
| 2000 | -27.43 billion | +43.9% |
| 2001 | -30.25 billion | +10.3% |
| 2002 | -27.45 billion | -9.3% |
| 2003 | -30.67 billion | +11.8% |
| 2004 | -46.59 billion | +51.9% |
| 2005 | -66.78 billion | +43.3% |
| 2006 | -88.40 billion | +32.4% |
| 2007 | -100.76 billion | +14.0% |
| 2008 | -97.80 billion | -2.9% |
| 2009 | -42.67 billion | -56.4% |
| 2010 | -38.33 billion | -10.2% |
| 2011 | -27.93 billion | -27.1% |
| 2012 | 1.61 billion | -105.8% |
| 2013 | 21.34 billion | +1222.5% |
| 2014 | 18.49 billion | -13.4% |
| 2015 | 22.24 billion | +20.3% |
| 2016 | 35.34 billion | +58.9% |
| 2017 | 32.69 billion | -7.5% |
| 2018 | 22.76 billion | -30.4% |
| 2019 | 26.69 billion | +17.3% |
| 2020 | 8.91 billion | -66.6% |
| 2021 | 9.55 billion | +7.2% |
| 2022 | 4.81 billion | -49.6% |
| 2023 | 39.77 billion | +726.6% |
| 2024 | 48.14 billion | +21.0% |
| 2025 | 45.93 billion | -4.6% |
| 2026 | 48.59 billion | +5.8% |
Spain compared with similar countries
- Spain's 48.59 billion is above the median for high income countries, which is 3.53 billion, 13.8× the median. (29 countries reporting)
- Spain's 48.59 billion is above the median for Europe & Central Asia, which is 13.51 billion, 3.6× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Economic Outlook No 117 — 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 |
|---|---|---|---|
| 1988 | -3349.6% | -66.38 million | -2.29 billion |
| 2013 | +1222.5% | 1.61 billion | 21.34 billion |
| 1980 | -880.5% | 269.78 million | -2.11 billion |
| 2023 | +726.6% | 4.81 billion | 39.77 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -594.37 million | -1.65 billion | 484.87 million | 5 |
| 1980s | -1.18 billion | -6.87 billion | 2.88 billion | 10 |
| 1990s | -8.24 billion | -19.06 billion | -3.46 billion | 10 |
| 2000s | -55.88 billion | -100.76 billion | -27.43 billion | 10 |
| 2010s | 11.49 billion | -38.33 billion | 35.34 billion | 10 |
| 2020s | 29.39 billion | 4.81 billion | 48.59 billion | 7 |
Countries ranked near Spain
More economy & growth data for Spain
- Real gdp growth, annual growth rate -19.94 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -9.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 298.15 units per person (2025)
- SDRs holdings, SDR, annual growth rate -13.48 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 217.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.3 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 117 — current account balance in Spain?
- Economic outlook no 117 — current account balance in Spain was 48.59 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance recorded in Spain?
- The highest recorded value was 48.59 billion in 2026.
- What is the lowest economic outlook no 117 — current account balance recorded in Spain?
- The lowest recorded value was -100.76 billion in 2007.
- How does Spain rank for economic outlook no 117 — current account balance?
- Spain ranks 11th out of 36 countries with data for 2026.
- Is economic outlook no 117 — current account balance rising or falling in Spain?
- Over the last ten years it is up 37.5%. 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 Economic Outlook No 117 — Current account balance. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP