Economic Outlook No 117 — Harmonised headline inflation in Spain

Spain: Economic Outlook No 117 — Harmonised headline inflation was 1.91 in 2026. ◆ Volatile

Latest (2026)
1.91
Change on year
down 21.4%
World rank
7th
of 12 countries
All-time high
8.32
in 2022
All-time low
-0.6293
in 2015
Years of data
34
1993–2026

Economic Outlook No 117 — Harmonised headline inflation in Spain, 1993–2026

024681993200920261993: 4.91994: 4.61995: 4.61996: 3.61997: 1.91998: 1.81999: 2.22000: 3.52001: 2.82002: 3.62003: 3.12004: 3.12005: 3.42006: 3.62007: 2.82008: 4.12009: -0.2392010: 22011: 32012: 2.42013: 1.52014: -0.192015: -0.6292016: -0.3372017: 22018: 1.72019: 0.782020: -0.3372021: 32022: 8.32023: 3.42024: 2.92025: 2.42026: 1.9

Source: Organisation for Economic Co-operation and Development.

Analysis

In 2026, economic outlook no 117 — harmonised headline inflation in Spain stood at 1.91.

The figure is down 21.4% on the previous year and up 666.3% over ten years.

Over the whole period, economic outlook no 117 — harmonised headline inflation in Spain peaked at 8.32 in 2022 and was at its lowest, -0.6293, in 2015.

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

Economic Outlook No 117 — Harmonised headline inflation in Spain, year by year

Annual values for Economic Outlook No 117 — Harmonised headline inflation in Spain, 1993 to 2026.
Year Value Change
1993 4.87
1994 4.63 -5.0%
1995 4.58 -1.1%
1996 3.57 -22.0%
1997 1.88 -47.3%
1998 1.77 -6.1%
1999 2.23 +26.5%
2000 3.49 +56.1%
2001 2.82 -18.9%
2002 3.59 +27.1%
2003 3.1 -13.6%
2004 3.05 -1.6%
2005 3.38 +10.8%
2006 3.56 +5.2%
2007 2.84 -20.2%
2008 4.13 +45.3%
2009 -0.239 -105.8%
2010 2.04 -954.9%
2011 3.05 +49.3%
2012 2.44 -20.1%
2013 1.53 -37.2%
2014 -0.1901 -112.4%
2015 -0.6293 +231.1%
2016 -0.3367 -46.5%
2017 2.04 -704.8%
2018 1.74 -14.8%
2019 0.7797 -55.1%
2020 -0.3373 -143.3%
2021 3.01 -991.9%
2022 8.32 +176.7%
2023 3.4 -59.1%
2024 2.87 -15.7%
2025 2.42 -15.4%
2026 1.91 -21.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.36 1.77 4.87 7
2000s 2.97 -0.239 4.13 10
2010s 1.25 -0.6293 3.05 10
2020s 3.08 -0.3373 8.32 7

Countries ranked near Spain

  1. 4 Greece 2.04 compare
  2. 5 Ireland 2 compare
  3. 6 Austria 1.92 compare
  4. 8 Italy 1.88 compare
  5. 9 Finland 1.87 compare
  6. 10 Luxembourg 1.86 compare

See the full ranking of 20 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is economic outlook no 117 — harmonised headline inflation in Spain?
Economic outlook no 117 — harmonised headline inflation in Spain was 1.91 in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 117 — harmonised headline inflation recorded in Spain?
The highest recorded value was 8.32 in 2022.
What is the lowest economic outlook no 117 — harmonised headline inflation recorded in Spain?
The lowest recorded value was -0.6293 in 2015.
How does Spain rank for economic outlook no 117 — harmonised headline inflation?
Spain ranks 7th out of 12 countries with data for 2026.
Is economic outlook no 117 — harmonised headline inflation rising or falling in Spain?
Over the last ten years it is up 666.3%. 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 — Harmonised headline inflation. Statizoid updates them automatically from the source API.

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Economic Outlook No 117 — Harmonised headline inflation in Spain. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 23 August 2026, from https://economy.statizoid.com/stat/economic-outlook-no-117-harmonised-headline-inflation/spain/

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About this data

Indicator
Economic Outlook No 117 — Harmonised headline inflation
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
20 places, 649 data points, 1991–2026
Last refreshed

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