Expense in Spain
Spain: Expense was 34.0% in 2023. ▲ Rising
Expense in Spain, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Spain stood at 34.0%.
Compared with earlier readings it is down 3.7% on the previous year and down 3.7% over ten years.
Over the whole period, expense in Spain peaked at 40.4% in 2020 and was at its lowest, 16.0%, in 1972.
That places Spain 41st out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 43 years of available data.
Expense in Spain, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 16.0% | — |
| 1973 | 16.2% | +1.2% |
| 1974 | 16.4% | +1.3% |
| 1975 | 17.3% | +5.4% |
| 1976 | 17.6% | +1.7% |
| 1977 | 19.2% | +9.0% |
| 1978 | 21.0% | +9.2% |
| 1979 | 22.5% | +7.5% |
| 1980 | 23.1% | +2.5% |
| 1981 | 23.5% | +1.6% |
| 1982 | 26.3% | +12.0% |
| 1983 | 26.9% | +2.5% |
| 1984 | 27.6% | +2.6% |
| 1985 | 29.6% | +7.3% |
| 1986 | 29.5% | -0.3% |
| 1987 | 29.6% | +0.1% |
| 1988 | 29.1% | -1.6% |
| 1989 | 29.4% | +1.0% |
| 1990 | 29.4% | -0.2% |
| 1991 | 30.2% | +2.8% |
| 1992 | 31.7% | +5.2% |
| 1993 | 34.7% | +9.2% |
| 1994 | 33.8% | -2.5% |
| 2004 | 28.9% | -14.5% |
| 2005 | 27.3% | -5.5% |
| 2006 | 27.2% | -0.3% |
| 2007 | 27.4% | +0.8% |
| 2008 | 28.6% | +4.3% |
| 2009 | 32.4% | +13.3% |
| 2010 | 31.5% | -2.9% |
| 2011 | 31.2% | -0.9% |
| 2012 | 38.0% | +21.9% |
| 2013 | 35.3% | -7.1% |
| 2014 | 34.5% | -2.3% |
| 2015 | 32.7% | -5.4% |
| 2016 | 32.4% | -0.7% |
| 2017 | 31.4% | -3.3% |
| 2018 | 31.7% | +1.2% |
| 2019 | 32.1% | +1.2% |
| 2020 | 40.4% | +25.7% |
| 2021 | 38.4% | -5.0% |
| 2022 | 35.3% | -7.9% |
| 2023 | 34.0% | -3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.3% | 16.0% | 22.5% | 8 |
| 1980s | 27.5% | 23.1% | 29.6% | 10 |
| 1990s | 31.9% | 29.4% | 34.7% | 5 |
| 2000s | 28.6% | 27.2% | 32.4% | 6 |
| 2010s | 33.1% | 31.2% | 38.0% | 10 |
| 2020s | 37.0% | 34.0% | 40.4% | 4 |
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)
- Net primary income (Net income from abroad) (current LCU), annual 17.91 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 16.62 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0939 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,625 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 11.71 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0831 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,208 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.005 (1998)
Frequently asked questions
- What is expense in Spain?
- Expense in Spain was 34.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Spain?
- The highest recorded value was 40.4% in 2020.
- What is the lowest expense recorded in Spain?
- The lowest recorded value was 16.0% in 1972.
- How does Spain rank for expense?
- Spain ranks 41st out of 157 countries with data for 2023.
- Is expense rising or falling in Spain?
- Over the last ten years it is down 3.7%. The long-run trend across the full record is rising.
- Where does this Spain data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.