External balance on goods and services in Spain
Spain: External balance on goods and services was 64.52 billion current LCU in 2025. ◆ Volatile
Latest (2025)
64.52 billion current LCU
Change on year
down 2.8%
World rank
43rd
of 193 countries
All-time high
66.35 billion current LCU
in 2024
All-time low
-62.29 billion current LCU
in 2007
Years of data
56
1970–2025
External balance on goods and services in Spain, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Spain recorded 64.52 billion current LCU for external balance on goods and services in 2025.
That represents a change of down 2.8% on the previous year and up 96.8% over ten years.
Over the whole period, external balance on goods and services in Spain peaked at 66.35 billion current LCU in 2024 and was at its lowest, -62.29 billion current LCU, in 2007.
That places Spain 43rd out of 193 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Spain, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | -266.82 million current LCU | — |
| 1971 | 28.53 million current LCU | -110.7% |
| 1972 | -111.50 million current LCU | -490.8% |
| 1973 | -399.23 million current LCU | +258.0% |
| 1974 | -1.79 billion current LCU | +348.7% |
| 1975 | -1.71 billion current LCU | -4.5% |
| 1976 | -2.35 billion current LCU | +37.3% |
| 1977 | -1.60 billion current LCU | -31.9% |
| 1978 | 36.19 million current LCU | -102.3% |
| 1979 | -357.39 million current LCU | -1087.4% |
| 1980 | -2.97 billion current LCU | +731.7% |
| 1981 | -3.15 billion current LCU | +5.8% |
| 1982 | -3.31 billion current LCU | +5.1% |
| 1983 | -2.35 billion current LCU | -28.8% |
| 1984 | 1.81 billion current LCU | -176.9% |
| 1985 | 1.64 billion current LCU | -9.5% |
| 1986 | 2.26 billion current LCU | +38.0% |
| 1987 | -2.01 billion current LCU | -189.2% |
| 1988 | -5.50 billion current LCU | +173.3% |
| 1989 | -12.28 billion current LCU | +123.2% |
| 1990 | -13.62 billion current LCU | +10.9% |
| 1991 | -14.20 billion current LCU | +4.3% |
| 1992 | -13.92 billion current LCU | -2.0% |
| 1993 | -6.08 billion current LCU | -56.3% |
| 1994 | -4.27 billion current LCU | -29.7% |
| 1995 | -5.05 billion current LCU | +18.3% |
| 1996 | -741.00 million current LCU | -85.3% |
| 1997 | 1.06 billion current LCU | -243.6% |
| 1998 | -2.39 billion current LCU | -324.8% |
| 1999 | -11.41 billion current LCU | +377.1% |
| 2000 | -19.06 billion current LCU | +67.0% |
| 2001 | -15.84 billion current LCU | -16.9% |
| 2002 | -14.80 billion current LCU | -6.6% |
| 2003 | -17.70 billion current LCU | +19.6% |
| 2004 | -31.85 billion current LCU | +80.0% |
| 2005 | -44.72 billion current LCU | +40.4% |
| 2006 | -57.45 billion current LCU | +28.5% |
| 2007 | -62.29 billion current LCU | +8.4% |
| 2008 | -52.65 billion current LCU | -15.5% |
| 2009 | -9.29 billion current LCU | -82.4% |
| 2010 | -11.18 billion current LCU | +20.3% |
| 2011 | 2.83 billion current LCU | -125.3% |
| 2012 | 21.19 billion current LCU | +648.2% |
| 2013 | 39.41 billion current LCU | +86.0% |
| 2014 | 31.58 billion current LCU | -19.9% |
| 2015 | 32.78 billion current LCU | +3.8% |
| 2016 | 44.53 billion current LCU | +35.8% |
| 2017 | 42.51 billion current LCU | -4.5% |
| 2018 | 33.22 billion current LCU | -21.9% |
| 2019 | 37.42 billion current LCU | +12.7% |
| 2020 | 17.12 billion current LCU | -54.3% |
| 2021 | 12.23 billion current LCU | -28.6% |
| 2022 | 12.07 billion current LCU | -1.2% |
| 2023 | 57.45 billion current LCU | +375.8% |
| 2024 | 66.35 billion current LCU | +15.5% |
| 2025 | 64.52 billion current LCU | -2.8% |
Spain compared with similar countries
- Spain's 64.52 billion current LCU is above the median for high income countries, which is 3.18 billion current LCU, 20.3× the median. (72 countries reporting)
- Spain's 64.52 billion current LCU is above the median for Europe & Central Asia, which is 96.00 million current LCU, 672.1× the median. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services 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 |
|---|---|---|---|
| 1979 | -1087.4% | 36.19 million current LCU | -357.39 million current LCU |
| 1980 | -731.7% | -357.39 million current LCU | -2.97 billion current LCU |
| 2012 | +648.2% | 2.83 billion current LCU | 21.19 billion current LCU |
| 1972 | -490.8% | 28.53 million current LCU | -111.50 million current LCU |
| 2023 | +375.8% | 12.07 billion current LCU | 57.45 billion current LCU |
| 1999 | -377.1% | -2.39 billion current LCU | -11.41 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -852.15 million current LCU | -2.35 billion current LCU | 36.19 million current LCU | 10 |
| 1980s | -2.59 billion current LCU | -12.28 billion current LCU | 2.26 billion current LCU | 10 |
| 1990s | -7.06 billion current LCU | -14.20 billion current LCU | 1.06 billion current LCU | 10 |
| 2000s | -32.56 billion current LCU | -62.29 billion current LCU | -9.29 billion current LCU | 10 |
| 2010s | 27.43 billion current LCU | -11.18 billion current LCU | 44.53 billion current LCU | 10 |
| 2020s | 38.29 billion current LCU | 12.07 billion current LCU | 66.35 billion current LCU | 6 |
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)
- 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 external balance on goods and services in Spain?
- External balance on goods and services in Spain was 64.52 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Spain?
- The highest recorded value was 66.35 billion current LCU in 2024.
- What is the lowest external balance on goods and services recorded in Spain?
- The lowest recorded value was -62.29 billion current LCU in 2007.
- How does Spain rank for external balance on goods and services?
- Spain ranks 43rd out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Spain?
- Over the last ten years it is up 96.8%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.