GDP (current LCU) (UNICEF) in Spain
Spain: GDP (current LCU) (UNICEF) was 1.59 trillion in 2024. ◆ Volatile
Latest (2024)
1.59 trillion
Change on year
up 6.4%
World rank
32nd
of 74 countries
All-time high
1.59 trillion
in 2024
All-time low
4.48 billion
in 1960
Years of data
65
1960–2024
GDP in Spain, 1960–2024
Source: UNICEF.
Analysis
In 2024, gdp in Spain stood at 1.59 trillion. That is the highest value across all 65 years on record.
The figure is up 6.4% on the previous year and up 53.5% over ten years.
Over the whole period, gdp in Spain peaked at 1.59 trillion in 2024 and was at its lowest, 4.48 billion, in 1960.
Spain ranks 32nd of 74 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.
GDP (current LCU) (UNICEF) in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 4.48 billion | — |
| 1961 | 5.13 billion | +14.6% |
| 1962 | 5.99 billion | +16.7% |
| 1963 | 7.08 billion | +18.2% |
| 1964 | 7.92 billion | +11.9% |
| 1965 | 9.19 billion | +16.0% |
| 1966 | 10.66 billion | +16.0% |
| 1967 | 12.07 billion | +13.2% |
| 1968 | 13.63 billion | +12.9% |
| 1969 | 15.60 billion | +14.5% |
| 1970 | 17.23 billion | +10.4% |
| 1971 | 19.45 billion | +12.9% |
| 1972 | 22.83 billion | +17.4% |
| 1973 | 27.52 billion | +20.6% |
| 1974 | 33.70 billion | +22.5% |
| 1975 | 39.57 billion | +17.4% |
| 1976 | 47.62 billion | +20.3% |
| 1977 | 60.42 billion | +26.9% |
| 1978 | 73.95 billion | +22.4% |
| 1979 | 86.51 billion | +17.0% |
| 1980 | 100.23 billion | +15.9% |
| 1981 | 112.46 billion | +12.2% |
| 1982 | 129.32 billion | +15.0% |
| 1983 | 147.25 billion | +13.9% |
| 1984 | 166.17 billion | +12.8% |
| 1985 | 184.64 billion | +11.1% |
| 1986 | 211.39 billion | +14.5% |
| 1987 | 236.37 billion | +11.8% |
| 1988 | 263.16 billion | +11.3% |
| 1989 | 294.89 billion | +12.1% |
| 1990 | 328.46 billion | +11.4% |
| 1991 | 360.18 billion | +9.7% |
| 1992 | 387.93 billion | +7.7% |
| 1993 | 401.34 billion | +3.5% |
| 1994 | 426.85 billion | +6.4% |
| 1995 | 460.26 billion | +7.8% |
| 1996 | 488.95 billion | +6.2% |
| 1997 | 518.97 billion | +6.1% |
| 1998 | 555.56 billion | +7.1% |
| 1999 | 595.24 billion | +7.1% |
| 2000 | 647.57 billion | +8.8% |
| 2001 | 700.96 billion | +8.2% |
| 2002 | 749.74 billion | +7.0% |
| 2003 | 802.68 billion | +7.1% |
| 2004 | 860.06 billion | +7.1% |
| 2005 | 928.12 billion | +7.9% |
| 2006 | 1.00 trillion | +8.3% |
| 2007 | 1.08 trillion | +7.2% |
| 2008 | 1.11 trillion | +3.2% |
| 2009 | 1.07 trillion | -3.5% |
| 2010 | 1.08 trillion | +0.4% |
| 2011 | 1.07 trillion | -0.8% |
| 2012 | 1.04 trillion | -3.1% |
| 2013 | 1.03 trillion | -1.0% |
| 2014 | 1.04 trillion | +1.3% |
| 2015 | 1.09 trillion | +4.6% |
| 2016 | 1.12 trillion | +3.3% |
| 2017 | 1.17 trillion | +4.2% |
| 2018 | 1.21 trillion | +3.6% |
| 2019 | 1.25 trillion | +3.4% |
| 2020 | 1.13 trillion | -9.9% |
| 2021 | 1.24 trillion | +9.4% |
| 2022 | 1.38 trillion | +11.4% |
| 2023 | 1.50 trillion | +8.9% |
| 2024 | 1.59 trillion | +6.4% |
Spain compared with similar countries
- Spain's 1.59 trillion is above the median for high income countries, which is 528.44 billion, 3.0× the median. (42 countries reporting)
- Spain's 1.59 trillion is above the median for Europe & Central Asia, which is 591.53 billion, 2.7× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.18 billion | 4.48 billion | 15.60 billion | 10 |
| 1970s | 42.88 billion | 17.23 billion | 86.51 billion | 10 |
| 1980s | 184.59 billion | 100.23 billion | 294.89 billion | 10 |
| 1990s | 452.37 billion | 328.46 billion | 595.24 billion | 10 |
| 2000s | 895.71 billion | 647.57 billion | 1.11 trillion | 10 |
| 2010s | 1.11 trillion | 1.03 trillion | 1.25 trillion | 10 |
| 2020s | 1.37 trillion | 1.13 trillion | 1.59 trillion | 5 |
Countries ranked near Spain
- 29 United Arab Emirates 2.03 trillion compare
- 30 Romania 1.76 trillion compare
- 31 Morocco 1.60 trillion compare
- 33 Kyrgyzstan 1.52 trillion compare
- 34 Netherlands 1.12 trillion compare
- 35 North Macedonia 964.09 billion compare
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 gdp in Spain?
- Gdp in Spain was 1.59 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Spain?
- The highest recorded value was 1.59 trillion in 2024.
- What is the lowest gdp recorded in Spain?
- The lowest recorded value was 4.48 billion in 1960.
- How does Spain rank for gdp?
- Spain ranks 32nd out of 74 countries with data for 2024.
- Is gdp rising or falling in Spain?
- Over the last ten years it is up 53.5%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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