GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Spain

Spain: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 2.98 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.98 % change on previous year
Change on year
down 52.2%
World rank
131st
of 209 countries
All-time high
23.38 % change on previous year
in 1977
All-time low
-0.2207 % change on previous year
in 2014
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Spain, 1971–2024

0510152025197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Spain recorded 2.98 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.

That represents a change of down 52.2% on the previous year and up 1,451.4% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Spain peaked at 23.38 % change on previous year in 1977 and was at its lowest, -0.2207 % change on previous year, in 2014.

Spain ranks 131st of 209 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 Deflator — Value Standard Local Currency, 2015 prices, annual in Spain, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Spain, 1971 to 2024.
Year % change on previous year Change
1971 7.85 % change on previous year
1972 8.52 % change on previous year +8.6%
1973 11.85 % change on previous year +39.1%
1974 15.95 % change on previous year +34.6%
1975 16.78 % change on previous year +5.2%
1976 16.49 % change on previous year -1.7%
1977 23.38 % change on previous year +41.8%
1978 20.63 % change on previous year -11.8%
1979 16.93 % change on previous year -17.9%
1980 13.36 % change on previous year -21.1%
1981 12.35 % change on previous year -7.5%
1982 13.58 % change on previous year +10.0%
1983 11.88 % change on previous year -12.5%
1984 10.86 % change on previous year -8.6%
1985 8.6 % change on previous year -20.9%
1986 10.88 % change on previous year +26.6%
1987 5.94 % change on previous year -45.4%
1988 5.94 % change on previous year -0.1%
1989 6.9 % change on previous year +16.2%
1990 7.33 % change on previous year +6.2%
1991 6.94 % change on previous year -5.3%
1992 6.71 % change on previous year -3.2%
1993 4.54 % change on previous year -32.4%
1994 3.88 % change on previous year -14.5%
1995 4.93 % change on previous year +27.1%
1996 3.53 % change on previous year -28.4%
1997 2.46 % change on previous year -30.2%
1998 2.63 % change on previous year +6.9%
1999 2.62 % change on previous year -0.6%
2000 3.41 % change on previous year +30.3%
2001 4.16 % change on previous year +22.0%
2002 4.09 % change on previous year -1.7%
2003 4 % change on previous year -2.1%
2004 3.91 % change on previous year -2.3%
2005 4.21 % change on previous year +7.7%
2006 4.07 % change on previous year -3.3%
2007 3.56 % change on previous year -12.6%
2008 2.45 % change on previous year -31.1%
2009 0.2313 % change on previous year -90.6%
2010 0.2929 % change on previous year +26.6%
2011 -0.146 % change on previous year -149.9%
2012 -0.2029 % change on previous year +39.0%
2013 0.4382 % change on previous year -315.9%
2014 -0.2207 % change on previous year -150.4%
2015 0.5524 % change on previous year -350.3%
2016 0.372 % change on previous year -32.7%
2017 1.26 % change on previous year +238.3%
2018 1.19 % change on previous year -5.6%
2019 1.43 % change on previous year +20.3%
2020 1.13 % change on previous year -20.6%
2021 2.56 % change on previous year +125.3%
2022 4.71 % change on previous year +84.4%
2023 6.24 % change on previous year +32.3%
2024 2.98 % change on previous year -52.2%

Spain compared with similar countries

  • Spain's 2.98 % change on previous year is above the median for high income countries, which is 2.83 % change on previous year, 1.1× the median. (68 countries reporting)
  • Spain's 2.98 % change on previous year is below the median for Europe & Central Asia, which is 3.37 % change on previous year, 89% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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.

YearChange FromTo
2015 +350.3% -0.2207 % change on previous year 0.5524 % change on previous year
2013 +315.9% -0.2029 % change on previous year 0.4382 % change on previous year
2017 +238.3% 0.372 % change on previous year 1.26 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.38 % change on previous year 7.85 % change on previous year 23.38 % change on previous year 9
1980s 10.03 % change on previous year 5.94 % change on previous year 13.58 % change on previous year 10
1990s 4.56 % change on previous year 2.46 % change on previous year 7.33 % change on previous year 10
2000s 3.41 % change on previous year 0.2313 % change on previous year 4.21 % change on previous year 10
2010s 0.496 % change on previous year -0.2207 % change on previous year 1.43 % change on previous year 10
2020s 3.52 % change on previous year 1.13 % change on previous year 6.24 % change on previous year 5

Countries ranked near Spain

  1. 128 Canada 3.04 % change on previous year compare
  2. 129 Sint Maarten (Dutch part) 3 % change on previous year compare
  3. 130 Puerto Rico 2.98 % change on previous year compare
  4. 132 Philippines 2.91 % change on previous year compare
  5. 133 Japan 2.87 % change on previous year compare
  6. 134 North Macedonia 2.87 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Spain?
Gdp deflator — value standard local currency, 2015 prices, annual in Spain was 2.98 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Spain?
The highest recorded value was 23.38 % change on previous year in 1977.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Spain?
The lowest recorded value was -0.2207 % change on previous year in 2014.
How does Spain rank for gdp deflator — value standard local currency, 2015 prices, annual?
Spain ranks 131st out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Spain?
Over the last ten years it is up 1,451.4%. The long-run trend across the full record is volatile.
Where does this Spain data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Spain. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/spain/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.