GDP growth in Spain

Spain: GDP growth was 3.46 in 2024. β—† Volatile

Latest (2024)
3.46
Change on year
up 40.4%
World rank
24th
of 74 countries
All-time high
11.84
in 1961
All-time low
-10.94
in 2020
Years of data
64
1961–2024

GDP growth in Spain, 1961–2024

-10-50510196119922024

Source: UNICEF.

Analysis

Spain recorded 3.46 for gdp growth in 2024.

Compared with earlier readings it is up 40.4% on the previous year and up 127.2% over ten years.

Over the whole period, gdp growth in Spain peaked at 11.84 in 1961 and was at its lowest, -10.94, in 2020.

Spain ranks 24th 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.78 4.34 11.84 9
1970s 3.86 0.0415 8.15 10
1980s 2.79 -0.1325 5.55 10
1990s 2.63 -1.03 4.41 10
2000s 2.61 -3.77 5.2 10
2010s 1.09 -2.87 4.06 10
2020s 1.61 -10.94 6.68 5

Countries ranked near Spain

  1. 21 Algeria 3.7 compare
  2. 22 Iran, Islamic Republic of 3.66 compare
  3. 23 Denmark 3.48 compare
  4. 25 Bulgaria 3.39 compare
  5. 26 Andorra 3.37 compare
  6. 27 TΓΌrkiye 3.33 compare

See the full ranking of 74 places β†’

More economy & growth data for Spain

All data for Spain β†’

Frequently asked questions

What is gdp growth in Spain?
Gdp growth in Spain was 3.46 in 2024, according to UNICEF.
What is the highest gdp growth recorded in Spain?
The highest recorded value was 11.84 in 1961.
What is the lowest gdp growth recorded in Spain?
The lowest recorded value was -10.94 in 2020.
How does Spain rank for gdp growth?
Spain ranks 24th out of 74 countries with data for 2024.
Is gdp growth rising or falling in Spain?
Over the last ten years it is up 127.2%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Spain. Statizoid, drawing on UNICEF. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/gdp-growth-annual-percent-4/spain/

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About this data

Indicator
GDP growth (annual %)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,610 data points, 1961–2024
Last refreshed