GDP weights used in the calculation of the global specific indicator in Spain
Spain: GDP weights used in the calculation of the global specific indicator was 9.1% in 2023. ▲ Rising
GDP weights used in the calculation of the global specific indicator in Spain, 2014–2023
Source: Eurostat. Measured in Percentage of EU27 (from 2020) total (based on million purchasing power standard.
Analysis
The most recent figure for gdp weights used in the calculation of the global specific indicator in Spain is 9.1%, measured in 2023. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 5.8% over ten years.
Over the whole period, gdp weights used in the calculation of the global specific indicator in Spain peaked at 9.1% in 2021 and was at its lowest, 8.2%, in 2020.
That places Spain 6th out of 37 countries with data for 2023, putting it in the top quarter.
GDP weights used in the calculation of the global specific indicator in Spain, year by year
| Year | Percentage of EU27 (from 2020) total (based on million purchasing power standard | Change |
|---|---|---|
| 2014 | 8.6% | — |
| 2015 | 8.3% | -3.5% |
| 2016 | 8.3% | +0.0% |
| 2017 | 8.3% | +0.0% |
| 2018 | 8.4% | +1.2% |
| 2019 | 8.3% | -1.2% |
| 2020 | 8.2% | -1.2% |
| 2021 | 9.1% | +11.0% |
| 2022 | 8.9% | -2.2% |
| 2023 | 9.1% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.4% | 8.3% | 8.6% | 6 |
| 2020s | 8.8% | 8.2% | 9.1% | 4 |
Countries ranked near Spain
- 3 United Kingdom of Great Britain and Northern Ireland 13.5% compare
- 3 United Kingdom 13.5% compare
- 5 Italy 12.8% compare
- 7 Poland 6.7% compare
- 7 Poland 6.7% compare
- 9 Netherlands 5.2% compare
- 9 Netherlands 5.2% compare
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)
- Services, value added (constant LCU), per capita 20,179 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 2.91 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9062 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 35,002 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8019 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 30,976 current LCU per person (2025)
Frequently asked questions
- What is gdp weights used in the calculation of the global specific indicator in Spain?
- Gdp weights used in the calculation of the global specific indicator in Spain was 9.1% in 2023, according to Eurostat.
- What is the highest gdp weights used in the calculation of the global specific indicator recorded in Spain?
- The highest recorded value was 9.1% in 2021.
- What is the lowest gdp weights used in the calculation of the global specific indicator recorded in Spain?
- The lowest recorded value was 8.2% in 2020.
- How does Spain rank for gdp weights used in the calculation of the global specific indicator?
- Spain ranks 6th out of 37 countries with data for 2023.
- Is gdp weights used in the calculation of the global specific indicator rising or falling in Spain?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- Where does this Spain data come from?
- The figures come from Eurostat, published as part of GDP weights used in the calculation of the global specific indicator. Statizoid updates them automatically from the source API.
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