GERD by sector of performance and socioeconomic objectives (NABS 2007) in Spain
Spain: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 23,938 Million euro in 2024. ▲ Rising
GERD by sector of performance and socioeconomic objectives in Spain, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gerd by sector of performance and socioeconomic objectives in Spain is 23,938 Million euro, measured in 2024. That is the highest value across all 22 years on record.
That represents a change of up 7.0% on the previous year and up 86.7% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in Spain peaked at 23,938 Million euro in 2024 and was at its lowest, 8,213 Million euro, in 2003.
That places Spain 14th out of 54 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
GERD by sector of performance and socioeconomic objectives (NABS 2007) in Spain, year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 8,213 Million euro | — |
| 2004 | 8,946 Million euro | +8.9% |
| 2005 | 10,197 Million euro | +14.0% |
| 2006 | 11,815 Million euro | +15.9% |
| 2007 | 13,342 Million euro | +12.9% |
| 2008 | 14,701 Million euro | +10.2% |
| 2009 | 14,582 Million euro | -0.8% |
| 2010 | 14,588 Million euro | +0.0% |
| 2011 | 14,184 Million euro | -2.8% |
| 2012 | 13,392 Million euro | -5.6% |
| 2013 | 13,012 Million euro | -2.8% |
| 2014 | 12,821 Million euro | -1.5% |
| 2015 | 13,172 Million euro | +2.7% |
| 2016 | 13,260 Million euro | +0.7% |
| 2017 | 14,063 Million euro | +6.1% |
| 2018 | 14,946 Million euro | +6.3% |
| 2019 | 15,572 Million euro | +4.2% |
| 2020 | 15,768 Million euro | +1.3% |
| 2021 | 17,249 Million euro | +9.4% |
| 2022 | 19,325 Million euro | +12.0% |
| 2023 | 22,379 Million euro | +15.8% |
| 2024 | 23,938 Million euro | +7.0% |
Spain compared with similar countries
- Spain's 23,938 Million euro is above the median for Europe & Central Asia, which is 5,020 Million euro, 4.8× the median. (35 countries reporting)
- Spain's 23,938 Million euro is above the median for high income countries, which is 8,893 Million euro, 2.7× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11,685 Million euro | 8,213 Million euro | 14,701 Million euro | 7 |
| 2010s | 13,901 Million euro | 12,821 Million euro | 15,572 Million euro | 10 |
| 2020s | 19,732 Million euro | 15,768 Million euro | 23,938 Million euro | 5 |
Countries ranked near Spain
- 11 Switzerland 26,643 Million euro compare
- 12 Netherlands 26,437 Million euro compare
- 13 Netherlands 25,678 Million euro compare
- 15 Belgium 20,165 Million euro compare
- 16 Sweden 19,900 Million euro compare
- 17 Türkiye 18,323 Million euro 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 gerd by sector of performance and socioeconomic objectives in Spain?
- Gerd by sector of performance and socioeconomic objectives in Spain was 23,938 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in Spain?
- The highest recorded value was 23,938 Million euro in 2024.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in Spain?
- The lowest recorded value was 8,213 Million euro in 2003.
- How does Spain rank for gerd by sector of performance and socioeconomic objectives?
- Spain ranks 14th out of 54 countries with data for 2024.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in Spain?
- Over the last ten years it is up 86.7%. 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 GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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