Gross capital formation in Spain
Spain: Gross capital formation was 5.8% in 2025. ◆ Volatile
Gross capital formation in Spain, 1971–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Spain is 5.8%, measured in 2025.
Compared with earlier readings it is up 24.0% on the previous year and down 47.6% over ten years.
Over the whole period, gross capital formation in Spain peaked at 14.8% in 1988 and was at its lowest, -18.4%, in 2009.
That places Spain 70th out of 168 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Spain, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | -2.3% | — |
| 1972 | 14.5% | -742.2% |
| 1973 | 12.0% | -16.7% |
| 1974 | 10.0% | -17.0% |
| 1975 | -4.6% | -145.7% |
| 1976 | -1.0% | -78.0% |
| 1977 | -3.7% | +271.6% |
| 1978 | -5.5% | +47.1% |
| 1979 | -2.2% | -60.2% |
| 1980 | 2.6% | -219.7% |
| 1981 | -8.6% | -429.0% |
| 1982 | 1.5% | -117.0% |
| 1983 | -2.2% | -251.1% |
| 1984 | -1.7% | -21.8% |
| 1985 | 5.1% | -397.6% |
| 1986 | 12.1% | +134.8% |
| 1987 | 12.9% | +6.9% |
| 1988 | 14.8% | +15.0% |
| 1989 | 11.5% | -22.2% |
| 1990 | 6.2% | -45.9% |
| 1991 | 1.4% | -76.8% |
| 1992 | -3.7% | -352.6% |
| 1993 | -11.6% | +215.9% |
| 1994 | 3.5% | -130.0% |
| 1995 | 7.6% | +118.9% |
| 1996 | 2.2% | -71.6% |
| 1997 | 5.4% | +151.9% |
| 1998 | 11.6% | +113.5% |
| 1999 | 10.5% | -9.3% |
| 2000 | 7.2% | -31.8% |
| 2001 | 3.8% | -47.2% |
| 2002 | 3.8% | -0.4% |
| 2003 | 5.9% | +57.2% |
| 2004 | 4.7% | -20.0% |
| 2005 | 6.5% | +37.2% |
| 2006 | 7.6% | +17.3% |
| 2007 | 4.1% | -46.2% |
| 2008 | -4.1% | -200.0% |
| 2009 | -18.4% | +346.8% |
| 2010 | -3.9% | -78.9% |
| 2011 | -7.3% | +87.5% |
| 2012 | -10.3% | +41.1% |
| 2013 | -3.7% | -63.7% |
| 2014 | 6.3% | -268.7% |
| 2015 | 11.0% | +75.4% |
| 2016 | 1.0% | -90.6% |
| 2017 | 5.4% | +420.8% |
| 2018 | 8.3% | +54.6% |
| 2019 | 2.6% | -69.4% |
| 2020 | -11.9% | -567.8% |
| 2021 | 10.5% | -188.0% |
| 2022 | 5.4% | -48.4% |
| 2023 | -1.4% | -125.9% |
| 2024 | 4.7% | -431.9% |
| 2025 | 5.8% | +24.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.9% | -5.5% | 14.5% | 9 |
| 1980s | 4.8% | -8.6% | 14.8% | 10 |
| 1990s | 3.3% | -11.6% | 11.6% | 10 |
| 2000s | 2.1% | -18.4% | 7.6% | 10 |
| 2010s | 0.9% | -10.3% | 11.0% | 10 |
| 2020s | 2.2% | -11.9% | 10.5% | 6 |
Countries ranked near Spain
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)
- GDP (current US$), annual growth rate 10.48 % change on previous year (2025)
- GDP (current US$), per capita 38,627 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.82 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 34,184 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.82 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7705 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 29,763 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross capital formation in Spain?
- Gross capital formation in Spain was 5.8% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Spain?
- The highest recorded value was 14.8% in 1988.
- What is the lowest gross capital formation recorded in Spain?
- The lowest recorded value was -18.4% in 2009.
- How does Spain rank for gross capital formation?
- Spain ranks 70th out of 168 countries with data for 2025.
- Is gross capital formation rising or falling in Spain?
- Over the last ten years it is down 47.6%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.