Gross capital formation in Spain
Spain: Gross capital formation was 309.59 billion constant 2015 US$ in 2025. ▲ Rising
Gross capital formation in Spain, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross capital formation in Spain stood at 309.59 billion constant 2015 US$.
The figure is up 5.8% on the previous year and up 32.5% over ten years.
Over the whole period, gross capital formation in Spain peaked at 328.50 billion constant 2015 US$ in 2007 and was at its lowest, 85.56 billion constant 2015 US$, in 1971.
That places Spain 14th out of 163 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 56 years of available data.
Gross capital formation in Spain, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 87.53 billion constant 2015 US$ | — |
| 1971 | 85.56 billion constant 2015 US$ | -2.3% |
| 1972 | 97.93 billion constant 2015 US$ | +14.5% |
| 1973 | 109.72 billion constant 2015 US$ | +12.0% |
| 1974 | 120.69 billion constant 2015 US$ | +10.0% |
| 1975 | 115.18 billion constant 2015 US$ | -4.6% |
| 1976 | 114.03 billion constant 2015 US$ | -1.0% |
| 1977 | 109.78 billion constant 2015 US$ | -3.7% |
| 1978 | 103.75 billion constant 2015 US$ | -5.5% |
| 1979 | 101.49 billion constant 2015 US$ | -2.2% |
| 1980 | 104.14 billion constant 2015 US$ | +2.6% |
| 1981 | 95.18 billion constant 2015 US$ | -8.6% |
| 1982 | 96.58 billion constant 2015 US$ | +1.5% |
| 1983 | 94.44 billion constant 2015 US$ | -2.2% |
| 1984 | 92.81 billion constant 2015 US$ | -1.7% |
| 1985 | 97.58 billion constant 2015 US$ | +5.1% |
| 1986 | 109.36 billion constant 2015 US$ | +12.1% |
| 1987 | 123.47 billion constant 2015 US$ | +12.9% |
| 1988 | 141.79 billion constant 2015 US$ | +14.8% |
| 1989 | 158.15 billion constant 2015 US$ | +11.5% |
| 1990 | 168.03 billion constant 2015 US$ | +6.2% |
| 1991 | 170.46 billion constant 2015 US$ | +1.4% |
| 1992 | 164.23 billion constant 2015 US$ | -3.7% |
| 1993 | 145.26 billion constant 2015 US$ | -11.5% |
| 1994 | 150.30 billion constant 2015 US$ | +3.5% |
| 1995 | 161.71 billion constant 2015 US$ | +7.6% |
| 1996 | 165.20 billion constant 2015 US$ | +2.2% |
| 1997 | 174.18 billion constant 2015 US$ | +5.4% |
| 1998 | 194.39 billion constant 2015 US$ | +11.6% |
| 1999 | 214.86 billion constant 2015 US$ | +10.5% |
| 2000 | 230.28 billion constant 2015 US$ | +7.2% |
| 2001 | 239.01 billion constant 2015 US$ | +3.8% |
| 2002 | 248.03 billion constant 2015 US$ | +3.8% |
| 2003 | 262.74 billion constant 2015 US$ | +5.9% |
| 2004 | 275.21 billion constant 2015 US$ | +4.7% |
| 2005 | 293.14 billion constant 2015 US$ | +6.5% |
| 2006 | 315.53 billion constant 2015 US$ | +7.6% |
| 2007 | 328.50 billion constant 2015 US$ | +4.1% |
| 2008 | 315.00 billion constant 2015 US$ | -4.1% |
| 2009 | 257.14 billion constant 2015 US$ | -18.4% |
| 2010 | 247.18 billion constant 2015 US$ | -3.9% |
| 2011 | 229.22 billion constant 2015 US$ | -7.3% |
| 2012 | 205.71 billion constant 2015 US$ | -10.3% |
| 2013 | 198.05 billion constant 2015 US$ | -3.7% |
| 2014 | 210.49 billion constant 2015 US$ | +6.3% |
| 2015 | 233.68 billion constant 2015 US$ | +11.0% |
| 2016 | 236.10 billion constant 2015 US$ | +1.0% |
| 2017 | 248.84 billion constant 2015 US$ | +5.4% |
| 2018 | 269.59 billion constant 2015 US$ | +8.3% |
| 2019 | 276.46 billion constant 2015 US$ | +2.6% |
| 2020 | 243.48 billion constant 2015 US$ | -11.9% |
| 2021 | 269.05 billion constant 2015 US$ | +10.5% |
| 2022 | 283.64 billion constant 2015 US$ | +5.4% |
| 2023 | 279.66 billion constant 2015 US$ | -1.4% |
| 2024 | 292.69 billion constant 2015 US$ | +4.7% |
| 2025 | 309.59 billion constant 2015 US$ | +5.8% |
Spain compared with similar countries
- Spain's 309.59 billion constant 2015 US$ is above the median for high income countries, which is 50.23 billion constant 2015 US$, 6.2× the median. (58 countries reporting)
- Spain's 309.59 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 21.86 billion constant 2015 US$, 14.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 104.57 billion constant 2015 US$ | 85.56 billion constant 2015 US$ | 120.69 billion constant 2015 US$ | 10 |
| 1980s | 111.35 billion constant 2015 US$ | 92.81 billion constant 2015 US$ | 158.15 billion constant 2015 US$ | 10 |
| 1990s | 170.86 billion constant 2015 US$ | 145.26 billion constant 2015 US$ | 214.86 billion constant 2015 US$ | 10 |
| 2000s | 276.46 billion constant 2015 US$ | 230.28 billion constant 2015 US$ | 328.50 billion constant 2015 US$ | 10 |
| 2010s | 235.53 billion constant 2015 US$ | 198.05 billion constant 2015 US$ | 276.46 billion constant 2015 US$ | 10 |
| 2020s | 279.68 billion constant 2015 US$ | 243.48 billion constant 2015 US$ | 309.59 billion constant 2015 US$ | 6 |
Countries ranked near Spain
- 11 Indonesia 428.53 billion constant 2015 US$ compare
- 12 Canada 406.46 billion constant 2015 US$ compare
- 13 Brazil 344.80 billion constant 2015 US$ compare
- 15 Mexico 296.44 billion constant 2015 US$ compare
- 16 Saudi Arabia 286.19 billion constant 2015 US$ compare
- 17 Switzerland 234.70 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 46.38 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 939.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -34.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 569.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Spain?
- Gross capital formation in Spain was 309.59 billion constant 2015 US$ 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 328.50 billion constant 2015 US$ in 2007.
- What is the lowest gross capital formation recorded in Spain?
- The lowest recorded value was 85.56 billion constant 2015 US$ in 1971.
- How does Spain rank for gross capital formation?
- Spain ranks 14th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Spain?
- Over the last ten years it is up 32.5%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.