Gross domestic product (GDP), per unit of GDP in Spain
Spain: Gross domestic product (GDP), per unit of GDP was 1.35 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Gross domestic product (GDP), per unit of GDP in Spain, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
In 2023, gross domestic product (gdp), per unit of gdp in Spain stood at 1.35 international-$ in 2021 prices per US$ of GDP.
That represents a change of down 8.2% on the previous year and up 6.8% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Spain peaked at 17.49 international-$ in 2021 prices per US$ of GDP in 1960 and was at its lowest, 1.14 international-$ in 2021 prices per US$ of GDP, in 2008.
That places Spain 136th out of 180 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in Spain, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 17.49 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 17.03 international-$ in 2021 prices per US$ of GDP | -2.6% |
| 1962 | 16.02 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 1963 | 14.85 international-$ in 2021 prices per US$ of GDP | -7.3% |
| 1964 | 13.96 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 1965 | 12.71 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 1966 | 11.78 international-$ in 2021 prices per US$ of GDP | -7.3% |
| 1967 | 11.23 international-$ in 2021 prices per US$ of GDP | -4.7% |
| 1968 | 12.07 international-$ in 2021 prices per US$ of GDP | +7.5% |
| 1969 | 11.52 international-$ in 2021 prices per US$ of GDP | -4.6% |
| 1970 | 10.86 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 1971 | 10.01 international-$ in 2021 prices per US$ of GDP | -7.8% |
| 1972 | 8.53 international-$ in 2021 prices per US$ of GDP | -14.7% |
| 1973 | 6.9 international-$ in 2021 prices per US$ of GDP | -19.2% |
| 1974 | 5.85 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 1975 | 4.98 international-$ in 2021 prices per US$ of GDP | -14.7% |
| 1976 | 5.05 international-$ in 2021 prices per US$ of GDP | +1.4% |
| 1977 | 4.72 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 1978 | 4.01 international-$ in 2021 prices per US$ of GDP | -15.0% |
| 1979 | 3.04 international-$ in 2021 prices per US$ of GDP | -24.2% |
| 1980 | 2.9 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 1981 | 3.16 international-$ in 2021 prices per US$ of GDP | +8.8% |
| 1982 | 3.15 international-$ in 2021 prices per US$ of GDP | -0.2% |
| 1983 | 3.53 international-$ in 2021 prices per US$ of GDP | +12.0% |
| 1984 | 3.44 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 1985 | 3.23 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 1986 | 2.48 international-$ in 2021 prices per US$ of GDP | -23.1% |
| 1987 | 2.11 international-$ in 2021 prices per US$ of GDP | -15.1% |
| 1988 | 1.92 international-$ in 2021 prices per US$ of GDP | -9.0% |
| 1989 | 1.86 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 1990 | 1.52 international-$ in 2021 prices per US$ of GDP | -18.2% |
| 1991 | 1.49 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 1992 | 1.4 international-$ in 2021 prices per US$ of GDP | -5.8% |
| 1993 | 1.71 international-$ in 2021 prices per US$ of GDP | +22.3% |
| 1994 | 1.77 international-$ in 2021 prices per US$ of GDP | +3.5% |
| 1995 | 1.61 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 1996 | 1.6 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 1997 | 1.87 international-$ in 2021 prices per US$ of GDP | +16.8% |
| 1998 | 1.9 international-$ in 2021 prices per US$ of GDP | +1.7% |
| 1999 | 1.93 international-$ in 2021 prices per US$ of GDP | +1.8% |
| 2000 | 2.19 international-$ in 2021 prices per US$ of GDP | +13.6% |
| 2001 | 2.18 international-$ in 2021 prices per US$ of GDP | -0.7% |
| 2002 | 2.02 international-$ in 2021 prices per US$ of GDP | -7.5% |
| 2003 | 1.57 international-$ in 2021 prices per US$ of GDP | -22.2% |
| 2004 | 1.37 international-$ in 2021 prices per US$ of GDP | -12.4% |
| 2005 | 1.37 international-$ in 2021 prices per US$ of GDP | -0.5% |
| 2006 | 1.35 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 2007 | 1.24 international-$ in 2021 prices per US$ of GDP | -7.7% |
| 2008 | 1.14 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 2009 | 1.23 international-$ in 2021 prices per US$ of GDP | +7.1% |
| 2010 | 1.27 international-$ in 2021 prices per US$ of GDP | +3.8% |
| 2011 | 1.2 international-$ in 2021 prices per US$ of GDP | -5.5% |
| 2012 | 1.33 international-$ in 2021 prices per US$ of GDP | +10.9% |
| 2013 | 1.27 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 2014 | 1.26 international-$ in 2021 prices per US$ of GDP | -0.8% |
| 2015 | 1.53 international-$ in 2021 prices per US$ of GDP | +21.6% |
| 2016 | 1.55 international-$ in 2021 prices per US$ of GDP | +1.2% |
| 2017 | 1.52 international-$ in 2021 prices per US$ of GDP | -1.9% |
| 2018 | 1.4 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 2019 | 1.53 international-$ in 2021 prices per US$ of GDP | +9.2% |
| 2020 | 1.45 international-$ in 2021 prices per US$ of GDP | -5.3% |
| 2021 | 1.37 international-$ in 2021 prices per US$ of GDP | -5.0% |
| 2022 | 1.48 international-$ in 2021 prices per US$ of GDP | +7.6% |
| 2023 | 1.35 international-$ in 2021 prices per US$ of GDP | -8.2% |
Spain compared with similar countries
- Spain's 1.35 international-$ in 2021 prices per US$ of GDP is above the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 1.1× the median. (65 countries reporting)
- Spain's 1.35 international-$ in 2021 prices per US$ of GDP is below the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 90% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.87 international-$ in 2021 prices per US$ of GDP | 11.23 international-$ in 2021 prices per US$ of GDP | 17.49 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 6.39 international-$ in 2021 prices per US$ of GDP | 3.04 international-$ in 2021 prices per US$ of GDP | 10.86 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 2.78 international-$ in 2021 prices per US$ of GDP | 1.86 international-$ in 2021 prices per US$ of GDP | 3.53 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 1.68 international-$ in 2021 prices per US$ of GDP | 1.4 international-$ in 2021 prices per US$ of GDP | 1.93 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.57 international-$ in 2021 prices per US$ of GDP | 1.14 international-$ in 2021 prices per US$ of GDP | 2.19 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.39 international-$ in 2021 prices per US$ of GDP | 1.2 international-$ in 2021 prices per US$ of GDP | 1.55 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.41 international-$ in 2021 prices per US$ of GDP | 1.35 international-$ in 2021 prices per US$ of GDP | 1.48 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Spain
- 133 Greece 1.45 international-$ in 2021 prices per US$ of GDP compare
- 134 Zimbabwe 1.41 international-$ in 2021 prices per US$ of GDP compare
- 135 Czechia 1.4 international-$ in 2021 prices per US$ of GDP compare
- 137 Grenada 1.34 international-$ in 2021 prices per US$ of GDP compare
- 138 Slovakia 1.32 international-$ in 2021 prices per US$ of GDP compare
- 139 Seychelles 1.32 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Spain?
- Gross domestic product (gdp), per unit of gdp in Spain was 1.35 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Spain?
- The highest recorded value was 17.49 international-$ in 2021 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Spain?
- The lowest recorded value was 1.14 international-$ in 2021 prices per US$ of GDP in 2008.
- How does Spain rank for gross domestic product (gdp), per unit of gdp?
- Spain ranks 136th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Spain?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.