Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Spain

Spain: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 3.15 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.15 % change on previous year
Change on year
up 17.8%
World rank
116th
of 236 countries
All-time high
8.15 % change on previous year
in 1972
All-time low
-10.94 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Spain, 1971–2024

-10-50510197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Spain recorded 3.15 % change on previous year for gross domestic product — value us$, 2015 prices, annual growth rate in 2024.

The figure is up 17.8% on the previous year and up 107.2% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Spain peaked at 8.15 % change on previous year in 1972 and was at its lowest, -10.94 % change on previous year, in 2020.

Spain ranks 116th of 236 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Spain, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Spain, 1971 to 2024.
Year % change on previous year Change
1971 4.65 % change on previous year
1972 8.15 % change on previous year +75.3%
1973 7.79 % change on previous year -4.4%
1974 5.62 % change on previous year -27.9%
1975 0.5423 % change on previous year -90.3%
1976 3.3 % change on previous year +509.3%
1977 2.84 % change on previous year -14.1%
1978 1.46 % change on previous year -48.5%
1979 0.0416 % change on previous year -97.2%
1980 2.21 % change on previous year +5211.0%
1981 -0.1326 % change on previous year -106.0%
1982 1.25 % change on previous year -1040.2%
1983 1.77 % change on previous year +42.0%
1984 1.78 % change on previous year +0.8%
1985 2.32 % change on previous year +30.1%
1986 3.25 % change on previous year +40.1%
1987 5.55 % change on previous year +70.5%
1988 5.09 % change on previous year -8.2%
1989 4.83 % change on previous year -5.2%
1990 3.78 % change on previous year -21.7%
1991 2.55 % change on previous year -32.7%
1992 0.9292 % change on previous year -63.5%
1993 -1.03 % change on previous year -211.0%
1994 2.38 % change on previous year -331.1%
1995 2.76 % change on previous year +15.7%
1996 2.61 % change on previous year -5.4%
1997 3.59 % change on previous year +37.6%
1998 4.3 % change on previous year +19.9%
1999 4.41 % change on previous year +2.5%
2000 5.2 % change on previous year +18.0%
2001 3.92 % change on previous year -24.6%
2002 2.76 % change on previous year -29.7%
2003 2.94 % change on previous year +6.6%
2004 3.11 % change on previous year +6.0%
2005 3.55 % change on previous year +14.0%
2006 4.04 % change on previous year +13.8%
2007 3.53 % change on previous year -12.6%
2008 0.7667 % change on previous year -78.3%
2009 -3.77 % change on previous year -591.5%
2010 0.0942 % change on previous year -102.5%
2011 -0.6399 % change on previous year -779.0%
2012 -2.86 % change on previous year +347.7%
2013 -1.43 % change on previous year -50.2%
2014 1.52 % change on previous year -206.5%
2015 4.06 % change on previous year +167.0%
2016 2.92 % change on previous year -28.2%
2017 2.9 % change on previous year -0.7%
2018 2.39 % change on previous year -17.3%
2019 1.96 % change on previous year -18.1%
2020 -10.94 % change on previous year -657.8%
2021 6.68 % change on previous year -161.1%
2022 6.18 % change on previous year -7.5%
2023 2.68 % change on previous year -56.7%
2024 3.15 % change on previous year +17.8%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +5211.0% 0.0416 % change on previous year 2.21 % change on previous year
1982 +1040.2% -0.1326 % change on previous year 1.25 % change on previous year
2011 -779.0% 0.0942 % change on previous year -0.6399 % change on previous year
2020 -657.8% 1.96 % change on previous year -10.94 % change on previous year
2009 -591.5% 0.7667 % change on previous year -3.77 % change on previous year
1976 +509.3% 0.5423 % change on previous year 3.3 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.82 % change on previous year 0.0416 % change on previous year 8.15 % change on previous year 9
1980s 2.79 % change on previous year -0.1326 % change on previous year 5.55 % change on previous year 10
1990s 2.63 % change on previous year -1.03 % change on previous year 4.41 % change on previous year 10
2000s 2.61 % change on previous year -3.77 % change on previous year 5.2 % change on previous year 10
2010s 1.09 % change on previous year -2.86 % change on previous year 4.06 % change on previous year 10
2020s 1.55 % change on previous year -10.94 % change on previous year 6.68 % change on previous year 5

Countries ranked near Spain

  1. 113 Puerto Rico 3.23 % change on previous year compare
  2. 114 Turkey 3.18 % change on previous year compare
  3. 114 Türkiye 3.18 % change on previous year compare
  4. 117 Uruguay 3.11 % change on previous year compare
  5. 118 Monaco 3.08 % change on previous year compare
  6. 119 Caribbean 3.07 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices, annual growth rate in Spain?
Gross domestic product — value us$, 2015 prices, annual growth rate in Spain was 3.15 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Spain?
The highest recorded value was 8.15 % change on previous year in 1972.
What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Spain?
The lowest recorded value was -10.94 % change on previous year in 2020.
How does Spain rank for gross domestic product — value us$, 2015 prices, annual growth rate?
Spain ranks 116th out of 236 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Spain?
Over the last ten years it is up 107.2%. 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 — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Spain. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices-annual-growth-rate/spain/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Domestic Product — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,306 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.