Gross fixed capital formation in Spain
Spain: Gross fixed capital formation was 303.70 billion constant 2015 US$ in 2025. ▲ Rising
Gross fixed capital formation in Spain, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Spain is 303.70 billion constant 2015 US$, measured in 2025.
The figure is up 5.8% on the previous year and up 37.6% over ten years.
Over the whole period, gross fixed capital formation in Spain peaked at 321.12 billion constant 2015 US$ in 2007 and was at its lowest, 79.97 billion constant 2015 US$, in 1971.
Spain ranks 15th of 161 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 56 years of available data.
Gross fixed capital formation in Spain, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 82.45 billion constant 2015 US$ | — |
| 1971 | 79.97 billion constant 2015 US$ | -3.0% |
| 1972 | 91.33 billion constant 2015 US$ | +14.2% |
| 1973 | 103.20 billion constant 2015 US$ | +13.0% |
| 1974 | 109.60 billion constant 2015 US$ | +6.2% |
| 1975 | 104.67 billion constant 2015 US$ | -4.5% |
| 1976 | 103.83 billion constant 2015 US$ | -0.8% |
| 1977 | 102.90 billion constant 2015 US$ | -0.9% |
| 1978 | 100.12 billion constant 2015 US$ | -2.7% |
| 1979 | 95.72 billion constant 2015 US$ | -4.4% |
| 1980 | 96.38 billion constant 2015 US$ | +0.7% |
| 1981 | 94.79 billion constant 2015 US$ | -1.7% |
| 1982 | 95.75 billion constant 2015 US$ | +1.0% |
| 1983 | 94.57 billion constant 2015 US$ | -1.2% |
| 1984 | 90.05 billion constant 2015 US$ | -4.8% |
| 1985 | 96.08 billion constant 2015 US$ | +6.7% |
| 1986 | 106.13 billion constant 2015 US$ | +10.5% |
| 1987 | 119.08 billion constant 2015 US$ | +12.2% |
| 1988 | 135.22 billion constant 2015 US$ | +13.6% |
| 1989 | 151.46 billion constant 2015 US$ | +12.0% |
| 1990 | 161.23 billion constant 2015 US$ | +6.5% |
| 1991 | 163.91 billion constant 2015 US$ | +1.7% |
| 1992 | 157.13 billion constant 2015 US$ | -4.1% |
| 1993 | 143.14 billion constant 2015 US$ | -8.9% |
| 1994 | 145.78 billion constant 2015 US$ | +1.8% |
| 1995 | 157.08 billion constant 2015 US$ | +7.7% |
| 1996 | 161.00 billion constant 2015 US$ | +2.5% |
| 1997 | 169.90 billion constant 2015 US$ | +5.5% |
| 1998 | 188.19 billion constant 2015 US$ | +10.8% |
| 1999 | 206.84 billion constant 2015 US$ | +9.9% |
| 2000 | 222.68 billion constant 2015 US$ | +7.7% |
| 2001 | 232.01 billion constant 2015 US$ | +4.2% |
| 2002 | 241.48 billion constant 2015 US$ | +4.1% |
| 2003 | 257.37 billion constant 2015 US$ | +6.6% |
| 2004 | 269.12 billion constant 2015 US$ | +4.6% |
| 2005 | 287.89 billion constant 2015 US$ | +7.0% |
| 2006 | 308.79 billion constant 2015 US$ | +7.3% |
| 2007 | 321.12 billion constant 2015 US$ | +4.0% |
| 2008 | 307.65 billion constant 2015 US$ | -4.2% |
| 2009 | 254.95 billion constant 2015 US$ | -17.1% |
| 2010 | 241.84 billion constant 2015 US$ | -5.1% |
| 2011 | 224.08 billion constant 2015 US$ | -7.3% |
| 2012 | 208.09 billion constant 2015 US$ | -7.1% |
| 2013 | 200.78 billion constant 2015 US$ | -3.5% |
| 2014 | 209.55 billion constant 2015 US$ | +4.4% |
| 2015 | 220.72 billion constant 2015 US$ | +5.3% |
| 2016 | 225.20 billion constant 2015 US$ | +2.0% |
| 2017 | 240.41 billion constant 2015 US$ | +6.8% |
| 2018 | 256.00 billion constant 2015 US$ | +6.5% |
| 2019 | 268.53 billion constant 2015 US$ | +4.9% |
| 2020 | 244.55 billion constant 2015 US$ | -8.9% |
| 2021 | 251.00 billion constant 2015 US$ | +2.6% |
| 2022 | 261.66 billion constant 2015 US$ | +4.2% |
| 2023 | 277.11 billion constant 2015 US$ | +5.9% |
| 2024 | 286.98 billion constant 2015 US$ | +3.6% |
| 2025 | 303.70 billion constant 2015 US$ | +5.8% |
Spain compared with similar countries
- Spain's 303.70 billion constant 2015 US$ is above the median for high income countries, which is 50.87 billion constant 2015 US$, 6.0× the median. (57 countries reporting)
- Spain's 303.70 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 27.92 billion constant 2015 US$, 10.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 97.38 billion constant 2015 US$ | 79.97 billion constant 2015 US$ | 109.60 billion constant 2015 US$ | 10 |
| 1980s | 107.95 billion constant 2015 US$ | 90.05 billion constant 2015 US$ | 151.46 billion constant 2015 US$ | 10 |
| 1990s | 165.42 billion constant 2015 US$ | 143.14 billion constant 2015 US$ | 206.84 billion constant 2015 US$ | 10 |
| 2000s | 270.30 billion constant 2015 US$ | 222.68 billion constant 2015 US$ | 321.12 billion constant 2015 US$ | 10 |
| 2010s | 229.52 billion constant 2015 US$ | 200.78 billion constant 2015 US$ | 268.53 billion constant 2015 US$ | 10 |
| 2020s | 270.83 billion constant 2015 US$ | 244.55 billion constant 2015 US$ | 303.70 billion constant 2015 US$ | 6 |
Countries ranked near Spain
- 12 Canada 399.43 billion constant 2015 US$ compare
- 13 Brazil 360.56 billion constant 2015 US$ compare
- 14 Turkey 359.76 billion constant 2015 US$ compare
- 16 Mexico 293.55 billion constant 2015 US$ compare
- 17 Saudi Arabia 265.99 billion constant 2015 US$ compare
- 18 Switzerland 217.80 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$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Spain?
- Gross fixed capital formation in Spain was 303.70 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Spain?
- The highest recorded value was 321.12 billion constant 2015 US$ in 2007.
- What is the lowest gross fixed capital formation recorded in Spain?
- The lowest recorded value was 79.97 billion constant 2015 US$ in 1971.
- How does Spain rank for gross fixed capital formation?
- Spain ranks 15th out of 161 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Spain?
- Over the last ten years it is up 37.6%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.