Gross fixed capital formation in Spain
Spain: Gross fixed capital formation was 392.89 billion current US$ in 2025. ◆ Volatile
Latest (2025)
392.89 billion current US$
Change on year
up 12.2%
World rank
16th
of 181 countries
All-time high
455.77 billion current US$
in 2008
All-time low
11.02 billion current US$
in 1970
Years of data
56
1970–2025
Gross fixed capital formation in Spain, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Spain is 392.89 billion current US$, measured in 2025.
That represents a change of up 12.2% on the previous year and up 78.0% over ten years.
Over the whole period, gross fixed capital formation in Spain peaked at 455.77 billion current US$ in 2008 and was at its lowest, 11.02 billion current US$, in 1970.
Spain ranks 16th of 181 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Spain, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 11.02 billion current US$ | — |
| 1971 | 11.46 billion current US$ | +4.0% |
| 1972 | 15.21 billion current US$ | +32.8% |
| 1973 | 21.43 billion current US$ | +40.9% |
| 1974 | 28.06 billion current US$ | +30.9% |
| 1975 | 31.27 billion current US$ | +11.5% |
| 1976 | 30.45 billion current US$ | -2.6% |
| 1977 | 32.67 billion current US$ | +7.3% |
| 1978 | 37.51 billion current US$ | +14.8% |
| 1979 | 47.73 billion current US$ | +27.3% |
| 1980 | 52.95 billion current US$ | +10.9% |
| 1981 | 45.89 billion current US$ | -13.3% |
| 1982 | 43.90 billion current US$ | -4.3% |
| 1983 | 37.25 billion current US$ | -15.2% |
| 1984 | 34.37 billion current US$ | -7.7% |
| 1985 | 37.07 billion current US$ | +7.9% |
| 1986 | 52.90 billion current US$ | +42.7% |
| 1987 | 71.02 billion current US$ | +34.3% |
| 1988 | 90.66 billion current US$ | +27.7% |
| 1989 | 105.70 billion current US$ | +16.6% |
| 1990 | 138.08 billion current US$ | +30.6% |
| 1991 | 144.29 billion current US$ | +4.5% |
| 1992 | 145.20 billion current US$ | +0.6% |
| 1993 | 111.09 billion current US$ | -23.5% |
| 1994 | 111.45 billion current US$ | +0.3% |
| 1995 | 134.48 billion current US$ | +20.7% |
| 1996 | 139.34 billion current US$ | +3.6% |
| 1997 | 130.56 billion current US$ | -6.3% |
| 1998 | 144.06 billion current US$ | +10.3% |
| 1999 | 156.95 billion current US$ | +8.9% |
| 2000 | 155.34 billion current US$ | -1.0% |
| 2001 | 162.60 billion current US$ | +4.7% |
| 2002 | 185.58 billion current US$ | +14.1% |
| 2003 | 246.28 billion current US$ | +32.7% |
| 2004 | 297.68 billion current US$ | +20.9% |
| 2005 | 335.18 billion current US$ | +12.6% |
| 2006 | 379.13 billion current US$ | +13.1% |
| 2007 | 441.19 billion current US$ | +16.4% |
| 2008 | 455.77 billion current US$ | +3.3% |
| 2009 | 346.64 billion current US$ | -23.9% |
| 2010 | 312.36 billion current US$ | -9.9% |
| 2011 | 299.70 billion current US$ | -4.1% |
| 2012 | 249.04 billion current US$ | -16.9% |
| 2013 | 239.72 billion current US$ | -3.7% |
| 2014 | 248.86 billion current US$ | +3.8% |
| 2015 | 220.72 billion current US$ | -11.3% |
| 2016 | 226.13 billion current US$ | +2.5% |
| 2017 | 249.89 billion current US$ | +10.5% |
| 2018 | 281.66 billion current US$ | +12.7% |
| 2019 | 284.98 billion current US$ | +1.2% |
| 2020 | 265.90 billion current US$ | -6.7% |
| 2021 | 295.17 billion current US$ | +11.0% |
| 2022 | 296.84 billion current US$ | +0.6% |
| 2023 | 331.44 billion current US$ | +11.7% |
| 2024 | 350.10 billion current US$ | +5.6% |
| 2025 | 392.89 billion current US$ | +12.2% |
Spain compared with similar countries
- Spain's 392.89 billion current US$ is above the median for high income countries, which is 50.73 billion current US$, 7.7× the median. (64 countries reporting)
- Spain's 392.89 billion current US$ is above the median for Europe & Central Asia, which is 31.73 billion current US$, 12.4× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.68 billion current US$ | 11.02 billion current US$ | 47.73 billion current US$ | 10 |
| 1980s | 57.17 billion current US$ | 34.37 billion current US$ | 105.70 billion current US$ | 10 |
| 1990s | 135.55 billion current US$ | 111.09 billion current US$ | 156.95 billion current US$ | 10 |
| 2000s | 300.54 billion current US$ | 155.34 billion current US$ | 455.77 billion current US$ | 10 |
| 2010s | 261.31 billion current US$ | 220.72 billion current US$ | 312.36 billion current US$ | 10 |
| 2020s | 322.06 billion current US$ | 265.90 billion current US$ | 392.89 billion current US$ | 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)
- 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$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Spain?
- Gross fixed capital formation in Spain was 392.89 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Spain?
- The highest recorded value was 455.77 billion current US$ in 2008.
- What is the lowest gross fixed capital formation recorded in Spain?
- The lowest recorded value was 11.02 billion current US$ in 1970.
- How does Spain rank for gross fixed capital formation?
- Spain ranks 16th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Spain?
- Over the last ten years it is up 78.0%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.