Gross Fixed Capital Formation — Value Standard Local Currency, annual in Spain

Spain: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 5.28 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.28 % change on previous year
Change on year
down 1.4%
World rank
130th
of 230 countries
All-time high
29.59 % change on previous year
in 1974
All-time low
-19.76 % change on previous year
in 2009
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Spain, 1971–2024

-20-100102030197119972024

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

Analysis

In 2024, gross fixed capital formation — value standard local currency, annual in Spain stood at 5.28 % change on previous year.

That represents a change of down 1.4% on the previous year and up 49.4% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, annual in Spain peaked at 29.59 % change on previous year in 1974 and was at its lowest, -19.76 % change on previous year, in 2009.

That places Spain 130th out of 230 countries with data for 2024, putting it in the middle of the range.

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

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Spain, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in Spain, 1971 to 2024.
Year % change on previous year Change
1971 3.2 % change on previous year
1972 22.89 % change on previous year +615.0%
1973 27.71 % change on previous year +21.1%
1974 29.59 % change on previous year +6.8%
1975 10.91 % change on previous year -63.1%
1976 13.49 % change on previous year +23.7%
1977 21.8 % change on previous year +61.6%
1978 15.9 % change on previous year -27.1%
1979 11.4 % change on previous year -28.3%
1980 18.5 % change on previous year +62.3%
1981 11.61 % change on previous year -37.3%
1982 13.84 % change on previous year +19.2%
1983 10.75 % change on previous year -22.3%
1984 3.42 % change on previous year -68.2%
1985 14.11 % change on previous year +312.4%
1986 17.53 % change on previous year +24.2%
1987 18.36 % change on previous year +4.8%
1988 20.43 % change on previous year +11.2%
1989 18.48 % change on previous year -9.5%
1990 12.48 % change on previous year -32.5%
1991 6.53 % change on previous year -47.7%
1992 -0.8553 % change on previous year -113.1%
1993 -4.89 % change on previous year +471.4%
1994 5.6 % change on previous year -214.5%
1995 13.68 % change on previous year +144.4%
1996 5.24 % change on previous year -61.7%
1997 8.25 % change on previous year +57.4%
1998 12.47 % change on previous year +51.3%
1999 13.75 % change on previous year +10.2%
2000 14.22 % change on previous year +3.4%
2001 7.86 % change on previous year -44.7%
2002 8.15 % change on previous year +3.8%
2003 10.85 % change on previous year +33.2%
2004 9.93 % change on previous year -8.5%
2005 12.17 % change on previous year +22.5%
2006 12.16 % change on previous year -0.1%
2007 6.11 % change on previous year -49.7%
2008 -3.08 % change on previous year -150.4%
2009 -19.76 % change on previous year +541.5%
2010 -5.17 % change on previous year -73.9%
2011 -8.44 % change on previous year +63.3%
2012 -9.67 % change on previous year +14.7%
2013 -7.12 % change on previous year -26.4%
2014 3.54 % change on previous year -149.7%
2015 6.33 % change on previous year +78.9%
2016 2.68 % change on previous year -57.6%
2017 8.25 % change on previous year +207.9%
2018 7.87 % change on previous year -4.6%
2019 6.71 % change on previous year -14.7%
2020 -8.46 % change on previous year -226.1%
2021 7.22 % change on previous year -185.3%
2022 12.39 % change on previous year +71.8%
2023 5.36 % change on previous year -56.8%
2024 5.28 % change on previous year -1.4%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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
1972 +615.0% 3.2 % change on previous year 22.89 % change on previous year
2009 -541.5% -3.08 % change on previous year -19.76 % change on previous year
1993 -471.4% -0.8553 % change on previous year -4.89 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.43 % change on previous year 3.2 % change on previous year 29.59 % change on previous year 9
1980s 14.7 % change on previous year 3.42 % change on previous year 20.43 % change on previous year 10
1990s 7.23 % change on previous year -4.89 % change on previous year 13.75 % change on previous year 10
2000s 5.86 % change on previous year -19.76 % change on previous year 14.22 % change on previous year 10
2010s 0.4969 % change on previous year -9.67 % change on previous year 8.25 % change on previous year 10
2020s 4.36 % change on previous year -8.46 % change on previous year 12.39 % change on previous year 5

Countries ranked near Spain

  1. 127 Lebanon 5.35 % change on previous year compare
  2. 128 Nauru 5.34 % change on previous year compare
  3. 128 Nauru 5.34 % change on previous year compare
  4. 131 Panama 5.27 % change on previous year compare
  5. 132 United Republic of Tanzania 5.25 % change on previous year compare
  6. 133 Nepal 5.24 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in Spain?
Gross fixed capital formation — value standard local currency, annual in Spain was 5.28 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, annual recorded in Spain?
The highest recorded value was 29.59 % change on previous year in 1974.
What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Spain?
The lowest recorded value was -19.76 % change on previous year in 2009.
How does Spain rank for gross fixed capital formation — value standard local currency, annual?
Spain ranks 130th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, annual rising or falling in Spain?
Over the last ten years it is up 49.4%. 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 Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in Spain. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/spain/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. 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 Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.