Gross Fixed Capital Formation — Value Standard Local Currency in Spain
Spain: Gross Fixed Capital Formation — Value Standard Local Currency was 314,620 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Spain, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Spain is 314,620 million SLC, measured in 2024.
Compared with earlier readings it is up 5.3% on the previous year and up 66.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Spain peaked at 322,266 million SLC in 2007 and was at its lowest, 4,634 million SLC, in 1970.
That places Spain 104th 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 in Spain, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 4,634 million SLC | — |
| 1971 | 4,783 million SLC | +3.2% |
| 1972 | 5,877 million SLC | +22.9% |
| 1973 | 7,506 million SLC | +27.7% |
| 1974 | 9,727 million SLC | +29.6% |
| 1975 | 10,788 million SLC | +10.9% |
| 1976 | 12,244 million SLC | +13.5% |
| 1977 | 14,914 million SLC | +21.8% |
| 1978 | 17,284 million SLC | +15.9% |
| 1979 | 19,255 million SLC | +11.4% |
| 1980 | 22,817 million SLC | +18.5% |
| 1981 | 25,465 million SLC | +11.6% |
| 1982 | 28,989 million SLC | +13.8% |
| 1983 | 32,106 million SLC | +10.8% |
| 1984 | 33,204 million SLC | +3.4% |
| 1985 | 37,889 million SLC | +14.1% |
| 1986 | 44,529 million SLC | +17.5% |
| 1987 | 52,707 million SLC | +18.4% |
| 1988 | 63,473 million SLC | +20.4% |
| 1989 | 75,205 million SLC | +18.5% |
| 1990 | 84,589 million SLC | +12.5% |
| 1991 | 90,112 million SLC | +6.5% |
| 1992 | 89,342 million SLC | -0.9% |
| 1993 | 84,975 million SLC | -4.9% |
| 1994 | 89,732 million SLC | +5.6% |
| 1995 | 102,009 million SLC | +13.7% |
| 1996 | 107,355 million SLC | +5.2% |
| 1997 | 116,209 million SLC | +8.2% |
| 1998 | 130,706 million SLC | +12.5% |
| 1999 | 148,677 million SLC | +13.7% |
| 2000 | 169,817 million SLC | +14.2% |
| 2001 | 183,158 million SLC | +7.9% |
| 2002 | 198,088 million SLC | +8.2% |
| 2003 | 219,590 million SLC | +10.9% |
| 2004 | 241,397 million SLC | +9.9% |
| 2005 | 270,773 million SLC | +12.2% |
| 2006 | 303,704 million SLC | +12.2% |
| 2007 | 322,266 million SLC | +6.1% |
| 2008 | 312,339 million SLC | -3.1% |
| 2009 | 250,623 million SLC | -19.8% |
| 2010 | 237,676 million SLC | -5.2% |
| 2011 | 217,621 million SLC | -8.4% |
| 2012 | 196,567 million SLC | -9.7% |
| 2013 | 182,572 million SLC | -7.1% |
| 2014 | 189,028 million SLC | +3.5% |
| 2015 | 200,985 million SLC | +6.3% |
| 2016 | 206,370 million SLC | +2.7% |
| 2017 | 223,393 million SLC | +8.2% |
| 2018 | 240,969 million SLC | +7.9% |
| 2019 | 257,138 million SLC | +6.7% |
| 2020 | 235,382 million SLC | -8.5% |
| 2021 | 252,366 million SLC | +7.2% |
| 2022 | 283,646 million SLC | +12.4% |
| 2023 | 298,837 million SLC | +5.4% |
| 2024 | 314,620 million SLC | +5.3% |
Spain compared with similar countries
- Spain's 314,620 million SLC is above the median for high income countries, which is 36,467 million SLC, 8.6× the median. (73 countries reporting)
- Spain's 314,620 million SLC is above the median for Europe & Central Asia, which is 116,713 million SLC, 2.7× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,701 million SLC | 4,634 million SLC | 19,255 million SLC | 10 |
| 1980s | 41,638 million SLC | 22,817 million SLC | 75,205 million SLC | 10 |
| 1990s | 104,371 million SLC | 84,589 million SLC | 148,677 million SLC | 10 |
| 2000s | 247,176 million SLC | 169,817 million SLC | 322,266 million SLC | 10 |
| 2010s | 215,232 million SLC | 182,572 million SLC | 257,138 million SLC | 10 |
| 2020s | 276,970 million SLC | 235,382 million SLC | 314,620 million SLC | 5 |
Countries ranked near Spain
- 101 Central African Republic 392,167 million SLC compare
- 102 New Caledonia 340,673 million SLC compare
- 103 Haiti 331,620 million SLC compare
- 105 USSR 293,456 million SLC compare
- 106 Qatar 290,860 million SLC compare
- 107 North Macedonia 237,857 million SLC 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)
- SDRs holdings, US dollar, annual growth rate -9.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 298.15 units per person (2025)
- SDRs holdings, SDR, annual growth rate -13.48 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 217.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.3 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Spain?
- Gross fixed capital formation — value standard local currency in Spain was 314,620 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Spain?
- The highest recorded value was 322,266 million SLC in 2007.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Spain?
- The lowest recorded value was 4,634 million SLC in 1970.
- How does Spain rank for gross fixed capital formation — value standard local currency?
- Spain ranks 104th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Spain?
- Over the last ten years it is up 66.4%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).