Gross Fixed Capital Formation — Value US$ in Spain
Spain: Gross Fixed Capital Formation — Value US$ was 340,538 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Spain, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$ in Spain is 340,538 million USD, measured in 2024.
The figure is up 5.4% on the previous year and up 35.6% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Spain peaked at 459,374 million USD in 2008 and was at its lowest, 11,015 million USD, in 1970.
That places Spain 21st out of 235 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ in Spain, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 11,015 million USD | — |
| 1971 | 11,455 million USD | +4.0% |
| 1972 | 15,215 million USD | +32.8% |
| 1973 | 21,436 million USD | +40.9% |
| 1974 | 28,056 million USD | +30.9% |
| 1975 | 31,268 million USD | +11.4% |
| 1976 | 30,450 million USD | -2.6% |
| 1977 | 32,666 million USD | +7.3% |
| 1978 | 37,511 million USD | +14.8% |
| 1979 | 47,729 million USD | +27.2% |
| 1980 | 52,948 million USD | +10.9% |
| 1981 | 45,894 million USD | -13.3% |
| 1982 | 43,904 million USD | -4.3% |
| 1983 | 37,244 million USD | -15.2% |
| 1984 | 34,366 million USD | -7.7% |
| 1985 | 37,074 million USD | +7.9% |
| 1986 | 52,904 million USD | +42.7% |
| 1987 | 71,022 million USD | +34.2% |
| 1988 | 90,663 million USD | +27.7% |
| 1989 | 105,704 million USD | +16.6% |
| 1990 | 138,074 million USD | +30.6% |
| 1991 | 144,290 million USD | +4.5% |
| 1992 | 145,197 million USD | +0.6% |
| 1993 | 111,100 million USD | -23.5% |
| 1994 | 111,454 million USD | +0.3% |
| 1995 | 136,122 million USD | +22.1% |
| 1996 | 141,024 million USD | +3.6% |
| 1997 | 132,061 million USD | -6.4% |
| 1998 | 145,571 million USD | +10.2% |
| 1999 | 158,456 million USD | +8.9% |
| 2000 | 156,845 million USD | -1.0% |
| 2001 | 164,042 million USD | +4.6% |
| 2002 | 187,307 million USD | +14.2% |
| 2003 | 248,392 million USD | +32.6% |
| 2004 | 300,274 million USD | +20.9% |
| 2005 | 336,866 million USD | +12.2% |
| 2006 | 381,330 million USD | +13.2% |
| 2007 | 441,658 million USD | +15.8% |
| 2008 | 459,374 million USD | +4.0% |
| 2009 | 349,565 million USD | -23.9% |
| 2010 | 315,091 million USD | -9.9% |
| 2011 | 302,919 million USD | -3.9% |
| 2012 | 252,547 million USD | -16.6% |
| 2013 | 242,477 million USD | -4.0% |
| 2014 | 251,124 million USD | +3.6% |
| 2015 | 222,995 million USD | -11.2% |
| 2016 | 228,432 million USD | +2.4% |
| 2017 | 252,363 million USD | +10.5% |
| 2018 | 284,573 million USD | +12.8% |
| 2019 | 287,859 million USD | +1.2% |
| 2020 | 268,852 million USD | -6.6% |
| 2021 | 298,483 million USD | +11.0% |
| 2022 | 298,693 million USD | +0.1% |
| 2023 | 323,123 million USD | +8.2% |
| 2024 | 340,538 million USD | +5.4% |
Spain compared with similar countries
- Spain's 340,538 million USD is above the median for high income countries, which is 20,129 million USD, 16.9× the median. (73 countries reporting)
- Spain's 340,538 million USD is above the median for Europe & Central Asia, which is 26,071 million USD, 13.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26,680 million USD | 11,015 million USD | 47,729 million USD | 10 |
| 1980s | 57,172 million USD | 34,366 million USD | 105,704 million USD | 10 |
| 1990s | 136,335 million USD | 111,100 million USD | 158,456 million USD | 10 |
| 2000s | 302,565 million USD | 156,845 million USD | 459,374 million USD | 10 |
| 2010s | 264,038 million USD | 222,995 million USD | 315,091 million USD | 10 |
| 2020s | 305,938 million USD | 268,852 million USD | 340,538 million USD | 5 |
Countries ranked near Spain
- 19 Indonesia 409,434 million USD compare
- 20 Brazil 371,217 million USD compare
- 22 Saudi Arabia 311,076 million USD compare
- 23 Netherlands (Kingdom of the) 242,525 million USD compare
- 24 Switzerland 228,997 million USD 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$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Spain?
- Gross fixed capital formation — value us$ in Spain was 340,538 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Spain?
- The highest recorded value was 459,374 million USD in 2008.
- What is the lowest gross fixed capital formation — value us$ recorded in Spain?
- The lowest recorded value was 11,015 million USD in 1970.
- How does Spain rank for gross fixed capital formation — value us$?
- Spain ranks 21st out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Spain?
- Over the last ten years it is up 35.6%. 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 US$. Statizoid updates them automatically from the source API.
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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).