Gross National Income — Value Standard Local Currency, annual growth in Spain

Spain: Gross National Income — Value Standard Local Currency, annual growth was 9.08 % change on previous year in 2023. ◆ Volatile

Latest (2023)
9.08 % change on previous year
Change on year
down 7.6%
World rank
105th
of 231 countries
All-time high
26.69 % change on previous year
in 1977
All-time low
-10.09 % change on previous year
in 2020
Years of data
53
1971–2023

Gross National Income — Value Standard Local Currency, annual growth in Spain, 1971–2023

-100102030197119972023

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

Analysis

In 2023, gross national income — value standard local currency, annual growth in Spain stood at 9.08 % change on previous year.

Compared with earlier readings it is down 7.6% on the previous year and up 1,131.7% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in Spain peaked at 26.69 % change on previous year in 1977 and was at its lowest, -10.09 % change on previous year, in 2020.

That places Spain 105th out of 231 countries with data for 2023, 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 National Income — Value Standard Local Currency, annual growth in Spain, year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in Spain, 1971 to 2023.
Year % change on previous year Change
1971 13.06 % change on previous year
1972 17.51 % change on previous year +34.1%
1973 20.87 % change on previous year +19.2%
1974 22.94 % change on previous year +9.9%
1975 16.94 % change on previous year -26.1%
1976 19.93 % change on previous year +17.6%
1977 26.69 % change on previous year +33.9%
1978 22.31 % change on previous year -16.4%
1979 17.29 % change on previous year -22.5%
1980 15.55 % change on previous year -10.1%
1981 11.61 % change on previous year -25.3%
1982 14.91 % change on previous year +28.4%
1983 13.59 % change on previous year -8.8%
1984 12.91 % change on previous year -5.0%
1985 11.92 % change on previous year -7.7%
1986 14.59 % change on previous year +22.5%
1987 11.85 % change on previous year -18.8%
1988 11.15 % change on previous year -5.9%
1989 12.42 % change on previous year +11.4%
1990 11.34 % change on previous year -8.7%
1991 9.69 % change on previous year -14.6%
1992 7.59 % change on previous year -21.6%
1993 3.87 % change on previous year -49.0%
1994 4.97 % change on previous year +28.2%
1995 9.24 % change on previous year +86.0%
1996 5.58 % change on previous year -39.6%
1997 6.39 % change on previous year +14.5%
1998 6.97 % change on previous year +9.1%
1999 7.55 % change on previous year +8.2%
2000 8.96 % change on previous year +18.8%
2001 7.47 % change on previous year -16.6%
2002 7.2 % change on previous year -3.7%
2003 7.37 % change on previous year +2.4%
2004 7.01 % change on previous year -5.0%
2005 7.41 % change on previous year +5.8%
2006 7.73 % change on previous year +4.3%
2007 6.48 % change on previous year -16.1%
2008 2.82 % change on previous year -56.5%
2009 -2.77 % change on previous year -198.2%
2010 0.7847 % change on previous year -128.3%
2011 -1.14 % change on previous year -245.8%
2012 -2.12 % change on previous year +85.2%
2013 -0.8799 % change on previous year -58.5%
2014 1.48 % change on previous year -267.8%
2015 4.77 % change on previous year +222.8%
2016 3.65 % change on previous year -23.5%
2017 4.1 % change on previous year +12.3%
2018 3.67 % change on previous year -10.4%
2019 3.49 % change on previous year -4.7%
2020 -10.09 % change on previous year -388.6%
2021 9.8 % change on previous year -197.1%
2022 9.82 % change on previous year +0.3%
2023 9.08 % change on previous year -7.6%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, annual growth 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
2020 -388.6% 3.49 % change on previous year -10.09 % change on previous year
2014 +267.8% -0.8799 % change on previous year 1.48 % change on previous year
2011 -245.8% 0.7847 % change on previous year -1.14 % change on previous year
2015 +222.8% 1.48 % change on previous year 4.77 % change on previous year
2021 +197.1% -10.09 % change on previous year 9.8 % change on previous year
2009 -198.2% 2.82 % change on previous year -2.77 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.73 % change on previous year 13.06 % change on previous year 26.69 % change on previous year 9
1980s 13.05 % change on previous year 11.15 % change on previous year 15.55 % change on previous year 10
1990s 7.32 % change on previous year 3.87 % change on previous year 11.34 % change on previous year 10
2000s 5.97 % change on previous year -2.77 % change on previous year 8.96 % change on previous year 10
2010s 1.78 % change on previous year -2.12 % change on previous year 4.77 % change on previous year 10
2020s 4.65 % change on previous year -10.09 % change on previous year 9.82 % change on previous year 4

Countries ranked near Spain

  1. 102 Antigua and Barbuda 9.15 % change on previous year compare
  2. 103 Bhutan 9.11 % change on previous year compare
  3. 104 Togo 9.1 % change on previous year compare
  4. 106 Senegal 9.07 % change on previous year compare
  5. 107 Andorra 9.04 % change on previous year compare
  6. 108 Portugal 9.02 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in Spain?
Gross national income — value standard local currency, annual growth in Spain was 9.08 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in Spain?
The highest recorded value was 26.69 % change on previous year in 1977.
What is the lowest gross national income — value standard local currency, annual growth recorded in Spain?
The lowest recorded value was -10.09 % change on previous year in 2020.
How does Spain rank for gross national income — value standard local currency, annual growth?
Spain ranks 105th out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in Spain?
Over the last ten years it is up 1,131.7%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, annual growth in Spain. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-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 National Income — 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 National Income — 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
232 places, 11,164 data points, 1971–2023
Last refreshed

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