Gross value added at basic prices (GVA) in Spain

Spain: Gross value added at basic prices (GVA) was 1.53 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
1.53 trillion current LCU
Change on year
up 5.2%
World rank
93rd
of 207 countries
All-time high
1.53 trillion current LCU
in 2025
All-time low
15.72 billion current LCU
in 1970
Years of data
56
1970–2025

Gross value added at basic prices (GVA) in Spain, 1970–2025

0500.0B1.0T1.5T197019972025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2025, gross value added at basic prices (gva) in Spain stood at 1.53 trillion current LCU. That is the highest value across all 56 years on record.

Compared with earlier readings it is up 5.2% on the previous year and up 54.7% over ten years.

Over the whole period, gross value added at basic prices (gva) in Spain peaked at 1.53 trillion current LCU in 2025 and was at its lowest, 15.72 billion current LCU, in 1970.

That places Spain 93rd out of 207 countries with data for 2025, 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 value added at basic prices (GVA) in Spain, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU) in Spain, 1970 to 2025.
Year current LCU Change
1970 15.72 billion current LCU —
1971 17.92 billion current LCU +14.0%
1972 21.03 billion current LCU +17.4%
1973 25.26 billion current LCU +20.1%
1974 31.50 billion current LCU +24.7%
1975 37.32 billion current LCU +18.5%
1976 44.97 billion current LCU +20.5%
1977 57.10 billion current LCU +27.0%
1978 70.60 billion current LCU +23.6%
1979 82.27 billion current LCU +16.5%
1980 95.11 billion current LCU +15.6%
1981 106.90 billion current LCU +12.4%
1982 123.08 billion current LCU +15.1%
1983 139.39 billion current LCU +13.3%
1984 158.76 billion current LCU +13.9%
1985 174.18 billion current LCU +9.7%
1986 196.84 billion current LCU +13.0%
1987 220.86 billion current LCU +12.2%
1988 246.75 billion current LCU +11.7%
1989 276.41 billion current LCU +12.0%
1990 308.78 billion current LCU +11.7%
1991 338.45 billion current LCU +9.6%
1992 360.97 billion current LCU +6.7%
1993 376.23 billion current LCU +4.2%
1994 395.80 billion current LCU +5.2%
1995 426.02 billion current LCU +7.6%
1996 451.54 billion current LCU +6.0%
1997 477.11 billion current LCU +5.7%
1998 507.25 billion current LCU +6.3%
1999 540.84 billion current LCU +6.6%
2000 588.60 billion current LCU +8.8%
2001 638.97 billion current LCU +8.6%
2002 683.37 billion current LCU +6.9%
2003 728.18 billion current LCU +6.6%
2004 775.87 billion current LCU +6.5%
2005 833.03 billion current LCU +7.4%
2006 898.26 billion current LCU +7.8%
2007 971.00 billion current LCU +8.1%
2008 1.03 trillion current LCU +5.6%
2009 1.01 trillion current LCU -1.9%
2010 989.76 billion current LCU -1.6%
2011 985.00 billion current LCU -0.5%
2012 953.04 billion current LCU -3.2%
2013 937.64 billion current LCU -1.6%
2014 946.49 billion current LCU +0.9%
2015 987.94 billion current LCU +4.4%
2016 1.02 trillion current LCU +3.2%
2017 1.06 trillion current LCU +4.1%
2018 1.10 trillion current LCU +3.5%
2019 1.14 trillion current LCU +3.7%
2020 1.03 trillion current LCU -9.4%
2021 1.12 trillion current LCU +8.5%
2022 1.25 trillion current LCU +12.2%
2023 1.37 trillion current LCU +8.9%
2024 1.45 trillion current LCU +6.3%
2025 1.53 trillion current LCU +5.2%

Spain compared with similar countries

  • Spain's 1.53 trillion current LCU is above the median for high income countries, which is 266.17 billion current LCU, 5.7× the median. (77 countries reporting)
  • Spain's 1.53 trillion current LCU is above the median for Europe & Central Asia, which is 380.52 billion current LCU, 4.0× the median. (56 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 40.37 billion current LCU 15.72 billion current LCU 82.27 billion current LCU 10
1980s 173.83 billion current LCU 95.11 billion current LCU 276.41 billion current LCU 10
1990s 418.30 billion current LCU 308.78 billion current LCU 540.84 billion current LCU 10
2000s 814.81 billion current LCU 588.60 billion current LCU 1.03 trillion current LCU 10
2010s 1.01 trillion current LCU 937.64 billion current LCU 1.14 trillion current LCU 10
2020s 1.29 trillion current LCU 1.03 trillion current LCU 1.53 trillion current LCU 6

Countries ranked near Spain

  1. 90 Somalia 1.67 trillion current LCU compare
  2. 91 Central African Republic 1.58 trillion current LCU compare
  3. 92 Zimbabwe 1.54 trillion current LCU compare
  4. 94 Morocco 1.50 trillion current LCU compare
  5. 95 Guinea-Bissau 1.40 trillion current LCU compare
  6. 96 Ghana 1.34 trillion current LCU compare

See the full ranking of 208 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is gross value added at basic prices (gva) in Spain?
Gross value added at basic prices (gva) in Spain was 1.53 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Spain?
The highest recorded value was 1.53 trillion current LCU in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Spain?
The lowest recorded value was 15.72 billion current LCU in 1970.
How does Spain rank for gross value added at basic prices (gva)?
Spain ranks 93rd out of 207 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Spain?
Over the last ten years it is up 54.7%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) in Spain. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 September 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu/spain/

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
208 places, 9,173 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.