Value of imported goods as a share of GDP in Spain
Spain: Value of imported goods as a share of GDP was 27.3% in 2024. ▲ Rising
Latest (2024)
27.3%
Change on year
down 5.8%
World rank
122nd
of 201 countries
All-time high
34.0%
in 2022
All-time low
4.9%
in 1960
Years of data
65
1960–2024
Value of imported goods as a share of GDP in Spain, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Spain recorded 27.3% for value of imported goods as a share of gdp in 2024.
The figure is down 5.8% on the previous year and up 5.1% over ten years.
Over the whole period, value of imported goods as a share of gdp in Spain peaked at 34.0% in 2022 and was at its lowest, 4.9%, in 1960.
Spain ranks 122nd of 201 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Spain, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 4.9% | — |
| 1961 | 6.6% | +34.3% |
| 1962 | 7.8% | +18.7% |
| 1963 | 8.3% | +6.1% |
| 1964 | 8.6% | +3.2% |
| 1965 | 9.8% | +14.3% |
| 1966 | 10.1% | +2.7% |
| 1967 | 8.9% | -12.1% |
| 1968 | 9.1% | +3.0% |
| 1969 | 9.6% | +4.9% |
| 1970 | 9.7% | +1.1% |
| 1971 | 9.1% | -6.2% |
| 1972 | 9.8% | +8.1% |
| 1973 | 10.2% | +4.4% |
| 1974 | 13.7% | +33.6% |
| 1975 | 12.4% | -9.4% |
| 1976 | 12.9% | +4.1% |
| 1977 | 11.8% | -8.3% |
| 1978 | 10.3% | -13.1% |
| 1979 | 10.5% | +2.2% |
| 1980 | 13.2% | +25.7% |
| 1981 | 14.3% | +8.7% |
| 1982 | 14.3% | -0.5% |
| 1983 | 15.3% | +7.1% |
| 1984 | 14.9% | -2.9% |
| 1985 | 14.5% | -2.1% |
| 1986 | 11.4% | -21.3% |
| 1987 | 12.3% | +7.7% |
| 1988 | 12.9% | +4.8% |
| 1989 | 13.8% | +6.6% |
| 1990 | 15.8% | +14.5% |
| 1991 | 15.7% | -0.6% |
| 1992 | 15.1% | -3.4% |
| 1993 | 15.0% | -0.8% |
| 1994 | 16.8% | +11.7% |
| 1995 | 18.1% | +7.7% |
| 1996 | 18.3% | +1.2% |
| 1997 | 20.8% | +13.8% |
| 1998 | 21.0% | +0.9% |
| 1999 | 21.3% | +1.3% |
| 2000 | 26.0% | +22.2% |
| 2001 | 24.6% | -5.5% |
| 2002 | 23.2% | -5.5% |
| 2003 | 22.9% | -1.4% |
| 2004 | 24.1% | +5.1% |
| 2005 | 24.9% | +3.5% |
| 2006 | 25.9% | +4.2% |
| 2007 | 26.4% | +1.6% |
| 2008 | 25.8% | -2.1% |
| 2009 | 19.6% | -24.1% |
| 2010 | 22.8% | +16.4% |
| 2011 | 25.2% | +10.6% |
| 2012 | 25.3% | +0.1% |
| 2013 | 25.0% | -1.1% |
| 2014 | 26.0% | +3.9% |
| 2015 | 25.8% | -0.5% |
| 2016 | 25.0% | -3.3% |
| 2017 | 26.6% | +6.5% |
| 2018 | 27.2% | +2.4% |
| 2019 | 26.5% | -2.7% |
| 2020 | 25.2% | -4.8% |
| 2021 | 28.7% | +13.6% |
| 2022 | 34.0% | +18.7% |
| 2023 | 28.9% | -15.0% |
| 2024 | 27.3% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.4% | 4.9% | 10.1% | 10 |
| 1970s | 11.0% | 9.1% | 13.7% | 10 |
| 1980s | 13.7% | 11.4% | 15.3% | 10 |
| 1990s | 17.8% | 15.0% | 21.3% | 10 |
| 2000s | 24.3% | 19.6% | 26.4% | 10 |
| 2010s | 25.5% | 22.8% | 27.2% | 10 |
| 2020s | 28.8% | 25.2% | 34.0% | 5 |
Countries ranked near Spain
- 119 Barbados 28.2% compare
- 120 Burkina Faso 27.8% compare
- 121 Philippines 27.7% compare
- 123 Burundi 27.2% compare
- 124 Madagascar 26.9% compare
- 125 Finland 26.9% 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)
- Final consumption expenditure (constant 2015 US$), per capita 22,593 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 10.86 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9618 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 37,150 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 6.19 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.8511 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 32,877 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.69 % change on previous year (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Spain?
- Value of imported goods as a share of gdp in Spain was 27.3% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Spain?
- The highest recorded value was 34.0% in 2022.
- What is the lowest value of imported goods as a share of gdp recorded in Spain?
- The lowest recorded value was 4.9% in 1960.
- How does Spain rank for value of imported goods as a share of gdp?
- Spain ranks 122nd out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Spain?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
- Where does this Spain data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).