Income inequality: Palma ratio (after tax) in Spain
Spain: Income inequality: Palma ratio (after tax) was 1.16 in 2022. ▬ Flat
Income inequality: Palma ratio (after tax) in Spain, 1980–2022
Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data.
Analysis
Spain recorded 1.16 for income inequality: palma ratio (after tax) in 2022.
Compared with earlier readings it is down 1.7% on the previous year and down 9.5% over ten years.
Over the whole period, income inequality: palma ratio (after tax) in Spain peaked at 1.44 in 1996 and was at its lowest, 1.1, in 1990.
Spain ranks 23rd of 48 countries on this measure, in the middle of the range.
Income inequality: Palma ratio (after tax) in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 1.2 | — |
| 1985 | 1.19 | -1.0% |
| 1990 | 1.1 | -7.4% |
| 1993 | 1.34 | +21.5% |
| 1994 | 1.33 | -0.9% |
| 1995 | 1.35 | +2.2% |
| 1996 | 1.44 | +6.7% |
| 1997 | 1.35 | -6.6% |
| 1998 | 1.3 | -3.5% |
| 1999 | 1.31 | +0.2% |
| 2000 | 1.37 | +4.9% |
| 2004 | 1.26 | -8.2% |
| 2005 | 1.23 | -1.9% |
| 2006 | 1.18 | -4.3% |
| 2007 | 1.21 | +3.0% |
| 2008 | 1.23 | +1.5% |
| 2009 | 1.27 | +3.0% |
| 2010 | 1.32 | +4.0% |
| 2011 | 1.32 | -0.2% |
| 2012 | 1.28 | -2.8% |
| 2013 | 1.35 | +5.6% |
| 2014 | 1.34 | -0.8% |
| 2015 | 1.36 | +1.0% |
| 2016 | 1.32 | -2.4% |
| 2017 | 1.27 | -3.9% |
| 2018 | 1.25 | -1.5% |
| 2019 | 1.18 | -5.9% |
| 2020 | 1.24 | +4.8% |
| 2021 | 1.18 | -4.6% |
| 2022 | 1.16 | -1.7% |
Spain compared with similar countries
- Spain's 1.16 is above the median for high income countries, which is 1.09, 1.1× the median. (36 countries reporting)
- Spain's 1.16 is above the median for Europe & Central Asia, which is 1.04, 1.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.2 | 1.19 | 1.2 | 2 |
| 1990s | 1.32 | 1.1 | 1.44 | 8 |
| 2000s | 1.25 | 1.18 | 1.37 | 7 |
| 2010s | 1.3 | 1.18 | 1.36 | 10 |
| 2020s | 1.19 | 1.16 | 1.24 | 3 |
Countries ranked near Spain
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 income inequality: palma ratio (after tax) in Spain?
- Income inequality: palma ratio (after tax) in Spain was 1.16 in 2022, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
- What is the highest income inequality: palma ratio (after tax) recorded in Spain?
- The highest recorded value was 1.44 in 1996.
- What is the lowest income inequality: palma ratio (after tax) recorded in Spain?
- The lowest recorded value was 1.1 in 1990.
- How does Spain rank for income inequality: palma ratio (after tax)?
- Spain ranks 23rd out of 48 countries with data for 2022.
- Is income inequality: palma ratio (after tax) rising or falling in Spain?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is flat.
- Where does this Spain data come from?
- The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Income inequality: Palma ratio (after tax). Statizoid updates them automatically from the source API.
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About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality. Inequality is measured here in terms of income after taxes and benefits.