Terms of trade adjustment (constant LCU), annual growth rate in Spain
Spain: Terms of trade adjustment (constant LCU), annual growth rate was 97.49 % change on previous year in 2024. ◆ Volatile
Terms of trade adjustment (constant LCU), annual growth rate in Spain, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for terms of trade adjustment (constant lcu), annual growth rate in Spain is 97.49 % change on previous year, measured in 2024.
That represents a change of up 14.7% on the previous year and up 241.7% over ten years.
Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Spain peaked at 881.52 % change on previous year in 2005 and was at its lowest, -213.02 % change on previous year, in 2000.
Spain ranks 31st of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment (constant LCU), annual growth rate in Spain, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -11.89 % change on previous year | — |
| 1972 | 6.32 % change on previous year | -153.1% |
| 1973 | -14.33 % change on previous year | -326.9% |
| 1974 | -61.76 % change on previous year | +330.9% |
| 1975 | 8.78 % change on previous year | -114.2% |
| 1976 | -1.16 % change on previous year | -113.2% |
| 1977 | -19.13 % change on previous year | +1547.6% |
| 1978 | 11.81 % change on previous year | -161.7% |
| 1979 | 2.18 % change on previous year | -81.5% |
| 1980 | -58.56 % change on previous year | -2783.1% |
| 1981 | -37.61 % change on previous year | -35.8% |
| 1982 | -3.52 % change on previous year | -90.6% |
| 1983 | -17.36 % change on previous year | +393.6% |
| 1984 | -11.12 % change on previous year | -36.0% |
| 1985 | 8.11 % change on previous year | -173.0% |
| 1986 | 32.43 % change on previous year | +299.6% |
| 1987 | 15.52 % change on previous year | -52.1% |
| 1988 | 15.29 % change on previous year | -1.5% |
| 1989 | 19.59 % change on previous year | +28.1% |
| 1990 | 21.14 % change on previous year | +8.0% |
| 1991 | 22.45 % change on previous year | +6.1% |
| 1992 | 16.68 % change on previous year | -25.7% |
| 1993 | -28.86 % change on previous year | -273.0% |
| 1994 | -36.84 % change on previous year | +27.7% |
| 1995 | 9.73 % change on previous year | -126.4% |
| 1996 | 19.76 % change on previous year | +103.0% |
| 1997 | -11.12 % change on previous year | -156.2% |
| 1998 | 60.7 % change on previous year | -646.1% |
| 1999 | -26.05 % change on previous year | -142.9% |
| 2000 | -213.02 % change on previous year | +717.8% |
| 2001 | 28.36 % change on previous year | -113.3% |
| 2002 | 75 % change on previous year | +164.5% |
| 2003 | 148.7 % change on previous year | +98.3% |
| 2004 | -75.29 % change on previous year | -150.6% |
| 2005 | 881.52 % change on previous year | -1270.8% |
| 2006 | 61.82 % change on previous year | -93.0% |
| 2007 | 70.74 % change on previous year | +14.4% |
| 2008 | -70.25 % change on previous year | -199.3% |
| 2009 | 571.26 % change on previous year | -913.2% |
| 2010 | -50.78 % change on previous year | -108.9% |
| 2011 | -155.44 % change on previous year | +206.1% |
| 2012 | -91.54 % change on previous year | -41.1% |
| 2013 | 49.74 % change on previous year | -154.3% |
| 2014 | -68.82 % change on previous year | -238.3% |
| 2015 | 29.53 % change on previous year | -142.9% |
| 2016 | 31.32 % change on previous year | +6.0% |
| 2017 | -76.8 % change on previous year | -345.2% |
| 2018 | -49.35 % change on previous year | -35.7% |
| 2019 | -7.91 % change on previous year | -84.0% |
| 2020 | 100 % change on previous year | -1364.5% |
| 2023 | 85 % change on previous year | -15.0% |
| 2024 | 97.49 % change on previous year | +14.7% |
Spain compared with similar countries
- Spain's 97.49 % change on previous year is above the median for high income countries, which is 12.48 % change on previous year, 7.8× the median. (63 countries reporting)
- Spain's 97.49 % change on previous year is above the median for Europe & Central Asia, which is 19.41 % change on previous year, 5.0× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Terms of trade adjustment (constant LCU), annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | -2783.1% | 2.18 % change on previous year | -58.56 % change on previous year |
| 1977 | -1547.6% | -1.16 % change on previous year | -19.13 % change on previous year |
| 2020 | +1364.5% | -7.91 % change on previous year | 100 % change on previous year |
| 2005 | +1270.8% | -75.29 % change on previous year | 881.52 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -8.8 % change on previous year | -61.76 % change on previous year | 11.81 % change on previous year | 9 |
| 1980s | -3.72 % change on previous year | -58.56 % change on previous year | 32.43 % change on previous year | 10 |
| 1990s | 4.76 % change on previous year | -36.84 % change on previous year | 60.7 % change on previous year | 10 |
| 2000s | 147.88 % change on previous year | -213.02 % change on previous year | 881.52 % change on previous year | 10 |
| 2010s | -39 % change on previous year | -155.44 % change on previous year | 49.74 % change on previous year | 10 |
| 2020s | 94.16 % change on previous year | 85 % change on previous year | 100 % change on previous year | 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 terms of trade adjustment (constant lcu), annual growth rate in Spain?
- Terms of trade adjustment (constant lcu), annual growth rate in Spain was 97.49 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Spain?
- The highest recorded value was 881.52 % change on previous year in 2005.
- What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Spain?
- The lowest recorded value was -213.02 % change on previous year in 2000.
- How does Spain rank for terms of trade adjustment (constant lcu), annual growth rate?
- Spain ranks 31st out of 178 countries with data for 2024.
- Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Spain?
- Over the last ten years it is up 241.7%. 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 Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Terms of trade adjustment Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.