Volume of remittances (in United States dollars) as a proportion of in Spain
Spain: Volume of remittances (in United States dollars) as a proportion of was 0.4% in 2024. ▲ Rising
Latest (2024)
0.4%
Change on year
up 8.2%
World rank
165th
of 203 countries
All-time high
0.4%
in 2024
All-time low
0.1%
in 2004
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Spain, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Spain stood at 0.4%. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 61.7% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Spain peaked at 0.4% in 2024 and was at its lowest, 0.1%, in 2004.
Spain ranks 165th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.1% | — |
| 2001 | 0.1% | +2.8% |
| 2002 | 0.1% | -5.7% |
| 2003 | 0.1% | -5.7% |
| 2004 | 0.1% | -4.7% |
| 2005 | 0.1% | +4.0% |
| 2006 | 0.1% | +3.3% |
| 2007 | 0.1% | +11.8% |
| 2008 | 0.1% | -0.9% |
| 2009 | 0.1% | -9.4% |
| 2010 | 0.1% | +9.7% |
| 2011 | 0.1% | +3.1% |
| 2012 | 0.2% | +36.5% |
| 2013 | 0.2% | +41.7% |
| 2014 | 0.2% | +1.8% |
| 2015 | 0.2% | -2.3% |
| 2016 | 0.2% | -4.5% |
| 2017 | 0.2% | +7.4% |
| 2018 | 0.2% | +2.4% |
| 2019 | 0.2% | -1.8% |
| 2020 | 0.2% | +3.9% |
| 2021 | 0.3% | +13.8% |
| 2022 | 0.3% | +8.2% |
| 2023 | 0.3% | +15.9% |
| 2024 | 0.4% | +8.2% |
Spain compared with similar countries
- Spain's 0.4% is below the median for high income countries, which is 0.7%, 50% of the median. (66 countries reporting)
- Spain's 0.4% is below the median for Europe & Central Asia, which is 1.5%, 24% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | 0.1% | 0.1% | 10 |
| 2010s | 0.2% | 0.1% | 0.2% | 10 |
| 2020s | 0.3% | 0.2% | 0.4% | 5 |
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 volume of remittances (in united states dollars) as a proportion of in Spain?
- Volume of remittances (in united states dollars) as a proportion of in Spain was 0.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Spain?
- The highest recorded value was 0.4% in 2024.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Spain?
- The lowest recorded value was 0.1% in 2004.
- How does Spain rank for volume of remittances (in united states dollars) as a proportion of?
- Spain ranks 165th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Spain?
- Over the last ten years it is up 61.7%. The long-run trend across the full record is rising.
- Where does this Spain data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
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