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Spain – Dependency Ratio

Ratio of dependents (people younger than 15 or older than 64) to the working-age population (15-64). Higher ratios imply greater economic burden on workers. · World Bank
51.67 +0.36 from 2023 G20 rank: 79th · all-time high: 60.59 (1973)

APA

Spain Dependency Ratio. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/spain/dependency-ratio

BibTeX

@misc{historysaid_spain_dependency-ratio,
  title = {Spain Dependency Ratio},
  url = {https://historysaid.com/spain/dependency-ratio},
  publisher = {HistorySaid},
  year = {2026}
}
Data & Projection
YearValueChangeRank
2027* trend 52.09
2026* trend 51.91
2025* trend 51.72
2024 51.67 +0.36 79th
2023 51.31 +0.29 76th
2022 51.02 +0.14 75th
2021 50.88 −0.09 74th
2020 50.96 −0.16 75th
2019 51.13 −0.09 80th
2018 51.21 +0.12 79th
2017 51.09 +0.29 83rd
2016 50.80 +0.33 83rd
2015 50.46 +0.52 88th
Show all years (1960–2024)
* Linear trend extrapolation from last 5 data points
Detected Pattern
Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.0% GDP growth 2.5% C/A balance 2.7%
This pattern occurred 682 times in G20 history, 460 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%
Reserves YoY
+20.1%
GDP growth
2.8%
C/A balance
3.3%
HistorySaid – pattern alert

Spain matched the Export Boom Cycle pattern in 2023. Historically, 67% of countries showing this pattern (460 out of 682) saw dependency ratio improve within 24 months. View full analysis →