Spain GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Spain's gdp growth was 2.91% in 2025, ranked 94th globally. This represents a 15.8% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Spain's gdp growth stood at 2.91% in 2025, a decline of +0.55pp from 2024. The IMF projects 2.91% by 2025. Spain ranked 94th globally.
Spain's GDP growth has exhibited significant fluctuations over the past sixty-five years, with the highest recorded growth rate of 11.84% occurring in 1961. Conversely, the country experienced its lowest growth rate of -10.94% in 2020, a stark contrast to the previous record. The current GDP growth rate in Spain stands at 2.91%, ranking it 94th globally as of 2025. Comparatively, Peru reported a growth rate of 2.93% in 2025, positioning it slightly ahead of Spain. The country's economic development has been influenced by various factors, including its integration into the European Union and the impact of the COVID-19 pandemic. While Spain's growth rate has shown signs of recovery, it remains uncertain whether the country will be able to sustain this momentum in the face of global economic uncertainty. A significant increase in foreign investment or a substantial boost to domestic consumption could alter the trajectory of Spain's economic growth.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.59% | - | - |
| 2029* IMF | 1.60% | - | - |
| 2028* IMF | 1.60% | - | - |
| 2027* IMF | 1.73% | - | - |
| 2026* IMF | 1.96% | - | - |
| 2025* IMF | 2.91% | - | - |
| 2025 | 2.91% | −0.55pp | #94 |
| 2024 | 3.46% | +0.99pp | #93 |
| 2023 | 2.46% | −3.91pp | #119 |
| 2022 | 6.37% | −0.31pp | #53 |
| 2021 | 6.68% | +17.62pp | #71 |
| 2020 | -10.94% | −12.90pp | #181 |
| 2019 | 1.96% | −0.43pp | #136 |
| 2018 | 2.40% | −0.50pp | #135 |
| 2017 | 2.90% | −0.02pp | #121 |
| 2016 | 2.92% | −1.15pp | #116 |
| 2015 | 4.06% | +2.54pp | #66 |
| 2014 | 1.52% | +2.95pp | #158 |
| 2013 | -1.43% | +1.44pp | #193 |
| 2012 | -2.87% | −2.23pp | #194 |
| 2011 | -0.64% | −0.73pp | #194 |
Detected Pattern
Analysis
Spain matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Spain's gdp growth was 2.91% in 2025. Ranked 94th globally. This represents a 15.8% decrease from the previous year.
Spain's gdp growth peaked at 11.84% in 1961.
The lowest gdp growth in Spain was -10.94% in 2020.
Spain ranks 94th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Spain's gdp growth is projected to reach 2.91% by 2025 based on IMF projection.
The gdp growth of Spain in 2025 was 2.91%. This ranks 94th in the world.
Cite this page
@misc{historysaid_spain_gdp-growth,
title = {Spain GDP Growth},
url = {https://historysaid.com/spain/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}