Spain PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Spain's ppp conversion factor was 0.54 in 2025, ranked 179th globally. This represents a 4.2% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Spain's ppp conversion factor stood at 0.54 in 2025, a decline of +0.02 from 2024. Based on recent trends, this figure is projected to reach 0.54 by 2025. Spain ranked 179th globally.
Spain's PPP Conversion Factor, a measure of the average price level of local goods and services compared to the US, has experienced significant fluctuations over the past three and a half decades. At its peak in 2005, the factor stood at 0.77, indicating a relatively high price level compared to the US. However, it plummeted to its current level of 0.54 in 2025, ranking Spain 179th globally. This decline is particularly pronounced when compared to peer countries such as Slovenia, which has maintained a higher PPP Conversion Factor of 0.55. The eroded purchasing power of the Spanish currency suggests a decrease in the standard of living and a lower cost of living compared to the US. A reversal in this trend could be triggered by a boost in economic competitiveness, driven by significant investments in infrastructure and human capital, potentially altering the trajectory of Spain's PPP Conversion Factor in the coming years.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.51 | - | - |
| 2026* trend | 0.53 | - | - |
| 2025* trend | 0.54 | - | - |
| 2025 | 0.54 | −0.02 | #179 |
| 2024 | 0.56 | +0.01 | #21 |
| 2023 | 0.56 | −0.00 | #21 |
| 2022 | 0.56 | −0.03 | #21 |
| 2021 | 0.59 | −0.02 | #25 |
| 2020 | 0.61 | +0.00 | #26 |
| 2019 | 0.60 | −0.03 | #26 |
| 2018 | 0.63 | +0.00 | #25 |
| 2017 | 0.63 | −0.01 | #27 |
| 2016 | 0.64 | −0.02 | #27 |
| 2015 | 0.66 | +0.00 | #27 |
| 2014 | 0.66 | −0.01 | #28 |
| 2013 | 0.67 | −0.02 | #27 |
| 2012 | 0.69 | −0.02 | #28 |
| 2011 | 0.71 | −0.01 | #34 |
Detected Pattern
Analysis
Spain matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Spain's ppp conversion factor was 0.54 in 2025. Ranked 179th globally. This represents a 4.2% decrease from the previous year.
Spain's ppp conversion factor peaked at 0.77 in 2005.
The lowest ppp conversion factor in Spain was 0.54 in 2025.
Spain ranks 179th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Spain's ppp conversion factor is projected to reach 0.54 by 2025 based on trend extrapolation.
The ppp conversion factor of Spain in 2025 was 0.54. This ranks 179th in the world.
Cite this page
@misc{historysaid_spain_ppp-conversion-factor,
title = {Spain PPP Conversion Factor},
url = {https://historysaid.com/spain/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}