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Spain Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Spain's foreign reserves was $114.6B in 2025, ranked 28th globally. This represents a 6.3% increase from 2024. Data from World Bank, covering 1960–2025.

$114.6B +$6.8B (+6.3%)
Year 2025 Rank #28 Global Peak $114.6B (2025) Source World Bank

Spain Foreign Reserves (1960–2025)

Overview

Spain's foreign reserves stood at $114.6B in 2025, a rise of +$6.8B from 2024. Based on recent trends, this figure is projected to reach $114.6B by 2025. Spain ranked 28th globally.

Spain's foreign reserves have experienced significant growth over the past 66 years, from a trough of 544,061,600.00 in 1960 to a peak of 114,609,466,707.15 in 2025. As of 2025, Spain's foreign reserves stood at 114,609,466,707.15, ranking 28th globally, surpassing peer countries like the Philippines, which had 101,163,599,085.83, but still lagging behind Malaysia with 117,897,309,835.35. The substantial increase in foreign reserves is a testament to Spain's improving economic stability. The country's foreign reserves have consistently been on an upward trend, with the latest value representing an all-time high. Looking ahead, a shift in global economic conditions or a change in Spain's trade policies could potentially alter the trajectory of its foreign reserves growth.

Data & projection

Year Foreign Reserves YoY change Rank
2027* trend $127.4B - -
2026* trend $121.0B - -
2025* trend $114.6B - -
2025 $114.6B +$6.8B #28
2024 $107.8B +$4.7B #25
2023 $103.1B +$10.2B #29
2022 $92.9B +$703.8M #29
2021 $92.2B +$10.9B #28
2020 $81.3B +$6.6B #28
2019 $74.7B +$4.1B #29
2018 $70.6B +$1.2B #30
2017 $69.4B +$6.4B #30
2016 $63.0B +$9.1B #30
2015 $54.0B +$3.6B #34
2014 $50.4B +$4.1B #36
2013 $46.3B −$4.3B #39
2012 $50.6B +$3.9B #35
2011 $46.7B +$14.8B #38
Show all years (1960-2025)
* Linear trend extrapolation

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%
Occurred 768 times, 546 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
+12.8%
GDP growth
43.8%
C/A balance
16.4%
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%

Analysis

Spain matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Spain's foreign reserves?▾

Spain's foreign reserves was $114.6B in 2025. Ranked 28th globally. This represents a 6.3% increase from the previous year.

What was the highest foreign reserves in Spain?▾

Spain's foreign reserves peaked at $114.6B in 2025.

What was the lowest foreign reserves in Spain?▾

The lowest foreign reserves in Spain was $544.1M in 1960.

How does Spain rank in foreign reserves?▾

Spain ranks 28th globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is the projected foreign reserves of Spain in 2025?▾

Spain's foreign reserves is projected to reach $114.6B by 2025 based on trend extrapolation.

What is Spain's foreign reserves in billion?▾

Spain's foreign reserves was approximately 114.61 billion ($114.6B) in 2025.

What is the foreign reserves of Spain in 2025?▾

The foreign reserves of Spain in 2025 was $114.6B. This ranks 28th in the world.

Cite this page

APA
Spain Foreign Reserves. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/spain/reserves/
BibTeX
@misc{historysaid_spain_reserves, title = {Spain Foreign Reserves}, url = {https://historysaid.com/spain/reserves/}, publisher = {HistorySaid}, year = {2026} }
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