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Spain Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Spain's trade openness was 77.12% in 2025, ranked 107th globally. This represents a 10.3% increase from 2024. Data from World Bank, covering 1970–2025.

77.12% +7.17% (+10.3%)
Year 2025 Rank #107 Global Peak 78.47% (2022) Source World Bank

Spain Trade Openness (1970–2025)

Overview

Spain's trade openness stood at 77.12% in 2025, a rise of +7.17% from 2024. Based on recent trends, this figure is projected to reach 77.12% by 2025. Spain ranked 107th globally.

Spain's trade openness has experienced a significant increase over the past five decades, with the indicator rising from 25.85 in 1970 to 77.12 in 2025. This represents a substantial improvement, with the country moving up the global rankings in trade openness. In fact, Spain's trade openness peaked at 78.47 in 2022, surpassing that of Bermuda, which ranked 77.25 in 2025. The country's openness to international trade has been a crucial driver of its economic growth, with Spain experiencing a period of rapid expansion in the post-1970 era. However, despite this progress, Spain still lags behind several other countries, including French Polynesia, which ranked 77.69 in 2025. Looking ahead, a decline in global trade due to rising protectionism or economic downturns could potentially alter this trajectory, impacting Spain's economic growth and competitiveness.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 82.38% - -
2026* trend 79.75% - -
2025* trend 77.12% - -
2025 77.12% +7.17% #107
2024 69.95% −1.85% #64
2023 71.80% −6.67% #69
2022 78.47% +11.94% #76
2021 66.52% +7.08% #70
2020 59.45% −6.92% #68
2019 66.37% −0.64% #68
2018 67.01% +0.84% #70
2017 66.17% +2.98% #72
2016 63.19% −0.39% #67
2015 63.58% +0.18% #66
2014 63.40% +1.73% #57
2013 61.67% +1.11% #54
2012 60.55% +2.04% #45
2011 58.51% +5.82% #46
Show all years (1970-2025)
* 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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Spain's trade openness?▾

Spain's trade openness was 77.12% in 2025. Ranked 107th globally. This represents a 10.3% increase from the previous year.

What was the highest trade openness in Spain?▾

Spain's trade openness peaked at 78.47% in 2022.

What was the lowest trade openness in Spain?▾

The lowest trade openness in Spain was 25.85% in 1970.

How does Spain rank in trade openness?▾

Spain ranks 107th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Spain in 2025?▾

Spain's trade openness is projected to reach 77.12% by 2025 based on trend extrapolation.

What is the trade openness of Spain in 2025?▾

The trade openness of Spain in 2025 was 77.12%. This ranks 107th in the world.

Cite this page

APA
Spain Trade Openness. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/spain/trade-openness/
BibTeX
@misc{historysaid_spain_trade-openness, title = {Spain Trade Openness}, url = {https://historysaid.com/spain/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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