GERD as a percentage of GDP in Spain

Spain: GERD as a percentage of GDP was 1.5% in 2023. ▲ Rising

Latest (2023)
1.5%
Change on year
up 6.2%
World rank
30th
of 116 countries
All-time high
1.5%
in 2023
All-time low
0.8%
in 1997
Years of data
28
1996–2023

GERD as a percentage of GDP in Spain, 1996–2023

00.511.51996200920231996: 0.7881997: 0.7781998: 0.8491999: 0.8392000: 0.8832001: 0.8882002: 0.9592003: 12004: 12005: 1.12006: 1.22007: 1.22008: 1.32009: 1.42010: 1.42011: 1.32012: 1.32013: 1.32014: 1.22015: 1.22016: 1.22017: 1.22018: 1.22019: 1.22020: 1.42021: 1.42022: 1.42023: 1.5

Source: UNESCO Institute for Statistics.

Analysis

Spain recorded 1.5% for gerd as a percentage of gdp in 2023. That is the highest value across all 28 years on record.

That represents a change of up 6.2% on the previous year and up 17.7% over ten years.

Over the whole period, gerd as a percentage of gdp in Spain peaked at 1.5% in 2023 and was at its lowest, 0.8%, in 1997.

Spain ranks 30th of 116 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

GERD as a percentage of GDP in Spain, year by year

Annual values for GERD as a percentage of GDP in Spain, 1996 to 2023.
Year Value Change
1996 0.8% —
1997 0.8% -1.2%
1998 0.8% +9.1%
1999 0.8% -1.1%
2000 0.9% +5.2%
2001 0.9% +0.6%
2002 1.0% +8.0%
2003 1.0% +6.6%
2004 1.0% +1.7%
2005 1.1% +5.6%
2006 1.2% +7.0%
2007 1.2% +5.3%
2008 1.3% +6.7%
2009 1.4% +2.8%
2010 1.4% -0.3%
2011 1.3% -2.0%
2012 1.3% -2.6%
2013 1.3% -1.9%
2014 1.2% -2.7%
2015 1.2% -1.8%
2016 1.2% -2.5%
2017 1.2% +1.8%
2018 1.2% +2.6%
2019 1.2% +0.7%
2020 1.4% +12.4%
2021 1.4% -0.0%
2022 1.4% +0.8%
2023 1.5% +6.2%

Spain compared with similar countries

  • Spain's 1.5% is below the median for high income countries, which is 1.5%, 100% of the median. (54 countries reporting)
  • Spain's 1.5% is above the median for Europe & Central Asia, which is 1.4%, 1.1× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8% 0.8% 0.8% 4
2000s 1.1% 0.9% 1.4% 10
2010s 1.3% 1.2% 1.4% 10
2020s 1.4% 1.4% 1.5% 4

Countries ranked near Spain

  1. 27 New Zealand 1.5% compare
  2. 28 United Arab Emirates 1.5% compare
  3. 29 Greece 1.5% compare
  4. 31 Turkey 1.4% compare
  5. 32 Croatia 1.4% compare
  6. 33 Italy 1.4% compare

See the full ranking of 166 places →

More science & technology data for Spain

All data for Spain →

Frequently asked questions

What is gerd as a percentage of gdp in Spain?
Gerd as a percentage of gdp in Spain was 1.5% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Spain?
The highest recorded value was 1.5% in 2023.
What is the lowest gerd as a percentage of gdp recorded in Spain?
The lowest recorded value was 0.8% in 1997.
How does Spain rank for gerd as a percentage of gdp?
Spain ranks 30th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Spain?
Over the last ten years it is up 17.7%. The long-run trend across the full record is rising.
Where does this Spain data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

Share, cite or embed this page

Cite this page

GERD as a percentage of GDP in Spain. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/spain/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/spain/">GERD as a percentage of GDP in Spain</a> — Statizoid

About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release