GERD as a percentage of GDP in Spain

Spain: GERD as a percentage of GDP was 1.5% in 2023. β–² Rising

Latest (2023)
1.5%
Change on year
up 6.2%
World rank
30th
of 115 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 115 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.

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 β†’

More science & technology data for Spain

All data for Spain β†’

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 115 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.

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GERD as a percentage of GDP in Spain. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/spain/

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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