Current account balance (credit less debit), Net (credits less debits) in Spain
Spain: Current account balance (credit less debit), Net (credits less debits) was 54.93 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Spain, 2005–2024
Source: International Monetary Fund.
Analysis
Spain recorded 54.93 billion for current account balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
The figure is up 24.1% on the previous year and up 129.3% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Spain peaked at 54.93 billion in 2024 and was at its lowest, -144.25 billion, in 2008.
That places Spain 12th out of 198 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -83.29 billion | — |
| 2006 | -110.97 billion | +33.2% |
| 2007 | -138.34 billion | +24.7% |
| 2008 | -144.25 billion | +4.3% |
| 2009 | -58.97 billion | -59.1% |
| 2010 | -51.08 billion | -13.4% |
| 2011 | -38.52 billion | -24.6% |
| 2012 | 1.68 billion | -104.4% |
| 2013 | 28.31 billion | +1588.8% |
| 2014 | 23.96 billion | -15.3% |
| 2015 | 24.57 billion | +2.5% |
| 2016 | 39.26 billion | +59.8% |
| 2017 | 37.39 billion | -4.8% |
| 2018 | 26.65 billion | -28.7% |
| 2019 | 29.75 billion | +11.6% |
| 2020 | 10.57 billion | -64.5% |
| 2021 | 11.18 billion | +5.8% |
| 2022 | 5.50 billion | -50.8% |
| 2023 | 44.25 billion | +705.0% |
| 2024 | 54.93 billion | +24.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -107.16 billion | -144.25 billion | -58.97 billion | 5 |
| 2010s | 12.20 billion | -51.08 billion | 39.26 billion | 10 |
| 2020s | 25.29 billion | 5.50 billion | 54.93 billion | 5 |
Countries ranked near Spain
More financial sector data for Spain
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 3.34 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0264 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,021 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.7691 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,317 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 13.62 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,902 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 13.17 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,895 SDR per person (2025)
- Total reserves (gold at national valuation) 93.52 billion SDR (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Spain?
- Current account balance (credit less debit), net (credits less debits) in Spain was 54.93 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Spain?
- The highest recorded value was 54.93 billion in 2024.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Spain?
- The lowest recorded value was -144.25 billion in 2008.
- How does Spain rank for current account balance (credit less debit), net (credits less debits)?
- Spain ranks 12th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Spain?
- Over the last ten years it is up 129.3%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.