Current account balance (credit less debit), Percent of GDP in Spain
Spain: Current account balance (credit less debit), Percent of GDP was 1.47 in 2031. ◆ Volatile
Current account balance (credit less debit), Percent of GDP in Spain, 1980–2031
Source: International Monetary Fund.
Analysis
Spain recorded 1.47 for current account balance (credit less debit), percent of gdp in 2031.
The figure is down 5.0% on the previous year and up 89.9% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in Spain peaked at 3.18 in 2024 and was at its lowest, -9.35, in 2007.
That places Spain 14th out of 26 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -2.29 | — |
| 1981 | -2.5 | +8.8% |
| 1982 | -2.38 | -4.8% |
| 1983 | -1.42 | -40.3% |
| 1984 | 1.21 | -185.2% |
| 1985 | 1.15 | -5.0% |
| 1986 | 1.46 | +27.3% |
| 1987 | -0.0117 | -100.8% |
| 1988 | -0.9838 | +8322.0% |
| 1989 | -2.79 | +183.2% |
| 1990 | -3.37 | +20.8% |
| 1991 | -3.47 | +3.2% |
| 1992 | -3.4 | -2.3% |
| 1993 | -1.96 | -42.1% |
| 1994 | -2.14 | +9.0% |
| 1995 | -1.19 | -44.3% |
| 1996 | -0.7962 | -33.3% |
| 1997 | -0.6669 | -16.2% |
| 1998 | -1.62 | +143.3% |
| 1999 | -3.2 | +97.4% |
| 2000 | -4.24 | +32.3% |
| 2001 | -4.32 | +1.9% |
| 2002 | -3.66 | -15.2% |
| 2003 | -3.82 | +4.4% |
| 2004 | -5.42 | +41.8% |
| 2005 | -7.19 | +32.8% |
| 2006 | -8.8 | +22.3% |
| 2007 | -9.35 | +6.3% |
| 2008 | -8.79 | -6.0% |
| 2009 | -3.98 | -54.8% |
| 2010 | -3.56 | -10.5% |
| 2011 | -2.61 | -26.5% |
| 2012 | 0.1558 | -106.0% |
| 2013 | 2.08 | +1235.7% |
| 2014 | 1.78 | -14.5% |
| 2015 | 2.05 | +14.9% |
| 2016 | 3.15 | +53.8% |
| 2017 | 2.79 | -11.2% |
| 2018 | 1.88 | -32.8% |
| 2019 | 2.13 | +13.4% |
| 2020 | 0.7889 | -62.9% |
| 2021 | 0.773 | -2.0% |
| 2022 | 0.4191 | -45.8% |
| 2023 | 2.73 | +551.9% |
| 2024 | 3.18 | +16.3% |
| 2025 | 2.89 | -9.1% |
| 2026 | 2.21 | -23.5% |
| 2027 | 1.95 | -11.9% |
| 2028 | 1.68 | -13.5% |
| 2029 | 1.5 | -10.8% |
| 2030 | 1.55 | +2.9% |
| 2031 | 1.47 | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -0.8549 | -2.79 | 1.46 | 10 |
| 1990s | -2.18 | -3.47 | -0.6669 | 10 |
| 2000s | -5.96 | -9.35 | -3.66 | 10 |
| 2010s | 0.9837 | -3.56 | 3.15 | 10 |
| 2020s | 1.81 | 0.4191 | 3.18 | 10 |
| 2030s | 1.51 | 1.47 | 1.55 | 2 |
Countries ranked near Spain
More financial sector data for Spain
- Reserve position in the IMF, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 69.18 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.11 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 50.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 69.18 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.11 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp in Spain?
- Current account balance (credit less debit), percent of gdp in Spain was 1.47 in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in Spain?
- The highest recorded value was 3.18 in 2024.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in Spain?
- The lowest recorded value was -9.35 in 2007.
- How does Spain rank for current account balance (credit less debit), percent of gdp?
- Spain ranks 14th out of 26 countries with data for 2031.
- Is current account balance (credit less debit), percent of gdp rising or falling in Spain?
- Over the last ten years it is up 89.9%. 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), Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.