Primary income balance (credit less debit), Net (credits less debits) in Spain
Spain: Primary income balance (credit less debit), Net (credits less debits) was -4.38 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Spain, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in Spain stood at -4.38 billion.
The figure is up 18.0% on the previous year and up 18.1% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Spain peaked at 9.65 billion in 2021 and was at its lowest, -45.76 billion, in 2008.
That places Spain 149th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -16.05 billion | — |
| 2006 | -23.46 billion | +46.1% |
| 2007 | -36.29 billion | +54.7% |
| 2008 | -45.76 billion | +26.1% |
| 2009 | -28.22 billion | -38.3% |
| 2010 | -20.69 billion | -26.7% |
| 2011 | -26.36 billion | +27.4% |
| 2012 | -10.77 billion | -59.2% |
| 2013 | -8.67 billion | -19.4% |
| 2014 | -5.34 billion | -38.4% |
| 2015 | -981.88 million | -81.6% |
| 2016 | 1.89 billion | -292.3% |
| 2017 | -517.00 million | -127.4% |
| 2018 | 423.40 million | -181.9% |
| 2019 | 1.32 billion | +212.8% |
| 2020 | 2.56 billion | +93.3% |
| 2021 | 9.65 billion | +276.9% |
| 2022 | 7.27 billion | -24.7% |
| 2023 | -5.34 billion | -173.5% |
| 2024 | -4.38 billion | -18.0% |
Spain compared with similar countries
- Spain's -4.38 billion is below the median for high income countries, which is -896.13 million, 4.9× the median. (72 countries reporting)
- Spain's -4.38 billion is below the median for Europe & Central Asia, which is -972.80 million, 4.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -29.96 billion | -45.76 billion | -16.05 billion | 5 |
| 2010s | -6.97 billion | -26.36 billion | 1.89 billion | 10 |
| 2020s | 1.95 billion | -5.34 billion | 9.65 billion | 5 |
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 primary income balance (credit less debit), net (credits less debits) in Spain?
- Primary income balance (credit less debit), net (credits less debits) in Spain was -4.38 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Spain?
- The highest recorded value was 9.65 billion in 2021.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Spain?
- The lowest recorded value was -45.76 billion in 2008.
- How does Spain rank for primary income balance (credit less debit), net (credits less debits)?
- Spain ranks 149th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Spain?
- Over the last ten years it is up 18.1%. 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 Primary income 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.