Secondary income balance (credit less debit), Net (credits less) in Spain
Spain: Secondary income balance (credit less debit), Net (credits less) was -12.61 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Spain, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Spain stood at -12.61 billion.
Compared with earlier readings it is up 0.1% on the previous year and up 0.6% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Spain peaked at -10.48 billion in 2017 and was at its lowest, -20.81 billion, in 2008.
That places Spain 189th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -11.62 billion | — |
| 2006 | -15.45 billion | +33.0% |
| 2007 | -16.38 billion | +6.0% |
| 2008 | -20.81 billion | +27.0% |
| 2009 | -17.68 billion | -15.0% |
| 2010 | -15.19 billion | -14.1% |
| 2011 | -16.56 billion | +9.1% |
| 2012 | -14.41 billion | -13.0% |
| 2013 | -15.16 billion | +5.2% |
| 2014 | -12.68 billion | -16.3% |
| 2015 | -10.79 billion | -14.9% |
| 2016 | -12.16 billion | +12.6% |
| 2017 | -10.48 billion | -13.8% |
| 2018 | -12.88 billion | +22.9% |
| 2019 | -13.39 billion | +4.0% |
| 2020 | -11.64 billion | -13.0% |
| 2021 | -13.00 billion | +11.7% |
| 2022 | -13.88 billion | +6.7% |
| 2023 | -12.61 billion | -9.1% |
| 2024 | -12.61 billion | -0.1% |
Spain compared with similar countries
- Spain's -12.61 billion is below the median for high income countries, which is -347.77 million, 36.2× the median. (72 countries reporting)
- Spain's -12.61 billion is below the median for Europe & Central Asia, which is -31.75 million, 397.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -16.39 billion | -20.81 billion | -11.62 billion | 5 |
| 2010s | -13.37 billion | -16.56 billion | -10.48 billion | 10 |
| 2020s | -12.75 billion | -13.88 billion | -11.64 billion | 5 |
Countries ranked near Spain
- 186 Belgium -10.91 billion compare
- 187 Switzerland -11.38 billion compare
- 188 Netherlands -12.10 billion compare
- 190 Kuwait -14.58 billion compare
- 191 Italy -20.28 billion compare
- 192 United Kingdom -23.39 billion compare
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 secondary income balance (credit less debit), net (credits less) in Spain?
- Secondary income balance (credit less debit), net (credits less) in Spain was -12.61 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Spain?
- The highest recorded value was -10.48 billion in 2017.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Spain?
- The lowest recorded value was -20.81 billion in 2008.
- How does Spain rank for secondary income balance (credit less debit), net (credits less)?
- Spain ranks 189th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Spain?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is rising.
- Where does this Spain data come from?
- The figures come from International Monetary Fund, published as part of Secondary 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.