Services balance (credit less debit), Net (credits less debits) in Spain
Spain: Services balance (credit less debit), Net (credits less debits) was 108.56 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Spain, 2005–2024
Source: International Monetary Fund.
Analysis
Spain recorded 108.56 billion for services balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 8.4% on the previous year and up 54.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Spain peaked at 108.56 billion in 2024 and was at its lowest, 27.57 billion, in 2020.
Spain ranks 4th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.23 billion | 32.86 billion | 52.49 billion | 5 |
| 2010s | 65.34 billion | 48.26 billion | 72.43 billion | 10 |
| 2020s | 70.21 billion | 27.57 billion | 108.56 billion | 5 |
Countries ranked near Spain
- 1 Advanced economies 929.55 billion compare
- 1 United States 311.87 billion compare
- 2 United Kingdom 247.50 billion compare
- 3 India 178.20 billion compare
- 5 Türkiye 61.99 billion compare
- 6 France 61.21 billion compare
- 7 Ireland 59.38 billion compare
More financial sector data for Spain
- Net domestic credit (current LCU), per capita 43,758 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.24 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 0.2467 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 316.86 million SDR (2025)
- Gold reserves at market value 28.87 billion SDR (2025)
- Reserves excluding gold, foreign exchange 50.39 billion SDR (2025)
- Reserves excluding gold 65.02 billion SDR (2025)
- Total reserves (gold at market value) 93.90 billion SDR (2025)
- Total reserves (gold at national valuation) 93.52 billion SDR (2025)
- Domestic credit to private sector by banks 72.4% (2024)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Spain?
- Services balance (credit less debit), net (credits less debits) in Spain was 108.56 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Spain?
- The highest recorded value was 108.56 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Spain?
- The lowest recorded value was 27.57 billion in 2020.
- How does Spain rank for services balance (credit less debit), net (credits less debits)?
- Spain ranks 4th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Spain?
- Over the last ten years it is up 54.5%. 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 Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.