Services balance (credit less debit), Net (credits less debits) (US) in Spain
Spain: Services balance (credit less debit), Net (credits less debits) (US) 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.
Services balance (credit less debit), Net (credits less debits) (US) in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 32.86 billion | — |
| 2006 | 36.66 billion | +11.6% |
| 2007 | 43.56 billion | +18.8% |
| 2008 | 52.49 billion | +20.5% |
| 2009 | 45.60 billion | -13.1% |
| 2010 | 48.26 billion | +5.8% |
| 2011 | 64.32 billion | +33.3% |
| 2012 | 62.82 billion | -2.3% |
| 2013 | 68.97 billion | +9.8% |
| 2014 | 70.25 billion | +1.9% |
| 2015 | 59.28 billion | -15.6% |
| 2016 | 64.66 billion | +9.1% |
| 2017 | 72.43 billion | +12.0% |
| 2018 | 72.38 billion | -0.1% |
| 2019 | 70.02 billion | -3.3% |
| 2020 | 27.57 billion | -60.6% |
| 2021 | 39.29 billion | +42.5% |
| 2022 | 75.45 billion | +92.0% |
| 2023 | 100.15 billion | +32.7% |
| 2024 | 108.56 billion | +8.4% |
Spain compared with similar countries
- Spain's 108.56 billion is above the median for high income countries, which is 910.63 million, 119.2× the median. (72 countries reporting)
- Spain's 108.56 billion is above the median for Europe & Central Asia, which is 2.79 billion, 38.9× the median. (50 countries reporting)
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
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 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.
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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.