Expense in Spain
Spain: Expense was 509.90 billion current LCU in 2023. ◆ Volatile
Expense in Spain, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Spain stood at 509.90 billion current LCU. That is the highest value across all 43 years on record.
The figure is up 4.9% on the previous year and up 40.7% over ten years.
Over the whole period, expense in Spain peaked at 509.90 billion current LCU in 2023 and was at its lowest, 3.65 billion current LCU, in 1972.
Spain ranks 74th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.43 billion current LCU | 3.65 billion current LCU | 19.50 billion current LCU | 8 |
| 1980s | 51.97 billion current LCU | 23.16 billion current LCU | 86.76 billion current LCU | 10 |
| 1990s | 122.31 billion current LCU | 96.42 billion current LCU | 144.23 billion current LCU | 5 |
| 2000s | 289.35 billion current LCU | 248.38 billion current LCU | 347.71 billion current LCU | 6 |
| 2010s | 366.09 billion current LCU | 333.37 billion current LCU | 402.63 billion current LCU | 10 |
| 2020s | 481.48 billion current LCU | 455.86 billion current LCU | 509.90 billion current LCU | 4 |
Countries ranked near Spain
More public sector data for Spain
- Arms imports 148.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.9% (2024)
- Taxes on income, profits and capital gains 22.0% (2024)
- Taxes on goods and services 25.0% (2024)
- Net investment in nonfinancial assets 0.7% (2024)
- Net lending (+) / net borrowing (-) -3.2% (2024)
- Interest payments 6.5% (2024)
- Grants and other revenue 11.5% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is expense in Spain?
- Expense in Spain was 509.90 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Spain?
- The highest recorded value was 509.90 billion current LCU in 2023.
- What is the lowest expense recorded in Spain?
- The lowest recorded value was 3.65 billion current LCU in 1972.
- How does Spain rank for expense?
- Spain ranks 74th out of 157 countries with data for 2023.
- Is expense rising or falling in Spain?
- Over the last ten years it is up 40.7%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.