Expense in Spain

Spain: Expense was 34.0% in 2023. ▲ Rising

Latest (2023)
34.0%
Change on year
down 3.7%
World rank
41st
of 157 countries
All-time high
40.4%
in 2020
All-time low
16.0%
in 1972
Years of data
43
1972–2023

Expense in Spain, 1972–2023

0102030401972199720231972: 16 % of GDP1973: 16.2 % of GDP1974: 16.4 % of GDP1975: 17.3 % of GDP1976: 17.6 % of GDP1977: 19.2 % of GDP1978: 21 % of GDP1979: 22.5 % of GDP1980: 23.1 % of GDP1981: 23.5 % of GDP1982: 26.3 % of GDP1983: 26.9 % of GDP1984: 27.6 % of GDP1985: 29.6 % of GDP1986: 29.5 % of GDP1987: 29.6 % of GDP1988: 29.1 % of GDP1989: 29.4 % of GDP1990: 29.4 % of GDP1991: 30.2 % of GDP1992: 31.7 % of GDP1993: 34.7 % of GDP1994: 33.8 % of GDP2004: 28.9 % of GDP2005: 27.3 % of GDP2006: 27.2 % of GDP2007: 27.4 % of GDP2008: 28.6 % of GDP2009: 32.4 % of GDP2010: 31.5 % of GDP2011: 31.2 % of GDP2012: 38 % of GDP2013: 35.3 % of GDP2014: 34.5 % of GDP2015: 32.7 % of GDP2016: 32.4 % of GDP2017: 31.4 % of GDP2018: 31.7 % of GDP2019: 32.1 % of GDP2020: 40.4 % of GDP2021: 38.4 % of GDP2022: 35.3 % of GDP2023: 34 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

In 2023, expense in Spain stood at 34.0%.

Compared with earlier readings it is down 3.7% on the previous year and down 3.7% over ten years.

Over the whole period, expense in Spain peaked at 40.4% in 2020 and was at its lowest, 16.0%, in 1972.

That places Spain 41st out of 157 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 43 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 18.3% 16.0% 22.5% 8
1980s 27.5% 23.1% 29.6% 10
1990s 31.9% 29.4% 34.7% 5
2000s 28.6% 27.2% 32.4% 6
2010s 33.1% 31.2% 38.0% 10
2020s 37.0% 34.0% 40.4% 4

Countries ranked near Spain

  1. 38 Moldova 34.5% compare
  2. 39 Czechia 34.4% compare
  3. 40 Latvia 34.2% compare
  4. 42 Lithuania 33.9% compare
  5. 43 Tunisia 33.8% compare
  6. 44 Malta 33.7% compare

See the full ranking of 183 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is expense in Spain?
Expense in Spain was 34.0% 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 40.4% in 2020.
What is the lowest expense recorded in Spain?
The lowest recorded value was 16.0% in 1972.
How does Spain rank for expense?
Spain ranks 41st out of 157 countries with data for 2023.
Is expense rising or falling in Spain?
Over the last ten years it is down 3.7%. The long-run trend across the full record is rising.
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 (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.