Inflation, GDP deflator in Spain

Spain: Inflation, GDP deflator was 2.9% in 2025. ◆ Volatile

Latest (2025)
2.9%
Change on year
up 0.8%
World rank
123rd
of 213 countries
All-time high
23.4%
in 1977
All-time low
-0.2%
in 2014
Years of data
65
1961–2025

Inflation, GDP deflator in Spain, 1961–2025

0510152025196119932025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

The most recent figure for inflation, gdp deflator in Spain is 2.9%, measured in 2025.

The figure is up 0.8% on the previous year and up 427.6% over ten years.

Over the whole period, inflation, gdp deflator in Spain peaked at 23.4% in 1977 and was at its lowest, -0.2%, in 2014.

That places Spain 123rd out of 213 countries with data for 2025, putting it 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

DecadeAverage LowestHighest Years
1960s 6.6% 2.5% 9.2% 9
1970s 14.4% 5.9% 23.4% 10
1980s 10.0% 5.9% 13.6% 10
1990s 4.6% 2.5% 7.3% 10
2000s 3.4% 0.2% 4.2% 10
2010s 0.5% -0.2% 1.4% 10
2020s 3.4% 1.1% 6.2% 6

Countries ranked near Spain

  1. 120 Lesotho 3.0% compare
  2. 121 Antigua and Barbuda 3.0% compare
  3. 122 Tonga 3.0% compare
  4. 124 Poland 2.9% compare
  5. 125 Cameroon 2.8% compare

See the full ranking of 260 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is inflation, gdp deflator in Spain?
Inflation, gdp deflator in Spain was 2.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Spain?
The highest recorded value was 23.4% in 1977.
What is the lowest inflation, gdp deflator recorded in Spain?
The lowest recorded value was -0.2% in 2014.
How does Spain rank for inflation, gdp deflator?
Spain ranks 123rd out of 213 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Spain?
Over the last ten years it is up 427.6%. The long-run trend across the full record is volatile.
Where does this Spain data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.