Subsidies and other transfers in Spain
Spain: Subsidies and other transfers was 441.11 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Spain, 1970–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, subsidies and other transfers in Spain stood at 441.11 billion current LCU. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 7.5% on the previous year and up 61.5% over ten years.
Over the whole period, subsidies and other transfers in Spain peaked at 441.11 billion current LCU in 2024 and was at its lowest, 2.79 billion current LCU, in 1986.
That places Spain 56th out of 153 countries with data for 2024, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 85.85 billion current LCU | 83.46 billion current LCU | 88.23 billion current LCU | 2 |
| 1980s | 3.07 billion current LCU | 2.79 billion current LCU | 3.30 billion current LCU | 5 |
| 1990s | 96.04 billion current LCU | 66.12 billion current LCU | 122.81 billion current LCU | 10 |
| 2000s | 195.42 billion current LCU | 125.23 billion current LCU | 280.27 billion current LCU | 10 |
| 2010s | 283.39 billion current LCU | 255.34 billion current LCU | 321.45 billion current LCU | 10 |
| 2020s | 400.15 billion current LCU | 376.72 billion current LCU | 441.11 billion current LCU | 5 |
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 subsidies and other transfers in Spain?
- Subsidies and other transfers in Spain was 441.11 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Spain?
- The highest recorded value was 441.11 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Spain?
- The lowest recorded value was 2.79 billion current LCU in 1986.
- How does Spain rank for subsidies and other transfers?
- Spain ranks 56th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Spain?
- Over the last ten years it is up 61.5%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.