Prices & public finance · Europe & Central Asia · High income
Spain: prices, money and public finance
Inflation is 2.7% (2025), 98th of 180 in the world and 32nd of 49 in Europe & Central Asia. GDP deflator is 2.9% (2025), 120th of 209 in the world and 37th of 56 in Europe & Central Asia. Exchange rate is 0.88 (2025), 199th of 210 in the world and 51st of 57 in Europe & Central Asia.
Inflation
SpainEurope & Central AsiaHigh incomeWorld
GDP deflator
SpainEurope & Central AsiaHigh incomeWorld
10 indicators
Prices & public finance: Spain in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 2.7%2025 | 98/180 | 32/49 | 3.4% | 1.8% | -0.3% | +3.2 ppsince 2015 | 3.7% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 2.9%2025 | 120/209 | 37/56 | 3.4% | 0.3% | 1.1% | +2.4 ppsince 2015 | 3.6% | 2.6% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 0.882025 | 199/210 | 51/57 | 1.08 | 0.75 | 0.88 | −1.8%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 14.9%2024 | 86/142 | 41/48 | 15.8% | 12.4% | 13.4% | +0.9 ppsince 2014 | 19.7% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 29.7%2024 | 53/142 | 37/48 | 29.8% | 26.4% | 29.2% | +1.4 ppsince 2014 | 34.7% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 34.0%2023 | 39/142 | 28/47 | · | 31.5% | 40.4% | −1.3 ppsince 2013 | 38.9% | 30.1% | 28.5% | |
| Government debtCentral government debt, % of GDP | 105.6%2024 | 8/78 | 2/19 | 56.5% | 50.0% | 139.0% | +0.7 ppsince 2014 | — | — | — | |
| Private creditDomestic credit to private sector, % of GDP | 74.2%2024 | 36/169 | 14/48 | 94.9%2001 | 171.3% | 107.6% | −55.1 ppsince 2014 | 82.1% | 152.1% | 140.3% | |
| Reserves, months of importsTotal reserves in months of imports | 2.02025 | 129/165 | 34/49 | 2.0 | 0.8 | 2.3 | +33%since 2015 | 6.3 | 7.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 2.13%2025 | 55/156 | 21/47 | 1.73% | 1.38% | 1.36% | +0.9 ppsince 2015 | 2.83% | 2.80% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Reserves, months of imports+33%2.0 in 2025
Worse than ten years ago
- Inflation+3.2 pp2.7% in 2025
- Government debt+0.7 pp105.6% in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Spain and its neighbours
Countries sharing a land border with Spain. Latest values since 2005; the highest in each row is marked.
| Indicator | Spain | France | Morocco | Portugal | Andorra | Gibraltar |
|---|---|---|---|---|---|---|
| Inflation | 2.7%2025 | 0.9%2025 | 0.7%2025 | 2.3%2025 | — | — |
| GDP deflator | 2.9%2025 | 1.2%2025 | 2.1%2025 | 3.9%2025 | 2.6%2025 | — |
| Exchange rate | 0.882025 | 0.882025 | 9.352025 | 0.882025 | 0.892025 | 0.762025 |
| Tax revenue | 14.9%2024 | 22.8%2024 | 22.7%2024 | 22.3%2024 | 15.6%2024 | — |
| Government revenue | 29.7%2024 | 42.1%2024 | 25.7%2024 | 37.4%2024 | 29.8%2024 | — |
| Government expense | 34.0%2023 | 47.3%2023 | 26.6%2023 | 37.2%2023 | — | — |
| Government debt | 105.6%2024 | — | 51.2%2011 | — | 40.0%2024 | — |
| Private credit | 74.2%2024 | 107.6%2024 | 79.2%2025 | 77.1%2024 | — | — |
| Reserves, months of imports | 2.02025 | 3.42025 | 5.92025 | 4.72025 | — | — |