Spain recorded a Current Account surplus of 2.90 percent of the country's Gross Domestic Product in 2025. Current Account to GDP in Spain averaged -1.48 percent of GDP from 1980 until 2025, reaching an all time high of 3.20 percent of GDP in 2024 and a record low of -9.40 percent of GDP in 2007. source: EUROSTAT

Current Account to GDP in Spain is expected to reach 2.60 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Current Account to GDP is projected to trend around 2.70 percent of GDP in 2027 and 2.50 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -3295500.00 -4010000.00 EUR Thousand Feb 2026
Capital Flows -2904.00 6320.00 EUR Million Feb 2026
Current Account 4040.00 2730.00 EUR Million Feb 2026
Current Account to GDP 2.90 3.20 percent of GDP Dec 2025
Exports 31719600.00 28927000.00 EUR Thousand Feb 2026
Exports by Category
Exports by Country
External Debt 2758457.00 2693942.00 EUR Million Dec 2025
External Debt to GDP 163.00 162.00 percent of GDP Dec 2025
Foreign Direct Investment 3135.00 -166.00 EUR Million Feb 2026
Gold Reserves 281.58 281.58 Tonnes Dec 2025
Imports 35015200.00 32937000.00 EUR Thousand Feb 2026
Imports by Category
Imports by Country
Natural Gas Imports 0.00 112871.74 Terajoule Mar 2026
Remittances 4207.00 3788.00 EUR Million Dec 2025
Terms of Trade 98.30 99.50 points Mar 2026
Terrorism Index 0.79 1.26 Points Dec 2025
Tourism Revenues 5763.00 6016.00 EUR Million Feb 2026
Tourist Arrivals YoY 6810.63 5569.04 Thousand Mar 2026
Weapons Sales 639.00 921.00 SIPRI TIV Million Dec 2024


Spain Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.20 3.20 -9.40 1980 - 2025 percent of GDP Yearly