Spain recorded a Current Account surplus of 3.20 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Spain averaged -1.58 percent of GDP from 1980 until 2024, 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 -5570000.00 -5682000.00 EUR Thousand Dec 2025
Capital Flows 18584.00 -2751.00 EUR Million Dec 2025
Current Account 1800.00 205.00 EUR Million Dec 2025
Current Account to GDP 3.20 2.70 percent of GDP Dec 2024
Exports 30161000.00 32158000.00 EUR Thousand Dec 2025
Exports by Category
Exports by Country
External Debt 2683977.00 2645372.00 EUR Million Sep 2025
External Debt to GDP 162.00 162.00 percent of GDP Sep 2025
Foreign Direct Investment -10103.00 3460.00 EUR Million Dec 2025
Gold Reserves 281.58 281.58 Tonnes Sep 2025
Imports 35734100.00 37840000.00 EUR Thousand Dec 2025
Imports by Category
Imports by Country
Natural Gas Imports 0.00 112372.50 Terajoule Jan 2026
Remittances 3803.00 4211.00 EUR Million Sep 2025
Terms of Trade 100.50 100.10 points Jan 2026
Terrorism Index 1.26 1.67 Points Dec 2024
Tourism Revenues 6543.00 6359.00 EUR Million Dec 2025
Tourist Arrivals YoY 5127.26 5286.40 Thousand Jan 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
3.20 2.70 3.20 -9.40 1980 - 2024 percent of GDP Yearly