Annual government expenditure by function (COFOG) — Gross capital in Spain

Spain: Annual government expenditure by function (COFOG) — Gross capital was 43,037 National currency in 2024. ▲ Rising

Latest (2024)
43,037 National currency
Change on year
down 2.8%
World rank
19th
of 28 countries
All-time high
56,909 National currency
in 2009
All-time low
18,569 National currency
in 1996
Years of data
30
1995–2024

Annual government expenditure by function (COFOG) — Gross capital in Spain, 1995–2024

20.0k30.0k40.0k50.0k60.0k1995200920241995: 20.6k National currency1996: 18.6k National currency1997: 20.0k National currency1998: 21.6k National currency1999: 23.8k National currency2000: 24.4k National currency2001: 27.1k National currency2002: 30.8k National currency2003: 32.9k National currency2004: 34.8k National currency2005: 39.3k National currency2006: 43.0k National currency2007: 51.0k National currency2008: 53.5k National currency2009: 56.9k National currency2010: 52.2k National currency2011: 41.0k National currency2012: 36.4k National currency2013: 26.6k National currency2014: 23.2k National currency2015: 28.7k National currency2016: 22.9k National currency2017: 23.9k National currency2018: 26.5k National currency2019: 27.8k National currency2020: 31.3k National currency2021: 34.7k National currency2022: 38.6k National currency2023: 44.3k National currency2024: 43.0k National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

Spain recorded 43,037 National currency for annual government expenditure by function (cofog) — gross capital in 2024.

That represents a change of down 2.8% on the previous year and up 85.4% over ten years.

Over the whole period, annual government expenditure by function (cofog) — gross capital in Spain peaked at 56,909 National currency in 2009 and was at its lowest, 18,569 National currency, in 1996.

That places Spain 19th out of 28 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Annual government expenditure by function (COFOG) — Gross capital in Spain, year by year

Annual values for Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets in Spain, 1995 to 2024.
Year National currency Change
1995 20,631 National currency
1996 18,569 National currency -10.0%
1997 19,995 National currency +7.7%
1998 21,587 National currency +8.0%
1999 23,840 National currency +10.4%
2000 24,449 National currency +2.6%
2001 27,067 National currency +10.7%
2002 30,846 National currency +14.0%
2003 32,901 National currency +6.7%
2004 34,779 National currency +5.7%
2005 39,261 National currency +12.9%
2006 42,995 National currency +9.5%
2007 50,980 National currency +18.6%
2008 53,455 National currency +4.9%
2009 56,909 National currency +6.5%
2010 52,247 National currency -8.2%
2011 40,958 National currency -21.6%
2012 36,422 National currency -11.1%
2013 26,638 National currency -26.9%
2014 23,214 National currency -12.9%
2015 28,739 National currency +23.8%
2016 22,950 National currency -20.1%
2017 23,884 National currency +4.1%
2018 26,512 National currency +11.0%
2019 27,761 National currency +4.7%
2020 31,267 National currency +12.6%
2021 34,664 National currency +10.9%
2022 38,589 National currency +11.3%
2023 44,266 National currency +14.7%
2024 43,037 National currency -2.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 20,924 National currency 18,569 National currency 23,840 National currency 5
2000s 39,364 National currency 24,449 National currency 56,909 National currency 10
2010s 30,932 National currency 22,950 National currency 52,247 National currency 10
2020s 38,365 National currency 31,267 National currency 44,266 National currency 5

Countries ranked near Spain

  1. 16 Denmark 91,294 National currency compare
  2. 17 Israel 84,527 National currency compare
  3. 18 Italy 79,675 National currency compare
  4. 20 Switzerland 26,411 National currency compare
  5. 21 Austria 19,913 National currency compare
  6. 22 Belgium 19,630 National currency compare

See the full ranking of 39 places →

More public sector data for Spain

All data for Spain →

Frequently asked questions

What is annual government expenditure by function (cofog) — gross capital in Spain?
Annual government expenditure by function (cofog) — gross capital in Spain was 43,037 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government expenditure by function (cofog) — gross capital recorded in Spain?
The highest recorded value was 56,909 National currency in 2009.
What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Spain?
The lowest recorded value was 18,569 National currency in 1996.
How does Spain rank for annual government expenditure by function (cofog) — gross capital?
Spain ranks 19th out of 28 countries with data for 2024.
Is annual government expenditure by function (cofog) — gross capital rising or falling in Spain?
Over the last ten years it is up 85.4%. The long-run trend across the full record is rising.
Where does this Spain data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.

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Annual government expenditure by function (COFOG) — Gross capital in Spain. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 26 August 2026, from https://public-sector.statizoid.com/stat/annual-government-expenditure-by-function-cofog-gross-capital-formation-and-acquisitions/spain/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
39 places, 1,128 data points, 1970–2025
Last refreshed

This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org