Annual government: Gross capital formation … acquisitions in Spain
Spain: Annual government: Gross capital formation … acquisitions was 43,037 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in Spain, 1995–2024
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: Gross capital formation … acquisitions in Spain, year by year
| 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% |
Spain compared with similar countries
- Spain's 43,037 National currency is below the median for high income countries, which is 92,572 National currency, 46% of the median. (27 countries reporting)
- Spain's 43,037 National currency is below the median for Europe & Central Asia, which is 79,675 National currency, 54% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More public sector data for Spain
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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.
Download this data
CSV · JSON — 30 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
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