Annual government: Gross fixed capital formation … function fixed in Spain
Spain: Annual government: Gross fixed capital formation … function fixed was 43,485 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross fixed in Spain, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Spain recorded 43,485 National currency for annual government expenditure by function (cofog) — gross fixed in 2024.
Compared with earlier readings it is down 2.7% on the previous year and up 97.0% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross fixed in Spain peaked at 55,353 National currency in 2009 and was at its lowest, 18,228 National currency, in 1996.
That places Spain 17th out of 27 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 fixed capital formation … function fixed in Spain, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 20,243 National currency | — |
| 1996 | 18,228 National currency | -10.0% |
| 1997 | 19,329 National currency | +6.0% |
| 1998 | 21,442 National currency | +10.9% |
| 1999 | 23,086 National currency | +7.7% |
| 2000 | 23,928 National currency | +3.6% |
| 2001 | 26,536 National currency | +10.9% |
| 2002 | 30,487 National currency | +14.9% |
| 2003 | 33,265 National currency | +9.1% |
| 2004 | 34,404 National currency | +3.4% |
| 2005 | 39,134 National currency | +13.7% |
| 2006 | 43,832 National currency | +12.0% |
| 2007 | 50,418 National currency | +15.0% |
| 2008 | 51,712 National currency | +2.6% |
| 2009 | 55,353 National currency | +7.0% |
| 2010 | 50,959 National currency | -7.9% |
| 2011 | 40,001 National currency | -21.5% |
| 2012 | 32,549 National currency | -18.6% |
| 2013 | 24,651 National currency | -24.3% |
| 2014 | 22,079 National currency | -10.4% |
| 2015 | 28,002 National currency | +26.8% |
| 2016 | 22,199 National currency | -20.7% |
| 2017 | 23,118 National currency | +4.1% |
| 2018 | 25,889 National currency | +12.0% |
| 2019 | 27,206 National currency | +5.1% |
| 2020 | 29,694 National currency | +9.1% |
| 2021 | 33,591 National currency | +13.1% |
| 2022 | 37,350 National currency | +11.2% |
| 2023 | 44,696 National currency | +19.7% |
| 2024 | 43,485 National currency | -2.7% |
Spain compared with similar countries
- Spain's 43,485 National currency is below the median for high income countries, which is 93,394 National currency, 47% of the median. (26 countries reporting)
- Spain's 43,485 National currency is below the median for Europe & Central Asia, which is 78,345 National currency, 56% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20,466 National currency | 18,228 National currency | 23,086 National currency | 5 |
| 2000s | 38,907 National currency | 23,928 National currency | 55,353 National currency | 10 |
| 2010s | 29,665 National currency | 22,079 National currency | 50,959 National currency | 10 |
| 2020s | 37,763 National currency | 29,694 National currency | 44,696 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 fixed in Spain?
- Annual government expenditure by function (cofog) — gross fixed in Spain was 43,485 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Spain?
- The highest recorded value was 55,353 National currency in 2009.
- What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Spain?
- The lowest recorded value was 18,228 National currency in 1996.
- How does Spain rank for annual government expenditure by function (cofog) — gross fixed?
- Spain ranks 17th out of 27 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross fixed rising or falling in Spain?
- Over the last ten years it is up 97.0%. 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 fixed capital formation. Statizoid updates them automatically from the source API.
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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