Goods and services expense (% of expense) in Spain
Spain: Goods and services expense (% of expense) was 2.9% in 2023. ◆ Volatile
Goods and services expense in Spain, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Spain recorded 2.9% for goods and services expense in 2023.
That represents a change of up 12.6% on the previous year and up 11.4% over ten years.
Over the whole period, goods and services expense in Spain peaked at 19.0% in 1973 and was at its lowest, 2.0%, in 2020.
Spain ranks 151st of 154 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense (% of expense) in Spain, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 17.7% | — |
| 1973 | 19.0% | +7.2% |
| 1974 | 18.4% | -3.4% |
| 1975 | 18.5% | +0.4% |
| 1976 | 17.5% | -5.3% |
| 1977 | 15.7% | -10.1% |
| 1978 | 15.9% | +1.2% |
| 1979 | 9.4% | -40.6% |
| 1980 | 8.7% | -8.0% |
| 1981 | 8.1% | -6.2% |
| 1982 | 8.0% | -1.8% |
| 1983 | 7.9% | -1.0% |
| 1984 | 7.9% | +0.1% |
| 1985 | 7.1% | -10.0% |
| 1986 | 7.7% | +7.4% |
| 1987 | 9.0% | +17.7% |
| 1988 | 8.0% | -11.6% |
| 1989 | 8.7% | +9.1% |
| 1990 | 5.7% | -34.3% |
| 1991 | 5.6% | -1.4% |
| 1992 | 5.7% | +1.8% |
| 1993 | 6.1% | +6.8% |
| 1994 | 5.7% | -7.5% |
| 2004 | 2.9% | -48.3% |
| 2005 | 2.9% | +0.6% |
| 2006 | 2.9% | -2.1% |
| 2007 | 3.1% | +8.8% |
| 2008 | 3.1% | -0.1% |
| 2009 | 2.9% | -7.3% |
| 2010 | 2.9% | -0.6% |
| 2011 | 3.0% | +2.3% |
| 2012 | 2.4% | -19.8% |
| 2013 | 2.6% | +9.6% |
| 2014 | 2.6% | -1.3% |
| 2015 | 2.6% | +3.1% |
| 2016 | 2.7% | +3.8% |
| 2017 | 2.5% | -10.1% |
| 2018 | 2.4% | -2.0% |
| 2019 | 2.5% | +4.9% |
| 2020 | 2.0% | -19.2% |
| 2021 | 2.1% | +2.8% |
| 2022 | 2.6% | +22.0% |
| 2023 | 2.9% | +12.6% |
Spain compared with similar countries
- Spain's 2.9% is below the median for high income countries, which is 9.6%, 30% of the median. (56 countries reporting)
- Spain's 2.9% is below the median for Europe & Central Asia, which is 9.0%, 32% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.5% | 9.4% | 19.0% | 8 |
| 1980s | 8.1% | 7.1% | 9.0% | 10 |
| 1990s | 5.8% | 5.6% | 6.1% | 5 |
| 2000s | 3.0% | 2.9% | 3.1% | 6 |
| 2010s | 2.6% | 2.4% | 3.0% | 10 |
| 2020s | 2.4% | 2.0% | 2.9% | 4 |
Countries ranked near Spain
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Frequently asked questions
- What is goods and services expense in Spain?
- Goods and services expense in Spain was 2.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Spain?
- The highest recorded value was 19.0% in 1973.
- What is the lowest goods and services expense recorded in Spain?
- The lowest recorded value was 2.0% in 2020.
- How does Spain rank for goods and services expense?
- Spain ranks 151st out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Spain?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.