Goods and services expense in Spain
Spain: Goods and services 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 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% |
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
More public sector data for Spain
- Arms imports 148.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.03 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -16.85 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 148.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 503.91 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0143 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.33 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 24.62 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 356.22 SIPRI trend indicator values per square kilometre (2023)
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.