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Spain: Exports of goods and services (% of GDP)

In , Spain's Exports of goods and services (% of GDP) was 37.06.

That's down 2.0% from 2023, the highest value since .

The global average for this indicator in 2024 was 44.26 . Spain ranks #81 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #37 of 49.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Spain Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
39.67
Trough
22.99
1-year change
-2.0%
5-year change
+6.9%
+1.3% / yr
10-year change
+11.5%
+1.1% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
37.0559
37.8166
39.6717
33.7571
30.4810
34.6756
34.8748
34.9004
33.5770
33.2987

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Spain's Exports of goods and services (% of GDP) in 2024?
In 2024, Spain's Exports of goods and services (% of GDP) was 37.06, according to World Bank Open Data.
Is Spain's Exports of goods and services (% of GDP) rising or falling?
Spain's Exports of goods and services (% of GDP) fell 2.0% from 2023 to 2024.
How does Spain rank globally on Exports of goods and services (% of GDP)?
In 2024, Spain ranked #81 out of 160 countries reporting Exports of goods and services (% of GDP).
How does Spain's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Spain is below the world average. Within Europe & Central Asia, it ranks #37 of 49.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.