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Spain Imports (% GDP)

Spain's imports (% GDP) fell to 33.01% in 2024, down from 34.13% in 2023, according to World Bank. This represents a decrease of 1.12% from the previous year. Spain has imports (% GDP) lower than the global median (33.01% vs median 45.74%). Compared with the median in Europe, Spain is lower (33.01% vs regional median 57.20%) and ranks 40th out of 44 countries in Europe.

Spain's exports (% GDP) fell to 37.29% in 2024, down from 38.06% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Imports (% GDP)
2024 33.01%
2023 34.13%
2022 38.87%
2021 32.77%
2020 28.97%
2019 31.69%
2018 32.13%
2017 31.27%
2016 29.61%
2015 30.28%
2014 30.18%
2013 28.91%
2012 29.25%
2011 29.12%
2010 26.87%
2009 23.85%
2008 30.28%
2007 31.7%
2006 30.9%
2005 29.76%
2004 29.09%
2003 27.82%
2002 28.54%
2001 30.14%
2000 31.53%
1999 28.31%
1998 26.58%
1997 25.51%
1996 23.22%
1995 22.96%
1994 21.35%
1993 19.25%
1992 19.8%
1991 19.73%
1990 19.9%
1989 20.8%
1988 19.42%
1987 18.61%
1986 17.16%
1985 20.02%
1984 20.25%
1983 20.71%
1982 19.57%
1981 19.11%
1980 17.28%
1979 14.14%
1978 13.86%
1977 15.92%
1976 17.52%
1975 16.72%
1974 18.52%
1973 14.8%
1972 13.85%
1971 12.89%
1970 13.7%
Spain Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Spain compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $403.7B $420.17B 2024
Annual Imports $451.3B $469.04B 2024
Balance of Trade -€6B -€4B Aug'25
Exports €24.4B €34.4B Aug'25
Exports (% GDP) 37.29% 38.06% 2024
FDI Inflows (% GDP) 1.89% 2.65% 2024
Imports €30.3B €38.4B Aug'25
Net Trade (Goods & Services, BoP) $73.86B $63.7B 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 70.31% 72.19% 2024