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Spain Tariff Rate

Spain's tariff rate fell to 1.95% in 2022, down from 2.24% in 2021, according to World Bank. This represents a decrease of 0.29% from the previous year. Spain has the 19th lowest tariff rate. Within Europe, it ranks 35th out of 40 countries.

Yearly Historical Data (2000-2022)

(in %)
Year Tariff Rate (%)
2022 1.95%
2021 2.24%
2020 1.71%
2019 2.55%
2018 2.46%
2017 2.48%
2016 2.48%
2015 2.73%
2014 2.76%
2013 2.21%
2012 2.28%
2011 2.3%
2010 2.78%
2009 2.44%
2008 2.37%
2007 2.53%
2006 2.75%
2005 2.68%
2004 2.64%
2003 2.54%
2002 2.57%
2001 4.26%
2000 3.3%
Spain Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Spain on all products, expressed as a percentage.
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
Imports (% GDP) 33.01% 34.13% 2024
Net Trade (Goods & Services, BoP) $73.86B $63.7B 2024
Trade (% GDP) 70.31% 72.19% 2024