Spain's GNI (constant 2015 US$) was US$1.43 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 24.31% from US$1.15 trillion in 2014 (2.2% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.43 trillion | 2024 |
| Five years earlier | US$1.33 trillion | 2019 |
| Ten years earlier | US$1.15 trillion | 2014 |
| Highest | US$1.43 trillion | 2024 |
| Lowest | US$379.39 billion | 1970 |
| Average since 2015 | US$1.3 trillion | 2015–2024 |
| First recorded | US$379.39 billion |
What the numbers say
In 2024, Spain's GNI (constant 2015 US$) rose 3.8% on 2023 (from US$1.38 trillion to US$1.43 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +2.1% and a typical year strayed about 3.3% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 8.3% in 1972 and the biggest yearly fall was 10.3% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$18.39 billion a year. A straight line explains 55% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Spain had the 6th highest value of the 47 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Spain | US$1.43 trillion | 2024 |
| World | US$92.62 trillion | 2024 |
| Europe & Central Asia | US$23.86 trillion | 2024 |
| High income | US$60.41 trillion | 2024 |
Closest to Spain in the 2024 ranking
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 55 values
| Year | GNI (constant 2015 US$) |
|---|---|
| 2024 | 1,433,145,873,440 |
| 2023 | 1,380,297,274,997 |
| 2022 | 1,327,040,475,961 |
| 2021 | 1,276,831,951,291 |
| 2020 | 1,193,354,761,912 |
| 2019 | 1,330,674,130,922 |
| 2018 | 1,304,979,977,856 |
| 2017 | 1,276,153,197,231 |
| 2016 | 1,244,476,923,009 |
| 2015 | 1,205,221,691,596 |
GNI (constant 2015 US$) in nearby economies
- Albania — US$16.2 billion (2024)
- Armenia — US$17.14 billion (2025)
- Austria — US$410.24 billion (2024)
- Belarus — US$66.46 billion (2025)
- Belgium — US$531.11 billion (2024)
- Bosnia and Herzegovina — US$22.35 billion (2025)
- Bulgaria — US$70 billion (2025)
- Croatia — US$71.12 billion (2025)
- Cyprus — US$29.53 billion (2025)
- Czechia — US$216.43 billion (2024)
- Denmark — US$380.46 billion (2025)
- Estonia
More economic policy & debt data for Spain
- Total reserves, including gold (current US$) — US$128.59 billion (2025)
- Total reserves, excluding gold (current US$) — US$89.05 billion (2025)
- GDP (current US$) — US$1.91 trillion (2025)
- GDP (current LCU) — 1.69 trillion (2025)
- GDP (constant 2015 US$) — US$1.47 trillion (2025)
- GDP (constant LCU) — 1.4 trillion (2025)
- GDP per capita (current US$) — US$38,627 (2025)
- GDP per capita (current LCU) — 34,184 (2025)
- GDP per capita (constant 2015 US$) — US$29,763 (2025)
- GDP per capita (constant LCU) — 28,299 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Spain's GNI (constant 2015 US$)?
- US$1.43 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 277.75% from US$379.39 billion in 1970 (2.49% a year on average, compounded). The highest value was US$1.43 trillion in 2024 and the lowest US$379.39 billion in 1970.
- How does Spain rank?
- 6th highest of 47 economies with data for 2024.
- Is the latest change in GNI (constant 2015 US$) unusual for Spain?
- In 2024, Spain's GNI (constant 2015 US$) rose 3.8% on 2023 (from US$1.38 trillion to US$1.43 trillion). Across the 30 yearly changes before that (1994 to 2023), the average change was +2.1% and a typical year strayed about 3.3% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GNP.MKTP.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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